FDIC Certificate #: 15696 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:RBC Bank (USA) (#33184) Federal Reserve ID: 381334 Date Established: November 14, 1939 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 9964 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 14, 1939 Last Structure Change Effective Date: June 21, 2008 Last Structure Change Process Date: July 07, 2008 Last Data Update: July 07, 2008 Data Source Date: April 05, 2012
Location
Address: Main Street, Tuskegee, AL 36083 County: Macon Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Montgomery Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194) Core Based Statistical Area (CBSA): Tuskegee, AL (#46260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $77.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
32Total employees (full-time equivalent)
$74,318Total assets
$2,513Cash and due from depository institutions
$505Interest-bearing balances
$21,812Securities
$10,586Federal funds sold & reverse repurchase agreements
$34,853Net loans & leases
$927Loan loss allowance
$0Trading account assets
$954Bank premises and fixed assets
$112Other real estate owned
$0Goodwill and other intangibles
$2,013Life insurance assets
$3,488All other assets
$74,318Total liabilities and capital
$67,757Total liabilities
$67,344Total deposits
$44,657Interest-bearing deposits
$67,344Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$413All other liabilities
$6,561Total equity capital
$6,561Total bank equity capital
$6,561Perpetual preferred stock
$0Common stock
$20Surplus
$1,980Undivided profits
Memoranda
$4,561Noncurrent loans and leases
$336Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$286Earning assets
$0Long-term assets (5+ years)
$323Average Assets, year-to-date
$67,756Average Assets, quarterly
$19,758Volatile liabilities
$78,916Insider loans
$76,784FHLB advances
$7,810Loans and leases held for sale
$1,738Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$336Total unused commitments
$0Restructured Loans and leases
$469Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$4,239Total interest income
$897Total interest expense
$3,342Net interest income
$30Provision for loan and lease losses
$870Total noninterest income
$0Fiduciary activities
$484Service charges on deposit accounts
$0Trading account gains & fees
$386Additional noninterest income
$2,528Total noninterest expense
$1,512Salaries and employee benefits
$209Premises and equipment expense
$807Additional noninterest expense
$1,654Pre-tax net operating income
-$68Securities gains (losses)
$475Applicable income taxes
$1,111Income before extraordinary items
$0Extraordinary gains - net
$1,111Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$78Sale, conversion, retirement of capital stock, net
$1,080Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.95%Yield on earning assets
1.26%Cost of funding earning assets
4.69%Net interest margin
1.22%Noninterest income to earning assets
3.55%Noninterest expense to earning assets
1.47%Net operating income to assets
1.41%Return on assets (ROA)
2.01%Pretax return on assets
17.27%Return on equity (ROE)
0.48%Retained earnings to average equity (YTD only)
-0.22%Net charge-offs to loans
-38.46%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,930Assets per employee
2.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.21%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
324.13%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.80%Net loans and leases to deposits
51.75%Net loans and leases to core deposits
58.54%Equity capital to assets
8.83%Core capital (leverage) ratio
8.64%Tier 1 risk-based capital ratio
17.79%Total risk-based capital ratio
Memoranda
$19Average assets
$78,916Average earning assets
$6,435Average equity
$71,249Average loans
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