NationsBank of Florida, National Association in Valdosta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 29, 1995

  • NationsBank of Florida, National Association in Valdosta, Georgia (GA)
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NationsBank of Florida, National Association - Overview

  • General
  • FDIC Certificate #: 127
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: NationsBank, National Association (South) (#2155)
    Federal Reserve ID: 147231
    Date Established: August 05, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 405 (Interstate: No)
    FDIC's unique #: 95
    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: December 29, 1995
    Last Structure Change Process Date: January 24, 1996
    Last Data Update: January 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 106 South Patterson Street, Valdosta, GA 31601
    County: Lowndes
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Valdosta, GA (#46660)
    CBSA Metro Statistical Area: Valdosta, GA (#46660)
  • History of Changes
  • Merger - Without Assistance
    Corrections
    Change NONGEOFLDOFF from Default
    Change in Location
  • Financial Summary
  • Total assets: $51.6 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)
  • $29Total assets
  • $51,047Cash and due from depository institutions
  • $1,865Interest-bearing balances
  • $0Securities
  • $23,356Federal funds sold & reverse repurchase agreements
  • $1,742Net loans & leases
  • $21,038Loan loss allowance
  • $227Trading account assets
  • $0Bank premises and fixed assets
  • $493Other real estate owned
  • $337Goodwill and other intangibles
  • $2,216Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $51,047Total liabilities
  • $47,974Total deposits
  • $47,566Interest-bearing deposits
  • $39,058Deposits held in domestic offices
  • 47566.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $408Total equity capital
  • $408Total bank equity capital
  • $3,073Perpetual preferred stock
  • $0Common stock
  • $735Surplus
  • $1,610Undivided profits
  • Memoranda
  • $728Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $211Earning assets
  • $46,136Long-term assets (5+ years)
  • $18,065Average Assets, year-to-date
  • $52,472Average Assets, quarterly
  • $51,164Volatile liabilities
  • $7,171Insider loans
  • $2,385FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,246Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,844Total risk weighted assets
  • $26,339Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,293Total interest expense
  • $1,353Net interest income
  • $1,940Provision for loan and lease losses
  • $309Total noninterest income
  • $460Fiduciary activities
  • $0Service charges on deposit accounts
  • $282Trading account gains & fees
  • $0Additional noninterest income
  • $178Total noninterest expense
  • $1,819Salaries and employee benefits
  • $863Premises and equipment expense
  • $263Additional noninterest expense
  • $693Pre-tax net operating income
  • $272Securities gains (losses)
  • $9Applicable income taxes
  • $52Income before extraordinary items
  • $229Extraordinary gains - net
  • $0Net income attributable to bank
  • $229Net charge-offs
  • $408Cash dividends
  • $102Sale, 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
  • 6.82%Cost of funding earning assets
  • 2.80%Net interest margin
  • 4.02%Noninterest income to earning assets
  • 0.95%Noninterest expense to earning assets
  • 3.77%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 0.54%Return on equity (ROE)
  • 6.55%Retained earnings to average equity (YTD only)
  • 3.63%Net charge-offs to loans
  • 1.81%Credit loss provision to net charge-offs
  • 75.74%Efficiency ratio
  • 75,792Assets per employee
  • 1.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.54%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 44.23%Net loans and leases to core deposits
  • 52.08%Equity capital to assets
  • 6.02%Core capital (leverage) ratio
  • 7.36%Tier 1 risk-based capital ratio
  • 14.59%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $52,472Average earning assets
  • $3,497Average equity
  • $48,287Average loans
1
Sheri Bell Coats
Jun 11, 2023 @ 9:09 am
I’m trying to collect unclaimed property from the state of Georgia for my deceased husband from Nations Bank in Valdosta Georgia. There is $240. I am his wife and executor of his estate. I have filed a claim and sent everything to them but they are wanting proof of an address he lived at almost 30 years ago and I thought you may have a record of his account/address. His name is David Scott Coats, DMD. Can someone please contact me concerning this matter?
Thank you for your time and attention.

Sheri Coats (executor)

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