The Brown Bank in Cobbtown, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1998

  • The Brown Bank in Cobbtown, Georgia (GA)
  • Show street view No street view available for this location

The Brown Bank - Overview

  • General
  • FDIC Certificate #: 19883
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FLAG Bank (#186)
    Federal Reserve ID: 454836
    Date Established: April 10, 1946
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 12505
    FDIC's unique #: 13670
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 18, 1995
    Last Structure Change Effective Date: December 31, 1998
    Last Structure Change Process Date: Febuary 03, 1999
    Last Data Update: Febuary 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: North Railroad And West Main Streets, Cobbtown, GA 30420
    County: Tattnall
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $26.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $30,870Total assets
  • $1,119Cash and due from depository institutions
  • $17Interest-bearing balances
  • $2,827Securities
  • $250Federal funds sold & reverse repurchase agreements
  • $24,022Net loans & leases
  • $651Loan loss allowance
  • $0Trading account assets
  • $1,214Bank premises and fixed assets
  • $172Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,266All other assets
  • $30,870Total liabilities and capital
  • $29,347Total liabilities
  • $28,348Total deposits
  • $26,426Interest-bearing deposits
  • $28,348Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $500Other borrowed funds
  • $0Subordinated debt
  • $499All other liabilities
  • $1,523Total equity capital
  • $1,523Total bank equity capital
  • $1,523Perpetual preferred stock
  • $0Common stock
  • $175Surplus
  • $1,180Undivided profits
  • Memoranda
  • $168Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $770Earning assets
  • $0Long-term assets (5+ years)
  • $675Average Assets, year-to-date
  • $27,116Average Assets, quarterly
  • $0Volatile liabilities
  • $28,405Insider loans
  • $31,450FHLB advances
  • $7,790Loans and leases held for sale
  • $139Unused loan commitments
  • $500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,074Total unused commitments
  • $0Restructured Loans and leases
  • $22,871Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $2,579Total interest income
  • $1,335Total interest expense
  • $1,244Net interest income
  • $580Provision for loan and lease losses
  • $513Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $513Additional noninterest income
  • $1,377Total noninterest expense
  • $684Salaries and employee benefits
  • $378Premises and equipment expense
  • $315Additional noninterest expense
  • -$200Pre-tax net operating income
  • $0Securities gains (losses)
  • -$68Applicable income taxes
  • -$132Income before extraordinary items
  • $0Extraordinary gains - net
  • -$132Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $151Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.24%Yield on earning assets
  • 5.30%Cost of funding earning assets
  • 4.94%Net interest margin
  • 2.04%Noninterest income to earning assets
  • 5.47%Noninterest expense to earning assets
  • -0.46%Net operating income to assets
  • -0.46%Return on assets (ROA)
  • -0.70%Pretax return on assets
  • -7.78%Return on equity (ROE)
  • -7.78%Retained earnings to average equity (YTD only)
  • 0.68%Net charge-offs to loans
  • 384.11%Credit loss provision to net charge-offs
  • 2.52%Efficiency ratio
  • 78,372Assets per employee
  • 1.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.64%Loss allowance to noncurrent loans
  • 84.55%Noncurrent assets plus other real estate owned to assets
  • 3.05%Noncurrent loans to loans
  • 3.12%Net loans and leases to deposits
  • 84.74%Net loans and leases to core deposits
  • 114.08%Equity capital to assets
  • 4.93%Core capital (leverage) ratio
  • 4.97%Tier 1 risk-based capital ratio
  • 6.72%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $28,405Average earning assets
  • $1,697Average equity
  • $25,183Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Brown Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents