The Geo. D. Warthen Bank in Sandersville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Geo. D. Warthen Bank - Overview

  • General
  • FDIC Certificate #: 2154
    Status: Active
    Federal Reserve ID: 305237
    Date Established: January 01, 1871
    WWW: http://www.gdwbank.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 #: 1423
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 216 North Harris Street, Sandersville, GA 31082
    County: Washington
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $167.0 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $148.4 mil
    Return on assets (ROA): 0.48% ($0.8 mil)
    Quarterly return on assets: 0.36% ($0.6 mil)
    Return on Equity (ROE): 5.05% ($0.8 mil)
    Quarterly return on equity: 3.65% ($0.6 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.48% ($801.8 mil)
    Quarterly Pretax return on assets: 0.38% ($634.7 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
  • 49Total employees (full-time equivalent)
  • $167,038Total assets
  • $34,400Cash and due from depository institutions
  • $31,809Interest-bearing balances
  • $23,098Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $99,030Net loans & leases
  • $1,078Loan loss allowance
  • $0Trading account assets
  • $7,859Bank premises and fixed assets
  • $625Other real estate owned
  • $0Goodwill and other intangibles
  • $167,038Life insurance assets
  • $2,026All other assets
  • $151,252Total liabilities and capital
  • $148,408Total liabilities
  • $107,669Total deposits
  • $148,408Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $844Subordinated debt
  • $15,786All other liabilities
  • $15,786Total equity capital
  • $15,786Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $10,100Surplus
  • $5,286Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,277Income earned, not collected on loans
  • $0Earning assets
  • $690Long-term assets (5+ years)
  • $153,937Average Assets, year-to-date
  • $20,088Average Assets, quarterly
  • $165,263Volatile liabilities
  • $158,863Insider loans
  • $98,088FHLB advances
  • $158,872Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,584Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,694Restructured Loans and leases
  • $351Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,852Total interest income
  • $1,489Total interest expense
  • $6,363Net interest income
  • $950Provision for loan and lease losses
  • $906Total noninterest income
  • $0Fiduciary activities
  • $623Service charges on deposit accounts
  • $0Trading account gains & fees
  • $283Additional noninterest income
  • $6,202Total noninterest expense
  • $3,103Salaries and employee benefits
  • $862Premises and equipment expense
  • $2,237Additional noninterest expense
  • $117Pre-tax net operating income
  • $677Securities gains (losses)
  • $5Applicable income taxes
  • $789Income before extraordinary items
  • $0Extraordinary gains - net
  • $789Net income attributable to bank
  • $0Net charge-offs
  • $789Cash dividends
  • $1,154Sale, conversion, retirement of capital stock, net
  • $256Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.17%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 4.19%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 4.09%Noninterest expense to earning assets
  • 0.07%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 5.05%Return on equity (ROE)
  • 3.41%Retained earnings to average equity (YTD only)
  • 1.13%Net charge-offs to loans
  • 82.32%Credit loss provision to net charge-offs
  • 0.92%Efficiency ratio
  • 85,321Assets per employee
  • 3.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.45%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 20.43%Noncurrent assets plus other real estate owned to assets
  • 3.53%Noncurrent loans to loans
  • 5.27%Net loans and leases to deposits
  • 66.73%Net loans and leases to core deposits
  • 71.05%Equity capital to assets
  • 9.45%Core capital (leverage) ratio
  • 9.81%Tier 1 risk-based capital ratio
  • 15.89%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $165,263Average earning assets
  • $15,638Average equity
  • $151,788Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01423The Geo. D. Warthen Bank216 North Harris Street, Sandersville, GA 31082January 01, 1871Full Service Brick and Mortar
    1191742Limited Service Facility603 South Harris Street, Sandersville, GA 31082June 18, 1979Limited Service Facility

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