Barnett Bank of Atlanta in city_name, state_name - Detailed Financial Reports, Location

Barnett Bank of Atlanta in Atlanta, Georgia (GA)
Show street view No street view available for this location

Barnett Bank of Atlanta - Overview

General
FDIC Certificate #: 9071
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank South (#2116)
Federal Reserve ID: 755430
Date Established: July 10, 1918
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 21 (Interstate: No)
FDIC's unique #: 5807
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: December 02, 1993
Last Structure Change Process Date: December 14, 1993
Last Data Update: December 14, 1993
Data Source Date: April 05, 2012
Location
Address: 3350 Cumberland Circle, N.W., Atlanta, GA 30060
County: Cobb
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: $758.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$336Total assets
$691,784Cash and due from depository institutions
$15,597Interest-bearing balances
$0Securities
$81,288Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$554,446Loan loss allowance
$13,320Trading account assets
$0Bank premises and fixed assets
$21,013Other real estate owned
$4,680Goodwill and other intangibles
$14,760Life insurance assets
$0All other assets
$0Total liabilities and capital
$691,784Total liabilities
$635,972Total deposits
$609,849Interest-bearing deposits
$504,154Deposits held in domestic offices
609849.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$18,866Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$7,257Total equity capital
$7,257Total bank equity capital
$55,812Perpetual preferred stock
$0Common stock
$2,000Surplus
$64,158Undivided profits
Memoranda
$-10,346Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,587Income earned, not collected on loans
$2,749Earning assets
$635,734Long-term assets (5+ years)
$92,043Average Assets, year-to-date
$699,720Average Assets, quarterly
$709,483Volatile liabilities
$90,055Insider loans
$90FHLB advances
$0Loans and leases held for sale
$2,962Unused loan commitments
$222,328Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$55,812Total risk weighted assets
$637,632Total unused commitments
$0Restructured Loans and leases
$3,900Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$57,376Total interest expense
$23,826Net interest income
$33,550Provision for loan and lease losses
$2,982Total noninterest income
$11,926Fiduciary activities
$0Service charges on deposit accounts
$4,174Trading account gains & fees
$0Additional noninterest income
$7,752Total noninterest expense
$40,083Salaries and employee benefits
$11,361Premises and equipment expense
$5,942Additional noninterest expense
$22,780Pre-tax net operating income
$2,411Securities gains (losses)
-$15Applicable income taxes
$710Income before extraordinary items
$1,686Extraordinary gains - net
-$1,675Net income attributable to bank
$11Net charge-offs
$4,760Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.13%Cost of funding earning assets
3.79%Net interest margin
5.34%Noninterest income to earning assets
1.90%Noninterest expense to earning assets
6.38%Net operating income to assets
0.24%Return on assets (ROA)
0.00%Pretax return on assets
0.10%Return on equity (ROE)
0.02%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.93%Credit loss provision to net charge-offs
62.65%Efficiency ratio
88,141Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.35%Loss allowance to noncurrent loans
138.94%Noncurrent assets plus other real estate owned to assets
2.06%Noncurrent loans to loans
1.69%Net loans and leases to deposits
90.92%Net loans and leases to core deposits
102.93%Equity capital to assets
8.07%Core capital (leverage) ratio
7.60%Tier 1 risk-based capital ratio
8.75%Total risk-based capital ratio
Memoranda
$10Average assets
$699,720Average earning assets
$49,530Average equity
$628,144Average loans

Barnett Bank of Atlanta in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Barnett Bank of Atlanta - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Barnett Bank of Atlanta in Atlanta, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Barnett Bank of Atlanta - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Barnett Bank of Atlanta in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches