Vidalia Federal Savings Bank in Vidalia, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Vidalia Federal Savings Bank in Vidalia, Georgia (GA)
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Vidalia Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29772
    Status: Active
    Federal Reserve ID: 126375
    Date Established: September 01, 1936
    WWW: http://www.vidfedonline.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 4067
    FDIC's unique #: 42606
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: October 02, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Jackson Street, Vidalia, GA 30474
    County: Toombs
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Vidalia, GA (#47080)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $216.7 mil
    Equity capital: $26.3 mil
    Deposits held in domestic offices: $190.4 mil
    Return on assets (ROA): 0.46% ($1.0 mil)
    Quarterly return on assets: 0.43% ($0.9 mil)
    Return on Equity (ROE): 3.82% ($1.0 mil)
    Quarterly return on equity: 3.57% ($0.9 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.69% ($1,495.3 mil)
    Quarterly Pretax return on assets: 0.65% ($1,408.6 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, 2011)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $216,707Total assets
  • $45,550Cash and due from depository institutions
  • $39,070Interest-bearing balances
  • $77,084Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $89,737Net loans & leases
  • $451Loan loss allowance
  • $0Trading account assets
  • $1,543Bank premises and fixed assets
  • $499Other real estate owned
  • $0Goodwill and other intangibles
  • $216,707Life insurance assets
  • $2,294All other assets
  • $190,453Total liabilities and capital
  • $190,414Total liabilities
  • $185,324Total deposits
  • $190,414Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $39Subordinated debt
  • $26,254All other liabilities
  • $26,254Total equity capital
  • $26,254Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $26,254Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,890Income earned, not collected on loans
  • $0Earning assets
  • $1,109Long-term assets (5+ years)
  • $205,891Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $215,523Volatile liabilities
  • $216,204Insider loans
  • $81,300FHLB advances
  • $216,707Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,254Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,402Restructured Loans and leases
  • $836Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,955Total interest income
  • $3,888Total interest expense
  • $5,067Net interest income
  • $175Provision for loan and lease losses
  • $458Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $458Additional noninterest income
  • $3,861Total noninterest expense
  • $2,252Salaries and employee benefits
  • $552Premises and equipment expense
  • $1,057Additional noninterest expense
  • $1,489Pre-tax net operating income
  • $0Securities gains (losses)
  • $506Applicable income taxes
  • $983Income before extraordinary items
  • $0Extraordinary gains - net
  • $983Net income attributable to bank
  • $0Net charge-offs
  • $983Cash dividends
  • $175Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.39%Yield on earning assets
  • 1.91%Cost of funding earning assets
  • 2.48%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 1.89%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 3.82%Return on equity (ROE)
  • 3.82%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 9.51%Efficiency ratio
  • 69,882Assets per employee
  • 6.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 23.86%Noncurrent assets plus other real estate owned to assets
  • 1.10%Noncurrent loans to loans
  • 2.10%Net loans and leases to deposits
  • 47.13%Net loans and leases to core deposits
  • 54.85%Equity capital to assets
  • 12.11%Core capital (leverage) ratio
  • 12.11%Tier 1 risk-based capital ratio
  • 32.29%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $215,523Average earning assets
  • $25,762Average equity
  • $204,036Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042606Vidalia Federal Savings Bank300 Jackson Street, Vidalia, GA 30474September 01, 1936Full Service Brick and Mortar
    100277081Lyons Branch209 W. Liberty St, Lyons, GA 30436September 01, 1936Full Service Brick and Mortar

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