Valdosta Bank and Trust in Valdosta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 26, 1999

  • Valdosta Bank and Trust in Valdosta, Georgia (GA)
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Valdosta Bank and Trust - Overview

  • General
  • FDIC Certificate #: 33027
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 1464131
    Date Established: August 06, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 12370
    FDIC's unique #: 46235
    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 06, 1990
    Last Structure Change Effective Date: March 26, 1999
    Last Structure Change Process Date: May 06, 1999
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2611 North Patterson Street, Valdosta, GA 31602
    County: Lowndes
    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): Valdosta, GA (#46660)
    CBSA Metro Statistical Area: Valdosta, GA (#46660)
  • Financial Summary
  • Total assets: $76.2 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $76,197Total assets
  • $3,549Cash and due from depository institutions
  • $400Interest-bearing balances
  • $7,605Securities
  • $9,280Federal funds sold & reverse repurchase agreements
  • $52,144Net loans & leases
  • $770Loan loss allowance
  • $0Trading account assets
  • $1,817Bank premises and fixed assets
  • $131Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,671All other assets
  • $76,197Total liabilities and capital
  • $68,848Total liabilities
  • $63,051Total deposits
  • $56,939Interest-bearing deposits
  • $63,051Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $797All other liabilities
  • $7,349Total equity capital
  • $7,349Total bank equity capital
  • $7,349Perpetual preferred stock
  • $0Common stock
  • $2,762Surplus
  • $2,764Undivided profits
  • Memoranda
  • $1,823Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $104Earning assets
  • $0Long-term assets (5+ years)
  • $408Average Assets, year-to-date
  • $69,429Average Assets, quarterly
  • $25,065Volatile liabilities
  • $74,109Insider loans
  • $75,192FHLB advances
  • $11,581Loans and leases held for sale
  • $2,762Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,064Total unused commitments
  • $0Restructured Loans and leases
  • $49,840Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $5,840Total interest income
  • $3,273Total interest expense
  • $2,567Net interest income
  • $366Provision for loan and lease losses
  • $380Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $237Additional noninterest income
  • $1,922Total noninterest expense
  • $869Salaries and employee benefits
  • $328Premises and equipment expense
  • $725Additional noninterest expense
  • $659Pre-tax net operating income
  • $4Securities gains (losses)
  • $219Applicable income taxes
  • $444Income before extraordinary items
  • $0Extraordinary gains - net
  • $444Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $139Sale, conversion, retirement of capital stock, net
  • $219Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.51%Yield on earning assets
  • 4.77%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.80%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 6.13%Return on equity (ROE)
  • 3.11%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 263.31%Credit loss provision to net charge-offs
  • 7.37%Efficiency ratio
  • 65,219Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.32%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 740.38%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 82.70%Net loans and leases to core deposits
  • 101.31%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 9.77%Tier 1 risk-based capital ratio
  • 14.70%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $74,109Average earning assets
  • $7,238Average equity
  • $68,661Average loans

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