First Coweta Bank
Newnan, GA — Non-member Bank
Acquired Aug 2009
Vitals
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Total Assets163.8M -2.1 %
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Total Deposits154.9M 5.0 %
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Total Net Loans112.1M -19.1 %
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Net Income
-
Book Value3.3M -76.2 %
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Book Value x26.6M -76.2 %
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Book Value x39.9M -76.2 %
Balance Sheet Highlights
| Financial Highlights | First Coweta Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 163,755 | 234,676 |
| Total Net Loans | 112,143 | 166,655 |
| Total Deposits | 154,903 | 198,588 |
| Total Equity | 3,307 | 20,659 |
| Profitability | ||
| Net Income | — | 705 |
| Return on Average Assets | — | .756 |
| Return on Average Equity | — | 6.813 |
| Net Interest Margin | 1.269 | 3.141 |
| Efficiency Ratio | 337.087 | 106.774 |
| Noninterest Income/Revenue | 4.986 | 61.984 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 72.396 | 81.992 |
| Securities/Assets | .062 | .17 |
| Total Equity/Total Assets | .02 | .088 |
| Tangible Equity/Tangible Assets | .02 | -.973 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 3,332 | 19,735 |
| Tier 2 Capital | 1,693 | 2,543 |
| Total Capital | 5,025 | 22,109 |
| Total Risk Weighted Assets | 133,253 | 179,855 |
| Leverage Ratio | 2 | 9.431 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.5 | 12.777 |
| Total Capital Ratio | 3.77 | 13.998 |
Timeline for First Coweta Bank
First Coweta Bank was acquired by 14 years
Aug 22 2009
First Coweta Bank
First Coweta Bank was established 19 years ago and is currently headquartered in Newnan, GA.
Jul 12 2004| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| United Bank | Buyer | 1,246,928 | Failure | 8/22/2009 |
| Relationships | Role | Relationship Start | Relationship End |
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