Wilcox County State Bank in Abbeville, Georgia (GA)



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Wilcox County State Bank routing number info

Table of contents:
Wilcox County State Bank
GeneralFDIC 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
LocationAddress: 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 ChangesName Change
Financial SummaryTotal 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)
Total employees (full-time equivalent)19
Total assets$80,578
Cash and due from depository institutions$7,460
Interest-bearing balances$2,232
Securities$12,050
Federal funds sold & reverse repurchase agreements$8,520
Net loans & leases$49,170
Loan loss allowance $1,052
Trading account assets$0
Bank premises and fixed assets$1,248
Other real estate owned$1,358
Goodwill and other intangibles$0
All other assets$772
Life insurance assets$80,578
Total liabilities and capital$73,790
Total liabilities$73,420
Total deposits$63,471
Interest-bearing deposits$73,420
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $370
All other liabilities $6,788
Total equity capital$6,788
Total bank equity capital$6,788
Perpetual preferred stock$0
Common stock$208
Surplus$1,855
Undivided profits $4,725
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $309
Earning assets $0
Long-term assets (5+ years) $508
Average Assets, year-to-date $71,972
Average Assets, quarterly $12,875
Volatile liabilities $74,810
Insider loans $79,053
FHLB advances $46,562
Loans and leases held for sale $77,642
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,751
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,051
Derivatives$892
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,501
Total interest expense $796
Net interest income $2,705
Provision for loan and lease losses $0
Total noninterest income $457
Fiduciary activities $0
Service charges on deposit accounts $323
Trading account gains & fees $0
Additional noninterest income $134
Total noninterest expense $2,451
Salaries and employee benefits $1,349
Premises and equipment expense $249
Additional noninterest expense $853
Pre-tax net operating income $711
Securities gains (losses) $59
Applicable income taxes $263
Income before extraordinary items $507
Extraordinary gains - net $0
Net income attributable to bank $507
Net charge-offs $0
Cash dividends $507
Sale, conversion, retirement of capital stock, net $502
Net operating income $80
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.11%
Cost of funding earning assets 1.16%
Net interest margin 3.95%
Noninterest income to earning assets 0.67%
Noninterest expense to earning assets 3.58%
Net operating income to assets 0.63%
Return on assets (ROA) 0.68%
Pretax return on assets 1.03%
Return on equity (ROE) 7.99%
Retained earnings to average equity (YTD only) 6.73%
Net charge-offs to loans 0.96%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio1.42%
Assets per employee$77,514
Cash dividends to net income (YTD only)4.24%
Condition Ratios (%)
Loss allowance to loans 15.78%
Loss allowance to noncurrent loans 2.09%
Noncurrent assets plus other real estate owned to assets 340.45%
Noncurrent loans to loans 2.07%
Net loans and leases to deposits0.62%
Net loans and leases to core deposits 66.97%
Equity capital to assets 71.97%
Core capital (leverage) ratio 8.42%
Tier 1 risk-based capital ratio 8.70%
Total risk-based capital ratio 14.50%
Memoranda
Average assets$16
Average earning assets$74,810
Average equity $6,342
Average loans $68,528
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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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