FDIC Certificate #: 57432 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Renasant Bank (#12437) Federal Reserve ID: 3179831 Date Established: August 11, 2003 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 363549 Numeric code: 21 Regulator: FDIC 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: August 11, 2003 Last Structure Change Effective Date: Febuary 04, 2011 Last Structure Change Process Date: Febuary 07, 2011 Last Data Update: Febuary 07, 2011 Data Source Date: April 05, 2012
Location
Address: 880 Holcomb Bridge Road, Roswell, GA 30076 County: Fulton Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Atlanta Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Atlanta, GA (#520) Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122) Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060) CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
Financial Summary
Total assets: $238.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
29Total employees (full-time equivalent)
$238,205Total assets
$13,330Cash and due from depository institutions
$12,788Interest-bearing balances
$7,662Securities
$33,825Federal funds sold & reverse repurchase agreements
$155,229Net loans & leases
$3,071Loan loss allowance
$0Trading account assets
$493Bank premises and fixed assets
$20,259Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$7,407All other assets
$238,205Total liabilities and capital
$236,681Total liabilities
$222,161Total deposits
$212,201Interest-bearing deposits
$222,161Deposits held in domestic offices
96.86%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,100Other borrowed funds
$0Subordinated debt
$420All other liabilities
$1,524Total equity capital
$1,524Total bank equity capital
$1,524Perpetual preferred stock
$0Common stock
$4,550Surplus
$21,865Undivided profits
Memoranda
$-24,891Noncurrent loans and leases
$12,308Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$36,481Earning assets
$0Long-term assets (5+ years)
$617Average Assets, year-to-date
$209,504Average Assets, quarterly
$13,238Volatile liabilities
$261,779Insider loans
$243,745FHLB advances
$84,074Loans and leases held for sale
$4,363Unused loan commitments
$14,100Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,308Total unused commitments
$1,886Restructured Loans and leases
$1,711Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$8,499Total interest income
$5,324Total interest expense
$3,175Net interest income
$4,440Provision for loan and lease losses
-$1,176Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
$0Trading account gains & fees
-$1,357Additional noninterest income
$7,107Total noninterest expense
$2,436Salaries and employee benefits
$865Premises and equipment expense
$3,806Additional noninterest expense
-$9,548Pre-tax net operating income
$595Securities gains (losses)
$0Applicable income taxes
-$8,953Income before extraordinary items
$0Extraordinary gains - net
-$8,953Net income attributable to bank
$0Net charge-offs
-$8,953Cash dividends
$5,735Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.64%Yield on earning assets
2.28%Cost of funding earning assets
1.36%Net interest margin
-0.50%Noninterest income to earning assets
3.05%Noninterest expense to earning assets
-3.65%Net operating income to assets
-3.42%Return on assets (ROA)
-3.42%Pretax return on assets
-136.52%Return on equity (ROE)
-136.52%Retained earnings to average equity (YTD only)
3.24%Net charge-offs to loans
77.42%Credit loss provision to net charge-offs
-0.89%Efficiency ratio
355,528Assets per employee
8.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.94%Loss allowance to noncurrent loans
8.42%Noncurrent assets plus other real estate owned to assets
23.82%Noncurrent loans to loans
23.05%Net loans and leases to deposits
69.87%Net loans and leases to core deposits
112.41%Equity capital to assets
0.64%Core capital (leverage) ratio
0.71%Tier 1 risk-based capital ratio
0.90%Total risk-based capital ratio
Memoranda
$2Average assets
$261,779Average earning assets
$6,558Average equity
$233,186Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Trust Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: