FDIC Certificate #: 57580 Status: Active Federal Reserve ID: 3219175 Date Established: October 30, 2003 WWW:http://www.midtownbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 365953 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 30, 2003 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 712 West Peachtree Street, Atlanta, GA 30308 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $194.7 mil Equity capital: $20.8 mil Deposits held in domestic offices: $146.4 mil Return on assets (ROA): 0.14% ($0.3 mil) Quarterly return on assets: 0.25% ($0.5 mil) Return on Equity (ROE): 1.27% ($0.3 mil) Quarterly return on equity: 2.33% ($0.5 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.22% ($428.3 mil) Quarterly Pretax return on assets: 0.39% ($759.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
42Total employees (full-time equivalent)
$194,674Total assets
$6,484Cash and due from depository institutions
$6,078Interest-bearing balances
$54,250Securities
$250Federal funds sold & reverse repurchase agreements
$117,246Net loans & leases
$3,059Loan loss allowance
$0Trading account assets
$4,013Bank premises and fixed assets
$3,333Other real estate owned
$242Goodwill and other intangibles
$194,674Life insurance assets
$8,856All other assets
$173,847Total liabilities and capital
$146,410Total liabilities
$132,458Total deposits
$146,410Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$27,000Trading liabilities
$0Other borrowed funds
$437Subordinated debt
$20,827All other liabilities
$20,827Total equity capital
$20,827Total bank equity capital
$5,360Perpetual preferred stock
$11,367Common stock
$13,440Surplus
$-9,340Undivided profits
Memoranda
$0Noncurrent loans and leases
$7,456Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,078Income earned, not collected on loans
$0Earning assets
$757Long-term assets (5+ years)
$177,824Average Assets, year-to-date
$53,288Average Assets, quarterly
$193,409Volatile liabilities
$192,852Insider loans
$141,343FHLB advances
$188,267Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,560Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,503Restructured Loans and leases
$1,280Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$8,585Total interest income
$2,871Total interest expense
$5,714Net interest income
$1,075Provision for loan and lease losses
$2,548Total noninterest income
$0Fiduciary activities
$167Service charges on deposit accounts
$0Trading account gains & fees
$2,381Additional noninterest income
$6,824Total noninterest expense
$3,974Salaries and employee benefits
$406Premises and equipment expense
$2,444Additional noninterest expense
$363Pre-tax net operating income
$59Securities gains (losses)
$160Applicable income taxes
$262Income before extraordinary items
$0Extraordinary gains - net
$262Net income attributable to bank
$0Net charge-offs
$262Cash dividends
$4,069Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.95%Yield on earning assets
1.66%Cost of funding earning assets
3.30%Net interest margin
1.47%Noninterest income to earning assets
3.94%Noninterest expense to earning assets
0.12%Net operating income to assets
0.14%Return on assets (ROA)
0.22%Pretax return on assets
1.27%Return on equity (ROE)
1.27%Retained earnings to average equity (YTD only)
3.24%Net charge-offs to loans
26.42%Credit loss provision to net charge-offs
0.35%Efficiency ratio
82,595Assets per employee
4.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.54%Loss allowance to noncurrent loans
60.24%Noncurrent assets plus other real estate owned to assets
4.32%Noncurrent loans to loans
4.22%Net loans and leases to deposits
80.08%Net loans and leases to core deposits
88.11%Equity capital to assets
10.70%Core capital (leverage) ratio
8.26%Tier 1 risk-based capital ratio
11.01%Total risk-based capital ratio
Memoranda
$12Average assets
$193,409Average earning assets
$20,591Average equity
$173,263Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
365953
Midtown Bank & Trust Company
712 West Peachtree Street, Atlanta, GA 30308
October 30, 2003
Full Service Brick and Mortar
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