The Farmers Bank in Forsyth, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers Bank - Overview

  • General
  • FDIC Certificate #: 17089
    Status: Active
    Federal Reserve ID: 212335
    Bank Holding Company (Regulatory Top Holder): Persons Banking Co., Inc. (RSSDID: 1081314, Location: Macon, GA)
    Date Established: January 01, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 11140
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 28, 1952
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 88 North Lee Street, Forsyth, GA 31029
    County: Monroe
    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
    Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356)
    Core Based Statistical Area (CBSA): Macon, GA (#31420)
    CBSA Metro Statistical Area: Macon, GA (#31420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $65.7 mil
    Equity capital: $4.7 mil
    Deposits held in domestic offices: $60.9 mil
    Return on assets (ROA): 0.45% ($0.3 mil)
    Quarterly return on assets: 0.27% ($0.2 mil)
    Return on Equity (ROE): 6.58% ($0.3 mil)
    Quarterly return on equity: 3.83% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.45% ($295.7 mil)
    Quarterly Pretax return on assets: 0.27% ($177.4 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
  • 15Total employees (full-time equivalent)
  • $65,706Total assets
  • $8,515Cash and due from depository institutions
  • $7,521Interest-bearing balances
  • $6,986Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $43,514Net loans & leases
  • $1,091Loan loss allowance
  • $0Trading account assets
  • $687Bank premises and fixed assets
  • $5,342Other real estate owned
  • $0Goodwill and other intangibles
  • $65,706Life insurance assets
  • $662All other assets
  • $60,985Total liabilities and capital
  • $60,863Total liabilities
  • $50,873Total deposits
  • $60,863Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $122Subordinated debt
  • $4,721All other liabilities
  • $4,721Total equity capital
  • $4,721Total bank equity capital
  • $0Perpetual preferred stock
  • $225Common stock
  • $3,025Surplus
  • $1,471Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,975Income earned, not collected on loans
  • $0Earning assets
  • $254Long-term assets (5+ years)
  • $58,021Average Assets, year-to-date
  • $6,226Average Assets, quarterly
  • $67,355Volatile liabilities
  • $65,706Insider loans
  • $46,360FHLB advances
  • $66,220Loans and leases held for sale
  • $177Unused loan commitments
  • $177Tier 1 (core) risk-based capital
  • $4,685Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,108Restructured Loans and leases
  • $196Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,784Total interest income
  • $511Total interest expense
  • $2,273Net interest income
  • $210Provision for loan and lease losses
  • $468Total noninterest income
  • $0Fiduciary activities
  • $371Service charges on deposit accounts
  • $0Trading account gains & fees
  • $97Additional noninterest income
  • $2,390Total noninterest expense
  • $697Salaries and employee benefits
  • $219Premises and equipment expense
  • $1,474Additional noninterest expense
  • $141Pre-tax net operating income
  • $159Securities gains (losses)
  • $0Applicable income taxes
  • $300Income before extraordinary items
  • $0Extraordinary gains - net
  • $300Net income attributable to bank
  • $0Net charge-offs
  • $300Cash dividends
  • $608Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.96%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 6.58%Return on equity (ROE)
  • 6.58%Retained earnings to average equity (YTD only)
  • 1.32%Net charge-offs to loans
  • 34.54%Credit loss provision to net charge-offs
  • 0.58%Efficiency ratio
  • 87,194Assets per employee
  • 4.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.45%Loss allowance to noncurrent loans
  • 27.45%Noncurrent assets plus other real estate owned to assets
  • 14.18%Noncurrent loans to loans
  • 8.91%Net loans and leases to deposits
  • 71.49%Net loans and leases to core deposits
  • 76.36%Equity capital to assets
  • 7.19%Core capital (leverage) ratio
  • 7.07%Tier 1 risk-based capital ratio
  • 10.11%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $67,355Average earning assets
  • $4,561Average equity
  • $60,342Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011140The Farmers Bank88 North Lee Street, Forsyth, GA 31029January 01, 1910Full Service Brick and Mortar

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