Anson Bank & Trust Co. in Wadesboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Anson Bank & Trust Co. in Wadesboro, North Carolina (NC)
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Anson Bank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 30079
    Status: Active
    Federal Reserve ID: 802174
    Bank Holding Company (Regulatory Top Holder): Uwharrie Capital Corp (RSSDID: 2082532, Location: Albemarle, NC)
    Date Established: January 01, 1889
    WWW: http://www.ansonbankandtrust.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 4700
    FDIC's unique #: 42913
    Numeric code: 13
    Regulator: FED
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 26, 1959
    Last Structure Change Effective Date: December 15, 2008
    Last Structure Change Process Date: June 05, 2009
    Last Data Update: June 05, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 South Greene Street, Wadesboro, NC 28170
    County: Anson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Charlotte-Gastonia-Salisbury, NC-SC (#172)
    Core Based Statistical Area (CBSA): Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
    CBSA Metro Statistical Area: Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
  • History of Changes
  • Change in Primary Regulatory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $56.8 mil
    Equity capital: $6.9 mil
    Deposits held in domestic offices: $47.2 mil
    Return on assets (ROA): 0.34% ($0.2 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 3.04% ($0.2 mil)
    Quarterly return on equity: 0.06% ($0.0 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.50% ($284.1 mil)
    Quarterly Pretax return on assets: 0.08% ($45.5 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, 2011)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $56,830Total assets
  • $2,958Cash and due from depository institutions
  • $1,780Interest-bearing balances
  • $8,251Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,276Net loans & leases
  • $1,001Loan loss allowance
  • $0Trading account assets
  • $1,273Bank premises and fixed assets
  • $1,368Other real estate owned
  • $987Goodwill and other intangibles
  • $56,830Life insurance assets
  • $1,717All other assets
  • $49,943Total liabilities and capital
  • $47,221Total liabilities
  • $41,081Total deposits
  • $47,221Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 1505.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $217Subordinated debt
  • $6,887All other liabilities
  • $6,887Total equity capital
  • $6,887Total bank equity capital
  • $1,800Perpetual preferred stock
  • $4,639Common stock
  • $0Surplus
  • $448Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $810Income earned, not collected on loans
  • $0Earning assets
  • $260Long-term assets (5+ years)
  • $50,307Average Assets, year-to-date
  • $22,097Average Assets, quarterly
  • $57,288Volatile liabilities
  • $57,144Insider loans
  • $36,295FHLB advances
  • $56,294Loans and leases held for sale
  • $624Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,710Tier 2 risk-based capital
  • $624Total risk weighted assets
  • $0Total unused commitments
  • $6,360Restructured Loans and leases
  • $3,639Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,749Total interest income
  • $440Total interest expense
  • $2,309Net interest income
  • $250Provision for loan and lease losses
  • $384Total noninterest income
  • $0Fiduciary activities
  • $223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $161Additional noninterest income
  • $2,186Total noninterest expense
  • $445Salaries and employee benefits
  • $125Premises and equipment expense
  • $1,616Additional noninterest expense
  • $257Pre-tax net operating income
  • $31Securities gains (losses)
  • $91Applicable income taxes
  • $197Income before extraordinary items
  • $0Extraordinary gains - net
  • $197Net income attributable to bank
  • $0Net charge-offs
  • $197Cash dividends
  • $218Sale, conversion, retirement of capital stock, net
  • $81Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.39%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.53%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 4.29%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 3.04%Return on equity (ROE)
  • 1.79%Retained earnings to average equity (YTD only)
  • 0.52%Net charge-offs to loans
  • 114.68%Credit loss provision to net charge-offs
  • 2.33%Efficiency ratio
  • 81,173Assets per employee
  • 7.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.12%Loss allowance to loans
  • 2.43%Loss allowance to noncurrent loans
  • 123.58%Noncurrent assets plus other real estate owned to assets
  • 3.83%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 85.29%Net loans and leases to core deposits
  • 99.92%Equity capital to assets
  • 12.12%Core capital (leverage) ratio
  • 10.14%Tier 1 risk-based capital ratio
  • 15.73%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $57,288Average earning assets
  • $6,488Average equity
  • $50,972Average loans

List of branches

  • 1 North Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042913Anson Bank & Trust Co.211 South Greene Street, Wadesboro, NC 28170January 01, 1889Full Service Brick and Mortar

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