FDIC Certificate #: 34285 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Community Bank (#16889) Federal Reserve ID: 2621931 Date Established: December 02, 1997 WWW:http://www.eagleanywhere.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 57044 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: December 02, 1997 Last Structure Change Effective Date: November 01, 2004 Last Structure Change Process Date: November 05, 2004 Last Data Update: November 05, 2004 Data Source Date: April 05, 2012
Location
Address: 850 Eagle's Landing Parkway, Stockbridge, GA 30281 County: Henry 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: $67.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$60,967Total assets
$2,236Cash and due from depository institutions
$0Interest-bearing balances
$7,877Securities
$1,641Federal funds sold & reverse repurchase agreements
$44,651Net loans & leases
$552Loan loss allowance
$0Trading account assets
$3,658Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$904All other assets
$60,967Total liabilities and capital
$55,139Total liabilities
$55,032Total deposits
$48,940Interest-bearing deposits
$55,032Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$107All other liabilities
$5,828Total equity capital
$5,828Total bank equity capital
$5,828Perpetual preferred stock
$0Common stock
$3,000Surplus
$2,971Undivided profits
Memoranda
$-143Noncurrent loans and leases
$4,623Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$86Earning assets
$0Long-term assets (5+ years)
$210Average Assets, year-to-date
$54,169Average Assets, quarterly
$6,646Volatile liabilities
$60,983Insider loans
$61,455FHLB advances
$7,450Loans and leases held for sale
$1,578Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,623Total unused commitments
$0Restructured Loans and leases
$552Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$3,360Total interest income
$1,098Total interest expense
$2,262Net interest income
$0Provision for loan and lease losses
$283Total noninterest income
$0Fiduciary activities
$80Service charges on deposit accounts
$0Trading account gains & fees
$203Additional noninterest income
$2,540Total noninterest expense
$1,373Salaries and employee benefits
$337Premises and equipment expense
$830Additional noninterest expense
$5Pre-tax net operating income
-$59Securities gains (losses)
$0Applicable income taxes
-$54Income before extraordinary items
$0Extraordinary gains - net
-$54Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$226Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.24%Yield on earning assets
2.04%Cost of funding earning assets
4.20%Net interest margin
0.53%Noninterest income to earning assets
4.72%Noninterest expense to earning assets
0.01%Net operating income to assets
-0.09%Return on assets (ROA)
-0.09%Pretax return on assets
-0.91%Return on equity (ROE)
-0.91%Retained earnings to average equity (YTD only)
0.52%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.02%Efficiency ratio
99,804Assets per employee
2.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
641.86%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.19%Net loans and leases to deposits
81.14%Net loans and leases to core deposits
93.84%Equity capital to assets
9.56%Core capital (leverage) ratio
9.64%Tier 1 risk-based capital ratio
11.27%Total risk-based capital ratio
Memoranda
$12Average assets
$60,983Average earning assets
$5,930Average equity
$53,834Average loans
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