The Georgia State Bank of Rome in Rome, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 08, 1994

  • The Georgia State Bank of Rome in Rome, Georgia (GA)
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The Georgia State Bank of Rome - Overview

  • General
  • FDIC Certificate #: 22585
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: AmSouth Bank of Georgia (#33766)
    Federal Reserve ID: 718332
    Date Established: January 05, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 15753
    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: January 05, 1978
    Last Structure Change Effective Date: April 08, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: May 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Turner Mccall Blvd. & Riverbend Dr., Rome, GA 30161
    County: Floyd
    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): Rome, GA (#40660)
    CBSA Metro Statistical Area: Rome, GA (#40660)
  • Financial Summary
  • Total assets: $105.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $59Total assets
  • $103,388Cash and due from depository institutions
  • $4,731Interest-bearing balances
  • $700Securities
  • $18,734Federal funds sold & reverse repurchase agreements
  • $6,350Net loans & leases
  • $65,771Loan loss allowance
  • $1,345Trading account assets
  • $0Bank premises and fixed assets
  • $2,054Other real estate owned
  • $16Goodwill and other intangibles
  • $5,732Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $103,388Total liabilities
  • $95,430Total deposits
  • $94,511Interest-bearing deposits
  • $78,717Deposits held in domestic offices
  • 94511.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $919Total equity capital
  • $919Total bank equity capital
  • $7,958Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $6,550Undivided profits
  • Memoranda
  • $658Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $298Income earned, not collected on loans
  • $466Earning assets
  • $91,555Long-term assets (5+ years)
  • $7,745Average Assets, year-to-date
  • $99,202Average Assets, quarterly
  • $102,603Volatile liabilities
  • $11,151Insider loans
  • $4,848FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,009Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,958Total risk weighted assets
  • $74,440Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,503Total interest expense
  • $2,943Net interest income
  • $4,560Provision for loan and lease losses
  • $400Total noninterest income
  • $1,022Fiduciary activities
  • $0Service charges on deposit accounts
  • $797Trading account gains & fees
  • $0Additional noninterest income
  • $225Total noninterest expense
  • $3,893Salaries and employee benefits
  • $1,713Premises and equipment expense
  • $428Additional noninterest expense
  • $1,752Pre-tax net operating income
  • $1,289Securities gains (losses)
  • $0Applicable income taxes
  • $371Income before extraordinary items
  • $918Extraordinary gains - net
  • $0Net income attributable to bank
  • $918Net charge-offs
  • $92Cash dividends
  • $420Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.34%Cost of funding earning assets
  • 3.27%Net interest margin
  • 5.07%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 4.32%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 1.30%Return on equity (ROE)
  • 11.77%Retained earnings to average equity (YTD only)
  • 6.38%Net charge-offs to loans
  • 0.14%Credit loss provision to net charge-offs
  • 434.78%Efficiency ratio
  • 69,742Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.75%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 451.34%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 69.59%Net loans and leases to core deposits
  • 78.90%Equity capital to assets
  • 7.70%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 10.69%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $99,202Average earning assets
  • $7,801Average equity
  • $90,015Average loans

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