Seventy-fifth annual report, year ending December 31, 1994

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Collection:: Georgia Government Publications
Title:: Seventy-fifth annual report, year ending December 31, 1994
Creator:: Georgia. Department of Banking and Finance
Contributor to Resource:: Georgia. Department of Banking and Finance
Publisher:: Atlanta, Ga. : Georgia. Department of Banking and Finance
Date of Original:: 1994-12-31
Subject:: Georgia
Location:: United States, Georgia, 32.75042, -83.50018
Medium:: publications (documents)
Type:: Text
Format:: application/pdf
Description:: Began with: 1972.
Title appeared on spine of print version only, 1998. From some providers, other issues digitized from the print may also be missing title source.
Use copy Restrictions unspecified star MiAaHDL
Numbering dropped, <1998->
Report year ends December 31.
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2015. MiAaHDL
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
Description based on print version record.
Latest issue consulted: 2018 (publisher's Web site, viewed June 15, 2020).
External Identifiers:: Call Number GA B100 .A1 1994
Metadata URL:: https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bb100-b-pa1-b1994
Digital Object URL:: https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bb100-b-pa1-b1994
Language:: eng
Holding Institution:: University of Georgia. Map and Government Information Library
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STATE OF GEORGIA
DEPARTMENT OF BANKING AND FINANCE
YEAR ENDING DECEMBER 31. 1994 ZELL MILLER GOVERNOR
E. D. "JACK" DUNN COMMISSIONER
STEVEN D. BRIDGES DEPUTY COMMISSIONER
MfcPite

MISSION STATEMENT OF THE DEPARTMENT OF BANKING AND FINANCE
The mission of the Department of Banking and Finance is to promote the economic well-being of Georgia communities by insuring a full spectrum of safe, sound, competitive and accessible financial services. Utilizing the highest professional standards, we carry out this mission through the efficient and effective chartering, licensing, regulating, assisting and supervision of financial services providers according to statutory requirements and prudent industry standards.
MESSAGE FROM THE COMMISSIONER
The year 1994 was certainly a challenging time for the Department of Banking and Finance, and the industries it regulates. The financial services industry, of which all the entities regulated and supervised by the Department are a part, is undergoing dramatic change. All indications are that this rapid pace of change will continue into the foreseeable future. To indicate that the evolution occurring in the financial services industry is dynamic would be a major understatement. This rapid rate of change is being influenced by a number of factors, However, perhaps the two most important factors driving change within the industry are passage of federal legislation to reduce or eliminate traditional geographic barriers to bank expansion, and developments in banking technology.
Congress passed the Riegle-Neal Interstate Banking and Branching Efficiency Act (RiegleNeal Act) and it was signed by the President on September 29, 1994, This legislation authorizes nationwide interstate banking by acquisition as of September 29, 1995, regardless of state law. A Georgia law effective July 1, 1995, already authorized this activity for Georgia banks on a reciprocal basis. However, beginning September 29, 1995, this will be the law of the land. The Riegle-Neal Act also contained other significant provisions including an ability for states to "opt-in" to an authorization for banks to engage in interstate mergers and the ability for affiliate banks to act as agents for each other in the delivery of many traditional banking services. Significant change in the Georgia Financial Institutions Code is necessitated by this federal legislation and Department personnel devoted many hours to the drafting of many of the needed amendments during the fourth quarter of 1994. Additional changes to the Georgia banking code will be needed during the 1996 and/or the 1997 sessions of the General Assembly to assure that the Department of Banking and Finance and the banking industry is properly positioned to deal with the changes to be brought on by this legislation,
A rapid evolution of technology within the banking industry has been the norm for many years. However, technological advancements particularly in the area of electronic service delivery have reached a revolutionary level in the past eighteen months, Point of sale terminals allowing the use of debit cards for payment at retail businesses, for instance grocery stores, have become much more widespread. "Stored value" or prepaid debit cards are growing in popularity.

Finally, true home banking, using a personal computer is a reality and very likely may become commonplace in the not too distant future. These products and others yet undeveloped, are pushing us more and more to a "cashless society".
I am happy to report that as a whole, banks and other depository financial institutions regulated by the Department are in a very sound condition, Earnings are good, loan quality is high and year-end capital levels were at record levels. Of course a few institutions continue to have problems and significant swings in the economy could result in problems for other institutions, The improved financial condition of the depository financial institutions in 1994 allowed the Department to focus additional resources upon the challenge of fully implementing the Georgia Residential Mortgage Act. Although this division of the Department is now operating smoothly, it should be noted that the licensing and supervisory activities required by this Act have significantly added to the Department's workload since the enactment of this law in 1993. Further, this workload continues to grow with the implementation of the examination program for mortgage licensees.
A number of steps were taken in 1994 to better position the Department to meet the current and future challenge of fulfilling its growing statutory responsibilities. For example, the Department initiated a strategic planning process which continues to be ongoing as of year end 1994. We believe this process will assist us in setting appropriate priorities and in remaining focused on the primary mission of the Department. The mission statement developed in this process is displayed on Page III. Another initiative of the Department begun in 1994 was a review of its internal procedures, and the banking code and its regulations for the purpose of streamlining them in an effort to reduce regulatory burden for the industry and improve the internal efficiency of the Department. This special review was incomplete at year end 1994 and is continuing. We have discovered that this process not only reduces unnecessary regulatory burden upon those we regulate but can also reduce unnecessary burden upon the Department's internal operations. As we move forward, we intend for this initiative to become a continuous process in an effort to consistently increase the efficiency and effectiveness of the Department's operations,
In many respects 1994 was a very busy year for the Department and those we regulate. However, we believe it was also a very productive year, The future will bring more change, more activities, and more responsibilities but we at the Department of Banking and Finance plan to be ready to meet the challenge.
-IV-

TABLE OF CONTENTS
Official Roster ........................................................................................................... 1 Examination Districts and Work Areas (Map) ........................................................ 3 List of District Personnel ....................................................................................... .4 Staff Pictures (As of April 1, 1995) ........................................................................ 6 History of the Department....................................................................................... 15 Historical Chart of Regulated Entities....................................................................16 Fiscal Report............................................................................................................. 17 Overview of Financial Service Providers............................................................... 18 Summary of Activities of State Chartered Financial Institutions......................22 Financial Holding Companies and Their Financial Subsidiaries......................23 Chart of Georgia Banks (Distribution By Asset Size) ........................................39 Abstract of Reports of Condition of State and National Banks........................ 40 Statement of Earnings and Expenses of State and National Banks ............... 41 List of State and National Banks............................................................................ 42 Banks with Branches (Out-of-County)....................................................................53 International Bank Agencies...................................................................................58 Representative Offices of Out-of-State Banks...................................................... 61 Graph of History of State-Chartered Credit Unions..............................................65 Abstract of Reports of Condition of State-Chartered Credit Unions............... 66 Statement of Earnings and Expense of State-Chartered Credit Unions .........67 List of State-Chartered Credit Unions....................................................................68 Summary of Activities - Mortgage Division...........................................................71 Sale of Checks or Money Order Corporations .................................................... 72 Applications
Financial Institution Mergers............................................................................ 73 New Financial Institutions.................................................................................74 Financial Institution Conversions ....................................................................74 Change Location................................................................................................75 Branch Bank, Bank Office or Facility............................................................... 79 Trust Powers.......................................................................................................83 State Chartered Banks in Liquidation ............................................................. 83 Approval of Dissolution..................................................................................... 84 Sale of Checks or Money Orders......................................................................84 Notice of Change in Name.................................................................................84
-V-

OFFICIAL ROSTER
As of April 1, 1995
E. D. DUNN Commissioner

STEVEN D. BRIDGES, CFE Deputy Commissioner

REECE V. MORRIS, CFE Executive Deputy Commissioner

LESLIE A. BECHTEL Deputy Commissioner for Legal Affairs............................................ 986-1650 Susan Brown, Administrative Assistant .................................................................. 986-1620

ADMINISTRATIVE DIVISION Personnel, Accounting and Budget, Training, EDP Operations,
Clerical Support, Currency Transaction Report Processing

DAVID A. HANCOCK, CFE, Deputy Commissioner for Administration.......................... 986-1640

Meiinda G. Kinard, CFE, Director of Training, EDP .............................................. 986-1649 Ralph J. Shire, CFE, Assistant Deputy Commissioner .......................................... 986-1383 Dianne Blackstone, Programmer Analyst............................................................. 986-1648 Sophia E'lom, Computer Operator ...................................................................... 986-1651

Marilyn Harris, Accounting Officer........................................................................ 986-1641 Renate Carroll, Accounting Technician II ........................................................... 986-1632

Maggie Smith, Personnel Manager ...................................................................... 986-1638

Sonja Hencely, Office Supervisor, Senior ............................................................. 986-1621

Sheila B, Ball, Senior Secretary Typist ............................................................. .. 986-1633 Bonnie C. Steele, Senior Secretary Typist............................................................. 986-1633

Henry "Hank" Tam, Storekeeper............................................................................. 986-1622

SUPERVISORY DIVISIONS Bank, Thrift, Holding Company, and International Bank Supervision, Investment Securities
Reports of Apparent Criminal Irregularity, Consumer Affairs, Technical and Legal

David G. Sorrell, CFE, Deputy Commissioner for Supervision* ... DIVISION A......... 986-1629

Grace M. Lurry, CFE, Assistant Deputy Commissioner ............. District 2 ............... 986-1646 Merian Johnson, Principal Secretary .......................................................................... 986-1657

Wayne Orr, CPA, Assistant Deputy Commissioner* ................. District 4 ............... Sandra Sheley, CFE, Assistant Deputy Commissioner............... District 1 ............... Susan Nelson, Senior Secretary Typist.......................................................................... Indicates responsibility for international bank offices and representative offices.

986-1637 986-1636 986-1656

-1 -

SUPERVISORY DIVISIONS (Continued)
John B. Kline, CFE, Deputy Commissioner for Supervision............. DIVISION B .......... 986-1630
Drexel Beck, CFE, Assistant Deputy Commissioner................... District 6 ............... 986-1644 Rhoda Barcan, Principal Secretary ............................................................................. 986-1659
Princess Brown, CFE, Assistant Deputy Commissioner ............. Districts ............... 986-1643 Larry E, Shelley, CFE, Assistant Deputy Commissioner ............. Districts ............... 986-1642 Elizabeths. Staden, Senior Secretary Typist ............................................................. 986-1658
MORTGAGE DIVISION Licensing of Mortgage Brokers, Lenders, Registrants, Consumer Protection, Consumer Complaints,
Supervisory/Regulatory Activities, Statistical Reports
Robley S. Rigdon, CFE, Deputy Commissioner for Mortgage and Corporate Divisions 986-1371
C. Craig Smith, CFE, Assistant Deputy Commissioner .............................................. 986-1372 Georgia High, CFE, Supervisory Examiner .................................................................. 986-T373 Tervenia Mitchiner, Administrative Assistant............................................................... 986-1268 Deborah Latimer, Principal Secretary ........................................................................ 986-5035 Denise Leaphart, Senior Secretary Typist .................................................................. 986-1269
CORPORATE DIVISION
Application processing of all Bank, Thrift and Holding Company Applications, Corporate Charter Amendments, Consumer Affairs, International Licensing, International Bank Facility Permits, Loan Production Offices, Sale of Check Licensing, Check Coshers Licensing, Annual Reports, Department Bulletins, Georgia Credit Union Deposit Insurance Corporation, Statistical Reports, Technical and Legal

ROBLEY S. RIGDON.CFE, Deputy Commissioner for Mortgage andCorporateDivisions 986-1371

Larry S. Moor, CFE, Assistant Deputy Commissioner Judy Carter, Administrative Assistant..........................................Districts 2,3,4 Marilou Harvey, Administrative Assistant , . ............................... Districts 1,5,6 Nancy Chapman, Principal Secretary...............................................................

986-1645 986-1647 986-1639 986-1652

-2-

EXAMINATION DISTRICTS AND DISTRICT WORK AREAS

DISTRICT LOCATION

1

Marietta

Calhoun

Stone Mountain Athens

College Park

Dublin

Albany Valdosta

Douglas Savannah

Designates District Work Areas -3-

DISTRICT AND TELEPHONE #
District 1 MARIETTA
404-988-9444 CALHOUN
706-602-0415

DISTRICT PERSONNEL

DISTRICT DIRECTOR

SUPERVISORY EXAMINER SENIOR EXAMINERS

Jackson D. Hardy, CFE Robert M. Braswell

Wiilliam D, Atkins James M. Brooks, CFE Ernest D. Coats, CFE James Emory Ira D, Goolsby

District 2 STONE MOUNTAIN
404-879-0366 ATHENS -
706-549-8596

Tracy D. Whitesides, CFE/CPA

Robert J. Rosentreter, CFE Lori A. Binford Michael G. Killeen, CFE Janet Blackmon, CFE
Harold J. Carney Jenny L. Neville, CPA/CFE Ned W. Overby E. Nannette Sisk, CFE

District 3 COLLEGE PARK
404-559-6621

C. Douglas Peugh, CFE Barry L. Rooks, CFE

District 4 DUBLIN
912-275-6740

Gary F. Ford, CFE

Michael F. Hooks, CFE/CPA

District 5 ALBANY -
912-430-4407 VALDOSTA
912-333-5299

George A. Reynolds, CFE/CPA

Larry T. Duke, CFE Joyce R. Jones

District 6
DOUGLAS 912-383-4248
SAVANNAH 912-356-2770

R. Larry Herndon, CFE Jane M. Whitfield David T, Widincamp
-4-

Mayra Barzaga Harry M. Brown Gregory D. Lowe Billie L, Reed Angela E. Ruddick Kevin M, Sharpe Emory L. Stanford
Vicki L. Brantley, CFE Gary E. Fields, CPA Hersha J. McDade Hubert C. Miller, CFE Wesley Morris
Eugene S. Cline D, Ray Johnston Michael A, Rosser, CFE John F. Sutphin, III,
CFE Terry Tucker
James F. Mills, CFE Biilly S. Wilson, Jr,, CFE

EXAMINERS
Ronald F. Furukawa Victor A. Greene Larry J. Moody Mark Pressler Charles D. Titshaw, Jr. Billy C. Wilson, Sr.
M. Joel Byers Ronfeng "Becky" Li Mural! Ramachandran Carol A. Webb
George E. Campbell Margaret W. Clarke Joseph M. Mikula

AS OF APRIL 1, 1995
ASSISTANT AND SENIOR ASSISTANT EXAMINERS
Todd M. Burt Jennifer L. Casey Teresa H. Johnson Malcolm Keith Caldwell McDaniel Louis H. Otos Edward Plott
Michael Dunagan Joseph Flelmly Darren Hodge Steve Pleger Michael Tarrh Ross Verbrugge Patrick Wilson
Laura Brown Elizabeth Rogers Daniel J. Vano Christopher Wilson Keith Zimmerman

ADMINISTRATIVE ASSISTANT Jeannie Benefield Victoria Busby

Dennis McNeer
R. Wayne Braswell Kay I. Green

Michael D. Bryan H. Todd Gray Robert Herndon Mark A. Smith
Melanie C. Cousins Sandra D. Daniels Stacy Edwards

Patrick T. Brahana, CFE George A. Keaveney Ernest R. Rodgers, Jr.

Michelle Floyd Judy H. Powell Shannon R. Vickers
-5-

CURRENT STAFF

E. D. "Jack" Dunn Commissioner

Steven D. Bridges, CFE Deputy Commissioner

Reece V. Morns, CFE Executive Deputy Commissioner

David A. Hancock, CFE Deputy Commissioner for Administration

John B. Kline, CFE Deputy Commissioner
for Supervision

Robley S. Rigdon, CFE Deputy Commissioner for Mortgage/Corporate

David G. Sorrell, CFE Deputy Commissioner
for Supervision

William D. Atkins

Sheila B. Ball

Rhoda Barcan

Mayra Barzaga

Drexel Beck

Jeannie Benefield

Lori A. Binford

Dianne Blackstone

Patrick T. Brahana

Vicki L. Brantley

Robert M. Braswell

R. Wayne Braswell

James M. Brooks

-7-

Harry M. Brown

Laura Brown

Princess Brown

Susan Brown

Michael D. Bryan

George E. Campbell

Harold J. Carney

Nancy Chapman

Margaret W. Clarke

Eugene S. Cline

-8-

Ernest D. Coats

Melanie C. Cousins

Sandra D. Daniels

Larry T. Duke

Michael Dunagan

Stacy Edwards

Gary F. Ford

Ronald F. Furukawa

lra D. Goolsby

H. Todd Gray

Kay T. Green

Victor A. Greene

-9-

Jackson D. Hardy

Marilyn Harris

Joseph Helmly

Sonja Hencely

R. Larry Herndon

Robert Herndon

Merian Johnson

Teresa H. Johnson

D. Ray Johnston

Joyce R. Jones

George Keaveney

Malcolm Keith

Michael G. Killeen
- 10-

Melinda G. Kinard

Denise B. Leaphart

Rongfeng "Becky" Li

Gregory O. Lowe

Grace M. Lurry

Hersha J. McDade

Caldwell McDaniel

Joseph M. Mikula

Tervenia Mitchiner

Larry J. Moody

Larry S. Moor

- 11 -

Wesley Morris

Susan Nelson

Jenny L. Neville

Wayne Orr

Louis H. Otos

Ned W. Overby

C. Douglas Peugh

Steve Pleger

Edward Plott

Judy H. Powell

Mark Pressler

Mural! Ramachandran

Ernest R. Rodgers, Jr.

Elizabeth Rogers

- 12-

Barry L. Rooks

Robert J. Rosentreter

Michael A. Rosser

Angela E. Ruddick

Kevin M. Sharpe

Sandra Sheley

Larry E. Shelley

Ralph J. Shire

E. Nanette Sisk

C. Craig Smith

Maggie Smith

Bonnie C. Steele

John F. Sutphin, III

Henry "Hank" Tam
- 13 -

Michael Tarrh

Charles D. Titshaw, Jr.

Terry Tucker

Daniel J. Vano

Shannon R. Vickers

Carol A. Webb

Jane M. Whitfield

Tracy D. Whitesides

David T. Widincamp

PatncK wiison

Keith Zimmerman
- 14-

HISTORY OF THE DEPARTMENT

1919.

