Charter Bank and Trust Co. in city_name, state_name - Detailed Financial Reports, Location

Charter Bank and Trust Co. in Marietta, Georgia (GA)
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Charter Bank and Trust Co. - Overview

General
FDIC Certificate #: 27440
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank of North Georgia (#31203)
Federal Reserve ID: 1360420
Date Established: Febuary 03, 1989
WWW: http://www.charterbank-trust.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 10012
FDIC's unique #: 39934
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: Febuary 03, 1989
Last Structure Change Effective Date: July 19, 2004
Last Structure Change Process Date: August 04, 2004
Last Data Update: August 04, 2004
Data Source Date: April 05, 2012
Location
Address: 269 Roswell Street, Marietta, 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: $299.1 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, 2003)

Dollar figures in thousands
63Total employees (full-time equivalent)
$283,483Total assets
$11,236Cash and due from depository institutions
$0Interest-bearing balances
$34,106Securities
$0Federal funds sold & reverse repurchase agreements
$229,207Net loans & leases
$3,434Loan loss allowance
$0Trading account assets
$3,114Bank premises and fixed assets
$945Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,875All other assets
$283,483Total liabilities and capital
$260,539Total liabilities
$216,992Total deposits
$205,646Interest-bearing deposits
$216,992Deposits held in domestic offices
0.00%% insured (estimated)
$38,790Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,234Other borrowed funds
$0Subordinated debt
$1,523All other liabilities
$22,944Total equity capital
$22,944Total bank equity capital
$22,944Perpetual preferred stock
$0Common stock
$3,582Surplus
$9,956Undivided profits
Memoranda
$9,406Noncurrent loans and leases
$89,861Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,438Earning assets
$0Long-term assets (5+ years)
$1,108Average Assets, year-to-date
$263,313Average Assets, quarterly
$33,831Volatile liabilities
$281,821Insider loans
$280,464FHLB advances
$103,183Loans and leases held for sale
$9,810Unused loan commitments
$3,234Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$89,861Total unused commitments
$0Restructured Loans and leases
$3,126Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$15,636Total interest income
$3,637Total interest expense
$11,999Net interest income
$2,920Provision for loan and lease losses
$1,192Total noninterest income
$0Fiduciary activities
$965Service charges on deposit accounts
$0Trading account gains & fees
$227Additional noninterest income
$6,590Total noninterest expense
$3,962Salaries and employee benefits
$619Premises and equipment expense
$2,009Additional noninterest expense
$3,681Pre-tax net operating income
$0Securities gains (losses)
$1,283Applicable income taxes
$2,398Income before extraordinary items
$0Extraordinary gains - net
$2,398Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,546Sale, conversion, retirement of capital stock, net
$1,500Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.96%Yield on earning assets
1.39%Cost of funding earning assets
4.57%Net interest margin
0.45%Noninterest income to earning assets
2.51%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.31%Pretax return on assets
10.66%Return on equity (ROE)
3.99%Retained earnings to average equity (YTD only)
1.11%Net charge-offs to loans
114.69%Credit loss provision to net charge-offs
2.59%Efficiency ratio
49,958Assets per employee
4.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.55%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
63.15%Noncurrent assets plus other real estate owned to assets
2.25%Noncurrent loans to loans
2.34%Net loans and leases to deposits
105.63%Net loans and leases to core deposits
147.42%Equity capital to assets
8.09%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
9.18%Total risk-based capital ratio
Memoranda
$10Average assets
$281,821Average earning assets
$22,488Average equity
$262,333Average loans

Charter Bank and Trust Co. in Marietta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Charter Bank and Trust Co. - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

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

Charter Bank and Trust Co. in Marietta, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Charter Bank and Trust Co. - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

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

Charter Bank and Trust Co. in Marietta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches