Greensboro National Bank in Greensboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1995

  • Greensboro National Bank in Greensboro, North Carolina (NC)
  • Show street view No street view available for this location

Greensboro National Bank - Overview

  • General
  • FDIC Certificate #: 20534
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mutual Community Savings Bank, SSB (#30118)
    Federal Reserve ID: 474928
    Date Established: November 02, 1971
    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 #: 14171
    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: November 02, 1971
    Last Structure Change Effective Date: September 30, 1995
    Last Structure Change Process Date: October 30, 1995
    Last Data Update: October 30, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South Murrow Boulevard, Greensboro, NC 27401
    County: Guilford
    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): Greensboro-High Point, NC (#24660)
    CBSA Metro Statistical Area: Greensboro-High Point, NC (#24660)
  • Financial Summary
  • Total assets: $16.4 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)
  • $14Total assets
  • $19,443Cash and due from depository institutions
  • $1,612Interest-bearing balances
  • $265Securities
  • $7,178Federal funds sold & reverse repurchase agreements
  • $2,034Net loans & leases
  • $7,452Loan loss allowance
  • $319Trading account assets
  • $0Bank premises and fixed assets
  • $321Other real estate owned
  • $202Goodwill and other intangibles
  • $644Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $19,443Total liabilities
  • $18,711Total deposits
  • $18,418Interest-bearing deposits
  • $14,676Deposits held in domestic offices
  • 18418.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $293Total equity capital
  • $293Total bank equity capital
  • $732Perpetual preferred stock
  • $0Common stock
  • $376Surplus
  • $403Undivided profits
  • Memoranda
  • $-47Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $80Income earned, not collected on loans
  • $7Earning assets
  • $16,929Long-term assets (5+ years)
  • $996Average Assets, year-to-date
  • $20,301Average Assets, quarterly
  • $19,795Volatile liabilities
  • $1,391Insider loans
  • $120FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $626Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $914Total risk weighted assets
  • $7,060Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,322Total interest expense
  • $462Net interest income
  • $860Provision for loan and lease losses
  • $35Total noninterest income
  • $341Fiduciary activities
  • $0Service charges on deposit accounts
  • $220Trading account gains & fees
  • $0Additional noninterest income
  • $121Total noninterest expense
  • $1,551Salaries and employee benefits
  • $583Premises and equipment expense
  • $74Additional noninterest expense
  • $894Pre-tax net operating income
  • -$385Securities gains (losses)
  • $0Applicable income taxes
  • -$81Income before extraordinary items
  • -$304Extraordinary gains - net
  • $0Net income attributable to bank
  • -$304Net charge-offs
  • $64Cash 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
  • 7.71%Cost of funding earning assets
  • 2.70%Net interest margin
  • 5.02%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 9.05%Net operating income to assets
  • -1.50%Return on assets (ROA)
  • -1.50%Pretax return on assets
  • -1.90%Return on equity (ROE)
  • -28.04%Retained earnings to average equity (YTD only)
  • -28.04%Net charge-offs to loans
  • 0.74%Credit loss provision to net charge-offs
  • 54.69%Efficiency ratio
  • 129,142Assets per employee
  • 1.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.11%Loss allowance to noncurrent loans
  • 398.75%Noncurrent assets plus other real estate owned to assets
  • 1.45%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 40.46%Net loans and leases to core deposits
  • 43.77%Equity capital to assets
  • 3.76%Core capital (leverage) ratio
  • 4.44%Tier 1 risk-based capital ratio
  • 12.95%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $20,301Average earning assets
  • $1,084Average equity
  • $17,141Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Greensboro National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents