1981 Sixty-Second Annual Report Department of Banking and Finance State of Georgia by Commissioner DEPARTMENT OF BANKI~G AND FINANCE STATE OF GEORGIA ATLANTA SIXTY-SECOND ANNUAL REPORT YEAR ENDING DECEMBER 31, 1981 *** E. D. "JACK" DUNN Commissioner ROBERT M. MOLER Deputy Commissioner *** TABLE OF CONTENTS History of Department . Summary of Condition and Structural Changes.. Official Roster...................................................... Field Examiners...................................................... District Map......................................................... Revenues and Di sbursements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Legal Holidays....................................................... Maximum Floating Interest Rate - Real Estate Loans. Summa ry of Acti vi ti es of Banks . Bank Offices/Facilities Approved - Unopened.. Summary of Additions and Deletions - Banks and Bank Offices.. List of State-Chartered Banks, National Banks, Total Assets, Bank Offi ces/Faci 1i ti es. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Abstract of Reports of Condition - Banks....... Comparative Statement of Earnings and Expenses - Banks. Registered Bank Holding Companies and Subsidiary Banks.... International Bank Agencies, Banking Facilities and Representative Offi ces. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Summary of Activities of Credit Unions.... Summary of Additions and Deletions - Credit Unions ,. List of State-Chartered Credit Unions and Total Assets...... Abstract of Reports of Condition - Credit Unions... Abstract of Statements of Income and Expense - Credit Unions.... ..... List of State-Chartered Building and Loan Association... Report of Condition - State-Chartered Building &Loan Association .. ,. Income and Expense - State-Chartered Building &Loan Association..... Firms Licensed by Commissioner - Sale of Checks Act. Georgia Credit Union Deposit Insurance Corporation... ii iv v vi vi i viii viii 6 7 9 22 26 31 37 39 41 42 48 49 50 50 51 52 54 HISTORY OF THE DEPARTMENT 1919 1981 The Department of Banking and Finance was created by the Executive Reorganization Plan of 1972 as successor to the Department of Banking. The original De- partment of Banking was created by Act of the Legislature in 1919 con- current with the enactment of The Banking Law which deals with the in- corporation of banks and the regulation of the business of banking. Since the establishment of the Department in 1919, additional responsibilities have been assigned to the agency in the form of the Georgia Credit Union Act (1925); Trust Company ~aws of Georgia (1927); Georgia Sale of Checks Act (1965); Regulated Certifi(ated Bank Act (1966); lhe Fiduciary Investment Com- pany Act (1970); International Bank Agency Act (1972); Georgia Business Development Corporation Act (1972); and Disposition of Unclaimed Properties Act (as it pertains to financial institutions)(1972). The Executlve Reorganization Plan of 1972, in addition to changing the name of the Department, provided for the Department to be headed by a Commissioner as successor to the former Superintendent of Banks and cransferred to the Department the supervision of Staterhartered building and loan associations. All of the foregoing Acts were subject to substantial recodificatlon in the form of the Financial Institutions Code of Georgia (1974) which became effective April 1, 1975. Provisions of Title 13 of the Code of Georgia relating to Branch Banking and Bank Holding Companies were substantially amended effective July 1, 1976 to permit multi-bank holding companies under Departmental supervision. The Georgia Credit Union Deposit Insurance Corporation (GCUDIC) was established pursuant to a 1974 Act of the General Assembly under the supervision of the Department. GCUDIC insures deposits of certain state- chartered credit unions and building and loan associations. ; SUMMARY OF CONDITION AND STRUCTURAL CHANGES IN FINANCIAL INSTITUTIONS DURING 1981 The financial and statistical information contained in this report has been compiled from the annual reports of condition submitted by the 363 State-chartered banks, 63 National banks, 176 State-chartered credit unions, one State-chartered savings and loan association and 12 licensed money order companies operating in this State, and other statistical information made available through the examination, investigation and licensing of financial institutions and others under the supervision of the Department of Banking and Finance. The purpose of this report, required by Section 41A-315 of the Code of Georgia, is to provide factual and statistical information that might prove useful to the financial industry and may be used by individuals and financial institutions who might be engaged in economic studies or might otherwise be interested. BANKING DIVISION The year-end call reports reflect a continuation of sound economic growth in the banking system. Total assets for the 426 Nationa 1 and State-chartered banks amounted to $25,598,004,000, reflecting an increase of $2,331,009,000 or 10.0%. Expansion of State-chartered banks through bank offices and facilities continued with an additional 30 banking offices opened during 1981 and 20 offices closed or merged into National banks, bringing the total of such offices to 438. Ten banks were lost through mergers in 1981. During 1981 the Department approved 42 applications by bank holding companies for permission to acquire controlling interest in additional Georgia banks. Twentyfour of these app 1i cat ions were approved to estab 1ish new bank holding companies. Thirteen agencies and three representative offices of foreign banks had registered or had been authorized to establish an office in Georgia at year-end. Trust activities continue to be conducted principally by bank trust departments and there is one separately chartered trust company. Other depository financial institutions exercise limited trust powers in connection with individual retirement accounts authorized by the Employee Retirement Income Security Act of 1976 enacted by Congress. Articles of Amendment of Articles of Incorporation were approved for twelve banks to increase their outstanding capital stock. The Department approved ten Articles of ii SUMMARY OF CONDITION AND STRUCTURAL CHANGES IN FINANCIAL INSTITUTIONS DURING 1981 (Continued) BANKING DIVISION (Continued) THRIFT INSTITUTIONS DIVISION SALE OF CHECKS ACT OTHER INSTITUTIONS Amendment creating authorized but unissued shares to be issued in the future. Thirty banks were granted permission to issue authorized but unissued shares through stock dividends or sales. Amendments were approved for four banks to change the par value of their shares, for three banks to change their names and for one bank to acquire trust powers. Permission was granted for seven banks to issue subordinated securities; however, two rescissions were issued for either partial or total amounts approved. Eleven applications were approved giving consent for banks to retire subordinated securities. Credit Unions operating under State charter have experienced steady growth during 1981. Consolidated financial and stat i st i ca1 reports of the 176 State-chartered cred it unions reflect an increase in total assets of $57,897,000 or 9.4% to a total of $676,888,000. All State-chartered credit unions provide their members with deposit protection through the National Credit Union Administration or The Georgia Credit Union Deposit Insurance Corporation. Total assets of State-chartered savings and loan associations as of December 31, 1981 were $11,578,938. The deposits of the State-chartered savings and loan associations are insured by The Georgia Credit Union Deposit Insurance Corporation. At year-end The Georgia Credit Union Deposit Insurance Corporation had total resources of$2,352,486 and insured deposits of 134 cred it un ions hav i ng total insured deposits of $430,126,990. Additional resources are provided through reinsurance in the amount of $3,000,000. The Department of Bank i ng and Finance superv i ses the licensing of check sellers pursuant to the Georgia Sale of Checks Act enacted in 1965. Twelve companies with a total of 2,814 agents throughout the State were licensed to do business under the Act during 1981. The Department is charged with the responsibility of supervising the operations of Bank Data Processing Cooperatives, Fiduciary Investment Companies and Business Development Corporations. There is one business development corporation, but no fiduciary investment companies currently operating. iii OFFICIAL ROSTER E. D. DUNN Commissioner ROBERT M. MOLER, CFE Deputy Commissioner Reece V. Morris, CFE .... Deputy Commissioner for Administration John B. r-line, CFE ..... Deputy Commissioner for Bank Supervision Chief Review Examine~, Inte~ational Bank Agencies, Trust, Technical and Legal Charles W. Burge, CFE .. Deputy Commissioner for Thrift Institutions C~edit Unions, Building and Loan Associations, Check Selle~s Davi d G. Sorrell, CFE ... Training Di rector Coo~dinato~ fo~ T~aining and Educational Activities Steven D. Bridges ........... Administrative Examiner David A. Hancock .......... Administrative Examiner Ralph J. Shire ............... Administrative Examiner C. Craig Smith ....... (Thrifts) Administrative Examiner Examination Repo~t Review, Holding Companies, Relocations, Me~ge~s Applications fo~ Banks and Bank Offices, Sec~ties App~ovals, Consume~ Affai~s, Technical and Legal W. Randolph Barker....... Administrative Examiner Coo~dinato~ fo~ EDP Activities, Technical and Legal Dorothy L. Lee Accountant Ba rba ra Moore Accountant Accounting and Fiscal Jeannie Benefield ..... Administrative Assistant, Banks Examination Repo~t Review, Call Repo~ts, Statistical Report:e, Technical and Legal Vickie Busby ..... Administrative Assistant, Thrift Institutions Corpo~ate Matte~s, Examination Repo~t Review, Consume~ Affai~s, Techincal and Legal Ruby S. Tucker............ Administrative Assistant, Banks Corporate Nat.t.ere , Consumer Affai~s, Pending Applications, Technical and Legal Maggie Smith ................................... Personnel Manager Pereonne L L. Jean Ethridge .......... Confidential Secretary Appointments, Confe~ences and Semin~s, Info~ation Depa~tment Bulletin, Fo~s and Applications Susan Brown ........ Senior Secretary/Typist Renate Carroll ......... Accounting Technician Cynthia Englett .......... Senior Secretary/Typist Mar; lyn Fuller Secretary/Typist Marilou Harvey ........................ Senior Secretary/Typist Sonja Hencely ......................................... Principal Clerk Kathleen Tucker ..................... Principal Clerk iv DISTRICT NORTHWEST I NORTHEAST II CENTRAL III < EAST CENTRAL IV SOUTHWEST V SOUTHEAST VI FIELD EXAMINERS DISTRICT DIRECTOR Jackson D. Hardy SENIOR EXAMINERS William D. Atkins James E. Haley I Thomas E. Proctor Drexel Beck Larry S. Moor C. Douglas Peugh John H. Pennell, II Barry L. Rooks Robe rt H. Ca11 i er, Jr. Hubert C. Miller Robley S. Rigdon Norman E. Mi mbs Robert L. Herndon David R. Johnston James F. Mi 11s EXAMINERS James M. Brooks Jerry A. Cox Thomas E. Garreau Edward B. Heefner Wayne Orr Ned W. Ove rby Harry Brown Gary V. Green Georgia High Grace A. Mayner Larry E. Shelley Emory Stanford Robert Davis James R. Pri ce, III Larry T. Duke John E. Gavin Melinda Kinard Michael Rosser John F. Sutphin, III Billy S. Wilson ASSISTANT AND SENIOR ASSISTANT EXAMINERS Gregory S. Akins James A. Emory Vi ctor A. Greene Steve Lyle Larry J. Moody E. Nanette Ansley Gary L. Fox William L. Hiers, III Michael Killeen Jane K. King George A. Reynolds James H. Winn J. Randy Barrs James E. Burton Billie L. Reed Princess Brown Wi 11 ; e J. Cheek Glenn Edwards Ga ry F. Ford Jay T. Jones Eugene Cline Joyce A. Rowe Eddi e L. Bishop Rick McClintock Jane L. Murphy Robin L. Sanford W. Paul Westbrook " District Base THOWAS vi RECEIPTS AND DISBURSEMENTS FISCAL YEAR 1981 REVENUES COLLECTED: Bank Examination and Supervision Fees New Bank, Bank Office and Holding Company Investigation Fees Credit Union Examination and Supervision Fees Sale of Checks Investigation and License Fees Building and Loan Examination, Supervision and Investigation Fees Holding Company Examination and Supervision Fees Miscellaneous Fees and Fines Total Revenues Collected and Remitted to Fiscal Division, Department of Administrative Services $2,248,004.00 128,900.00 246,220.68 11 ,039.00 4,437.42 20,075.00 1,300.00 $2,659,976.10 DISBURSEMENTS: Personal Services Travel Expense Motor Vehicle Equipment Purchase Motor Vehicle Expense Office Rent Equipment Printing Repairs and Maintenance Supplies and Materials Computer Communications Mi see 11 an eous Total Disbursements $2,097,791.10 261,150.44 50,640.09 46,261. 20 56,838.69 6,531.11 12,073.44 6,172.95 20,390.57 8,169.76 17,515.08 42,257.57 $2,625,792.00 vii LEGAL HOLIDAYS January 1........................................ New Yea r ISOay January 19 Robert E. Lee's Birthday February 22 ........ George Washington's Birthday (Observed Third Monday in February) April 26 Confederate Memorial Day May 30.................................... Nat; ana1 r~emori a1 Day (Observed Last Monday in May) June 3 Jefferson Davis I Bi rthday July 4............................................. Independence Day (Observed First Monday in July) First Monday in September ................................... Labor Day October 12......................... Co 1umbus Day (Observed on Second Monday in October) Novent>er 11........................................................ Veterans Day Fourth Thursday in r~ovember ...... Thanksgiving Day December 25 Christmas Day (Observed Fourth Friday in December) (Provided that when any of the holidays enumerated above fallon a Sunday, the Monday next following shall be observed as a Legal Holiday; also, provided that when any of the holidays enumerated above fallon a Saturday, the Friday before shall be observed as a Legal Holiday.) MAXIMUM FLOATING INTEREST RATE ALLOWABLE ON REAL ESTATE LOANS MONTH PERCENT INTEREST JANUARY, 1981 FEBRUARY, 1981 ............................ MARCH, 1981............................... APRIL, 1981 ...................... MAY, 1981 .............................................................. JUNE, 1981............................................................ JULY, 1981 ........................... AUGUST, 1981 .......................... SEPTEMBER, 1981................. OCTOBER, 1981................ NOVEMBER, 1981 ....................... DECEMBER, 1981 ............................ 15.00 15.00 14.75 15.50 15.50 16.00 16.25 15.75 16.50 17.00 17.50 17.75 viii SUMMARY OF ACTIVITIES OF BANKS ARTICLES OF INCORPORATION FOR INTERIM BANKS APPROVED NAME OF BANK C & S of Cobb County Interim Bank LOCATION Austell APPROVED 1-05-81 ARTICLES OF INCORPORATION FOR BANKS AND TRUST COMPANIES APPROVED NAME OF BANK LOCATION APPROVED Reliance Trust Company Northeastern Interim Banking Co. Lumpkin County Bank Georgia State Interim Bank Bank of the South, Cobb County CB&T Interim Bank of Glynn County Woodstock Interim Bank Atlanta Commerce Dahlonega Mableton Marietta St. Simons Woodstock 1-05-81 10-29-81 4-20-81 7-29-81 7-16-81 7-10-81 12-10-81 ARTICLES OF INCORPORATION FOR BANKS DISAPPROVED NAME OF BANK Citizens Bank & Trust Company First Service Bank LOCATION Albany LaGrange DISAPPROVED 4-23-81 9-22-81 NAME OF BANK ARTICLES OF DISSOLUTION APPROVED LOCATION C & S of Cobb County Interim Bank Austell APPROVED 12-01-81 PERMITS ISSUED FOR BANK/TRUST COMPANY TO BEGIN BUSINESS NAME OF BANK/TRUST COMPANY Bank of the South, Clayton County Reliance Trust Company LOCATION ISSUED Forest Park 3-25-81 Atlanta 6-29-81 TO OPEN 6-01-81 7-01-81 SUMMARY OF ACTIVITIES OF BANKS - Continued APPLICATIONS FOR CONSOLIDATIONS AND/OR MERGERS APPROVED NAME OF BANK LOCATION ACTIVITY APPROVED First State Bank and Trust Company of Valdosta Valdosta and First State Interim Company Valdosta Merger First Citizens Bank and FCB Interim, Inc. Glennville Glennville Merger First State Bank &Trust Company and First State Interim Corporation Albany Albany Merger The Citizens and Southern Bank of Mi 11 edgevi11 e and C &S Interim, Inc. Mi 11 edgevi 11 e ) ) Merger Mi 11 edgevi 11 e ) Cornel ia Bank and Community Interim, Inc. Cornelia ) ) Cornelia ) Merger The Fulton National Corporation and Bank of Forest Park and Bank of the South and Bank of the South, Clayton County Atlanta ) ) Forest Park ) ) Riverdale ) ) Forest Park ) Consolidation The Fa rmers Bank and Southern Interim Company Douglas Douglas Merger The Coastal Bank and Long State Bank Hinesville ) ) Ludowici ) Merger First Bank and Trust and First Interim, Inc. Carnesville ) ) Carnesville ) Merger American Banking Company and ABC Interim, Inc. Moultrie ) ) Moultrie ) Merger Reliance Corporation of Georgia and Reliance Trust Company Atl anta ) ) Atlanta ) Merger 1-20-81 2-18-81 2-23-81 3- 10-81 3-24-81 3-25-81 3-30-81 5- 15-81 5-22-81 6- 18-81 6-29-81 2 SUMMARY OF ACTIVITIES OF BANKS - Continued APPLICATIONS FOR CONSOLIDATIONS AND/OR MERGERS APPROVED NAME OF BANK LOCATION ACTIVITY APPROVED Alma Exchange Bank & Trust Alma ) and ) Alma Exchange-Interim Bank & Trust Alma ) Merger Citizens State Bank and Citizens State-Interim Bank Kingsland ) ) Kingsland ) Merger The Citizens Bank and Citizens Interim Bank Folkston ) ) Folkston ) Merger First Citizens Bank and Interim FCB, Inc. Fayetteville ) ) Merger Griffin ) CB&T Interim Bank of Glynn County and The Coastal Bank of Georgia and Island Associates, Inc. St. Simons Island) ) St. Simons Island) Merger ) St. Simons Island) CB&T Interim Bank of Glynn County St. Simons Island) and ) Merger Coastal Bankshares, Inc. St. Simons Island) The Central Bank and CB Interim Corporation Swainsboro Swainsboro Merger Bank of Quitman and New Quitman, Inc. Quitman ) ) Quitman ) Merger Cobb Bank & Trust Company and Bank of the South, Cobb County Smyrna ) ) Ma ri etta ) Merger Lamar State Bank and LSB Interim, Inc. Barnesville Barnesville Merger The Crawford County Bank and CCB Interim, Inc. Roberta ) ) Roberta ) Merger The Bank of Zebulon and BZ Interim, Inc. Zebulon ) ) Zebulon ) Merger 7-20-81 7-20-81 8-07-81 9-09-81 9- 18-81 9-18-81 10-06-81 10-26-81 10-28-81 11- 16-81 11-16-81 1 1 - 16-81 3 SUMMARY OF ACTIVITIES OF BANKS - Continued APPLICATIONS FOR CONSOLIDATIONS AND/OR MERGERS APPROVED NAME OF BANK LOCATION ACTIVITY Capital City Bank and CCB Holdings, Inc. State Bank and Trust Co. and Bank of Pinehurst Southern Bank and SB-Interim, Inc. Hapeville ) ) Atl anta ) Unadi 11 a } ) Pinehurst ) Waycross ) ) Waycross ) Merger Merger Merger APPROVED 12-14-81 12-22-81 12-30-81 STATE BANKS IN LIQUIDATION NAME OF BANK LOCATION DATE CLOSED The Hamilton Bank and Trust Company Atlanta 10-08-76 Unpaid Claims due FDIC . Estimated Value of Remaining Unliquidated Assets . DEPOSITORY N/A $2,980,231* $2,582,401 First Augusta Bank &Trust Company Augusta Unpaid Claims due FDIC Estimated Value of Remaining Unliquidated Assets 5-20-77 . . N/A $3,452,428* $2,883,367 Peoples Banking Company Boston Unpaid Claims due FDIC Estimated Value of Remaining Unliquidated Assets 3-17-81 . . N/A $1,508,073* $1,641,796 Toney Brothers Bank Doerun Unpaid Claims due FDIC Estimated Value of Remaining Unliquidated Assets 1-05-79 . . N/A $ 197,527* $ 508,744 * Principal only; does not include accrued interest due FDIC. 4 SUMMARY OF ACTIVITIES OF BANKS - Continued BRANCH BANKS AS OF DECEMBER 31, 1981 NAME OF BANK Bank of the South, N. A. Atlanta First Georgia Bank Atlanta First National Bank of Atlanta Atlanta National Bank of Georgia Atlanta Trust Company Bank Atlanta American National Bank Brunswick Columbus Bank &Trust Company Columbus First National Bank of Columbus Col umbus . Fidelity National Bank Decatur The Citizens Bank Folkston Bank of the South, Clayton County, Forest Park The Coastal Bank Hinesville Trust Company Bank of Middle Georgia, N. A., Macon Roswell Bank, Roswell The Citizens and Southern National Bank of Savannah Savannah CHARTER COUNTY BRANCH COUNTIES Fulton Fulton Fulton Fulton Fulton Glynn Muscogee Muscogee DeKalb Charlton Clayton Liberty Bibb Fulton Chatham DeKalb DeKalb Clayton, Cobb, DeKalb, Richmond DeKalb DeKalb, Cayman Islands Wayne Chattahoochee Chattahoochee Fulton Brantley Fulton Long Houston DeKalb Bibb, Clarke, Clayton, Cobb, DeKalb, Fulton, Gwi nnett, Henry, Lowndes, Richmond SUMMARY OF ACTIVITIES OF BANKS - Continued BANK OFFICES/FACILITIES APPROVED BUT UNOPENED AS OF DECEr1BER 31, 1981 PARENT NAME LOCATION NAME OF BANK OFFICE/FAC. LOCATION Sumter County Bank and Trust Company Trust Company Bank Americus Atlanta Fannin County Bank Blue Ridge Bartow County Bank Cartersville Bank of Cumming Cumming Bank of the South, Gwinnett County Duluth Farmers and Merchants Bank Fayetteville The Citizens Bank Gainesvi11 e The Citizens and Southern LaGrange Bank of West Georgia Georgia State Bank Mableton Macon Bank and Trust Company Macon Gwinnett Bank &Trust Company Norcross Farmers Bank of Pelham Pelham The Rockmart Bank Rockmart Cobb Bank and Trust Company Smyrna Gwinnett County Bank Snellville Comme rci a1 Bank First State Bank &Trust Company The Citizens and Southern Bank of Houston County Citizens State Bank The Peoples Bank Thomasville Valdosta Warner Robins Warner Robi ns Winder Forsyth Street Office Ameri cus Gateway Fulton Industrial Office Atlanta Valley Village Facility Blue Ridge Rockmart Highway Office Cartersvi lle Tri-County Mall Office Cumming Rockbridge Office Norcross North Fayette Bank Office Fayettevi 11 e Browns Bridge Road Office Gainesville Broad and Vernon Street LaGrange Office Galleria Bank Office Atlanta Vineville Office Macon Killian Hill Office Lilburn Meigs Bank Office Meigs Motor Bank Facility Rockmart Vinings Junction Facility Smyrna Killiam Hill Office Lilburn Lawrenceville Office Lawrenceville Gateway Office Thomasville Westside Office Valdosta Russell Parkway Office North Houston Office North Broad Facility Warner Robins l~arner Robins Winder MISCELLANEOUS SUPERVISED INSTITUTIONS Business Development Corporation of Georgia... Atlanta Bank-owned Cooperative Data Centers: * BanData, Inc Atlanta First Financial Management Corp .... Atlanta Northwest Georgia Computer Services, Inc .. Calhoun Financial Data Services, Inc....... Carrollton Financial Computer Services, Inc ... Commerce Northeast Georgia Computer Services, Inc .... Elberton * Does not include departments and wholly-owned subsidiaries of major correspon- dent banks which may perform data processing services for others. 6 SUMMARY OF ACTIVITIES OF BANKS - Continued SUMMARY OF BANK AND BANK OFFICE ADDITIONS ANn DELETIONS DURING 1981 State Branches Chartered Bank Offices Banks & Facil iti es IN OPERATION JANUARY 1, 1981............................ 372 428 BANKS/TRUST COMPANIES OPENING DURING yEAR............... + 2 Bank of the South, Clayton County, Forest Park (6-1-81) Reliance Trust Company, Atlanta (7-1-81) BANK DELETED BY MERGERS, ASSUMPTIONS AND CONVERSIONS.... -10 The Citizens and Southern Bank of Cobb County, Austell (12-31-81) Peoples Banking Company, Boston (3-17-81) The Northeast Commercial Bank, Doraville (4-2-81) Bank of Forest Park, Forest Park (6-1-81) The Citizens and Southern Bank of Clayton County, Forest Park (12-31-81) Long State Bank, Ludowici (6-15-81) The Citizens and Southern Bank of Henry County, McDonough (12-31-81) The First Bank of Clayton County, Morrow (7-31-81) The Citizens and Southern Bank of Gwinnett, Norcross (12-31-81) Bank of the South, Riverdale (6-1-81) BANK OFFICES/FACILITIES OPENING DURING yEAR............. + 30 Citizens Bank of Americus, Americus Tripp Street Office, Americus (3-16-81) First Georgia Bank, Atlanta Memorial Drive Office, Stone Mountain (8-14-81) North Hills Office, Chamblee (9-1-81) Peachtree Industrial Office, Chamblee (11-9-81) Peachtree Bank and Trust Company, Chamblee Decatur Drive-In Facility, Decatur (2-26-81) Bank of Chester, Chester Eastman Facility, Eastman (10-15-81) First Bank of Conyers, Conyers Northside Office, Conyers (6-1-81) Bank of Dahlonega, Dahlonega Memorial Drive Facility, Dahlonega (12-31-81) The Farmers Bank, Douglas Westside Office, Douglas (3-9-81) Farmers & r1erchants Bank, Dub 1i n Westgate Office, Dublin (5-27-81) Bank of the South, Clayton County, Forest Park Riverdale Office, Riverdale (6-1-81) The Coastal Bank, Hinesville Long County Branch Bank, Ludowici (6-16-81) The Hinesville Bank, Hinesville Midway Office, Midway (7-10-81) Trust Company Bank of Gwinnett County, Lawrenceville Mountain Park Office, Lawrenceville (10-14-81) Peachtree Corners Office, Norcross (5-11-81) The Citizens and Southern Bank of Henry County, McDonough Stockbridge Office, Stockbridge (4-11-81) Newton County Bank, Mansfield Covington Office, Covington (11-16-81) 7 SUMMARY OF ACTIVITIES OF BANKS - Continued SUMMARY OF BANK AND BANK OFFICE ADDITIONS AND DELETIONS DURING 1981 Continued State Branches Chartered Bank Offices Banks &Facilities Commercial Bank of Cobb County, Marietta Merchants Walk Office, Marietta (2-2-81) Georgia State Bank, Martinez Grovetown Office, Grovetown (7-13-81) Gwinnett Bank &Trust Company, Norcross Stone Mountain Office, Stone Mountain (12-22-81) Rossville Bank, Rossville Bentley Place Office, Rossville (9-11-81) Atlantic Bank and Trust Company, Savannah Johnson Square Office, Savannah (12-31-81) First Bank of Savannah, Savannah Candler Hospital Office, Savannah (12-7-81) Mall/Waters Office, Savannah (9-1-81) Gwinnett County Bank, Snellville Peachtree Corners Office, Norcross (1-5-81) Sea Island Bank, Statesboro Statesboro Mall Office, Statesboro (8-3-81) The First State Bank, Stockbridge McDonough Office, McDonough (8-17-81) Commercial Bank, Thomasville Boston Office, Boston (3-19-81) Commercial Bank, Waycross Brunswick Highway Office, Waycross (5-13-81) Commercial Bank of Pike County, Zebulon Concord Office, Concord (5-4-81) BANK OFFICES/FACILITIES DISCONTINUED DURING yEAR - 20 The Citizens and Southern Bank of Cobb County, Austell Cobb Parkway Office, Marietta (12-31-81) Cumberland Office, Smyrna (12-31-81) East Cobb Office, Marietta (12-31-81) Mableton Office, Austell (12-31-81) Marietta Square Office, Marietta (12-31-81) Windy Hill Office, Marietta (12-31-81) The Citizens and Southern Bank of Clayton County, Forest Park Arrowhead Office, Jonesboro (12-31-81) Jonesboro Road Office, Forest Park (12-31-81) Riverdale Office, Riverdale (12-31-81) South Clayton Office, Jonesboro (12-31-81) The Citizens Bank, Fort Valley Southside Facility, Fort Valley (3-31-81) The Citizens and Southern Bank of Henry County, McDonough Stockbridge Office, Stockbridge (12-31-81) The First Bank of Clayton County, Morrow Astor Office, Forest Park (7-31-81) Southlake Mall Office, Morrow (7-31-81) Stagecoach Office, Conley (7-31-81) Tara Office, Jonesboro (7-31-81) The Citizens and Southern Bank of Gwinnett, Norcross Buford Office, Buford (12-31-81) Jimmy Carter Boulevard Office, Norcross (12-31-81) Lilburn Office, Lilburn (12-31-81) Rockbridge Road Office, Stone Mountain (12-31-81) IN OPERATION DECEMBER 31, 1981....................... 