Wilcox County State Bank in Abbeville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Wilcox County State Bank - Overview

  • General
  • FDIC Certificate #: 17126
    Status: Active
    Federal Reserve ID: 424633
    Date Established: July 15, 1952
    WWW: http://www.wilcoxcountystatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15863
    FDIC's unique #: 11169
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 15, 1952
    Last Structure Change Effective Date: June 14, 2007
    Last Structure Change Process Date: June 14, 2007
    Last Data Update: June 14, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: Depot Street And U.S. Highway 280, Abbeville, GA 31001
    County: Wilcox
    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
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $80.6 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $73.4 mil
    Return on assets (ROA): 0.68% ($0.6 mil)
    Quarterly return on assets: 0.61% ($0.5 mil)
    Return on Equity (ROE): 7.99% ($0.6 mil)
    Quarterly return on equity: 7.23% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.03% ($830.0 mil)
    Quarterly Pretax return on assets: 0.97% ($781.6 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
  • 19Total employees (full-time equivalent)
  • $80,578Total assets
  • $7,460Cash and due from depository institutions
  • $2,232Interest-bearing balances
  • $12,050Securities
  • $8,520Federal funds sold & reverse repurchase agreements
  • $49,170Net loans & leases
  • $1,052Loan loss allowance
  • $0Trading account assets
  • $1,248Bank premises and fixed assets
  • $1,358Other real estate owned
  • $0Goodwill and other intangibles
  • $80,578Life insurance assets
  • $772All other assets
  • $73,790Total liabilities and capital
  • $73,420Total liabilities
  • $63,471Total deposits
  • $73,420Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $370Subordinated debt
  • $6,788All other liabilities
  • $6,788Total equity capital
  • $6,788Total bank equity capital
  • $0Perpetual preferred stock
  • $208Common stock
  • $1,855Surplus
  • $4,725Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $309Income earned, not collected on loans
  • $0Earning assets
  • $508Long-term assets (5+ years)
  • $71,972Average Assets, year-to-date
  • $12,875Average Assets, quarterly
  • $74,810Volatile liabilities
  • $79,053Insider loans
  • $46,562FHLB advances
  • $77,642Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,751Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,051Restructured Loans and leases
  • $892Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,501Total interest income
  • $796Total interest expense
  • $2,705Net interest income
  • $0Provision for loan and lease losses
  • $457Total noninterest income
  • $0Fiduciary activities
  • $323Service charges on deposit accounts
  • $0Trading account gains & fees
  • $134Additional noninterest income
  • $2,451Total noninterest expense
  • $1,349Salaries and employee benefits
  • $249Premises and equipment expense
  • $853Additional noninterest expense
  • $711Pre-tax net operating income
  • $59Securities gains (losses)
  • $263Applicable income taxes
  • $507Income before extraordinary items
  • $0Extraordinary gains - net
  • $507Net income attributable to bank
  • $0Net charge-offs
  • $507Cash dividends
  • $502Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.11%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 7.99%Return on equity (ROE)
  • 6.73%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1.42%Efficiency ratio
  • 77,514Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.78%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 340.45%Noncurrent assets plus other real estate owned to assets
  • 2.07%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 66.97%Net loans and leases to core deposits
  • 71.97%Equity capital to assets
  • 8.42%Core capital (leverage) ratio
  • 8.70%Tier 1 risk-based capital ratio
  • 14.50%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $74,810Average earning assets
  • $6,342Average equity
  • $68,528Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011169Wilcox County State BankDepot Street And U.S. Highway 280, Abbeville, GA 31001July 15, 1952Full Service Brick and Mortar
    1240613Rochelle BranchSecond Avenue And Mill Street, Rochelle, GA 31079June 15, 1976Full Service Brick and Mortar
    2508874Ocilla Branch413 N. Irwin Avenue, Ocilla, GA 31774April 05, 2010Full Service Brick and Mortar

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