Seventy-seventh annual report [1996]

STATE OF GEORGIA
DEPARTMENT OF BANKING AND FINANCE
YEAR ENDING DECEMBER 31, 1996
ZELL MILLER GOVERNOR
E. D. "JACK" DUNN COMMISSIONER
STEVEN D. BRIDGES DEPUTY COMMISSIONER

Commissioner E. D. "Jack" Dunn
Mr. E. D. Jack" Dunn was appointed Superintendent of Banks (now known as Commissioner of Banking and Finance) by Governor Jimmy Carter on January 3. 1972. Since that appointment. Mr. Dunn has continued to selVe as Commissioner under the governorships of George Busbee. Joe Frank Harris and Zen Miller.
- II -

MESSAGE FROM THE COMMISSIONER
It is certainly pleasing to report that safety and soundness concerns are minimal for most of the banks and other financial institutions regulated by the Department. The capital structures of most of the institutions are well above required regulatory capital levels. Non-performing loans remain at nominal levels in most institutions even though there is some general concern regarding the consumers' debt load. In addition, financial institutions generally experienced another year of strong earnings performance in 1996.
During 1996, the Department's responsibilities for supervising certain non-depository financial service providers continued to present significant challenges. The licensing and supervisory activities required by the Georgia Residential Mortgage Act are certainly the areas presenting the biggest challenges. This law requires that a license be obtained by anyone who makes or brokers loans secured by residential real property located in Georgia unless they are statutorily exempt from this requirement. The number of mortgage lender and broker licensees/registrants continues to grow resulting in a continuation of the Department's increasing workload in this area. At year-end 1996 there were 1,070 active mortgage broker licensees, 517 active mortgage lender licensees and 101 mortgage lender or broker registrants.
The rapid rate of change in the financial services industry has not slowed. Further developments in technology, the continuation of consolidation within the financial services industry, the evolution of interstate banking/branching and the expansion of bank powers continue to present significant challenges for the Department and the industry. The Department continues to work to adapt the Financial Institutions Code and Department regulations to assure that Georgia financial institutions are able to remain viable and fUlly competitive. The focus of many of the changes has been to provide the Department and the industry the flexibility to act and react in a timely manner to the rapidly changing environment in which they must operate.
The Georgia branching code was amended during the 1996 session of the General Assembly allowing banks to establish de novo branch banks across county lines beginning July 1, 1996. The law limits banks or bank holding companies to three such branching opportunities until July 1, 1998, at which time such branching will become unrestricted statewide. The implementation of this new law has occurred in an orderly fashion. Only 37 de novo branch bank applications were received by the Department in 1996. Bankers appear to be approaching branching decisions in a prudent, business-like manner. The large majority of these applications represent moves into an adjacent county or other markets which are a natural extension of the bank's existing market. Such orderly expansion should strengthen Georgia banks. It is also significant to note that this expansion of branching powers has not stifled new independent bank chartering activity. Three new banks opened for business in 1996, four additional new bank charters had been approved but were not yet open for business as of December 31, 1996, and two other applications pending at year-end were subsequently approved. Further, this new charter activity is continuing into 1997. The orderly expansion by branching and the new banks being chartered will enhance the availability of convenient, affordable banking services for the Georgia public.
The Department staff remains committed to the preservation and enhancement of a state charter and of the dual banking system. We will continue to work diligently to assure that the financial institutions' industry in Georgia is able to remain competitive in every respect. The Department's goal is to assure that the state's regulatory/supervisory system is of high quality and that this Department is operated efficiently.
- III -

THE DEPARTMENT OF BANKING AND FINANCE
MISSION STATEMENT
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.
VISION STATEMENT
Using advanced technology and a team approach, the Department of Banking and Finance will provide a financial regulatory structure for fostering a safe, sound, and innovative financial services industry--one capable of promoting a high level of economic growth, security, and wellbeing for Georgians.
- IV -

TABLE OF CONTENTS

Official Roster

1

List of District Personnel

3

Examination Districts and Work Areas (Map)

5

Staff Pictures (As of December 31, 1996)

6

History of the Department

15

Fiscal Report

"

16

Summary of Activities of State Chartered Financial Institutions

17

Overview of Financial Service Providers

18

Financial Holding Companies and Their Financial Subsidiaries

21

Chart of Georgia Banks (Distribution By Asset Size)

34

Abstract of Reports of Condition of State and National Banks

35

Statement of Earnings and Expenses of State and National Banks

36

List of State and National Banks

37

State Chartered Banks in Liquidation

47

Banks with Branches (Out-of-County)

48

International Bank Agencies

54

International Bank Facilities

56

Representative Offices

57

Graph of History of State-Chartered Credit Unions

63

Abstract of Reports of Condition of State-Chartered Credit Unions

64

Statement of Earnings and Expense of State-Chartered Credit Unions

65

List of State-Chartered Credit Unions

66

State Charted Credit Unions in Liquidation

69

Summary of Activities - Mortgage Division

70

Sale of Checks or Money Order Corporations

71

Applications

New Financial Institutions

72

Financial Institution Mergers

73

Financial Institution Conversions

73

Branch Bank, Bank Office or Facility

76

Change Location

87

-V-

Georgia Department of Banking and Finance

Eo Do DUNN
Commissioner

STEVEN Do BRIDGES, CFE
Deputy Commissioner

LESLIE A. BECHTEL Deputy Commissioner for Legal Affairs

, 770-986-1650

Susan Brown, Administrative Assistant to Commissioner

,... 986-1620

Nancy Chapman, Administrative Assistant . , ..... , . . . . . . . . . . . . . 986-1631

ADMINISTRATIVE DIVISION

Personnel, Accounting and Budget, Training, Information Services, Clerical Support, Currency Transaction Report Processing, Special Projects

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

Melinda G. Kinard, CFE, Director of Training, DP

986-1649

Ralph J. Shire, CFE, Assistant Deputy Commissioner, DP .. ,

986-1383

Dianne Blackstone, DP Project Manger

, . . . . . . . . . . . . . . 986-1648

Denise Leaphart Network Administrator ,

,

, , 986-1651

Carol A. Webb, DP Field Service Manager

,

, . . . . . . 986-1624

C. Douglas Peugh, Director of Special Projects . . . . . . . . . . . . . . . . . . 986-1386

Marilyn Harris, Accounting Manager

, . . . 986-1641

Renate CamvlL Paraprofessional Accountant . . . . , . . . . . . . . . . . . . . 986- 1632

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

Sonja Hencely, Office Supervisor

,

, . . . . 986- 1621

Sheila B. Ball, Secretary II .. , Bonnie C. Steele, Secretary II

, . . . . . . . . . . . . . . . . . . . . . . . . . . . . 986-1633

,

, . . . . . . . . . . 986-1634

Kaushik Mehta, Storekeeper

, .. , . . . . . . . . . . . . . . . . . 986-1622

SUPERVISORY DIVISION

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 ..... , . . 986-1629

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

Wayne Orr, CPA, Assistant Deputy Commissioner ..... , . District 4 . 986-1637

Sandra Sheley, CFE, Assistant Deputy Commissioner . . . . . District 1 . 986- 1636 "-

Susan Nelson, Secretary III

, .. , .. ,

,

" 986-1656

- 1-

Georgia Department of Banking and Finance

SUPERVJ[SORY DIVISION (Continued)

Drexel Beck, CFE, Assistant Deputy Commissioner

District 6

986-1644

Rhoda Barcan, Secretary III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 986-1659

Princess Brown, CFE, Assistant Deputy Commissioner Larry E. Shelley, CFE, Assistant Deputy Commissioner Cassandra Brown, Secretary III

District 5 District 3

986-1643 986-1642 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

Larry S. Moor, CFE, Assistant Deputy Commissioner . . . . . . . . . . . . . . . . . . . . . . . . . .. 986-1373

C. Craig Smith, CFE, Assistant Deputy Commissioner

986-1372

Jenny Neville, CPA, CFE, Senior Financial Examiner

986-2812

Marilou Harvey, Administrative Assistant

986-1268

Deborah Latimer, Secretary III

986-5035

Janet Anderson, Secretary III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 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 Supervision, Check Cashers Licensing Supervision, Annual Reports, Department Bulletins, Georgia Credit Union Deposit Insurance Corporation, Statistical Reports, Technical and Legal

ROBLEY S. RIGDON, CFE Deputy Commissioner for Mortgage and Corporate Divisions

986-1371

Georgia G. High, CFE, Assistant Deputy Commissioner . . . . . . . . . . . . . . . . . . . . . . .. 986-1645

Judy Carter, Administrative Assistant . . . . . . . . . . . . . . . Districts 2,3,4 . . . . . . . . . . .. 986-1647

Tervenia Mitchiner, Administrative Assistant

Districts 1,5,6

986-1639

Elizabeth J. Staden, Secretary III

986-1652

-2-

DISTRICT AND TELEPHONE #
District 1 MARlEnA
770-988-9444

DISTRICT PERSONNEL

DISTRICT DIRECTOR

SUPERVISORY EXAMINER SENIOR EXAMINERS

Jackson D. Hardy, CFE Robert M. Braswell

William D. Atkins, CFE James M. Brooks, CFE Ernest D. Coats, CFE James Emory Ira D. Goolsby Billy C. Wilson, Sr.

District 2 STONE MOUNTAIN
770-879-0366 ATHENS
706-549-8596

Tracy D. Whitesides, CFE/CPA

Robert J. Rosentreter, CFE Michael G. Killeen, CFE

Janet Blackmon, CFE Harold J. Carney Ned W. Overby E. Nanette Sisk, CFE/CPA

District 3
COLLEGE PARK 404-559-6621

Barry L. Rooks, CFE

Lori A. Binford

Mayra Barzaga Harry M. Brown Gregory D. Lowe Billie L. Reed Emory L. Stanford, CPA

District 4 DUBLIN
912-275-6740

Gary F. Ford, CFE

Michael F. Hooks, CFE/CPA

Vicki L. Brantley, CFE Hersha S. McDade Dennis McNeer Mark A. Smith

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

George A. Reynolds, CFE/CPA

Larry T. Duke, CFE Joyce R. Jones

Eugene S. Cline D. Ray Johnston Michael A. Rosser, CFE John F. Sutphin, III, CFE Terry Tucker

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

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

James F. Mills, CFE Billy S. Wilson, Jr., CFE

-3-

EXAMINERS
Todd M. Burt Victor A. Greene Larry J. Moody Louis H. Otos Edward Plott Mark Pressler
M. Joel Byers Michael Dunagan Darren Hodge Murali Ramachandran Michael Tarrh Charles D. Titshaw, Jr.
Laura Brown George E. Campbell Margaret W. Clarke Joseph M. Mikula Daniel J. Vano
Michael D. Bryan Robert Herndon
R. Wayne Braswell Melanie C. Cousins Kay T. Green

AS OF APRIL 1, 1997
ASSISTANT EXAMINERS
Jennifer L. Casey Kevin Hagler Teresa H. Johnson Malcolm Keith Caldwell McDaniel

ADMINISTRATIVE ASSISTANT TO DISTRICT DIRECTOR
RonaldF. Furukawa

Robert Curry Corbin Harrison C. Ray Lassiter

Jeannie Benefield

Sandra Daniels Amy Johnson Fred Wells Keith Zimmerman
Janet Bryan Tricia Egiziano Virginia Marable

Victoria Busby

Patrick T. Brahana, CFE

Michael Parker Judy H. Powell Michelle Floyd Rodgers Clay Seymour Shannon R. Vickers
-4-

EXAMINATION DISTRICTS AND DISTRICT WORK AREAS
DISTRICT LOCATION
Marietta 2 Stone Mountain
Athens
3 College Park 4 Dublin
5 Albany Valdosta
6 Douglas Savannah

CURRENT STAFF

E. D. "Jack" Dunn Commissioner

Steven D. Bridges, CFE Deputy Commissioner

leslie A. Bechtel
Deputy Commissioner for Legal Affairs

David A. Hancock, CFE Deputy Commissioner for Administration

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

-6-

David G. Sorrell, CFE Deputy Commissioner
for Supervision

William D. Atkins

Sheila B. Ball

Rhoda Barcan

Mayra Barzaga

Drexel Beck

Jeannie Benefield

L
Lori A. Binford

Janet Blackmon

Dianne Blackstone

Patrick T. Brahana

Vicki L. Brantley

Robert M. Braswell

R. Wayne Braswell

James M. Brooks

Cassandra Brown

-7-

Harry M. Brown

Laura Brown

Princess Brown

Susan Brown

Janet Bryan

Michael o. Bryan

Todd M. Burt

George E. Campbell

Harold J. Carney

Victoria Busby

M. Joel Byers

,.'... -'~

,.

. "."

t ~l~ .

. .,'

<~

Renate Carroll

Judy Carter

Jennifer L. Casey

Nancy Chapman

Margaret W. Clarke

-8-

Eugene S. Cline

Ernest D. Coats

Melanie C. Cousins

Robert Curry

Sandra D. Daniels

Larry T. Duke

Michael Dunagan

Tricla Eglzlano

James Emory

Gary F. Ford

Ronald F. Furukawa

Ira D. Goolsby

KayT. Green

Victor A. Greene

Kevin Hagler

-9-

Jackson D. Hardy

Marilyn Harris

Corbin Harrison

Marilou Harvey

Sonja Hencely

R. Larry Herndon

Robert Hemdon

Georgia High

Darren Hodge

Michael F. Hooks

Amy R. Johnson

Merian Johnson

Teresa H. Johnson

D. Ray Johnston

Malcolm Keith

Michael G. Killeen
- 10 -

Melinda G. Kinard

Charles Ray Lassiter

Deborah Latimer

Denise B. Leaphart

Gregory O. Lowe

Grace M. Lurry

Virginia Marable

Hersha J. McDade

Caldwell McDaniel

Dennis McNeer

Kaushik Mehta

Joseph M. Mikula

James F. Mills

Tervenia Mitchiner

Larry J. Moody
- 11 -

Larry S. Moor

Susan Nelson

Jenny L. Neville

Wayne Orr

Louis H. Otos

Ned W. Overby

Michael Parker

C. Douglas Peugh

Edward Plott

Judy H. Powell

Mark Pressler

Mural! Ramachandran

}

Billie L. Reed

George A. Reynolds

Michelle Aoyd Rodgers

Barry L. Rooks

Robert J. Rosentreter
- 12 -

Michael A. Rosser

Clay Seymour

Sandra Sheley

Larry E. Shelley

Ralph J. Shire

E. NaneUe Sisk

C. Craig Smith

Maggie Smith

Mark A. Smith

Elizabeth J. Staden

Emory L. Stanford

Bonnie C. Steele

John F. Sutphin, III

Michael Tarrh

Charles D. Titshaw, Jr.
- 13 -

Terry Tucker

Daniel J. Vano

Shannon R. Vickers

Carol A. Webb

Fred Wells

Jane M. Whitfield

Tracy D. Whitesides

David T. Widincamp

Billy C. Wilson, Sr.

Billy S. Wilson, Jr.

Keith Zimmerman

- 14 -

HISTORY OF THE DEPARTMENT

1919

1996

The Department of Banking and Finance was created by the Executive Reorganization Plan of 1972 as successor to the Depart-
ment of Banking. In addition to changing the name of the Department this reorganization also provided for the Department to be headed by a Commissioner as successor to the former Superintendent of Banks, and
transferred the supeNision of State-Chartered building and loan associations to the Department. 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 recodification in the form of the Financial Institutions Code of Georgia which became 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 Cashers (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 L 1976, to permit multibank holding companies under Department supeNision. In 1996, Georgia opted-in to the provisions of the federal Riegal-Neal Act which permitted interstate branching by merger. This legislation takes effect June 1, 1997. Nationwide acquisitions were recognized by other legislation in 1996, effective April L 1996. Branch banking legislation was also passed which allowed a bank or group of affiliated banks under the same holding company to establish three de novo branch banks in Georgia until July 1, 1998, when banks will be allowed to branch statewide.

- 15 -

Georgia Department of Banking and Finance

FISCAL YEAR 1996 RECEIPTS AND DISBURSEMENTS

REVENUES COLLECTED

Bank Fees

" $6,180,400.00

Check Casher Fees

85,951.76

Credit Union Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 579,832.00

Holding Company Fees

590,750.00

International Bank Fees

100,100.00

Mortgage Fees

2,690,476.10

Sale of Check Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 61,446.00

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

6,189.50

TOTAL RECEIPTS

$10,295,145.36

DISBURSEMENTS

Personal Services

$7,059,005.85

Motor Vehicle Expense . . . . . . . . . . . . . . . . . . . . . . . . .. 100,745.05

Supplies and Materials . . . . . . . . . . . . . . . . . . . . . . . . . .. 62,301.76

Repairs and Maintenance . . . . . . . . . . . . . . . . . . . . . . .. 50,141 .80

Travel Expense

403,183.03

Motor Vehicle Equipment Purchase

80,388.75

Printing

17,398.66

Equipment Purchases . . . . . . . . . . . . . . . . . . . . . . . . . .. 336,590.29

Office Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 334,070.00

Computer Charges

12,072.20

Communications

79,109.88

Per Diem and Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 5,908.44

Other Operating Expenses . . . . . . . . . . . . . . . . . . . . . 209,599.71

TOTAL DISBURSEMENTS

$8,750,515.42

Note: Total Revenues collected are remitted to the office of the Treasury and Fiscal Services. - 16 -

Georgia Department of Banking and Finance

STATE CHARTERED FINANCIAL INSTITUTIONS AND OTHER ENTITIES REGULATED OR LICENSED BY THE DEPARTMENT OF BANKING AND FINANCE
IN 1996

FINANCIAL INSTITUTION
BANKS CREDIT CARD BANKS TRUST COMPANIES BUSINESS DEVELOPMENT CORPORATIONS BRANCH BANKS, BANK OFFICES AND FACILITIES DE NOVO BRANCHES CREDIT UNIONS FINANCIAL HOLDING COMPANIES CHECK SELLERS CHECK CASHERS DOMESTIC INTERNATIONAL BANKING FACILITIES REPRESENTATIVE OFFICES INTERNATIONAL BANK AGENCIES INTERNATIONAL BANK REPRESENTATIVE OFFICES MORTGAGE BROKERS MORTGAGE LENDERS MORTGAGE REGISTRANTS

TOTALS JANUARY
1, 1996
310 3 2 1
730
94
237 23 228 4
53 18
7
884 434
78

OPENED REGISTERED LICENSED
3
+66 +20 +3** +13 +1 +45
+20 +1 +1 +335 +140 +36

CONVERTED
-5 +1

MERGED
-22

CLOSED LIQUIDATED DEREGISTERED

TOTALS DECEMBER
31, 1996
287
3 2

1

-149

-30

+2

+94

-18

695

20

-3

-2

89*

-21

232

24

-37

236

4

-18

55

-3

16

-1

7

-21 +3

-131

1,070

-6 +21

-72

517

+3

-16

101

* Includes one In liquidation (Reliance) ** Restructure of tiered Holding Companies

One international representative office was reported as an out-of-state representative office in 1995. Beginning numbers are

adjusted accordingly.

..

- 17 -

Georgia Department of Banking and Finance
AN OVERVIEW OF THE FINANCIAL SERVICE PROVIDERS REGULATED BY THE DEPARTMENT OF BANKING AND FINANCE
" The financial and statistical information contained in this report has been compiled from the annual reports of condition submitted by the 287 state-chartered banks, five credit card banks (three state-chartered and two with a national charter), 67 national banks, 89 statechartered credit unions, 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 report information, the banking system in Georgia grew 10.9% in 1996. Total assets for the state-chartered and national banks amounted to $147,081 billion, reflecting an increase of $14,422 billion from the end of 1995. During the year, six new banks were approved compared to four the previous year, three new banks began business, one bank converted from national to state charter, and five state-chartered banks converted to federally chartered savings and loan associations. One hundred sixty-two new banking offices and facilities were opened or acquired through merger or conversion during the year while 197 were closed. Twenty-two banks merged into existing banks and at year end, there were 287 state-chartered banks, plus three credit card banks, with 695 banking offices operating in Georgia. Twenty of the 33 de novo branch banks approved in 1996, also began operation during the year.
HOLDING COMPANIES
The total number of Georgia bank holding companies decreased slightly in 1996. The Department approved 46 applications by financial holding companies to acquire controlling interest in financial institutions. Of this amount 16 applications were approved to establish new financial holding companies, and 30 applications were approved for additional acquisitions. Many of these applications also resulted in the merger of acquired holding companies into the acquiring institution. The continued increase in acquisition activities of holding companies is an indicator of the favorable financial climate prevalent in Georgia for 1996. At year-end, there were 232 financial holding companies regulated by the Department.
INTERNATIONAL BANKING
During 1996, the number of International Bank Representative Offices and Domestic International Banking Facilities licensed by the Department remained the same. The year ended with sixteen international bank agencies, a decline of two from the previous year, and seven representative offices of international banks registered or authorized to do business in Georgia. There are also four Domestic International Banking Facilities operating in the state, These entities are only empowered to accept off-shore deposits and grant offshore loans which are in excess of $100,000,
- 18 -

Georgia Department of Banking and Finance
REPRESENTATIVE OFFICES OF BANKS
As of the end of 1996, there were 55 companies registered as representative offices affiliated with banks, operating in this state compared to 53 at the end of 1995. These included 43 registrants of out-of-state companies and 12 registrants of in-state companies.
TRUST COMPANIES
Trust activities continue to be conducted principally by bank trust departments. As of the end of the year, there were two state-chartered trust companies and one national trust company 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 seNices through agency relationships with banks which are authorized to offer trust seNices.
CREDIT UNIONS
Credit unions operating under state charter have continued their successful operations during 1996. Consolidated financial and statistical reports of the 88 state-chartered credit unions reflect assets which now total $4, 158 billion, which is an increase of $179 million or 4.5% since the beginning of the year. These totals do not reflect the assets of an additional credit union which is in liquidation. All state-chartered credit unions provide their members with deposit insurance through the National Credit Union Administration. During the year, three state chartered credit unions merged into federal credit unions, one federal credit union merged into a state credit union and two state chartered credit unions liquidated.
MORTGAGE LICENSEES AND REGISTRANTS
Article 13 of Title 7 of the Official Code of Georgia Annotated requires all persons who transact business as a mortgage broker or lender to be licensed or registered with the Department. At the end of 1996, active licensees and registrants numbered 1,688, a net increase of 292, or 20,9%, during 1996.
CHECK CASHERS
As of the end of 1996, there were 236 check cashers licensed by the Department. This was a net increase of eight over the previous year. The Department has continued examination of these licensees and for the most part, they were found to be operating within the confines of the law. A current listing of those businesses holding check cashing licenses can be obtained by contacting the Department.
SALE OF CHECKS
The Department has been supeNising companies which sell traveler's checks and money orders to the residents of Georgia since 1965. Regular examinations of the companies which are headquartered in Georgia are performed, and off-site financial review is performed on those companies headquartered elsewhere. At the end of the year, 24
companies having a total of 6,413 agents throughout the state were licensed to do
business compared to 23 in 1995.
- 19 -

Georgia Department of Banking and Finance 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 the Department. Fiduciary investment companies are also subject to our review and supervision, however, as of the end of 1996, there were none in operation in Georgia.
- 20 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

MONTGOMERY COUNTY BANKSHARES, INC. *Montgomery County Bank

'JJ
~
o~
~
~

FIRST STATE CORPORATION *First State Bank & Trust Company First State Bank and Trust Company in Cordele
FOUR COUNTY BANCSHARES, INC. *The Four County Bank Peoples State Bank
FIRST BANK SHARES OF THE SOUTH EAST, INC. *The First National Bank of Alma
SOUTH BANKING COMPANY *Alma Exchange Bank & Trust Peoples State Bank & Trust Citizens State Bank Pineland State Bank

FIRST COLONY BANCSHARES, INC. *First Colony Bank

COMMUNITY NATIONAL BANCORPORATION *Community National Bank

~

FIRST AMERICAN BANCORP *First American Bank and Trust Company

UGEORGIA NATIONAL BANCORP, INC *The Georgia National Bank
BROADSTREET, INC. *AmTrade International Bank of Georgia

CITIZENS BANCSHARES CORPORATION
~ *Citizens Trust Bank COMMUNITY FINANCIAL SERVICES, INC. *The Bankers Bank

o~

EMBRY BANKSHARES, INC. *Embry National Bank

1

FIRST ALLIANCE/PREMIER BANCSHARES, INC, *First Alliance Bank

~

Premier Bank, FSB

~

SUMMIT BANK CORPORATION *The Summit National Bank

~

SUNTRUST BANKS, INC. SUNTRUST BANKS OF GEORGIA, INC. SunTrust Bank, South Georgia, N.A. SunTrust Bank, Northeast Georgia, N.A. *SunTrust Bank, Atlanta SunTrust Bank, Augusta, National Association SunTrust Bank, Southeast Georgia, N.A. SunTrust Bank, West Georgia, National Association

AILEY Ailey
ALBANY Albany Cordele
ALLENTOWN Allentown Jeffersonville
ALMA Alma
ALMA Alma Baxley Kingsland Metter
ALPHARETIA Alpharetta
ASHBURN Ashburn
ATHENS Athens
ATHENS Athens
ATLANTA Atlanta
ATLANTA Atlanta
ATLANTA Atlanta
ATLANTA Atlanta
ATLANTA Marietta Acworth
ATLANTA Atlanta
ATLANTA ATLANTA Albany Athens Atlanta Augusta Brunswick Columbus

01-27-87 02-04-81
02~14-89
06-11-85 11-20-80
06-06-88 02-19-90 04-02-86 07-25-91 03-04-93 07-01-76 11-18-85 11-12-87 11-14-88
09-11-87 01-11-85 07-01-76
"-

'Lead Bank

- 21 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

SUNTRUST BANKS, INC. (CONT'D) " SunTrust Bank, Middle Georgia, National Association
SunTrust Bank, Northwest Georgia, N.A. SunTrust Bank, Savannah, National Association SUNTRUST BANKS OF TENNESSEE, INC. SUNTRUST BANKS OF FLORIDA, INC,
*Sun Commercial Bank

ATLANTA Macon
Rome Savannah NASHVILLE, TN ORLANDO, FL
Panama City, FL

GEORGIA BANK FINANCIAL CORPORATION *Georgia Bank & Trust Company of Augusta

AUGUSTA Augusta

INVESTORS FINANCIAL CORPORATION *Bainbridge National Bank

BAINBRIDGE Bainbridge

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

BAINBRIDGE Bainbridge

UNITED BANK CORPORATION
*United Bank United Bank of Griffin United Bank of Pike

BARNESVILLE
Barnesville Griffin Zebulon

AMSOUTH BANCORPORATION *AmSouth Bank of Georgia

BIRMINGHAM, AL Rome

REGIONS FINANCIAL CORPORATION *Regions Bank of Georgia Regions Bank

BIRMINGHAM, AL Columbus Gainesville

SOUTHTRUST CORPORATION *SouthTrust Bank of Columbus, N,A. SOUTHTRUST BANK OF GEORGIA, N,A. *SouthTrust Asset Management Company of GA., N.A. SOUTHTRUST OF GEORGIA, INC *SouthTrust Bank of Georgia, N.A.

BIRMINGHAM, AL
Columbus ATLANTA Atlanta ATLANTA
Atlanta

PEOPLES BANKING CORPORATION *Peoples Bank

BLACKSHEAR Blackshear

UNITED COMMUNITY BANKS, INC. *United Community Bank Peoples Bank of Fannin County
White County Bank Towns County Bank Citizens Bank

BLAI RSVI LLE Blairsville Blue Ridge
Cleveland Hiawassee Murphy, NC

EARLY BANCSHARES, INC. *Bank of Early

BLAKELY Blakely

THE MADDOX CORPORATION FIRST STATE BANCSHARES OF BLAKELY, INC. *First State Bank of Blakely
First Federal Savings Bank of Southwest Georgia

BLAKELY BLAKELY Blakely Donaldsonville

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

BRUNSWICK Brunswick

FIRST HARALSON CORPORATION *The First National Bank of Haralson County

BUCHANAN Buchanan

01-11-85
03-24-87 10-06-95 11-27-91 02-14-91 08-11-81 11-25-81
12-31-92 07-24-91
05-31-89 04-28-92 01-10-84 02-28-90 02-04-88
02-02-93 11-04-96 06-13-86
04-28-88 03-06-84

'Lead Bank

- 22 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

GRADY HOLDING COMPANY *First National Bank of Grady County
CAMILLA BANCSHARES, INC. *Bank of Camilla
P & C BANK SHARES, INC. *Planters & Citizens Bank
B C BANKSHARES, INC. *Bank of Canton
UNITED SECURITY BANCSHARES, INC. *United Security Bank
FIRST BANKS, INC. First Bank and Trust *The Bank of Toccoa
WGNB CORP. *West Georgia National Bank of Carrollton
BARTOW BANCSHARES, JNC. *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 National Association (South)
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 The Gordon Bank
PEOPLES COMMUNITY BANCSHARES, INC. *Peoples Community Bank Bank of Columbia Pineview State Bank
TB&C BANCSHARES, INC. SYNOVUS FINANCIAL CORPORATION Security Bank and Trust Company of Albany Sumter Bank and Trust Company Athens First Bank & Trust Company The Coastal Bank of Georgia

CAIRO Cairo
CAMILLA Camilla
CAMILLA Camilla
CANTON Canton
CANTON Sparta
CARNESVILLE Carnesville Toccoa
CARROLLTON Carrollton
CARTERSVILLE Cartersville
CARTERSVILLE Cartersville
CEDARTOWN Cedartown
CHARLOTIE, NC ATLANTA Clarkston
CHARLOTIE, NC Atlanta
CHATSWORTH Chatsworth
CLAYTON Clayton
CLAYTON Clayton Gordon
COLQUITI Colquitt Columbia, AL Pineview
COLUMBUS COLUMBUS Albany Americus Athens Brunswick

06-30-78 03-24-92 12-30-80 09-05-84 02-21-84 04-13-81
08-12-85 04-28-83 10-18-89 05-20-86 03-17-86 07-01-76 12-12-85 03-03-83 10-06-89 05-12-83
04-09-91
08-25-86 07-01-76

'Lead Bank

- 23 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

"TB&C BANCSHARES, INC. (CONT'D)
Citizens Bank and Trust of West Georgia Cohutta Banking Company The Citizens Bank of Cochran *Columbus Bank and Trust Company Synovus Trust Company Citizens & Merchants State Bank Community Bank and Trust of Southeast Alabama First Coast Community Bank The Citizens Bank Bank of Hazlehurst Commercial Bank & Trust Company of Troup County The National Bank of Walton County Bank of Coweta Peachtree National Bank Bank of Pensacola F&M Bank of Russell County The Quincy State Bank Citizens First Bank Sea Island Bank The National Bank of South Carolina The Tallahassee State Bank Commercial Bank First Community Bank of Tifton First State Bank and Trust Company of Valdosta Vanguard Bank and Trust Company CB&T Bank of Middle Georgia SYNOVUS FINANCIAL CORPORATION OF ALABAMA
FIRST COMMERCE BANCORP, INC. *The First National Bank of Commerce
MID STATE BANKS, INC. *Cordele Banking Company Planters Bank The First State Bank of Ocilla
COMMUNITY BANKSHARES INC. Community Bank & Trust - Jackson *Community Bank & Trust - Habersham Community Bank and Trust - Troup Community Bank and Trust
HABERSHAM BANCORP Security State Bank *Habersham Bank
FNB NEWTON BANKSHARES, INC. *First Newton Bank
MAIN STREET BANKS INCORPORATED *Main Street Bank
TCB BANCSHARES, INC. *The Commercial Bank
D/W BANKSHARES, INC *Dalton/Whitfield Bank & Trust

COLUMBUS
Carrollton Chatsworth Cochran Columbus Columbus Douglasville Enterprise, AL Fernandina Beach, FL Fort Valley Hazlehurst LaGrange Monroe Newnan Peachtree City Pensacola, FL Phenix City, AL Quincy, FL Rome Statesboro Sumter, SC Tallahassee, FL Thomasville Tifton Valdosta Valparaiso, FL Warner Robins FORT RUCKER, AL
COMMERCE Commerce
CORDELE Cordele Hawkinsville Ocilla
CORNELIA Commerce Cornelia LaGrange Union Springs, AL
CORNELIA Canton Clarkesville
COVINGTON Covington
COVINGTON Covington
CRAWFORD Crawford
DALTON Dalton

08-25-86
10-27-81 03-05-80 03-12-81 12-05-84 11-30-84 11-07-88 08-10-89 03-18-94

-Lead Bank

- 24 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

FBD HOLDING COMPANY *First Bank of Dalton
HARDWICK HOLDING COMPANY First National Bank of Northwest Georgia *Hardwick Bank & Trust Company
SOUTHEASTERN BANKING CORPORATION *Southeastern Bank
DAWSON BANCSHARES, INC. *Bank of Dawson
DAWSON COUNTY BANCSHARES, INC. *Dawson County Bank
FIDELITY NATIONAL CORPORATION *Fidelity National Bank
FNC BANCORP, INC. *First National Bank of Coffee County
SOUTHLAND BANK CORPORATION *Southland Bank Coffee County 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
CITIZENS GWINNETI BANKSHARES, INC. *Citizens Bank of Gwinnett
CCB FINANCIAL CORPORATION *Central Carolina Bank - Georgia
FIRST BANKSHARES, INC. *First Bank of Georgia
CITIZENS CORPORATION *Citizens Bank & Trust Company
JESUP FAMILY LIMITED PARTNERSHIP MAGNOLIA MIDLANDS BANKSHARES, INC. *Bank of Eastman
PEOPLES BANKSHARES, INCORPORATED *The Peoples Bank
PUTNAM-GREENE FINANCIAL CORPORATION *Farmers & Merchants Bank First Bank of Coastal Georgia The Farmers Bank

DALTON Dalton
DALTON Calhoun Dalton
DARIEN Darien
DAWSON Dawson
DAWSONVILLE Dawsonville
DECATUR Norcross
DOUGLAS Douglas
DOUGLAS Butler Douglas
DOUGLASVILLE Douglasville
DUBLIN Cadwell McRae
DUBLIN Dublin
DULUTH Duluth
DURHAM, NC Columbus
EAST POINT East Point
EASTMAN Eastman
EASTMAN EASTMAN Eastman
EATONTON Eatonton
EATONTON Eatonton Pembroke Union Point

04-17-95 09-23-80
04-14-81 09-19-83 12-03-84 12-18-79 03-19-91 02-13-84
12-17-81 7-24-79
05-24-89 11-04-94 01-22-92 08-25-94 01-15-85 04-17-90 08-08-96 02-17-84 04-03-87
"

-Lead Bank

- 25 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

BOE BANCSHARES, INC. *The Bank of Edison
MCCONNELL & CO., AND EBERHARDT, INC. JAM FAMILY PRTSHP I, LP, & JAM FAMILY PRTSHP II, LP PINNACLE FINANCIAL CORPORATION *First National Bank in Elberton Tri-County Bank of Royston
MIDDLE GEORGIA CORPORATION *Bank of Ellaville CBA BANKSHARES, INC. *Citizens Bank of Americus
APPALACHIAN BANCSHARES, INC. *Gilmer County Bank
FAIRBANCO HOLDING COMPANY INC EMPLOYEE STOCK OWNERSHIP PLAN FAIRBANCO HOLDING COMPANY, INC. *Fairburn Banking Company
COLONY BANKCORP, INC. Ashburn Bank Broxton State Bank The Bank of Dodge County *The Bank of Fitzgerald Community Bank of Wilcox Bank of Worth
FIRST NATIONAL CORPORATION *First National Bank
COUNTRY BANK COMPANY *Monroe County Bank
CATOOSA BANCSHARES, INC. *Capital Bank
CENTURY SOUTH BANKS, INC. First National Bank of Union County Fannin County Bank, N.A. The First National Bank of Polk County *Bank of Dahlonega Bank of Danielsville First Community Bank of Dawsonville Gwinnett National Bank The Bank of Ellijay Georgia First Bank Peoples Bank, Lavonia, Georgia
LANIER BANKSHARES, INC. *Lanier National Bank
FIRST CITIZENS BANKSHARES, INC *First Citizens Bank
CITIZENS FINANCIAL SERVICES, INC. *Citizens Union Bank

EDISON Edison
ELBERTON ELBERTON ELBERTON Elberton Royston
ELLAVILLE Ellaville AMERICUS Americus
ELLIJAY Ellijay
FAIRBURN FAIRBURN Fairburn
FITZGERALD Ashburn Broxton Eastman Fitzgerald Pitts Sylvester
FOLKSTON Folkston
FORSYTH Forsyth
FORT OGLETHORPE Fort Oglethorpe
GAINESVILLE Blairsville Blue Ridge Copperhill, TN Dahlonega Danielsville Dawsonville Duluth Ellijay Gainesville Lavonia
GAINESVILLE Gainesville
GLENNVILLE Glennville
GREENSBORO Greensboro

03-05-84 12-23-93 12-23-93 04-01-83 05-08-81 05-27-92 07-12-96 11-30-94 06-11-84 04-15-83
07-17-95 02-25-82 12-15-80 04-20-82
04-18-89 12-16-80 06-17-85

'Lead Bank

- 26 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

MERIWETHER BANK SHARES, INC. *The Greenville Banking Company
FNB BANKING COMPANY The First National Bank of Barnesville *First National Bank of Griffin
GF BANCSHARES, INC. *Griffin Federal Savings Bank
THE BANK HOLDING COMPANY *The Bank of Spalding County First Community Bank of Henry County
FIRST DATA CORPORATION FIRST FINANCIAL MANAGEMENT CORPORATION CESI HOLDINGS FD MERCHANT SERVICES CORPORATION *First Financial Bank
CCB BANCSHARES, INC. *Citizens Community Bank
MGEORGIA BANKSHARES, INC. *SunMark Community Bank
CHATUGE BANK SHARES, INC. *Bank of Hiawassee
COASTAL BANKSHARES, INC. *The Coastal Bank
LIBERTY SHARES, INC. *The Hinesville Bank
COMMUNITY TRUST FINANCIAL SERVICES CORPORATION *Community Trust Bank
FIRST HOGANSVILLE BANKSHARES, INC. *The Citizens Bank
EMPIRE BANK CORPORATION, INC. *Empire Banking Company
MCINTOSH BANCSHARES, INC. *Mclntosh State Bank
AT&T CORPORATION AT&T UNIVERSAL CARD SERVICES CORPORATION AT&T UNIVERSAL BANCORP, INC. *Universal Bank, National Association
BARNETI BANKS, INC. FIRST CITY BANCORP, INC. *Barnett Bank of Southwest Georgia
CRESCENT BANKING COMPANY *Crescent Bank and Trust Company
JBC BANCSHARES, INC. *Jasper Banking Company

GREENVILLE Greenville
GRIFFIN Barnesville Griffin
GRIFFIN Griffin
GRIFFIN Griffin McDonough
HACKENSACK, NJ ATLANTA ATLANTA SUNRISE, FL Atlanta
HAHIRA Hahira
HAWKINSVILLE Hawkinsville
HIAWASSEE Hiawassee
HINESVILLE Hinesville
HINESVILLE Hinesville
HIRAM Hiram
HOGANSVILLE Hogansville
HOMERVILLE Homerville
JACKSON Jackson
JACKSONVILLE, FL JACKSONVILLE, FL JACKSONVILLE, FL Columbus
JACKSONVILLE, FL ATLANTA Columbus
JASPER Jasper
JASPER Jasper

07-18-96
01-17-83
12-17-92
08-30-93
10-17-95 05-31-89 06-10-96 12-30-92
12-15-82
03-23-87
08-23-95
07-07-82
10-24-84 02-06-91 09-23-82 11-22-88
04-24-91
11-17-94 11-17-94 11-17-94
11-25-86 12-02-80 04-03-92 .. 07-10-85

*Lead Bank

- 27 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

WAYNE BANCORP, INC. *Wayne National Bank
CCF HOLDING COMPANY *Clayton County Federal Savings and Loan Association
SOUTHERN CRESCENT FINANCIAL CORPORATION *Southern Crescent Bank
FIRST STERLING BANKS, INC. *The Westside Bank & Trust Company The Eastside Bank & Trust Company
LAFAYETIE BANKSHARES, INC. *The Bank of LaFayette, Georgia
FLAG FINANCIAL CORPORATION *First Federal Savings Bank of LaGrange
FMB BANCSHARES, INC. *Farmers and Merchants Bank The United Banking Company
FIRST SECURITY BANKSHARES, INC. Bank of Hartwell *Northeast Georgia Bank
LINCOLN BANCSHARES, INC. *Farmers State Bank
FIRST SOUTHERN BANCSHARES, INC. *First Southern Bank
PERSONS BANKING COMPANY, INC. *The Peoples Bank The Bank of Perry Spivey State Bank
THE QUEENSBOROUGH COMPANY *The First National Bank & Trust Company Ogeechee Valley Bank Bank of Wadley
SOUTH GEORGIA BANKSHARES CORP. *Peoples Bank
COMMUNITY FINANCIAL CORPORATION *Georgia State Bank
BANK CORPORATION OF GEORGIA *First South Bank, N.A. AmeriBank, N.A.
FIRST LIBERTY FINANCIAL CORPORATION *First Liberty Bank
SNB BANCSHARES, INC. *Security National Bank

JESUP Jesup
JONESBORO
Jonesboro
JONESBORO Union City
KENNESAW Kennesaw Snellville
LaFAYETIE LaFayette
LaGRANGE LaGrange
LAKELAND Lakeland Nashville
LAVONIA Hartwell Lavonia
LINCOLNTON Lincolnton
LITHONIA Lithonia
LITHONIA Lithonia Perry Swainsboro
LOUISVILLE Tennille Millen Wadley
LYONS Lyons
MABLETON Mableton
MACON Macon Savannah
MACON Macon
MACON Macon

06-14-90 05-12-95 10-19-89 07-05-94 01-03-84 02-23-94 10-11-84 11-15-83 12-03-84 05-11-95 08-22-80
11-18-85
12-17-80 05-09-88 05-13-80 07-16-85 08-16-94

'Lead Bank

- 28 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

MADISON BANK CORP *Bank of Madison
F AND M HOLDING COMPANY, INC. *F & M Bank and Trust Company
ABS INVESTORS, LLC AMERICAN BANKSHARES, INC. *Riverside Bank
THREE RIVERS BANCSHARES *Bank of Milan
BALDWIN BANCSHARES, INC. *First National Bank of Baldwin County
CENTRAL AND SOUTHERN HOLDING COMPANY The Central and Southern Bank of North Georgia (FSB) *The Central & Southern Bank of Georgia
CENTURY BANCORP, INC. *Century Bank and Trust
EXCHANGE BANKSHARES, INC. *Exchange Bank
THE COLONIAL BANCGROUP, INC. *Colonial Bank
MONTICELLO BANCSHARES, INC. *Bank of Monticello
FMB BANKING CORPORATION *First Merchants Bank
ABC BANCORP First National Bank of South Georgia Cairo Banking Company Central Bank & Trust Merchants and Farmers Bank *American Banking Company Bank of Quitman Bank of Thomas County The Citizens Bank of Tifton
SOUTHWEST GEORGIA FINANCIAL CORPORATION *Southwest Georgia Bank
HEART OF GEORGIA BANCSHARES, INC. *Mount Vernon Bank
THE NASHVILLE HOLDING COMPANY Adel Banking Company *The Citizens Bank
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA PRUCO, INC. *The Prudential Bank and Trust Company The Prudential Savings Bank, FSB

MADISON Madison
MANCHESTER Manchester
MARIETTA MARIETTA Marietta
MILAN Milan
MILLEDGEVILLE Milledgeville
MILLEDGEVILLE Greensboro Milledgeville
MILLEDGEVILLE Milledgeville
MILLEDGEVILLE Milledgeville
MONTGOMERY, AL Lawrenceville
MONTICELLO Monticello
MONTICELLO, FL Thomasville
MOULTRIE Albany Cairo Cordele Donalsonville Moultrie Quitman Thomasville Tifton
MOULTRIE Moultrie
MOUNT VERNON Mount Vernon
NASHVILLE Adel Nashville
NEWARK, NJ NEWARK NJ Atlanta Atlanta

07-10-85 12-14-84 01-11-96 12-22-88 06-23-87 02-14-89 03-06-81
02-22-93 10-05-83 10-12-95 05-01-96 11-25-86 03-23-81
11-18-80 09-08-95 05-16-85
06-27-83 06-27-83 "-

'Lead Bank

- 29 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

"BULLSBORO BANCSHARES, INC. *The Bank of Newnan
NEWNAN HOLDINGS, INC. Citizens Bank and Trust of Fayette County *Newnan Savings Bank, FSB
FIRST CAPITAL BANCORP, INC. *First Capital Bank
FIRST SECURITY CORPORATION *First Security National Bank
IRWIN BANKCORP, INC. *The Bank of Ocilla, Georgia
PATIERSON BANKSHARES, INC. *The Patterson Bank
FIRST COMMUNITY BANKING SERVICES, INC. *Fayette County Bank
PBC BANCSHARES, INC. *Pelham Banking Company
CROSSROADS BANCSHARES, INC. *Crossroads Bank of Georgia
FIRST PEOPLES BANKSHARES, INC. *First Peoples Bank
INDEPENDENT BANCSHARES, INC. *Independent Bank & Trust Company
TATINALL BANCSHARES, INC. *The Tattnall Bank
GEORGIA COMMUNITY BANCORP, INC. Bank of Terrell Commercial State Bank *The Citizens State Bank
BRYAN BANCORP OF GEORGIA, INC. *Bryan Bank & Trust
CIRCUIT CITY STORES, INC. *First North American National Bank
NW SERVICES CORPORATION *Northwest Georgia Bank
TARA BANKSHARES CORPORATION *Tara State Bank
1ST FLOYD BANKSHARES, INC. *1st Floyd Bank
GREATER ROME BANCSHARES, INC. *Greater Rome Bank

NEWNAN Newnan
NEWNAN Fayetteville Newnan
NORCROSS Atlanta
NORCROSS Norcross
OCILLA Ocilla
PATIERSON Patterson
PEACHTREE CITY Peachtree City
PELHAM Pelham
PERRY Perry
PINE MOUNTAIN Pine Mountain
POWDER SPRINGS Powder Springs
REIDSVILLE Reidsville
REYNOLDS Dawson Donalsonville Reynolds
RICHMOND HILL Richmond Hill
RICHMOND, VA Marietta
RINGGOLD Ringgold
RIVERDALE Riverdale
ROME Rome
ROME Rome

08-27-96 05-31-96
06-28-93 09-14-89 09-24-84 01-17-86 06-29-89 10-25-90 06-02-92 07-12-95 07-08-96 03-03-86 10-25-84
08-11-89 07-27-90 12-14-83 07-10-87 12-10-96 03-27-95

-Lead Bank

- 30 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

ROSSVILLE BANKSHARES, INC. *Rossville Bank
COMMUNITY BANK CAPITAL CORPORATION *Bank of North Georgia
NORTH FULTON BANCSHARES, INC. *Milton National Bank
SARDIS BANKSHARES, INC. *Bank of Burke County
THE SAVANNAH BANCORP, INC. *The Savannah Bank, National Association
SB&T CORPORATION *Smyrna Bank & Trust Co.
BUDON GWINNETI FINANCIAL CORPORATION *The Bank of Gwinnett County
GEORGIA CENTRAL BANCSHARES, INC. *Georgia Central Bank
SOPERTON NAVAL STORES, INC. SOPERTON BANCSHARES, INC. *The Bank of Soperton
FIRST NATIONAL BANC, INC. *First National Bank
GOLDEN ISLES FINANCIAL HOLDINGS, INC. *The First Bank of Brunswick
GENERAL ELECTRIC COMPANY GENERAL ELECTRIC CAPITAL SERVICES, INC. GE CAPITAL CORPORATION *Monogram Credit Card Bank of Georgia
EAGLE BANCORP, INC. *Eagle Bank and Trust
FIRST BANKING COMPANY OF SOUTHEAST GEORGIA Metter Banking Company *First Bulloch Bank & Trust Company First National Bank of Effingham
HENRY COUNTY BANCSHARES, INC. *The First State Bank
QUANTUM CAPITAL CORPORATION *Quantum National Bank
SWAINSBORO BANKSHARES, INC. *The Citizens Bank of Swainsboro
SCREVEN BANCSHARES, INC. *Farmers and Merchants Bank
FIRST BANK HOLDING COMPANY *Sylvester Banking Company

ROSSVILLE Rossville
ROSWELL Canton
ROSWELL Roswell
SARDIS Sardis
SAVANNAH Savannah
SMYRNA Smyrna
SNELLVILLE Lawrenceville
SOCIAL CIRCLE Social Circle
SOPERTON SOPERTON Soperton
ST. MARYS St. Marys
ST. SIMONS ISLAND Brunswick
STAMFORD, CT STAMFORD, CT STAMFORD, CT Atlanta
STATESBORO Statesboro
STATESBORO Metter Statesboro Springfield
STOCKBRIDGE Stockbridge
SUWANEE Suwanee
SWAINSBORO Swainsboro
SYLVANIA Sylvania
SYLVESTER Sylvester

08-13-84 12-29-92 08-21-90 11-05-86 07-09-90 10-22-87 07-30-87 09-06-84 07-01-92 08-26-88 07-17-96 05-05-89 06-27-88 06-27-88 06-27-88 03-05-90 02-08-82
03-07-83 12-18-95 05-27-92 10-15-90 08-22-83

'Lead Bank

- 31 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

..,WCG BANCSHARES, INC. *West Central Georgia Bank
THOMASVILLE BANCSHARES, INC. *Thomasville National Bank
ALLIED BANKSHARES, INC. Bank of Morgan County Bank of Millen Bank of Stapleton *Allied Bank of Georgia
TAG BANCSHARES, INC. *Citizens Bank and Trust, Inc.
TRI-STATES BANKSHARES, INC. *Bank of Dade
SUMMERVILLE/TRION BANCSHARES, INC, *First National Bank of Chattooga County ADAIRSVILLE BANCSHARES, INC. *Bank of Adairsville
EAGLE BANCSHARES, INC. *Tucker Federal Bank
GEORGIA BANCSHARES, INC. *Community Bank of Georgia
MERIT HOLDING COMPANY *Mountain National Bank Charter Bank and Trust Co.
DURDEN BANKSHARES, INC. *Durden Banking Company, Inc.
MIDDLE GEORGIA BANKSHARES, INC. *Citizens Bank
ALTAMAHA BANCSHARES, INC. *Altamaha Bank and Trust Company
PAB BANKSHARES, INC. Farmers and Merchants Bank First Federal Savings Bank *The Park Avenue Bank
THE LANGDALE COMPANY LANGDALE INDUSTRIES, INC, LOWNDES BANCSHARES, INC. *Commercial Banking Company
VB&T BANCSHARES CORPORATION *Valdosta Bank and Trust
DBT HOLDING COMPANY *Darby Bank and Trust Company
VIDALIA BANKSHARES, INC. *First Community Bank of Vidalia

THOMASTON Thomaston
THOMASVILLE Thomasville
THOMSON Madison Millen Stapleton Thomson
TRENTON Trenton
TRENTON Trenton
TRION Summerville ADAIRSVILLE Adairsville
TUCKER Tucker
TUCKER Tucker
TUCKER Tucker Marietta
TWIN CITY Twin City
UNADILLA Vienna
UVALDA Uvalda
VALDOSTA Adel Bainbridge Valdosta
VALDOSTA VALDOSTA HAHIRA Hahira
VALDOSTA Valdosta
VIDALIA Vidalia
VIDALIA Vidalia

12-10-82 08-22-95 12-03-84
06-28-91 04-27-82 02-14-86 11-02-87 01-24-86 06-22-95 04-24-91
02-07-96 10-31-83 11-03-80 08-02-82
10-19-95 10-19-95 09-16-85 11-29-90 01-26-90 05-27-92

-Lead Bank

- 32 -

Georgia Department of Banking and Finance

FINANCIAL HOLDING COMPANIES AND THEIR FINANCIAL SUBSIDIARIES

NAME

CITY

APPROVED

DOOLY BANCSHARES, INC. *Bank of Dooly
CB FINANCIAL CORPORATION *Citizens Bank
WASHINGTON/WILKES HOLDING COMPANY *Farmers and Merchants Bank
JONES BANCSHARES, L.P. BLACKSHEAR BANCSHARES, INC. *The Blackshear Bank
WB&T BANKSHARES, INC. *Waycross Bank & Trust
FIRST BURKE BANKING COMPANY *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
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 CORPORATION *First State Bank
WRIGHTSVILLE BANCSHARES, INC. Knight State Bank *Bank of Wrightsville

VIENNA Vienna
WARRENTON Warrenton
WASHINGTON Washington
WAYCROSS BLACKSHEAR Blackshear
WAYCROSS Waycross
WAYNESBORO Waynesboro
WEST POINT West Point
WILLACOOCHEE Willacoochee
WINDER Winder
WINSTON-SALEM, NC Augusta
WOODBURY Woodbury
WOODLAND Woodland
WOODSTOCK Woodstock
WRENS Wrens
WRIGHTSVILLE Dexter Wrightsville

04-03-85 01-09-86 03-20-86 10-29-93 12-18-90 11-22-89 02-26-86 07-13-83 09-18-80 11-17-83 10-28-85 12-08-83 05-02-88 12-20-88 05-14-90 11-03-86

"Lead Bank

- 33 -

Georgia Department of Banking and Finance

Distribution by Asset Size
Over 100 Million 31.7%

lOver 50 Million 33.1 %I

Over 1 Billion 2.2% Under 10 Million 2.0%

Over 10 Million 31.0%
DOver 1 Billion ( 9 Banks) Over 100 Million ( 113 Banks) Over 50 Million ( 118 Banks) Over 10 Million ( 108 Banks) Under 10 Million ( 7 Banks)

The chart above portrays the size distribution of the 355 national and statechartered bonks located in Georgia.
- 34-

Georgia Department of Banking and Finance

- 35 -

12-31-95 384 Banks
83,846 (1,620)
0)
82,219 1,712 227
23,002 136
11,256 118,552
6,964 1,861
143 864 4,275 132,659
16,967 65,714
2,796 269
4,555 470 106
90,877
15,758 7,385 21 4,666
118,707
1,465
149 1,504 5,028 5,124
682 12,487
"-
132,659

Georgia Department of Banking and Finance

COMBINED STATEMENT OF EARNINGS AND EXPENSES OF STATE AND NATIONAL BANKS

IN GEORGIA AS OF DECEMBER 31, 1996

WITH COMPARATIVE STATEMENT AS OF DECEMBER 31, 1995

"

(AMOUNTS IN MILLIONS)

INTEREST INCOME

12-31-96 355 Banks

12-31-95 *384 Banks

Interest and Fees on Loans

8,556

Income from Lease Financing

146

Interest on Balances with Depository Institutions. . . . . . . . . . . . . . 23

Income on Federal Funds Sold and Securities Purchased

under Agreement to Resell

432

Interest and Dividends from Securities

,............... 1,419

Trading Account Interest

,,

, _ _7

TOTAL INTEREST INCOME

,

,............ 10,583

7,514 124 26
619 1,362
9 9,654

INTEREST EXPENSE

Interest on Deposits ", .. '.,.... ... ,... .... , ..... '..... 3,436

Expense on Federal Funds Purchased and

Securities Sold under Agreement to Repurchase

771

Interest on Other Borrowed Money

435

Interest on Mortgages and Leases . . . . . . . . . . . . . . . . . . . . . . . . 2

Interest on Subordinated Notes and Debentures . . . . . . . . . . . . 106

TOTAL INTEREST EXPENSE

,

4,750

3,071
966 459
2 93 4,592

NET INTEREST INCOME ,

,,

5,833

5,063

TOTAL NONINTEREST INCOME

2,552

2,252

OVERHEAD EXPENSE

Salaries and Employee Benefits

1,669

Net Occupancy Expense of Bank Premises and

Equipment Expenses

598

Other Noninterest Expenses

,............ 2,744

TOTAL OVERHEAD EXPENSE

5,011

PROVISIONS FOR LOAN LOSSES

, 1,000

SECURITIES GAINS AND LOSSES

. 24

NET OPERATING INCOME BEFORE TAXES

2,398

APPLICABLE INCOME TAXES

839

NET OPERATING INCOME AFTER TAXES

,

1,559

EXTRAORDINARY INCOME OR EXPENSES, NET

_ _0

NET INCOME

,

1,559

1,154
537 2,395 4,506
434
o
2,374
814
1,560
o
1,561

*Includes one savings bank; does not include trust companies

- 36 -

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

Georgia Department of Banking and Finance

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

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 DeKalb Fulton Fulton Fulton
Fulton
Fulton

Dorsey State Bank Wilcox County State Bank * Bank of Adairsville Adel Banking Company Farmers & 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 * SunTrust Bank, South Georgia, National Association 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 * The Georgia National Bank * SunTrust Bank, Northeast Georgia, National Association AmTrade International Bank of Georgia * The Bankers Bank Capitol City Bank & Trust Company * Citizens Trust Bank * Embry National Bank First Capital Bank First Financial Bank * First Union National Bank of Georgia Monogram Credit Card Bank of Georgia * NationsBank, National Association (South)

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
01-31-1986 10-03-1994
08-17-1921 12-07-1987 12-18-1989 05-07-1993 03-06-1970
06-27-1988
1887

TOTAL ** ASSETS
7,271 30,755 32,532 56,993 42,861 76,045 20,948 44,777 54,971
417,816 192,496
625,802
29,372 47,801 105,250 98,024 101,689 165,708 85,600 77,131 527,962 126,062
81,037 617,110
142,395
395,637 27,422
145,386 78,982 133,502 483,685 12,877,840
5,489,077
46,776,149"

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 37-

CITY
)
Atlanta
Atlanta
Atlanta Atlanta Atlanta Augusta
Augusta Augusta
Bainbridge Bainbridge Barnesville
Barnesville Barwick Baxley Blackshear Blackshear Blairsville
Blairsville Blakely Blakely Blue Ridge Blue Ridge Broxton Brunswick
Brunswick Brunswick Brunswick
Buchanan
Buford Butler Cadwell Cairo Cairo Cairo

Georgia Department of Banking and Finance

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

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

The Prudential Bank and Trust Company * SouthTrust Asset Management Company of Georgia, N.A * SouthTrust Bank of Georgia, N,A * The Summit National Bank * SunTrust Bank, Atlanta
Georgia Bank &Trust Company of
Augusta * SunTrust Bank, Augusta, N.A * Wachovia Bank of Georgia,
National Association * Bainbridge National Bank
The First Port City 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 United Community Bank Bank of Early First State Bank of Blakely * Fannin County Bank, N.A Peoples Bank of Fannin County Broxton State Bank * Barnett Bank of Southeast Georgia, N.A The Coastal Bank of Georgia The First Bank of Brunswick * SunTrust Bank, Southeast Georgia, National Association * The First National Bank of Haralson County
Peoples Bank & Trust
Southland Bank Farmers State Bank Cairo Banking Company Citizens Bank * First National Bank of Grady County

09-04-1945
05-01-1992
04-25-1985 03-10-1988
1891 08-28-1989
1871 1865
04-01-1991 10-07-1974 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 09-01-1966
1889
06-01-1950 07-02-1990
1894
03-04-1909
12-13-1984 09-04-1926 08-23-1972 11-23-1903 01-01-1904 06-19-1918

TOTAL ** ASSETS
1, 191,245
2,219
5,586,198 152,079
15,015,063 214,450
483,200 18,918,575
75,541 61,608 79,396
79,898 7,272
39,826 38,874 84,874 51,332
326,041 49,727 80,613 67,635 116,735 22,904 192,093
153,835 96,214 455,036
114,081
143,755 59,300 66,084 75,953 24,894 101,634

* Member of the Federal ReseNe System

** Amounts are in Thousands as of 12/31/96

- 38-

GeorgIa Department of Banking and Finance

STATE AND NATIONAL BANKS

CITY

COUNTY

NAME OF BANK

BEGIN BUSINESS

Calhoun

Gordon

Calhoun Camilla Camilla Canton Canton Canton Carnesville Carrollton

Gordon Mitchell Mitchell Cherokee Cherokee Cherokee Franklin Carroll

Carrollton

Carroll

Cartersville Cartersville Cedartown

Bartow Bartow Polk

Chatsworth Chatsworth

Murray Murray

Chickamauga Walker

Clarkesville Habersham

Claxton

Evans

Claxton

Evans

Clayton

Rabun

Clayton

Rabun

Cleveland

White

Cochran

Bleckley

Cochran

Bleckley

Colquitt

Miller

Columbus

Muscogee

Columbus Columbus

Muscogee Muscogee

Columbus Columbus Columbus

Muscogee Muscogee Muscogee

Columbus

Muscogee

Comer

Madison

Commerce Jackson

* 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
* West Georgia National Bank of Carrollton Bartow County Bank First Community Bank & Trust
* 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 First Clayton Bank & Trust Rabun County Bank White County 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 Regions Bank of Georgia
* SouthTrust Bank of Columbus, N.A. * SunTrust Bank, West Georgia,
National Association * Universal Bank, National
Association Merchants and Farmers Bank of Comer, Georgia Community Bank & Trust - Jackson

01-12-1905
02-15-1988 1890
05-24-1913 1892
01-29-1927 10-22-1990 08-01-1960 07-01-1947
09-16-1946
03-28-1974 10-23-1989 01-01-1920
01-24-1906 08-18-1975
05-10-1910 05-01-1904 02-24-1941 09-03-1940 03-05-1990 10-10-1975 10-29-1976 07-01-1942 01-05-1922 10-19-1973 12-01-1934
05-28-1993 1889
07-29-1991 11-20-1989
1892
03-26-1990
10-10-1935
1892

TOTAL ** ASSETS
178,205
130,699 55,490 67,186 303,121 375,318 58,276 69,192 227,765
176,337
114,220 79,221 130,778
123,705 68,966
47,450 251,854
76,510 46,290 58,081 71,338 89,319 49,136 73,163 43,933 286,739
112,812 1,853,542
113,705 173,503 478,765
45,230
47,741 "
65,231

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 39-

Georgia Department of Banking and Finance

CITY

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

Commerce Jackson

Cordele Cordele Cordele

Crisp Crisp Crisp

Cornelia

Habersham

Covington Covington Crawford Cumming Cuthbert

Newton Newton Oglethorpe Forsyth Randolph

Dahlonega Dahlonega Dalton Dalton Dalton Dalton Danielsville Darien Dawson Dawson Dawsonville Dawsonville

Lumpkin Lumpkin Whitfield Whitfield Whitfield Whitfield Madison Mcintosh Terrell Terrell Dawson Dawson

Decatur Dexter Donalsonville Donalsonville Doraville Douglas Douglas

DeKalb Laurens Seminole Seminole DeKalb Coffee Coffee

Douglasville Douglasville Dublin Dublin Dudley Duluth Duluth East Point Eastman

Douglas Douglas Laurens Laurens Laurens Gwinnett Gwinnett Fulton Dodge

* The First National Bank of Commerce
Central Bank &Trust
Cordele Banking Company First State Bank and Trust Company in Cordele
Community Bank &Trust -
Habersham * First Newton Bank
Main Street Bank The Commercial Bank
Lanier Bank &Trust Company
First State Bank of Randolph County Bank of Dahlonega Lumpkin County Bank
Dalton/Whitfield Bank &Trust
First Bank of Dalton
Hardwick Bank &Trust Company
* Premier National Bank Bank of Danielsville Southeastern Bank Bank of Dawson Bank of Terrell Dawson County Bank First Community Bank of Dawsonville Bank Atlanta Knight State Bank Commercial State Bank Merchants and Farmers Bank Global Commerce Bank Coffee County Bank
* First National Bank of Coffee County
Citizens & Merchants State Bank
Douglas County Bank Farmers and Merchants Bank The Morris State Bank Bank of Dudley Citizens Bank of Gwinnett * Gwinnett National Bank First Bank of Georgia Bank of Dodge County

01-01-1904
06-30-1993 06-15-1927 01-03-1939
1900
08-28-1963 04-10-1901 09-05-1924 10-08-1986 01-02-1959
05-27-1914 12-14-1982 04-30-1990 01-08-1996 02-20-1922 11-25-1996 01-15-1908
1889 07-01-1911 05-01-1936 07-13-1953 04-22-1991
12-15-1987 02-01-1967 12-16-1938 09-24-1925 08-18-1995 07-01-1931 09-23-1991
10-06-1987 06-24-1974 07-06-1910 10-02-1958 11-01-1905 04-16-1984 06-01-1989 03-25-1988 09-26-1966

TOTAL ** ASSETS
112,682
63,657 99,716 95,137
188,622
154,051 363,368
46,489 70,227 38,280
122,286 39,431 138,062 36,902 267,865
9,669 58,068 263,195 73,233 75,563 77,107 54,036
46,544 36,480 44,587 44,485 30,001 70,869 49,250
72,237 66,298 245,646 85,427 61,601 157,269 49,739 120,797 44,374

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 40-

Georgia Department of Banking and Finance

CIN

COUNN

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

Eastman Eastman Eatonton Eatonton Edison Elberton Ellaville Ellijay Ellijay Fairburn Fayetteville

Dodge Dodge Putnam Putnam Calhoun Elbert Schley Gilmer Gilmer Fulton Fayette

Fitzgerald Fitzgerald

Ben Hill Ben Hill

Folkston

Charlton

Forsyth

Monroe

Forsyth

Monroe

Fort OglethorpE Catoosa

Fort Valley

Peach

Gainesville Hall

Gainesville

Hall

Gainesville Hall

Gainesville Hall

Gibson

Glascock

Glennville

Tattnall

Glennville

Tattnall

Gray Greenville Griffin Griffin Griffin Haddock Hahira Hartwell Hawkinsville Hawkinsville Hazlehurst Hiawassee Hiawassee Hinesville Hinesville Hiram

Jones Meriwether Spalding Spalding Spalding Jones Lowndes Hart Pulaski Pulaski Jeff Davis Towns Towns Liberty Liberty Paulding

Bank of Eastman Citizens Bank & Trust Company Farmers & Merchants Bank The Peoples Bank The Bank of Edison * First National Bank in Elberton Bank of Ellaville The Bank of Ellijay Gilmer County Bank Fairburn Banking Company Citizens Bank and Trust of Fayette County The Bank of Fitzgerald Community Banking Company of Fitzgerald * First National Bank The Farmers Bank Monroe County Bank Capital Bank The Citizens Bank Georgia First Bank Gainesville Bank & Trust * Lanier National Bank Regions Bank Bank of Gibson First Citizens Bank The Glennville Bank and Trust Company Bank of Gray The Greenville Banking Company The Bank of Spalding County * First National Bank of Griffin United Bank of Griffin Jones County Bank Citizens Community Bank Bank of Hartwell Planters Bank Farmers & Merchants Bank Bank of Hazlehurst Bank of Hiawassee Towns County Bank The Coastal Bank The Hinesville Bank Community Trust Bank

01-02-1919 04-01-1949 11-15-1922 05-01-1944
1904 03-12-1934 09-16-1910 06-01-1914 03-03-1995
1902 08-06-1990
04-15-1976 04-19-1996
04-01-1996 1910
10-15-1908 08-07-1964 01-01-1907 03-25-1985 02-01-1988 08-01-1989 06-01-1987 11-27-1905 01-04-1943 01-18-1905
08-28-1909 1891
12-05-1986 05-12-1933 08-01-1927 07-25-1905 02-21-1927 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

TOTAL ** ASSETS
81,022 78,256 86,997 71,067 36,645 140,884 53,698 94,944 93,130 86,475 86,796
95,444 53,642
9,357 41,360 35,620 81,985 68,519 143,501 132,005 83,843 3,359,547
8,643 55,644 74,834
96,212 19,487 61,350 169,953 116,934 4,071 51,909 65,867 59,062 51,543 49,072 109,825 58,131 75,459 136,40&83,690

* Member of the Federal ReseNe System

** Amounts are in Thousands as of 12/31/96

- 41 -

Georgia Department of Banking and Finance

STATE AND NATIONAL BANKS

CITY

COUNTY

NAME OF BANK

BEGIN BUSINESS

Hogansville Homerville Irwinton Jackson Jasper

Troup Clinch Wilkinson Butts Pickens

Jasper Jeffersonville Jesup Kennesaw

Pickens Twiggs Wayne Cobb

Kingsland LaFayette LaGrange

Camden Walker Troup

LaGrange Lakeland Lavonia Lavonia Lawrenceville Lawrenceville Lawrenceville Leary Lenox Lincolnton Lithonia Lithonia Loganville Lumber City Lumpkin Lyons Mableton Macon

Troup Lanier Franklin Franklin Gwinnett Gwinnett Gwinnett Calhoun Cook Lincoln DeKalb DeKalb Walton Telfair Stewart Toombs Cobb Bibb

Macon Macon Macon

Bibb Bibb Bibb

Madison Madison Manchester Marietta Marietta

Morgan Morgan Meriwether Cobb Cobb

The Citizens Bank Empire Banking Company Wilkinson County Bank Mcintosh State Bank Crescent Bank and Trust Company Jasper Banking Company Peoples State Bank * Wayne National Bank
The Westside Bank & Trust
Company Citizens State Bank The Bank of LaFayette, Georgia
Commercial Bank &Trust
Company of Troup County Community Bank and Trust - Troup Farmers and Merchants Bank Northeast Georgia Bank Peoples Bank, Lavonia, Georgia The Bank of Gwinnett County * The Brand Banking Company Colonial Bank Jordan Banking Company Bank of Lenox Farmers State Bank First Southern Bank The Peoples Bank Bank of Loganville Bank of Lumber City Farmers State Bank Peoples Bank Georgia State Bank
First Macon Bank & Trust
Company * First South Bank, N. A. * Security National Bank * SunTrust Bank, Middle Georgia,
National Association Bank of Madison Bank of Morgan County
F & M Bank and Trust Company
Charter Bank and Trust Co. First Alliance Bank

12-11-1961 06-01-1945 07-16-1907 09-18-1964 08-14-1989
03-12-1945 12-10-1969 09-26-1990 05-14-1990
10-27-1971 1899
09-15-1941
12-15-1984 1907
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 07-02-1945 12-01-1911 06-01-1935 04-28-1986 07-15-1988
10-30-1992 11-03-1988 09-12-1912
1890 1898 02-21-1948 02-02-1989 07-29-1985

TOTAL ** ASSETS
30,429 60,587 26,827 131,240 71,770
128,027 15,742 42,840 80,147
15,167 119,496 153,590
32,156 134,702 82,105 43,982 186,567 222,520 485,856
10,519 22,452 49,474 51,797 52,044 48,763 14,336 30,185 38,634 83,168 152,606
171,309 134,023 637,285
69,123 38,161 31,990 118,400 183,920

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 42-

Georgia Department of Banking and Finance

CITY

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

Marietta

Cobb

Marietta

Cobb

McDonough Henry

McRae McRae Metter Metter Milan Milledgeville

Telfair Telfair Candler Candler Telfair Baldwin

Milledgeville Milledgeville Milledgeville

Baldwin Baldwin Baldwin

Millen Millen Molena Monroe

Jenkins Jenkins Pike Walton

Monroe

Walton

Monticello

Jasper

Moultrie

Colquitt

Moultrie

Colquitt

Mount Vernon Montgomery

Nashville

Berrien

Nashville

Berrien

Newington Screven

Newnan

Coweta

Newnan

Coweta

Norcross

Gwinnett

Norcross

Gwinnett

Ocilla

Irwin

Ocilla

Irwin

Omega

Tift

Patterson

Pierce

Peachtree City Fayette

Peachtree City Fayette

Pearson

Atkinson

Pelham

Mitchell

Pembroke

Bryan

Perry

Houston

Perry

Houston

* First North American National Bank Riverside 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 and Southern Bank of Georgia Century Bank and Trust Exchange 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 Monticello American Banking Company
* Southwest Georgia Bank Mount Vernon Bank The Citizens Bank The United Banking Company Bank of Newington Bank of Coweta The Bank of Newnan
* Fidelity National 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

11-19-1990
04-17-1987 08-04-1984
03-28-1929 08-23-1972 08-26-1935 10-15-1962 10-01-1906
1884
1898 06-01-1903 07-03-1989
1893 01-07-1974
1899 1891
08-15-1988 02-10-1964 10-01-1971 01-03-1928 01-24-1901 03-01-1943 07-15-1924 08-14-1919 10-06-1972 11-23-1987 02-12-1974 06-25-1985 10-01-1956 06-01-1943 01-02-1968 06-19-1907 11-03-1989 09-11-1986 05-12-1945 12-08-1936 02-11-1938
1889 09-14-1987

TOTAL ** ASSETS
306,070
100,593 57,217
45,752 29,283 96,216 29,035 28,391 159,818
118,155 104,191 54,992
40,976 26,273 20,653 130,471
35,245 46,453 120,754 209,427 29,756 72,137 57,974 27,194 179,696 85,271 606,190 57,822 37,779 40,660 116,794 49,716 108,489 128,716 18,182 41,615 63,895 51,021 " 69,901

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 43-

Georgia Department of Banking and Finance

CIN

COUNN

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

Pine Mountain Harris

Pineview

Wilcox

Pitts

Wilcox

Powder Springs Cobb

Quitman Quitman

Brooks Brooks

Reidsville Reynolds Richmond Hill Ringgold Riverdale Rochelle Rockmart Rome Rome Rome Rome
I~ome

Tattnall Taylor Bryan Catoosa Clayton Wilcox Polk Floyd Floyd Floyd Floyd Floyd

Rossville Roswell Royston Sandersville

Walker Fulton Franklin Washington

Sandersville Sardis Savannah Savannah Savannah

Washington Burke Chatham Chatham Chatham

Savannah

Chatham

Senoia

Coweta

Smyrna Snellville

Cobb Gwinnett

Social Circle Soperton Sparta Sparta Springfield

Walton Treutlen Hancock Hancock Effingham

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 Northwest Georgia Bank Tara State Bank Rochelle State Bank United Bank & Trust Company 1st Floyd Bank * AmSouth Bank of Georgia Citizens First Bank Greater Rome Bank * SunTrust Bank, Northwest Georgia, National Association Rossville Bank * Milton National Bank Tri-County Bank of Royston Citizens Bank of Washington County The Geo. D. Warthen Bank Bank of Burke County * AmeriBank, N.A. The Carver State Bank * The Savannah Bank, National Association * SunTrust Bank, Savannah, National Association 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

07-09-1990 09-20-1910 06-01-1906 01-11-1990
1888 08-25-1934
1900 09-08-1922 12-27-1989 08-01-1904 03-17-1984 08-01-1947 01-16-1990 06-15-1967 02-01-1993 01-01-1911 02-26-1996
1977
12-13-1963 01-18-1992 09-01-1941 05-03-1965
03-18-1957 07-02-1945 04-30-1985 06-04-1947 08-22-1990
1889
1889
12-23-1985 01-22-1990
03-08-1924 1903
09-05-1904 06-01-1967 12-07-1989

TOTAL ** ASSETS
42,584 17,056 24,336 82,699
42,298 41,435
44,966 27,184 59,877 235,717 55,255 15,978 38,963 40,726 324,765 201,707 26,194 377,916
87,574 110,177 95,675 92,778
78,108 33,567 117,207 18,549 137,449
522,410
32,309
145,570 56,535
48,448 38,051 56,130 12,374 57,772

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 44-

Georgia Department of Banking and Finance

CITY

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

St Simons Islane Glynn

St. Marys

Camden

Stapleton

Jefferson

Statesboro

Bulloch

Statesboro

Bulloch

Statesboro

Bulloch

Statesboro Stockbridge SummeNilie SummeNilie

Bulloch Henry Chattooga Chattooga

Suwanee Swainsboro Swainsboro Sylvania Sylvester Sylvester Talbotton Tennille

Gwinnett Emanuel Emanuel Screven Worth Worth Talbot Washington

Thomaston Thomaston Thomasville Thomasville Thomasville Thomasville Thomson Thomson Tifton Tifton Toccoa Toccoa Trenton Tucker Tucker Twin City

Upson Upson Thomas Thomas Thomas Thomas McDuffie McDuffie Tift Tift Stephens Stephens Dade DeKalb DeKalb Emanuel

Union City Union Point Uvalda

Fulton Greene Montgomery

Valdosta

Lowndes

Frederica Bank & Trust * First National Bank
Bank of Stapleton Eagle Bank and Trust Farmers & Merchants Bank First Bulloch Bank & Trust Company Sea Island Bank The First State Bank Farmers & Merchants Bank * First National Bank of Chattooga County * Quantum National Bank The Citizens Bank of Swainsboro Spivey State Bank Farmers and Merchants Bank Bank of Worth Sylvester Banking Company The Peoples Bank of Talbotton * The First National Bank & Trust Company Bank of Upson West Central Georgia Bank Bank of Thomas County Commercial Bank First Merchants Bank * Thomasville National Bank Allied Bank of Georgia McDuffie Bank & Trust The Citizens Bank of Tifton First Community Bank of Tifton The Bank of Toccoa Liberty Bank & Trust Bank of Dade Community Bank of Georgia * 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

12-12-1988 07-10-1989
1916 02-20-1991 02-17-1948 04-14-1934
1901 10-08-1964 02-06-1926 05-22-1968
12-27-1995 1900
03-01-1965 03-01-1946 06-22-1981
1898 1891 01-01-1902
10-01-1951 04-15-1974 11-20-1911 07-22-1916 01-20-1967 10-02-1995
1891 01-09-1989 04-15-1948 02-24-1937 09-01-1911 07-23-1984 01-12-1956 08-05-1991 08-02-1988 07-05-1935
10-31-1988 09-06-1911 05-16-1966
03-01-1906

TOTAL ** ASSETS
62,792 48,064 15,164 60,730 58,567 231,843
179,485 264,325 153,124
32,171
20,760 45,974 79,770 72,575 44,840 45,138 13,816 135,080
110,142 58,654 37,364 250,256 25,700 43,554 470,182 38,027 77,743 116,964 106,759 21,432 48,935 58,314 122,640 44,255
140,517 56,230 65,212
159,407.-

* Member of the Federal ReseNe System

** Amounts are in Thousands as of 12/31/96

- 45-

Georgia Department of Banking and Finance

CITY

COUNTY

STATE AND NATIONAL BANKS NAME OF BANK

BEGIN BUSINESS

Valdosta

Lowndes

Valdosta

Lowndes

Vidalia

Toombs

Vidalia

Toombs

Vienna

Dooly

Vienna

Dooly

Wadley

Jefferson

Warner Robins Houston

Warrenton

Warren

Washington Wilkes

Watkinsville Oconee

Watkinsville Oconee

Waycross

Ware

Waynesboro Burke

West Point

Troup

Willacoochee Atkinson

Winder

Barrow

Woodbury

Meriwether

Woodland

Talbot

Woodstock Cherokee

Wrens

Jefferson

Wrightsville Johnson

Zebulon

Pike

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 Wadley 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 The Peoples Bank The Woodbury Banking Company Talbot State Bank * First National Bank of Cherokee First State Bank Bank of Wrightsville United Bank of Pike

06-28-1971 08-06-1990 07-01-1934 10-14-1965 07-30-1976 07-01-1931 01-01-1902 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 10-30-1926 09-29-1902 11-25-1907 11-27-1989 07-06-1964
1897 01-31-1905

TOTAL ** ASSETS
176,389 64,510 80,982 50,137 42,911 99,239 24,885 168,542 29,294 146,718 48,752 108,464 70,229 66,329 141,098 26,171 145,316 17,177 26,722 75,042 52,730 46,704 90,488

* Member of the Federal Reserve System

** Amounts are in Thousands as of 12/31/96

- 46-

STATE-CHARTERED BANKS IN LIQUIDATION

NAME OF BANK

LOCATION

The Citizens Bank, Dallas, Georgia

Dallas

Unpaid Claims due FDIC Estimated Value of Remaining Assets

DATE CLOSED DEPOSITORY

1-10-92

NA

$15,459,170.37 $ 1,818,640.62

- 47-

Georgia Department of Banking and Finance

NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

Montgomery County Bank Ailey, Montgomery County
First State Bank & Trust Company Albany, Dougherty County
Security Bank and Trust Company of Albany Albany, Dougherty County
SunTrust Bank, South Georgia, N.A Albany, Dougherty County
The First National Bank of Alma Alma, Bacon County
First Colony Bank Alpharetta, Fulton County
Citizens Bank of Americus Americus, Sumter County
Ashburn Bank Ashburn, Turner County
Athens First Bank & Trust Company Athens, Clarke County
First American Bank and Trust Company Athens, Clarke County
Georgia National Bank Athens, Clarke County
SunTrust Bank, Northeast Georgia, N.A. Athens, Clarke County
Citizens Trust Bank Atlanta, Fulton County
Embry National Bank Atlanta, DeKalb County
First Capital Bank Atlanta, Fulton County
First Security National Bank Atlanta, Fulton County

Toombs* Clay, Decatur, Lee, Randolph Miller, Lee*

Coffee, Lee, Mitchell, Thomas, Tift Worth
Appling*

Terrell,

Forsyth*

Webster

Lee*

Franklin, Hart Jackson, Oconee, Walton
Oconee*

Barrow*

Fannin, Forsyth, Habersham, Hall, Morgan, White
DeKalb

Fulton, Gwinnett

Gwinnett

Gwinnett

* Denotes de novo branch bank approved

- 48 -

Georgia Department of Banking and Finance

As of 12-31-96
NAME &LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

First Union National Bank of Georgia Atlanta, Fulton County
NationsBank of Georgia, N.A Atlanta, Fulton County
SouthTrust Bank of Georgia, N.A Atlanta, Fulton County
Summit National Bank Atlanta, DeKalb County
SunTrust Bank, Atlanta Atlanta, Fulton County
SunTrust Bank, Augusta, N.A Augusta, Richmond County
Wachovia Bank of Georgia, N,A Augusta, Richmond County
The Blackshear Bank Blackshear, Pierce County

Bibb, Bleckley, Burke, Chatham,

Chattahoochee,

Cherokee,

Clayton, Cobb, Columbia, Coweta,

DeKalb, Dougherty, Douglas,

Fayette, Floyd, Gwinnett, Harris,

Henry, Liberty, Lowndes, Muscogee,

Richmond, Rockdale, Spalding,

Whitfield

Bartow, Barrow, Ben Hill, Bibb, Butts, Coffee, Carroll, Chatham, Clarke, Clayton, Cobb, Colquitt, Coweta, DeKalb, Dougherty, Douglas, Effingham, Fayette, Floyd, Forsyth, Gwinnett Hall, Hart, Henry, Houston, Jasper, Laurens, Lowndes, Monroe, Oconee, Richmond, Rockdale, Spalding, Thomas, Tift Troup, Upson, Ware, Washington, Whitfield

Ben Hill, Bartow, Carroll, Catoosa, Cherokee*, Clayton, Cobb, Coffee, DeKalb, Douglas, Fayette, Forsyth*, Gwinnett Haralson, Henry, Houston, Jackson, Laurens, Lowndes, Murray, Richmond, Rockdale, Telfair, Walker, Washington

Cobb, Gwinnett*

Cayman Islands, Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette*, Gwinnett, Henry, Rockdale
McDuffie

Bartow, Bibb, Bulloch, Chatham, Cherokee, Clayton, Clarke, Cobb, Colquitt, DeKalb, Fayette, Forsyth, Fulton, Gordon, Gwinnett, Hall, Henry, Houston, Lumpkin, Macon, Sumter, Walton, Wayne, Whitfield
Ware *

* Denotes de novo branch bank approved

- 49-

Georgia Department of Banking and Finance

As of 12-31-96
NAME & LOCATION " OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

Peoples Bank Blackshear, Pierce County
United Community Bank Blairsville, Union County
Barnett Bank of Southeast Georgia, N.A. Brunswick, Glynn County
The Coastal Bank of Georgia Brunswick, Glynn County
SunTrust Bank, Southeast Georgia, N.A. Brunswick, Glynn County
Citizens State Bank Butler, Taylor County
First National Bank of Northwest Georgia Calhoun, Gordon County
Cairo Banking Company Cairo, Grady County
Etowah Bank Canton, Cherokee County
First Bank and Trust Carnesville, Franklin County
Citizens Bank and Trust of West Georgia Carrollton, Carroll County
Cohutta Banking Company Chatsworth, Murray County
Habersham Bank Clarksville, Habersham County
Peoples Community Bank Colquitt Miller County
Barnett Bank of Southwest Georgia Columbus, Muscogee County

Ware Lumpkin*, Habersham* Camden, Wayne Camden Appling, Ware, Wayne Crawford Bartow Thomas Cobb, Douglas*, Fulton, Paulding Hart* Haralson Walker White* Dougherty* Grady, Lowndes, Meriwether, Thomas

Columbus Bank and Trust Company Columbus, Muscogee County

Chattahoochee, Macon, Marion, Meriwether

* Denotes de novo branch bank approved

- 50-

Georgia Department of Banking and Finance

As of 12-31-96
NAME &LOCATION
OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

SunTrust Bank, West Georgia, N.A. Columbus, Muscogee County
The First National Bank of Commerce Commerce, Jackson County
Community Bank & Trust - Habersham Cornelia, Habersham County
First Newton Bank Covington, Newton County
Main Street Bank Covington, Newton County
Southeastern Bank Darien, Mcintosh County
Fidelity National Bank Decatur, DeKalb County
First National Bank in Elberton Elberton, Elbert County
Regions Bank Gainesville, Hall County
First Citizens Bank Glennville, Tattnall County
First National Bank of Griffin Griffin, Spalding County
Citizens Community Bank Hahira, Lowndes County
Sun Mark Community Bank Hawkinsville, Pulaski County
The Coastal Bank Hinesville, Liberty County
Bank of Banks County Homer, Banks County

Troup
Oglethorpe, Gwinnett*
Hall*, White*
Rockdale*
Gwinnett*
Brantley, Camden, Charlton, Coffee, Jeff Davis Fulton, Cobb
Hart*
Banks, Barrow, Carroll, Cherokee, DeKalb, Douglas, Elbert Floyd, Forsyth, Fulton, Gilmer, Gwinnett Habersham, Heard, Jackson, Paulding, Pickens, Rabun, Rockdale, Stephens, White Liberty*
Henry*
Brooks
Houston*
Chatham, Long
Jackson

* Denotes de novo branch bank approved

- 51 -

Georgia Department of Banking and Finance

As of 12-31-96
NAME & LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

Empire Banking Company Homerville, Clinch County
Mcintosh State Bank Jackson, Butts County
Northeast Georgia Bank Lavonia, Franklin County
Colonial Bank Lawrenceville, Gwinnett County
The Peoples Bank Lithonia, DeKalb County
Georgia State Bank Mableton, Cobb County
First South Bank, NA Macon, Bibb County
SunTrust Bank, Middle Georgia, N.A. Macon, Bibb County
Southwest Georgia Bank Moultrie, Colquitt County
Bank of Coweta Newnan, Coweta County
The First State Bank of Ocilla Ocilla, Irwin County
Peachtree National Bank Peachtree City, Fayette County
Independent Bank & Trust Company Powder Springs, Cobb
AmSouth Bank of Georgia Rome, Floyd County

Ware * Jasper* Elbert* Cobb, Fulton, Muscogee Rockdale* Paulding* Coweta*, Johnson, Jones, Macon, Peach* Houston Baker Meriwether Ben Hill* Clayton Paulding* Catoosa, Chattahoochee, Gordon, Walker

SunTrust Bank, Northwest Georgia, N.A. Rome, Floyd County
Bank of Burke County Sardis, Burke County

Carroll, Polk Richmond*

* Denotes de novo branch bank approved

- 52 -

Georgia Department of Banking and Finance

As of 12-31-96
NAME &LOCATION OF PARENT BANK

BRANCH BANKS BRANCH BANK COUNTIES

First National Bank St. Marys, Camden County
AmeriBank, National Association Savannah, Chatham County
The First National Bank & Trust Company Tennille, Washington County
Allied Bank of Georgia Thomson, McDuffie County
Communiy Bank of Georgia Tucker, DeKalb County
Mountain National Bank Tucker, DeKalb County
Southern Crescent Bank Union City, Fulton County
Altamaha Bank and Trust Company Uvalda, Montgomery County
Darby Bank and Trust Company Vidalia, Toombs County
Farmers and Merchants Bank Washington, Wilkes County
First National Bank of Cherokee Woodstock, Cherokee County
United Bank of Pike Zebulon, Pike County

Charlton

Effingham

Bulloch*, Burke, Jefferson, Screven*

Burke, Columbia, Richmond Wilkes
Gwinnett*

Jefferson,

Gwinnett

Clayton, Henry*

Jeff Davis*

Chatham*

Lincoln*, Taliaferro

Cobb

Spalding*

* Denotes de novo branch bank approved

- 53 -

Georgia Department of Banking and Finance

INTERNATIONAL BANK AGENCIES

As of 12-31-96 "NAME AND ADDRESS

AGENT, TELEPHONE FOREIGN LOCATION DATE PERMIT ISSUED

ABN AMRO Bank N. V. Suite 1200 One Ravinia Drive Atlanta, Georgia 30346-2103

Amsterdam, The Netherlands

W. Patrick Fischer Senior Vice President 770-396-0066 June 24, 1977

The Bank of Nova Scotia Suite 2700 600 Peachtree Street NE Atlanta, GA 30308

Toronto, Ontario, Canada

William J. Brown Vice President 404-877- 1500 May 27, 1977

The Bank of Tokyo-Mitsubishi, Ltd Georgia-Pacific Center, Suite 4970 133 Peachtree Street NE Atlanta, GA 30309-1808

Tokyo, Japan

Kunio Suzuki General Manager 404-577-2960 April 1, 1996

Canadian Imperial Bank of Commerce
Suite 1200 2727 Paces Ferry Road Atlanta, Georgia 30339-3151

Toronto, Ontario, Canada

William J. Maron Managing Director 770-319-4999 April 05, 1978

Commerzbank Aktiengesellschaft Promenade Two Suite 3500 1230 Peachtree Street NE Atlanta, Georgia 30309-3200

Frankfurt West Germany

Andreas Bremer Sr. Vice President 404-888-6500 October 31, 1978

Credit Lyonnais Suite 4400 303 Peachtree Street NE Atlanta, Georgia 30308

Paris, France

David M. Cawrse Vice President 404-524-3700 November 06, 1980

The Dai-Ichi Kangyo Bank, Limited Suite 2400 285 Peachtree Center Ave., NE Atlanta, Georgia 30303-1229

Tokyo, Japan

Takao Mochizuki General Manager 404-581-0200 December 01, 1987

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

Frankfurt, Germany

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

GEORGIA ASSETS 726,579
3,857,179
780,929
*
953,704

~
~
~
CP
~
~
~ Fo
0 ~
~
t

> 148,426 ~

580,395

CP
~

C)

* Fo

CP

~

Agencies with no assets shown operate as Representative Offices only
- 54 -

Georgia Department of Banking and Finance

INTERNATIONAL BANK AGENCIES

NAME AND ADDRESS

AGENT, TELEPHONE FOREIGN LOCATION DATE PERMIT ISSUED

GEORGIA ASSETS

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

Tokyo, Japan

Dexter Henry General Manager 404-653-2100 December 09, 1987

945,696

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

Tokyo, Japan

Kazuo lido General Manager 404-524-8770 September 25, 1990

768,827

Kredietbank, N.v.

Brussels, Belgium Michael Sawichi

*

Two Midtown Plaza, Ste 1750

Senior Representative

1349 West Peachtree Street

404-876-2556

Atlanta, Georgia 30309

March 20, 1980

National Bank of Canada

Montreal, Quebec, Vernon B. Woods

*

Suite 800

Canada

Vice President

200 Galleria Parkway, NW

404-980-0588

Atlanta, Georgia 30339-5945

April 10, 1985

The Sakura Bank, Limited Marquis One Tower Suite 2703 245 Peachtree Center Ave" NE Atlanta, Georgia 30303-1222

Tokyo, Japan

Tetsuhide Kokido General Manager 404-521-3 111 October 05, 1990

739,838

The Sanwa Bank, Limited Georgia Pacific Center, Ste 4750 133 Peachtree Street NE Atlanta, Georgia 30303-1821

Tokyo, Japan

Mitsuo Ueyama

286

Deputy General Manager

404-586-6880

November 14, 1984

The Sumitomo Bank, Limited Suite 3210 133 Peachtree Street Atlanta, Georgia 30303-3403

Osaka, Japan

Masaki Shinbo General Manager 404-526-8500 March 04, 1987

566,176

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

Nagoya, Japan

Eiichi Fujihira General Manager 404-880-0000 October 10, 1989

399,341

TOTAL ASSETS

10.467.376

* Agencies with no assets shown operate as Representative Offices only
- 55 -

Georgia Department of Banking and Finance

INTERNATIONAL BANK FACILITIES

.. NAME AND ADDRESS

AGENT, TELEPHONE, DATE PERMIT ISSUED

AmTrade International Bank of Georgia The Candler Building Suite 1500 Atlanta, Georgia 30303

Heberto Espinosa President/CEO 404-330-7270 March 19, 1993

Nations Bank of Georgia, N.A. International Division 600 Peachtree Street, NE Atlanta, Georgia 30308

Anthony Lafevre Vice President 404-607-3750 December 22, 1981

SunTrust Bank, Atlanta International Division 1 Park Place, NE Atlanta, Georgia 30302
Wachovia Bank of Georgia, N.A. International Division 191 Peachtree Street, NE Atlanta, Georgia 30302

Thomas Donaldson Vice President 404-588-7649 February 2, 1982
Richard Allen Vice President 404-332-6115 January 26, 1982