364 438 8 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN DATE BUSINESS NO. TOTAL OFF. ASSETS*; Abbeville Adairsville Adel Ailey Alamo Alapaha Albany Allentown Alma ~ Alpharetta Americus Arlington Ashburn Athens Atlanta Augusta Bainbridge Wilcox Dorsey State Bank 10-04-1972 10-04-1972 0 Wilcox County State Bank 4-22-1952 4-22-1952 1 Bartow *Bank of Adairsville 3-21-1899 3-24-1899 0 Cook Adel Banking Company 2-27-1929 3-01-1929 1 Farmers and Merchants Bank 12-11-1947 1-15-1948 0 Montgomery Montgomery County Bank 2-24-1926 3-01-1926 0 ~~hee 1er Wheeler County State Bank 1-15-1945 1-17-1945 0 Berrien Bank of Alapaha 3-04-1905 3-25-1905 2 Dougherty The Citizens &Southern Bank of Albany 5-06-1943 6-01-1943 6 *The First National Bank of Albany 3 First State Bank &Trust Company 3-31-1961 3-31-1961 5 Security Bank and Trust Company of Albany 4-17-1970 8-31-1970 2 Wilkinson The Four County Bank 8-18-1941 9-15-1941 0 Bacon Alma Exchange Bank &Trust 7-29-1981 7-29-1981 1 *The First National Bank of Alma 0 Fulton Fulton County Bank 2-06-1920 4-12-1920 0 Sumter Bank of Commerce 10-13-1891 1-02-1892 1 Citizens Bank of Americus 2-20-1937 3-25-1937 2 Sumter Bank and Trust Company 10-01-1973 10-28-1974 0 Calhoun Bostwick Banking Company 8-27-1935 3-01-1936 0 Turner Ashburn Bank 7-03-1900 7- -1900 0 The Citizens Bank of Ashburn 7-27-1905 10-25-1905 0 Clarke Athens Bank and Trust 3-12-1976 10-07-1976 1 First American Bank and Trust Company 9-24-1949 11-01-1949 1 *The First National Bank of Athens 3 Fulton *Bank of the South, N. A. 29 *Citizens Trust Bank 7-12-1921 8-1],-1921 2 *First Georgia Bank 12-05-1934 1-01-1935 10 *The First National Bank of Atlanta 76 *The National Bank of Georgia 22 *Trust Company Bank 9-21-1891 11-08-1891 41 Reliance Trust Company 2-11-1981 7-01-1981 0 Richmond *The First National Bank and Trust Company of Augusta 8 *Georgia Railroad Bank &Trust Company 11-15-1892 12-31-1892 16 Decatur The Citizens Bank and Trust Company 11-08-1911 12-19-1911 0 868 12,543 9,847 33,109 7,532 8,808 8,135 20,616 130,451 54,459 116,342 42,607 12,060 21 ,169 18,009 26,862 50,887 40,502 24,678 11 ,161 32,761 27,549 10,415 45,760 103,811 1,127,924 52,524 179,809 3,067,755 526,397 2,178,732 *** 115,290 460,809 40,201 * Member Federal Reserve System ** Amounts are in thousands. *** Non-Deposit Trust Company LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Bainbridge Ba 11 Ground Barnesville Ba rwi ck Baxley Blackshear B1airs vi 11 e Blakely Blue Ridge Bowdon 0 Bowman Braselton Bremen Brooklet Broxton Brunswi ck Buchanan Buena Vista Buford Butler Byron Cadwe 11 Cai ro Calhoun Decatur Cherokee Lamar Brooks Appling Pierce Union Early Fannin Ca rro 11 Elbert Jackson Haralson Bulloch Coffee Glynn Haralson Marion Gwi nnett Taylor Peach Laurens Grady Gordon *First State National Bank of Bainbridge The First Port City Bank 4-03-1974 10-07-1974 0 Citizens Bank 9-28-1926 10-01-1926 1 *The First National Bank of Barnesville 0 Lamar State Bank 4-14-1971 6-01-1972 1 Barwick Banking Company 2-16-1967 6-01-1967 0 Baxley State Bank Peoples State Bank &Trust 8-23-1917 8-25-1917 0 5-04-1966 7-01-1966 0 *The Blackshear Bank 7-07-1892 7-07-1892 0 Peoples Bank 8-01-1946 8-05-1946 0 *First National Bank of Union County (Began business in 1982) 0 Union County Bank 2-18-1949 3-01-1950 0 Bank of Early 4-03-1941 4-28-1941 0 First State Bank of Blakely 5-06-1937 5-15-1937 1 Fannin County Bank 5-29-1916 6-06-1916 0 The Commercial Bank 9-22-1926 9-22-1926 1 The American Bank 12-02-1966 1-03-1967 0 Braselton Banking Company The Citizens &Merchants Bank Commercial &Exchange Bank 12-13-1948 12-18-1948 0 6-09-1970 11-16-1970 0 1-18-1949 2-01-1949 1 Farmers &Merchants Bank 2-04-1948 2-17-1948 1 Broxton State Bank 8-04-1966 9-01-1966 0 *American National Bank of Brunswick 5 *The First National Bank of Brunswick 4 *The First National Bank of Haralson County 1 Buena Vista Loan and Savings Bank 9-22-1887 9-01-1889 0 First Commercial Bank 1-18-1946 2-11-1946 2 The Citizens State Bank 9-04-1926 9-04-1926 0 Middle Georgia Bank 10-30-1962 2-04-1963 1 Farmers State Bank 8-23-1972 8-23-1972 0 Cairo Banking Company 11-23-1903 11-23-1903 1 Citizens Bank 12-03-1903 1-01-1904 0 *First National Bank of Grady County 1 *The Calhoun First National Bank 2 Gordon County Bank 12-27-1967 1-02-1969 0 * Member Federal Reserve System ** Amounts are in thousands. TOTAL ASSETS** 41 ,011 24,659 18,763 31 ,336 20,713 2,981 40,861 13,595 15,765 21,615 N/A 33,140 18,093 23,217 32,480 30,223 6,650 2,976 7,185 19,478 19,163 11 ,323 110,975 107,151 18,514 14,398 27,189 21 ,286 18, 194 4,453 30,279 8,859 17,100 66,560 16,692 LIST OF STATE AND NATIONAL BANKS CITY Cami 11 a Canton Ca rnes vi 11 e Ca rro 11 ton Cartersville Cave Spring Cedartown Chamblee Chatsworth Chester Chickamauga Clarkesville Clarkston Claxton Cl ayton Cleveland Cobbtown Cochran Co 1quitt COUNTY Mi tchell Cherokee Franklin Carro11 Bartow Floyd Polk DeKa 1b Murray Dodge Walker Habersham DeKa 1b Evans Rabun Whi te Tattnall Bleckley Mi 11 er NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Bank of Cami 11 a 11-04-1889 1-02-1890 0 Planters &Citizens Bank 9-20-1904 5-24-1913 0 Bank of Canton 11-17-1892 12-18-1892 2 Etowah Bank 1-22-1927 1-29-1927 1 First Bank and Trust 7-18-1960 8-01-1960 1 The Carrollton State Bank 4-21-1972 8-1')1-1972 1 The Peoples Bank' 11-10-1909 12-01-1909 2 *West Georgia National Bank of Carrollton 2 Bartow County Bank 6-07-1973 3-28-1974 0 The Citizens and Southern Bank of Bartow County 12-20-1947 11-19-1948 0 *The First National Bank of Cartersville 3 Bank of Cave Spring 12-15-1966 6-15-1967 0 *The Commercial National Bank 1 *The First National Bank of Polk County 1 Peachtree Bank and Trust Company 3-17-1960 5-06-1960 9 Cohutta Banking Company 7-17-1905 1-24-1906 2 *The First National Bank of Chatsworth 1 Bank of Chester 6-14-1966 9-26-1966 1 Bank of Chickamauga 2-16-1910 5-10-1910 1 Habersham Bank 5-13-1904 5- -1904 3 Citizens DeKalb Bank 4-10-1969 3-06-1970 5 The Claxton Bank 2-24-1941 2-24-1941 2 Tippins Bank &Trust Company 8-30-1940 9-03-1940 1 Bank of Clayton 6-30-1904 7-01-1904 1 Rabun County Bank 5-01-1974 10-10-1975 0 The Peoples Bank 12-11-1945 7-01-1946 1 White County Bank 12-02-1975 10-29-1976 1 The Brown Bank 6-24-1970 6-24-1970 0 Cook Banking Company 4-24-1942 7-01-1942 0 State Bank of Cochran Citizens Bank 12-22-1921 1-05-1922 0 3-24-1924 4-21-1924 0 The Peoples Bank 3-16-1973 10-19-1973 0 * Member Federa1 Reserve System ** Amounts are in thousands. ----- TOTAL ASSETS*~ 24,007 29,285 53,837 53,912 24,091 9,624 56,966 37,989 20.106 26,967 60,619 5,117 36,174 36,711 157,639 30,010 16,329 4,376 19, 176 57,141 22,505 23,465 15,219 44, 125 11 ,014 54,560 21 ,385 3,915 14,342 19,791 24,978 16,191 CITY Columbus Comer Commerce Conyers Coolidge Cordele Cornelia --' N Covington Crawford Crawfordvi 11 e Cumming Cuthbert Dahlonega Da 11 as Dalton Danielsville Darien LIST OF STATE AND NATIONAL BANKS COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Muscogee Columbus Bank and Trust Company 12-24-1888 4-01-1889 13 *The First National Bank of Columbus 10 *The National Bank and Trust Company of Columbus 6 Trust Company of Columbus 3-19-1954 3-19-1954 4 t~adi son Merchants and Farmers Bank 10-03-1935 10-10-1935 1 of Comer, Georgia Jackson *The First National Bank of Commerce 2 Northeastern Banking Company 8-25-1891 1892 0 Rockdal e First Bank of Conyers 11-17- 1969 6-24-1970 2 Trust Company Bank of Rockdale 10-15-1891 6- -1901 2 Thomas Farmers and Merchants Bank of Thomas County 12-18- 1911 11-20-1911 1 Crisp Cordele Banking Company 5-31-1927 6-15-1927 1 First State Bank in Cordele 12-03-1938 1-03-1939 1 Habersham Cornelia Bank 7-03-1900 8-04-1900 3 First Bank of Habersham 9-14-1979 9-15-1979 2 Newton The Bank of Covington 4-10-1901 4-10-1901 1 *First National Bank of Newton County 2 Oglethorpe The Commercial Bank 9-02-1924 9-05-1924 0 Taliaferro The Peoples Bank 12-08-1947 1-02-1948 0 Forsyth Bank of Cumming 10-11-1904 10-19-1904 0 Forsyth County Bank 6-15-1964 9-26-1964 1 Randolph Citizens Bank 2-07-1938 3-01-1938 0 First State Bank of Randolph County 12-31-1958 1-02-1959 1 Lumpkin Bank of Dahlonega 5-27-1914 5-27-1914 1 Paulding The Citizens Bank, Dallas, Georgia 7-23-1962 3-15-1963 2 *The First National Bank of Paulding County 2 Whitfield The Bank of Dalton 12-26-1911 10-12-1912 2 The Citizens and Southern Bank of Dalton 9-25-1969 1-05-1970 1 *The First National Bank of Dalton 4 Hardwick Bank &Trust Company 2-17-1922 2-20-1922 3 Madison Bank of Danielsville 12-11-1904 1-15-1908 0 McIntosh The Darien Bank 12-08-1888 1-24-1889 1 * Member Federal Reserve System ** Amounts are fn thousands. TOTAL ASSETS** 300,939 212,061 115,914 44,771 1'),010 40,140 16,270 22,623 63,099 7,606 37,297 31,308 51,215 44,415 60,405 20,511 12,133 9,239 60,615 42,860 18,496 15,844 35,]05 18~482 34,367 40,825 12,098 152,885 75,914 7,832 19,995 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Dawson Dawsonville Decatur Dexter Donalsonville Douglas Douglasville w Dublin Dudley Duluth Eastman Eatonton Edison Elberton Ellaville Ell i jay Fa i rburn Fayettevi 11 e Terrell Dawson DeKa 1b Laurens Seminole Coffee Douglas Laurens Laurens Gwinnett Dodge Putnam Calhoun Elbert Schley Gi 1mer Fulton Fayette Bank of Dawson 6-29-1911 7-01-1911 0 Bank of Terrell 3-23-1936 5-01-1936 1 Dawson County Bank 7-01-1953 7-13-1953 0 *Fide1ity National Bank 2 *The First National Bank of DeKa1b County 3 The Knight State Bank 1-30-1967 2-01-1967 0 Commercial State Bank 10-21-1938 12-16-1938 1 Merchants and Farmers Bank 9-24-1925 9-24-1925 1 Coffee County Bank 6-19-1931 7-01-1931 0 The Exchange Bank 5-11-1971 5-11-1971 1 The Farmers Bank 5-22-1945 7-05-1945 2 Douglas County Bank 5-18-1973 6-24-1974 0 The Commercial Bank 4-24-1942 5-01-1942 2 Trust Company Bank of Douglas County 8-11-1959 5-09-1960 3 *First National Bank of Douglasville 1 The Citizens and Southern Bank of Dublin 10-29-1928 11-01-1928 3 Farmers and Merchants Bank 5-26-1910 7-06-1910 3 The Morris State Bank 7-31-1958 10-02-1958 1 Bank of Dudley 10-02-1905 11- -1905 0 Bank of the South, Gwinnett County 1-22-1945 2-17-1945 1 Bank of Eastman 12-28-1918 1-02-1919 0 Citizens Bank &Trust Company 3-12-1949 4-01-1949 1 Farmers &Merchants Bank 10-30-1922 11-15-1922 0 The Peoples Bank 3-16-1944 5-01-1944 0 The Bank of Edison 9-24-1904 1904 0 *First National Bank in Elberton 1 Granite City Bank 12-03-1927 1-02-1928 2 Bank of Ellaville 9-10-1910 9-16-1910 0 The Bank of Ellijay 5-21-1914 6-01-1914 1 First State Bank of Gilmer County 11-05- 1973 8-29-1974 0 Fairburn Banking Company 9-14-1891 1902 1 Farmers and Merchants Bank 2-16-1906 3-13-19% 1 First Citizens Bank 6-28-1973 7-01-1974 1 * t4ember Federa1 Reserve System ** Amounts are in thousands. TOTAL ASSETS** 33,301 31 ,257 13,234 29,880 33,465 7,546 21 ,557 16,825 25,365 12,513 63,212 6,044 47,222 34,989 6,098 78,502 60,489 38,542 17,300 34,199 28,479 29,408 23,897 20,177 15,696 49,886 46,937 9,529 35,797 9,372 23,761 29,941 15,239 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Fitzgerald Ben Hi 11 The Bank of Fitzgerald 11-10-1975 4-15-1976 1 The First State Bank of Fitzgerald 5-24-1948 7-19-1948 1 *The National Bank of Fitzgerald 2 Folkston Charlton The Citizens Bank 12-12-1911 4-04-1912 2 *First National Bank of Folkston 0 Fores t Park Cl ayton Bank of the South, Clayton County 9-30-1981 9-30-1981 8 Forsyth Monroe The Farmers Bank 3-09':'1910 1910 0 First Citizens Bank 2-17-1920 3-01-1920 0 Monroe County Bank 11-02-1908 10-15-1908 0 Fort Benning Chattahoochee *Fort Benning National Bank 2 Fort Gaines Clay Fort Gaines Banking Company 2-11-1937 2-15-1937 I) Fort Oglethorpe Catoosa Fort Oglethorpe State Bank 12-04-1963 8-07-1964 2 Fort Valley Peach Bank of Fort Valley 10-11-1924 10-15-1924 1 The Citizens Bank 12-14-1906 1-01-1907 1 Franklin Heard The Bank of Heard County 10-14-1905 10-18-1905 f) Gainesville Hall The Citizens Bank 5-19-1913 6- -1913 2 ~ *The First National Bank of Gainesville 4 *The Gainesville National Bank 4 Gibson Cl ascock Bank of Gibson 11-07-1905 11-27-1905 0 Glennville Tattnall First Citizens Bank 12-31-1942 1-04-1943 1 The Glennville Bank and Trust Company 1-12-1905 1-18-1905 1 Gordon Wilkinson The Gordon Bank 6-08-1946 8-01-1946 0 Gray Jones Bank of Gray 8-23-1909 8-28-1909 0 Greensboro Greene Bank of Greensboro 10-13-1926 10-14-1926 0 Citizens Union Bank 3-09-1946 4-01-1946 1 Greenvi11 e Meril'/ether The Greenville Banking Company 10-24-1887 1891 0 Griffin Spalding Commercial Bank &Trust Company 10-11-1889 10-09-1890 3 The Bank of Griffin 6-08-1967 8-16-1968 1 *First National Bank of Griffin 2 Haddock Jones Jones County Bank 7-14-1905 7-25-1905 0 Hahira Lowndes Citizens Bank of Hahira 2-12-1927 2-21-1927 0 Commercial Banking Company 1-29-1945 4-05-1945 0 Hampton Henry Bank of Hampton 12-31-1965 2-01-1966 0 Hapeville Fulton Capital City Bank 7-20-1945 9-04-1945 1 Harlem Columbia Bank of Columbia County 11-29-1909 12-13-1909 0 * Member Federa1 Reserve Sys tern ** Amounts