FDIC Certificate #: 35314 Status: Active Federal Reserve ID: 2877484 Bank Holding Company (Regulatory Top Holder): Alamerica Banccorp, Inc. (RSSDID: 3047583, Location: Birmingham, AL) Date Established: January 28, 2000 WWW:http://www.alamericabank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 78220 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 28, 2000 Last Structure Change Effective Date: Febuary 24, 2011 Last Structure Change Process Date: Febuary 24, 2011 Last Data Update: Febuary 24, 2011 Data Source Date: April 05, 2012
Location
Address: 2170 Highland Avenue, Birmingham, AL 35205 County: Jefferson Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Shelby Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Birmingham, AL (#1000) Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Corrections
Financial Summary
Total assets: $33.5 mil Equity capital: $8.3 mil Deposits held in domestic offices: $20.1 mil Return on assets (ROA): -1.06% (-$0.4 mil) Quarterly return on assets: -0.84% (-$0.3 mil) Return on Equity (ROE): -4.35% (-$0.3 mil) Quarterly return on equity: -3.42% (-$0.3 mil) Net income: -$0.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.41% (-$472.5 mil) Quarterly Pretax return on assets: -2.18% (-$730.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
7Total employees (full-time equivalent)
$33,514Total assets
$5,588Cash and due from depository institutions
$1,760Interest-bearing balances
$6,017Securities
$0Federal funds sold & reverse repurchase agreements
$16,882Net loans & leases
$423Loan loss allowance
$0Trading account assets
$76Bank premises and fixed assets
$3,969Other real estate owned
$0Goodwill and other intangibles
$33,514Life insurance assets
$982All other assets
$25,253Total liabilities and capital
$20,121Total liabilities
$17,970Total deposits
$20,121Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$132Subordinated debt
$8,261All other liabilities
$8,261Total equity capital
$8,261Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$9,999Surplus
$-1,739Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,067Income earned, not collected on loans
$0Earning assets
$109Long-term assets (5+ years)
$24,659Average Assets, year-to-date
$5,310Average Assets, quarterly
$34,490Volatile liabilities
$33,642Insider loans
$22,531FHLB advances
$33,222Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,969Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,455Restructured Loans and leases
$1,251Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,516Total interest income
$523Total interest expense
$993Net interest income
$259Provision for loan and lease losses
$134Total noninterest income
$0Fiduciary activities
$167Service charges on deposit accounts
$0Trading account gains & fees
-$33Additional noninterest income
$1,356Total noninterest expense
$589Salaries and employee benefits
$249Premises and equipment expense
$518Additional noninterest expense
-$488Pre-tax net operating income
$0Securities gains (losses)
-$123Applicable income taxes
-$365Income before extraordinary items
$0Extraordinary gains - net
-$365Net income attributable to bank
$0Net charge-offs
-$365Cash dividends
$78Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
2.00%Cost of funding earning assets
3.80%Net interest margin
0.51%Noninterest income to earning assets
5.18%Noninterest expense to earning assets
-1.06%Net operating income to assets
-1.06%Return on assets (ROA)
-1.41%Pretax return on assets
-4.35%Return on equity (ROE)
-4.35%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
332.05%Credit loss provision to net charge-offs
-2.94%Efficiency ratio
120,319Assets per employee
4.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.44%Loss allowance to noncurrent loans
13.79%Noncurrent assets plus other real estate owned to assets
20.99%Noncurrent loans to loans
17.72%Net loans and leases to deposits
83.90%Net loans and leases to core deposits
89.97%Equity capital to assets
24.65%Core capital (leverage) ratio
23.99%Tier 1 risk-based capital ratio
35.37%Total risk-based capital ratio
Memoranda
$37Average assets
$34,490Average earning assets
$8,384Average equity
$26,161Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
78220
Alamerica Bank
2170 Highland Avenue, Birmingham, AL 35205
January 28, 2000
Full Service Brick and Mortar
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