The First Bank Of Brunswick
Brunswick, GA — Domestic Branch of a Domestic Bank
Acquired Mar 2006
Vitals
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Total Assets333.7M 134.2 %
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Total Deposits251.4M 155.7 %
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Total Net Loans230.4M 117.4 %
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Net Income1.8M 8.1 %
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Book Value46.1M 76.3 %
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Book Value x292.2M 76.3 %
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Book Value x3138.3M 76.3 %
Balance Sheet Highlights
Financial Highlights | The First Bank Of Brunswick | All Insured Commercial Banks in Georgia |
Balance Sheet $(000) | ||
Total Assets | 333,736 | 185,759 |
Total Net Loans | 230,351 | 137,560 |
Total Deposits | 251,405 | 154,387 |
Total Equity | 46,108 | 17,752 |
Profitability | ||
Net Income | 1,781 | 11,253 |
Return on Average Assets | 1.092 | 1.405 |
Return on Average Equity | 3.863 | 14.35 |
Net Interest Margin | 4.839 | 4.561 |
Efficiency Ratio | 62.083 | 62.186 |
Noninterest Income/Revenue | 11.219 | 11.405 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 91.626 | 84.834 |
Securities/Assets | .065 | .213 |
Total Equity/Total Assets | .138 | .096 |
Tangible Equity/Tangible Assets | .07 | -.929 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 23,429 | 17,144 |
Tier 2 Capital | 3,288 | 1,758 |
Total Capital | 26,717 | 18,847 |
Total Risk Weighted Assets | 259,143 | 144,350 |
Leverage Ratio | 16.69 | 10.263 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.04 | 13.733 |
Total Capital Ratio | 10.31 | 14.902 |
Timeline for The First Bank Of Brunswick
Ameris Bank
The First Bank Of Brunswick was acquired by Ameris Bank 18 years
View Profile Mar 04 2006First National Bank
Acquisition: The First Bank Of Brunswick acquired a new subsidiary, First National Bank, 18 years
View Profile Dec 17 2005Ameris Bancorp
Ameris Bancorp became a new parent organization for The First Bank Of Brunswick.
View Profile Jul 23 2001The First Bank Of Brunswick
The First Bank Of Brunswick was established 33 years ago and is currently headquartered in Brunswick, GA.
Jul 02 1990Golden Isles Financial Holdings, Inc.
Golden Isles Financial Holdings, Inc. became a new parent organization for The First Bank Of Brunswick.
View Profile Jul 02 1990Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Ameris Bank | Buyer | 6,487,996 | Pooling of Interests | Discontinued | 3/4/2006 |
First National Bank | Seller | 171,800 | Acquisition | Discontinued | 12/17/2005 |
Relationships | Role | Relationship Start | Relationship End |
Ameris Bancorp | Parent | 7/23/2001 | 3/3/2006 |
Golden Isles Financial Holdings, Inc. | Parent | 7/2/1990 | 7/22/2001 |
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