are in thousands. TOTAL ASSETS** 26,705 30,326 36,004 32,102 11 ,603 102,718 16,373 10,524 21,270 23,553 10,591 20,457 25,919 26,035 11 ,075 54,850 173,445 112,227 2,593 20,427 24,379 10,748 12,646 31,213 26,362 12,557 117,522 23,124 51,855 2,318 11,518 8,481 9,895 25,405 10,618 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Hartwe 11 Hart Bank of Hartwell 5-15-1961 11-09-1961 The Citizens and Southern Bank of Hart County 11-28-1942 1-02-1943 0 Hawkinsville Pulaski Planters Bank 2-27-1896 3- -1896 1 The Pulaski Banking Company 7-20-1949 8-27-1949 0 Hazlehurst Jeff Davis Bank of Hazlehurst 10-19-1906 10- -1906 0 Jeff Davis Bank 7-12-1962 12-01-1962 0 Hiawassee Towns Bank of Hiawassee 6-14-1909 7-21-1909 1 Hinesville Liberty The Coastal Bank 7-09-1970 7-09-1970 1 The Hinesville Bank 9-04-1911 11-15-1911 2 Hogansville Troup The Citizens Bank 11-30-1961 12-11-1961 0 Homer Banks Bank of Banks County 6-25-1974 12-28-1974 0 Homervi 11 e Clinch Empire Banking Company 3-01-1945 6-01-1945 0 Irwi nton l~i 1ki nson Wilkinson County Bank 7-16-1907 7-16-1907 0 Jackson Butts The Citizens and Southern Bank of Jackson 4-14-1969 5-01-1969 0 U1 McIntosh State Bank 2-14-1964 9-18-1964 0 Jasper Pi ckens Jasper Banking Company 1-17-1945 3-12-1945 0 Pickens County Bank 8-25-1976 6-18-1977 0 Jefferson Jackson *The First National Bank of Jackson County 1 Jeffersonvi 11 e Twiggs Peoples State Bank 12-10-1969 12-1Q-1969 0 Jesup Wayne *The First National Bank of Wayne County 1 Jonesboro Cl ayton Trust Company Bank of Clayton County 10-06-1903 11-17-1903 5 Kingsland Camden Citizens State Bank 7-29-1981 7-29-1981 I) State Bank of Kingsland 11-26-1912 12- -1912 0 LaFayette l~a 1ker The Bank of LaFayette, Georgia 11-13-1889 1899 1 Walker County Bank 11-16-1971 11-16-1972 1 LaGrange Troup The Citizens and Southern Bank of l~es t Georgi a 7-23-1937 8-02-1937 2 Commercial Bank &Trust Company of Troup County 7-08-1941 9-15-1941 1 Peoples Bank of LaGrange 9-22-1965 4-11-1966 2 Lakeland Lanier Farmers and Merchants Bank 4-08-1907 1907 0 Lavonia Frank 1i n Northeast Georgia Bank 9-20-1940 9-23-1940 2 * Member Federal Reserve System ** Amounts are in thousands. - - - - - - - -_. -- TOTAL ASSETS*" 18,247 49,163 22,110 20,864 16,365 16,520 27,737 29,911 32,245 12,028 10,988 13,625 10,838 28,383 17,186 29,742 11 ,212 18,705 5,461 26,581 39,542 4,419 8,512 43,030 17,802 72 ,401 37,018 33,323 17,898 27,179 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Lawrenceville Leary Leesburg Lenox Leslie Lexington Lincolnton Lithonia Locus t Grove Loganville Louisville Lumber City Lumpkin Lyons O'l Mableton Macon Madison Manchester Mansfield Mari etta Marshallville Martinez McDonough McRae Meigs Metter Gwi nnett *The Brand Banking Company 6-82-1905 7-17-1905 2 *First National Bank of Gwinnett County 4 Trust Company Bank of Gwinnett County 1-11-1971 9-16-1971 4 Calhoun Jordan Banking Company 12-30-1965 1-03-1966 0 Lee The State Bank of Leesburg, Georgi a 4-09-1947 12-01-1947 0 Cook Bank of Lenox 6-20-1907 6-25-1907 f) Sumter Farmers &Merchants Bank 12-19-1940 1-02-1941 0 Oglethorpe Citizens Banking Company 2-07-1949 3-10-1949 0 Li nco 1n Farmers State Bank 9-26-1911 12-02-1911 0 DeKa 1b The Peoples Bank 8-26-1910 1910 1 Henry The Farmers Bank 1-03-1910 1- -1910 1 Walton Bank of Loganville 5-06-1946 10-05-1946 0 Jefferson *The First National Bank of Louisville 1 Telfair Bank of Lumber City 5-22-1945 7-02-1945 0 Stewart Farmers State Bank 10-21-1911 12- -1911 0 Toombs The Peoples Bank of Lyons, Georgia 5-04-1935 6-01-1935 1 Cobb Georgia State Bank 6-21-1963 3-02-1964 4 Bibb Central Bank of Georgia 6-19-1972 6-19-1972 4 Georgia Bank &Trust Company 6-09-1960 7-01-1960 6 Macon Bank &Trust Company 11-29-1973 6-24-1974 1 *Trust Company Bank of Middle Georgia, N.A. 9 Morgan Bank of Madison 12-26-1888 1-01-1890 0 *First National Bank 0 Meriwether Bank of Manchester 1-28-1910 2-02-1910 0 F &MBank and Trust Company 10-07-1947 2-21-1948 1 Newton Newton County Bank 12-19-1945 3-01-1946 1 Cobb Commercial Bank of Cobb County 9-02-1955 9-17-1956 7 First Bank &Trust Co. 12-18-1906 1-01-1907 9 *The First National Bank of Cobb County 8 ~1acon First State Bank 9-19-1910 9-27-1910 0 Columbia Georgia State Bank 7-05-1909 8-01-1909 2 Henry *First National Bank of McDonough 2 Telfai r The Merchants &Citizens Bank 3-28-1929 3-28-1929 0 The Security State Bank 8-23-1972 8-23-1972 0 Thomas Bank of t1ei gs 5-08-1903 6- -1903 0 Candler Metter Banking Company 7-25-1930 8-26-1935 0 Pineland State Bank 12-27-1961 10-15-1962 0 * Hember Federal Reserve System ** Amounts are in thousands. TOTAL ASSETS** 51 ,007 91,214 29,149 5,280 8,367 7,358 8,177 10,409 19,162 23,286 10, 142 7,671 28,298 4,583 7,567 20,301 57,154 35,463 118,706 26,733 252,635 16,711 22,247 28, 120 10,076 5,167 62,114 141,809 190,422 4,811 23,693 42,090 15,194 15,688 4,785 28,476 9,431 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Mi dvi 11 e Milan Mi 11 edcevt 11 e Mill en Molena Monroe Montezuma Monticello '-J Morven Mou.ltri e Mount Vernon Nashvi 11 e Newi ngton Newnan Newton Nicholls Norcross Oci 11 a Omega Burke Bank of Mi dvi 11 e 4-13-1945 5-21-1945 0 Telfai r Bank of t1il an 12-05-1906 10- -1906 0 Baldwin The Citizens and Southern Bank of of Mi 11 edgevi 11 e 2-28-1874 10-13-1884 1 Exchange Bank 5-20-1903 6-01-1903 2 The Merchants and Farmers Bank of Milledgeville 3-22-1898 3- -1898 1 Jenkins Bank of Millen 1-04-1893 3-01-1893 0 Ogeechee Valley Bank 9-01-1972 1-07-1974 0 Pike Bank of Molena 10-07-1901 3- -1899 0 Walton First American Bank of Walton 1-01-1906 1-01-1906 2 *The National Bank of Walton County 2 Macon The Bank of Macon County 12-20-1972 1-02-1973 1 First United Bank 10-23-1948 1-10-1949 1 Jasper Bank of Monticello 2-08-1964 2-10-1964 0 *The Farmers National Bank of Monticello 0 Brooks The Citizens Bank of Morven, Georgia 1-18-1973 1-18-1973 0 Colquitt American Banking Company 8-13-1971 10-01-1971 1 The Citizens and Southern Bank of Colquitt County 7-08-1896 1896 0 *Moultrie National Bank 0 Montgomery Mount Vernon Bank 12-21-1900 1-24-1901 0 Berrien The Citizens Bank 2-19-1943 3- -1943 1 The United Banking Company 7-10-1924 7-15-1924 1 Screven Bank of Newington 7-07-1919 8-14-1919 0 Coweta Bank of Coweta 2-11-1972 10-06-1972 2 The Citizens and Southern Newnan Bank 2-25-1955 2-25-1955 2 *The First National Bank of Newnan 2 Baker Baker County Bank 10-04-1906 10-15-1906 0 Coffee Nicholls State Bank 12-02-1952 1-02-1953 0 Gwi nnett Gwinnett Bank &Trust Company 9-11-1967 3-01-1968 3 I rwi n The Bank of Ocilla, Georgia 9-20-1956 10-01-1956 0 The First State Bank of Ocilla 5-11-1943 6-01-1943 1 Tift South Georgia Banking Company 4-15-1970 4-15-1970 1 * Member Federal Reserve System ** Amounts are in thousands. TOTAL ASSETS** 7,497 6,861 51,955 39,057 25,662 22,456 9,230 5,631 36,010 49,203 34,266 21 ,653 13,350 14,913 4,260 31 ,037 44,413 65,024 15,360 21,702 13,221 2,964 29,123 45,321 47,766 6,526 7,535 49,893 19 , 13fJ 17,374 18,421 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Pa lmetto Patterson Pavo Peachtree City Pearson Pelham Pembroke Perry Pine Mountain Pinehurst Pineview Pitts Preston Quitman co Reidsville Reynolds Rhine Richland Ringgold Riverdale Roberta Rochelle Rockmart Rome Fulton Pierce. Thomas Fayette Atkinson Mi tchell Bryan Hous ton Harris Dooly Wilcox \~i 1cox Webster Brooks Tattna11 Taylor Dodge Stewart Catoosa Cl ayton Crawford Wilcox Polk Floyd Rossville Roswe 11 Royston Rutledge Walker Fulton Franklin Morgan First Fulton Bank and Trust The Patterson Bank 6-29-1918 7-10-1918 2 6-19-1907 6-19-1907 o Pavo State Bank 6-24-1971 6-24-1971 o The Fayette State Bank 1-31-1964 2-01-1964 3 The Citizens Exchange Bank 1-19-1943 5-12-1945 o Farmers Bank of Pelham 8-25-1902 9-01-1902 1 Pelham Banking Company 12-04-1936 12-08-1936 o The Pembroke State Bank 12-29-1937 2-11-1938 1 The Bank of Perry 8-20-1889 1889 2 *First National Bank of Houston County 2 Farmers and Merchants Bank 3-22-1909 4-19-1909 2 Bank of Pinehurst Pineview State Bank 1-01-1908 1904 o 9-20-1910 9-20-1910 o Pitts Banking Company 6-02-1906 6- -1906 o Bank of ~~ebster 6-29-1970 6-29-1970 o The Bank of Quitman 12-26-1888 12-31-1888 1 *The Citizens National Bank of Quitman 1 The Tattnall Bank The Citizens State Bank Williams Banking Company 9-14-1900 10-22-1900 1 9-08-1922 9-08-1922 o 8-04-1947 10-01-1947 o Richland Banking Company 10-13-1927 10-15-1927 o Northwest Georgia Bank 8-26-1904 8- -1904 2 Clayton County Bank 9-18-1968 6-09-1969 4 The Crawford County Bank Rochelle State Bank 1-07-1901 1-08-1901 o 7-08-1947 8-01-1947 o The Rockmart Bank The Georgia State Bank of Rome 10-30-1900 1900 1 4-02-1976 1-05-1978 o *The First National Bank of Rome 4 *National City Bank of Rome 4 The Rome Bank and Trust Company 4-05-1945 10-01-1945 3 Rossville Bank 7-01-1963 12-13-1963 2 Roswell Bank 3-01-1901 3- -1901 4 Tri-County Bank of Royston Bank of Rutledge 8-09-1941 9-01-1941 1 9-24-1898 10-01-1898 o * Member Federal Reserve System ** Amounts in thousands TOTAL ASSETS** 13,309 5,723 4,317 36,312 7,599 28,433 21,750 19,985 28,816 29,392 23,372 4,246 4,930 4,569 4,822 17,754 14,444 21 ,238 13,524 7,334 5,422 36,783 32,056 14, 169 4,525 26,481 16,903 101 ,329 11? ~ 1ql 59,6')2 43,826 55, 116 30,639 7,894 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Saint Marys Sandersville Sardis Savannah Camden Washington Burke Chatham Senoia Smyrna ~ Snellville Social Circle Soperton Sparta Coweta Cobb Gwinnett Walton Treut1en Hancock Springfield Effingham St. Simons Island Glynn Stapleton Jefferson Statesboro Bull och Stockbridge Summerville Swainsboro Henry Chattooga Emanuel Sy1 vani a Sy1 vester Screven Worth Peoples Bank 5-07-1973 5-07-1973 1 Saint Marys State Bank 4-12-1955 8-04-1955 1 Citizens Bank of Washington County 1-06-1965 5-03-1965 1 The Geo. D. Warthen Bank 3-18-1957 3-18-1957 1 Bank of Sardis 4-27-1945 7-02-1945 0 Atlantic Bank and Trust Company 11-06-1933 11-06-1933 1 The Carver State Bank 4-29-1947 6-04-1947 1 *The Citizens and Southern National Bank 114 First Bank of Savannah 7-29-1909 8-04-1909 6 *Savannah Bank and Trust Company of Savannah 3-04-1869 7-01-1869 11 Southern Bank &Trust Company 10-10-1974 5-28-1975 1 *Trust Company of Georgia Bank of Savannah, N. A. 10 Farmers and Merchants Bank of Senoia 3-02-1874 1889 0 Cobb Bank &Trust Company 11-14-1973 3-12-1974 1 *Trust Company Bank of Cobb County, N.A. 5 Gwinnett County Bank 9-23-1970 3-04-1971 3 Georgia Central Bank 12-31-1923 3-08-1924 1 The Bank of Soperton 7-16-1906 1903 0 Bank of Hancock County 10-18-1904 9-05-1904 0 United Security Bank 5-10-1976 6-01-1967 0 The Citizens and Southern Bank of Effingham County 12-30-1907 1-01-1908 1 The Coastal Bank of Georgia 7-22-1981 11)-30-1981 3 Bank of Stapleton 3-20-1916 1916 0 First Bulloch Bank &Trust Company 1-19-1934 4-14-1934 3 Sea Is 1and Bank- 3-11-1901 1901 3 The First State Bank 9-21-1964 10-08-1964 1 Farmers &Merchants Bank 2-05-1926 2-06-1926 3 Spivey State Bank 8-27-1964 3-01-1965 0 The Central Bank 10-27-1920 11-09-1920 1 The Citizens Bank of Swainsboro 11-10-1900 1900 1 Bank of Screven County 4-10-1911 5-01-1911 0 Farmers and Merchants Bank 2-18-1946 3-01-1946 1 Bank of Worth County 4-28-1945 11-01-1945 2 Sylvester Banking Company 7-05-1898 7- -1898 0 * Member Federal Reserve System ** Amounts are in thousands. TOTAL ASSETS** 8,533 13,664 18,017 34,907 5,955 34,775 19,004 4,451,823 60,734 346,244 11 ,052 162,028 8,836 24,478 75,301 37,385 19,795 20,765 19,115 4,065 40,527 31 ,454 8,191 58,050 75,056 25,163 43,205 20,319 21 ,094 40,856 34,805 27,136 24,712 31,206 LIST OF STATE AND NATIONAL BANKS CITY COUNTY NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Tal botton Tallapoosa Taylorsville Temple Tennille Thomaston Thomasvi 11 e oN Thomson Ti fton Toccoa Trenton Trion Twin City Unadilla Union Point Uvalda Valdosta Vidalia Talbot The Peoples Bank of Talbotton 12-09-1890 1-13-1891 o Haralson Commercial Bank 12-09-1971 12-09-1971 1 West Georgia Bank of Tallapoosa, Georgi a 12-06-1948 6-06-1949 o Bartow Peoples Bank of Bartow County 6-06-1905 6-13-1905 1 Carroll Bank of Carroll County 11-25-1946 7-01-1947 3 Washington Tennille Banking Company 4-04-1900 4- -1900 1 Upson Bank of Upson 6-23-1951 10-01-1951 1 The Citizens and Southern Bank of Thomaston, Georgia 1-18-1926 2-28-1930 1 West Central Georgia Bank 12-13-1973 4-15-1974 1 Thomas Commercial Bank 7-03-1916 7-22-1916 1 The Citizens and Southern Bank of Thomas County 2-03-1937 2-15-1937 1 *First National Bank of Thomasville- Thomas County o McDuffie Bank of Thomson 12-30-1890 1891 2 *First National Bank 2 Tift The C &S Bank of Tifton 10-10-1891 1896 3 The Citizens Bank of Tifton 2-24-1948 4-15-1948 1 The Farmers Bank of Tifton 12-21-1936 2-24-1937 1 Stephens The Bank of Toccoa 8-10-1911 9-01-1911 2 The Citizens Bank 5-25-1950 3-16-1951 2 Dade Bank of Dade 7-05-1955 1-12-1956 o Chattooga *First National Bank of Chattooga County 1 Emanuel Durden Banking Company, Incorporated 6-26-1935 7-05-1935 o Dooly State Bank and Trust Co. 4-19-1935 4-22-1935 1 Greene The Farmers Bank 9-06-1911 9-06-1911 1 Montgomery Altamaha Bank and Trust Company 5-02-1966 5-16-1966 1 Lowndes *The First National Bank of Valdosta 2 First State Bank and Trust Company of Valdosta 1-22-1906 3- -1906 2 Toombs The Park Avenue Bank Brice Banking Company, Inc. 6-28-1971 6-28-1971 o 9-07-1965 10-14-1965 o Darby Bank and