Vitals
  • Total Assets
    609.5M 9.4 %
  • Total Deposits
    532.4M 9.8 %
  • Total Net Loans
    496.4M 17.3 %
  • Net Income
    11.3M 2.4 %
  • Book Value
    62.2M 7.9 %
  • Book Value x2
    124.5M 7.9 %
  • Book Value x3
    186.7M 7.9 %
ROAA

1.983

ROAE

18.577

Efficiency Ratio

54.352

Net Interest Margin

5.047

Balance Sheet Highlights
Financial Highlights Morris Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 609,520 256,123
Total Net Loans 496,413 160,108
Total Deposits 532,359 221,413
Total Equity 62,230 27,434
Profitability
Net Income 11,273 2,812
Return on Average Assets 1.983 .99
Return on Average Equity 18.577 8.811
Net Interest Margin 5.047 4.031
Efficiency Ratio 54.352 72.067
Noninterest Income/Revenue 6.98 19.316
Balance Sheet Ratios
Loan-to-Deposit 93.248 70.662
Securities/Assets .093 .165
Total Equity/Total Assets .102 .107
Tangible Equity/Tangible Assets .098 .105
Capital Adequacy
Tier 1 Common Capital 60,468 26,376
Tier 1 Capital 60,468 26,452
Tier 2 Capital 6,393 1,919
Total Capital 66,861 28,453
Total Risk Weighted Assets 508,865 174,280
Leverage Ratio 10.18 10.62
Common Equity Tier 1 Capital Ratio 11.88 16.191
Tier 1 Capital Ratio 11.88 16.286
Total Capital Ratio 13.14 17.433

Timeline for Morris Bank

The Gordon Bank

Acquisition: Morris Bank acquired a new subsidiary, The Gordon Bank, 13 years

View Profile Oct 23 2010

Morris State Bancshares, Inc.

Morris State Bancshares, Inc. became a new parent organization for Morris Bank.

View Profile Jul 01 1989

Planters First Bancorp

Planters First Bancorp became a new parent organization for Morris Bank.

View Profile Mar 27 1980

Morris Bank

Morris Bank was established 69 years ago and is currently headquartered in Dublin, GA.

Nov 29 1954
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
The Gordon Bank Seller 29,259 Failure 10/23/2010
Relationships Role Relationship Start Relationship End
Morris State Bancshares, Inc. Parent 3/30/1994
Morris State Bancshares, Inc. Parent 11/23/1993 3/29/1994
Morris State Bancshares, Inc. Parent 12/31/1990 11/22/1993
Morris State Bancshares, Inc. Parent 7/1/1989 12/30/1990
Planters First Bancorp Parent 12/31/1983 6/30/1989
Planters First Bancorp Parent 3/27/1980 12/30/1983
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