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

This bank is inactive as of April 29, 1994

  • The Gordon Bank in Gordon, Georgia (GA)
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The Gordon Bank - Overview

  • General
  • FDIC Certificate #: 16465
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: The Gordon Bank (#33904)
    Federal Reserve ID: 219138
    Date Established: August 01, 1946
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 10629
    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: August 01, 1946
    Last Structure Change Effective Date: April 29, 1994
    Last Structure Change Process Date: June 09, 1994
    Last Data Update: June 09, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 216 North Railroad Street, Gordon, GA 31031
    County: Wilkinson
    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
  • Financial Summary
  • Total assets: $30.2 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)
  • $13Total assets
  • $28,420Cash and due from depository institutions
  • $625Interest-bearing balances
  • $95Securities
  • $6,523Federal funds sold & reverse repurchase agreements
  • $1,340Net loans & leases
  • $19,187Loan loss allowance
  • $250Trading account assets
  • $0Bank premises and fixed assets
  • $391Other real estate owned
  • $0Goodwill and other intangibles
  • $354Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $28,420Total liabilities
  • $26,333Total deposits
  • $26,144Interest-bearing deposits
  • $21,005Deposits held in domestic offices
  • 26144.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $189Total equity capital
  • $189Total bank equity capital
  • $2,087Perpetual preferred stock
  • $0Common stock
  • $280Surplus
  • $1,320Undivided profits
  • Memoranda
  • $487Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $83Income earned, not collected on loans
  • $1Earning assets
  • $27,145Long-term assets (5+ years)
  • $2,662Average Assets, year-to-date
  • $28,557Average Assets, quarterly
  • $28,790Volatile liabilities
  • $3,955Insider loans
  • $634FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,087Total risk weighted assets
  • $16,495Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,342Total interest expense
  • $782Net interest income
  • $1,560Provision for loan and lease losses
  • $66Total noninterest income
  • $253Fiduciary activities
  • $0Service charges on deposit accounts
  • $191Trading account gains & fees
  • $0Additional noninterest income
  • $62Total noninterest expense
  • $1,069Salaries and employee benefits
  • $540Premises and equipment expense
  • $129Additional noninterest expense
  • $400Pre-tax net operating income
  • $678Securities gains (losses)
  • -$25Applicable income taxes
  • $185Income before extraordinary items
  • $468Extraordinary gains - net
  • $0Net income attributable to bank
  • $468Net charge-offs
  • $48Cash dividends
  • $562Sale, 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
  • 8.81%Cost of funding earning assets
  • 2.94%Net interest margin
  • 5.87%Noninterest income to earning assets
  • 0.95%Noninterest expense to earning assets
  • 4.02%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 2.29%Return on equity (ROE)
  • 21.07%Retained earnings to average equity (YTD only)
  • -4.23%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 137.50%Efficiency ratio
  • 58,963Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 120.09%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 301.20%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 73.39%Net loans and leases to core deposits
  • 86.47%Equity capital to assets
  • 7.34%Core capital (leverage) ratio
  • 7.24%Tier 1 risk-based capital ratio
  • 12.65%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $28,557Average earning assets
  • $2,221Average equity
  • $26,578Average loans

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