Trust Co. 6-22-1934 7-01-1934 *First National Bank and Trust Company 2 * Member Federal Reserve System ** Amounts are in thousands. TOTAL ASSETS** 9,060 8,655 12,463 12,793 14,495 23,996 35,182 46,540 18,043 76,766 55,191 17,537 50,383 43,534 54,549 31,519 42,178 37,138 41,768 17,965 17,553 15,018 22,671 32,058 13,535 71,174 54,798 20,716 17,684 24,328 31,716 CITY Vienna Villa Rica l~adl ey Warm Springs Warner Robins Warrenton Washington Watkinsville Waycross Waynesboro N --' l~est Point Hillacoochee Winder Woodbine Woodbury Woodland Woodstock Wrens Wrightsville Zebulon COUNTY LIST OF STATE AND NATIONAL BANKS NAME OF BANK CHARTER BEGAN NO. DATE BUSINESS OFF. Dooly Bank of Dooly 11-10-1975 7-30-1976 0 Citi zens Bank 6-24-1931 7-01-1931 0 Carroll Bank of Villa Rica 5-04-1899 5- -1899 1 Jefferson Bank of Wadley 1-29-1902 1- -1902 0 Meriwether First American Bank 10-11-1905 8-03-1906 1 Houston Citizens State Bank 12-13-1950 1-02-1951 2 The Citizens and Southern Bank of Houston County 4-25-1956 1-04-1957 1 Warren Citizens Bank 4-14-1902 4- -1902 0 Wilkes Farmers and Merchants Bank 8-10-1949 3-14-1950 1 Washington Loan and Banking Company 9-07-1891 5-01-1895 1 Oconee Oconee State Bank 6-05-1959 2-01-1960 0 Ware Commercial Bank 10-15-1918 10-30-1918 2 *First National Bank in l~aycross 2 Southern Bank 5-22-1956 6-11-1956 2 Burke *Bank of Waynesboro 12-16-1890 1891 1 *First National Bank 1 Troup *First National Bank of West Point 0 Atkinson The Peoples Bank 1-04-1952 1-15-1952 0 Barrow Bank of Barrow 3-12-1951 3-17-1951 2 The Peoples Bank 10-29-1926 10-30-1926 1 Camden The Camden County State Bank 6-24-1947 1-02-1948 0 Meriwether The Woodbury Banking Company 9-29-1902 9-29-1902 0 Talbot Talbot State Bank 11-18-1907 11-25-1907 0 Cherokee Bank of Woodstock 11-13-1905 11-13-1905 0 Jefferson First State Bank 2-25-1964 7-06-1964 0 Johnson Bank of Wrightsville 2-16-1897 2-16-1897 0 The Exchange Bank of Wrightsville 12-20-1909 12-20-1909 0 Pike The Bank of Zebulon 3-18-1905 1-31-1905 1 Commercial Bank of Pike County 10-29-1903 11-29-1903 1 TOTAL ASSETS** 10,031 14,810 22,027 11 ,362 10,337 52,270 40,950 15,234 34,758 34,067 26,063 30,929 35,084 63,910 30,532 19,812 44,285 4,745 49,962 28,787 6,730 10,679 3,032 12,753 15,511 18,422 12,336 22,219 6,965 * Member Federal Reserve System ** Amounts are in thousands. ASSETS STATE OF GEORGIA ABSTRACT OF REPORTS OF CONDITION OF STATE AND NATIONAL BANKS IN GEORGIA AS OF DECEMBER 31, 1981 WITH COMPARATIVE STATEMENT AS OF DECEMBER 31, 1980 (Amounts in thousands) Dec. 31, 1981 Dec. 31, 1980 426 Banks %* 435 Banks %* Increase+ Decrease- Cash and Due from Banks U. S. Treasury Securities Obligations of Federal Agencies SCM Obligations Other Securities Federal Funds Sold &Sec. Purchased under Agreement to Resell Total Loans Reserve for Loan Losses Unearned Income Net Loans Lease Financing Receivables Assets Representing Bank Premises, Furniture and Fixtures Other Real Estate Owned A11 Other As set s TOTAL ASSETS LIAB ILIT IES $ 3,449,213 13.5 $ 3,695,405 15.9 $ 246,192- 1,324,056 5.2 1,477 ,066 6.3 153,010- 1,245,266 4.9 1,015,350 4.4 229,916+ 3,104,776 12.1 2,411 ,961 10.3 692,815+ 106,724 0.4 110,168 0.5 3,444- 1,915,038 13,651,884 (193,310) (747,596) 12,710,978 138,583 7.5 53.3 (0.8) (2.9) 49.6 0.5 1,636,780 12,415,220 (170,774) (638,392) 11 ,606,054 115,663 7.0 53.4 (0.7) (2.8) 49.9 0.5 278,258+ 1,236,664+ 22,536+ 109,204+ 1,104,924+ 22,920+ 577,773 2.3 57,968 0.2 967,629 3.8 $25,598,004 100.0 530,752 2.3 47,021+ 67,468 0.3 9,500- 600,328 2.6 367,301+ $23,266 995 100.0 $2.331.009+ Deposits of Individuals, Partnerships and Corporations Deposits of U.S. Government Depos it s of SCM Certified and Officers' Checks Other Deposits TOTAL DEPOS ITS 17,377,131 67.9 15,722,375 67.6 1,654,756+ 105,809 0.4 99,909 0.4 5,900+ 1,607,664 6.3 1,689,748 7.3 82,084- 151,695 0.6 143,861 0.6 7,834+ 1,134,848 4.4 1,238,123 5.3 103,275- $20,377,147 79.6 $18,894,016 81.2 $1,483,131+ Federal Funds Purchased &Sec. Sold Under Agreement to Repurchase 1,983,782 7.8 1,653,894 7.1 329,888+ Interest-Bearing Demand Notes and Other Liabilities for Borrowed Money 153,526 0.6 162,091 0.7 8,565- Mortgage Indebtedness 32,274 0.1 30,893 0.2 1,381+ All Other Liabilities 1,042,978 4.1 727,364 3.1 315,614+ TOTAL LIABILITIES $23,589,707 92.2 $21.468.258 92.3 $2.121.449+ EQUITY CAPITAL AND SUBORDINATED DEBT Subordinated Notes and Debentures 88,527 0.3 Preferred Stock 732 0.0 Common Stock 410,431 1.6 Surplus 684,945 2.7 Undivided Profits and Capital Reserves 823,662 3.2 TOTAL EQUITY CAPITAL AND SUBORDINATED DEBT $ 2,008,297 7.8 95,565 2,021 404,077 596,954 700,120 1,798,737 0.4 7,038- 0.0 1,289- 1.7 6,354+ 2.6 87,991+ 3.0 123,542+ 7.7 $ 209,560+ TOTAL LIABILITIES AND CAPITAL * Percent of Total Assets $25,598,004 100.0 $23,266,995 100.0 $2,331,009+ 22 STATE OF GEORGIA AVERAGED COMPARATIVE REPORT OF CONDITION OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEARS ENDED DECEMBER 31, 1981 AND DECEMBER 31, 1980 (Amounts in Thousands) YEAR NUMBER OF BANKS AVERAGED 1981 1980 426 %* 435 Increase+ %* Decrease- ASSETS Cash and Due From Banks $ 8,097 U.S. Treasury Securities 3,108 Obligations of Federal Agencies 2,923 SCM Obligations 7,288 Other Securities 251 Federal Funds Sold &Securities Purchased Under Agreement to Resell 4,495 Total Loans 32,047 Reserve for Loan Losses (454 ) Unearned Income (1,755 ) Net Loans 29,838 Lease Financing Receivables 325 Assets Representing Bank Premises, Furniture and Fixtures 1,356 Other Real Estate Owned 136 All Other Assets 2,272 TOTAL ASSETS $60,089 13.5 5.2 4.9 12.1 0.4 7.5 53.3 (0.8) (2.9 ) 49.6 0.5 2.3 0.2 3.8 100.0 $ 8,495 3,396 2,334 5,545 253 3,763 28,541 (393) (1,468) 26,680 266 1,220 155 1,380 $53,487 15.9 6.3 4.4 10.3 0.5 7.0 53.4 (0.7) (2.8) 49.9 0.5 2.3 0.3 2.6 100.0 $ 398288589+ 1,743+ 2- 732+ 3,506+ 61+ 287+ 3,158+ 59+ 136+ 19892+ $6.602+ LIABILITIES Deposits of Individuals, Partnerships, and Corporations $40,791 67.9 $36,143 67.6 $4,648+ Deposits of U.S. Government 249 0.4 230 0.4 19+ Depos it s of SCM 3,774 6.3 3,884 7.3 110- Certified and Officers' Checks 356 0.6 331 0.6 25+ Other Depos its 2,664 4.4 2,846 5.3 182- TOTAL DEPOSITS $47,834 79.6 $43,434 81.2 $4,400+ Federal Funds Purchased and Sec. Sold Under Agreement to Repurchase 4,657 7.8 3,802 7. 1 855+ Interest-bearing Demand Notes and Other Liabilities for Borrowed Money 360 0.6 373 0.7 13- Mortgage Indebtedness 76 0.1 71 0.2 5+ All Other Liabilities 2,448 4.1 1,672 3.1 776+ TOTAL LIABILITIES $55,375 92.2 $49,352 92.3 $6,023+ EQUITY CAPITAL AND SUBORDINATED DEBT Subordinated Notes and Debentures Preferred Stock Common Stock Surplus Undivided Profits and Capital Reserves TOTAL EQUITY CAPITAL AND SUB DEBT $ 208 2 963 1,608 1,933 $ 4,714 0.3 $ 220 0.0 5 1.6 929 2.7 1,372 3.2 1.609 7.8 $ 4,135 0.4 $ 12- 0.0 3- 1.7 34+ 2.6 236+ 3.0 324+ 7.7 $ 579+ TOTAL LIABILITIES AND CAPITAL $60,089 100.0 $53,487 100.0 $6,602+ * Percent of Total Assets 23 ABSTRACT OF REPORTS OF CONDITION (AVERAGED BY SIZE) OF STATE AND NATIONAL BANKS IN GEORGIA AS OF DECEMBER 31, 1981 (Amounts in Thou's ands ) Number of Banks Averaged Size of Bank Averaged 81 Less than $10 Million 49 $10 Million %* to %* $15 Million 109 $15 Mi 11 ion to %* $25 Million ASSETS Cash and Due from Banks U. S. Treasury Sec. Obligations of Federal Agencies SCM Obligations Other Securities Funds Sold and Securities Purchased Under Agreement to Resell Tota1 Loans Reserve for Loan Losses Unearned Income Net Loans Lease Financing Receivables Assets Representing Premises, Furniture and Fixtures Other Real Estate Owned All Other Liabilities TOTAL ASSETS $ 720 10.4 $ 1,140 8.8 623 9.0 973 7.5 857 12.3 1,286 10.0 406 5.9 1,239 9.6 3 0.0 18 0.1 969 3,420 (38) (261 ) 3,121 o 14.0 49.3 (0.5 ) (3.8 ) 45.0 0.0 1,516 6,814 (80) (511 ) 6,223 o 11.7 52.7 (0.6) (4.0) 48.1 0.0 142 18 82 $6,941 2.0 323 0.2 38 1.2 180 100.0 $12,936 2.5 0.3 1.4 100.0 $ 1,873 1.546 1,686 2,203 26 2,344 10,996 (122 ) (776) 10,098 2 487 57 304 $20,626 9.1 7.5 8.2 10.7 0.1 11.3 53.3 (0.6 ) (3.8) 48.9 0.0 2.4 0.3 1.5 100.0 LIAB IL ITIES Deposits of Individuals, Partnerships, and Corporations Deposits of U. S. Government Deposits of SCM Certified and Officers' Checks Other Deposits TOTAL DEPOS ITS $5,445 78.4 $10,423 80.6 14 0.2 22 0.2 563 8.1 855 6.6 53 0.8 87 0.7 5 0.1 33 0.2 $6,080 87.6 $11,420 88.3 $16,330 79.2 81 0.4 1,648 8.0 141 0.7 30 0.1 $18,230 88.4 Federal Funds Purchased and Securities Sold Under Agreement to Repurchase 5 0.1 36 0.2 Interest-bearing Demand Notes and Other Liabilities for Borrowed Money 1 0.0 12 0.1 Mortgage Indebtedess 1 0.0 23 0.2 All Other Liabilities 93 1.3 179 1.4 TOTAL LIABILITIES $6,180 89.0 $11,670 90.2 66 0.3 27 0.1 10 0.0 323 1.6 $18,656 90.4 EQUITY CAPITAL AND SUBORDINATED DEBT Subordinated Notes and Debentures $ 7 0.1 $ 9 0.1 $ 32 0.2 Preferred Stock o 0.0 1 0.0 o 0.0 Common Stock 152 2.2 276 2.1 387 1.9 Surplus 337 4.9 506 3.9 764 3.7 Undivided Profits and Capital Reserves 265 3.8 474 3.7 787 3.8 TOTAL EQUITY CAPITAL AND SUB DEBT S ~$~,7-6-1 ---,1,1-.0---~-1,,2-6~6-----9-.~8~---~-$,1-,~9~7-0-----~9 . 6 TOTAL LIABILITIES AND CAPITAL $6,941 100.0 $12,936 100.0 $20,626 100.0 *Percent of Total Assets 24 ABSTRACT OF REPORTS OF CONDITION (AVERAGED BY SIZE) OF STATE AND NATIONAL BANKS IN GEORGIA AS OF DECEMBER 31, 1981 (Amounts in Thousands) Number of Banks Averaged Size of Bank Averaged 121 39 27 $25 Million %* $50 Million %* $100 Million %* to to and $50 Million $1 00 Mill ion Over ASSETS Cash and Due from Banks U.S. Treasury Sec. Obligations of Federal Agencies SCM Obligations Other Securities Funds Sold and Sec. Purchased Under Agreement to Resell Total Loans Reserve for Loan Losses Unearned Income Net Loans Lease Financing Receivables Assets Representing Premises, Furniture and Fixtures Other Real Estate Owned All Other Liabilities TOTAL ASSETS $ 3,072 8.5 $ 5,857 9.0 $ 93,732 16.6 2,733 7.6 4,637 7.1 20,222 3.6 3,097 8.6 4,737 7.2 13,687 2.4 5,004 13.8 9,085 13.9 67,083 11.9 58 0.2 51 0.1 3,474 0.6 2,831 19,313 (211 ) (1,326) 17,776 14 7.8 53.3 (0.6) (3.6) 49.1 0.0 3,763 37,622 (440) (3 ,091) 34,091 11 5.8 57.6 (0.7) (4.7) 52.2 0.0 37,687 297,711 (4,825) (12,438) 280,448 5,048 6.7 52.8 (0.9) (2.2 ) 49.7 0.9 851 2.3 81 0.2 696 1.9 $36,213 100.0 1,753 122 1,197 $65,304 2.7 0.2 1.8 100.0 12,073 1,249 29,189 $563,892 2.2 0.2 5.2 100.0 LIABILITIES Deposits of Individuals, Partner- ships, and Corporations Deposits of U.S. Government Depos its of SCM Certified and Officers' Checks Other Depos its TOTAL DEPOS ITS $28,366 78.3 $50,192 76.9 $342,802 60.8 95 0.3 263 0.4 2,702 0.5 2,822 7.8 5,444 8.3 29,140 5.2 228 0.6 418 0.7 3,108 0.5 69 0.2 269 0.4 41,138 7.3 $31,580 87.2 $56,586 86.7 $418,890 74.3 Federal Funds Purchased and Sec. Sold Under Agreement to Repurchase 348 1.0 1,209 1.8 69,821 12.4 Interest-Bearing Demand Notes and Other Liabilities for Borrowed Money 135 0.4 74 0.1 4,840 0.9 Mortgage Indebtedness 25 0.1 262 0.4 618 0.1 All Other Liabilities 709 1.9 1,172 1.8 31,854 5.6 TOTAL LIABILITIES $32,797 90.6 $59,303 90.8 $526,023 93.3 ~QUITY CAPITAL AND SUBORDINATED DEBT Subordinated Notes and Debentures Preferred Stock Common Stock Surplus Undivided Profits and Capital Reserves TOTAL EQUITY CAPITAL AND SUB DEBT $ 90 0.2 $ 248 o 0.0 18 721 2.0 1,314 1,156 3.2 1,875 1,449 4.0 2,546 $ 3,416 9.4 $ 6,001 0.4 $ 2,346 0.4 0.0 o 0.0 2.0 7,556 1.3 2.9 12,464 2.2 3.9 15,503 2.8 9.2 $37,869 6.7 TOTAL LIABILITIES AND CAPITAL $36,213 100.0 $65,304 100.0 $563,892 100.0 *Percent of Total Assets 25 DEPARTMENT OF BANKING AND FINANCE STATE OF GEORGIA COMPARATIVE STATEMENT OF EARNINGS AND EXPENSES OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEARS ENDING DECEMBER 31, 1981 AND DECEMBER 31, 1980 (Amount in Thousands) Dec. 31, 1981 Dec. 31, 1980 Increase+ 426 Banks %* 435 Banks %* Decrease- OPERATING INCOME Interest and Fees on Loans $ 1,915,489 Interest on Balance with Banks 83,344 Interest on Fed. Funds Sold and Securities Purchased Under Agreement to Resell 264,162 Interest on U.S. Treasury Securities and Interest on Obligations of Fed. Govt. 296,544 Interest on Obligations of SCM 195,983 Interest on Other Bonds, Notes, Debentures and Dividends on Stock 6,477 Income from Direct Lease Financing 22,314 Income from Fiduciary Activities 45,971 Service Charges on Deposit Accounts 135,517 Other Service Charges, Comm., Fees 63,243 Other Income 59,937 TOTAL OPERATING INCOME $3,088,981 62.0 2.7 8.6 9.6 6.4 0.2 0.7 1.5 4.4 2.0 1.9 100.0 $1,529,681 62.2 $385,808+ 51,280 2.1 32,064+ 232,124 9.5 32,038+ 224,217 9.1 72,327+ 130,581 5.3 65,402+ 7,494 13,354 41,749 119,128 61,306 47,505 $2,458,419 0.3 0.5 1.7 4.9 2.5 1.9 100.0 1,0178,960+ 4,222+ 16,389+ 1,937+ 12,432+ $630,562+ OPERATING EXPENSES Salaries and Employee Benefits $ 495,881 16.0 $ 439,444 17.9 $ 56,437+ Interest on Time Certificates of Deposit of $100,000 or More 320,349 10.4 224,983 9.2 95,366+ Interest on Deposits in Foreign Offices and Interest on Other Deposits 939,203 30.4 638,335 26.0 300,868+ Expenses of Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 326,596 10.6 239,668 9.7 86,928+ Interest of Demand Notes and Interest on Other Borrowed Money 24,202 0.8 13,349 0.5 10,853+ Interest on Subordinated Notes and Debs. 8,282 0.3 8,377 0.3 95- Net Occupancy Expense of Premises, and Furniture and Equipment Expense 142,041 4.6 123,622 5.0 18,419+ Provision for Possible Loan Loss 81,889 2.6 83,143 3.4 1,254- Other Expenses TOTAL OPERATING EXPENSES 358,431 11.6 318,526 13.0 39,905+ ~$2~,~6~96~,~887~.37~4-$-2-,0~8~9-,-4-47~~~~8-5-.