FDIC Certificate #: 27122 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Branch Banking and Trust Company (#9846) Federal Reserve ID: 1161757 Date Established: December 15, 1987 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 14312 FDIC's unique #: 38823 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: December 15, 1987 Last Structure Change Effective Date: July 15, 2000 Last Structure Change Process Date: August 21, 2000 Last Data Update: August 21, 2000 Data Source Date: April 05, 2012
Location
Address: 1221 Clairmont Road, Decatur, GA 30030 County: Dekalb 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: $92.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
21Total employees (full-time equivalent)
$88,248Total assets
$2,088Cash and due from depository institutions
$20Interest-bearing balances
$14,419Securities
$4,530Federal funds sold & reverse repurchase agreements
$64,882Net loans & leases
$988Loan loss allowance
$0Trading account assets
$1,137Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,192All other assets
$88,248Total liabilities and capital
$80,124Total liabilities
$78,690Total deposits
$72,087Interest-bearing deposits
$78,690Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,434All other liabilities
$8,124Total equity capital
$8,124Total bank equity capital
$8,124Perpetual preferred stock
$0Common stock
$711Surplus
$5,005Undivided profits
Memoranda
$2,408Noncurrent loans and leases
$11,571Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$598Average Assets, year-to-date
$83,851Average Assets, quarterly
$3,538Volatile liabilities
$83,273Insider loans
$86,653FHLB advances
$17,362Loans and leases held for sale
$356Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,571Total unused commitments
$0Restructured Loans and leases
$887Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$7,146Total interest income
$3,468Total interest expense
$3,678Net interest income
$373Provision for loan and lease losses
$318Total noninterest income
$0Fiduciary activities
$121Service charges on deposit accounts
$0Trading account gains & fees
$197Additional noninterest income
$2,085Total noninterest expense
$979Salaries and employee benefits
$233Premises and equipment expense
$873Additional noninterest expense
$1,538Pre-tax net operating income
$0Securities gains (losses)
$457Applicable income taxes
$1,081Income before extraordinary items
$0Extraordinary gains - net
$1,081Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$365Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.00%Yield on earning assets
4.37%Cost of funding earning assets
4.63%Net interest margin
0.40%Noninterest income to earning assets
2.63%Noninterest expense to earning assets
1.30%Net operating income to assets
1.30%Return on assets (ROA)
1.85%Pretax return on assets
13.88%Return on equity (ROE)
13.88%Retained earnings to average equity (YTD only)
0.63%Net charge-offs to loans
102.19%Credit loss provision to net charge-offs
5.24%Efficiency ratio
52,177Assets per employee
4.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.45%Net loans and leases to core deposits
105.80%Equity capital to assets
9.21%Core capital (leverage) ratio
9.65%Tier 1 risk-based capital ratio
11.89%Total risk-based capital ratio
Memoranda
$13Average assets
$83,273Average earning assets
$7,790Average equity
$79,417Average 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 Bank Atlanta.
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: