North Atlanta National Bank in Alpharetta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2007

  • North Atlanta National Bank in Alpharetta, Georgia (GA)
  • Show street view No street view available for this location

North Atlanta National Bank - Overview

  • General
  • FDIC Certificate #: 34661
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Shinhan Bank America (#33188)
    Federal Reserve ID: 2746227
    Date Established: November 16, 1998
    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 #: 61113
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: November 16, 1998
    Last Structure Change Effective Date: December 01, 2007
    Last Structure Change Process Date: December 06, 2007
    Last Data Update: December 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10595 Old Alabama Road Connector, Alpharetta, GA 30022
    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)
  • Financial Summary
  • Total assets: $135.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $134,267Total assets
  • $1,922Cash and due from depository institutions
  • $55Interest-bearing balances
  • $12,407Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $114,159Net loans & leases
  • $1,253Loan loss allowance
  • $0Trading account assets
  • $2,981Bank premises and fixed assets
  • $649Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,149All other assets
  • $134,267Total liabilities and capital
  • $123,961Total liabilities
  • $114,084Total deposits
  • $102,946Interest-bearing deposits
  • $114,084Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,154Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,000Other borrowed funds
  • $1,500Subordinated debt
  • $1,223All other liabilities
  • $10,306Total equity capital
  • $10,306Total bank equity capital
  • $10,306Perpetual preferred stock
  • $0Common stock
  • $4,725Surplus
  • $4,666Undivided profits
  • Memoranda
  • $915Noncurrent loans and leases
  • $25,924Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $703Earning assets
  • $0Long-term assets (5+ years)
  • $652Average Assets, year-to-date
  • $126,621Average Assets, quarterly
  • $15,013Volatile liabilities
  • $129,821Insider loans
  • $133,786FHLB advances
  • $40,173Loans and leases held for sale
  • $2,782Unused loan commitments
  • $4,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $25,924Total unused commitments
  • $0Restructured Loans and leases
  • $2,753Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $9,360Total interest income
  • $4,762Total interest expense
  • $4,598Net interest income
  • $143Provision for loan and lease losses
  • $188Total noninterest income
  • $0Fiduciary activities
  • $86Service charges on deposit accounts
  • $0Trading account gains & fees
  • $102Additional noninterest income
  • $2,711Total noninterest expense
  • $1,425Salaries and employee benefits
  • $261Premises and equipment expense
  • $1,025Additional noninterest expense
  • $1,932Pre-tax net operating income
  • $107Securities gains (losses)
  • $750Applicable income taxes
  • $1,289Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,289Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.68%Yield on earning assets
  • 3.91%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 13.51%Return on equity (ROE)
  • 13.51%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1191.67%Credit loss provision to net charge-offs
  • 172.92%Efficiency ratio
  • 56,644Assets per employee
  • 6.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 178.24%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 100.07%Net loans and leases to core deposits
  • 142.58%Equity capital to assets
  • 7.68%Core capital (leverage) ratio
  • 7.97%Tier 1 risk-based capital ratio
  • 8.39%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $129,821Average earning assets
  • $9,543Average equity
  • $121,946Average 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 North Atlanta 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