-0~7$.6-0~7~,4~2~7+ INCOME BEFORE INCOME TAXES AND SECURITIES GAINS OR LOSSES $ 392,107 12.7 $ 368,972 15.0 $ 23,135+ Income Taxes INCOME BEFORE SECURITIES GAINS/LOSSES 2.4 95,891 10.3 $ 273,081 Securities Gains/Losses, Net INCOME BEFORE EXTRA EXPENSES (0.4) (7,093) 9.9 $265,988 Extraordinary Income/Expenses NET INCOME 0.0 1,495 0.1 292- 9.9 $267,483 10.9 ~4/4+ Dividends Paid or Declared NET INCOME AFTER TAXES AND DIVIDENDS 3.4 98,789 6.5 $168,694 * Percent of Total Operating Income 26 DEPARTMENT OF BANKING AND FINANCE STATE OF GEORGIA AVERAGE COMPARATIVE STATEMENT OF EARNINGS AND EXPENSES OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEARS ENDED DECEMBER 31, 1981 AND DECEMBER 31, 1980 (IN THOUSANDS) Year Nunber of Banks Averaged 1981 426 P:~rcentage 1980 435 Percentage* OPERATING I~COME In~erest and Fees on Loans Interest on Balance with Banks Interest of Federal Funds Sold and S2curities Purchased under Agreement to Resell Interest on U.S. Treasury Securities and Interest or Obligations of Fed. Government Interest on Obligations of SCM Interest on Other Bonds, Notes, Debentures and Dividends on Stock Income from Direct Lease Financing Inc9me from Fiduciary Activities Service Charges on Deposit Accounts Other Service Charges, Commissions, Fees Other Income TOTAL OPERATING INCOME $4,497 196 620 696 460 15 52 108 318 148 141 $7,251 62.0 2.7 8.6 9.6 6.4 0.2 0.7 1.5 4.4 2.0 1.9 100.0 $3,516 118 534 515 300 17 31 96 274 141 109 $5,651 62.2 2.1 9.5 9.1 5.3 0.3 0.5 1.7 4.9 2.5 1.9 100.0 OPERATING EXPENSES Salaries &Employee Benefits $1,164 Interest on Time Certificates of $100,000 or more 752 Interest on Deposits in Foreign Offices and Interest on Other Deposits 2,205 Ex~. of Federal Funds Purchased and Securities Sold Und2r Agreements to Repurchase 767 Interest of Demand Notes and Interest on Other Borrowed Money 57 Interest on Subordinated Notes and Debentures 19 Net Occupancy Expense of Premises, and Furniture and Equipment Expense 334 Provision for Possible Loan Loss 192 Other Expenses 841 TOTAL OPERATING EXPENSES -r6,331 16.0 $1,010 17. J 10.4 517 9.2 30.4 1,468 26.G 10.6 551 9.7 0.8 31 0.5 0.3 19 0.3 4.6 284 5.0 2.6 191 3.4 11.6 732 13.0 87.3 $4,803 85Jl INCOME BEFORE INCOME TAXES, ETC. 920 12.7 848 15.0 Applicable Income Taxes INCOME BEFORE SECURITIES GAINS/LOSSES 171 $ 749 2.4 220 3.9 10.3 $ 628 11. I Securities Gains/Losses, Net INCOME BEFORE EXTRA EXPENSES (34) $ 715 (0.4) 9.9 (16 ) $ 612 (0.3) 10.8 Extraordinary Income/Expense NET INCOME Dividends Paid or Declared NET INCOME AFTER TAXES AND DIVIDENDS 3 $ 718 247 $ 471 0.0 3 0.1 9.9 $ 615 10.9 3.4 227 4.0 5.5 $ 388 6.9 *Percentage of Total Operating Income 27 DEPARTMENT OF BANKING AND FINANCE STATE OF GEORGIA ABSTRACT STATEMENT OF EARNINGS AND EXPENSES (AVERAGED BY SIZE) OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEAR ENDING DECEMBER 31, 1981 (IN THOUSANDS) Number of Banks Size of Banks 81 49 Less Than $10 Million to $10 Million Percentage* $15 Million OPER,lHING INCOME Interest and Fees on Loans $464 Interest on Balance with Banks 17 Interest on Federal Funds Sold &Sec. Purchased under Agreement to Resell 137 Interest on U.S. Treasury Sec~ritics and Interest Obligations of Federal Gevt. 154 Interest on Obligations of SCM 23 Interest on Other Bonds, Notes, Debentures and Dividends on Stock 2 Income from Direct Lease Financing o Income from Fiduciary Activities o Service C~arges on Deposit Accounts 41 Other Service Charges, Comm., Fees 21 Other Income 8 TOTAL OPERATING INCOME $867 53.5 2.0 15.8 17.8 2.7 0.2 0.0 0.0 4.7 2.4 0.9 100.0 $ 918 29 214 229 73 3 o o 89 30 13 $1,598 OPERATING E~PENSES Salaries anj Employee Benefi~ $145 16.7 Interest on Time Certificates of $100,000 or more 41 4.7 Interest on Deposits in foreign Offices and Interest on Other Deposits 369 42.6 Expenses of Fed. Funds Purchased and Securities Sold Under Agreement to Repurchase 0.1 Interest on Demand Notes and Interest on Other Borrowed Money o 0.0 Interest on Subordinated Notes and Debs. o 0.0 Net Occupancy Expense of Premises, and Furniture and Equipment Expense 38 4.4 Provision for possible Loan Loss 26 3.0 Other Expenses 101 11.7 TOTAL OPERATING EXPENSES $721 83.2 t 264 100 705 2 2 1 68 41 175 $1,358 INCOME BEFORE INCOME TAXES, ETC. 146 16.8 240 Applicable Income Taxes 38 4.4 INCOME BEFO~E SECURITIES GAINS/LOSSES $108 12.4 55 $185 Securities Gains/Losses Net INCOME BEFORE EXTRA EXPENSES Extraordinary Income/Expense NET INCOME (2 ) $106 o $106 (0.2 ) 12.2 0.0 12.2 (4) $181 o $181 Dividends Paid or Declared 19 2.2 NET INCOME AFTER TAXES AND DIVIDENDS $ 87 10.0 43 $138 * Percentage of Total O~erating Income 28 Percentage* 57.4 1.8 13.4 14.3 4.6 0.2 J.O 0.0 5.6 10 , .J J.8 100.0 16.5 0.3 44.1 0.1 0.1 0.0 4.3 2.6 11.0 85.0 15.0 3.4 11.6 (0.3 ) 11.3 0.0 11.3 2.7 8.6 Ut~AKIMtNI Ut ~AN~lNb ANU tlNANLt STATE OF GEORGIA ABSTRACT STATEMENT OF EARNINGS AND EXPENSES (AVERAGED BY SIZE) OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEAR ENDING DECEMBER 31, 1981 (I N THOUSANDS) Number of Banks Size of Banks 109 $15 Million to $25 Million Percentc.ge* 121 $25 Million to $50 Mi 11 ion Percentage* OPERATING INCOME Interest and Fees on Loans $1,489 Interest on Balance with Banks 29 Interest on Fed. Funds Sold and Securities Purchased Under Agree- ment to Resell 322 Interest on U.S. Treasury Securities and Interest Obligations of Federal Government 368 Interest on Obligations of SCM 128 Interest on Other Bonds, Notes, Debentures and Dividends on Stock 4 Income from Direct Lease Financing 0 Income from Fiduciary Activities 0 Service Ch~rges on Deposit Accounts 141 Other Service Charges, Commissio~s, Fees 44 Other Income 22 TOTAL OPERATING INCOME $2,547 58.5 1.1 12.6 14.5 5.0 0.2 0.0 0.0 5.5 1.7 O.S 100.0 $2,594 63 439 660 301 6 2 3 215 71 41 $4,395 59.0 1.4 10.0 15.0 6.9 0.1 0.1 0.1 4.9 1.6 0.9 100.0 OPERATING EXPENSES Salaries and Employee Benefits $ 391 15.3 $ 662 15.1 Interest on Time Certificates of $100,000 or More 218 8.6 467 10.6 Interest on Deposits in Foreign Offices and Interest on Other Deposits 1,095 43.0 1,859 42.3 Expense of Fed. Funds Purchased and Securities Sold Under Agreement to Repurchase 5 0.2 27 0.6 Interest of Demand Notes and Interest on Other Borrowed Money 2 0.0 17 0.4 Interest on Subordinated Notes and Debentures 4 0.2 10 0.2 Net Occupancy Expense of Premises, and Furniture and Equipment Expense 99 3.9 182 4.2 Provision for Possible Loan Loss 62 2.~ 92 2.1 Other Exper.ses 272 10.7 428 9.7 TOTAL OPERATING EXPENSES $2,148 84.3 $3,744 85.2 INCOME BEFORE INCOME TAXES, ETC. 399 15.7 651 14.8 Applicable Income Taxes 99 3.S 139 3.2 INCOME BEFORE SEC. GAINS/LOSSES $ 300 11.8 $ 512 11.6 Securities Gains/Losses, Net INCOME BEFORE EXTRA EXPENSES (13) $ 287 (0.5) 11.3 (16) $ 496 (0.3) 11.3 Extraordinary Income/Expense NET INCOME 2 0.0 0 0.0 $ 289 11.3 $ 496 11.3 Dividends ?aid or Declared 64 2.5 140 3.2 NET INCOME AFTER TAXES AND DIVIDENDS $ 225 8.8 $ 356 8. 1 *Percentage of Total Operating Income 29 DEPARTMENT OF BANKING AND FINANCE STATE OF GEORGIA ABSTRACT STATEMENT OF EARNINGS AND EXPENSES (AVERAGED BY SIZE) OF STATE AND NATIONAL BANKS IN GEORGIA FOR CALENDAR YEAR ENDING DECEMBER 31, 1981 (IN THOUSANDS) Number of Banks Size of Banks 39 $50 Mi 11 ion to $100 Million Percentage* 27 $100 Mi 11 ion and Over Percentage* OPERATING INCOME Interest and Fees on Loans Interest on Balance with Banks Interest on Fed. Funds Sold and Securities Purchased under Agreement to Resell Interest on U.S. Treasury Securities and Interest Obligations of Federal Government Interest on Obligations of SCM Interest on Other Bonds, Notes, Debentures and Dividends on Stock Income from Direct Lease Financing Income from Fiduciary Activities Service Charges on Deposit Accounts Other Service Charges, Commissions, Fees Other Income TOTAL OPERATING INCOME $4,971 124 677 1,067 541 8 1 24 439 123 80 $8,055 61.7 1.5 8.4 13.4 6.7 0.0 0.0 0.3 5.5 1.5 1.0 100.0 $43,072 2,405 4,737 4,118 4,411 176 815 1,655 2,568 1,549 1,785 $67,291 64.0 3.6 7.0 6.1 6.6 0.3 1.2 2.5 3.8 2.3 2.6 100.0 OPERATING EXPENSES Salaries and Employee Benefits $1,273 "15.8 $11 ,070 16.5 Interest on Time Certificates of $100,000 or More 896 11. 1 7,292 10.8 Interest on Deposits in Foreign Offices and Interest on Other Deposits 3,117 38.7 15,145 22.5 Expense of Fed. Funds Purchased and Securities Sold Under Agreement to Repurchase 127 1.6 11 ,767 17.5 Interest of Demand Notes and Interest on Other Borrowed Money 27 0.3 769 1.1 Interest on Sub. Notes and Debentures 28 0.3 201 0.3 Net Occupancy Expense of Premises, and Furniture and Equipment. Expense 358 4.4 3,291 4.9 Provision for Possible Loan Loss 201 2.5 1,926 2.9 Other Expenses 878 11.0 8,371 12.4 TOTAL OPERATING EXPENSES $6,905 85.7 $59,832 88.9 INCOME BEFORE INCOME TAXES, ETC. 1,150 14.3 7,459 11. 1 Applicable Income Taxes 240 3.0 1,114 1.7 INCOME BEFORE SEC GAINS/LOSSES $ 910 11.3 $6,345 9.4 Securities Gains/Losses, Net INCOME BEFORE EXTRA EXPENSES Extraordinary Income/Expense NET INCOME (44) $ 866 o $ 866 (0.5) 10.8 0.0 10.8 (336) $6,009 36 $6,045 (0.4) 9.0 0.0 9.0 Dividends Paid or Declared 378 4.7 2,327 3.5 NET INCOME AFTER TAXES AND DIVIDENDS $ 488 6.1 $3,718 5.5 *Percentage of Total Operating Income 30 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS DECEMBER 31, 1981 HOLDING COMPANIES &SUBSIDIARY BANKS APPROVED OR REGISTERED FIRST STATE CORPORATION, Albany First State Bank &Trust Company, Albany State Bank of Leesburg, Leesburg SOUTH BANKING COMPANY, Alma Alma Exchange Bank &Trust, Alma Citizens State Bank, Kingsland FIRST NATIONAL FINANCIAL CORP., Athens The First National Bank of Athens, Athens BANK SOUTH CORPORATION, Atlanta Bank of the South, N. A., Atlanta Bank of the South, Gwinnett County, Duluth Bank of the South, Clayton County, Forest Park Cobb Bank and Trust Company, Smyrna CDB CORP., Atlanta Citizens DeKa1b Bank, Clarkston CITIZENS AND SOUTHERN GEORGIA CORPORATION, Atlanta The Citizens and Southern Bank of Albany, Albany The Citizens and Southern Bank of Dublin, Dublin The Citizens and Southern Bank of West Georgia, LaGrange The Citizens and Southern Newnan Bank, Newnan The Citizens and Southern Bank of Thomaston, Thomaston The Citizens and Southern National Bank of Savannah, Savannah CITIZENS BANCSHARES CORPORATION, Atlanta Citizens Trust Bank, Atlanta FBH CORP., Atlanta FIRST CORNELIA CORPORATION, Cornelia First Bank of Habersham, Cornelia FIRST ATLANTA CORPORATION, Atlanta The First National Bank of Atlanta, Atlanta The First National Bank of Dalton, Dalton First Bank of Savannah, Savannah 2-04-81 2-04-81 2-04-81 11-20-80 11-20-80 11-21-80 8-18-81 * 8-18-81 * 7-01-76 7-01-76 8-01-77 11-17-77 10-28-81 * 11-07-80 11-07-80 7-01-76 7-01-76 7-01-76 7-01-76 7-01-76 7-01-76 11-03-80 7-01-76 7-01-76 11-07-80 7-01-76 11-07-80 7-01-76 7-01-76 3-10-77 12-01-76 * Incomplete on December 31, 1981. 31 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS - DECEMBER 31, 1981 HOLDING COMPANIES &SUBSIDIARY BANKS APPROVED OR REGISTERED FMB CORP., Atlanta Farmers &Merchants Bank, Summerville GRP, INC., Atlanta First Bank &Trust Co., Marietta ROSWELL BANCSHARES, INC., Atlanta Roswell Bank, Roswell TGB CORP., Atlanta The Gordon Bank, Gordon TRUST COMPANY OF GEORGIA, Atlanta The First National Bank of Albany, Albany Trust Company Bank, Atlanta The First National Bank &Trust Company of Augusta, Augusta The Commercial Bank, Bowdon The First National Bank of Brunswick, Brunswick The National Bank and Trust Company of Columbus, Columbus Trust Company Bank of Rockdale, Conyers Trust Company Bank of Douglas County, Douglasville The First National Bank of Wayne County, Jesup Trust Company Bank of Clayton County, Jonesboro Trust Company Bank of Gwinnett County, Lawrenceville Trust Company Bank of Middle Georgia, N. A., Macon First National Bank of McDonough, McDonough The First Natio~al Bank of Rome, Rome Trust Company of Georgia Bank of Savannah, N. A., Savannah Trust Company Bank of Cobb County, N. A., Smyrna FIRST RAILROAD &BANKING COMPANY OF GEORGIA, Augusta First Georgia Bank, Atlanta Georgia Railroad Bank &Trust Company, Augusta Bank of Dalton, Dalton Commercial Bank of Cobb County, Marietta First National Bank in Newnan, Newnan PORT CITY HOLDING COMPANY, Bainbridge The First Port City Bank, Bainbridge UNITED BANK CORPORATION, Barnesville Lamar State Bank, Barnesville The Crawford County Bank, Roberta The Bank of Zebulon, Zebulon 11-07-80 11-07-80 9-17-81 9-17-81 11-07-80 11-07-80 11-07-80 11-07-80 7-01-76 4-06-77 7-01-76 4-27-78 3-18-80 4-06-77 4-27-78 12-19-79 10-25-79 3-13-78 12-17-76 2-26-79 4-27-78 8-28-80 4-27-78 4-27-78 9-23-76 7-01-76 10-12-78 7-01-76 10-25-79 10-25-79 12-21-81 8-11-81 * 8-11-81 * 11-25-81 11-25-81 11-25-81 11-25-81 * Incomplete on December 31, 1981. 