FDIC Certificate #: 58380 Status: Active Federal Reserve ID: 3433186 Bank Holding Company (Regulatory Top Holder): Private Bancshares, Inc. (RSSDID: 3433195, Location: Atlanta, GA) Date Established: December 11, 2006 WWW:http://www.privatebankofbuckhead.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 #: 449789 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 11, 2006 Last Structure Change Effective Date: December 11, 2006 Last Structure Change Process Date: December 12, 2006 Last Data Update: December 12, 2006 Data Source Date: April 05, 2012
Location
Address: 3565 Piedmont Road, Building Three, Suite 210, Atlanta, GA 30305 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
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $177.0 mil Equity capital: $16.9 mil Deposits held in domestic offices: $147.3 mil Return on assets (ROA): 1.23% ($2.2 mil) Quarterly return on assets: 0.59% ($1.0 mil) Return on Equity (ROE): 13.22% ($2.2 mil) Quarterly return on equity: 6.17% ($1.0 mil) Net income: $2.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.23% ($2,177.1 mil) Quarterly Pretax return on assets: 0.59% ($1,044.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
30Total employees (full-time equivalent)
$177,004Total assets
$3,915Cash and due from depository institutions
$2,414Interest-bearing balances
$17,751Securities
$0Federal funds sold & reverse repurchase agreements
$150,922Net loans & leases
$2,657Loan loss allowance
$0Trading account assets
$441Bank premises and fixed assets
$1,825Other real estate owned
$0Goodwill and other intangibles
$177,005Life insurance assets
$2,150All other assets
$160,066Total liabilities and capital
$147,306Total liabilities
$110,757Total deposits
$147,306Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,000Trading liabilities
$0Other borrowed funds
$760Subordinated debt
$16,939All other liabilities
$16,939Total equity capital
$16,939Total bank equity capital
$0Perpetual preferred stock
$6,250Common stock
$9,250Surplus
$1,439Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,375Income earned, not collected on loans
$0Earning assets
$729Long-term assets (5+ years)
$171,087Average Assets, year-to-date
$27,021Average Assets, quarterly
$168,613Volatile liabilities
$175,499Insider loans
$141,488FHLB advances
$179,790Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$16,644Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$32,805Restructured Loans and leases
$919Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,970Total interest income
$2,399Total interest expense
$7,571Net interest income
$1,076Provision for loan and lease losses
$1,498Total noninterest income
$0Fiduciary activities
$216Service charges on deposit accounts
$0Trading account gains & fees
$1,282Additional noninterest income
$5,878Total noninterest expense
$3,651Salaries and employee benefits
$378Premises and equipment expense
$1,849Additional noninterest expense
$2,115Pre-tax net operating income
-$45Securities gains (losses)
$0Applicable income taxes
$2,070Income before extraordinary items
$0Extraordinary gains - net
$2,070Net income attributable to bank
$0Net charge-offs
$2,070Cash dividends
$271Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.15%Yield on earning assets
1.48%Cost of funding earning assets
4.67%Net interest margin
0.92%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
1.25%Net operating income to assets
1.23%Return on assets (ROA)
1.23%Pretax return on assets
13.22%Return on equity (ROE)
13.22%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
397.05%Credit loss provision to net charge-offs
11.77%Efficiency ratio
64,814Assets per employee
5.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
78.73%Noncurrent assets plus other real estate owned to assets
2.94%Noncurrent loans to loans
2.20%Net loans and leases to deposits
102.45%Net loans and leases to core deposits
133.69%Equity capital to assets
9.57%Core capital (leverage) ratio
9.26%Tier 1 risk-based capital ratio
11.76%Total risk-based capital ratio
Memoranda
$13Average assets
$168,613Average earning assets
$15,662Average equity
$161,997Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
449789
Private Bank Of Buckhead
3565 Piedmont Road, Building Three, Suite 210, Atlanta, GA 30305
December 11, 2006
Full Service Brick and Mortar
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