Southern Heritage Bank
Flowery Branch, GA — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Vitals
-
Total Assets117.7M 0.0 %
-
Total Deposits102.1M 1.2 %
-
Total Net Loans98.9M 12.9 %
-
Net Income652000.0000 64.2 %
-
Book Value13.2M 5.1 %
-
Book Value x226.3M 5.1 %
-
Book Value x339.5M 5.1 %
Balance Sheet Highlights
| Financial Highlights | Southern Heritage Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 117,746 | 156,558 |
| Total Net Loans | 98,867 | 116,317 |
| Total Deposits | 102,123 | 127,528 |
| Total Equity | 13,169 | 14,824 |
| Profitability | ||
| Net Income | 652 | 4,333 |
| Return on Average Assets | 1.103 | 1.308 |
| Return on Average Equity | 10.121 | 13.595 |
| Net Interest Margin | 4.274 | 4.329 |
| Efficiency Ratio | 59.873 | 64.229 |
| Noninterest Income/Revenue | 10.549 | 13.757 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 96.812 | 84.79 |
| Securities/Assets | .03 | .24 |
| Total Equity/Total Assets | .112 | .095 |
| Tangible Equity/Tangible Assets | .112 | -.249 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 13,181 | 14,450 |
| Tier 2 Capital | 1,114 | 1,504 |
| Total Capital | 14,295 | 15,912 |
| Total Risk Weighted Assets | 100,296 | 120,402 |
| Leverage Ratio | 11.06 | 9.93 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 13.14 | 13.471 |
| Total Capital Ratio | 14.25 | 14.66 |
Timeline for Southern Heritage Bank
Gainesville Bank & Trust
Southern Heritage Bank was acquired by Gainesville Bank & Trust 19 years
View Profile Aug 02 2004
Southern Heritage Bank
Southern Heritage Bank was established 25 years ago and is currently headquartered in Flowery Branch, GA.
Jan 04 1999
Southern Heritage Bancorp, Inc.
Southern Heritage Bancorp, Inc. became a new parent organization for Southern Heritage Bank.
View Profile Jan 04 1999| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Gainesville Bank & Trust | Buyer | 689,543 | Acquisition | Discontinued | 8/2/2004 |
| Relationships | Role | Relationship Start | Relationship End |
| Southern Heritage Bancorp, Inc. | Parent | 1/4/1999 | 8/1/2004 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Bcbank, Inc.
|
Philippi | WV | 117.6M |
|
Century Bank Of Kentucky, Inc.
|
Lawrenceburg | KY | 118.1M |
|
The Farmers Bank
|
Nicholasville | KY | 118.4M |
|
Brickyard Bank
|
Lincolnwood | IL | 116.7M |
|
State Savings Bank, Frankfort, Mich.
|
Frankfort | MI | 118.8M |
|
Citizens Bank & Trust Company
|
Covington | LA | 119.1M |
|
Federation Bank
|
Washington | IA | 116.2M |
|
Southwind Bank
|
Natoma | KS | 116.2M |
|
Bank Of Gleason
|
Gleason | TN | 120.0M |
|
Acb Bank
|
Cherokee | OK | 115.4M |