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- Banks in Georgia (GA)
- The Central and Southern Bank of Georgia
The Central and Southern Bank of Georgia in Milledgeville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 19, 1999
- The Central and Southern Bank of Georgia in Milledgeville, Georgia (GA)
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The Central and Southern Bank of Georgia - Overview
- General
- FDIC Certificate #: 8027
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Premier Bank (#26307)
Federal Reserve ID: 800639
Date Established: October 13, 1884
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 12581
FDIC's unique #: 5108
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 19, 1999
Last Structure Change Process Date: April 30, 1999
Last Data Update: April 30, 1999
Data Source Date: April 05, 2012 - Location
- Address: 150 West Green Street, Milledgeville, GA 31061
County: Baldwin
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
Core Based Statistical Area (CBSA): Milledgeville, GA (#33300)
CBSA Micro Statistical Area: Yes - Financial Summary
- Total assets: $222.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
- Dollar figures in thousands
- 66Total employees (full-time equivalent)
- $222,242Total assets
- $10,396Cash and due from depository institutions
- $0Interest-bearing balances
- $27,346Securities
- $49,635Federal funds sold & reverse repurchase agreements
- $127,985Net loans & leases
- $3,112Loan loss allowance
- $0Trading account assets
- $5,026Bank premises and fixed assets
- $181Other real estate owned
- $450Goodwill and other intangibles
- $0Life insurance assets
- $1,223All other assets
- $222,242Total liabilities and capital
- $200,021Total liabilities
- $193,041Total deposits
- $171,460Interest-bearing deposits
- $193,041Deposits held in domestic offices
- 0.00%% insured (estimated)
- $3,570Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $3,410All other liabilities
- $22,221Total equity capital
- $22,221Total bank equity capital
- $22,221Perpetual preferred stock
- $0Common stock
- $1,200Surplus
- $15,000Undivided profits
- Memoranda
- $6,021Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $148Earning assets
- $0Long-term assets (5+ years)
- $824Average Assets, year-to-date
- $204,966Average Assets, quarterly
- $21,148Volatile liabilities
- $195,890Insider loans
- $218,457FHLB advances
- $25,704Loans and leases held for sale
- $1,788Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $27,415Total unused commitments
- $0Restructured Loans and leases
- $141,973Derivatives
Income and Expense (December 31, 1998)
- Dollar figures in thousands
- $15,324Total interest income
- $7,733Total interest expense
- $7,591Net interest income
- -$300Provision for loan and lease losses
- $1,406Total noninterest income
- $0Fiduciary activities
- $761Service charges on deposit accounts
- $0Trading account gains & fees
- $645Additional noninterest income
- $4,608Total noninterest expense
- $2,548Salaries and employee benefits
- $826Premises and equipment expense
- $1,234Additional noninterest expense
- $4,689Pre-tax net operating income
- $8Securities gains (losses)
- $1,649Applicable income taxes
- $3,048Income before extraordinary items
- $0Extraordinary gains - net
- $3,048Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- -$399Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1998)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.51%Yield on earning assets
- 4.30%Cost of funding earning assets
- 4.22%Net interest margin
- 0.78%Noninterest income to earning assets
- 2.56%Noninterest expense to earning assets
- 1.55%Net operating income to assets
- 1.56%Return on assets (ROA)
- 2.40%Pretax return on assets
- 14.80%Return on equity (ROE)
- 14.80%Retained earnings to average equity (YTD only)
- -0.32%Net charge-offs to loans
- 75.19%Credit loss provision to net charge-offs
- 0.00%Efficiency ratio
- 50,806Assets per employee
- 3.37%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 2.37%Loss allowance to noncurrent loans
- 2102.70%Noncurrent assets plus other real estate owned to assets
- 0.15%Noncurrent loans to loans
- 0.11%Net loans and leases to deposits
- 66.30%Net loans and leases to core deposits
- 74.89%Equity capital to assets
- 10.00%Core capital (leverage) ratio
- 9.96%Tier 1 risk-based capital ratio
- 15.23%Total risk-based capital ratio
- Memoranda
- $16Average assets
- $195,890Average earning assets
- $20,597Average equity
- $180,026Average loans
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- Banks in Georgia (GA)
- The Central and Southern Bank of Georgia
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