Cherokee Bank, National Association
Canton, GA — Domestic Branch of a Domestic Bank
Acquired Feb 2014
Vitals
-
Total Assets170.5M 3.1 %
-
Total Deposits152.0M 3.1 %
-
Total Net Loans104.0M -3.0 %
-
Net Income767000.0000 295.4 %
-
Book Value11.7M -2.5 %
-
Book Value x223.3M -2.5 %
-
Book Value x335.0M -2.5 %
Balance Sheet Highlights
Financial Highlights | Cherokee Bank, National Association | All Insured Commercial Banks in Georgia |
Balance Sheet $(000) | ||
Total Assets | 170,463 | 208,305 |
Total Net Loans | 103,965 | 124,694 |
Total Deposits | 151,958 | 180,994 |
Total Equity | 11,655 | 20,362 |
Profitability | ||
Net Income | 767 | 1,426 |
Return on Average Assets | .459 | .606 |
Return on Average Equity | 6.473 | 5.506 |
Net Interest Margin | 3.85 | 3.871 |
Efficiency Ratio | 86.557 | 78.98 |
Noninterest Income/Revenue | 15.317 | 15.332 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 68.417 | 67.949 |
Securities/Assets | .159 | .185 |
Total Equity/Total Assets | .068 | .098 |
Tangible Equity/Tangible Assets | .068 | .097 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 12,556 | 20,153 |
Tier 2 Capital | 1,413 | 1,654 |
Total Capital | 13,969 | 21,876 |
Total Risk Weighted Assets | 111,924 | 136,115 |
Leverage Ratio | 7.45 | 10.058 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.22 | 15.844 |
Total Capital Ratio | 12.48 | 17.061 |
Timeline for Cherokee Bank, National Association
Hamilton State Bank
Cherokee Bank, National Association was acquired by Hamilton State Bank 10 years
View Profile Feb 18 2014Cherokee Bank, National Association
Cherokee Bank, National Association was established 24 years ago and is currently headquartered in Canton, GA.
Jul 26 1999Cherokee Banking Company
Cherokee Banking Company became a new parent organization for Cherokee Bank, National Association.
View Profile Jul 26 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Hamilton State Bank | Buyer | 1,816,229 | Acquisition | Discontinued | 2/18/2014 |
Relationships | Role | Relationship Start | Relationship End |
Cherokee Banking Company | Parent | 7/26/1999 | 2/17/2014 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The Farmers And Merchants National Bank Of Nashville
|
Nashville | IL | 170.7M |
First Texoma National Bank
|
Durant | OK | 169.7M |
Hometown Bank, National Association
|
Carthage | MO | 168.8M |
First National Bank In Fairfield
|
Fairfield | IA | 166.3M |
Atlantic National Bank
|
Brunswick | GA | 166.0M |
Douglas National Bank
|
Douglas | GA | 172.5M |
First Pioneer National Bank
|
Wray | CO | 166.9M |
The Somerville National Bank
|
Somerville | OH | 163.7M |
The First National Bank Of Northfield
|
Northfield | MN | 172.3M |
The First National Bank Of Waverly
|
Waverly | OH | 164.1M |