United Security Bank
Sparta, GA — Non-member Bank
Acquired Nov 2009
Vitals
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Total Assets153.6M -2.1 %
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Total Deposits149.6M 14.3 %
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Total Net Loans107.1M -17.3 %
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Net Income
-
Book Value2.0M -80.6 %
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Book Value x24.0M -80.6 %
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Book Value x36.0M -80.6 %
Balance Sheet Highlights
| Financial Highlights | United Security Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 153,639 | 236,198 |
| Total Net Loans | 107,067 | 166,450 |
| Total Deposits | 149,616 | 198,670 |
| Total Equity | 1,990 | 20,067 |
| Profitability | ||
| Net Income | — | 1,181 |
| Return on Average Assets | — | .758 |
| Return on Average Equity | — | 6.962 |
| Net Interest Margin | 1.879 | 3.188 |
| Efficiency Ratio | 244.499 | 102.285 |
| Noninterest Income/Revenue | 5.332 | 59.539 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 71.561 | 80.537 |
| Securities/Assets | .139 | .177 |
| Total Equity/Total Assets | .013 | .085 |
| Tangible Equity/Tangible Assets | .013 | -1.105 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 2,410 | 18,745 |
| Tier 2 Capital | 1,396 | 2,266 |
| Total Capital | 3,806 | 21,026 |
| Total Risk Weighted Assets | 110,806 | 176,776 |
| Leverage Ratio | 1.56 | 9.15 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.17 | 12.548 |
| Total Capital Ratio | 3.43 | 13.784 |
Timeline for United Security Bank
United Security Bancshares, Inc.
United Security Bancshares, Inc. became a new parent organization for United Security Bank.
View Profile Mar 30 1984
United Security Bank
United Security Bank was established 91 years ago and is currently headquartered in Sparta, GA.
Sep 12 1932| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Ameris Bank | Buyer | 6,487,996 | Failure | 11/7/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| United Security Bancshares, Inc. | Parent | 12/31/2002 | 11/6/2009 |
| United Security Bancshares, Inc. | Parent | 3/30/1984 | 12/30/2002 |
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