Lanier Bank & Trust Company in Cumming, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 09, 1998

  • Lanier Bank & Trust Company in Cumming, Georgia (GA)
  • Show street view No street view available for this location

Lanier Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 26796
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Premier Bank (#26307)
    Federal Reserve ID: 188038
    Date Established: October 08, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 35952
    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: October 08, 1986
    Last Structure Change Effective Date: June 09, 1998
    Last Structure Change Process Date: July 15, 1998
    Last Data Update: July 15, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 214 Dahlonega Road, Cumming, GA 30130
    County: Forsyth
    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: $64.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $71,361Total assets
  • $3,943Cash and due from depository institutions
  • $0Interest-bearing balances
  • $8,332Securities
  • $24,505Federal funds sold & reverse repurchase agreements
  • $31,475Net loans & leases
  • $508Loan loss allowance
  • $0Trading account assets
  • $1,920Bank premises and fixed assets
  • $452Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $734All other assets
  • $71,361Total liabilities and capital
  • $61,840Total liabilities
  • $57,049Total deposits
  • $44,913Interest-bearing deposits
  • $57,049Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,500Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $291All other liabilities
  • $9,521Total equity capital
  • $9,521Total bank equity capital
  • $9,521Perpetual preferred stock
  • $0Common stock
  • $4,022Surplus
  • $3,858Undivided profits
  • Memoranda
  • $1,641Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $226Earning assets
  • $0Long-term assets (5+ years)
  • $245Average Assets, year-to-date
  • $64,312Average Assets, quarterly
  • $885Volatile liabilities
  • $66,967Insider loans
  • $68,161FHLB advances
  • $11,322Loans and leases held for sale
  • $382Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,977Total unused commitments
  • $0Restructured Loans and leases
  • $39,735Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $4,890Total interest income
  • $1,935Total interest expense
  • $2,955Net interest income
  • -$120Provision for loan and lease losses
  • $559Total noninterest income
  • $0Fiduciary activities
  • $451Service charges on deposit accounts
  • $0Trading account gains & fees
  • $108Additional noninterest income
  • $2,412Total noninterest expense
  • $1,393Salaries and employee benefits
  • $295Premises and equipment expense
  • $724Additional noninterest expense
  • $1,222Pre-tax net operating income
  • $5Securities gains (losses)
  • $427Applicable income taxes
  • $800Income before extraordinary items
  • $0Extraordinary gains - net
  • $800Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $49Sale, conversion, retirement of capital stock, net
  • $192Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.13%Yield on earning assets
  • 3.22%Cost of funding earning assets
  • 4.92%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 4.01%Noninterest expense to earning assets
  • 1.19%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 8.78%Return on equity (ROE)
  • 6.67%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • -244.90%Credit loss provision to net charge-offs
  • 22.49%Efficiency ratio
  • 68,640Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.00%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 224.78%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 55.17%Net loans and leases to core deposits
  • 62.67%Equity capital to assets
  • 13.34%Core capital (leverage) ratio
  • 14.81%Tier 1 risk-based capital ratio
  • 23.93%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $66,967Average earning assets
  • $9,113Average equity
  • $60,120Average 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 Lanier Bank & Trust Company.
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