- 56 -

Georgia Department of Banking and Finance

International Representative Offices

Parent

Corporation Doing Business in Georgia

Creditanstalt-Bankverein Austria

Creditanstalt Atlanta Atlanta

The Industrial Bank of Japan, Limited The Industrial Bank of Japan Trust Co

Japan

Atlanta

The Long-Term Credit Bank of Japan, Ltd
Japan

The Long-Term Credit Bank of Japan, Ltd.
Atlanta

Cooperative Centrale RaiffeisenBoerenleenbank B.A. The Netherlands

Rabobank Nederland Atlanta

Societe Generale France

Societe Generale Atlanta

The Sumitomo Bank, Limited Japan

The Sumitomo Bank, Limited Atlanta

The Yasuda Trust & Banking
Company Limited Japan

The Yasuda Trust & Banking
Company Limited Atlanta

- 57 -

Georgia Department of Banking and Finance

Parent

Out-of-State Representative Offices Corporation Doing Business in Georgia

AmSouth Bank of Alabama Birmingham, AL

AmSouth Bank of Alabama Atlanta

The Bank of New York Company, Inc. New York, NY

BNY Business Center, Inc. Atlanta

BankAmerica Corporation San Francisco, CA

Security Pacific Finance Credit Corp. Columbus, Decatur, Gainesville, Macon Marietta, Morrow, Norcross, Rome, Savannah, Stone Mountain, Waycross

Bank One, Dayton, NA Dayton,OH

Bank One, Dayton Forest Park, Gainesville, Marietta, Norcross, Roswell,

Bank United of Texas, FSB Houston, TX

Commonwealth United Mortgage Atlanta

Barnett Banks, Inc. Jacksonville, FL

Barnett Bank of Southwest Georgia Macon Loan America Financial Corporation Atlanta

Beal Acceptance Corporation Dallas, TX

Beal Acceptance Corporation Suwanee

Beneficial Corporation Peapack, NJ

Beneficial Mortgage Co. Of Georgia Albany, Athens, Augusta, College Park, Columbus, Conyers, Decatur, Kennesaw, Macon, Morrow, Norcross, Riverdale, Rome, Roswell, Savannah, Smyrna, Stone Mountain, Tucker, Valdosta

Capital Guardian Trust Company Los Angeles, CA

Capital Guardian Trust Company Atlanta

Cardinal Bankshares Lexington, KY

VST Financial Services Atlanta

Central Carolina Bank & Trust Co. Durham, NC

Central Carolina Bank & Trust Co. Alpharetta

- 58-

Georgia Department of Banking and Finance

Parent

Out-of-State Representative Offices Corporation Doing Business in Georgia

Chemical Banking Corporation New York, NY

Chemical Financial Services Corporation Atlanta, Lilburn, Macon, Savannah Chemical Residential Mortgage Corporation Atlanta

Citicorp North America, Inc. New York, NY

Citicorp North America, Inc. Atlanta Citicorp Diners Club Inc. Atlanta Citicorp Mortgage, Inc. Atlanta Citicorp Bankers Leasing Corporation Atlanta Citicorp Securities, Inc. Atlanta Citicorp Services, Inc. Atlanta Citicorp Investment Services Atlanta Citicorp Leasing, Inc. Atlanta

Collateral Mortgage, Ltd. Birmingham, AL

Collateral Mortgage, Ltd. Atlanta, Columbus, Duluth, Marietta, Savannah,

Crescent Bank & Trust New Orleans, LA

Crescent Bank & Trust Atlanta

Financial Federal Savings Bank Memphis, TN

Financial Federal Savings Bank Atlanta

The First National Bank of Boston Boston, MA

The First National Bank of Boston Atlanta BancBoston Financial Company Atlanta

Flagstar Bank, FSB Bloomfield Hills, MI

Flagstar Bank, FSB Atlanta

Fleet National Bank of Connecticut Hartford, CT

Fleet Capital Corporation Atlanta

- 59-

Georgia Department of Banking and Finance

Parent

Out-of-State Representative Offices Corporation Doing Business in Georgia

Great Western Financial Corporation Chatsworth, CA

Great Western Mortgage Corporation Atlanta, Duluth, Marietta, Roswell Blazer Financial Services, Inc. Albany, Athens, Augusta, Columbus, Forest Park, Griffin, Kennesaw, LaGrange, Macon, Marietta, Rome, Savannah, Stone Mountain, Waycross

Gulf Coast Bank &Trust Company New Orleans, LA

Gulf Coast Bank & Trust Company Atlanta, Morrow

HSBC Holdings, PLC New York, NY

HSBC Securities, Inc. Atlanta

J.C. Bradford Trust Company Nashville, TN

J.C. Bradford &Co. Athens, Atlanta, Columbus, Dalton, Macon, Moultrie, Savannah

J.C. Penny Company, Inc. Dallas, TX

J.C. Penny Company, Inc. - South Region Atlanta

LTCB Trust Company New York, NY

LTCB Trust Company Atlanta

LaSalle National Bank Chicago,IL

LaSalle National Bank Atlanta

MBNA Corporation Newark, DE

NBNA Consumer Services, Inc. Atlanta

Mellon Bank Corporation Pittsburgh, PA

AFCO Credit Corporation Atlanta Dreyfus Service Corporation Atlanta Mellon Financial Services Corporation #1 Atlanta, Marietta

Merrill Lynch & Company New York, NY

Merrill Lynch Credit Corporation Atlanta Merrill Lynch, Pierce, Fenner & Smith, Inc. Albany, Athens, Atlanta, Augusta, Brunswick, Columbus, Cumming, Gainesville, Macon, Marietta, Peachtree City, Savannah, Statesboro, Valdosta

- 60-

Georgia Department of Banking and Finance

Parent

Out-of-State Representative Offices Corporation Doing Business in Georgia

Merrill Lynch Group, Inc. New York, NY

Merrill Lynch Trust Company of North Carolina Atlanta

NationsBank Corporation Charlotte, NC

NationsBank Community Development Corporation Atlanta

Oceanmark Bank, FSB North Miami, FL

Oceanmark Bank, FSB Atlanta

Palmetto Federal Savings Bank of South Carolina Aiken, SC

Palmetto Federal Mortgage Center Martinez

Pioneer Bancshares, Inc. Chattanooga, TN

Pioneer Bank Dalton

Republic Bank St. Petersburg, FL

Capital Mortgage Atlanta

Smith Barney Private Trust Company of Florida West Palm Beach, FL

Smith Barney Private Trust Company of Florida Albany, Athens, Atlanta, Augusta, Columbus, LaGrange, Macon, Savannah, Valdosta

SouthTrust Bank of Alabama, N.A. Birmingham, AL

SouthTrust Bank of Alabama, N.A. Atlanta, Augusta, Marietta SouthTrust Data Services Atlanta

Standard Federal Bank Troy, MI

InterFirst Marietta

State Street Bank and Trust Company Boston, MA

State Street Bank and Trust Company Atlanta

SunTrust Bank, Chattanooga, N.A. Chattanooga, TN

SunTrust of Chattanooga Mortgage Corporation Dalton, Fort Oglethorpe

The Home Bank Ducktown, TN

The Home Bank Blue Ridge

The Provident Bank Cincinnati, OH

The Provident Bank, Inc. Alpharetta

Zions First National Bank Salt Lake City, UT

Zions Small Business Finance Atlanta

- 61 -

Georgia Department of Banking and Finance

In-State Representative Offices

Parent

Doing Business in Georgia

Cohutta Banking Company Chatsworth

Cohutta Banking Company Dalton

Columbus Bank & Trust Company Columbus

Columbus Bank & Trust Company SBA Lending Stone Mountain

Cordele Banking Company Cordele

Cordele Banking Company Fitzgerald

Crescent Banking Company Jasper

Crescent Mortgage Atlanta Crescent Bank and Trust Company Cartersville

Darby Bank and Trust Co. Vidalia

Darby Bank and Trust Co. Savannah

First Bank and Trust Carnesville

First Bank and Trust Hartwell

First Colony Bank Alpharetta

Action Finance Forsyth

Allied Bank of Georgia Thomson

Knox Mortgage Company Martinez

Lanier Bank & Trust Company Cumming

Lanier Bank & Trust Company Woodstock

The First State Bank of Ocilla Ocilla

The First State Bank of Ocilla Fitzgerald

The Peoples Bank Lithonia

The Peoples Bank Conyers

United Community Banks, Inc. Blairsville

Union County Bank Dahlonega

- 62 -

Georgia Department of Banking and Finance

Assets, Share Depos;ts anel Loans

5.000.000

....000.000

3.000.000

2.000.000

1.000.000-

O'-a.::;......._...,..;.........,..:;....._,.;;,..._..,.;..J'

99 in 1993

94;nI995

107 ;n 1992 99 ;n 1994

88 m 1996

o Assefs
II Total Loans

II Shares & Deposits

h.coltlle anel Operating Expenses

300,000 250,000 200,000 150,000 100,000 -
50,000
O-t.::~~:::::.z~~:=:~:=::::::::..:.::=::

1992

1994

1996

III

Gross ]ncorne 0.Pera-fing Expenses

- 63-

Georgia Department of Banking and Finance 'Does not include the one credit union in liquidation. - 64 -

Georgia Department of Banking and Finance

COMPARATIVE STATEMENT OF EARNINGS AND EXPENSE OF STATE-CHARTERED

CREDIT UNIONS IN GEORGIA

FOR CALENDAR YEARS ENDING DECEMBER 31, 1996 AND DECEMBER 31, 1995

(AMOUNTS IN THOUSANDS)

OPERATING INCOME

12-31-96

12-31-95

88C.U:s* 91 C.U:s*

Interest on Loans Income from Investments (Excluding
Gain or Loss on Trading Securities) Income (Loss) from Trading Securities Other Operating Income

146,753
105,808 0
22.653

137,169
94,025 3
21,150

Total Gross Income

275,214

252,347

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

38,838 23,315
1,952 3,220 4,058 5,607
0 5,428 82,418

35,262 21,054
1,326 2,944 3,827 5,183
0 5,398 74,994

Income (Loss) from Operations

192,796

177,353

Gain (Loss) on Investments Gain (Loss) on Disposition of Assets Other Non-Operating Income (Expenses) Income (Loss) Before Costs of Funds

(73) 2
(224) 192,501

308 13 67
177,741

Interest on Borrowed Money Dividends on Shares Interest on Deposits

899 114,187 29,839

78 108,228 26,013

Net Income (Loss) after Cost of Funds Net Reserve Transfer Net Income (Loss) After Net Reserve Transfers Additional Transfers to Reserve Accounts

47,576 5,555
42,021 1,925

43,422 4,236
39,186 1,887

Adjusted Net Income (Loss)

40,096

37,299

*Does not include the one credit union in liquidation. - 65 -

CITY "
Albany Alpharetta 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 Augusta Augusta Augusta Bainbridge Baldwin Columbus Columbus Coosa Cordele

Georgia Department of Banking and Finance STATE-CHARTERED CREDIT UNIONS

COUNTY
Dougherty Fulton Clarke Clarke Clarke DeKalb Fulton Fulton Fulton Fulton Fulton Fulton DeKalb Fulton DeKalb Fulton Fulton Fulton Fulton Fulton Fulton Fulton Fulton DeKalb Fulton DeKalb Fulton Fulton Fulton Fulton Richmond Richmond Richmond Decatur Banks Muscogee Muscogee Floyd Crisp

NAME OF CREDIT UNION
Albany Federal Employees Credit Union H M B 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 CONSTAR Credit Union Delta Employees Credit Union Federal Employees Credit Union, (The) GPC Credit Association GTA Credit Union Georgia DOT Credit Union Georgia Department of Public Safety Credit Union Georgia State Dept. of Education Credit Union,(The) Georgia Telco Credit Union Hospital Authority Credit Union Human 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 Thrift (The) Health Center Credit Union King Mill Savings & Credit Association Richmond Co.Health Dept. Employees Cr. Union Three Rivers Credit Union Fieldale Credit Union Swift Credit Union Tom's Credit Association Rome Kraft Employees Credit Union Harris Employees Credit Union

TOTAL ASSETS**
10,255 9,043
473 456 8,462 66,791 20,168 449 844,689 13,768 1,499 1,042,333 354,696 20,068 6,173 21,590 4,161 7,231 579,927 14,602 12,962 2,514 5,850 34,617 44,969
24,909 65,536
4,000 15,900 18,560 7,390
403 4,337 6,703 2,442 8,028 9,682
903

** Amounts are in Thousands - Reports as of December 31, 1996 - 66-

Georgia Department of Banking and Finance STATE-CHARTERED CREDIT UNIONS

CITY

COUNTY

Cornelia Cornelia Decatur Douglas Dry Branch Duluth East Point East Point Ellenwood Ft. McPherson Garden City Glynco Gordon Hapeville Hazlehurst Helen LaFayette Macon Macon Macon Macon Macon Macon Macon Marietta Marietta Marietta Mcintyre Milledgeville Milledgeville Montezuma Nashville Norcross Riverdale Rome Rome Savannah Savannah Savannah

Habersham Habersham DeKalb Coffee Twiggs Fulton Fulton Fulton Clayton Fulton Chatham Glynn Wilkinson Fulton Jeff Davis White Walker Bibb Bibb Bibb Bibb Bibb Bibb Bibb Cobb Cobb Cobb Wilkinson Baldwin Baldwin Macon Berrien Gwinnett Clayton Floyd Floyd Chatham Chatham Chatham

NAME OF CREDIT UNION
Ethicon Credit Union Statco Credit Union Decatur Postal Employees Credit Union Coffee General Hospital Employees Cr. Union Dry Branch Credit Union Georgia Central Credit Union East Point Municipal Employees Credit Union Fulton Teachers Credit Union American Heritage Credit Union Ft. McPherson Credit Union G. P. A. Credit Union, (The) Glynn County Federal Employees Credit Union White Gold Credit Union Hapeville Auto Employees Credit Union Jeff Davis Credit Union Orbit Savings & Credit Association Roper Corporation Employees Credit Union City Employees' Credit Union Macon Firemen's Credit Union Macon Police Credit Union Macon Water Works Credit Union Medical Center of Central Ga. Credit Union RIG Employees Credit Union Smith and Sons Employees Credit Union C-MAR Credit Union Chevron Southern Credit Union Promina Northwest Credit Union Engelhard Employees' Credit Union Central State Hospital Credit Union Oconee Credit Union Southern Frozen Foods Employees Credit Union Nashville Credit Union Genuine Parts Credit Union Tara 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

** Amounts are in Thousands - Reports as of December 31, 1996 - 67-

TOTAL ASSETS**
5,381 1,808 7,923
840 2,691 479,064
966 24,716 15,014 14,239 5,470 10,431
1,626 12,444 6,811
450 1,016 2,774 2,048
718 364 8,881 6,416 544 27,199 2,554 11 ,813 653 8,662 1,768 403 7,108 4,461 22,979 1,220 35,365 2,876 7,250
"-
299

Georgia Department of Banking and Finance STATE-CHARTERED CREDIT UNIONS

CITY

COUNTY

Savannah Savannah St Simons Island Statesboro Thomasville Thomasville Toccoa Toccoa Valdosta Valdosta Warner Robins

Chatham Chatham Glynn Bulloch Thomas Thomas Stephens Stephens Lowndes Lowndes Houston

NAME OF CREDIT UNION
Savannah Postal Credit Union Workmen's Circle Credit Union Sea Island Employees Credit Union CORE 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

TOTAL ASSETS**
10,194 7,782 14,300 14,392 1,487 14,417 10,365 5,610 27,682 4,209 3,728

** Amounts are in Thousands - Reports as of December 31, 1996 - 68-

Georgia Department of Banking and Finance
STATE-CHARTERED CREDIT UNIONS IN LIQUIDATION

NAME OF CREDIT UNION

LOCATION

Reliance Credit Union

Atlanta

Unpaid Claims

Estimated Value of Remaining Assets

DATE CLOSED RECEIVER

10-16-1992

GCUDIC $292,137.15 $292,137.15

- 69-

Georgia Department of Banking and Finance

1996 MORTGAGE DIVISION SUMMARY OF ACTIVITIES
At the beginning of 1996 there were 29 applications still in process of review. During the year 442 new applications were received plus 31 applications for reinstatement of withdrawn, revoked or expired licenses for a total of 502 applications. Of that total, 437 were approved 19 were denied, and 7 applications were withdrawn, leaving 39 applications in process of review at the end of 1996.
As of December 31, 1995, there were 1,396 licensees/registrants, New licenses or registrations during 1996 totaled 404, with the remainder of the approvals being reinstatements, Also a net amount of 145 licenses expired, were withdrawn, or revoked leaving a total of 1,688 licensees and registrants as of December 31, 1996. In addition, there were 27 licensees who transfE?rred between brokers, lenders and registrants.
GEOGRAPHIC DISTRIBUTION OF LICENSEES/REGISTRANTS

TYPE
BROKER LENDER REGISTRANT
TOTAL PERCENTAGE

NORTH GEORGIA
756 152 23 931 55%

SOUTH GEORGIA
204 30 3 237 14%

OUTSIDE GEORGIA
110 335 75 520 31%

TOTAL
1,070 517 101 1,688

% 63% 31% 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 1996 the Division received 15,887 industry-related calls, 4,983 of which were consumer inquiries and 632 of which were oral consumer complaints. Of the volume of verbal complaints received, approximately 50% followed up the complaint in writing. During 1996, the Division received 372 written complaints with 34 complaints outstanding at the end of the year.
The Division levied fines on 111 licensees/registrants for failure to submit the written 1995 Annual Report by the due date of April 1, 1996. These fines had to be paid before a renewal license could be issued. Mortgage Division examiners conducted 346 examinations and 9 visitations of licensees.
In 1996, there were 18 Cease and Desist Orders to both licensed and unlicensed persons or companies issued, Also, ten Apparent Criminal Irregularity Reports were sent to local District Attorneys' offices.
A complete list of mortgage licensees and registrants is available from the Department.

- 70 -

Georgia Department of Banking and Finance

SALE OF CHECKS OR MONEY ORDER CORPORATIONS

NAME OF LICENSEE

u.S. LOCATION

NO. OF GEORGIA AGENTS

American Express Travel Related Services Company, Inc.

New York, NY

1,617

Certified Express

Smyrna, GA

51

Circle K Money Order Corporation

Phoenix, AZ

118

Citicorp & Citicorp Service, Inc.

Chicago,IL

324

Com data Network, Inc.

Brentwood, TN

332

Eagle Express Money Orders

Savannah, GA

44

Fidelity Express Money Order Company

Sulphur Springs, TX

64

Francheque S.A.

Princeton, NJ

4

Global Express Money Orders, Inc.

Silver Spring, MD

330

Integrated Payment Systems, Inc.

Englewood, CO

564

Interpayment Services Limited

New York, NY

128

Mid-America Money Order Company

Louisville, KY

24

National Bonded Money Order

Alexandria, LA

41

North American Money Order Company, Inc. Atlanta, GA

609

Ruesch International, Inc.

New York, NY

Societe Francoise du Cheque de Voyage

New York, NY

19

Thomas Cook Australia

Princeton, NJ

3

Thomas Cook Currency Services, Inc.

Atlanta, GA

4

Thomas Cook, Inc.

Minneapolis, MN

26

Thomas Cook Travelers Cheques, Ltd.

Princeton, NJ

4

Travelers Express Company, Inc.

Minneapolis, MN

1,321

Travellers Cheque Associates, Ltd,

New York, NY

24

U.S. Express Money Order

Stone Mountain, GA

110

Western Union Financial Services, Inc.

Upper Saddle River, NJ

651

NOTE: All State and National Banks, Federal Savings and Loan Associations, Federal Savings Banks, and 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 Regulator.

- 71 -

Georgia Department of Banking and Finance

APPLICATIONS FOR NEW FINANCIAL INSTlnJTION

FINANCIAL INSTlnJTION

Georgia Guard Credit Union

1731 Commerce Drive, Suite 120

Atlanta

30318 Fulton County

CAPITALIZATION

APPROVAL DATE
Pending

Peoples Bank of West Georgia

516 Bankhead Highway

Carrollton

30117 Carroll County

$ 6,000,000

10-11-96

The Citizens Bank of Forsyth County

501 Tri-County Plaza

Cumming

30130 Forsyth County

$ 6,500,000

06-05-96

First Bank of Dalton

118 North Hamilton Street

Dalton

30720 Whitfield County

$ 7,296,320

02-03-95

Decatur First Bank

1120 Commerce Drive

Decatur

30030 DeKalb County

$ 8,000,000

11-22-96

Community Banking Company of Fitzgerald

103 W. Roanoke Drive

Fitzgerald

31750 Ben Hill County

$ 6,640,970

01-19-96

First Georgia Community Bank

150 Covington Street

Jackson

30233 Butts County

$ 6,000,000

10-11-96

Gwinnett Banking Company 165 Nash Street Lawrenceville 30246 Gwinnett County

$ 6,000,000

Pending

Rivoli Bank & Trust

5980 Zebulon Road

Macon

31210 Bibb County

$ 7,000,000

09-17-96

Gateway Bank & Trust

5102 Alabama Highway

Ringgold

30736 Catoosa County

$ 6,000,000

12-11-95

Greater Rome Bank

1490 Martha Berry Boulevard

Rome

30165 Floyd County

$ 7,000,000

01-13-95

Royal Card Bank

1580 Warsaw Road

Roswell

30076 Fulton County

$ 20,000,000

Withdrawn 10-10-96

Home Town Bank of Villa

435 West Bankhead Highway

Villa Rica

30180 Carroll County

$ 5,000,000

Pending

APPLICATIONS FOR NEW SALE OF CHECK LICENSE

APPLICANT NAME National Bonded Money Orders, Inc. Alexandria, LA 71306

APPROVAL DATE
09-26-96

- 72 -

BEGIN BUSINESS
DATE
01-08-96 04-19-96
02-26-96
BEGIN BUSINESS
DATE 10-21-96

Georgia Department of Banking and Finance

FINANCIAL INSTITUTION CONVERSIONS

PREVIOUS NAME First Federal Savings of Bainbridge Bainbridge

CONVERTED TO First Community Bank of Southwest Georgia

APPROVAL DATE
Pending

The Enterprise National Bank of Atlanta Dunwoody

Enterprise Bank of Al1anta

02-01-96

Fairburn Banking Company Fairburn

Fairburn Banking Company (FSB)

N/A

The Southern Federal Credit Union Fayetteville

The Southern Credit Union

Withdrawn 12-23-96

The Gordon Bank Gordon

The Gordon Bank (FSB)

04-29-96

Citizens Union Bank Greensboro

Citizens Union Bank (FSB)

N/A

Central & Southern Bank of Greensboro

The Central & Southern Bank of North

N/A

Greensboro

Georgia (FSB)

Citizens Bank and Trust Inc. Trenton

Citizens Bank and Trust Inc. (FSB) FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR) MERGED INSTITUTION

Nations Bank of Georgia, N.A.

Bank South

Al1a nta

Al1anta

N/A
APPROVAL DATE N/A

Peachtree Federal Credit Union

The Bottlers Credit Union

N/A

Al1a nta

Al1a nta

Wachovia Bank of Georgia, N.A.

Southern Heritage Savings Bank

N/A

Al1a nta

Athens

SouthTrust Bank of Georgia, N.A.

The Northside Bank & Trust Company

N/A

Al1anta

Roswell

Phoenix Federal Credit Union Al1anta

Employees Savings & Credit Association

N/A

Morrow

The Federal Employees Credit Union Al1anta

R&C Employees Federal Credit Union Al1anta

01-04-96

First City Bancorp, Inc. Al1anta

ANB Bankshares, Inc. Brunswick

05-28-96

Regions Financial Corporation Birmingham

Regions Merger SUbsidiary Gainesville

04-24-96

The Citizens State Bank Butler

Crawford County Bank Roberta

09-06-96

The Bank of Covington Covington

Main Street Savings Bank, F.S.B. Winder

11-15-96

Regions Bank Dunwoody

Bank of Banks County Homer

06-13-96

- 73 -

EFFECTIVE DATE
02-01-96 12-31-96
04-29-96 07-19-96 04-01-96 02-01-96 EFFECTIVE
DATE 02-01-96 02-28-96 04-26-96 04-15-96 07-26-96 12-01-95 06-10-96 04-24-96 10-15-96 12-11-96 "06-13-96

Georgia Department of Banking and Finance

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR) MERGED INSTITUTION

Regions Bank

Bank of Clayton

Dunwoody

Clayton

APPROVAL DATE
06-06-96

Regions Bank Dunwoody

The Bank of Heard County Franklin

08-22-96

Regions Bank Dunwoody

Bank of Villa Rica Villa Rica

06-20-96

Regions Bank Dunwoody

Barrow Bank & Trust Company Winder

06--13-96

Regions Bank Dunwoody

Citizens Bank Ball Ground

05-23-96

Regions Bank Dunwoody

First National Bank of Gilmer County Ellijay

04-25-96

Regions Bank Dunwoody

First National Bank of Habersham Cornelia

06-06-96

Regions Bank Dunwoody

First National Bank of White County Cleveland

06-06-96

Regions Bank Dunwoody

Granite City Bank Elberton

06-13-96

Regions Bank Dunwoody

Pickens County Bank Jasper

04-25-96

Regions Bank Dunwoody

The Citizens Bank Toccoa

06--06--96

Regions Bank Dunwoody

The Commercial Bank Douglasville

06-27-96

Regions Bank Dunwoody

The Community Bank of Carrollton Carrollton

06--20-96

Regions Bank Dunwoody

The First National Bank of Gainesville Gainesville

05-09-96

Regions Bank Dunwoody

The First National Bank of Jackson County
Jefferson

06-13-96

Regions Bank Dunwoody

The First National Bank of Paulding County Dallas

06-20-96

Regions Bank Dunwoody

The Peoples Bank of Forsyth County Cumming

05-23-96

Regions Bank Dunwoody

First Gwinnett Bank Norcross

08-15-96

Regions Bank Dunwoody

Metro Bank At1anta

04-18-96

EFFECTIVE DATE
06-06-96 08-22-96 06-20-96 06-13-96 05-23-96 04-25-96 06-06-96 06-06-96 06-13-96 04-25-96 06-06-96 06-27-96 06-20-96 05-09-96 06-13-96
06-20-96 05-23-96 08-15-96 04-18-96

- 74 -

Georgia Department of Banking and Finance

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR) MERGED INSTITUTION

Regions Bank

Regions Bank of Rome

Dunwoody

Rome

APPROVAL DATE
04-18-96

Regions Bank Gainesville

Rockdale Community Bank Conyers

08-15-96

Regions Bank Gainesville

First Federal Bank of Northwest Georgia, F.S.B. 12-06-96 Cedartown

Regions Bank Gainesville

Regions Bank, F.S.B. Dalton

12-06-96

Colonial Bank Lawrenceville

Colonial Bank (FSB) Dunwoody

12-19-96

Bank Corporation of Georgia Macon

Americorp, Inc. Savannah

02-13-96

Bibb Teachers Federal Credit Union

Macon Oil Processors Credit Union

N/A

Macon

Macon

First Liberty Bank Macon

Middle Georgia Bank Byron

09-23-96

First South Bank of Middle Georgia, N.A.
Macon

First South Bank, N.A. Fort Valley

06-28-96

First South Bank of Middle Georgia, N.A.
Macon

First South Bank of Coweta County, N.A. Newnan

06-28-96

AmeriBank, N.A. Savannah

Effingham Bank & Trust Rincon

08-12-96

Flowers Employees Credit League Thomasville

AFBC Employees Federal Credit Union Atlanta

02-12-96

Allied Bank of Georgia Thomson

Bank of Stapleton Stapleton

Pending

United Bank of Pike Zebulon

United Bank of Griffin Griffin

12-24-96

United Bank of Pike Zebulon

United Bank Barnesville

12-24-96

EFFECTIVE DATE
04-18-96 08-15-96 12-08-96 12-08-96 12-31-96 03-26-96 03-31-96 11-15-96 06-30-96
06-30-96
10-01-96 02-15-96

- 75 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Branch Banks Montgomery County Bank AILEY

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Vidalia East Side Branch

1705 East First Street

Vidalia

30474

06-14-96 Toombs County

Security Bank and Trust Company of Albany
ALBANY

Lee County Branch

269 Cedric Street

Leesburg

31763

06-26-96 Lee County

First Colony Bank ALPHA RETIA

Forsyth County Branch

06-25-96

871 Buford Highway Suite #101

Cumming

30131 Forsyth, County

Ashburn Bank ASHBURN

Lee County Branch

1553 U.S. Highway 19 South

Leesburg

31763 Lee County

08-14-96

First American Bank and Trust Company ATHENS

Watkinsville Branch

05-13-96

1011 Stonebridge Pkwy Suite 104

Watkinsville

30677 Oconee County

SunTrust Bank, Atlanta ATLANTA

East Peachtree City Branch

09-23-96

130 Peachtree East Shopping Center

Peachtree City 30269 Fayette County

The Blackshear Bank BLACKSHEAR

Ware County Branch

528 Memorial Drive

Waycross

31501

05-20-96 Ware County

United Community Bank BLAIRSVILLE

Lumpkin County Branch

104 Memorial Drive

Dahlonega

30533

05-06-96 Lumpkin County

United Community Bank BLAIRSVILLE

Habersham Branch

09-03-96

145 North Main Street

d/b/a First Bank of Habersham ([rade Name)

Cornelia

30535 Habersham County

Etowah Bank CANTON

Douglasville Branch

6607 Church Street

Douglasville

30134

11-18-96 Douglas County

First Bank and Trust CARNESVILLE

Hartwell Branch

107 East Franklin Street

Hartwell

30643

06-24-96 Hart County

Peoples Community Bank COLQUITI

Sumter County Branch

102 North Prince Street

Americus

31709

Disapproved 10-23-96
Sumter County

Peoples Community Bank COLQUITI

Dougherty County Branch

10-23-96

701 Westover Road

Albany

31701 Dougherty County

BEGIN BUSINESS
DATE
07-08-96 09-23-96 07-01-96 11-07-96
07-01-96 09-28-96 12-18-96

- 76 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Branch Banks Community Bank & Trust - Habersham CORNELIA

APPROVAL BANK OFFICE. BRANCH. OR FACILITY DATE

Small Business Center Branch

340 Jesse Jewell Parkway

Gainesville

30531 Hall County

05-09-96

Community Bank & Trust - Habersham CORNELIA

Ingle's Supermarket Branch

55 Helen Highway

Cleveland

30528 White County

04-29-96

Habersham Bank CORNELIA

Cleveland Branch

575 South Main Street

Cleveland

30528 White County

05-13-96

First Newton Bank COVINGTON

West Avenue Branch

05-20-96

1143 West Avenue

Conyers

30207 Rockdale County

Main Street Bank COVINGTON

Gwinnett Branch

11-15-96

4644 Highway 78

Loganville

30249 Gwinnett County

First Bank of Georgia EAST POINT

Henry County Branch

Eagles Landing Parkway next to Publix

Stockbridge

30281 Henry County

Pending

First Citizens Bank GLENNVILLE

Liberty County Branch

08-19-96

119 East General Screven Way

Hinesville

31313 Liberty County

The Pulaski Banking Company HAWKINSVILLE
Empire Banking Company HOMERVILLE

Houston Lake Road Branch

06-07-96

250 South Houston Lake Road

Warner Robin 31088 Houston County

Waycross Branch

2110 Memorial Drive

Waycross

31501 Ware County

04-29-96

Mcintosh State Bank JACKSON
Northeast Georgia Bank LAVONIA

Monticello Branch

06-20-96

208 East Green Street

Monticello

31064 Jasper County

Elberton Branch

916 Elbert Street Extension

Elberton

30635 Elbert County

12-03-96

The Peoples Bank LITHONIA

Conyers Branch

07-05-96

1793 GA Highway 138 South

Conyers

30208 Rockdale County

Georgia State Bank MABLETON

Paulding Banking Center Branch

05-14-96

2175 Atlanta Highway

Hiram

30141 Paulding County

BEGIN BUSINESS
DATE 07-10-96 07-29-96
07-01-96 12-11-96
12-04-96
07-17-96 08-16-96

- 77 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Branch Banks The First State Bank of Ocilla OCILLA

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Fitzgerald Branch

615 South Grant Street

Fitzgerald

31750

05-03-96 Ben Hill County

Independent Bank & Trust Company POWDER SPRINGS

Hiram Branch

05- 17-96

4812 Hiram Acworth Highway

Hiram

30141 Paulding County

Bank of Burke County SARDIS

Hephzibah Branch

2455 Highway 88

Hephzibah

30815

04-29-96 Richmond County

DeKalb State Bank TUCKER

Lilburn Branch

4794 Highway 29

Lilburn

30247

06-24-96 Gwinnett County

Southern Crescent Bank UNION CITY

McDonough Branch 285 Jonesboro Road McDonough 30253 Henry County

06-24-96

Altamaha Bank and Trust Company UVALDA

Hazlehurst Branch

10-11-96

401 North Tallahassee St.

Hazlehurst

31539 Jeff Davis County

Darby Bank and Trust Company VIDALIA

Savannah Mall Blvd Branch

05-17-96

602 Mall Boulevard

Savannah

31406 Chatham County

Farmers and Merchants Bank WASHINGTON

Lincolnton Branch

08-28-96

325 Washington Road

Lincolnton

30817 Lincoln County

Talbot State Bank WOODLAND

Peachtree City Branch

Pending

313 Dividend Drive

Peachtree City 30269 Fayette County

United Bank of Pike ZEBULON

Ingles Branch

06-14-96

1735 Zebulon Road

Griffin

30223 Spalding County

Bank Offices First State Bank & Trust Company ALBANY
First State Bank & Trust Company ALBANY
First State Bank & Trust Company ALBANY

Automated Loan Machine at Wal-Mart Withdrawn

2707 Dawson Rd.

06-17-96

Albany

31701 Dougherty County

Pine Avenue Office

05-0396

241 Pine Avenue

Albany

31707 Dougherty County

Kingsland Office

07-21-95

1395 Highway 40 East

Kingsland

31548 Camden County

BEGIN BUSINESS
DATE 07-01-96 10-22-96 11-18-96 10-01-96
09-09-96
07-29-96
08-09-96 08-07-96

- 78 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices First State Bank & Trust Company ALBANY

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

North Westover Office

05-03-96

701 N. Westover Boulevard

_

Albany

31701 Dougherty County

First American Bank and Trust Company
ATHENS

Georgia Square Office

11-27-95

3810 Atlanta Highway

Bogart

30622 Oconee County

Associated Credit Union ATLANTA

Northmeadow Office

1325 Northmeadow Parkway

Suite 124

Roswell

30076 Fulton County

02-23-96

Capitol City Bank & Trust Company ATLANTA

Airport Office

Atlanta International Airport

Atlanta

30310 Fulton County

05-28-96

Pinnacle Credit Union ATLANTA

Cascade Road Office

3695 Cascade Road Suite T

Atlanta

30331 Fulton County

11-20-96

SunTrust Bank, Atlanta ATLANTA

Fayette Pavillion Office

Pending

108 Pavillion Parkway

Fayetteville

30214 Fayette County

SunTrust Bank, Atlanta ATLANTA

Peachtree City Office

11-21-96

113 Joel Cowan Highway

Peachtree City 30269 Fayette County

SunTrust Bank, Atlanta ATLANTA

Abbotts Village Office

11585 Jones Bridge Road

Alpharetta

30202 Fulton County

Pending

SunTrust Bank, Atlanta ATLANTA

Ansley Mall Office

1544 Piedmont Road

Atlanta

30324 Fulton County

Pending

SunTrust Bank, Atlanta ATLANTA

Rockdale Square Office

Pending

1910 Georgia Highway 20, S.

Conyers

30208 Rockdale County

SunTrust Bank, Atlanta ATLANTA

Mount Zion Office

Pending

2035 Mount Zion Road

Morrow

30260 Clayton County

SunTrust Bank, Atlanta ATLANTA

Hamilton Mill Office

Pending

2173 Hamilton Mill Parkway

Dacula

30211 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Vinings Crossing Office

2451 Cumberland Parkway

Atlanta

30339 Cobb County

Pending

BEGIN BUSINESS
DATE 08-09-96
02-01-96
04-15-96
06-03-96

- 79 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices
SunTrust Bank, Atlanta ATLANTA

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Duluth Station Office

2698 Buford Highway

Duluth

30324

Pending Gwinnett County

SunTrust Bank, Atlanta ATLANTA

The Peach Office

Pending

2900 Peachtree Road, NE

Atlanta

30305 Fulton County

SunTrust Bank, Atlanta ATLANTA

Laurel Springs Office

Withdrawn

3245 Peachtree Parkway

05-29-96

Suwanee

30174 Forsyth County

SunTrust Bank, Atlanta ATLANTA

Cosby Station Office

3316 Highway 5

Douglasville

30135

Pending Douglas County

SunTrust Bank, Atlanta ATLANTA

Rose Creek Office

Pending

4403 Towne Lake Parkway

Towne Lake

30189 Cherokee County

SunTrust Bank, Atlanta ATLANTA

Hugh Howell Office

Pending

4422 Hugh Howell Road

Tucker

30084 DeKalb County

SunTrust Bank, Atlanta ATLANTA

Wade Green Village Office

Pending

4430 Wade Green Road

Kennesaw

30144 Cobb County

SunTrust Bank, Atlanta ATLANTA

Town Center Prado Office

Pending

50 Barrett Parkway

Marietta

30066 Cobb County

SunTrust Bank, Atlanta ATLANTA

Jimmy Carter West Office

12-23-96

5950 Jimmy Carter Boulevard

Norcross

30093 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Norcross Tucker Office

Pending

6131 S. Norcross-Tucker Road

Norcross

30093 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Powers Ferry Village Office

Pending

6300 Powers Ferry Road

Atlanta

30339 Fulton County

SunTrust Bank, Atlanta ATLANTA
SunTrust Bank, Atlanta ATLANTA

Riverdale Crossing Office

Pending

7535 Highway 85

Riverdale

30296 Clayton County

Jonesboro Corners Office

Pending

7899 Tara Boulevard

Jonesboro

30236 Clayton County

BEGIN BUSINESS
DATE

- 80 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices
SunTrust Bank, Atlanta ATLANTA

