United Community Bank Rabun County in Clayton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2002

  • United Community Bank Rabun County in Clayton, Georgia (GA)
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United Community Bank Rabun County - Overview

  • General
  • FDIC Certificate #: 32837
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank (#16889)
    Federal Reserve ID: 1439308
    Date Established: March 05, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 14633
    FDIC's unique #: 45749
    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: March 05, 1990
    Last Structure Change Effective Date: December 01, 2002
    Last Structure Change Process Date: January 15, 2003
    Last Data Update: January 15, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 441 South, Clayton, GA 30525
    County: Rabun
    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: $141.2 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, 2001)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $143,744Total assets
  • $10,055Cash and due from depository institutions
  • $1,011Interest-bearing balances
  • $14,505Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $112,539Net loans & leases
  • $1,887Loan loss allowance
  • $0Trading account assets
  • $1,451Bank premises and fixed assets
  • $1Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,193All other assets
  • $143,744Total liabilities and capital
  • $131,777Total liabilities
  • $101,326Total deposits
  • $92,107Interest-bearing deposits
  • $101,326Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $12,547Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $17,333Other borrowed funds
  • $0Subordinated debt
  • $571All other liabilities
  • $11,967Total equity capital
  • $11,967Total bank equity capital
  • $11,967Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $7,500Undivided profits
  • Memoranda
  • $3,667Noncurrent loans and leases
  • $10,775Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $262Earning assets
  • $0Long-term assets (5+ years)
  • $1,643Average Assets, year-to-date
  • $128,055Average Assets, quarterly
  • $15,920Volatile liabilities
  • $147,456Insider loans
  • $143,004FHLB advances
  • $50,479Loans and leases held for sale
  • $1,275Unused loan commitments
  • $17,333Tier 1 (core) risk-based capital
  • $2,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,775Total unused commitments
  • $0Restructured Loans and leases
  • $1,271Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $12,729Total interest income
  • $6,490Total interest expense
  • $6,239Net interest income
  • $760Provision for loan and lease losses
  • $809Total noninterest income
  • $0Fiduciary activities
  • $388Service charges on deposit accounts
  • $0Trading account gains & fees
  • $421Additional noninterest income
  • $3,914Total noninterest expense
  • $1,719Salaries and employee benefits
  • $280Premises and equipment expense
  • $1,915Additional noninterest expense
  • $2,374Pre-tax net operating income
  • $0Securities gains (losses)
  • $779Applicable income taxes
  • $1,595Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,595Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $374Sale, conversion, retirement of capital stock, net
  • $730Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.59%Yield on earning assets
  • 4.89%Cost of funding earning assets
  • 4.70%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.95%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.61%Pretax return on assets
  • 13.68%Return on equity (ROE)
  • 7.42%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 203.21%Credit loss provision to net charge-offs
  • 8.38%Efficiency ratio
  • 55,533Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.77%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 720.23%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 111.07%Net loans and leases to core deposits
  • 157.63%Equity capital to assets
  • 8.33%Core capital (leverage) ratio
  • 8.23%Tier 1 risk-based capital ratio
  • 11.68%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $147,456Average earning assets
  • $11,661Average equity
  • $132,695Average loans

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