FDIC Certificate #: 35440 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Crescent Bank and Trust Company (#27559) Federal Reserve ID: 2893831 Date Established: May 02, 2001 WWW:http://www.futurusbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 80039 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: May 02, 2001 Last Structure Change Effective Date: April 01, 2005 Last Structure Change Process Date: April 07, 2005 Last Data Update: April 07, 2005 Data Source Date: April 05, 2012
Location
Address: 5225 Windward Parkway, Alpharetta, GA 30004 County: Fulton 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: $56.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2004)
Dollar figures in thousands
14Total employees (full-time equivalent)
$60,959Total assets
$514Cash and due from depository institutions
$0Interest-bearing balances
$1,118Securities
$4,552Federal funds sold & reverse repurchase agreements
$50,359Net loans & leases
$768Loan loss allowance
$0Trading account assets
$1,923Bank premises and fixed assets
$584Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,910All other assets
$60,959Total liabilities and capital
$55,282Total liabilities
$55,109Total deposits
$52,437Interest-bearing deposits
$55,109Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$173All other liabilities
$5,677Total equity capital
$5,677Total bank equity capital
$5,677Perpetual preferred stock
$0Common stock
$3,750Surplus
$5,781Undivided profits
Memoranda
$-3,854Noncurrent loans and leases
$15,688Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$75Earning assets
$0Long-term assets (5+ years)
$209Average Assets, year-to-date
$56,029Average Assets, quarterly
$413Volatile liabilities
$66,026Insider loans
$63,511FHLB advances
$4,249Loans and leases held for sale
$1,347Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,688Total unused commitments
$0Restructured Loans and leases
$690Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$3,777Total interest income
$1,479Total interest expense
$2,298Net interest income
$70Provision for loan and lease losses
$103Total noninterest income
$0Fiduciary activities
$97Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$2,384Total noninterest expense
$1,210Salaries and employee benefits
$447Premises and equipment expense
$727Additional noninterest expense
-$53Pre-tax net operating income
$22Securities gains (losses)
$0Applicable income taxes
-$31Income before extraordinary items
$0Extraordinary gains - net
-$31Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.20%Yield on earning assets
2.43%Cost of funding earning assets
3.77%Net interest margin
0.17%Noninterest income to earning assets
3.91%Noninterest expense to earning assets
-0.08%Net operating income to assets
-0.05%Return on assets (ROA)
-0.05%Pretax return on assets
-0.55%Return on equity (ROE)
-0.55%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
99,292Assets per employee
4.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
1024.00%Noncurrent assets plus other real estate owned to assets
1.08%Noncurrent loans to loans
0.15%Net loans and leases to deposits
91.38%Net loans and leases to core deposits
99.01%Equity capital to assets
9.31%Core capital (leverage) ratio
8.80%Tier 1 risk-based capital ratio
10.31%Total risk-based capital ratio
Memoranda
$12Average assets
$66,026Average earning assets
$5,590Average equity
$60,932Average loans
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