Enterprise Bank and Trust Company in Winston-Salem, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 29, 1995

  • Enterprise Bank and Trust Company in Winston-Salem, North Carolina (NC)
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Enterprise Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 32915
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old North State Bank (#27558)
    Federal Reserve ID: 1445372
    Date Established: April 16, 1990
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    OTS Docket #: 9995
    FDIC's unique #: 45829
    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: April 16, 1990
    Last Structure Change Effective Date: December 29, 1995
    Last Structure Change Process Date: Febuary 07, 1996
    Last Data Update: Febuary 07, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 316-318 South Stratford Road, Winston-Salem, NC 27103
    County: Forsyth
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC (#3120)
    Combined Statistical Area (CSA): Greensboro-Winston-Salem-High Point, NC (#268)
    Core Based Statistical Area (CBSA): Winston-Salem, NC (#49180)
    CBSA Metro Statistical Area: Winston-Salem, NC (#49180)
  • Financial Summary
  • Total assets: $59.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $48,945Cash and due from depository institutions
  • $2,503Interest-bearing balances
  • $27Securities
  • $14,743Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $30,153Loan loss allowance
  • $311Trading account assets
  • $0Bank premises and fixed assets
  • $318Other real estate owned
  • $513Goodwill and other intangibles
  • $715Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $48,945Total liabilities
  • $43,806Total deposits
  • $42,808Interest-bearing deposits
  • $36,829Deposits held in domestic offices
  • 42808.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $200Trading liabilities
  • $0Other borrowed funds
  • $389Subordinated debt
  • $0All other liabilities
  • $409Total equity capital
  • $409Total bank equity capital
  • $5,139Perpetual preferred stock
  • $0Common stock
  • $3,425Surplus
  • $3,480Undivided profits
  • Memoranda
  • $-1,766Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $186Earning assets
  • $44,923Long-term assets (5+ years)
  • $4,578Average Assets, year-to-date
  • $45,003Average Assets, quarterly
  • $47,810Volatile liabilities
  • $10,846Insider loans
  • $599FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,946Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,533Total risk weighted assets
  • $35,477Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,160Total interest expense
  • $1,305Net interest income
  • $1,855Provision for loan and lease losses
  • $47Total noninterest income
  • $420Fiduciary activities
  • $0Service charges on deposit accounts
  • $136Trading account gains & fees
  • $0Additional noninterest income
  • $284Total noninterest expense
  • $1,967Salaries and employee benefits
  • $987Premises and equipment expense
  • $380Additional noninterest expense
  • $600Pre-tax net operating income
  • $261Securities gains (losses)
  • -$26Applicable income taxes
  • -$136Income before extraordinary items
  • $371Extraordinary gains - net
  • $0Net income attributable to bank
  • $371Net charge-offs
  • -$1Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 3.08%Net interest margin
  • 4.38%Noninterest income to earning assets
  • 0.99%Noninterest expense to earning assets
  • 4.65%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 0.52%Return on equity (ROE)
  • 7.22%Retained earnings to average equity (YTD only)
  • 7.22%Net charge-offs to loans
  • -0.00%Credit loss provision to net charge-offs
  • -4700.00%Efficiency ratio
  • 86,462Assets per employee
  • 2.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.05%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 70.44%Net loans and leases to core deposits
  • 92.63%Equity capital to assets
  • 10.50%Core capital (leverage) ratio
  • 11.75%Tier 1 risk-based capital ratio
  • 15.60%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $45,003Average earning assets
  • $5,141Average equity
  • $42,342Average loans

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