NationsBank, National Association (South) in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1997

  • NationsBank, National Association (South) in Atlanta, Georgia (GA)
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NationsBank, National Association (South) - Overview

  • General
  • FDIC Certificate #: 2155
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 372930
    Date Established: January 01, 1887
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 753 (Interstate: No)
    FDIC's unique #: 1424
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 1997
    Last Structure Change Process Date: June 23, 1997
    Last Data Update: June 23, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Peachtree Street, N.E., 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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $46,058.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11,734Total assets
  • $46,776,149Cash and due from depository institutions
  • $2,109,115Interest-bearing balances
  • $28,835Securities
  • $5,184,567Federal funds sold & reverse repurchase agreements
  • $4,369,989Net loans & leases
  • $31,910,283Loan loss allowance
  • $546,450Trading account assets
  • $385,986Bank premises and fixed assets
  • $597,811Other real estate owned
  • $58,284Goodwill and other intangibles
  • $1,204,158Life insurance assets
  • $955,956All other assets
  • $0Total liabilities and capital
  • $46,776,149Total liabilities
  • $42,902,477Total deposits
  • $36,681,610Interest-bearing deposits
  • $29,426,566Deposits held in domestic offices
  • 36681610.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $2,887,747Trading liabilities
  • $7,710Other borrowed funds
  • $1,270,851Subordinated debt
  • $450,000All other liabilities
  • $1,604,559Total equity capital
  • $1,604,559Total bank equity capital
  • $3,873,672Perpetual preferred stock
  • $72,535Common stock
  • $1,044,611Surplus
  • $1,807,713Undivided profits
  • Memoranda
  • $948,813Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $312,241Income earned, not collected on loans
  • $241,173Earning assets
  • $41,871,155Long-term assets (5+ years)
  • $6,156,860Average Assets, year-to-date
  • $47,022,697Average Assets, quarterly
  • $48,121,210Volatile liabilities
  • $9,736,929Insider loans
  • $423,010FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $16,692,990Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,899,359Total risk weighted assets
  • $36,001,142Total unused commitments
  • $0Restructured Loans and leases
  • $7,854,840Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,120,833Total interest expense
  • $1,421,267Net interest income
  • $1,699,566Provision for loan and lease losses
  • $126,600Total noninterest income
  • $601,233Fiduciary activities
  • $89,314Service charges on deposit accounts
  • $347,675Trading account gains & fees
  • $4,097Additional noninterest income
  • $160,147Total noninterest expense
  • $1,532,794Salaries and employee benefits
  • $434,035Premises and equipment expense
  • $203,160Additional noninterest expense
  • $895,599Pre-tax net operating income
  • $641,405Securities gains (losses)
  • $35,666Applicable income taxes
  • $257,311Income before extraordinary items
  • $419,760Extraordinary gains - net
  • $0Net income attributable to bank
  • $419,760Net charge-offs
  • $80,369Cash dividends
  • $1,074,607Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.40%Cost of funding earning assets
  • 3.37%Net interest margin
  • 4.03%Noninterest income to earning assets
  • 1.43%Noninterest expense to earning assets
  • 3.64%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 1.44%Return on equity (ROE)
  • 10.37%Retained earnings to average equity (YTD only)
  • -16.18%Net charge-offs to loans
  • 0.25%Credit loss provision to net charge-offs
  • 157.52%Efficiency ratio
  • 63,657Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 256.01%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 175.01%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 86.99%Net loans and leases to core deposits
  • 103.41%Equity capital to assets
  • 8.28%Core capital (leverage) ratio
  • 6.46%Tier 1 risk-based capital ratio
  • 8.05%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $47,022,697Average earning assets
  • $4,047,629Average equity
  • $42,152,545Average loans

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