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


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

The Farmers Bank - Overview

  • General
  • FDIC Certificate #: 5709
    Status: Active
    Federal Reserve ID: 11837
    Bank Holding Company (Regulatory Top Holder): Putnam-Greene Financial Corporation (RSSDID: 1246252, Location: Eatonton, GA)
    Date Established: September 06, 1911
    WWW: http://www.farmbk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3891
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 14, 2007
    Last Structure Change Process Date: March 23, 2007
    Last Data Update: March 23, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 202-A South Main Street, Greensboro, GA 30642
    County: Greene
    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
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Withdraws from FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $104.1 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $85.0 mil
    Return on assets (ROA): 0.27% ($0.3 mil)
    Quarterly return on assets: 0.03% ($0.0 mil)
    Return on Equity (ROE): 2.60% ($0.3 mil)
    Quarterly return on equity: 0.24% ($0.0 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.15% ($156.1 mil)
    Quarterly Pretax return on assets: -0.34% (-$353.9 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
  • 17Total employees (full-time equivalent)
  • $104,092Total assets
  • $10,035Cash and due from depository institutions
  • $8,643Interest-bearing balances
  • $58,731Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $28,996Net loans & leases
  • $1,076Loan loss allowance
  • $0Trading account assets
  • $730Bank premises and fixed assets
  • $3,615Other real estate owned
  • $0Goodwill and other intangibles
  • $104,092Life insurance assets
  • $1,985All other assets
  • $92,409Total liabilities and capital
  • $85,008Total liabilities
  • $79,554Total deposits
  • $85,008Interest-bearing deposits
  • $67Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $401Subordinated debt
  • $11,683All other liabilities
  • $11,683Total equity capital
  • $11,683Total bank equity capital
  • $0Perpetual preferred stock
  • $314Common stock
  • $10,686Surplus
  • $683Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,772Income earned, not collected on loans
  • $0Earning assets
  • $638Long-term assets (5+ years)
  • $96,370Average Assets, year-to-date
  • $59,394Average Assets, quarterly
  • $106,088Volatile liabilities
  • $99,527Insider loans
  • $46,780FHLB advances
  • $97,459Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,896Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,564Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,946Total interest income
  • $1,198Total interest expense
  • $2,748Net interest income
  • $725Provision for loan and lease losses
  • $120Total noninterest income
  • $0Fiduciary activities
  • $175Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$55Additional noninterest income
  • $2,484Total noninterest expense
  • $1,205Salaries and employee benefits
  • $175Premises and equipment expense
  • $1,104Additional noninterest expense
  • -$341Pre-tax net operating income
  • $505Securities gains (losses)
  • -$124Applicable income taxes
  • $288Income before extraordinary items
  • $0Extraordinary gains - net
  • $288Net income attributable to bank
  • $0Net charge-offs
  • $288Cash dividends
  • $685Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.98%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 2.77%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 2.51%Noninterest expense to earning assets
  • -0.20%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.15%Pretax return on assets
  • 2.60%Return on equity (ROE)
  • 2.60%Retained earnings to average equity (YTD only)
  • 2.04%Net charge-offs to loans
  • 105.84%Credit loss provision to net charge-offs
  • 0.56%Efficiency ratio
  • 86,611Assets per employee
  • 6.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.58%Loss allowance to noncurrent loans
  • 38.82%Noncurrent assets plus other real estate owned to assets
  • 6.14%Noncurrent loans to loans
  • 9.22%Net loans and leases to deposits
  • 34.11%Net loans and leases to core deposits
  • 35.20%Equity capital to assets
  • 11.22%Core capital (leverage) ratio
  • 11.18%Tier 1 risk-based capital ratio
  • 23.29%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $106,088Average earning assets
  • $11,076Average equity
  • $99,099Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03891The Farmers Bank202-A South Main Street, Greensboro, GA 30642September 06, 1911Full Service Brick and Mortar
    1208052Sibley Avenue Branch710 Sibley Avenue, Union Point, GA 30669March 08, 1979Full Service Brick and Mortar

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 Farmers Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents