The Bank of La Fayette, Georgia in La Fayette, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Bank of La Fayette, Georgia in La Fayette, Georgia (GA)
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The Bank of La Fayette, Georgia - Overview

  • General
  • FDIC Certificate #: 9245
    Status: Active
    Federal Reserve ID: 944739
    Bank Holding Company (Regulatory Top Holder): Lafayette Bankshares, Inc. (RSSDID: 1085965, Location: Lafayette, GA)
    Date Established: July 18, 1899
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 5916
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 08, 2006
    Last Structure Change Process Date: June 15, 2006
    Last Data Update: June 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Patton Street, La Fayette, GA 30728
    County: Walker
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Chattanooga, TN-GA (#1560)
    Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
    Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
    CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $225.6 mil
    Equity capital: $30.5 mil
    Deposits held in domestic offices: $191.5 mil
    Return on assets (ROA): 0.82% ($1.9 mil)
    Quarterly return on assets: 0.06% ($0.1 mil)
    Return on Equity (ROE): 5.94% ($1.8 mil)
    Quarterly return on equity: 0.42% ($0.1 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.20% ($2,707.6 mil)
    Quarterly Pretax return on assets: 0.02% ($45.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $225,632Total assets
  • $33,484Cash and due from depository institutions
  • $23,564Interest-bearing balances
  • $104,975Securities
  • $4,700Federal funds sold & reverse repurchase agreements
  • $79,725Net loans & leases
  • $2,681Loan loss allowance
  • $0Trading account assets
  • $1,048Bank premises and fixed assets
  • $109Other real estate owned
  • $0Goodwill and other intangibles
  • $225,632Life insurance assets
  • $1,591All other assets
  • $195,092Total liabilities and capital
  • $191,532Total liabilities
  • $164,814Total deposits
  • $191,532Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 2993.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $567Subordinated debt
  • $30,540All other liabilities
  • $30,540Total equity capital
  • $30,540Total bank equity capital
  • $0Perpetual preferred stock
  • $800Common stock
  • $9,200Surplus
  • $20,540Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,985Income earned, not collected on loans
  • $0Earning assets
  • $740Long-term assets (5+ years)
  • $212,964Average Assets, year-to-date
  • $131,745Average Assets, quarterly
  • $213,703Volatile liabilities
  • $217,085Insider loans
  • $72,179FHLB advances
  • $213,515Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $28,599Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,933Restructured Loans and leases
  • $111Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,972Total interest income
  • $1,868Total interest expense
  • $7,104Net interest income
  • $855Provision for loan and lease losses
  • $795Total noninterest income
  • $0Fiduciary activities
  • $692Service charges on deposit accounts
  • $0Trading account gains & fees
  • $103Additional noninterest income
  • $5,546Total noninterest expense
  • $3,529Salaries and employee benefits
  • $567Premises and equipment expense
  • $1,450Additional noninterest expense
  • $1,498Pre-tax net operating income
  • $1,076Securities gains (losses)
  • $823Applicable income taxes
  • $1,751Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,751Net income attributable to bank
  • $0Net charge-offs
  • $1,751Cash dividends
  • $552Sale, conversion, retirement of capital stock, net
  • $620Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.46%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 5.94%Return on equity (ROE)
  • 3.83%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 154.89%Credit loss provision to net charge-offs
  • 4.26%Efficiency ratio
  • 70,211Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.41%Loss allowance to loans
  • 3.25%Loss allowance to noncurrent loans
  • 89.82%Noncurrent assets plus other real estate owned to assets
  • 1.37%Noncurrent loans to loans
  • 3.62%Net loans and leases to deposits
  • 41.62%Net loans and leases to core deposits
  • 46.44%Equity capital to assets
  • 13.54%Core capital (leverage) ratio
  • 13.39%Tier 1 risk-based capital ratio
  • 39.62%Total risk-based capital ratio
  • Memoranda
  • $41Average assets
  • $213,703Average earning assets
  • $29,503Average equity
  • $201,018Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05916The Bank Of La Fayette, Georgia101 West Patton Street, La Fayette, GA 30728July 18, 1899Full Service Brick and Mortar
    1219780West Main-Chattanooga BranchWest Main And Chattanooga Streets, Lafayette, GA 30728August 26, 1975Limited Service Facility
    2219781Rock Spring BranchU.S. Highway 27 And Georgia Highway 95, Rock Spring, GA 30739October 10, 1985Limited Service Facility

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