The Peoples Bank of Forsyth County in Cumming, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 24, 1996

  • The Peoples Bank of Forsyth County in Cumming, Georgia (GA)
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The Peoples Bank of Forsyth County - Overview

  • General
  • FDIC Certificate #: 25283
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 532136
    Date Established: July 23, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 17486
    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: July 23, 1984
    Last Structure Change Effective Date: May 24, 1996
    Last Structure Change Process Date: July 23, 1996
    Last Data Update: July 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 515 Atlanta Highway, Cumming, GA 30130
    County: Forsyth
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $156.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $73Total assets
  • $150,845Cash and due from depository institutions
  • $2,380Interest-bearing balances
  • $495Securities
  • $32,526Federal funds sold & reverse repurchase agreements
  • $3,650Net loans & leases
  • $106,307Loan loss allowance
  • $1,379Trading account assets
  • $0Bank premises and fixed assets
  • $4,109Other real estate owned
  • $54Goodwill and other intangibles
  • $1,819Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $150,845Total liabilities
  • $138,163Total deposits
  • $137,098Interest-bearing deposits
  • $105,311Deposits held in domestic offices
  • 137098.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $353Subordinated debt
  • $0All other liabilities
  • $712Total equity capital
  • $712Total bank equity capital
  • $12,682Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $6,200Undivided profits
  • Memoranda
  • $4,982Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $92Income earned, not collected on loans
  • $933Earning assets
  • $142,978Long-term assets (5+ years)
  • $21,271Average Assets, year-to-date
  • $139,505Average Assets, quarterly
  • $151,718Volatile liabilities
  • $23,198Insider loans
  • $3,251FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $28,896Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,584Total risk weighted assets
  • $116,280Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,456Total interest expense
  • $4,751Net interest income
  • $7,705Provision for loan and lease losses
  • $338Total noninterest income
  • $1,352Fiduciary activities
  • $0Service charges on deposit accounts
  • $793Trading account gains & fees
  • $0Additional noninterest income
  • $559Total noninterest expense
  • $5,469Salaries and employee benefits
  • $2,811Premises and equipment expense
  • $699Additional noninterest expense
  • $1,959Pre-tax net operating income
  • $3,250Securities gains (losses)
  • $8Applicable income taxes
  • $1,003Income before extraordinary items
  • $2,255Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,255Net charge-offs
  • -$63Cash dividends
  • $916Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.45%Cost of funding earning assets
  • 3.60%Net interest margin
  • 5.84%Noninterest income to earning assets
  • 1.03%Noninterest expense to earning assets
  • 4.15%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 2.34%Return on equity (ROE)
  • 19.07%Retained earnings to average equity (YTD only)
  • 11.32%Net charge-offs to loans
  • -0.06%Credit loss provision to net charge-offs
  • -536.51%Efficiency ratio
  • 60,384Assets per employee
  • 2.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.62%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 1498.91%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 77.54%Net loans and leases to core deposits
  • 93.05%Equity capital to assets
  • 8.41%Core capital (leverage) ratio
  • 8.32%Tier 1 risk-based capital ratio
  • 10.82%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $139,505Average earning assets
  • $11,826Average equity
  • $131,833Average loans

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