1994

The Department of Banking and Finance was created by the Ex
ecutive Reorganization Plan of 1972 as successor to the Depart
ment of Banking. In addition to changing the name of the Depart ment this reorganization also provided for the Department to be headed by a Commissioner as successor to the former Superintendent of Banks and transferred to the Department the supervision of State-Chartered building and loan associations The original Department of Banking was created by Act of the Legislature in 1919 concurrent with the enactment of The Banking Law which deals with the incorporation of banks and the regulation of the business of banking. In 1974 the Banking Laws were subject to substantial re-codification in the form of the Financial Institutions Code of Georgia which be came effective April 1, 1975. 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 Laws of Georgia (1927); Georgia Sale of Check Act (1965); The Fiduciary
Investment Company Act (1970); International Bank Agency Act (1972); Georgia Business Development Corporation Act (1972); Regulation of Check Coshers (1990); and the Georgia Residential Mortgage Act (1993). Provisions of Title 7 of the Code of Georgia relating to Bank Holding Companies were substantially amended effective July 1, 1976, to permit multi bank holding companies under Department supervision. In 1994, Georgia expanded its Regional Interstate Banking Law to recognize nationwide acquisitions, to be effective July 1, 1995,

-15-

CHART REFLECTS ALL ENTITIES LICENSED AND/OR REGULATED BY THE DEPARTMENT
STATE CHARTERED BANKS, CREDIT UNIONS, SAVINGS AND LOANS, TRUST COMPANIES, INTERNATIONAL AGENCIES,
HOLDING COMPANIES, CHECK SELLERS, CHECK CASHERS, AND
MORTGAGE BROKERS, LENDERS, AND REGISTRANTS
1989 - 1994

INSTITUTIONS REGULATED/LICENSED

3000

1989 - 1994

2500

2000

1500

1000

500

1989

1990

T
1991

T
1992

1993

1994

NOTE: The number of entities regulated by the Department has increased from 1,234 in 1989 to 2,780 in 1995. The rapid growth in the number of entities regulated during 1993 was primarily the result of the establishment of the Mortgage Division and the initiation of the mortgage broker/iender licensing program.
-16-

FISCAL YEAR 1994 RECEIPTS AND DISBURSEMENTS

REVENUES COLLECTED

Bank Fees..........................................................................................................$6,975,418.00

Check Cosher Fees ........................................................................................... 61,220.00

Credit Union Fees.............................................................................................. 731,897.00

Fiolding Company Fees .................................................................................. 360,060.00

International Bank Fees .................................................................................... 73,775.00

Mortgage Fees.................................................................................................. 860,243.00

Sale of Check Fees............................................................................................. 57,396.00

Miscellaneous Fees......................................................................................

9.683.50

TOTAL RECEIPTS......................................................................................................... S9.129.692.50

DISBURSEMENTS

Personal Services ........................................................................................... $6,426,116.88

Motor Vehicle Expense...................................................................................... 94,738.67

Supplies and Materials ...................................................................................... 76,685.34

Repairs and Maintenance ............................................................................... 40,269.81

Travel Expense .................................................................................................. 337,025.67

Motor Vehicle Equipment Purchase............................................................ 143,878.80

Printing ................................................................................................................... 13,865.14

Equipment Purchases...................................................................................... 338,956.13

Office Rent......................................................................................................... 279,555.08

Computer Charges ........................................................................................... 63,986.34

Communications ...................

54,456.14

Per Diem and Fees................................................................................................ 5,039.46

Other Operating Expenses........................................................................ 150.439.93

TOTAL DISBURSEMENTS........................................................................................... $8.025.013.39

Note: Total Revenues collected are remitted to the office of the Treasury and Fiscal Services.

AN OVERVIEW OF THE FINANCIAL SERVICE PROVIDERS REGULATED BY THE DEPARTMENT OF BANKING AND FINANCE
INTRODUCTION
The financial and statistical information contained in this report has been compiled from the annual reports of condition submitted by the 316 state-chartered banks, one statechartered trust company, 69 national banks, one national trust company, and 98 statechartered credit unions, one state-chartered savings bank, and 24 licensed money order companies operating in this state, and other statistical information made available through the examination, investigation and licensing of financial institutions and other entities under the supervision of the Department of Banking and Finance, This report, required by Section 7-1 -74 of the Official Code of Georgia Annotated, provides factual and statistical information useful to the financial industry, financial institutions and individuals who might be engaged in economic studies or might otherwise be interested in the evolution of Georgia's banking structure and related financial services industries.
BANKS
As reflected in year-end call reports, the banking system in Georgia grew 10.5% in 1994. Total assets for the state-chartered and national banks amounted to $99,537,000,000, reflecting a substantial increase of $9,465,000,000 from the end of 1993.
An increase in bank chartering, branching and conversion activity was noted in 1994. During the year, one new bank completed the chartering process, one bank which had been approved in 1992 opened for business, two banks converted from national to state charter, and one state-chartered bank converted to a federally chartered savings and loan association. Also, one phantom bank was chartered to serve as a merger partner. Thirty-four new banking offices and facilities were opened or acquired during the year while thirty-one bank offices were closed. Eleven banks found it cost efficient to merge into other banks and Articles of Dissolution were issued for one bank. At year end, there were 316 state-chartered banks with 576 banking locations operating in Georgia.
Articles of Amendment of Articles of Incorporation were approved for three banks to increase their authorized stock; no banks changed the par value of their shares; seven financial institutions changed their names. Three miscellaneous Articles of Amendment of Articles of Incorporation were approved. Permission was issued for ten banks to issue authorized but unissued shares through stock dividends or sales.
-18-

HOLDING COMPANIES
After a lull of several years, holding company formation and acquisition activity resumed its strong pace during 1994, The Department approved 45 applications by financial holding companies to acquire controlling interest in financial institutions. Of this amount, 11 of these applications were approved to establish new financial holding companies, and 34 applications were approved for additional acquisitions. During 1993, there were only 28 such applications. The fact that more holding companies are now in the acquisition mode is an indicator of the favorable financial climate prevalent in Georgia during 1994. At year-end, there were 227 financial holding companies regulated by the Department.
INTERNATIONAL BANKING
One new International Agency was licensed during 1994, and two agencies decided to consolidate their international development into offices in other states. The recent political developments in Europe as well as basic changes in business development plans have caused these changes. The year ended with twenty international bank agencies and five representative offices of international banks registered or authorized to do business in Georgia. There are also five Domestic International Banking Facilities operating in the state, These entities are only empowered to accept off-shore deposits and grant off-shore loans which are in excess of $100,000.
TRUST COMPANIES
Trust activities continue to be conducted principally by bank trust departments. As of the end of the year, there was one state-chartered trust company, and one national trust company each operating as an independent institution, Other depository financial institutions may exercise limited trust powers in connection with individual retirement accounts authorized by the Employee Retirement Income Security Act of 1976 enacted by Congress. Also, a few financial institutions offer trust services through agency relationships with banks which are authorized to offer trust services.
CREDIT UNIONS
Credit unions operating under state charter have continued their successful operations during 1994. Consolidated financial and statistical reports of the 98 state-chartered credit unions reflect assets which now total $3,753,541,000, and which have decreased $157,342,000 or 4.0% since the beginning of the year. All state-chartered credit unions provide their members with deposit insurance through the National Credit Union Administration. During the year, seven credit unions relocated to other quarters, and one credit union voluntarily dissolved.
- 19-

MORTGAGE DIVISION
On March 29, 1993, House Bill 237 was signed into law by the Governor as Article 13 of Title 7 of the Official Code of Georgia Annotated. This Article requires all persons who transact business as a mortgage broker or mortgage lender to be licensed on and after July 1, 1993. At the end of 1993, active licenses and registrations for mortgage brokers and mortgage lenders in existence numbered 1, 025. At the end of 1994, active licenses and registrations in existence numbered 1,235, a net increase of 210 during 1994.
CHECK CASHERS
Service provided by licensed check coshers has continued to increase during 1994. As of the end of the year, there were 222 check coshers licensed. In order to assure that the public is being properly serviced by this industry, the Department initiated an active program of conducting examinations of check cashing businesses. Many of the licensees were visited during the year, and were found, for the most part, to be operating within the confines of the law, A current listing of those businesses holding check cashing licenses or registrations can be obtained by contacting the Department.
SALE OF CHECKS
In 1965, the Department of Banking and Finance began supervising companies which sell traveler's checks and money orders to the residents of Georgia. Regular examinations of the companies which are headquartered in Georgia are performed, and an off-site financial review is performed on those companies headquartered elsewhere. Georgia is the only state which has a stringent minimum capital requirement for these companies, At the end of the year, 24 companies having a total of 5,900 agents throughout the state were licensed to do business . There was one new license granted in 1994.
OTHER
The Department is charged with the responsibility of supervising the operations of various other companies engaged in or related to the financial services industry. Examinations of bank data processing centers and cooperatives are performed on a regular basis. Also, one business development corporation receives annual examinations by this Department. Fiduciary investment companies are also subject to our review and supervision, however, as of the end of 1994, there were none in operation in Georgia,
Loan Production Offices of In-State Banks
While the banks of Georgia are not allowed to establish de novo branches across county lines (except for the Fulton/DeKalb exemption), eight state-chartered banks in Georgia have established loan production offices outside of their normal trade areas. These offices have been established to provide lending services where deposit relationships cannot be accepted. With one exception, these offices are located in the northern part of the state.
-20-

Domestic Offices of Out-of-State Banks Holding companies and banks which are headquartered outside of Georgia continue to find expansion opportunities within this state. While not all of these businesses engage in offering financial services to Georgia residents, 41 companies of this nature have registered offices within Georgia. These offices offer a diverse range of services, such as mortgage lending, commercial lending, finance company operations, and retail sales.
GEORGIA DEPOSIT INSURANCE CORPORATION (GDIC) The GDIC was established through Title 7, Chapter 2 and is regulated by the Department. In 1991, the GDIC made the decision to discontinue its private deposit insurance for credit unions in the state of Georgia. Since that time, the privately insured state-chartered credit unions have become insured by the National Credit Union Share Insurance Fund. The GDIC is winding up its private deposit insurance functions in an orderly manner. The Department is monitoring this effort as regulator of the GDIC. Audited financial statements of the GDIC are available from the GDIC.
MISCELLANEOUS Receiverships and Liquidations As of the end of 1994, there remain two banks which have been closed in previous years, but are still in the process of liquidation. The Citizens Bank , Dallas, Georgia, was closed on January 10, 1992. Unpaid claims due to the FDIC total $15,546,773. Assets having an estimated value of $2,577,905 remain as of December 31, 1994, to be liquidated to cover these claims. The First Community Bank of Cherokee, Woodstock, Georgia was closed March 31, 1992, Unpaid claims due to the FDIC total $9,514,670. Assets having an estimated value of $3,258,511 remain as of December 31, 1994, to be liquidated to cover these claims. No additional banks were closed during 1994.
Name Reservations
During 1994, the Department received 29 applications to reserve names for banking institutions to be operated in Georgia. This year's current applicants for name reservations are listed in the Department's monthly bulletin.
-21 -

SUMMARY OF ACTIVITIES OF STATE CHARTERED FINANCIAL INSTITUTIONS IN 1994

FINANCIAL INSTITUTION
BANKS
SAVINGS BANKS
TRUST COMPANIES
BUSINESS DEVELOPMENT CORPORATIONS
SAVINGS & LOANS
BRANCH BANKS, BANK OFFICES AND FACILITIES
CREDIT UNIONS
FINANCIAL HOLDING COMPANIES
CHECK SELLERS
CHECK CASHERS
DOMESTIC INTERNATIONAL BANKING FACILITIES
LOAN PRODUCTION OFFICES
REPRESENTATIVE OFFICES OF OUT-OF-STATE BANKS
INTERNATIONAL BANK AGENCIES
INTERNATIONAL BANK REPRESENTATIVE OFFICES
MORTGAGE BROKERS
MORTGAGE LENDERS
MORTGAGE REGISTRANTS

TOTALS JANUARY
1, 1994 326 1 1
1
573 99 233
23 219
6
5
39
21
4 624 348 53

OPENED REGISTERED
LICENSED 1
34 9 i 39
4 10
1 212 103
22

CONVERTED -1 +2

MERGED -11

CLOSED LIQUIDATED DEREGISTERED
-1

TOTALS DECEMBER
31, 1994
316
1
1

1

-31

576

-1

98

7

-8

227

24

-36

222

-i

5

-1

8

-8

41

-1

20

5

94

742

29

422

4

71

-22-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES OLEAD BANK)

NAME

CITY

APPROVED

ADAIRSVILLE BANCSHARES, INC *Bank of Adairsville

ADAIRSVILLE Adairsville

11-02-87

MONTGOMERY COUNTY BANKSHARES, INC. Montgomery County Bank

AILEY Ailey

1-27-87

FIRST NATIONAL FINANCIAL CORPORATION 'First National Bank of South Georgia

ALBANY Albany

2-19-90

FIRST STATE CORPORATION 'First State Bank & Trust Company First State Bank and Trust Company in Cordele

ALBANY Albany Cordele

2-04-81

FOUR COUNTY BANCHSARES, INC. 'The Four County Bank Peoples State Bank

ALLENTOWN Allentown Jeffersonville

2-14-89

FIRST BANK SHARES OF THE SOUTH EAST, INC. 'The First National Bank of Alma

ALMA Alma

6-11-85

SOUTH BANKING COMPANY 'Alma Exchange Bank & Trust
Peoples State Bank & Trust Citizens State Bank

ALMA Alma Baxley Kingsland

11-20-80

FIRST COLONY BANCSHARES, INC. 'First Colony Bank

ALPHARETTA Alpharetta

6-06-88

COMMUNITY NATIONAL BANCORPORATION 'Community National Bank

ASHBURN Ashburn

2-19-90

FIRST AMERICAN BANCORP 'First American Bank and Trust Company

ATHENS Athens

4-02-86

GEORGIA NATIONAL BANCORP, INC 'Georgia National Bank

ATHENS Athens

7-25-91

BANK SOUTH CORPORATION 'Bank South, National Association

ATLANTA Atlanta

7-01-76

BROADSTREET, INC. 'AmTrade International Bank of Georgia

ATLANTA Atlanta

3-04-93

CITIZENS BANCSHARES CORP. 'Citizens Trust Bank

ATLANTA Atlanta

7-01-76

COMMERCIAL BANCORP OF GEORGIA, INC. 'Commercial Bank of Georgia

ATLANTA Atlanta

5-25-88

-23-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES OLEAD BANK)

NAME

CITY

APPROVED

COMMUNITY BANK CAPITAL CORPORATION *Bank of North Georgia

ATLANTA Canton

12-29-92

COMMUNITY FINANCIAL SERVICES, INC, *The Bankers Bank

ATLANTA Atlanta

11-18-85

EMBRY BANKSHARES, INC. *Embry National Bank

ATLANTA Atlanta

11-12-87

FIRST FINANCIAL MANAGEMENT CORPORATION NATIONAL BANCARD CORPORATION `First Financial Bank

ATLANTA SUNRISE, FL Atlanta

5-31-89 12-30-92

SUMMIT BANK CORPORATION *The Summit National Bank

ATLANTA Atlanta

9-11-87

SUNTRUST BANKS, INC. Trust Company Bank of North Georgia TRUST COMPANY OF GEORGIA
Trust Company Bank of South Georgia, N.A. Trust Company Bank of Northeast Georgia, N.A. Trust Company Bank Trust Company Bank of Augusta, N.A.
Trust Company Bank of Southeast Georgia, N.A. Trust Company Bank of Columbus, N.A. Trust Company Bank of Middle Georgia, N.A.
Trust Company Bank of Northwest Georgia, N.A. Trust Company of Georgia Bank of Savannah, N.A. THIRD NATIONAL CORPORATION SUN BANKS, INC.

ATLANTA Gainesville ATLANTA Albany Athens Atlanta Augusta Brunswick Columbus Macon Rome Savannah NASHVILLE, TN ORLANDO, FL

1-11-85 7-01-76
3-24-87

BANKERS FIRST CORPORATION 'Bankers First Savings Bank, FSB

AUGUSTA Augusta

4-17-84

GEORGIA BANK FINANCIAL CORPORATION Georgia Bank & Trust Company of Augusta

AUGUSTA Augusta

11-27-91

INVESTORS FINANCIAL CORPORATION Bainbridge National Bank

BAINBRIDGE Bainbridge

2-14-91

PORT CITY HOLDING COMPANY, INC. *The First Port City Bank

BAINBRIDGE Bainbridge

8-11-81

UNITED BANK CORPORATION United Bank United Bank of Griffin United Bank of Pike
AMSOUTH BANCORPORATION AmSouth Bank of Georgia

BARNESVILLE Barnesville Griffin Zebulon
BIRMINGHAM, AL Summerville

11-25-81 12-31-92

-24-

NAME

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

CITY

APPROVED

SOUTHTRUST CORPORATION 'SouthTrust Bank of Columbus, N.A. SOUTHTRUST OF GEORGIA, INC *SouthTrust Bank of Georgia, N.A. SOUTHTRUST BANK OF GEORGIA, N.A. *SouthTrust Estate and Trust Company of GA,, N.A.

BIRMINGHAM, AL Columbus ATLANTA Atlanta ATLANTA
Atlanta

PEOPLES BANKING CORPORATION 'Peoples Bank

BLACKSHEAR Blackshear

UNITED COMMUNITY BANKS, INC. `Union County Bank Peoples Bank of Fannin County Towns County Bank

BLAIRSVILLE Blairsville
Blue Ridge Hiawassee

EARLY BANCSHARES, INC. `Bank of Early

BLAKELY Blakely

FIRST STATE BANCSHARES OF BLAKELY, INC. `First State Bank of Blakely

BLAKELY Blakely

FIRST GEORGIA HOLDING, INC. `First Georgia Savings Bank, FSB

BRUNSWICK Brunswick

FIRST HARALSON CORPORATION `The First National Bank of Haralson County

BUCHANAN Buchanan

GRADY HOLDING COMPANY `First National Bank of Grady County

CAIRO Cairo

CAMILLA BANCSHARES, INC,. `Bank of Camilla

CAMILLA Camilla

P & C BANK SHARES, INC. `Planters & Citizens Bank

CAMILLA Camilla

B C BANKSHARES, INC, `Bank of Canton

CANTON Canton

SECURITY BANCORP, INC. `Security State Bank

CANTON Canton

UNITED SECURITY BANCSHARES, INC. `United Security Bank

CANTON Sparta

FIRST BANKS, INC. First Bank and Trust `The Bank of Toccoa

CARNESVILLE Carnesville Toccoa

5-31-89 1-10-84 4-28-92 2-28-90 2-04-88
2-02-93 6-13-86 4-28-88 3-06-84 6-30-78 3-24-92 12-30-80 9-05-84 5-17-89 2-21-84 4-13-81

-25-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

''

CITY

APPROVED

WGNB CORP. 'West Georgia National Bank of Carrollton
BARTOW BANCSHARES, INC. 'Bartow County Bank
FIRST COMMUNITY BANCORP, INC. 'First Community Bank & Trust
FIRST POLK BANKSHARES, INC. 'The First National Bank of Polk County
FIRST UNION CORPORATION FIRST UNION CORPORATION OF GEORGIA 'First Union National Bank of Georgia
NATIONSBANK CORPORATION 'NationsBank of Georgia, N.A.
FIRST CHATSWORTH BANCSHARES, INC. 'The First National Bank of Chatsworth
FIRST CLAYTON BANCSHARES, INC. 'First Clayton Bank & Trust
LIBERTY BANCORP OF GEORGIA, INC. 'Rabun County Bank
WHITE COUNTY BANCSHARES, INC. 'White County Bank
PEOPLES COMMUNITY BANCSHARES, INC. 'Peoples Community Bank Pineview State Bank
TB&C BANCSHARES, INC. SYNOVUS FINANCIAL CORP. Security Bank and Trust Company of Albany Sumter Bank and Trust Company Athens First Bank & Trust Company The Coastal Bank of Georgia Citizens Bank and Trust of West Georgia The Citizens Bank of Cochran 'Columbus Bank and Trust Company Synovus Trust Company Columbus Universal Bank The Citizens Bank Bank of Hazlehurst Commercial Bank & Trust Company of Troup County

CARROLLTON Carrollton
CARTERSVILLE Cartersville
CARTERSVILLE Cartersville
CEDARTOWN Cedartown
CHARLOTTE, NC ATLANTA Atlanta
CHARLOTTE, NC Savannah
CHATSWORTH Chatsworth
CLAYTON Clayton
CLAYTON Clayton
CLEVELAND Cleveland
COLQUITT Colquitt Pineview
COLUMBUS COLUMBUS Albany Americas Athens Brunswick Carrollton Cochran Columbus Columbus Columbus Fort Valley Hazlehurst
LaGrange

8-12-85 4-28-83 10-18-89 5-20-86 3-17-86 7-01-76 12-12-85 3-03-83 10-06-89 5-12-83 9-19-84 4-09-91
8-25-86 7-01-76

-26-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES OLEAD BANK)

NAME

CITY

APPROVED

SYNOVUS FINANCIAL CORP. (Continued) The National Bank of Walton County Bank of Coweta Peachtree National Bank Citizens First Bank
Sea Island Bank Commercial Bank First Community Bank of Tifton First State Bank and Trust Company of Valdosta CB&T Bank of Middle Georgia COHUTTA BANCSHARES, INC. Cohutta Banking Company FIRST COMMERCIAL BANCSHARES, INC.

Monroe Newnan Peachtree City Rome Statesboro Thomasville Tifton Valdosta Warner Robins CHATSWORTH Chatsworth FORT RUCKER, AL

11-30-82 10-04-88

FIRST COMMERCE BANCORP, INC. "The First National Bank of Commerce

COMMERCE Commerce

10-27-81

CENTRAL BANCSHARES, INC. 'Central Bank & Trust

CORDELE Cordele

5-24-93

MID STATE BANKS, INC. 'Cordele Banking Company Planters Bank

CORDELE Cordele Hawkinsville

3-05-80

COMMUNITY BANKSHARES INC. Community Bank & Trust - Jackson Community Bank & Trust - Habersham The Bank of Troup County

CORNELIA Commerce Cornelia LaGrange

3-12-81

HABERSHAM BANCORP Habersham Bank

CORNELIA Clarkesville

12-05-84

FNB NEWTON BANKSHARES, INC. First National Bank of Newton County

COVINGTON Covington

11-30-84

MAIN STREET BANKS INCORPORATED Main Street Savings Bank, F.S.B.
*The Bank of Covington Southern Heritage Savings Bank

COVINGTON Conyers Covington Winterville

11-07-88

TCB BANCSHARES, INC. The Commercial Bank

CRAWFORD Crawford

8-10-89

CENTURY SOUTH BANKS, INC. First National Bank of Union County Fannin County Bank, N.A.

DAHLONEGA Blairsville Blue Ridge

4-20-82

-27-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

CENTURY SOUTH BANKS, INC. (Continued) 'Bank of Ddhlonega The Bank of Ellijay Georgia First Bank

Dahlonega Ellijay Gainesville

D/W BANKSHARES. INC 'Dalton/Whitfield Bank & Trust

DALTON Dalton

3-18-94

HARDWICK HOLDING COMPANY First National Bank of Northwest Georgia `Hardwick Bank & Trust Company

DALTON Calhoun Dalton

9-23-80

SOUTHEASTERN BANKING CORPORATION `Southeastern Bank

DARIEN Darien

4-14-81

DAWSON BANCSHARES, INC. `Bank of Dawson

DAWSON Dawson

9-19-83

DAWSON COUNTY BANCSHARES, INC. `Dawson County Bank
FIDELITY SOUTHERN CORPORATION `Fidelity National Bank

DAWSONVILLE Dawsonville
DECATUR Decatur

12-03-84 12-18-79

M & F FINANCIAL CORPORATION `Merchants and Farmers Bank

DONALSONVILLE Donalsonville

2-01-85

FNC BANCORP, INC. `First National Bank of Coffee County

DOUGLAS Douglas

3-19-91

SOUTHLAND BANK CORP. `The Citizens State Bank Coffee County Bank Crawford County Bank

DOUGLAS Butler Douglas Roberta

2-13-84

CITIZENS & MERCHANTS CORPORATION `Citizens & Merchants State Bank
THORNTON HOLDING COMPANY, INC. `Douglas County Bank
FARMERS BANCSHARES, INC. `Farmers State Bank The Security State Bank
MORRIS STATE BANCSHARES, INC. `The Morris State Bank

DOUGLASVILLE Douglasville
DOUGLASVILLE Douglasville
DUBLIN Cadwell McRae
DUBLIN Dublin

11-09-89 12-17-81 7-24-79
5-24-89

-28-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

GWINNETT BANCORP, INC 'Gwinnett National Bank

DULUTH Duluth

1-27-89

MT, VERNON FINANCIAL CORP. 'Mount Vernon Federal Savings Bank
CCB FINANCIAL CORPORATION 'Central Carolina Bank - Georgia

DUNWOODY Dunwoody
DURHAM, NC Columbus

12-03-93 1-22-92

FIRST BANKSHARES, INC. 'First Bank of Georgia

EAST POINT East Point

8-25-94

CITIZENS CORPORATION 'Citizens Bank & Trust Company Citizens Bank & Trust Company of Mount Vernon

EASTMAN Eastman Mount Vernon

1-15-85

JESUP FAMILY LIMITED PARTNERSHIP 'Bank of Eastman

EASTMAN Eastman

4-17-90

PEOPLES BANKSHARES, INCORPORATED 'The Peoples Bank
PUTNAM-GREENE FINANCIAL CORPORATION 'Farmers & Merchants Bank First Bank of Coastal Georgia The Farmers Bank

EATONTON Eatonton
EATONTON Eatonton Pembroke Union Point

2-17-84 4-03-87

BOE BANCSHARES, INC. 'The Bank of Edison

EDISON Edison

MCCONNELL & CO., AND EBERHARDT, INC. JAM FAMILY PRTSHP 1, LP, & JAM FAMILY PRTSHP II, LP PINNACLE FINANCIAL CORPORATION 'First National Bank in Elberton
Tri-County Bank of Royston

ELBERTON ELBERTON ELBERTON Elberton Royston

3-05-84
12-23-93 12-23-93 4-01-83

MIDDLE GEORGIA CORPORATION 'Bank of Ellaville CBA BANKSHARES, INC. 'Citizens Bank of Americas

ELLAVILLE Ellaville AMERICUS Americas

5-08-81 5-27-92

FAIRBANCO HOLDING COMPANY, INC. 'Fairburn Banking Company

FAIRBURN Fairburn

6-11-84

SOUTHSIDE FINANCIAL GROUP, INC. 'Citizens Bank and Trust of Fayette County

FAYETTEVILLE Fayetteville

6-04-94

-29-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

COLONY BANKCORP, INC. Ashburn Bank Bank of Dodge County *The Bank of Fitzgerald Community Bank of Wilcox Bank of Worth

FITZGERALD Ashburn Eastman Fitzgerald Pitts Sylvester

4-15-83

COUNTRY BANK COMPANY *Monroe County Bank

FORSYTH Forsyth

2-25-82

CATOOSA BANCSHARES, INC. 'Capital Bank

FORT OGLETHORPE 12-15-80 Fort Oglethorpe

FIRST NATIONAL BANCORP
Citizens Bank Bank of Clayton The First National Bank of White County First National Bank of Habersham The Peoples Bank of Forsyth County The First National Bank of Paulding County The Commercial Bank Granite City Bank First National Bank of Gilmer County 'The First National Bank of Gainesville Bank of Banks County Pickens County Bank The First National Bank of Jackson County The Citizens Bank Bank of Villa Rica Barrow Bank & Trust Company

GAINESVILLE
Ball Ground Clayton Cleveland Cornelia Gumming Dallas Douglasville Elberton
Ellijay Gainesville Homer Jasper Jefferson Toccoa
Villa Rica Winder

5-11-81

LANIER BANKSHARES, INC. 'Lanier National Bank

GAINESVILLE Gainesville

4-18-89

FIRST CITIZENS BANKSHARES, INC 'First Citizens Bank

GLENNVILLE Glennville

12-16-80

CITIZENS FINANCIAL SERVICES, INC. 'Citizens Union Bank

GREENSBORO Greensboro

6-17-85

FNB BANKING COMPANY The First National Bank of Barnesville 'First National Bank of Griffin

GRIFFIN Barnesville Griffin

1-17-83

GF BANCSHARES, INC. 'Griffin Federal Savings Bank

GRIFFIN Griffin

12-17-92

-30-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES OLEAD BANK)

NAME

CITY

APPROVED

THE BANK HOLDING COMPANY `The Bank of Spalding County First Community Bank of Henry County

GRIFFIN Griffin McDonough

8-30-93

CCB BANCSHARES, INC, `Citizens Community Bank

HAHIRA Hahira

12-15-82

LOWNDES BANCSHARES, INC. `Commercial Banking Company

HAHIRA Hahira

9-16-85

MGEORGIA BANKSHARES, INC, `The Pulaski Banking Company

HAWKINSVILLE Hawkinsville

3-23-87

COASTAL BANKSHARES, INC, `The Coastal Bank

HINESVILLE Hinesville

7-07-82

LIBERTY SHARES, INC. `The Hinesville Bank

HINESVILLE Hinesville

10-24-84

COMMUNITY TRUST FINANCIAL SERVICES CORPORATION `Community Trust Bank

HIRAM Hiram

2-06-91

FIRST HOGANSVILLE BANKSHARES, INC. `The Citizens Bank
EMPIRE BANK CORP., INC. `Empire Banking Company
MCINTOSH BANCSHARES, INC. `McIntosh State Bank

HOGANSVILLE Hogansville
HOMERVILLE Homerville
JACKSON Jackson

9-23-82 11-22-88 4-24-91

BARNETT BANKS, INC. ANB BANKSHARES, INC. `Barnett Bank of Southeast Georgia, N.A, SUNCOAST BANCORP, INC. FIRST CITY BANCORP, INC. `Barnett Bank of Southwest Georgia

JACKSONVILLE, FL BRUNSWICK Brunswick VERO BEACH, FL ATLANTA Columbus

11-25-86 9-19-84
11-25-86 12-02-80

CRESCENT BANKING COMPANY `Crescent Bank and Trust Company

JASPER Jasper

4-03-92

JBC BANCSHARES, INC. `Jasper Banking Company

JASPER Jasper

7-10-85

WAYNE BANCORP, INC. `Wayne National Bank
SOUTHERN CRESCENT FINANCIAL CORP. `Southern Crescent Bank

JESUP Jesup
JONESBORO Union City

6-14-90 10-19-89

-31 -

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

FIRST ALLIANCE BANCORP, INC, *First Alliance Bank

KENNESAW Marietta

11-14-88

WESTSIDE FINANCIAL CORPORATION *The Westside Bank & Trust Company

KENNESAW Kennesaw

07-05-94

FMB BANCSHARES, INC, 'Farmers and Merchants Bank The United Banking Company

LAKELAND Lakeland Nashville

10-11-84

FIRST SECURITY BANKSHARES, INC. Braselton Banking Company Bank of Hartwell
'Northeast Georgia Bank

LAVONIA Braselton Hartwell Lavonia

11-15-83

COMMERCIAL BANCORP OF GWINNETT, INC. 'Commercial Bank of Gwinnett

LAWRENCEVILLE Lawrenceville

6-06-90

GWINNETT BANCSHARES, INC. 'Gwinnett Federal Bank, Federal Savings Bank

LAWRENCEVILLE Lawrenceville

3-29-90

LAFAYETTE BANKSHARES, INC. 'The Bank of LaFayette, Georgia

LAFAYETTE LaFayette

1-03-84

FLAG FINANCIAL CORPORATION 'First Federal Savings Bank of LaGrange

LAGRANGE LaGrange

2-23-94

LINCOLN BANCSHARES, INC. 'Farmers State Bank

LINCOLNTON Lincolnton

12-03-84

PERSONS BANKING COMPANY, INC. 'The Peoples Bank The Bank of Perry

LITHONIA Lithonia Perry

8-22-80

THE QUEENSBOROUGH COMPANY 'The First National Bank & Trust Company Bank of Wadley

LOUISVILLE Louisville Wadley

11-18-85

SOUTH GEORGIA BANKSHARES CORP. 'Peoples Bank

LYONS Lyons

12-17-80

COMMUNITY FINANCIAL CORPORATION 'Community Bank & Trust Company

MABLETON Mableton

5-09-88

-32-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

BANK CORPORATION OF GEORGIA First South Bank of Ben Hill County, N.A.
*First South Bank, N.A. First South Bank of Middle Georgia, N.A. First South Bank of Coweta County, N.A. AMERICORP, INC.
'Ameribank, N.A,

MACON
Fitzgerald Fort Valley Macon Newnan SAVANNAH Savannah

5-13-80 12-27-84

FIRST LIBERTY FINANCIAL CORPORATION 'First Liberty Bank

MACON Macon

7-16-85

SNB BANCSHARES, INC. 'Security National Bank

MACON Macon

8-16-94

MADISON BANK CORP 'Bank of Madison

MADISON Madison

7-10-85

F AND M HOLDING COMPANY, INC. *F & M Bank and Trust Company

MANCHESTER Manchester

12-14-84

AMERICAN BANKSHARES, INC. 'Cobb American Bank and Trust Company

MARIETTA Marietta

12-22-88

THREE RIVERS BANCSHARES 'Bank of Milan

MILAN Milan

6-23-87

BALDWIN BANCSHARES, INC. 'First National Bank of Baldwin County
CENTRAL AND SOUTHERN HOLDING COMPANY The Central and Southern Bank of Greensboro 'The Central & Southern Bank of Georgia

MILLEDGEVILLE Milledgeville
MILLEDGEVILLE Greensboro Milledgeville

2-14-89 3-06-81

CENTURY BANCORP, INC. 'Century Bank and Trust

MILLEDGEVILLE Milledgeville

2-22-93

EXCHANGE BANKSHARES, INC. 'Exchange Bank

MILLEDGEVILLE Milledgeville

10-05-83

REGIONS FINANCIAL CORPORATION 'Regions Bank of Georgia First Rome Bank

MONTGOMERY, AL Columbus Rome

7-24-91

FMB BANKING CORPORATION 'First Merchants Bank

MONTICELLO, FL Thomasville

11-25-86

-33-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

ABC BANCORP Cairo Banking Company 'American Banking Company Bank of Quitman Bank of Thomas County The Citizens Bank of Tifton

MOULTRIE Cairo Moultrie Quitman Thomasville Tifton

3-23-81

THE NASHVILLE HOLDING COMPANY Adel Banking Company *The Citizens Bank

NASHVILLE Adel Nashville

5-16-85

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA The Prudential Savings Bank, FSB PRUCO, INC. *The Prudential Bank and Trust Company

NEWARK, NJ Cartersville NEWARK, NJ
Atlanta

6-27-83 6-27-83

FIRST CAPITAL BANCORP, INC. 'First Capital Bank

NORCROSS Atlanta

6-28-93

FIRST GWINNETT BANCSHARES, INC. 'First Gwinnett Bank

NORCROSS Norcross

7-20-90

FIRST SECURITY CORPORATION 'First Security National Bank

NORCROSS Norcross

9-14-89

IRWIN BANKCORP, INC. 'The Bank of Ocilla, Georgia

OCILLA Ocilla

9-24-84

PATTERSON BANKSHARES, INC. 'The Patterson Bank

PATTERSON Patterson

1-17-86

FAYETTE COUNTY BANCSHARES, INC. 'Fayette County Bank

PEACHTREE CITY Peachtree City

6-29-89

PBC BANCSHARES, INC. 'Pelham Banking Company

PELHAM Pelham

10-25-90

CROSSROADS BANCSHARES, INC. 'Crossroads Bank of Georgia

PERRY Perry

6-02-92

TATTNALL BANCSHARES, INC. 'The Tattnall Bank
GEORGIA COMMUNITY BANCORP, INC. Bank of Terrell Commercial State Bank 'The Citizens State Bank

REIDSVILLE
Reidsville REYNOLDS Dawson Donalsonville Reynolds

3-03-86 10-25-84

-34-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

BRYAN BANCORP OF GEORGIA, INC. *Bryan Bank & Trust

RICHMOND HILL Richmond Hill

8-11-89

CIRCUIT CITY STORES, INC. *First North American National Bank

RICHMOND, VA Marietta

7-27-90

NW SERVICES CORPORATION Northwest Georgia Bank

RINGGOLD Ringgold

12-14-83

TARA BANKSHARES CORPORATION Tara State Bank

RIVERDALE Riverdale

7-10-87

FIRST COMMUNITY BANCSHARES, INC. First Rome Bank

ROME Rome

3-17-88

STATE MUTUAL INSURANCE COMPANY STATCO, INC. 'Home Federal Savings Bank

ROME ROME Rome

6-06-90 6-06-90

ROSSVILLE BANKSHARES, INC. 'Rossville Bank

ROSSVILLE Rossville

8-13-84

NORTH FULTON BANCSHARES, INC. Milton National Bank

ROSWELL Roswell

8-21-90

SOUTHERN BANK GROUP, INC. The Northside Bank & Trust Company

ROSWELL Roswell

5-08-87

METRO FINANCIAL CORPORATION Metro Bank

SANDY SPRINGS - 2-27-90 Sandy Springs

SARDIS BANKSHARES, INC. Bank of Burke County

SARDIS Sardis

11-05-86

THE SAVANNAH BANCORP, INC. *The Savannah Bank, National Association

SAVANNAH Savannah

7-09-90

SB&T CORPORATION Smyrna Bank & Trust Co.

