The Citizens Bank in Toccoa, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 07, 1996

  • The Citizens Bank in Toccoa, Georgia (GA)
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The Citizens Bank - Overview

  • General
  • FDIC Certificate #: 16988
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 161536
    Date Established: March 16, 1951
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11061
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 16, 1951
    Last Structure Change Effective Date: June 07, 1996
    Last Structure Change Process Date: July 24, 1996
    Last Data Update: July 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 303 East Doyle Street, Toccoa, GA 30577
    County: Stephens
    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): Toccoa, GA (#45740)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $88.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $38Total assets
  • $87,972Cash and due from depository institutions
  • $2,120Interest-bearing balances
  • $1,091Securities
  • $28,268Federal funds sold & reverse repurchase agreements
  • $1,013Net loans & leases
  • $54,182Loan loss allowance
  • $1,013Trading account assets
  • $0Bank premises and fixed assets
  • $1,142Other real estate owned
  • $54Goodwill and other intangibles
  • $1,193Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $87,972Total liabilities
  • $76,212Total deposits
  • $73,842Interest-bearing deposits
  • $58,498Deposits held in domestic offices
  • 73842.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $1,700Trading liabilities
  • $0Other borrowed funds
  • $205Subordinated debt
  • $0All other liabilities
  • $465Total equity capital
  • $465Total bank equity capital
  • $11,760Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $2,800Undivided profits
  • Memoranda
  • $7,760Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $901Income earned, not collected on loans
  • $371Earning assets
  • $84,554Long-term assets (5+ years)
  • $8,762Average Assets, year-to-date
  • $86,725Average Assets, quarterly
  • $88,311Volatile liabilities
  • $10,783Insider loans
  • $1,394FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,966Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,670Total risk weighted assets
  • $52,876Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,963Total interest expense
  • $2,641Net interest income
  • $4,322Provision for loan and lease losses
  • $678Total noninterest income
  • $755Fiduciary activities
  • $0Service charges on deposit accounts
  • $503Trading account gains & fees
  • $0Additional noninterest income
  • $252Total noninterest expense
  • $2,842Salaries and employee benefits
  • $1,378Premises and equipment expense
  • $304Additional noninterest expense
  • $1,160Pre-tax net operating income
  • $1,557Securities gains (losses)
  • $9Applicable income taxes
  • $589Income before extraordinary items
  • $977Extraordinary gains - net
  • $0Net income attributable to bank
  • $977Net charge-offs
  • $408Cash dividends
  • $549Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.39%Cost of funding earning assets
  • 3.18%Net interest margin
  • 5.21%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 3.42%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 1.81%Return on equity (ROE)
  • 8.50%Retained earnings to average equity (YTD only)
  • 3.72%Net charge-offs to loans
  • 0.74%Credit loss provision to net charge-offs
  • 166.18%Efficiency ratio
  • 55,978Assets per employee
  • 2.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.19%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 112.43%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.63%Net loans and leases to deposits
  • 73.38%Net loans and leases to core deposits
  • 83.53%Equity capital to assets
  • 13.37%Core capital (leverage) ratio
  • 13.22%Tier 1 risk-based capital ratio
  • 22.07%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $86,725Average earning assets
  • $11,494Average equity
  • $83,026Average loans

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