Firstbank Financial Services
Mcdonough, GA — Non-member Bank
Acquired Feb 2009
Vitals
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Total Assets317.2M -8.1 %
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Total Deposits279.3M 0.5 %
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Total Net Loans199.2M -20.2 %
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Net Income
-
Book Value8.2M -73.3 %
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Book Value x216.3M -73.3 %
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Book Value x324.5M -73.3 %
Balance Sheet Highlights
| Financial Highlights | Firstbank Financial Services | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 317,237 | 230,112 |
| Total Net Loans | 199,209 | 170,121 |
| Total Deposits | 279,308 | 191,677 |
| Total Equity | 8,169 | 20,915 |
| Profitability | ||
| Net Income | — | 8,994 |
| Return on Average Assets | — | .918 |
| Return on Average Equity | — | 8.392 |
| Net Interest Margin | 1.261 | 3.451 |
| Efficiency Ratio | 174.9 | 92.806 |
| Noninterest Income/Revenue | 2.488 | 51.932 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 71.322 | 85.577 |
| Securities/Assets | .147 | .189 |
| Total Equity/Total Assets | .026 | .091 |
| Tangible Equity/Tangible Assets | .026 | -.914 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 7,940 | 19,808 |
| Tier 2 Capital | 3,375 | 2,459 |
| Total Capital | 11,315 | 22,155 |
| Total Risk Weighted Assets | 253,648 | 181,303 |
| Leverage Ratio | 2.31 | 9.671 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 3.13 | 12.726 |
| Total Capital Ratio | 4.46 | 13.958 |
Timeline for Firstbank Financial Services
Regions Bank
Firstbank Financial Services was acquired by Regions Bank 15 years
View Profile Feb 07 2009
Firstbank Financial Services, Inc.
Firstbank Financial Services, Inc. became a new parent organization for Firstbank Financial Services.
View Profile Feb 01 2005
Firstbank Financial Services
Firstbank Financial Services was established 22 years ago and is currently headquartered in Mcdonough, GA.
Jan 28 2002| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Regions Bank | Buyer | 124,196,151 | Failure | 2/7/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| Firstbank Financial Services, Inc. | Parent | 2/1/2005 | 2/6/2009 |
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