Wayne National Bank in Jesup, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 2001

  • Wayne National Bank in Jesup, Georgia (GA)
  • Show street view No street view available for this location

Wayne National Bank - Overview

  • General
  • FDIC Certificate #: 33147
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 1474279
    Date Established: September 26, 1990
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 15736
    FDIC's unique #: 46383
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 26, 1990
    Last Structure Change Effective Date: May 12, 2001
    Last Structure Change Process Date: June 26, 2001
    Last Data Update: June 26, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 818 South First Street, Jesup, GA 31545
    County: Wayne
    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): Jesup, GA (#27700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $57.6 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, 2000)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $58,038Total assets
  • $1,621Cash and due from depository institutions
  • $18Interest-bearing balances
  • $7,744Securities
  • $2,210Federal funds sold & reverse repurchase agreements
  • $45,031Net loans & leases
  • $957Loan loss allowance
  • $0Trading account assets
  • $717Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $715All other assets
  • $58,038Total liabilities and capital
  • $50,272Total liabilities
  • $44,428Total deposits
  • $36,109Interest-bearing deposits
  • $44,428Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $844All other liabilities
  • $7,766Total equity capital
  • $7,766Total bank equity capital
  • $7,766Perpetual preferred stock
  • $0Common stock
  • $1,650Surplus
  • $1,650Undivided profits
  • Memoranda
  • $4,466Noncurrent loans and leases
  • $4,236Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $197Earning assets
  • $0Long-term assets (5+ years)
  • $474Average Assets, year-to-date
  • $55,003Average Assets, quarterly
  • $16,403Volatile liabilities
  • $55,642Insider loans
  • $57,956FHLB advances
  • $11,597Loans and leases held for sale
  • $1,016Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,236Total unused commitments
  • $0Restructured Loans and leases
  • $589Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $5,291Total interest income
  • $2,016Total interest expense
  • $3,275Net interest income
  • $513Provision for loan and lease losses
  • $648Total noninterest income
  • $0Fiduciary activities
  • $474Service charges on deposit accounts
  • $0Trading account gains & fees
  • $174Additional noninterest income
  • $2,204Total noninterest expense
  • $1,220Salaries and employee benefits
  • $209Premises and equipment expense
  • $775Additional noninterest expense
  • $1,206Pre-tax net operating income
  • $0Securities gains (losses)
  • $320Applicable income taxes
  • $886Income before extraordinary items
  • $0Extraordinary gains - net
  • $886Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $68Sale, conversion, retirement of capital stock, net
  • $248Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.18%Yield on earning assets
  • 3.88%Cost of funding earning assets
  • 6.30%Net interest margin
  • 1.25%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 2.17%Pretax return on assets
  • 12.26%Return on equity (ROE)
  • 8.83%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 754.41%Credit loss provision to net charge-offs
  • 25.28%Efficiency ratio
  • 56,181Assets per employee
  • 2.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.99%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 485.79%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 101.36%Net loans and leases to core deposits
  • 119.03%Equity capital to assets
  • 13.38%Core capital (leverage) ratio
  • 12.85%Tier 1 risk-based capital ratio
  • 16.32%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $55,642Average earning assets
  • $7,227Average equity
  • $51,995Average loans

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