FDIC Certificate #: 34478 Status: Active Federal Reserve ID: 2651899 Date Established: Febuary 02, 1998 Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 57669 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: Febuary 02, 1998 Last Structure Change Effective Date: June 13, 2011 Last Structure Change Process Date: June 30, 2011 Last Data Update: June 30, 2011 Data Source Date: April 05, 2012
Location
Address: 9401 Southern Pine Blvd., Suite P, Charlotte, NC 28273 County: Mecklenburg 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: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Charlotte-Gastonia-Rock Hill, NC-SC (#1520) 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 Location
Financial Summary
Total assets: $11.3 mil Equity capital: $8.8 mil Deposits held in domestic offices: $2.0 mil Return on assets (ROA): 5.37% ($0.6 mil) Quarterly return on assets: 5.72% ($0.6 mil) Return on Equity (ROE): 6.97% ($0.6 mil) Quarterly return on equity: 7.58% ($0.7 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 8.76% ($993.8 mil) Quarterly Pretax return on assets: 9.34% ($1,059.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
33Total employees (full-time equivalent)
$11,345Total assets
$2,207Cash and due from depository institutions
$1,448Interest-bearing balances
$7,885Securities
$0Federal funds sold & reverse repurchase agreements
$146Net loans & leases
$0Loan loss allowance
$0Trading account assets
$153Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$11,344Life insurance assets
$954All other assets
$2,588Total liabilities and capital
$2,000Total liabilities
$2,000Total deposits
$2,000Interest-bearing deposits
$13Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$588Subordinated debt
$8,756All other liabilities
$8,756Total equity capital
$8,756Total bank equity capital
$2,275Perpetual preferred stock
$2,338Common stock
$4,071Surplus
$72Undivided profits
Memoranda
$0Noncurrent loans and leases
$146Noncurrent 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)
$9,479Average Assets, year-to-date
$0Average Assets, quarterly
$11,279Volatile liabilities
$11,477Insider loans
$4,630FHLB advances
$11,297Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,684Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$117,904Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$74Total interest income
$9Total interest expense
$65Net interest income
$0Provision for loan and lease losses
$3,684Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,684Additional noninterest income
$2,761Total noninterest expense
$1,099Salaries and employee benefits
$265Premises and equipment expense
$1,397Additional noninterest expense
$988Pre-tax net operating income
$0Securities gains (losses)
$382Applicable income taxes
$606Income before extraordinary items
$0Extraordinary gains - net
$606Net income attributable to bank
$0Net charge-offs
$606Cash dividends
$0Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.78%Yield on earning assets
0.09%Cost of funding earning assets
0.68%Net interest margin
38.77%Noninterest income to earning assets
29.06%Noninterest expense to earning assets
5.37%Net operating income to assets
5.37%Return on assets (ROA)
8.76%Pretax return on assets
6.97%Return on equity (ROE)
1.22%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
73,646Assets per employee
0.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.51%Loss allowance to loans
0.00%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
7.30%Net loans and leases to core deposits
7.30%Equity capital to assets
77.18%Core capital (leverage) ratio
76.87%Tier 1 risk-based capital ratio
187.56%Total risk-based capital ratio
Memoranda
$188Average assets
$11,279Average earning assets
$8,698Average equity
$9,502Average loans
List of branches
1 North Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
57669
Cedar Hill National Bank
9401 Southern Pine Blvd., Suite P, Charlotte, NC 28273
Febuary 02, 1998
Full Service Brick and Mortar
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