SMYRNA Smyrna

10-22-87

BUTTON GWINNETT FINANCIAL CORP. The Bank of Gwinnett County
GEORGIA CENTRAL BANCSHARES, INC. Georgia Central Bank

SNELLVILLE Lawrenceville
SOCIAL CIRCLE Social Circle

7-30-87 9-06-84

-35-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

SOPERTON NAVAL STORES, INC. SOPERTON BANCSHARES, INC. *The Bank of Soperton

SOPERTON
SOPERTON Soperton

7-01-92 8-26-88

FNB BANCSHARES, INC. 'First National Bank of Effingham
GOLDEN ISLES FINANCIAL HOLDINGS, INC. The First Bank of Brunswick

SPRINGFIELD Springfield
ST. SIMONS ISLAND Brunswick

8-17-94 5-05-89

GENERAL ELECTRIC COMPANY
GE FINANCIAL SERVICES, INC. GE CAPITAL CORPORATION Monogram Credit Card Bank of Georgia

STAMFORD, CT STAMFORD, CT STAMFORD, CT Atlanta

6-27-88

EAGLE BANCORP, INC. Eagle Bank and Trust

STATESBORO Statesboro

FIRST BANKING COMPANY OF SOUTHEAST GEORGIA Metter Banking Company First Bulloch Bank & Trust Company

STATESBORO Metter
Statesboro

HENRY COUNTY BANCSHARES, INC. *The First State Bank

STOCKBRIDGE Stockbridge

THE FIRST NATIONAL BANKSHARES OF HENRY COUNTY, INC. STOCKBRIDGE

The First National Bank of Henry County

Stockbridge

SPIVEY BANK SHARES, INC. Spivey State Bank

SWAINSBORO Swainsboro

SWAINSBORO BANKSHARES, INC. The Citizens Bank of Swainsboro

SWAINSBORO Swainsboro

3-05-90 2-08-82
3-07-83 10-16-89 8-25-86 5-27-92

SCREVEN BANCSHARES, INC. Farmers and Merchants Bank
FIRST BANK HOLDING COMPANY Sylvester Banking Company
WCG BANCSHARES, INC. West Central Georgia Bank
ALLIED BANKSHARES, INC. Bank of Morgan County Bank of Millen Allied Bank of Georgia

SYLVANIA Sylvania
SYLVESTER Sylvester
THOMASTON Thomaston
THOMSON Madison Millen Thomson

10-15-90 8-22-83 12-10-82 12-03-84

-36-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

TIFTON BANKS, INC. 'Tifton Bank & Trust Company
TRI-STATES BANKSHARES, INC. Bank of Dade
TAG BANCSHARES, INC. Citizens Bank and Trust, Inc.
SUMMERVILLE/TRION BANCSHARES, INC. First National Bank of Chattooga County
EAGLE BANCSHARES, INC. Tucker Federal Savings and Loan Association
MERIT HOLDING COMPANY Mountain National Bank Charter Bank and Trust Co.
MIDDLE GEORGIA BANKSHARES, INC. Citizens Bank
ALTAMAHA BANCSHARES, INC. 'Altamaha Bank and Trust Company
PAB BANKSHARES, INC. Farmers and Merchants Bank *The Park Avenue Bank
VB&T BANCSHARES CORP. Valdosta Bank and Trust
DBT HOLDING COMPANY Darby Bank and Trust Company
VIDALIA BANKSHARES, INC. First Community Bank of Vidalia
DOOLY BANCSHARES, INC. Bank of Dooly
CB FINANCIAL CORP. Citizens Bank
WASHINGTON/WILKES HOLDING COMPANY Farmers and Merchants Bank
JONES BANCSHARES, L.P. BLACKSHEAR BANCSHARES, INC. *The Blackshear Bank

TIFTON Tifton
TRENTON Trenton
TRENTON Trenton
TRION Summerville
TUCKER Tucker
TUCKER Tucker Marietta
UNADILLA Vienna
UVALDA Uvalda
VALDOSTA Adel Valdosta
VALDOSTA Valdosta
VIDALIA Vidalia
VIDALIA Vidalia
VIENNA Vienna
WARRENTON Warrenton
WASHINGTON Washington
WAYCROSS BLACKSHEAR Blackshear

3-14-91 4-27-82 6-28-91 2-14-86 1-24-86 4-24-91
10-31-83 11-03-80 8-02-82
11-29-90 1-26-90 5-27-92 4-03-85 1-09-86 3-20-86
10-29-93 12-18-90

-37-

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES (*=LEAD BANK)

NAME

CITY

APPROVED

WB&T BANKSHARES, INC. `Waycross Bank & Trust
FIRST BURKE BANKING COMPANY `The First National Bank
FIRST BANKSHARES OF WEST POINT, INC. `First National Bank of West Point
ATKINSON COUNTY BANKSHARES CORPORATION `The Peoples Bank
PEOPLES HOLDING COMPANY `The Peoples Bank

WAYCROSS Waycross
WAYNESBORO Waynesboro
WEST POINT West Point
WILLACOOCHEE Willacoochee
WINDER Winder

11-22-89 2-26-86 7-13-83 9-18-80 11-17-83

WACHOVIA CORPORATION `Wachovia Bank of Georgia, National Association
WOODBURY BANCSHARES, INC. `The Woodbury Banking Company
TSB BANCORP, INC. `Talbot State Bank
FIRST CHEROKEE BANCSHARES, INC. `First National Bank of Cherokee
CSRA BANK CORP. `First State Bank
WRIGHTSVILLE BANCSHARES, INC. The Knight State Bank `Bank of Wrightsville

WINSTON-SALEM, NC 10-28-85 Atlanta

WOODBURY Woodbury

12-08-83

WOODLAND Woodland

5-02-88

WOODSTOCK Woodstock

12-20-88

WRENS Wrens

5-14-90

WRIGHTSVILLE Dexter Wrightsville

11-03-86

NOTE: Bank and savings and loan subsidiaries located in other states are omitted. Formations and acquisitions occurring during 1994 are reflected in the listing above. A detailed listing can be requested by contacting the Department,

-38-

GEORGIA BANKS
__________________________________ v DISTRIBUTION BY ASSET SIZE

Legend | Over 1 Billion ( 9 Banks) Over 100 Million ( 95 Banks)! Ovor50 Mi||ion 316%
Over 50 Million (122 Banks) Q Over 10 Million (152 Banks) HH Under 10 Million ( 8 Banks)

| Over 100 Million 24.6%

The chart above portrays the size distribution of the 384 national and statechartered banks located in Georgia, one state-chartered savings bank, and one state-chartered trust company.

-39-

ASSETS

ABSTRACT OF REPORTS OF CONDITION OF STATE AND NATIONAL BANKS IN GEORGIA AS OF DECEMBER 31, 1994
WITH COMPARATIVE STATEMENT AS OF DECEMBER 31, 1993

(AMOUNTS IN MILLIONS)

12-31-94

12-31-93

*386 Banks *399 Banks

Gross Loans . . . .................................................................................... 64,152

Reserve for Loan Losses.....................................................................0-174)

Unearned Income ........................................................................

n4~)

Net Loans............................................................................................. 62,964

Lease Financial Receivables................................................................ 1,250

Interest Bearing Depository Balances................................................... 692

Securities............................................................................................... 19,790

Trade Account........................................................................................ 159

Federal Funds Sold and Securities Purchased

under Agreement to Resell ......................................................... 4,253

TOTAL EARNING ASSETS....................................................................... 89,108

56,431 (1,066)
('122') 55,243
921 1,371 18,359
175
4,438 80,507

Cash and Non-Interest Bearing Depository Balances....................... 5,954 Bank Premises, Furniture and Fixtures ................................................ 1,453
Other Real Estate Owned........................................................................ 161 Intangible Assets...................................................................................... 352 All Other Assets................................................................................. 2.509 TOTAL ASSETS ................................................................................... 99.537

5,155 1,416
236 334 2,426 90,074

LIABILITIES

Demand Deposits of IPC-Domestic ................................................ 12,828

Time and Savings Deposits of IPC - Domestic................................ 46,633

Deposits in Foreign Offices ................................................................. 2,618

Deposits of U.S. Government ............................................................... 524

Deposits of State, Counties and Municipalities.................................. 3,862

Certified and Officers'Checks ............................................................. 316

All Other Deposits............................................................................

141

TOTAL DEPOSITS................................................................................... 66,922

Federal Funds Purchased and Securities Sold under Agreement to Repurchase ................................................ 15,446
Other Liabilities for Borrowed Money ................................................ 4,313 Mortgage Indebtedness........................................................................... 22 All Other Liabilities............................................................................ 2.824 TOTAL LIABILITIES................................................................................. 89,527

Subordinated Notes and Debentures.......................................

1,029

EQUITY CAPITAL

Preferred Stock........................................................................................ 149 Common Stock........................................................................................ 592 Surplus...................................................................................................... 4,113 Undivided Profits and Capital Reserves ............................................ 3,996 Adjustments to Capital...................................................................... 131 TOTAL EQUITY CAPITAL ........................................................................ 8,981

12,334 46,252
883 528 2,932 333
12 63,274
11,263 3,426
24 3.068 81,055
564
150 604 3,714 3,987 ______ 8,455

TOTAL LIABILITIES, SUBORDINATED NOTES AND DEBENTURES, AND EQUITY CAPITAL .................................................. 99.537
`Includes one savings bank; does not include trust companies

90.074

-40-

STATEMENT OF EARNINGS AND EXPENSES OF STATE AND NATIONAL BANKS IN GEORGIA AS OF DECEMBER 31, 1994
WITH COMPARATIVE STATEMENT AS OF DECEMBER 31, 1993 (AMOUNTS IN MILLIONS)

INTEREST INCOME

12-31-94 *386 Banks

12-31-93 *399 Banks

Interest and Fees on Loans................................................................. 5,173 Income from Lease Financing ............................................................. 80 Interest on Balances with Depository Institutions.................................. 40 Income on Federal Funds Sold and Securities Purchased
under Agreement to Resell ............................................................. 176 Interest and Dividends from Securities ..............................................1,050 Trading Account Interest .................................................................. 8 TOTAL INTEREST INCOME .................................................................... 6,527

4,366 59 37
110 1,105
H 5,688

TOTAL INTEREST EXPENSE ................................................................. 2,604

NET INTEREST INCOME ........................................................................ 3,923

TOTAL NONINTEREST INCOME ............................................................. 1,735

TOTAL OVERHEAD EXPENSE................................................................. 3,482

PROVISIONS FOR LOAN LOSSES............................................................ 386

SECURITIES GAINS AND LOSSES.....................................................

(6}

NET OPERATING INCOME BEFORE TAXES........................................... 1,784

APPLICABLE INCOME TAXES ........................................................... 573

NET OPERATING INCOME AFTER TAXES ..............................................1,211

EXTRAORDINARY INCOME OR EXPENSES, NET..............................

0

NET INCOME ..........................................................................................1,211

INTEREST EXPENSE

Interest on Deposits .......................................................................... 1,829 Expense on Federal Funds Purchased and
Securities Sold under Agreement to Repurchase ........................ 556 Interest on Other Borrowed Money .................................................. 175 Interest on Mortgages and Leases............................................................ 2 Interest on Subordinated Notes and Debentures........................... 42 TOTAL INTEREST EXPENSE .................................................................... 2,604

2,168 3,520 1,554 3,251
424 24
1.423 442 981 U 992
1,755
301 83 3 26
2,168

OVERHEAD EXPENSE

Salaries and Employee Benefits .......................

1,322

Net Occupancy Expense of Bank Premises and

Equipment Expenses ........................................................................ 412

Other Noninterest Expenses ........................................................... 1-748

TOTAL OVERHEAD EXPENSE................................................................. 3,482

1,249
392 1,610 3,251

`includes one savings bank; does not include trust companies

-41 -

CITY
Abbeville Abbeville Adairsville Adel Adel Ailey Alamo Alapaha Albany
Albany Albany
Albany
Allentown Alma Alma Alpharetta Americus Americus
Ashburn Ashburn Athens
Athens
Athens Athens
Atlanta
Atlanta
Atlanta
Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta
Atlanta

COUNTY
Wilcox Wilcox Bartow Cook Cook Montgomery Wheeler Berrien Dougherty
Dougherty Dougherty
Dougherty
Wilkinson Bacon Bacon Fulton Sumter Sumter
Turner Turner Clarke
Clarke
Clarke Clarke
Fulton
Fulton
Fulton
Fulton Fulton Dekalb Fulton Dekalb Fulton
Fulton

STATE AND NATIONAL BANKS
NAME OF BANK
Dorsey State Bank Wilcox County State Bank * Bank of Adairsville Adel Banking Company Farmers and Merchants Bank Montgomery County Bank Wheeler County State Bank Bank of Alapaha * First National Bank of South Georgia First State Bank & Trust Company Security Bank and Trust Company of Albany * Trust Company Bank of South Georgia, N.A. The Four County Bank Alma Exchange Bank & Trust * The First National Bank of Alma First Colony Bank Citizens Bank of Americus Sumter Bank and Trust Company Ashburn Bank * Community National Bank * Athens First Bank & Trust Company First American Bank and Trust Company * Georgia National Bank * Trust Company Bank of Northeast Georgia, N.A. AmTrade International Bank of Georgia * Bank South, National Association

BEGIN BUSINESS
10-04-1972 04-22-1952
1899 03-01-1929 01-15-1948 03-01-1926 01-17-1945 03-25-1905 05-29-1991
03-31-1961 08-31-1970
11-01-1945
09-15-1941 10-14-1939 05-01-1951 01-18-1985 03-25-1937 10-28-1974
1900 08-06-1990 05-01-1929
11-01-1949
01-04-1988 1866
03-19-1993
12-07-1909

Capitol City Bank & Trust Company * Citizens Trust Bank Commercial Bank of Georgia * Embry National Bank First Capital Bank First Financial Bank * First Union National Bank of Georgia * The Bankers Bank

10-03-1994
08-17-1921 06-20-1988 12-07-1987 12-18-1989 05-07-1993 03-06-1970
01-31-1986

TOTAL ** ASSETS
4,529 25,616 28,582 47,728 36,691 57,077 17,628 35,893 46,086
325,466 183,269
535,627
25,236 39,445 80,984 55,760 89,375 164,710
75,755 61,076 478,217
89,341
65,965 307,225
127,669
6,872,695
7,171
133,306 126,181 63,109 78,170 260,534 9,083,576
303,242

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-42-

CITY

COUNTY

Atlanta
Atlanta
Atlanta Atlanta
Atlanta Atlanta Atlanta
Augusta
Augusta
Bainbridge Bainbridge Ball Ground Barnesville
Barnesville Berwick Baxley Blackshear Blackshear Blairsville
Blairsville Blakely Blakely Blue Ridge Blue Ridge Braselton Broxton Brunswick
Brunswick Brunswick Brunswick
Buchanan
Buford Butler Byron Cadwell

Fulton
Fulton
Fulton Fulton
DeKalb Fulton Fulton
Richmond
Richmond
Decatur Decatur Cherokee Lamar
Lamar Brooks Appling Pierce Pierce Union
Union Early Early Fannin Fannin Jackson Coffee Glynn
Glynn Glynn Glynn
Haralson
Gwinnett Taylor Peach Laurens

STATE AND NATIONAL BANKS
NAME OF BANK
Monogram Credit Card Bank of Georgia The Prudential Bank and Trust Company * SouthTrust Bank of Georgia, N.A. * SouthTrust Estate and Trust Company of Ga, NA * The Summit National Bank * Trust Company Bank * Wachovia Bank of Georgia, National Association Georgia Bank & Trust Company of Augusta * Trust Company Bank of Augusta, N.A. * Bainbridge National Bank The First Port City Bank Citizens Bank * The First National Bank of Barnesville United Bank Barwick Banking Company Peoples State Bank & Trust * The Blackshear Bank Peoples Bank * First National Bank of Union County Union County Bank Bank of Early First State Bank of Blakely * Fannin County Bank, N.A. Peoples Bank of Fannin County Braselton Banking Company Broxton State Bank * Barnett Bank of Southeast Georgia, N.A. The Coastal Bank of Georgia The First Bank of Brunswick * Trust Company Bank of Southeast Georgia, N.A. * The First National Bank of Haralson County Peoples Bank & Trust The Citizens State Bank Middle Georgia Bank Farmers State Bank

BEGIN BUSINESS
06-27-1988
09-04-1945
04-25-1985 05-01-1992
03-10-1988 1891 1865
08-28-1989
1871
04-01-1991 10-07-1974 10-01-1926 04-02-1902
06-01-1972 06-01-1967 07-01-1966
1892 08-05-1946 01-04-1982
03-01-1950 04-28-1941 05-15-1937 05-31-1994 08-01-1986 12-18-1948 09-01-1966
1889
06-01-1950 07-02-1990
1894
03-04-1909
12-13-1984 09-04-1926 02-04-1963 08-23-1972

TOTAL ** ASSETS
2,735,384
1,349,798
3,393/488 1,957
106,216 10,966,412 14,550,358
158,734
414,564
70,250 58,847 85,090 66,123
63,562 5,905
33,699 29,536 72,624 45,140
211,664 40,587 68,668 63/482 86,903
7,789 19,629 209,419
143,105 56,666 404,117
111,493
98,454 29,950 100,212 52,045

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-43-

CITY

COUNTY

Cairo Cairo Cairo

Grady Grady Grady

Calhoun

Gordon

Calhoun Camilla Camilla Canton Canton Canton Carnesville Carrollton

Gordon Mitchell Mitchell Cherokee Cherokee Cherokee Franklin Carroll

Carrollton

Carroll

Carrollton

Carroll

Cartersville Cartersville Cave Spring Cedartown

Bartow Bartow Floyd Polk

Chatsworth Chatsworth

Murray Murray

Chickamauga Walker

Clarkesville Habersham

Claxton

Evans

Claxton

Evans

Clayton

Rabun

Clayton

Rabun

Clayton

Rabun

Cleveland

White

Cleveland Cobbtown Cochran Cochran Colquitt Columbus

White Tattnall Bleckley Bleckley Miller Muscogee

Columbus Columbus

Muscogee Muscogee

STATE AND NATIONAL BANKS
NAME OF BANK
Cairo Banking Company Citizens Bank First National Bank of Grady County First National Bank of Northwest Georgia Georgia Bank & Trust Bank of Camilla Planters & Citizens Bank Bank of Canton Etowah Bank Security State Bank First Bank and Trust Citizens Bank and Trust of West Georgia The Community Bank of Carrollton West Georgia National Bank of Carrollton Bartow County Bank First Community Bank & Trust 1st Floyd Bank The First National Bank of Polk County Cohutta Banking Company The First National Bank of Chatsworth Bank of Chickamauga Habersham Bank The Claxton Bank Tippins Bank & Trust Company Bank of Clayton First Clayton Bank & Trust Rabun County Bank The First National Bank of White County White County Bank The Brown Bank The Citizens Bank of Cochran State Bank of Cochran Peoples Community Bank Barnett Bank of Southwest Georgia Central Carolina Bank - Georgia Columbus Bank and Trust Company

BEGIN BUSINESS
11-23-1903 01-01-1904 06-19-1918
01-12-1905
02-15-1988 1890
05-24-1913 1892
01-29-1927 10-22-1990 08-01-1960 07-01-1947
06-15-1988
09-16-1946
03-28-1974 10-23-1989 06-15-1967 01-01-1920
01-24-1906 08-18-1975
05-10-1910 05-01-1904 02-24-1941 09-03-1940 07-01-1904 03-05-1990 10-10-1975 11-17-1986
10-29-1976 06-24-1970 07-01-1942 01-05-1922 10-19-1973 12-01-1934
05-28-1993 1889

TOTAL ASSETS
80,325 20,802 85,250
179,114
93,864 52,119 61,467 244,082 258,373 40,015 59,888 211,386
42,128
142,943
90/198 57,514 20,351 79,859
123,129 57,129
43,424 160,957 72,201 36,144 105,223 39,518 56,845 114,724
64,966 7438
43,953 69,102 43,945 353,282
22,213 1,553,577

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-44-

CITY

COUNTY

Columbus Columbus
Columbus
Columbus Comer
Commerce
Commerce
Conyers Cordele Cordele Cordele
Cornelia
Cornelia
Covington Covington
Crawford Gumming Gumming
Cuthbert
Dahlonega Dahlonega Dallas
Dalton Dalton
Danielsville Darien Dawson Dawson Dawsonville Dawsonville
Decatur Decatur

Muscogee Muscogee
Muscogee
Muscogee Madison
Jackson
Jackson
Rockdale Crisp Crisp Crisp
Habersham
Habersham
Newton Newton
Oglethorpe Forsyth Forsyth
Randolph
Lumpkin Lumpkin Paulding
Whitfield Whitfield
Madison McIntosh Terrell Terrell Dawson Dawson
DeKalb DeKalb

STATE AND NATIONAL BANKS
NAME OF BANK
Regions Bank of Georgia SouthTrust Bank of Columbus,N. A. Trust Company Bank of Columbus, N.A. Universal Bank Merchants and Farmers Bank of Comer, Georgia Community Bank & Trust Jackson The First National Bank of Commerce Rockdale Community Bank Central Bank & Trust Cordele Banking Company First State Bank and Trust Compdny in Cordele Community Bank & Trust Habersham First National Bank of Habersham The Bank of Covington First National Bank of Newton County The Commercial Bank Lanier Bank & Trust Company The Peoples Bank of Forsyth County First State Bank of Randolph County Bank of Dahlonega Lumpkin County Bank The First National Bank of Paulding County Dalton/Whitfield Bank & Trust Hardwick Bank & Trust Company Bank of Danielsville Southeastern Bank Bank of Dawson Bank of Terrell Dawson County Bank First Community Bank of Dawsonville Bank Atlanta Fidelity National Bank

BEGIN

TOTAL

BUSINESS ** ASSETS

07-29-1991 11-20-1989

109,163 131,555

1892

364,359

03-26-1990 10-10-1935

34,726 40,840

1892

49,544

01-01-1904

119/149

01-06-1989 06-30-1993 06-15-1927 01-03-1939

38,792 42,851 85,719 81,102

1900

152,519

09-15-1979

110,661

04-10-1901 08-28-1963

186,860 123,326

09-05-1924 10-08-1986 07-23-1984

39,864 52,377 121,606

01-02-1959

34,887

05-27-1914 12-14-1982 02-01-1922

123,275 31,852 170,811

04-30-1990 02-20-1922

107,231 241,204

01-15-1908 1889
07-01-1911 05-01-1936 07-13-1953 04-22-1991

48,048 245,823
58,905 68,527 55,023 39,951

12-15-1987 02-12-1974

35,174 428,928

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-45-

CITY

COUNTY

Dexter Donalsonville Donalsonville Douglas Douglas

Laurens Seminole Seminole Coffee Coffee

Douglasville Douglasville Douglasville Dublin Dublin Dudley Duluth Duluth Dunwoody

Douglas Douglas Douglas Laurens Laurens Laurens Gwinnett Gwinnett DeKalb

East Point Eastman Eastman Eastman Eatonton Eatonton Edison Elberton Elberton Ellaville Ellijay Ellijay

Fulton - Dodge
Dodge Dodge Putnam Putnam Calhoun Elbert Elbert Schley Gilmer Gilmer

Fairburn Fayetteville

Fulton Fayette

Fitzgerald

Ben Hill

Forsyth

Monroe

Forsyth

Monroe

Fort Oglethorpe Catoosa

Fort Valley

Peach

Fort Valley

Peach

Franklin

Heard

Gainesville

Hall

Gainesville

Hall

Gainesville

Hall

Gainesville

Hall

Gainesville

Hall

STATE AND NATIONAL BANKS
NAME OF BANK
The Knight State Bank Commercial State Bank Merchants and Farmers Bank Coffee County Bank First National Bank of Coffee County Citizens & Merchants State Bank The Commercial Bank Douglas County Bank Farmers and Merchants Bank The Morris State Bank Bank of Dudley Citizens Bank of Gwinnett Gwinnett National Bank The Enterprise National Bank of Atlanta First Bank of Georgia The Bank of Dodge County Bank of Eastman Citizens Bank & Trust Company Farmers & Merchants Bank The Peoples Bank The Bank of Edison First National Bank in Elberton Granite City Bank Bank of Ellaville The Bank of Ellijay First National Bank of Gilmer County Fairburn Banking Company Citizens Bank and Trust of Fayette County The Bank of Fitzgerald The Farmers Bank Monroe County Bank Capital Bank The Citizens Bank First South Bank, N.A. The Bank of Heard County The First National Bank of Gainesville Georgia First Bank Gainesville Bank & Trust Lanier National Bank Trust Company Bank of North Georgia

BEGIN BUSINESS
02-01-1967 12-16-1938 09-24-1925 07-01-1931 09-23-1991
10-06-1987 05-01-1942 06-24-1974 07-06-1910 10-02-1958 11-01-1905 04-16-1984 06-01-1989 06-01-1987
03-25-1988 09-26-1966 01-02-1919 04-01-1949 11-15-1922 05-01-1944
1904 03-12-1934 01-02-1928 09-16-1910 06-01-1914 08-29-1974
1902 08-06-1990
04-15-1976 1910
10-15-1908 08-07-1964 01-01-1907 10-15-1924 10-18-1905
1889
03-25-1985 02-01-1988 08-01-1989
1957

TOTAL ** ASSETS
30,146 40,343 41,526 56,333 44,051
50,102 136,877 51,198 196,294 74,347 43,467 74,852 42,211 53,103
65,790 28,317 76,779 71,293 71,683 54,659 36,103 121,334 102,794 42,522 105,730 49,392
73,314 70,581
89,814 40,004 33,089 61,148 60,523 111,518 39,422 999,757
101,510 103,759 61,381 318,320

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-46-

CITY

COUNTY

Gibson Glennville Glennville

Glascock Tattnall Tattnall

Gray Greensboro

Jones Greene

Greensboro Greenville

Greene Meriwether

Griffin Griffin Griffin Haddock Hahira Hahira Hartwell Hawkinsville Hawkinsville Hazlehurst Hiawassee Hiawassee Hinesville Hinesville Hiram Hogansville Homer Homerville Irwinton Jackson Jasper

Spalding Spalding Spalding Jones Lowndes Lowndes Hart Pulaski Pulaski Jeff Davis Towns Towns Liberty Liberty Paulding Troup Banks Clinch Wilkinson Butts Pickens

Jasper Jasper Jefferson

Pickens Pickens Jackson

Jeffersonville Jesup Kennesaw

Twiggs Wayne Cobb

Kingsland LaFayette LaGrange LaGrange

Camden Walker Troup Troup

Lakeland

Lanier

STATE AND NATIONAL BANKS
NAME OF BANK
Bank of Gibson First Citizens Bank The Glennville Bank and Trust Company Bank of Gray The Central and Southern Bank of Greensboro Citizens Union Bank The Greenville Banking Company The Bank of Spalding County First National Bank of Griffin United Bank of Griffin Jones County Bank Citizens Community Bank Commercial Banking Company Bank of Hartwell Planters Bank The Pulaski Banking Company Bank of Hazlehurst Bank of Hiawassee Towns County Bank The Coastal Bank The Hinesville Bank Community Trust Bank The Citizens Bank Bank of Banks County Empire Banking Company Wilkinson County Bank McIntosh State Bank Crescent Bank and Trust Company Jasper Banking Company Pickens County Bank The First National Bank of Jackson County Peoples State Bank Wayne National Bank The Westside Bank & Trust Company Citizens State Bank The Bank of LaFayette, Georgia The Bank of Troup County Commercial Bank & Trust Company of Troup County Farmers and Merchants Bank

BEGIN

TOTAL

BUSINESS ** ASSETS

11-27-1905 01-04-1943 01-18-1905

7,140 49,534 61,543

08-28-1909 10-14-1926

72,500 48,867

04-01-1946 1891

79,080 17,216

12-05-1986 05-12-1933 08-01-1927 07-25-1905 02-21-1927 04-05-1945 11-09-1961
1896 08-27-1949 10-01-1906 07-21-1909 12-08-1984 07-09-1970 11-15-1911 02-02-1988 12-11-1961 12-28-1974 06-01-1945 07-16-1907 09-18-1964 08-14-1989

59,489
145,754 88,683 4,084 42,473 21,354
52,393 52,731 49,842 40/136 100,787 35,089 73,407 135,209 63,254 26,388 58,798 47,691 22,204 69,186 44,443

03-12-1945 06-18-1977 01-01-1908

107,727 47,321 59,274

12-10-1969 09-26-1990 05-14-1990

13,348 33,198 51,248

10-27-1971 1899
12-15-1984 09-15-1941

11,447 105,997 25,799 131,883

1907

117478

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-47-

CITY

COUNTY

Lavonia Lavonia Lawrenceville Lawrenceville Lawrenceville Leary Lenox Lincolnton Lithonia Lithonia Loganville Louisville

Franklin Franklin Gwinnett Gwinnett Gwinnett Calhoun Cook Lincoln DeKalb DeKalb Walton Jefferson

Lumber City Lumpkin Lyons Mableton

Telfair Stewart Toombs Cobb

Macon

Bibb

Macon

Bibb

Macon Macon

Bibb Bibb

Madison Madison Manchester Marietta Marietta

Morgan Morgan Meriwether Cobb Cobb

Marietta Marietta

Cobb Cobb

McDonough Henry

McRae McRae Metter Metter Milan Milledgeville

Telfair Telfair Candler Candler Telfair Baldwin

Milledgeville Baldwin Milledgeville Baldwin

STATE AND NATIONAL BANKS
NAME OF BANK
Northeast Georgia Bank Peoples Bank, Lavonia, Georgia The Bank of Gwinnett County The Brand Banking Company Commercial Bank of Gwinnett Jordan Banking Company Bank of Lenox Farmers State Bank First Southern Bank The Peoples Bank Bank of Loganville The First National Bank & Trust Company Bank of Lumber City Farmers State Bank Peoples Bank Community Bank & Trust Company First Macon Bank & Trust Company First South Bank of Middle Georgia, N.A. Security National Bank Trust Company Bank of Middle Georgia, N.A. Bank of Madison Bank of Morgan County F & M Bank and Trust Company Charter Bank and Trust Co, Cobb American Bank and Trust Company First Alliance Bank First North American National Bank First Community Bank of Henry County The Merchants & Citizens Bank The Security State Bank Metter Banking Company Pineland State Bank Bank of Milan The Central & Southern Bank of Georgia Century Bank and Trust Exchange Bank

BEGIN

TOTAL

BUSINESS ** ASSETS

09-23-1940 10-10-1988 04-21-1988 07-17-1905 07-27-1990 01-03-1966 06-25-1907 12-02-1911 04-26-1989
1910 10-05-1946 01-01-1902

63,872 42467 126,987 201,801 72,149
7,159 17,158 46,909 36,588 50,340 32,007 82,891

07-02-1945 12-01-1911 06-01-1935 04-28-1986

11,343 27,082 34,383 65,046

07-15-1988

99,542

10-30-1992

28,187

11-03-1988 09-12-1912

78,117 531,849

1890 1898 02-21-1948 02-02-1989 04-17-1987

56,107 35,813 26,139 96,303 85,819

07-29-1985 11-19-1990

143,521 219,071

08-04-1984

49,071

03-28-1929 08-23-1972 08-26-1935 10-15-1962 10-01-1906
1884

40,891 29,542 76,570 27,831 17,742 158472

1898 06-01-1903

97,154 94,577

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-48-

CITY

COUNTY

Milledgeville Baldwin

Millen Millen Molena Monroe

Jenkins Jenkins Pike Walton

Monroe Monticello Moultrie Moultrie Mount Vernon

Walton Jasper Colquitt Colquitt Montgomery

Nashville Nashville Newington Newnan Newnan Newnan

Berrien Berrien Screven Coweta Coweta Coweta

Norcross Norcross Ocilla Ocilla Omega

Gwinnett Gwinnett Irwin Irwin Tift

Patterson

Pierce

Peachtree City Fayette

Peachtree City Fayette

Pearson

Atkinson

Pelham

Mitchell

Pembroke

Bryan

Perry

Houston

Perry

Houston

Pine Mountain Harris

Pineview

Wilcox

Pitts

Wilcox

Powder Springs Cobb

Quitman Quitman

Brooks Brooks

Reidsville Reynolds Richmond Hill Rincon

Tattnall Taylor Bryan Effingham

STATE AND NATIONAL BANKS
NAME OF BANK
First National Bank of Baldwin County Bank of Millen Ogeechee Valley Bank First Bank of Pike The National Bank of Walton County Walton Bank & Trust Co. Bank of Monficello American Banking Company Southwest Georgia Bank Citizens Bank & Trust Company of Mount Vernon The Citizens Bank The United Banking Company Bank of Newington Bank of Coweta The Bank of Newnan First South Bank of Coweta County, N.A. First Gwinnett Bank First Security National Bank The Bank of Ocilla, Georgia The First State Bank of Ocilla South Georgia Banking Company The Patterson Bank Fayette County Bank Peachtree National Bank The Citizens Exchange Bank Pelham Banking Company First Bank of Coastal Georgia The Bank of Perry Crossroads Bank of Georgia First Peoples Bank Pineview State Bank Community Bank of Wilcox Independent Bank & Trust Company Bank of Quitman The Citizens National Bank of Quitman The Tattnall Bank The Citizens State Bank Bryan Bank & Trust Effingham Bank & Trust

BEGIN

TOTAL

BUSINESS ** ASSETS

07-03-1989

45,694

1893 01-07-1974
1899 1891

41,724 19,477 14,860 113,873

08-15-1988 02-10-1964 10-01-1971 01-03-1928 01-24-1901

27,391 39,640 98/473 202/402 25,251

03-01-1943 07-15-1924 08-14-1919 10-06-1972 11-23-1987 10-30-1992

60,328 44,756 21,263 150,710 58,277 27,156

11-30-1987 06-25-1985 10-01-1956 06-01-1943 01-02-1968

56,608 44/432 39/443 33,084 97,799

06-19-1907 11-03-1989 09-11-1986 05-12-1945 12-08-1936 02-11-1938
1889 09-14-1987 07-09-1990 09-20-1910 06-01-1906 01-11-1990

35,487 64,955 76,708 14,879 38,001 54,849 48,733 50,168 36,320 13,890 22,354 59,817

1888 08-25-1934

37,529 36,382

1900 09-08-1922 12-27-1989 03-14-1988

39,267 25,702 46,424 24,450

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-49-

CITY

COUNTY

Ringgold Riverdale Riverdale Roberta Rochelle Rockmart Rome Rome Rome

Catoosa Clayton Clayton Crawford Wilcox Polk Floyd Floyd Floyd

Rossville Roswell Roswell

Walker Fulton Fulton

Royston Sandersville

Franklin Washington

Sandersville Sandy Springs Sardis Savannah Savannah Savannah Savannah

Washington Fulton Burke Chatham Chatham Chatham Chatham

Savannah

Chatham

Senoia

Coweta

Smyrna Snellville

Cobb Gwinnett

Social Circle Walton

Soperton

Treutlen

Sparta

Hancock

Sparta

Hancock

Springfield

Effingham

St Simons Island Glynn

St. Marys

Camden

Stapleton

Jefferson

Statesboro

Bulloch

Statesboro

Bulloch

Statesboro

Bulloch

Statesboro

Bulloch

STATE AND NATIONAL BANKS
NAME OF BANK

BEGIN

Northwest Georgia Bank Peach State Bank Tara State Bank Crawford County Bank Rochelle State Bank United Bank & Trust Company Citizens First Bank First Rome Bank Trust Company Bank of Northwest Georgia, N.A. Rossville Bank Milton National Bank The Northside Bank & Trust Company Tri-County Bank of Royston Citizens Bank of Washington County The Geo. D. Warthen Bank Metro Bank Bank of Burke County AmeriBank, N.A. The Carver State Bank NationsBank of Georgia, N.A. The Savannah Bank National Association Trust Company of Georgia Bank of Savannah, N.A. Farmers and Merchants Community Bank Smyrna Bank & Trust Co. The Eastside Bank & Trust Company Georgia Central Bank The Bank of Soperton Bank of Hancock County United Security Bank First National Bank of Effingham Frederica Bank & Trust First National Bank Bank of Stapleton Eagle Bank and Trust Farmers & Merchants Bank First Bulloch Bank & Trust Company Sea Island Bank

08-01-1904 10-04-1989 03-17-1984 01-08-1901 08-01-1947 01-16-1990 01-01-1911 10-03-1988
1977
12-13-1963 01-18-1992 07-13-1987
09-01-1941 05-03-1965
03-18-1957 06-01-1984 07-02-1945 04-30-1985 06-04-1947
1887 08-22-1990
1889
1889
12-23-1985 01-22-1990
03-08-1924 1903
09-05-1904 06-01-1967 12-07-1989 12-12-1988 07-10-1989
1916 02-20-1991 02-17-1948 04-14-1934
1901

TOTAL BUSINES
170,871 42,683 54,326 28,922 15,673 26,693 138,051 132,684 262,309
81,250 51,733 102,746
84,267 70,747
67419 169,379 25454 63,115
19,837 16,784,140
90,382
480,813
25,563
111,164 49,609
42,853 35,660 55,100 10,956 34,354 45407 35,959 15,195 46,831 63,983 185,142
156479

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-50-

CITY

COUNTY

Stockbridge Henry

Stockbridge Summerville Summerville Summerville

Henry Chattooga Chattooga Chattooga

Swainsboro Swainsboro Sylvania Sylvester Sylvester Talbotton Thomaston Thomaston Thomasville Thomasvilie Thomasville Thomson Thomson Tifton Tifton Tifton Toccoa Toccoa Toccoa Trenton Trenton Tucker Tucker Twin City

Emanuel Emanuel Screven Worth Worth Talbot Upson Upson Thomas Thomas Thomas McDuffie McDuffie Tift Tift Tift Stephens Stephens Stephens Dade Dade DeKalb DeKalb Emanuel

Union City Union Point Uvalda

Fulton Greene Montgomery

Valdosta

Lowndes

Valdosta Valdosta Vidalia Vidalia Vienna Vienna Villa Rica Wadiey

Lowndes Lowndes Toombs Toombs Dooly Dooly Carroll Jefferson

STATE AND NATIONAL BANKS
NAME OF BANK
* The First National Bank of Henry County The First State Bank AmSouth Bank of Georgia Farmers & Merchants Bank
* First National Bank of Chattooga County The Citizens Bank of Swainsboro Spivey State Bank Farmers and Merchants Bank Bank of Worth Sylvester Banking Company The Peoples Bank of Talbotton Bank of Upson West Central Georgia Bank Bank of Thomas County Commercial Bank First Merchants Bank Allied Bank of Georgia McDuffie Bank & Trust The Citizens Bank of Tifton First Community Bank of Tifton Tifton Bank & Trust Company The Bank of Toccoa The Citizens Bank Liberty Bank & Trust Bank of Dade Citizens Bank and Trust, Inc. DeKalb State Bank
* Mountain National Bank Durden Banking Company, Incorporated Southern Crescent Bank The Farmers Bank Altamaha Bank and Trust Company First State Bank and Trust Company of Valdosta The Park Avenue Bank Valdosta Bank and Trust Darby Bank and Trust Company First Community Bank of Vidalia Bank of Dooly Citizens Bank Bank of Villa Rica Bank of Wadley

BEGIN BUSINESS
12-11-1990
10-08-1964 02-01-1993 02-06-1926 05-22-1968
1900 03-01-1965 03-01-1946 06-22-1981
1898 1891 10-01-1951 04-15-1974 11-20-1911 07-22-1916 01-20-1967 1891 01-09-1989 04-15-1948 02-24-1937 04-18-1988 09-01-1911 03-16-1951 07-23-1984 01-12-1956 01-18-1988 08-05-1991 08-02-1988 07-05-1935
10-31-1988 09-06-1911 05-16-1966
03-01-1906
06-28-1971 08-06-1990 07-01-1934 10-14-1965 07-30-1976 07-01-1931
1899 01-01-1902

TOTAL ** ASSETS
30,782
182,557 202,353 140,053
31,141
47,365 74,275 63,031 35,727 45,181 14,122 109,237 51,554 13,372 204,057 21,071 442,211 40,883 59,251 105,197 53,658 82,509 86,044 18,206 45,833 42,926 39,693 88455 43,589
103,841 52,128 56,974
148,531
131,381 47,375 55,563 36,523 38,857 74,990 48,937 23,159

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12-31-94

-51 -

CITY

COUNTY

Warner Robins Houston

Warrenton

Warren

Washington Wilkes

Watkinsville Oconee

Watkinsville Oconee

Waycross

Ware

Waynesboro Burke

West Point

Troup

Willacoochee Atkinson

Winder

Barrow

Winder

Barrow

Winterville

Clarke

Woodbury

Meriwether

Woodland Woodstock Wrens Wrightsville Zebulon

Talbot Cherokee Jefferson Johnson Pike

STATE AND NATIONAL BANKS
NAME OF BANK
CB&T Bank of Middle Georgia Citizens Bank Farmers and Merchants Bank Bank of Georgia Oconee State Bank Waycross Bank & Trust First National Bank First National Bank of West Point The Peoples Bank Barrow Bank & Trust Company The Peoples Bank Southern Fleritage Savings Bank The Woodbury Banking Company Talbot State Bank First National Bank of Cherokee First State Bank Bank of Wrightsville United Bank of Pike

BEGIN BUSINESS
01-04-1985 04-01-1902 03-14-1950 08-12-1985 02-01-1960 06-01-1988 01-01-1905 01-13-1906 01-15-1952 12-15-1987 10-30-1926 10-25-1985 09-29-1902
11-25-1907 11-27-1989 07-06-1964
1897 01-31-1905

TOTAL ** ASSETS
126,640 25,481 130,137 38,317 82,854 58,064 46,110 125,821 21,554 52,254 120,701 26,283 15,812
24,875 62,824 49,656 43,097 71,849

Member of the Federal Reserve System

Amounts are in Thousands as of 12-31-94

NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

First State Bank & Trust Company Albany
Security Bank and Trust Company of Albany Albany
Trust Company Bank of South Georgia, National Association
Albany
Citizens Bank of Americus Americus
Athens First Bank & Trust Company Athens
Trust Company Bank of Northeast Georgia, National Association
Athens
Bank South, National Association Atlanta
The Chattahoochee Bank Atlanta
Citizens Trust Bank Atlanta
Commercial Bank of Georgia Atlanta
Embry National Bank Atlanta
First Capital Bank Atlanta

Clay, Decatur, Lee, Randolph
Miller
Ben Hill, Coffee, Dougherty, Irwin, Mitchell, Terrell, Thomas, Tift, Worth
Webster
Franklin, Hart, Jackson, Oconee, Walton
Morgan, Hall
Barrow, Ben Hill, Bibb, Camden, Chatham, Clarke, Clayton, Cobb, Coffee, DeKalb, Fayette, Forsyth, Gwinnett, Henry, Houston, Jasper, Monroe, Muscogee, Rockdale, Spalding, Ware, Washington Cobb, DeKalb
DeKalb
Cobb
Fulton
Gwinnett

-53-

NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

First Union National Bank of Georgia Atlanta
The Merchant Bank of Atlanta Atlanta
Reliance Trust Company Atlanta
SouthTrust Bank of Georgia, N.A. Atlanta
Summit National Bank Atlanta
Trust Company Bank Atlanta
Wachovia Bank of Georgia, National Association Atlanta
Georgia Bank & Trust Company of Augusta Augusta Trust Company Bank of Augusta National Association Augusta Peoples Bank Blackshear

Bibb, Bleckely, Burke, Chatham, Chattahoochee, Cherokee, Clayton, Cobb, Colquit, Columbia, Coweta, DeKalb, Dougherty, Douglas, Fayette, Floyd, Glynn, Gwinnett, Haralson, Harris, Henry, Jones, Laurens, Liberty, Lowndes, Macon, Murray, Muscogee, Newton, Peach, Pike, Pulaski, Putnam, Richmond, Rockdale, Screven, Spalding, Sumter, Toombs, Ware, Whitfield, Wilkes
Clayton, Cobb, DeKalb
Fulton
Bartow, Carroll, Clayton, Cobb, DeKalb, Douglas, Fayette, Gwinnett, Haralson, Henry, Jackson, Lowndes, Rockdale
Cobb
Carroll, Cayman Islands, Cherokee, Clayton, Cobb, DeKalb, Douglas, Gwinnett, Henry, Rockdale
DeKalb, Fayette, Forsyth, Gordon, Gwinnett, Hall, Houston, Lumpkin, Bartow, Bibb, Bulloch, Chatham, Cherokee, Clayton, Cobb, Colquit, Macon, Richmond, Sumter, Walton, Wayne, Whitfield
Columbia
McDuffie
Ware

-54-

BRANCH BANKS

NAME & LOCATION OF PARENT BANK

BRANCH BANK COUNTIES

Barnett Bank of Southeast Georgia, National Association Brunswick
The Coastal Bank of Georgia Brunswick
Trust Company Bank of Southeast Georgia, National Association
Brunswick
First National Bank of Northwest Georgia Calhoun
Cairo Banking Company Cairo
Etowah Bank Canton
Citizens Bank and Trust of West Georgia Carrollton
Cohutta Banking Company Chatsworth
Barnett Bank of Southwest Georgia Columbus
Columbus Bank and Trust Company Columbus
Trust Company Bank of Columbus, N.A. Columbus
The First National Bank of Commerce Commerce
Southeastern Bank Darien
Fidelity National Bank Decatur

Camden, Wayne

Camden Appling, Ware, Wayne

Bartow Thomas Cobb, Fulton, Paulding Haralson

Walker

Grady, Lowndes, Meriwether, Thomas

Chattahoochee, Meriwether
Troup

Macon,

Marion,

Habersham, Oglethorpe

Brantley, Camden, Charlton, Coffee, Jeff Davis
Fulton, Cobb

-55-

NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

First South Bank, National Association Fort Valley
Trust Company Bank of North Georgia Gainesville
Citizens Community Bank Hahira
The Coastal Bank Hinesville
The First National Bank & Trust Company Louisville
First Liberty Bank Macon
Trust Company Bank of Middle Georgia, National Association Macon
The Central & Southern Bank of Georgia Milledgeville
Moultrie National Bank Moultrie
Bank of Coweta Newnan
Peachtree National Bank Peachtree City
Trust Company Bank of Northwest Georgia, National Association Rome

Johnson, Macon, Newton, Turner Fannin, Forsyth, Gwinnett, Habersham, White Brooks Chatham, Long Burke
Emanuel Houston
Coffee, Telfair
Baker Meriwether Clayton Polk

-56-

NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

NationsBank of Georgia, N.A. Savannah
AmSouth Bank of Georgia Summerville
Allied Bank of Georgia Thomson
Mountain National Bank Tucker
Southern Crescent Bank Union City
Farmers and Merchants Bank Washington
First National Bank of Cherokee Woodstock
North Georgia National Bank Woodstock

Barrow, Bartow, Ben Hill, Bibb, Butts, Carroll, Chatham, Clarke, Clayton, Cobb, Colquitt, Coweta, Decatur, DeKalb, Dougherty, Douglas, Effingham, Fannin, Fayette, Floyd, Fulton, Gwinnett, Hart, Henry, Houston, Laurens, Lowndes, Polk, Richmond, Rockdale, Thomas, Tift, Troup, Upson, Whitfield Catoosa, Floyd, Gordon
Columbia, Jefferson, McDuffie, Richmond, Thompson Gwinnett
Clayton
Taliaferro
Cobb
Fulton

-57-

INTERNATIONAL BANK AGENCIES (O.C.G.A. 7-1-710)

NAME AND ADDRESS

FOREIGN LOCATION

AGENT, TELEPHONE DATE PERMIT ISSUED

ABN AMRO Bank N. V. Suite 1200 One Ravinla Drive Atlanta, GA 30346-2103
TheBank of Nova Scotia Suite 2700 600 Peachtree Street, NE Atlanta, GA 30308
The Bank of Tokyo, Limited - Atlanta Agency 133 Peachtree St, NE., Ste 5050 5050 Georgia Pacific Center Atlanta, GA 30303-1821
Barclays Bank PLC 300 Galleria Parkway, NW Suite 800 Atlanta, GA 30339-3152
Canadian Imperial Bank of Commerce
Suite 1200 2727 Paces Ferry Road Atlanta, GA 30339-3151
Commerzbank Aktiengesellschaft Promenade Two, Suite 3500 1230 Peachtree Street, NE Atlanta, GA 30309-3200
Credit Lyonnais Suite 1700 235 Peachtree Street, NE Atlanta, GA 30303-1406
Credit Suisse Suite 3500 191 Peachtree Street, NW Atlanta, GA 30303-1757
TheDai-lchi Kangyo Bank, Limited Suite 2400 285 Peachtree Center Ave., NE Atlanta, GA 30303-1229
The Daiwa Bank, Limited One Peachtree Center, Ste 4420 303 Peachtree Street Atlanta, GA 30308

Amsterdam, The Netherlands Toronto, Ontario, Canada Tokyo, Japan
London, England
Toronto, Ontario, Canada
Frankfurt, West Germany Paris, France
Zurich, Switzerland
Tokyo, Japan
Osaka, Japan

W.Patrick Fischer Senior Vice President 404-396-0066 June 24, 1977
William J. Brown Vice President 404-877-1500 May 27, 1977
Kunlo Suzuki General Manager. 404-577-2960 February 15, 1991
G. Alister Bazaz Vice President 404-859-2400 June 11, 1976
William J. Maron Managing Director 404-319-4999 April 05, 1978
Andreas Bremer Sr. Vice President 404-888-6500 October 31, 1978
David M. Cawrse Vice President 404-524-3700 November 06, 1980
Robert N. Finney Vice President 404-577-6100 November 27, 1978
Noboru Flasegawa General Manager 404-581-0200 December 01, 1987
Michael Sawicki Vice President 404-524-6544 January 03, 1990

GA ASSETS 534,893 3,167,093 324,679
686,519
431,869

* Agencies with no assets shown operate as Representative Offices only
-58-

INTERNATIONAL BANK AGENCIES (O.C.G.A. 7-1-710)

NAME AND ADDRESS

FOREIGN LOCATION

AGENT, TELEPHONE DATE PERMIT ISSUED

GA ASSETS

DG BankDeutsche Genossenschaftsbank
Suite 2900, One Peachtree Center 303 Peachtree Street, NE Atlanta, GA 30308

Frankfurt, Germany

The Fuji Bank, Limited Marquis One Tower, Suite 2100 245 Peachtree Center Ave., NE Atlanta, GA 30303-1208

Tokyo, Japan

The Industrial Bank of Japan, Limited Tokyo, Japan One Ninety One Peachtree Tower 191 Peachtree Street, NE, Ste 3600
Atlanta, GA 30303-1757

Kredietbank, N.V. Two Midtown Plaza, Ste 1750 1349 West Peachtree Street Atlanta, GA 30309

Brussels, Belgium

National Bank of Canada
Suite 800 200 Galleria Parkway, NW Atlanta, GA 30339-5945

Montreal, Quebec, Canada

John W. Somers Senior Vice President 404-524-3966 May 31, 1989

Terumasa Yamaski General Manager 404-653-2100 December 09, 1987
Shusai Nagai General Manager 404-524-8770 September 25, 1990
Nancy D. Halwig Senior Representative 404-876-2556 March 20, 1980
William R. O'Conner Vice President 404-980-0588 April 10, 1985

709,759 665,167

TheSakura Bank, Limited Marquis One Tower, Suite 2703 245 Peachtree Center Ave., NE Atlanta, GA 30303-1222
The Sanwa Bank, Limited Georgia Pacific Center, Ste 4750 133 Peachtree Street, NE Atlanta, GA 30303-1821
Standard Chartered Bank Suite 500 Two Ravinia Drive Atlanta, GA 30346-2104
The Sumitomo Bank, Limited Suite 3210 133 Peachtree Street Atlanta, GA 30303-3403

Tokyo, Japan Tokyo, Japan United Kingdom Osaka, Japan

Tetsuhide Kokido General Manager 404-521-3111 October 05, 1990
Mitsuo Ueyama Deputy Gen Manager 404-586-6880 November 17, 1984
Farhang Imani Regional Manager 404-396-2900 October 19, 1981
Masaki Shinbo General Manager 404-526-8500 March 04, 1987

463,795 921,162 34,039 572,357

The Tokai Bank, Limited 285 Peachtree Center Ave., NE Marquis Two Tower, Suite 2802
Atlanta, GA 30303-1229

Nagoya, Japan

Nobuhiro Kobayashi
General Manager 404-880-0000 October 10, 1989

240,301

Agencies with no assets shown operate as Representative Offices only -59-

INTERNATIONAL BANK REPRESENTATIVE OFFICES (O.C.G.A. 7-1-721)

NAME AND ADDRESS

FOREIGN LOCATION

REPRESENTATIVE. PHONE NO

Creditanstalt Atlanta Representative Office
2 Ravinia Drive, Suite 1680 Atlanta, GA 30346
Societe Generale 303 Peachtree Tower, NW Atlanta, GA 30308
The Long-Term Credit Bank of Japan, Ltd.
Suite 2801, Marquis One Tower 245 Peachtree Center Avenue, NE Atlanta, GA 30303-1228
The Mitsubishi Bank, Ltd, Atlanta Corporate Banking Office
One Ninety One Peachtree Tower 191 Peachtree Street, Suite 1170 Atlanta, GA 30303-1757
The Yasuda Trust and Banking Company Limited
285 Peachtree Center Avenue, NE Suite 2104, Marquis Two Tower Atlanta, GA 30303-1234

Vienna, Austria Paris, France Tokyo Japan Tokyo, Japan Tokyo, Japan

Robert M. Biringer Managing Officer 404-390-1850
Myron Schmidt Managing Officer 404-865-7400
Kazunori Kameyama Chief Representative 404-659-7210
Frank Madden Manager 404-730-9000
Tomoya Osada Chief Representative 404-584-7807

-60-

REPRESENTATIVE OFFICES OF OUT-OF-STATE BANKS (O.C.G.A. 7-1-590)

REGISTRANT

NAME AND LOCATION

MANAGING OFFICER TELEPHONE NO.

Palmetto Federal Savings Bank of South Carolina
107 Chesterfield Street Aiken, SC 29801
Collateral Mortgage, Inc. New South Bancshares, Inc.
1900 Crestwood Boulevard Birmingham, AL 35210

Palmetto Federal Mortgage Center
4107 Columbia Road Martinez, GA 30907
'Collateral Mortgage, Ltd. 2801 Buford Highway Suite T-80 Atlanta, GA 30329

Francis M. Thomas, Jr. Vice President 706-863-3090
Karyl Millicano Managing Officer 404-329-0027

Compass Bank 701 South 32nd Street Birmingham, AL 35233

Compass Fiduciary Services, Ltd,, Inc.
1010 Huntcliff, Suite 1350 Atlanta, GA 30350

Julian Jett Managing Officer 404-552-7811

SouthTrust Bank of Alabama, N.A. 420 N. 20th Street P.O. Box 2554 Birmingham, AL 35290

'SouthTrust Bank of Alabama, N,A. 200 RiverEdge Parkway Atlanta, GA 30328

First Security Savings Bank, FSB 2600 Telegraph Road, Suite 100 Bloomfield, Hills, Ml 48302

First Security Savings Bank, FSB 5605 Glenridge Drive, Suite 200 Atlanta, GA 30324-1373

Steve McCoy Manager 404-951-4215
M. David Bowers Managing Officer 404-303-8000

First National Bank of Boston (The) The First National Bank of Boston

100 Federal Street

400 Perimeter Center Terrace

Boston, MA 02110

Suite 745

Atlanta, GA 30340

James A. Mahoney Division Executive 404-393-4676

State Street Bank & Trust Company State Street Bank & Trust Company

225 Franklin Street

Lenox Towers, Suite 1000

Boston, MA 02110

3390 Peachtree Road, NE

Atlanta, GA 30326

George Grfoerer Managing Officer 404-364-6560

Marine Midland Banks, Inc. One Marine Midland Center Buffalo, NY 14203

*HSBC Securities, Inc. 3399 Peachtree Road, NE, Suite 570 Atlanta, GA 30326

Dennis L. Fish Managing Officer
404-264-1200

NationsBank Corporation NationsBank Corporate Center 100 North Tyson Street Charlotte, NC 28255

NationsBank Community Development Corporation
600 Peachtree St., NE, 19th Floor Atlanta, GA 30308

James S. Grauley Vice President 404-607-6169

First Union Home Equity Bank 1000 Louis Rose Place Charlotte, NC 28262-8546

First Union Home Equity Bank 1895 Phoenix Boulevard One Crown Center, Suite 100 College Park, GA 30349

Joe White Managing Officer 404-991-2393

Great Western Financial Corp. 9200 Oakdale Avenue Chatsworth, CA 91311

Great Western Mortgage Corporation
861 Holcomb Bridge Road Suite 200 Roswell, GA 30349

C. David King Managing Officer 404-998-2182

* indicates various other names and/or locations are also registered -61 -

REPRESENTATIVE OFFICES OF OUT-OF-STATE BANKS (O.C.G.A. 7-1-590)

REGISTRANT

NAME AND LOCATION

MANAGING OFFICER TELEPHONE NO.

LaSalle National Bank 120 S. LaSalle Street Chicago, IL 60603

LaSalle National Bank 5901-B Peachtree Dunwoody Suite 500 Atlanta, GA 30328

Sears, Roebuck and Company Sears Tower Chicago, IL 60684

'Allstate Insurance Group Allstate Insurance
7000 Central Parkway, Suite 700 Atlanta, GA 30328

Bank of America Illinois 231 South LaSalle Street Chicago, IL 60697

Bank of America lllnois 950 East Paces Ferry Rd, Ste 3375 Atlanta, GA 30326

Banc One Corporation 100 East Broad Street Columbus, OH 43271

Banc One Financial Services, Inc. 2401 Lake Park Drive, Suite 200 Smyrna, GA 30080

J.C. Penney Company, Inc,
P.O. Box 10001 Dallas, TX 75301-0001

*J.C. Penney Company, Inc. Southeastern Region
North Park Town Center 1000 Abernathy Rd, NE, Ste 280 Atlanta, GA 30328-5604

Bank One, Dayton, NA Kettering Tower 40 N. Main Street Dayton, OH 45402

'Banc One, Dayton Service Corporation
500 Franklin Road Marietta, GA 30067

Central Carolina Bank 8c Trust Co. Central Carolina Bank & Trust Co.

111 Corcoran Street

778 Willowcreek Drive

Durham, NC 27701

Atlanta, GA 30328

Bank United of Texas, FSB 3200 Southwest Freeway Suite 1600 Houston, TX 77027

'Commonwealth United Mortgage Bank United of Texas
4 Concourse Parkway, Suite 100 Atlanta, GA 30328

Eastern Savings Bank, FSB 11350 McCormick Road Suite 200, Executive Plaza II Hunt Valley, MD 21031

Eastern Savings Bank Outlet Square Shopping Center 4166 Buford Highway, NE Atlanta, GA 30345

Merrill Lynch Trust Company 50 North Laura Street Suite 3650 FL 32202

Merrill Lynch Trust Company 100 Abernathy Road Suite 700 Building 400 Atlanta, GA 30328-5602

Vine Street Trust Company 360 East Vine Street Lexington, KY 40507

VST Financial Services, Inc. 5901-C Peachtree Dunwoody Rd, Suite 420 Atlanta, GA 30328

Saul Cohen Managing Officer 404-394-0600
404-885-3575
William 1. Rau Managing Officer 404-364-3300
Kevin Small Managing Officer 404-431-9082
R. H. Seaman Regional President 404-397-5600
Shelly Howard Managing Officer 404-419-9313
Diane C. Albright Managing Officer 404-252-2336
Robert Odom Managing Officer 404-698-6020
Michael D. Surgen Managing Officer 404-248-1310
James V. Lee, Jr. Managing Officer 404-282-1375Jacksonville,
Kenneth E. Moore Managing Officer 404-551-8822

* indicates various other names and/or locations are also registered -62-

REPRESENTATIVE OFFICES OF OUT-OF-STATE BANKS (O.C.G.A. 7-1-590)

REGISTRANT

NAME AND LOCATION

MANAGING OFFICER TELEPHONE NO.

Capital Guardian Trust Company 333 South Hope Street 52nd Floor Los Angeles, CA 90071

Capital Guardian Trust Company Promenade II, Suite 2550 1230 Peachtree Street Atlanta, GA 30309

Fred R. Betts Senior Vice President
404-607-6868

First Tennessee National Corp. 165 Madison Avenue Memphis, TN 38103

Gulf Pacific Mortgage, A Division of 1st Tennessee Bank, NA
3200 Windy Hill Rd., Ste 1460 West Marietta, GA 30067

Financial Federal Savings Bank

Financial Federal Savings Bank

1755 North Kirby Parkway, Suite 160 2000 RiverEdge Parkway, Suite 570

Memphis, TN 38120-4377

Atlanta, GA 30328

American Express Deposit Corp. 6985 Union Park Center
Midvale, UT 84047

American Express Financial Corporation
1200 Ashwood Pkwy Ste 570 Atlanta, GA 30338

Gulf Coast Bank & Trust Company Gulf Coast Bank & Trust Company

200 St, Charles Avenue

1364 Brawley Circle, NE

New Orleans, LA 70130

Atlanta, GA 30319

LTCB Trust Company 165 Broadway New York, NY 10006

LTCB Trust Company Representative Office
Marquis One Tower, Ste 2801 245 Peachtree Center Avenue Atlanta, GA 30303

Chemical Banking Corporation
270 Park Avenue New York, NY 10017

'Chemical Financial Services Corporation
375 Northridge Road Atlanta, GA 30350

Republic Bank for Savings
415 Madison Avenue New York, NY 10017

Safra Republic Bank, Division of
Republic Bank for Savings 1100 Abernathy Road 500 Northpark Town Center, Ste 625 Atlanta, GA 30328

United States Trust Company of New York
114 West 47th Street New York, NY 10036-1532

United States Trust Company of New York
7 Piedmont Center, Suite 500 3525 Piedmont Road Atlanta, GA 30305

Citicorp Services, Inc. 399 Park Avenue, Suite 600 New York, NY 10043

'Citicorp North America, Inc. & Affiliates
400 Perimeter Center Terrace Suite 600 Atlanta, GA 30346

Alisa Reasor Managing Officer 404-850-1067
Daniel J. Wiggins Managing Officer 404-984-2822
Raymond Carothers, Jr. Managing Officer 404-396-7840
Juan Logo Managing Officer 404-458-3359
Kazunori Kameyama Chief Representative 404-659-7210
William A. Perkins Vice President 404-395-1990
J, Robert Grow Managing Officer 404-551-8234
Stephen A. Martin Vice President 404-364-1854
William Barnes Managing Officer 404-668-8100

* indicates various other names and/or locations are also registered -63-

REPRESENTATIVE OFFICES OF OUT-OF-STATE BANKS (O.C.G.A. 7-1-590)

REGISTRANT

NAME AND LOCATION

MANAGING OFFICER TELEPHONE NO.

The Industrial Bank of Japan Trust Company
245 Park Avenue 22nd Floor New York, NY 10167-0037

The Industrial Bank of Japan Trust 191 Peachtree Street, NE, Suite 3600 Atlanta, GA 30303-1757

Shusai Nagai General Manager 404-524-8770

MBNA Corporation 400 Christiana Road Newark, DE 19713
Bank One of Arizona 1600 E. Northern #125 Phoenix, AZ 85020
Mellon Bank Corporation Mellon Bank Center Pittsburgh, PA 15259-0003
BankAmerica Corporation 555 California Street San Francisco, CA 94104
BankAmerica Corporation Bank America NS8(T
555 California Street San Francisco, CA 94104
The Boatmen' National Bank of St. Louis
800 Market Street St. Louis, MO 63101-2506
Standard Federal Bank 2600 W. Big Beaver Road P.O. Box 3703 Troy, Ml 48007-3703
Beneficial Corporation One Christina Centre 301 N. Walnut Street Wilimgton, DE 19801

MBNA Marketing Systems, Inc. 2600 Centruy Parkway, NE Suite 350 Atlanta, GA 30345
Valley National Financial Services Company
900 Circle 75 Pkwy, Ste 175 Atlanta, GA 30339
Mellon Financial Services Corp Atlanta Regional Lockbox
1640 Phoenix Blvd., Suite 110 Atlanta, GA 30349
"BankAmeriLease 1230 Peachtree Street, NE Suite 3600 Atlanta, GA 30309
"Security Pacific Finance Credit Corp.
180 Cobb Pkwy, South, Ste C-2 Marietta, GA 3006
The Boatmen's National Bank of St, Louis
5696 Peachtree Pkwy, Ste 229 Norcross, GA 30092
Standard Federal Bank 3655 Canton Flighway Marietta, GA 30066
Beneficial Georgia, Inc. 2700 Dawson Road Building 2, Suite 9 Albany, GA 31707

800-446-7048
Donald L, Murphy Vice President 404-933-8370
Jennifer Siegel Manager 404-994-5380
Bill Lockhart Managing Officer 404-249-6918
John Underwood Managing Officer 404-419-1775
Robert L. Westfall, Jr. Vice President 404-263-3712
Sam Sudbury Managing Officer 404-591-4960
Joseph Moyel Managing Officer 912-883-4720

indicates various other names and/or locations are also registered

STATE CHARTERED CREDIT UNIONS

4,000,000

1990 - 1994

3,500,000

--

3,000,000

2,500,000

2,000,000 1,500,000
1,000,000
500,000 0

LI L

98 CU's 1994

99 CD'S 1993

107 CU's 1992

112 CU's 1991

L
124 CU'e 1990

Legend

nQ

Assets Shares & Deposits Total Loans

Gross Income

Total Operating Expenses

Detailed on the following pages is a summary of the combined assets and liabilities of the state-chartered credit unions operating in Georgia, as well as a listing of each statechartered credit union operating as of December 31, 1994.

-65-

ABSTRACT OF REPORTS OF CONDITION OF STATE-CHARTERED CREDIT UNIONS AS OF DECEMBER 31, 1994,
WITH COMPARATIVE STATEMENT AS OF DECEMBER 31 (AMOUNTS IN THOUSANDS)

ASSETS

12-31-94 98 C.U.'s

12-31-93 99 C.U.'s

Cash

48,379

49,941

U.S. Government Obligations Federal Agency Securities Corporate Credit Unions All Other Investments
Total Investments (Book Value) Less: Allowance for Investment Losses

628,658 628,477 240,166 237,048 1,734,349
1,380

610,421 534,677 400,662 262,234 1,807,994
582

Net Investments

1,732,969

1,807,412

Total Loans Less Allowance for Loan Losses

1,439,754 19,363

1,230,494 18,234

Net Loans

1,420,391

1,212,260

Land & Buildings Other Fixed Assets Other Real Estate Owned Other Assets

9,515 7,994
637 83,007

8,100 7,916
976 84,431

Total Assets Corporate Credit Unions

3,302,892 450,649

3,171,036 739,847

TOTAL

3,753,541

3,910,883

LIABILITIES

Share Drafts All Other Shares and Deposits
Total Shares and Deposits

295,066 2,636,326 2,931,392

293,070 2,542,162 2,835,232

Total Borrowings Other Notes Accrued Interest Payable on Deposits and
Accrued Dividends Payable on Shares Accounts Payable and Other Liabilities

168 769
4,950 8,288

-0479
5,080 13,937

Regular Resen/es Investment Valuation Reserve Other Reserves Undivided Earnings

94,683 459
10,189 251,994

85,970 2,643 9,946
217,749

Total Liabilities and Equity Corporate Credit Unions

3,302,892 450,649

3,171,036 739,847

TOTAL

3,753,541

3,910,883

-66-

COMPARATIVE STATEMENT OF EARNINGS AND EXPENSE OF STATE-CHARTERED CREDIT UNIONS IN GEORGIA
FOR CALENDAR YEARS ENDING DECEMBER 31, 1994 AND DECEMBER 31, 1993 (AMOUNTS IN THOUSANDS)

OPERATING INCOME
Interest on Loans Income from Investments (Excluding
Gain or Loss on Trading Securities Income (Loss) from Trading Securities Other Operating Income
Total Gross Income
OPERATING EXPENSES
Employee Compensation and Benefits Office Expense Educational and Promotional Expenses Loan Servicing Expense Professional and Outside Services Provision for Loan Losses Provision for Investment Losses Miscellaneous Operating Expenses Total Operating Expenses
Income (Loss ) from Operations
Gain (Loss) on Investments Gain (Loss): Disposition of Assets Other Non-Operating Income (Expenses) Income (Loss) before Cost of Funds
Interest on Borrowed Money Dividends on Shares Interest on Deposits
Net Income (Loss) after Cost of Funds Net Reserve Transfer Net Income (Loss) After Net Res. Trns. Additional Transfers to Reserve Accounts
Adjusted Net Income (Loss)

12-31-94 98 C.U.'s
120,696
84,402 0
18,034
223,132

12-31-93 99 C.U.'s
116,056
81,338 13
17,614
215,021

32,554 19,158
1,110 2,670 3,664 4,475
609 5,375 69,615
153,517
(135) 6
(120) 153,268
20 94,770 14,137
44,341 3,074
41,267 5,102
36,165

30,249 18,521
973 1,961 3,236 5,336
10 4,702 64,988
150,033
192 (7) (13) 150,205
238 90,373 13,062
46,532 2,441
44,091 5,760
38,331

-67-

STATE-CHARTERED CREDIT UNIONS

CITY

COUNTY

NAME OF CREDIT UNION

Albany Athens Athens Athens Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta
Atlanta Atlanta
Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Augusta Augusta Augusta
Bainbridge Baldwin Columbus

Dougherty Clarke Clarke Clarke DeKalb Fulton Fulton Fulton Fulton Cobb Fulton Fulton DeKalb Fulton
Fulton Fulton
Fulton Fulton DeKalb Fulton Fulton Fulton Fulton Fulton DeKalb Fulton DeKalb Fulton Fulton Fulton Fulton Richmond Richmond Richmond
Decatur Banks Muscogee

Albany Federal Employees Credit Union Dairy-Pak Athens Credit Union Educators' Credit Union Georgia Power Northeast Credit Union Associated Credit Union Atlanta City Employees Credit Union Atlanta Cooperative Credit Association Atlanta Postal Credit Union Atlantic Steel Credit Union The Bottlers Credit Union COMSTAR Credit Union Delta Employees Credit Union The Federal Employees Credit Union Georgia Department of Public
Safety Credit Union Georgia DOT Credit Union The Georgia State Department of
Education Credit Union Georgia Telco Credit Union GPC Credit Association GTA Credit Union H M B Employees Credit Union Flospital Authority Credit Union Fluman Services Employees' Credit Union IBEW Local 613 Credit Union Mead Employees Credit Union Mutual Savings Credit Union Pinnacle Credit Union Reliance Credit Union Rich's Employees Credit Union State Employees' Credit Union Sunbelt Credit Union The Thrift Flealth Center Credit Union King Mill Savings & Credit Association Richmond County Flealth Department
Employees Credit Union Three Rivers Credit Union Fieldale Credit Union Columbus Health & Hospital Credit Union

No Assets - "In Process of Liquidation/Merger" ** Amounts are in Thousands - Report as of December 31, 1994

-68-

TOTAL ASSETS**
8,816 564 381
7,420 55,692 19,275
549 779,950
15,734 6,691 2,223 864,790 303,634
3,596 22,044
7,614 562,088
14,236 5,390 6,991 13,073 11,603 2,068 6,775 39,517 41,602
23,809 50,210
3,534 15,509 15,586 7,233
468 3,131 6,343 2,912

CITY

STATE-CHARTERED CREDIT UNIONS COUNTY NAME OF CREDIT UNION

TOTAL ASSETS**

Columbus Muscogee

Columbus Muscogee

Columbus Muscogee

Coosa

Floyd

Cordele

Crisp

Cornelia

Habersham

Cornelia

Habersham

Cuthbert

Randolph

Decatur

DeKalb

Douglas

Coffee

Dry Branch Twiggs

Dublin

Laurens

Duluth

Gwinnett

East Point

Fulton

East Point

Fulton

Ellenwood Clayton

Forest Park Clayton

Ft. McPherson Fulton

Garden City Chatham

Glynco

Glynn

Gordon

Wilkinson

Hapeville

Fulton

Hapeville

Fulton

Hazlehurst Jeff Davis

Helen

White

Jonesboro Clayton

LaFayette Walker

Macon

Bibb

Macon

Bibb

Macon

Bibb

Macon

Bibb

Macon

Bibb

Macon

Bibb

Macon

Bibb

Macon

Bibb

Marietta

Cobb

Marietta

Cobb

Marietta

Cobb

McIntyre

Wilkinson

Milledgeville Baldwin

Gas Light Employees Credit Union Swift Credit Union Tom's Credit Association Rome Kraft Employees Credit Union Harris Employees Credit Union Ethicon Credit Union Statco Credit Union Day Company, Inc., Employees Credit Union Decatur Postal Employees Credit Union Coffee General Hospital Employees Credit Union Dry Branch Credit Union Dublin Federal Employees Credit Union Georgia Central Credit Union East Point Municipal Employees Credit Union Fulton Teachers Credit Union American Heritage Credit Union Employees Savings & Credit Association Ft. McPherson Credit Union The G. P. A. Credit Union Glynn County Federal Employees Credit Union White Gold Credit Union Hapeville Auto Employees Credit Union Hapeville Employees' Credit Union Jeff Davis Credit Union Orbit Savings & Credit Association Tara Credit Union Roper Corporation Employees' Credit Union City Employees' Credit Union Macon Firemen's Credit Union Macon Oil Processors Credit Union Macon Police Credit Union Macon Water Works Credit Union Medical Center of Central Georgia Credit Union RIG Employees Credit Union Smith and Sons Employees Credit Union C-Mar Credit Union Chevron Southern Credit Union Promina Northwest Credit Union Englehard Employees Credit Union Central State Hospital Credit Union

257 2,503 5,952 8,857
801 2,680 1,710
62 6,941
713 2,258 4,349 450,649
1,051 21,467 14,972
4,752 15,170 5,159 8,172
1,420 12,121
1,613 6,436
784 19,499
990 2,537 1,950 2,502
658 367 7,157 7,375 624 22,697 2,546 10,205 628 9,367

No Assets - "In Process of Liquidation/Merger" ** Amounts are in Thousands - Report as of December 31, 1994

-69-

CITY

STATE-CHARTERED CREDIT UNIONS

COUNTY

NAME OF CREDIT UNION

TOTAL ASSETS**

Milledgeville Montezuma Nashville Norcross Rome Rome Savannah Savannah Savannah Savannah Savannah St. Simons Is. Statesboro

Baldwin Macon Berrien Gwinnett Floyd Floyd Chatham Chatham Chatham Chatham Chatham Glynn Bulloch

Tallapoosa Haralson

Thomasville Thomas

Thomasville Thomas

Toccoa

Stephens

Toccoa

Stephens

Valdosta

Lowndes

Valdosta

Lowndes

Warner Robins Houston

Oconee Credit Union Southern Frozen Foods Employees Credit Union Nashville Credit Union Genuine Parts Credit Union Floyd County Postal Employees Credit Union Northwest Georgia Credit Union Health Employees Chatham County Credit Union Savannah Federal Credit Union Savannah J-Mers Credit Union Savannah Postal Credit Union Workmen's Circle Credit Union Sea Island Employees Credit Union Central Ogeechee River Educators
(CORE) Credit Union Dixisteel Credit Union Davis Employees Credit Association Flowers Employees Credit League North Georgia Credit Union The Wright Credit Union Southern Pine Credit Union Valdosta Educators Credit Union Warner Robins Employees Credit Union

1,596 502
6,440 4,522 1,239 24,658 2,356 6,713
365 8,930 6,828 11,172
10,255
1,547 16,483 9,471 3,289 24,567 3,561 4,452

No Assets - "In Process of Liquidation/Merger" ** Amounts are in Thousands - Report as of December 31, 1994
-70-

MORTGAGE DIVISION SUMMARY OF ACTIVITIES
1994

During 1994, the Mortgage Division received 331 applications. With the 12 applications in process at the end of 1993 and the 32 applications for reinstatement, 375 applications were reviewed during the year. Of that total, 17 were denied, 7 were withdrawn and 14 were still in process at the end of the year.
Therefore, 337 licenses or registrations were issued by the Division. Also during the year, 4 expired, 68 were withdrawn, 53 were revoked, and 2 were suspended. This leaves 1,235 current licensees/registrants as of December 31, 1994.

GEOGRAPHIC DISTRIBUTION OF LICENSEES/REGISTRANTS

TYPE
BROKER LENDER REGISTRANT
TOTAL PERCENTAGE

NORTH GEORGIA
557 139
12 708 57%

(METRO AREA)
521 116
12 649 53%

SOUTH GEORGIA
112 32
4 148 12%

OUTSIDE GEORGIA
73 251
55 379 31%

TOTAL 742 422 71
1,235

% 60% 34%
6%
100%

The Division is charged with the responsibility of handling consumer complaints related to mortgages on residential property. Incoming telephone calls received by the Division are tabulated to determine the number of verbal consumer complaints. During 1994, the Division received 14,578 industry related calls, 1,246 of which were oral consumer complaints. Of the volume of verbal complaints received, approximately 33% follow-up the complaint in writing. During 1994, the Division received 570 written complaints with 6 complaints outstanding at the end of the year..
The Division fined 109 licensees/registrants for failure to submit the written 1994 Annual Report by the due date of April 1, 1995. These fines had to be paid before a renewal license could be issued.
Mortgage Division examiners conducted 314 examinations and 82 visitations of licensees. In addition, these examiners conducted 71 examinations of check coshers for the Corporate Division of the Department.
In 1994, 13 Cease and Desist Orders to both licensed and unlicensed persons or companies were issued and six Apparent Criminal Irregularity Reports were sent to local District Attorney offices.

-71 -

SALE OF CHECKS OR MONEY ORDER CORPORATIONS

(O.C.G.A. 7-1-680 THRU 7-1-692)

NAME OF LICENSEE

U.S. LOCATION

NO. OF GA AGENTS

American Express Travel Related Services Company, Inc.
Certified Express Circle K Money Order Corporation Citicorp & Citicorp Service, Inc. Comdata Network, Inc. Eagle Express Money Orders Fidelity Express Money Order Company Francheque S.A. Global Express Money Orders, Inc. Intergrated Payment Systems, Inc. Interpayment Services Limited Mid-America Money Order Company North American Money Order Company, Inc. Ruesch International, Inc, Societe Francaise du Cheque de Voyage Swiss Bankers Travellers Cheque Centre Thomas Cook Australia Thomas Cook Currency Services, Inc. Thomas Cook, Inc. Thomas Cook Travelers Cheques, Ltd. Travelers Express Company, Inc. Travellers Cheque Associates, Ltd. U.S. Express Money Order Western Union Financial Services, Inc.

New York, NY Smyrna, GA Phoenix, AZ Chicago, IL
Brentwood, TN Savannah, GA Sulphur Springs, TX
Princeton, NJ Silver Spring, MD
New York, NY New York, NY
Louisville, KY Atlanta, GA New York, NY New York, NY New York, NY Princeton, NJ Atlanta, GA Minneapolis, MN Princeton, NJ Minneapolis, MN New York, NY Stone Mountain, GA Upper Saddle River, NJ

1,803 49 128
460 305
9 9 5 241 0 114 35 470 1 19 4 41 4 4 5 1,604 23 63 504

NOTE: All State and National Banks, Federal Savings and Loan Associations, Federal Savings Banks, State and Federal Credit Unions maintaining their principal place of business in Georgia may sell checks without obtaining a special license. A listing of State and National Banks and State Credit Unions is included herein. A listing of Federal Savings and Loan Associations, Federal Savings Banks, and Federal Credit Unions may be obtained from the appropriate Federal Regulatory agency; i.e. Office of Thrift Supervision, National Credit Union Administration.

-72-

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)

MERGED INSTITUTION

APPROVAL DATE

Trust Company Bank of South Georgia, N.A. Albany

Trust Company Bank of Coffee County
Douglas

4-14-94

Trust Company Bank of Northeast Georgia, N.A. Athens

Trust Company Bank of North Georgia
Gainesville

9-02-94

Bank South, National Association Atlanta

The Chattahoochee Bank Atlanta

4-07-94

Bank South, National Association Atlanta

The Merchant Bank of Atlanta 2-21-94 Atlanta

First State Bank of Blakely Blakely

Bostwick Banking Company Arlington

8-11-94

SouthTrust Bank of Columbus, N.A.

First Columbus Bank &

N/A

Columbus

Trust Company

Columbus

Southeastern Bank Darien

Citizens Bank & Trust Company

of Mount Vernon

Pending

Mount Vernon

The Southern Federal Credit Union Fayetteville

Hapeville Employees' Credit Union
Hapeville

12-04-94

Amsouth Bank of Georgia Summerville

First Federal Savings Bank Calhoun

3-30-94

AmSouth Bank of Georgia Summerville

The Georgia State Bank of Rome
Rome

3-01-94

Allied Bank of Georgia Thomson

Citizens Bank & Trust Evans

8-30-94

Allied Bank of Georgia Thomson

First Savings Bank, FSB Thomson

8-30-94

Allied Bank of Georgia Thomson

Bank of Jefferson County Louisville

9-21-94

Farmers & Merchants Bank Washington

The Peoples Bank Crawfordville

8-11-94

EFFECTIVE DATE
7-01-94
4-07-94 3-18-94 8-24-94 7-28-94
4-07-94 4-07-94 9-30-94 9-30-94 9-30-94 9-22-94

-73-

APPLICATIONS FOR NEW FINANCIAL INSTITUTIONS

FINANCIAL INSTITUTION______________________ CAPITALIZATION

BEGIN APPROVAL BUSINESS
DATE_______ DATE

Capitol City Bank & Trust Company 562 Lee Street, S.W. Atlanta, GA 30310

$ 5,320,880

8-13-92

10-03-94

Synovus Trust Company 1148 Broadway Columbus, GA 31901

$ 3,000,000

Pending

First Bank of Dalton 118 N. Hamilton Street Dalton, GA 30720

S 7,000,000

Pending

Global Commerce Bank 5150 Buford Highway Doraville, GA 30340

$ 6,000,000

Pending

Gilmer County Bank 315 Industrial Boulevard Ellijay, GA 30540

$ 5,250,000

5-25-94

FCB Interim Bank 12 North Cedar Street McDonough, GA

7-25-94

Greater Rome Bank

1490 Martha Berry Boulevard

Rome, GA

30161

$ 5,000,000

Pending

FINANCIAL INSTITUTION CONVERSIONS

PREVIOUS NAME

CONVERTED TO

APPROVAL EFFECTIVE

DATE

DATE

The Gordon Bank Gordon

The Gordon Bank, Federal Savings Bank
Gordon

4-29-94

4-29-94

Commercial Bank of Gwinnett, N.A.
Lawrenceville

Commercial Bank of Gwinnett Lawrenceville

12-20-94

12-3094

Southwest Georgia Bank National Association
Moultrie

Southwest Georgia Bank Moultrie

12-29-94 12-3094

-74-

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION
Farmers & Merchants Bank Adel

CHANGE LOCATION OF

APPROVAL EFFECTIVE

DATE

DATE

Main Office

Pending

FROM 101 W. 5th Street Adel 31620
TO Fourth and Maple Streets Adel 31620

Albany Federal Employees Credit Union
Albany

Main office
FROM 1501 S. Slappey Blvd. Albany 31706
TO 1110 Centennial Avenue Albany 31706

10-05-92

First State Bank & Trust Company Albany
Prudential Bank and Trust Company
Atlanta

Slappey Drive Office
FROM 1104 West Broad Ave. Albany 31707
TO 2322 North Slappey Blvd, Albany 31707
Main Office
FROM Two Concourse Parkway Alanta 30328
TO One Ravinia Drive Suite 1000 Atlanta 30346

2-07-94 11-15-94

11-18-94

American Fleritage Credit Union Atlanta

Main Office from Fulton County to Henry County

10-01-93

2-22-94

FROM 1611 Jonesboro Road, S.E, Atlanta 30315
TO 5032 Old Grant Road Ellenwood 30049

Citizens Trust Bank Atlanta

Wesley Chapel Road Office

Withdrawn

FROM 2385 Wesley Chapel Road Decatur 30035
TO 2454 Wesley Chapel Road Decatur 30035

-75-

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION First Capital Bank Atlanta
The Bankers Bank Atlanta
The Bottlers Credit Union Atlanta
Peoples Bank of Fannin County Blue Ridge
Etowah Bank Canton
Bank of Dodge County Chester

CHANGE LOCATION OF

APPROVAL EFFECTIVE

DATE

DATE

Main Office

11-28-94

12-01-94

FROM 3340 Peachtree Road, NE Atlanta 30326
TO 6400 Powers Ferry Road Suite 380 Atlanta 30339

Main Office

7-18-94

FROM 3715 Northside Parkway, N.W. Atlanta 30327
TO Paces Ferry Road and 1-285 Smyrna 30081

Main Office from Fulton County to Cobb County

10-22-93

1-19-94

FROM 100 Galleria Parkway, N.W. Suite 7007 Atlanta 30339
TO 2110 Powers Ferry Road Atlanta 30339

Main Office

6-14-94

12-19-94

FROM Corner of Depot & Main St. Blue Ridge 30513
TO Highway 515 and Highway 5 Blue Ridge 30513

Bells Ferry Office

8-15-94

9-06-94

FROM 5729 Bells Ferry Road Acworth 30101
TO 1045 Alabama Road Acworth 30101

Main Office

2-11-94

2-14-94

FROM Main Street Chester 31012
TO 600 Oak Street Eastman 31023

-76-

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION Bank of Dodge County Chester
Bank of Thomas County Coolidge
Rome Kraft Employees Credit Union
Coosa
Trust Company Bank of North Georgia
Gainesville
Jeff Davis Credit Union Hazlehurst
The Bank of Gwinnett county Lawrenceville

CHANGE LOCATION OF

APPROVAL EFFECTIVE

DATE

DATE

Eastman Office

2-11-94

2-14-94

FROM 600 Oak Street Eastman 31023
TO Main Street Chester 31012

Main Office

12-29-94

FROM 529 Pine Avenue Coolidge
TO 2242 East Pinetree Blvd. Thomasville 31792

Main Office

7-30-92

5-20-94

FROM 4590-B Alabama Highway Coosa 30129
TO 4620 Alabama Highway Coosa 30219

Cleveland Branch

4-14-94

2-14-94

FROM Suite 1 Colonial Center Cleveland 30528
TO 1727 North Main Street Cleveland 30528

Main Office

3-25-94

3-25-94

FROM Alma Road Hazlehurst 31539
TO 126 Currie Street Hazlehurst 31539

Killian Hill Office

10-13-93

1-03-94

FROM 1010 Killian Hill Road Lilburn 30247
TO 4700 U.S. Highway 29 Lilburn 30247

-77-

APPLICATIONS TO CHANGE LOCATION

FINANCIAL INSTITUTION Macon Firemen's Credit Union Macon
C-Mar Credit Union Marietta
First Bank of Coastal Georgia Pembroke
AmSouth Bank of Georgia Summerville
Allied Bank of Georgia Thomason
United Bank of Pike Zebulon

CHANGE LOCATION OF

APPROVAL EFFECTIVE

DATE

DATE

Main Office

1-13-94

FROM 1191 First Street Macon 31201
TO 899 Oglethorpe Street Macon 31201

Main Office

7-07-94

FROM 582 N. Fairground Street Marietta 30061
TO 401 North Cobb Parkway Marietta 30061

Richmond Hill Office

9-17-93

8-29-94

FROM U.s. Highway 17 S. Richmond Hill 31324
TO 1 West Ford Avenue Richmond Hill 31324

Main Office

5-13-94

FROM 101 East Washington St, Summerville 30747
TO 1400 McCall Boulevard Rome 30162

Wilkes County Branch

Pending

FROM 209 E. Court Street Washington 30673
TO 100 E. Robert Toombs Ave. Washington 30672

Main Office

7-15-94

FROM 110 Griffin Street Zebulon 30295
TO 100 Griffin Street Zebulon 30295

-78-

APPLICATIONS TO ESTABLISH A BRANCH BANK, BANK OFFICE, OR FACILITY, AND PERMITS TO BEGIN BUSINESS

FINANCIAL INSTITUTION

BANK OFFICE, BRANCH OR FACILITY

BEGIN

APPROVAL BUSINESS

DATE

DATE

Citizens Bank of Americus Americus

Wal-Mart Supercenter Office Wal-Mart Supercenter #758 Highway 280 & Felder Street Americus 31709

9-14-94

Ashburn Bank Ashburn

Downtown Office 250 E, Washington Street Ashburn 31714

2-22-94 3-07-94

Capitol City Bank & Trust Company Atlanta

Cascade Road Office 2359 Cascade Road Atlanta 30311

8-13-92

Citizens Trust Bank Atlanta

West Peachtree Office 712 W. Peachtree Street Atlanta 30379

4-22-94 4-25-91

Citizens Trust Bank Atlanta

East Point Office 2840 East Point Street East Point 30344

12-19-94

First Capital Bank Atlanta

Asset Based Lending Department 3340 Peachtree Road, N.E. Suite 1800 Atlanta 30326

12-12-94 12-19-91

Trust Company Bank Atlanta

West Peachtree Office 760 West Peachtree Street Atlanta 30308

10-21-94

Trust Company Bank Atlanta

Presbyterian Village Facility 2000 East-West Connector Austell 30001

8-04-94

Trust Company Bank Atlanta

Dunwoody Office 1710 Mt, Vernon Road Dunwoody 30338

9-14-93 4-18-92

Trust Company Bank Atlanta

Peachtree Parkway Office 5450 Peachtree Parkway Suite 8C Norcross 30092

12-28-94

Georgia Bank & Trust Augusta

Evans Office 627 Washington West Drive Evans 30809

4-20-94 11-14-94

-79-

APPLICATIONS TO ESTABLISH A BRANCH BANK, BANK OFFICE, OR FACILITY, AND PERMITS TO BEGIN BUSINESS

FINANCIAL INSTITUTION

BANK OFFICE, BRANCH OR FACILITY

APPROVAL DATE

BEGIN BUSINESS
DATE

United Bank Barnesville
Bank of Early Blakely
The First Bank of Brunswick Brunswick
Georgia Bank & Trust Calhoun
Citizens Bank and Trust of West Georgia Carrollton
1st Floyd Bank Cave Spring
The Bank of Thomas County Coolidge
The Peoples Bank of Forsyth County Gumming
Dalton/Whitfield Bank & Trust Dalton
Bank of Dudley Dudley
Citizens Bank of Gwinnett Duluth
The Peoples Bank Eatonton

Ingles Supermarket Office 625 South Highway 341 Barnesville 30204
Arlington Office 311 Highland Avenue, South Arlington 31713
St. Simons Island Office 3811 Frederica Road St. Simons Island 31522
North 41 Office 940 North Wall Street, N.W. Calhoun 30703
Supermarket Bank Facility 734 Bowdon Street Tallapoosa 30176
Broad Street Office 805 Broad Street Rome 30161
Coolidge Office 529 Pine Avenue Coolidge 31738
Johns Creek Office 3621 Peachtree Parkway Suwanee 30174
East Walnut-Winn Dixie Facility Winn Dixie #1837 East Walnut Avenue/Airport Road Dalton 30722
Veterans Boulevard Office 1650 Veterans Boulevard Dublin 31021
Suwanee Office 2885 Lawrenceville-Suwanee Road Suwanee 30174
Sinclair Office SE Corner US Hwy 441 and Jackson Road Eatonton 31024

12-23-94 9-06-94 12-06-94 9-17-93 2-15-94 3-01-94 5-12-94 7-18-94 12-29-94 3-03-94 10-19-94 12-09-93 3-31-94
3-07-94 4-01-94 10-05-94

-80-

APPLICATIONS TO ESTABLISH A BRANCH BANK, BANK OFFICE, OR FACILITY, AND PERMITS TO BEGIN BUSINESS

FINANCIAL INSTITUTION The Citizens Bank
Gainesville
United Bank of Griffin Griffin
Bank of Hartwell Hartwell
The Coastal Bank Hinesville
Northeast Georgia Bank Lavonia
First Southern Bank Lithonia
Charter Bank and Trust Co. Marietta
The Chattahoochee Bank Marietta

BANK OFFICE, BRANCH OR FACILITY
Washington Square Office 170 feet NW of int. of Shallowford Road and Skelton Road Gainesville 30501
Bruno's Supermarket Office 816 South Hill Street Griffin 30223
Ingles Supermarket Office 1094 E. Franklin St. Hartwell 30543
Pooler Office 501 West Highway 80 Pooler 31322
Dill's Supermarket Office 12260 Augusta Road Lavonia 30553
South DeKalb Mall Office 2801 Candler Road, Suite 1 Decatur 30034
Cumberland Office 3100 Cumberland Circle Suite 100 Atlanta 30339
East Cobb Banking House Office S.E, Corner of Johnson Ferry and
Little Willeo Road Marietta 30068

APPROVAL DATE

BEGIN BUSINESS
DATE

2-22-94

8-29-94 8-31-94 8-12-94 9-26-94 1-25-93 9-08-94 10-19-94 2-22-94 6-03-94 8-09-94

8-02-93

Bank of Milan Milan

McRae Office 850 East Oak Street McRae 31055

5-27-94

First Gwinnett Bank Norcross

Peachtree Parkway Office Peachtree Parkway and
Medlock Bridge Road Norcross 30092

6-23-94

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APPLICATIONS TO ESTABLISH A BRANCH BANK, BANK OFFICE, OR FACILITY, AND PERMITS TO BEGIN BUSINESS

BEGIN

BANK OFFICE, BRANCH

APPROVAL BUSINESS

FINANCIAL INSTITUTION___________ OR FACILITY_____________________ DATE______ DATE

First Gwinnett Bank Norcross

Peachtree Parkway Office 5450 Peachtree Parkway Norcross 30092

Rescinded

Fayette County Bank Peachtree City

Kedron Office 100 Kedron Drive Peachtree City 30269

2-19-93

3-29-94

Peach State Bank Riverdale

Jonesboro Office SW Corner, Ga Flwy 54 & 138 Jonesboro 30236

Rescinded

Northside Bank & Trust Company Roswell"

Roswell Village Office 10524 Alpharetta Highway Roswell 30076

12-01-93 3-01-94

Farmers and Merchants of Senoia Senoia

Temple Avenue Office 138 Temple Avenue Newnan 30263

12-03-93 2-12-94

Smyrna Bank & Trust Co Smyrna

Powder Springs Road Office 1755 Powder Springs Road Marietta 30064

5-18-94

Eagle Bank & Trust Statesboro

Northside Drive East Office 726 Northside Drive East Statesboro 30458

11-28-94

The First State Bank Stockbridge

Locust Grove Office 4979 Hampton-Locust Grove Road Locust Grove 30248

7-15-94 9-26-94

The First State Bank Stockbridge

Hudson Bridge Road Office 1810 Hudson Bridge Road Stockbridge 30281

2-15-94 9-01-94

Allied Bank of Georgia Thomson

Augusta West Office 1219 Augusta West Parkway Augusta 30909

2-21-94 6-20-94

Allied Bank of Georgia Thomson

Wrens Office 404 Broad Street Wrens 30433

9-22-94 10-03-94

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APPLICATIONS TO ESTABLISH A BRANCH BANK, BANK OFFICE, OR FACILITY, AND PERMITS TO BEGIN BUSINESS

BEGIN

BANK OFFICE, BRANCH

APPROVAL BUSINESS

FINANCIAL INSTITUTION____________OR FACILITY_____________________ DATE______ DATE

McDuffie Bank & Trust Thomson

Winn Dixie Supermarket Office 1014 Augusta Road SE Thomson 30824

DeKalb State Bank Tucker

Dunwoody Office 5511 Chamblee-Dunwoody Road Dunwoody 30338

First State Bank and Trust Company of Valdosta
Valdosta

North Perimeter Road Office 3020 Perimeter Road Valdosta 31602

CB&T Bank of Middle Georgia Houston Lake Road Office

Warner Robins

315 South Houston Lake Road

Warner Robins 31088

First State Bank Wrens

Louisville Office 900 Peachtree Street Louisville 30434

First State Bank Wrens

North Wrens Office 801 North Main St., NE Wrens 30833

MISCELLANEOUS APPLICATIONS

Pending Withdrawn
1-28-943-02-94 12-06-94 12-28-94 11-15-94

NAME OF BANK______________LOCATION_________ APPLICATION______________ DATE

Bank of Dodge County

Chester

Grants Trust Powers

2-11 -94

STATE-CHARTERED BANKS IN LIQUIDATION

NAME OF BANK____________________ LOCATION__________ DATE CLOSED DEPOSITORY

The Citizens Bank, Dallas, Georgia

Dallas

1 -10-92

NA

Unpaid Claims due FDIC ......................................................................................... $15,546,733 Estimated Value of Remaining Assets ......................................................... $ 2,577,905

First Community Bank of Cherokee

Woodstock

3-31-92

NA

Unpaid Claims due FDIC ......................................................................................... $9,514,670 Estimated Value of Remaining Assets ......................................................... $ 3,258,511

-83-

APPROVAL OF DISSOLUTION

APPROVAL EFFECTIVE

FINANCIAL INSTITUTION_____________________________________ DATE

DATE

Baker County Bank Newton, Georgia

12-02-94 12-02-94

Georgia-Tennessee Mining & Chemical Employees Credit Union
Wrens

10-14-94 10-19-94

APPLICATIONS FOR SALE OF CHECKS OR MONEY ORDERS (O.C.G.A. 7-1-683)

COMPANY NAME

APPROVAL DATE

Thomas Cook Travelers Cheques, Ltd. Princeton NJ 08540

1 -12-94

NOTICE OF CHANGE IN NAME

PREVIOUS NAME

NEW NAME

APPROVAL DATE

Georgia Bankers Bank Atlanta

The Bankers Bank

5-23-94

Bank of Cave Spring Cave Spring

1st Floyd Bank

5-20-94

Bank of Dodge County Chester

The Bank of Dodge County

2-11-94

First Alabama Bank of Columbus Columbus

Regions Bank of Georgia

3-08-94

Nashville Mills Employees Credit Association Nashville

Nashville Credit Union

5-18-94

United Bank of Crawford Roberta

Crawford County Bank

6-07-94

Farmers and Merchants Bank of Senoia Senoia

Farmers and Merchants Community Bank

2-17-94

EFFECTIVE DATE
5-24-94 5-23-94 2-14-94 3-14-94
5-20-94
6-10-94 2-18-94

-84-

Department of Banking and Finance 2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341 -5565

Bulk Rate U.S. Postage
PAID Atlanta, GA Permit No. 2620