The First State Bank
Stockbridge, GA — Non-member Bank
Acquired Jan 2012
Vitals
-
Total Assets516.8M -8.3 %
-
Total Deposits509.1M -6.5 %
-
Total Net Loans331.3M -10.3 %
-
Net Income-11665000.0000 -89.3 %
-
Book Value4.9M -67.6 %
-
Book Value x29.8M -67.6 %
-
Book Value x314.7M -67.6 %
Balance Sheet Highlights
| Financial Highlights | The First State Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 516,760 | 200,829 |
| Total Net Loans | 331,340 | 122,730 |
| Total Deposits | 509,065 | 174,340 |
| Total Equity | 4,899 | 17,873 |
| Profitability | ||
| Net Income | -11,665 | -385 |
| Return on Average Assets | -2.06 | -.18 |
| Return on Average Equity | -102.508 | -5.591 |
| Net Interest Margin | 2.043 | 3.778 |
| Efficiency Ratio | 130.422 | 86.295 |
| Noninterest Income/Revenue | 5.085 | 11.412 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 65.088 | 68.72 |
| Securities/Assets | .117 | .168 |
| Total Equity/Total Assets | .009 | .089 |
| Tangible Equity/Tangible Assets | .009 | .088 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 3,356 | 16,449 |
| Tier 2 Capital | 3,356 | 1,649 |
| Total Capital | 6,712 | 18,113 |
| Total Risk Weighted Assets | 445,427 | 133,269 |
| Leverage Ratio | .6 | 9.046 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .75 | 14.074 |
| Total Capital Ratio | 1.51 | 15.321 |
Timeline for The First State Bank
The First State Bank was acquired by 12 years
Jan 21 2012
Hamilton State Bank
The First State Bank was acquired by Hamilton State Bank 12 years
View Profile Jan 21 2012
First Metro Mortgage Company
First Metro Mortgage Company became a new subsidiary organization for The First State Bank.
View Profile Jul 01 2003
Henry County Bancshares, Inc.
Henry County Bancshares, Inc. became a new parent organization for The First State Bank.
View Profile May 02 1983
The First State Bank
The First State Bank was established 59 years ago and is currently headquartered in Stockbridge, GA.
Oct 08 1964| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Hamilton State Bank | Buyer | 1,816,229 | Failure | 1/21/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Henry County Bancshares, Inc. | Parent | 5/2/1983 | 1/20/2012 |
| First Metro Mortgage Company | Subsidary | 6/30/2007 | 1/20/2012 |
| First Metro Mortgage Company | Subsidary | 7/1/2003 | 6/29/2007 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Security Bank & Trust Company
|
Glencoe | MN | 516.5M |
|
Benchmark Bank
|
Plano | TX | 527.5M |
|
Deerwood Bank
|
Deerwood | MN | 505.3M |
|
The Simsbury Bank & Trust Company
|
Simsbury | CT | 504.8M |
|
Community Bank, North Mississippi
|
Amory | MS | 532.9M |
|
Republic Bank & Trust
|
Norman | OK | 512.8M |
|
Amerasia Bank
|
Flushing | NY | 512.8M |
|
Security State Bank
|
Pearsall | TX | 534.4M |
|
First Commercial Bank (Usa)
|
Alhambra | CA | 498.7M |
|
Providence Bank & Trust
|
South Holland | IL | 521.4M |