Tifton Bank & Trust Company in Tifton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 15, 1995

  • Tifton Bank & Trust Company in Tifton, Georgia (GA)
  • Show street view No street view available for this location

Tifton Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 27222
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Liberty Bank (#29568)
    Federal Reserve ID: 1187850
    Date Established: April 18, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 39154
    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: April 18, 1988
    Last Structure Change Effective Date: September 15, 1995
    Last Structure Change Process Date: October 23, 1995
    Last Data Update: October 23, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Commerce Way, Tifton, GA 31794
    County: Tift
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Tifton, GA (#45700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $53.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $53,629Cash and due from depository institutions
  • $3,747Interest-bearing balances
  • $1,194Securities
  • $10,412Federal funds sold & reverse repurchase agreements
  • $2,160Net loans & leases
  • $35,461Loan loss allowance
  • $404Trading account assets
  • $0Bank premises and fixed assets
  • $1,189Other real estate owned
  • $6Goodwill and other intangibles
  • $654Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $53,629Total liabilities
  • $48,654Total deposits
  • $48,315Interest-bearing deposits
  • $42,242Deposits held in domestic offices
  • 48315.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15Subordinated debt
  • $0All other liabilities
  • $324Total equity capital
  • $324Total bank equity capital
  • $4,975Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $1,600Undivided profits
  • Memoranda
  • $1,375Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $395Income earned, not collected on loans
  • $453Earning assets
  • $49,227Long-term assets (5+ years)
  • $1,766Average Assets, year-to-date
  • $51,492Average Assets, quarterly
  • $53,302Volatile liabilities
  • $9,063Insider loans
  • $2,263FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,767Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,108Total risk weighted assets
  • $36,944Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,707Total interest expense
  • $1,606Net interest income
  • $2,101Provision for loan and lease losses
  • $61Total noninterest income
  • $378Fiduciary activities
  • $0Service charges on deposit accounts
  • $321Trading account gains & fees
  • $0Additional noninterest income
  • $57Total noninterest expense
  • $2,005Salaries and employee benefits
  • $762Premises and equipment expense
  • $274Additional noninterest expense
  • $969Pre-tax net operating income
  • $413Securities gains (losses)
  • $0Applicable income taxes
  • $139Income before extraordinary items
  • $274Extraordinary gains - net
  • $0Net income attributable to bank
  • $274Net charge-offs
  • $57Cash dividends
  • $140Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.88%Cost of funding earning assets
  • 3.41%Net interest margin
  • 4.46%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 4.26%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.53%Pretax return on assets
  • 0.80%Return on equity (ROE)
  • 5.40%Retained earnings to average equity (YTD only)
  • 2.64%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 107.02%Efficiency ratio
  • 80,879Assets per employee
  • 2.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.09%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 102.28%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 73.40%Net loans and leases to core deposits
  • 90.34%Equity capital to assets
  • 9.28%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 13.83%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $51,492Average earning assets
  • $5,069Average equity
  • $47,065Average loans

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