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

DeKalb Medical Center Office

12-13-95

2675 North Decatur Road Suite 114

Decatur

30033 DeKalb County

SunTrust Bank, Atlanta ATLANTA

Piedmont Commons Office

1050 East Piedmont Road

Marietta

30062 Cobb County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Woodlawn Pointe Office

1100 Johnson Ferry Road, NE

Marietta

30068 Cobb County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Presidential Market Office

03-04-96

1905 Scenic Highway

Snellville

30278 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Highland Plaza Office

3605 Sandy Plains Road, NE

Marietta

30066 Cobb County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Cascade Crossing Office

3695 Cascade Rd.

Atlanta

30331 Fulton County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Dunwoody Place Office

8725 Roswell Road

Atlanta

30303 Fulton County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Promenade Office

03-04-96

1625 Pleasant Hill Drive

Duluth

30136 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Flat Shoals Crossing Office

03-04-96

3649 Flakesmill Road

Decatur

30034 DeKalb County

SunTrust Bank, Atlanta ATLANTA
SunTrust Bank, Atlanta ATLANTA

lost Mountain Crossing Office 5100 Dallas Highway Powder Springs 30073 Cobb County

06-24-96

Eagles landing Office

909 Eagles landing Parkway

Stockbridge

30281 Henry County

03-04-96

SunTrust Bank, Atlanta ATLANTA

Horizon Village Office

06-24-96

2855 lawrenceville-Suwanee Road

Suwanee

30174 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

Five Forks Corners Office

06-24-96

4045 Five Forks Trickum Road

Lilburn

30247 Gwinnett County

BEGIN BUSINESS
DATE
02-01-96 04-29-96 04-29-96 04-29-96 04-29-96 06-18-96 06-18-96 06-20-96 06-20-96 09-26-96 09-26-96 09-30-96 09-30-96
"

- 81 -

Georgia Department of Banking and Finance

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

fiNANCIAL INSTITUTION Bank Offices SunTrust Bank, Atlanta ATLANTA

APPROVAL

BANK OFFICE, BRANCH, OR FACILITY

DATE

Abernathy Square Office

03-04-96

6615 Roswell Road

Atlanta

30328 Fulton County

SunTrust Bank, Atlanta ATLANTA

Tree Trail Village Office

1250 Tech Drive, NW

Norcross

30093

06-24-96 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

MacLand Pointe Office

06-24-96

1750 Powder Springs Road

Marietta

30064 Cobb County

SunTrust Bank, Atlanta ATLANTA

Merton Walk Office

06-24-96

911 Georgia Highway 120

Lawrenceville 30245 Gwinnett County

SunTrust Bank, Atlanta ATLANTA

West Cobb Market Place

03-04-96

2500 Dallas Road

Marietta

30064 Cobb County

Georgia Bank & Trust Company of Augusta Wal-Mart Office

05-06-96

AUGUSTA

3209 Deans Bridge Road

Augusta

30906 Richmond County

Health Center Credit Union AUGUSTA
United Community Bank BLAIRSVILLE

Martinez Office

Suite C, 138 Davis Road

Martinez

30912

12-06-95 Columbia County

Morrison-Moore Parkway Office

12-30-96

250 Morrison-Moore Parkway West

Dahlonega

30533 Lumpkin County

The Coastal Bank of Georgia BRUNSWICK

Kingsland Office

1395 Highway 40, East

Kingsland

31548

07-21-95 Camden County

Peoples Bank & Trust BUFORD

Roy Harris Office

1899 Buford Highway

Buford

30244

10-30-95 Gwinnett County

Georgia Bank & Trust CALHOUN

Fairmount Office

134 North Avenue

Fairmount

30139

03-22-96 Gordon County

Bank of Canton CANTON

Towne Lake Office

08-24-95

2025 Towne Lake Parkway

Woodstock

30114 Cherokee County

Etowah Bank CANTON

Cobb Industrial Office

Pending

1090 Industrial Park Drive

Marietta

30067 Cobb County

BEGIN BUSINESS
DATE 09-30-96 10-22-96 10-24-96 10-24-96 11-05-96 07-10-96 01-08-96
08-07-96 07-15-96 07-08-96 06-13-96

- 82 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices
Etowah Bank CANTON

APPROVAL BANK OFFICE. BRANCH. OR FACILITY DATE

Shiloh Office

4255 Jiles Road

Kennesaw

30144 Cobb County

01-03-96

Etowah Bank CANTON

Village Green Office

3596 Dallas Highway

Marietta

30064 Cobb County

07-30-96

Etowah Bank CANTON

Alpharetta Office

11725 Alpharetta Highway

Alpharetta

30075 Fulton County

08-16-96

Etowah Bank CANTON

Holcomb Bridge Office

910 Holcomb Bridge Road

Roswell

30075 Fulton County

09-23-96

Tippins Bank & Trust Company CLAXTON

Winn-Dixie Office

403 N. Duval Street

Claxton

30417 Evans County

05-31-95

Merchants and Farmers Bank of Comer, Georgia
COMER

Danielsville Office

11-27-95

Route 1, Box 1029 Highway 29

Danielsville

30633 Madison County

Community Bank & Trust - Jackson COMMERCE

Tanger Outlet Office

04-29-96

800 Steven B. Tanger Blvd.

Commerce

30529 Jackson County

Community Bank & Trust - Habersham CORNELIA

Quality Foods- Level Grove Road Office 04-22-96

1275-A Level Grove Road

Cornelia

30531 Habersham County

Community Bank & Trust - Habersham CORNELIA

Winn-Dixie Office

2500 Limestone Parkway

Gainesville

30501 Hall County

05-09-96

First Newton Bank COVINGTON

Wal-Mart Office

07-12-96

1436 Dogwood Drive

Conyers

30207 Rockdale County

Bank of Dahlonega DAHLONEGA

Wal-Mart Office

12-10-96

East Side of GA Highway 52 North

Dahlonega

30533 Lumpkin County

Lumpkin County Bank DAHLONEGA

60 & 400 Office

02-26-96

Highway 60 & Highway 400

Dahlonega

30533 Lumpkin County

Dalton/Whitfield Bank & Trust DALTON

Cleveland Road Office

03-25-96

1237 Cleveland Road

Dalton

30720 Whitfield County

BEGIN BUSINESS
DATE
07-31-96 08-21-96 09-18-96 10-15-96 02-15-96 08-23-96 07-10-96 07-01-96
08-28-96
10-01-96
"

- 83 -

Georgia Department of Banking and Finance

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

FLNANCIAL INSTITUTION Bank Offices
First Community Bank of Dawsonville DAWSONVILLE

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Dawsonville Office

02-17-95

Highway 53 East

Dawsonville

30534 Dawson County

Citizens & Merchants State Bank DOUGLASVILLE

Stewart Parkway Office

12-06-96

5895 Stewart Parkway

Douglasville

30135 Douglas County

Citizens Bank of Gwinnett DULUTH

Buford Office

12-06-95

4450 Nelson Brogdon Blvd.

Sugar Hill

30518 Gwinnett 'County

Ft. McPherson Credit Union FT. MCPHERSON

Fort Gillem Office

11-27-96

North Avenue

Fort Gillem

30050 Clayton County

Gainesville Bank & Trust GAINESVILLE

Thompson Bridge Road Office

1210 Thompson Bridge Road

Gainesville

30501 Hall County

11-20-96

Gainesville Bank & Trust GAINESVILLE

East Hall Office

2412 Old Comelia Highway

Gainesville

30507 Hall County

12-19-95

Georgia First Bank GAINESVILLE

South Hall Office Spout Springs Rd & Holland Dam Rd Flowery Branch 30542 Hall County

08-09-95

Bank of Hartwell HARTWELL

Quality Foods Office

1028 Benson Street

Hartwell

30643 Hart County

06-24-96

Bank of Hiawassee HIAWASSEE

Dill's Food City Office

236 N. Main St

Hiawassee

30546 Towns County

04-08-96

The Coastal Bank HINESVILLE

Pooler Office

01-25-93

501 West Highway 80

Pooler

31322 Chatham County

The Hinesville Bank HINESVILLE

PX Mall Office

419 Steele Avenue

Fort Stewart

31314

Liberty County

02-15-96

Community Trust Bank HIRAM

Brownsville Office 5860 Brownsville Road Powder Springs 30073

07-05-95 Paulding County

Commercial Bank & Trust Company of Troup County LAGRANGE

Wal-Mart Office

803 New Franklin Road

LaGrange

30240 Troup County

04-09-96

BEGIN BUSINESS
DATE
09-13-96
04-01-96
03-25-96 05-11-96 09-09-96 08-03-96 10-02-96 03-18-96 01-04-96 07-01-96

- 84 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITIJTION Bank Offices Colonial Bank LAWRENCEVILLE

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Johnson Ferry Road Office

1020 Johnson Ferry Road

Marietta

30068 Cobb County

10-21-96

Colonial Bank LAWRENCEVILLE

Buckhead Office

Rescinded

3789 Roswell Road

12-19-96

Atlanta

30342 Fulton County

Colonial Bank LAWRENCEVILLE

Dunwoody Branch

Rescinded

4800 Ashford Dunwoody Road

12-19-96

Dunwoody

30338 DeKalb County

First Southern Bk LITHONIA

Rockbridge Plaza Office

01-03-96

5761 Rockbridge Road

Stone Mountain30068 DeKalb County

First Macon Bank & Trust Company MACON

Northwest Commons Office

5590 Thomaston Road

Macon

31210 Bibb County

07-10-96

C-MAR Credit Union MARIETTA

Cherokee Street Office

100 Cherokee Street

Marietta

30060 Cobb County

04-22-96

Charter Bank and Trust Co. MARIETTA

Powers Ferry Office

1920 Powers Ferry Road

Marietta

30067 Cobb County

09-03-96

Promina Northwest Credit Union MARIETTA

South Park Place Office

2000 South Park Place

Atlanta

30339 Cobb County

03- 10-95

Riverside Bank MARIETTA

Galleria Office

200 Galleria Parkway Suite 140

Atlanta

30339 Cobb County

07-09-96

The Westside Bank & Trust Company MARIETTA

Whitlock Office

751 Whitlock Avenue

Marietta

30064 Cobb County

02-13-96

The Central & Southern Bank of Georgia MILLEDGEVILLE

Lakeside Office

11-21-95

2955 North Columbia Street

Milledgeville 31061 Baldwin County

Bank of Coweta NEWNAN
First Gwinnett Bank Norcross

Lakeside Office

04-30-96

Lakeside Way & Highway 34

Newnan

30264 Coweta County

Peachtree Parkway Office

Rescinded

Peachtree Parkway & Metlock Bridge Rd 02-28-96

Norcross

30092 Gwinnett County

BEGIN BUSINESS
DATE
07-19-96
06-17-96 11-18-96 03-04-96 10-16-96 07-12-96 09-10-96

- 85 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices Crossroads Bank of Georgia PERRY
Independent Bank & Trust Company POWDER SPRINGS
1st Floyd Bk ROME
Citizens First Bank ROME

APPROVAL BANK OFFICE, BRANCH, OR FACILITY DATE

Richard Russell Parkway Office

08-30-96

302 Richard Russell Parkway

Warner Robins 31088 Houston County

Lost Mountain Crossing Office 5100 Dallas Highway Powder Springs 30073 Cobb County

07-05-95

Broad street Office

805 Broad Street

Rome

30161 Floyd County

01-04-96

Lindale Office

3132 Maple Road

Rome

30147 Floyd County

07-03-96

Citizens First Bank ROME

2nd Avenue Office

500 North 2nd Avenue

Rome

30161 Floyd County

07-03-96

Northwest Georgia Credit Union ROME

Redmond Circle Office

1307 Redmond Circle

Rome

30161 Floyd County

09- 19-96

Tri-County Bank of Royston ROYSTON
The Coastal Bank SAVANNAH

Tri-County Bank Office

05-31-96

5784 West Avenue

Lavonia

30553 Franklin County

Pooler Office

01-25-93

501 West Highway 80

Pooler

31322 Chatham County

Frederica Bank & Trust ST SIMONS ISLAND

Sea Island Road Banking Office

Withdrawn

600 Sea Island Road

05- 10-96

St. Simons Island 31522 Glynn County

First Bulloch Bank & Trust Company STATESBORO

Wal-Mart Office

05-15-96

730 Northside Drive East

Statesboro

30458 Bulloch County

Allied Bank of Georgia THOMSON

Downtown Office

700 Broad Street

Augusta

30901

02-12-96 Richmond County

Allied Bank of Georgia THOMSON
Southern Crescent Bank UNION CITY

Wal-Mart Office

05-17-96

2205 Harrison Road

Thomson

30824 McDuffie County

Jonesboro Office

07 -30-96

7906 Tara Boulevard

Jonesboro

30236 Clayton County

BEGIN BUSINESS
DATE 11-04-96 03-11-96 02-20-96 10-25-96 10-25-96
09-09-96 10-02-96
10-23-96 03-11-96 08-22-96 09-09-96

- 86 -

Georgia Department of Banking and Finance

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

FINANCIAL INSTITUTION Bank Offices Citizens Bank VIENNA

APPROVAL BANK OFFICE. BRANCH. OR FACILITY DATE

Consumer Loan Division Office

11-13-96

Highway 41 and Speeg Road

Unadilla

31091 Dooly County

FINANCIAL INSTITUTION Farmers & Merchants Bank ADEL

APPLICATIONS TO CHANGE LOCATION

APPROVAL

CHANGE LOCATION OF

DATE

Main Office

01-25-95

From: 101 West Fourth Street

Adel

31620 Cook County

To : 301 West Fourth Street

Adel

31620 Cook County

First Capital Bank ATLANTA

Main Office

Pending

From : 6400 Powers Ferry Rd, Suite 380

Atlanta

30339 Fulton County

To : 3320 Holcomb Bridge Road, Suite A

Norcross

30092 Gwinnett County

Federal Employees Credit Union ATLANTA

Lawrenceville Office

08-23-96

From : 208 S. Clayton Street

Lawrenceville 30245 Gwinnett County

To : 750 Perry Street

Lawrenceville 30245 Gwinnett County

Columbus Bank & Trust Company COLUMBUS

Medical Park Office From: 1901 8th Avenue
Columbus 31901 To: 1700 loth Avenue
Columbus 31901

01-29-96 Muscogee County Muscogee County

Columbus Bank and Trust Company COLUMBUS

Bradley Park Office

08-02-96

From: 5736 Beallwood Connector

Columbus 31904 Muscogee County

To: Whitesville Road

Columbus 31904 Muscogee County

statco Credit Union CORNEliA

Main Office

04-08-96

From : 110 Chattahoochee street

Cornelia

30531 Habersham County

To: 2000 Industrial Boulevard

Cornelia

30531 Habersham County

The Bank of Covington COVINGTON

Winn-Dixie Supermarket to Turner Lake Office 03- 13-96 From: 6169 Highway 278
COVington 30209 Newton County To: 6243 Turner Lake Road
Covington 30209 Newton County

Citizens Bank of Gwinnett DULUTH

Buford Office

09-09-96

From: 4450 Nelson Brogdon Blvd.

Sugar Hill

30518 Gwinnett County

To: 4394 Buford Drive

Buford

30518 Gwinnett County

BEGIN BUSINESS
DATE
EFFECTIVE DATE
01-08-96
10-07-96
04-19-96

- 87 -

Georgia Department of Banking and Finance

FINANCIAL INSTITUTION Regions Bank GAINESVILLE

APPLICATIONS TO CHANGE LOCATION

APPROVAL

CHANGE LOCAliON OF

DATE

Main Office

05-16-96

From: 1457 Mt. Vernon Road

Dunwoody 30338 DeKalb County

To : 111 Green Street SE

Gainesville 30501 Hall County

Bank of Gray GRAY

Main Office

From : 109 Railroad Street

Gray

31032 Jones County

To : Corner of Highway 22/129 & Jackson

Gray

31032 Jones County

12-02-96

Promina Northwest Credit Union MARIETTA

Main Office

From: 677 Church Street

Marietta

30061

To : 675 Campbell Hill St

Marietta

30061

Cobb County Cobb County

08-15-96

C-MAR Credit Union MARIETTA

Douglasville Office From: 6740 W. Spring Street
Douglasville 30134 To: 6717 Church Street
Douglasville 30134

08-22-96 Douglas County Douglas County

Crossroads Bank of Georgia PERRY

Houston Road Office

09-12-96

From: 106 South Houston Road

Warner Robins 31088 Houston County

To : Watson Boulevard Office

1869 Watson Boulevard

Warner Robins 31093 Houston County

1st Floyd Bank ROME

Main Office

From : 805 Broad Street

Rome

30161

To: 307 E. Second St.

Rome

30161

Floyd County Floyd County

05-17-96

First Rome Bank Rome

West Rome Facility to Shorter Office

From: 2459 Shorter Avenue

Rome

30161 Floyd County

To: 2211 Shorter Avenue

Rome

30161 Floyd County

08-30-95

Citizens First Bank ROME

West Rome Office

From: 901 Shorter Avenue

Rome

30165

To: 800 Shorter Avenue

Rome

30165

Floyd County Floyd County

03-15-96

Central Ogeechee River Educators (CORE) Credit Union
STATESBORO

Main Office

08-16-96

From : 414 Northside Drive West

Statesboro 30459 Bulloch County

To: 43 North Main Street

Statesboro 30458 Bulloch County

EFFECTIVE DATE
05-23-96
08-15-96 10-07-96 11-04-96
05-21-96 01-15-96 12-30-96 10-15-96

- 88 -

Georgia Department of Banking and Finance

FINANCIAL INSTITUTION Southern Heritage Savings Bank WINTERVILLE

APPLICATIONS TO CHANGE LOCATION

APPROVAL

CHANGE LOCATION OF

DATE

Clayton Street Office to Moores Grove Office 02-16-96

From: 247 West Clayton Street

Athens

30601 Clarke County

To: 100 Moores Grove Road

Winterville 30683 Clarke County

Southern Heritage Savings Bank Winterville

Main Office

From: 100 Moores Grove Road

Winterville 30683 Clarke County

To: 247 West Clayton Street

Athens

30601 Clarke County

02-16-96

PREVIOUS NAME Union County Bank Blairsville

NOTICE OF CHANGE IN NAME
NEW NAME United Community Bank

APPROVAL DATE
06-27-96

The Citizens State Bank Butler

Southland Bank

09-06-96

The Bank of Covington Covington

Main Street Bank

11-15-96

The Enterprise National Bank of Atlanta Dunwoody

Regions Bank

03-01-96

The Pulaski Banking Company Hawkinsville

SunMark Community Bank

05-29-96

Commercial Bank of Georgia Lawrenceville

Colonial Bank

07-05-96

Cobb American Bank and Trust Company Riverside Bank Marietta

05-30-96

First Rome Bank Rome

Regions Bank of Rome

03-06-96

Central Ogeechee River Educators (CORE) CORE Credit Union Credit Union Statesboro

12-03-96

DeKalb State Bank Tucker

Community Bank of Georgia

08-27-96

United Bank of Pike Zebulon

United Bank

12-24-96

EFFECTIVE DATE
02-19-96
02-19-96
EFFECTIVE DATE
06-28-96 10-15-96 12-11-96 04-18-96 06-01-96 07-05-96 06-03-96 03-08-96 12-10-96
09-16-96

- 89 -

.....
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

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