32 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS - DECEMBER 31, 1981 HOLDING COMPANIES & SUBSIDIARY BANKS APPROVED OR REGISTERED AMERICAN TRADING COMPANY, Brunswick State Bank of Kingsland, Kingsland 7-01-76 7-01-76 FCB CORP., Buford First Commercial Bank, Buford 11-07-80 11-07-80 FARMERS BANCSHARES, INC., Cadwell Farmers State Bank, Cadwell 7-24-79 7-24-79 DAVIS MEMORIAL FUND, Cairo Cairo Banking Company, Cairo 7-01-76 7-01-76 GRADY HOLDING COMPANY, Cairo First National Bank of Grady County, Cairo 6-30-78 6-30-78 P & C BANK SHARES, INC., Camilla Planters & Citizens Bank, Camilla 12-30-80 12-30-80 FIRST BANKS, INC., Carnesville First Bank and Trust, Carnesville Bank of Toccoa, Toccoa 4-13-81 4-13-81 4-13-81 PEOPLES EQUITY SHARES, INC., Carrollton The Peoples Bank, Carrollton 12-05-80 12-05-80 SOUTHEASTERN BANCSHARES, INC., Cartersville The First National Bank of Cartersville, Cartersville 8-14-81 8-14-81 PEAC~TREE BANCSHARES, INC., Chamblee Peachtree Bank and Trust Company, Chamblee 8-08-80 8-08-80 UNION INVESTMENT COMPANY, INC., Colquitt Citizens Bank, Colquitt 7-01-76 7-01-76 CB&T BANCSHARES, INC., Columbus Security Bank and Trust Company of Albany, Albany Sumter Bank and Trust Company, Americus Columbus Bank and Trust Company, Columbus Commercial Bank & Trust Company of Troup County, LaGrange The Coastal Bank of Georgia, St. Simons Island Commercial Bank, Thomasville First State Bank and Trust Company of Valdosta, Valdosta 7-01-76 1-03-79 4-24-80 7-01-76 9-07-76 9-18-81 9-07-76 11-05-81 FIRST SOUTH BANKCORP, Columbus The First National Bank of Columbus, Columbus Farmers and Merchants Bank, Pine Mountain 7-15-80 7-15-80 5-12-81 33 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS - DECEMBER 31, 1981 HOLDING COMPANIES &SUBSIDIARY BANKS APPROVED OR REGISTERED FIRST COMMERCE BANCORP, INC., Commerce The First National Bank of Commerce, Commerce COMMUNITY BANKSHARES, INC., Cornelia Cornelia Bank, Cornelia CUMMING BANCSHARES, INC., Cumming Bank of Cumming, Cumming HARDWICK HOLDING COMPANY, Dalton Hardwick Bank &Trust Company, Dalton FIDELITY SOUTHERN CORPORATION, Decatur Fidelity National Bank, Decatur SOUTHERN BANCSHARES, INC., Douglas The Farmers Bank, Douglas The Farmers Bank, Locust Grove THORNTON HOLDING COMPANY, INC., Douglasville Douglas County Bank, Douglasville 10-27-81 * 10-27-81 * 3-12-81 3-12-81 10-20-80 10-20-80 9-23-80 9-23-80 12-18-79 12-18-79 3-26-81 3-26-81 3-26-81 12-17-81 12-17-81 DUBLIN BANCSHARES, INC., Dublin The Morris State Bank, Dublin MIDDLE GEORGIA CORPORATION. Ellaville Bank of Ellaville. Ellaville SOUTHEASTERN BANKING CORPORATION, Folkston Citizens Bank, Folkston PERSONS BANKING COMPANY, INC., Forsyth The Farmers Bank, Forsyth The Peoples Bank, Lithonia The Bank of Perry, Perry 3-05-80 3-05-80. 5-08-81 5-08-81 4- 14-81 4- 14-81 8-22-80 8-22-80 8-22-80 3-31-81 CATOOSA BANCSHARES, INC., Fort Oglethorpe Fort Oglethorpe State Bank, Fort Oglethorpe 12-15-80 12-15-80 BANK CORPORATION OF GEORGIA, Fort Valley Bank of Fort Valley, Fort Valley First State Bank, Marshallville 5-13-80 5-13-80 5-13-80 FIRST NATIONAL BANCORP, Gainesville The First National Bank of Gainesville, Gainesville 5-11-81 5-11-81 FIRST CITIZENS BANKSHARES, INC., Glennville First Citizens Bank, Glennville 12-16-80 12-16-80 * Incomplete on December 31, 1981. 34 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS - DECEMBER 31, 1981 HOLDING COMPANIES &SUBSIDIARY BANKS APPROVED OR REGISTERED BLAKELY INVESTMENT COMPANY, Griffin COMMERCIAL BANKSHARES, INC., Griffin First Citizens Bank, Fayetteville Commercial Bank &Trust Company, Griffin Bank of Hampton, Hampton Commercial Bank of Pike County, Zebulon 7-23-79 8-08-78 9-09-81 8-08-78 10-22-79 8-08-78 CAPITAL BANKSHARES CORPORATION, Hapeville Capital City Bank, Hapeville 10-30-81 * 10-30-81 * NORTHWEST GEORGIA BANKSHARES, INC., LaFayette Walker County Bank, LaFayette 12-16-81 12-16-81 FIRST GWINNETT BANCSHARES, INC., Lawrenceville The First National Bank of Gwinnett County, Lawrenceville 11-17-80 11-17-80 SOUTH GEORGIA BANKSHARES CORP., Lyons The Peoples Bank of Lyons, Georgia, Lyons 12-17-80 12-17-80 CENTRAL OF GEORGIA BANCSHARES, INC., Macon Central Bank of Georgia, Macon 12-04-81 * 12-04-81 * GEORGIA BANCSHARES, INC., Macon Georgia Bank and Trust Company, Macon The Farmers National Bank of Monticello, Monticello First National Bank of Houston County, Perry 9-28-78 9-28-78 1- 13-81 12-19-79 FIRST CITY BANCORP, INC., Marietta The First National Bank of Cobb County, Marietta 12-02-80 12-02-80 J. L. PILCHER &SONS, INC., Meigs Bank of Meigs, Meigs 7-01-76 7-01-76 CENTRAL AND SOUTHERN HOLDING COMPANY, Milledgeville The Citizens and Southern Bank of Milledgeville, Milledgeville 3-06-81 3-06-81 ABC HOLDING COMPANY, Moultrie American Banking Company, Moultrie 3-23-81 3-23-81 SOUTHWEST GEORGIA FINANCIAL CORPORATION, Moultrie Moultrie National Bank, Moultrie 11-18-80 11-18-80 FSB BANCORP, INC., Peachtree City The Fayette State Bank, Peachtree City PINEVIEW BANCSHARES, INC., Pineview Pineview State Bank, Pineview 8-08-80 8-08-80 10-06-81 * 10-06-81 * * Incomplete on December 31, 1981. 35 REGISTERED BANK HOLDING COMPANIES AND THEIR SUBSIDIARY BANKS - DECEMBER 31, 1981 HOLDING COMPANIES &SUBSIDIARY BANKS APPROVED OR REGISTERED QUITMAN BANCSHARES, INC., Quitman Bank of Quitman, Quitman 7-13-81 7-13-81 CCB CORP., Riverdale Clayton County Bank, Riverdale 11-07-80 11-07-80 SBT CORPORATION, Savannah Savannah Bank and Trust Company of Savannah, Savannah Bank of Screven County, Sylvania First National Bank of Valdosta, Valdosta First National Bank and Trust Company, Vidalia Commercial Bank, Waycross 1-31-78 1-31-78 10-18-78 12-29-80 5-23-80 1-10-80 SOUTHERN BANK HOLDING COMPANY, Savannah Southern Bank and Trust Company, Savannah 6-09-77 6-09-77 GWINNETT HOLDING CORPORATION, Snellville Gwinnett County Bank, Snellville 12-16-80 12-16-80 SOPERTON NAVAL STORES, INC., Soperton The Bank of Soperton, Soperton 7-01-76 7-01-76 CENTRAL BANKING COMPANY, Swainsboro The Central Bank, Swainsboro 10-07-81 10-07-81 WEST GEORGIA FINANCIAL CORPORATION, Tallapoosa West Georgia Bank of Tallapoosa, Tallapoosa 10-12-78 10-12-78 CARROLL COUNTY FINANCIAL CORPORATION, Temple Bank of Carroll County, Temple 10-22-79 10-22-79 ALTAMAHA BANCSHARES, INC., Uvalda Altamaha Bank and Trust Company, Uvalda SOUTHERN BANCORP, INC., Waycross Southern Bank, Waycross 11-03-80 11-03-80 10-21-81 * 10-21-81 * ATKINSON COUNTY BANKSHARES CORPORATION, Willacoochee The Peoples Bank, Willacoochee 9-18-80 9-18-80 * Incomplete on December 31, 1981. 36 ATLANTA INTERNATIONAL BANK AGENCIES NAME OF AGENCY LI CENSE DATE NO. ISSUED RENEWED Barclays Bank International Limited 1 6-11-76 0-11-81 (United Kingdom) The Bank of Nova Scotia (Canada) 2 5-27-77 5-27-81 Algemene Bank Nederland, N. V. (Netherlands) 3 6-24-77 6-24-81 Swiss Bank Corporation (Swi tzerl and) 4 7-14-77 7-14-81 Canadian Imperial Bank of Commerce (Canada) 5 4-05-78 4-05-81 Commerzbank Aktiengellschaft (Federal Republic of Germany) 6 10-31-78 10-31-81 Credit Suisse (Switzerland) 7 11-27-78 11-27-81 The Toronto-Dominion Bank (Canada) 8 2-23-79 2-23-81 Lloyds Bank International Limited (England) 9 4-13-79 4-13-81 Kredietbank, N. V. (Belgium) 10 3-20-80 3-20-81 Credit Lyonnais ( France) 11 11-06-80 11-06-81 Union Bank of Bavaria (West Germany) 12 12-01-80 12-01-81 Standard Chartered Bank Limited (England) 13 10-19-81 N/A * Operating as Representative Office ONLY on December 31, 1981. TOTAL GEORGIA ASSETS $ 65,970,000 277 ,892,000 174,404,000 83,571,000 408,437,000 63,966,000 * 831,255,000 27,877,000 * * 82,391,000 21,000 INTERNATIONAL BANK FACILITY PERMIT PARENT BANK &ADDRESS LOCATION OF FACILITY The Citizens and Southern National Bank 35 Broad Street, N. W. Atlanta, GA 30303 35 Broad Street, N. W. Atlanta, GA 30303 PERMIT NO. 1 ISSUED 12-22-81 37 SUt1NARY OF ACTIVITIES OF BAtiKS - Continued ATLANTA REPRESENTATIVE OFFICES OF INTERNATIONAL BANKS NAME OF PARENT BANK LOCATION Banca Nazionale del Lavoro '" Italy Banco do Brasil S. A............................................... Brazil The Bank of Tokyo, Ltd............................................. Japan REPRESENTATIVE OFFICES OF DOMESTIC BANKS NAME AND ADDRESS OF PARENT BANK OFFICE LOCATION Bank of America NT &SA San Francisco, California Columbus Bank and Trust Company, Columbus, Georgia dba The Georgi a -Company Continental Illinois National Bank and Trust Company of Chicago Chicago, Illinois The First National Bank of Chicago Chicago, Illinois Security Pacific National Bank Los Angeles, California . Atlanta . Savannah . Atlanta . Atlanta . Atlanta 38 SUMMARY OF ACTIVITIES OF CREDIT UNIONS CREDIT UNION CHARTER APPLICATIONS APPROVED NAME OF CREDIT UNION LOCATION Ga. Christian Church Extension Foundation Credit Union Christian Churches Credit Union (new name) Good Life Credit Union Day Company Inc, Employees Credit Union Kennestone Regional Credit Union Cumberland Credit Association Stratton Industries Credit Association Attapulgus Employees Credit Union Tom's Credit Association Northwest Georgia Teachers Credit Union Warner Robins Warner Robins Albany Cuthbert Marietta Chatsworth Cartersvi 11 e Attapulgus Columbus Rome APPLICATIONS FOR VOLUNTARY LIQUIDATIONS AND/OR MERGERS NAME OF CREDIT UNION LOCATION ACTIVITY APPROVED AMCO Credit Union Atlanta Voluntary Liquidation 6-23-81 RECEIVERSHIP LIQUIDATIONS NAME or CREDIT UNION LOCATION Augusta Plant, TRW United Augusta Greenfield Divisions, Employees' Credit Union Unpaid Claims. . . . Liquidation Expenses Payable. . Estimated Value of Remaining Assets R. E. A. Employees Credit Union Atlanta Unpaid Claims . . . Estimated Value of Remaining Assets Marion Manufacturing Credit Union Atlanta Unpaid Claims Estimated Value of Remaining Assets . SAV Employees' Credit Union Atlanta Unpaid Claims . Liquidation Fees Payable Estimated Value of Remaining Assets . 39 CLOSED 3-09-79 12-08-75 5-15-81 9-23-76 APPROVED 4-22-80 8-06-81 12-03-80 6-02-81 6-02-81 9-28-81 10-16-81 10-30-81 10-30-81 11-23-81 COMPLETED 12-10-81 RECEIVER OR DEPUTY RECEIVER GCUDIC $26,219.88 820.16 12,146.68 Department of Banking &Finance $ 7,161.02 -0- GCUDIC $19,464.93 14,943.52 GCUDIC $23,657.64 227.72 2,063.99 SUMMARY OF ACTIVITIES OF CREDIT UNIONS - Continued RECEIVERSHIP LIQUIDATIONS NAME OF CREDIT UNION LOCATION TEXACOTE Credit Union Dalton Unpaid Claims. . Liquidation Expense Payable . Estimated Value of Remaining Assets DOl Employees' Credit Union Dalton Unpaid Claims. . . . . Liquidation Expense Payable . . Estimated Value of Remaining Assets CLOSED 3-05-80 7-29-80 RECEIVER OR DEPUTY RECEIVER GCUDIC $ 510.00 1,074.93 7,637.43 GCUDIC $ 7,727.67 -0- 11 ,479.29 SUMMARY OF ACTIVITIES OF SAVINGS AND LOAN ARTICLES OF INCORPORATION FOR APPROVED SAVINGS AND LOAN NAME OF SAVINGS AND LOAN Cobb Savings and Loan Association Rockdale Savings and Loan Association LOCATION Marietta Conyers APPROVED DATE 1-05-81 8-05-81 40 SUMMARY OF ADDITIONS AND DELETIONS DURING 1981 STATE-CHARTERED CREDIT UNIONS IN OPERATION JANUARY 1, 1981 . . . CREDIT UNIONS OPENING DURING YEAR Christian Churches Credit Union Warner Robins Good Life Credit Union Albany Day Company Inc, Employees Credit Union Cuthbert Kennestone Regional Credit Union Marietta Cumberland Credit Association Chatsworth Stratton Industries Credit Association Cartersville Attapulgus Employees Credit Union Attapulgus Tom's Credit Association Columbus Northwest Georgia Teachers Credit Union Rome CREDIT UNIONS DELETED BY MERGERS AND LIQUIDATIONS Marion Manufacturing Credit Union Atlanta AMCO Credit Union Atlanta TOTAL ACTIVE CREDIT UNIONS IN OPERATION DECEMBER 31, 1981 41 . 169 +9 -2 176 CITY Albany Albany Albany Albany Albany Americus Athens Athens Athens Athens Atlanta Atlanta Atlanta ~ N Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta COUNTY Dougherty Dougherty Dougherty Dougherty Dougherty Sumter Clarke Clarke Clarke Clarke Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton Cobb DeKa1b Fulton Fulton Cobb Cobb **AMOUNTS IN THOUSANDS LIST OF STATE CREDIT UNIONS NAME OF CREDIT UNION Albany Federal Employees Carlton Good Life Keenan Phoebe Putney Employees' Sumter County Teachers AGH Employees' Athens Division C. C. E. A. Dairy-Pak Athens A D Co. Employees Amarlite Employees American Freight System Employees AMILSCO ARMCO Associated Atlanta City Employees Atlanta Coca-Cola Bottling Co. Employees' Atlanta Cooperative Credit Association Atlanta Postal Atlanta Railway Postal Clerks Atlanta Teachers Atlantic Steel Chevron Southern DayCo Delta Employees DuPont Atlanta Employees' Employes, Swift and Company The Federal Employees CHARTER DATE 12-14-33 8-11-53 12-08-80 12-29-36 5-15-74 4-04-36 10-28-75 3-07-29 5-18-59 3-25-57 4-10-53 9-10-80 11-07-80 2-24-60 3-17-48 1-23-56 8-30-28 5-04-73 2-02-39 11-03-25 3-15-28 11-26-26 11-26-26 11-23-33 10-31-75 3-08-40 8-12-49 4-27-33 3-31-30 TOTAL ASSETS** 1 ,974 89 71 674 293 150 109 771 219 128 410 69 8,813 30 83 8,711 5,783 2,969 190 74,422 4,838 8,790 4,696 928 665 130,449 314 219 41,892 CITY Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta +w:> Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta COUNTY Fulton DeKa 1b Fulton Fulton Fulton Fulton Cobb Ful ton Fulton Fulton DeKa 1b Cobb Fulton Fulton Fulton Fulton Fulton DeKa 1b Fulton DeKa 1b DeKal b Fulton Fulton DeKa 1b Fulton Fulton Fulton Fulton Fulton Fulton Ful ton **AMOUNTS IN THOUSANDS LIST OF STATE CREDIT UNIONS NAME OF CREDIT UNION Fulton Teachers Georgia Central Georgia Department of Human Resources Georgia Department of Public Safety Georiga DOT Georgia LS.A. Georgia International Georgia State Department of Education Georgia Telco G. H. E. Employees GTA John J. Harte Associates H MB Employees Hospital Authority Employees IBEW Local 613 Journal-Constitution Employees Mead Packaging Employees' Mr. Friendly Munford Employees Mutual Savings Orange Disc Piedmont Hospital Presbyterian Center Reliance Rich's Employees Ruralist Sewell Employees' S. M. C. R. C. Southern Freight Bureau Employees State Employees The Thrift CHARTER DATE 11-02-30 5-01-36 7-30-51 6-22-70 11-19-51 1-05-40 12-10-62 3-15-54 12-06-43 8-21-80 10-01-75 3-28-74 1-11-73 5-15-46 7-21-80 4-30-28 4-30-28 6-23-58 6-14-73 12-23-33 10-07-41 3-29-74 11-26-56 1-23-78 3-04-38 8-06-47 1-14-75 1-10-39 11-19-35 11-14-61 10-24-28 TOTAL ASSETS** 4,142 89,071 3,004 1,334 5,819 2,203 409 5,444 111 ,003 1 ,796 1,295 56 437 1 ,793 775 3,690 2,218 92 383 7,708 868 420 99 5,055 10,050 219 424 237 424 7,521 5,415 CITY Atlanta Atlanta Atlanta Atlanta Attapulgus Augusta Augusta Augusta Augusta Bainbridge Baldwin Brunswick .j:::> .j:::> Ca 1houn Calhoun Cartersville Chamblee Chatsworth College Park Columbus Columbus Columbus Columbus Columbus Columbus Columbus Columbus Columbus COUNTY Fulton Fulton Fulton Fulton Decatur Richmond Richmond Richmond Richmond Decatur Banks Glynn Gordon Gordon Bartow DeKa1 b Murray Fulton Muscogee Muscogee Muscogee Muscogee Muscogee Muscogee Muscogee Muscogee Muscogee **AMOUNTS IN THOUSANDS LIST OF STATE CREDIT UNIONS NAME OF CREDIT UNION United Family Employees USSAC White Columns WILLIAMS BROS. Employees' Savings and Credit Association Attapulgus Employees GPC Health Center King Mill Savings &Credit Association Richmond County Health Department Employees Bainbridge Mills Credit Association Fieldale Glynn County Federal Employees Calhoun-Gordon County Educators' Crown Crafts, Inc. Employees Stratton Industries Credit Association Lay Employees Savings and Loan Cumberland Credit Association Associated Grocers W. C. Bradley Employees' Credit Association Columbus Coca-Cola Employees Columbus Health &Hospital Columbus Postal Columbus Regional Hospital "CPC" Gas Light Employees Swift Tom's Credit Association CHARTER DATE 8-07-56 3-24-33 6-11-64 9-20-78 11-05-81 6-10-74 1-16-76 6-20-57 12-20-52 1-31-75 10-10-80 4-03-53 1-14-75 6-11-76 10-20-81 9-04-51 10-02-81 6-29-32 9-30-75 10-06-48 11-25-53 1-07-27 7-18-75 2-15-73 11-12-57 2-26-65 11-03-81 TOTAL ASSETS** 252 807 323 648 0 266 761 1 ,915 261 230 547 3,374 119 177 0 1 ,480 0 1 ,041 117 72 710 7,412 74 20 245 967 0 CITY COUNTY Cordele Crisp Cornelia Habersham Cornelia Habersham Cuthbert Randolph Da1 ton Whitfield Dalton Whitfield Dalton Whitfield Decatur DeKa 1b Decatur DeKa1 b Decatur DeKa1 b Decatur DeKa1 b Decatur DeKa1 b Doravi 11 e DeKa1 b ~ (Jl Doravi lle Gwinnett Douglas Coffee Dry Branch Bibb Dublin Laurens Eastman Dodge East Point Fulton East Point Fulton East Point Fulton East Point Fulton Fitzgerald Ben Hill Forest Park Clayton Fort McPherson Fulton Gainesville Hall Ga i nesvi11 e Hall Gordon Wil kinson Griffin Spalding **AMOUNTS IN THOUSANDS LIST OF STATE CREDIT UNIONS NAME OF CREDIT UNION Harris Employees Ethicon Statco Day Company Inc, Employees N. G. E. M. C. Tappan Employees Whitfield County Postal Employees Decatur Employees' Decatur Postal Employees Decatur Teachers Kraft Employees The Woodco F. D. &L. Employees Gaylord Employees' Coffee General Hospital Employees Georgia Kaolin Employees Dublin Federal Employees Stuckey's Employees' Association Colonial Stores Employees East Point Municipal Employees Perry Communications WASE P. H. P. Credit Association Sexton Atlanta Employees Fort McPherson CITISCO Credit Association HCH Employees' Freeport Kaolin Employees' Launderers &Cleaners CHARTER DATE 5-19-47 1-30-79 1-18-65 6-10-81 8-27-52 5-06-80 3-02-51 12-31-79 10-30-51 11-16-55 5-29-34 6-17-53 6-03-45 2-14-55 3-03-72 1-08-51 1-16-51 10-04-60 8-13-29 3-06-41 8-27-62 5-14-62 4-05-76 1-12-45 7-23-48 8-14-62 10-15-74 5-15-79 3-09-72 TOTAL ASSETS** 291 419 417 15 194 45 356 39 1,115 340 3,899 130 843 199 85 451 654 77 9,350 318 297 66 484 88 4,770 28 213 205 1,181 LIST OF STATE CREDIT UNION CITY COUNTY NAME OF CREDIT UNION Hapeville Hazlehurst Hazlehurst Helen Jackson Jonesboro Jonesboro LaFayette LaGrange Macon Macon Macon ~ O'l Macon Macon Macon Macon Macon Macon Macon Marietta Marietta McIntyre Mi 11 edgevi11 e Mi 11 edgev i 11 e Monroe Montezuma Moultrie Nashvill e Fulton Jeff Davis Jeff Davis White Butts Clayton Clayton Walker Troup Bibb Bibb Bibb Bibb Bibb Bibb Bibb Bibb Bibb Bibb Cobb Cobb Wilkinson Baldwin Baldwin Walton Macon Colquitt Berrien Hapeville Employees' Hand S Employees Credit Association Patchogue-Plymouth Employees Credit Association ORBIT SAVINGS &CREDIT ASSOCIATION CGEMC Employees C. C. B. E. Employees Clayton Cities &County Employees Roper LaFayette Employees' West Central Georgia Educators' City Employees Concrete Federal Employees Georgia Kraft Employees Macon Firemen's Macon Police Macon Water Works Medical Center of Central Georgia The Proctor &Gamble Macon Employees Smith and Sons Employees C-MAR Kennestone Regional Engelhard Employees' Baldwin County Hospital Employees Central State Hospital Champion Employees' Credit Association Southern Frozen Employees Employes, Swift &Company Nashville Mills Employees *CONVERTED FROM FEDERAL TO STATE CHARTER **AMOUNTS IN THOUSANDS CHARTER DATE 3-29-79 8-02-72 8-15-68 9-27-77 9-09-53 12-30-57 1-05-71 3-29-74 11-27-73 2-28-51 4-02-80 2-01-26 1-31-49 4-18-42 10-02-50 7-11-50 12-01-71 3-12-46 6-07-73 10-29-64 6-10-81* 3-04-80 1-06-58 8-28-52 8-19-77 11-22-72 4-24-33 11-21-72 TOTAL ASSETS** 175 112 1 ,492 147 180 1 ,430 1,372 125 35 225 90 1 ,918 2,878 191 282 134 1 ,050 528 236 2,677 784 113 361 6,339 277 164 109 617 LIST OF STATE CREDIT UNIONS CITY COUNTY NAME OF CREDIT UNION CHARTER DATE Norcross Norcross Pine Mountain Ringgold Rome Rome Rome Savannah Savannah Savannah Savannah Savannah Savannah .~ ....... Savannah Savannah Savannah Savannah Savannah Sea Island Statesboro Tallapoosa Thomasville Thomasville Toccoa Toccoa Tucker Valdosta Valdosta Vidalia Warner Robins Warner Robins Wrens Gwinnett Gwinnett Harris Catoosa Floyd Floyd Floyd Chatham Chatham Chatham Chatham Chatham Chatham Chatham Chatham Chatham Chatham Chatham Glynn Bulloch Haralson Thomas Thomas Stephens Stephens DeKa1 b Lowndes Lowndes Toombs Houston Houston Jefferson Genuine Parts Rock-Tenn Company Employees Callaway Gardens Salem Carpet Mills Floyd County Postal Employees Northwest Georgia Teachers Rome Kraft Employees Family Lines Credit Union of Savannah G. P. A. Health Employees Chatham County Savannah Electric and Power Employees Savannah Federal Savannah J-Mers Savannah Postal Savannah Regional Hospital Savannah Transit Southern States Employees Workmen's Circle Sea Island Employees Bulloch County School Employees Dixisteel Davis Industries Credit &Savings Association Flowers Employees Credit League Vermont American Employees' Wright Manufacturing Employees Doctors Hospital Employees' Valdosta Educators Valdosta Onized Oxford Employees Christian Churches Warner Robins Employees Georgia-Tenness~e Mining and Chemical Employees 1-25-37 7-30-74 7-26-77 7-06-73 4-17-26 11-25-81* 3-31-55 12-29-28 11-17-52 8-01-55 4-11-39 6-10-31 9-18-64 6-23-52 4-17-72 1-03-46 12-03-70 2-06-50 5-27-80 6-21-74 4-13-62 10-13-70 11-17-71 3-04-80 11-18-63 7-29-74 11-28-72 7-30-54 12-09-76 4-28-80 10-09-69 3-31-70 *CONVERTED FROM FEDERAL TO STATE CHARTER **AMOUNTS IN THOUSANDS TOTAL ASSETS** 493 411 295 389 480 3,313 4,382 2,563 1 ,126 622 1 ,280 545 221 1 ,662 279 101 100 1 ,026 1 ,814 536 488 212 2,405 225 1 ,324 234 462 4,103 517 223 453 25 ABSTRACT OF REPORTS OF CONDITION STATE-CHARTERED CREDIT UNIONS AS OF DECEMBER 31, 1981 WITH COMPARATIVE STATEMENT AS OF DECEMBER 31, 1980 (Amounts in thousands) DEC. 31 1981 %* ASSETS Cash on hand and in banks $ 7,164 1.0 Shares, deposits, certif. in banks and S &Lis 36,596 5.4 Shares, deposits and certif. in other credit unions U.S. Government Obligations Federal Agency Securities 86,772 12.8 4,523 0.7 34,372 5.1 Common Trust Investments Other Investments Loans 3,756 0.6 32,099 4.7 460,020 68.0 Other Assets 11 ,586 1.7 TOTAL ASSETS $676,888 100.0 DEC. 31 1980 %* $ 5,813 0.9 42,525 6.9 33,313 5.4 9,495 1.5 35,417 5.7 5,572 0.9 29,617 4.8 449,234 72.6 8,005 1.3 $618,991 100.0 AMOUNT PERCENT Increase+ Increase+ Decrease- Decrease- $ 1,351+ 5,929- 53,459+ 4,9721,0451,8162,482+ 10,786+ 3,581+ $57,897+ 23.2+ 13.9- 160.5+ 52.43.032.68.4+ 2.4+ 44.7+ 9.4+ LIABILITIES Member savings deposits, and certificates Accounts Payable and other liabilities Notes Payable TOTAL LIABILITIES $624,127 92.2 $581 ,254 93.9 7,805 1.2 10,471 1.5 6,768 1.1 1,947 0.3 $642,403 94.9 $589,969 95.3 $42,873+ 1 ,037+ 8,524+ $52,434+ 7.4+ 15.3+ 437.8+ 8.9+ CAPITAL Reserves Undivided Earnings TOTAL CAPITAL $ 22,916 3.4 11 ,569 1.7 $ 34,485 5.1 TOTAL LIABILITIES &CAPITAL $676,888 100.0 $ 20,532 3.3 8,490 1.4 $ 29,022 4.7 $618,991 100.0 $ 2,384+ 3,079+ $ 5,463+ $57,897 * Percent of Total Assets 48 11 .6+ 36.3+ 18.8+ 9.4+ ABSTRACT OF STATEMENT OF INCOME AND EXPENSE OF STATE-CHARTERED CREDIT UNIONS AS OF DECEMBER 31, 1981 (Amounts in thousands) INCOME Interest on Loans Income from Investments Other Income TOTAL INCOME Ca1endar Year Ending 12-31-81 %* Calendar Year Ending 12-31-80 %* AMOUNT PERCENT Increase+ Increase+ Decrease- Decrease- $ 58,918 21 ,431 892 $ 81 ,241 72.5 $ 49,456 26.4 10,305 1.1 565 100.0 $ 60,326 82.0 17.1 0.9 100.0 $ 9,462+ 11 ,126+ 327+ $20,915+ 19.1+ 108.0+ 57.9+ 34.7+ EXPENSES Employee Comp &Benefits Travel, meetings &Conf. Association Dues Office Occupancy Office Operations Educational &Promotional Member Insurance Examination &Supervision Interest on borrowed money Legal, professional & outside services Miscellaneous $ 7,382 208 185 509 2,392 294 2,314 321 1,487 854 2,163 TOTAL EXPENSES $ 18,109 NET OPERATING INCOME $ 63,132 9.1 $ 6,291 0.3 166 0.2 165 0.6 302 2.9 1,557 0.4 266 2.8 2,265 0.4 209 1.8 363 1.1 835 2.7 1,247 22.3 $ 13,666 77.7 $ 46,660 10.4 $ 1,091+ 0.3 42+ 0.3 20+ 0.5 207+ 2.6 835+ 0.4 28+ 3.7 49+ 0.3 112+ 0.6 1,124+ 1.4 19+ 2.1 916+ 22.6 $ 4,443+ 77 .4 $16,472+ 17.3+ 25.3+ 12.1+ 68.5+ 53.6+ 10.5+ 2.2+ 53.6+ 309.6+ 2.3+ 73.5+ 32.5+ 35.3+ To Div/Int on shares & Deposits $ 57,914 71.3 $ 42,584 70.6 $15,330+ * Percent of Total Income 36.0+ 49 CITY Canton LIST OF STATE-CHARTERED BUILDING AND LOAN ASSOCIATIONS CHARTER COUNTY NAME OF BUILDING &LOAN DATE Cherokee North Georgia Savings and Loan Association, Inc. 3-29-79 TOTAL ASSETS 11,578,938 REPORT OF CONDITION OF GEORGIA BUILDING AND LOAN ASSOCIATION AS OF DECEMBER 31,1981 ASSETS Cash Loans on Real Estate Other Loans Other Investments Prepaid Expense Fixed Assets (net) Accrued Interest Receivable Other Assets TOTAL ASSETS 353,001 5,855,162 2,358,631 2,572,207 44,895 172,206 186,891 35,945 11,578,938 LIABILITIES, RESERVE, AND CAPITAL Regular Installments Paid on Shares Loans in Process Accrued Interest Payable Other Liabilities TOTAL LIABILITIES Common Stock Paid-in Surplus Reserves Surplus and Undivided Earnings TOTAL NET WORTH TOTAL LIABILITIES &NET WORTH 50 9,542,951 164,365 12,339 659,451 10,379,106 500,000 500,000 35,624 164,208 1,199,832 11 ,578,938 ABSTRACT OF STATEMENTS OF INCOME AND EXPENSE OF STATE-CHARTERED BUILDING AND LOAN ASSOCIATION AS OF DECEMBER 31,1981 INCOME Interest on Loans Interest on Investments &Deposits Other Income TOTAL INCOME EXPENSES Directors' &Employees Comp &Benefits Occupancy Expense Other Operating Expenses Interest Expense TOTAL EXPENSES NET OPERATING INCOME $ 809,246 519,084 83,492 $1,411,822 $ 112,324 9,232 91,167 1,058,171 $1,270,894 $140,928 51 FIRMS LICENSED BY THE COMMISSIONER UNDER THE GEORGIA SALE OF CHECKS ACT, APPROVED MARCH 2, 1965 (Chapter 41A-32, Financial Institutions Code of Georgia) Name and Location Total Number of Georgia Agents American Express Company . . . . . . . . . . . . . . . . . . . . . . 491 American Express Plaza New York, N.Y. 10004 Associates Financial Express, Incorporate . . . . . . . . . . . . . 198 P. O. Box 220097 Dallas, Texas 75222 BA Cheque Corporation & . . . . . . . . . . . . . . . . . 269 BankAmerican Corporation One Powell Street San Francisco, California 94102 Barclays Bank International Limited o 200 Park Avenue New York, N.Y. 10017 The Chase Manhattan Corp. 218 One Chase Manhattan Plaza New York, N. Y. 10081 Citicorp &Citicorp Service, Inc. 240 399 Park Avenue New York, N.Y. 10043 Thomas Cook, Inc. ....................... 5 11 West 42nd Street New York, N.Y. 10036 52 SALE OF CHECK COMPANIES - Continued Name and Location First Chicago Cheque Corp. P. O. Box 8289 Chicago, Ill. 60680 Munford, Inc. . . P. O. Box 7701, Station C Atlanta, Georgia 30309 National Money Orders, Inc. 3200 Travis Street Houston, Texas 77006 Republic Money Orders, Inc. 1700 Republic National Bank Building Dallas, Texas 75201 Travelers Express Company, Inc. 5075 Wayzata Boulevard Minneapolis, Minnesota 55416 Total Number of Georgia Agents 13 266 24 411 679 53 GEORGIA CREDIT UNION DEPOSIT INSURANCE CORPORATION STATEMENT OF ASSETS AND LIABILITIES 12-31-81 ASSETS Cash in Bank . $ 55,056 Investments - Certificates of Deposit, etc. 2,228,868 Due from Members . 7,585 Due from Credit Union in Liquidation . 27,605 Fixed Assets . 5,200 Other Assets . 28,172 TOTAL ASSETS . $2,352,486 LIABILITIES, RESERVES, CAPITAL Miscellaneous Accounts Payable Reserve against Insurance Liabi1ities*. Capital - Members' Paid-in Fees.. TOTAL LIABILITIES, RESERVES, CAPITAL $ 8,798 1,558,263 785,425 $2,352,486 12-31-80 $ 44,286 1,793,462 8,033 9,290 4,286 16,715 $1 ,876,072 $ 6,004 1,107,377 762,691 $1 ,876,072 *Reinsurance carried $3,000,000 ($1,350,000 deductible) 54