Aliant Bank in Alexander City, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2011

  • Aliant Bank in Alexander City, Alabama (AL)
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Aliant Bank routing number info

Aliant Bank - Overview

  • General
  • FDIC Certificate #: 2773
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: USAmeriBank (#58427)
    Federal Reserve ID: 861434
    Date Established: May 24, 1900
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 15 (Interstate: No)
    OTS Docket #: 9437
    FDIC's unique #: 1807
    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: January 01, 1934
    Last Structure Change Effective Date: December 31, 2011
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Alliant Parkway, Alexander City, AL 35010
    County: Tallapoosa
    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): Montgomery-Alexander City, AL (#388)
    Core Based Statistical Area (CBSA): Alexander City, AL (#10760)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $928.6 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, 2010)

  • Dollar figures in thousands
  • 255Total employees (full-time equivalent)
  • $905,135Total assets
  • $11,706Cash and due from depository institutions
  • $2,479Interest-bearing balances
  • $183,223Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $622,774Net loans & leases
  • $21,568Loan loss allowance
  • $0Trading account assets
  • $21,064Bank premises and fixed assets
  • $20,621Other real estate owned
  • $1,243Goodwill and other intangibles
  • $11,692Life insurance assets
  • $44,504All other assets
  • $905,135Total liabilities and capital
  • $806,282Total liabilities
  • $719,217Total deposits
  • $553,044Interest-bearing deposits
  • $719,217Deposits held in domestic offices
  • 87.05%% insured (estimated)
  • $6,268Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $76,334Other borrowed funds
  • $0Subordinated debt
  • $4,463All other liabilities
  • $98,853Total equity capital
  • $98,853Total bank equity capital
  • $98,853Perpetual preferred stock
  • $0Common stock
  • $211Surplus
  • $71,704Undivided profits
  • Memoranda
  • $26,938Noncurrent loans and leases
  • $113,717Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $31,368Earning assets
  • $183Long-term assets (5+ years)
  • $2,957Average Assets, year-to-date
  • $808,476Average Assets, quarterly
  • $245,426Volatile liabilities
  • $976,953Insider loans
  • $927,911FHLB advances
  • $160,931Loans and leases held for sale
  • $8,541Unused loan commitments
  • $76,334Tier 1 (core) risk-based capital
  • $18,340Tier 2 risk-based capital
  • $7,704Total risk weighted assets
  • $113,717Total unused commitments
  • $3,201Restructured Loans and leases
  • $8,369Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $40,079Total interest income
  • $9,845Total interest expense
  • $30,234Net interest income
  • $19,257Provision for loan and lease losses
  • $5,741Total noninterest income
  • $0Fiduciary activities
  • $4,464Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,277Additional noninterest income
  • $31,088Total noninterest expense
  • $16,271Salaries and employee benefits
  • $3,982Premises and equipment expense
  • $10,835Additional noninterest expense
  • -$14,370Pre-tax net operating income
  • $3,331Securities gains (losses)
  • -$4,843Applicable income taxes
  • -$6,196Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,196Net income attributable to bank
  • $0Net charge-offs
  • -$6,196Cash dividends
  • $24,238Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.42%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • -0.85%Net operating income to assets
  • -0.63%Return on assets (ROA)
  • -1.13%Pretax return on assets
  • -6.07%Return on equity (ROE)
  • -6.07%Retained earnings to average equity (YTD only)
  • 3.74%Net charge-offs to loans
  • 79.45%Credit loss provision to net charge-offs
  • 0.20%Efficiency ratio
  • 86,407Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.35%Loss allowance to noncurrent loans
  • 68.76%Noncurrent assets plus other real estate owned to assets
  • 5.74%Noncurrent loans to loans
  • 4.87%Net loans and leases to deposits
  • 86.59%Net loans and leases to core deposits
  • 110.30%Equity capital to assets
  • 10.92%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 12.17%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $976,953Average earning assets
  • $102,138Average equity
  • $883,755Average loans

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