State Bank in Fayetteville, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 03, 1995

  • State Bank in Fayetteville, North Carolina (NC)
  • Show street view No street view available for this location

State Bank - Overview

  • General
  • FDIC Certificate #: 26913
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First-Citizens Bank & Trust Company (#11063)
    Federal Reserve ID: 338525
    Date Established: March 16, 1987
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 10222
    FDIC's unique #: 36297
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 16, 1987
    Last Structure Change Effective Date: March 03, 1995
    Last Structure Change Process Date: April 07, 1995
    Last Data Update: April 07, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 145 Westwood Shopping Center, Fayetteville, NC 28304
    County: Cumberland
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fayetteville, NC (#2560)
    Core Based Statistical Area (CBSA): Fayetteville, NC (#22180)
    CBSA Metro Statistical Area: Fayetteville, NC (#22180)
  • Financial Summary
  • Total assets: $52.2 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)
  • $31Total assets
  • $52,245Cash and due from depository institutions
  • $5,475Interest-bearing balances
  • $1,961Securities
  • $11,628Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $31,735Loan loss allowance
  • $414Trading account assets
  • $0Bank premises and fixed assets
  • $2,135Other real estate owned
  • $333Goodwill and other intangibles
  • $939Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $52,245Total liabilities
  • $45,537Total deposits
  • $45,183Interest-bearing deposits
  • $34,834Deposits held in domestic offices
  • 45183.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $354Total equity capital
  • $354Total bank equity capital
  • $6,708Perpetual preferred stock
  • $0Common stock
  • $2,374Surplus
  • $2,787Undivided profits
  • Memoranda
  • $1,547Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $30Income earned, not collected on loans
  • $212Earning assets
  • $45,324Long-term assets (5+ years)
  • $2,947Average Assets, year-to-date
  • $53,200Average Assets, quarterly
  • $53,789Volatile liabilities
  • $4,103Insider loans
  • $2,269FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,421Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,986Total risk weighted assets
  • $35,916Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,610Total interest expense
  • $1,151Net interest income
  • $2,459Provision for loan and lease losses
  • $20Total noninterest income
  • $696Fiduciary activities
  • $0Service charges on deposit accounts
  • $427Trading account gains & fees
  • $0Additional noninterest income
  • $269Total noninterest expense
  • $2,278Salaries and employee benefits
  • $1,166Premises and equipment expense
  • $363Additional noninterest expense
  • $749Pre-tax net operating income
  • $857Securities gains (losses)
  • $0Applicable income taxes
  • $314Income before extraordinary items
  • $543Extraordinary gains - net
  • $0Net income attributable to bank
  • $543Net charge-offs
  • -$53Cash dividends
  • $0Sale, 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
  • 7.84%Cost of funding earning assets
  • 2.50%Net interest margin
  • 5.34%Noninterest income to earning assets
  • 1.51%Noninterest expense to earning assets
  • 4.95%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 1.61%Return on equity (ROE)
  • 8.33%Retained earnings to average equity (YTD only)
  • 8.33%Net charge-offs to loans
  • -0.17%Credit loss provision to net charge-offs
  • -37.74%Efficiency ratio
  • 71,823Assets per employee
  • 1.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 1380.00%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 70.24%Net loans and leases to core deposits
  • 77.25%Equity capital to assets
  • 12.84%Core capital (leverage) ratio
  • 12.85%Tier 1 risk-based capital ratio
  • 19.45%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $53,200Average earning assets
  • $6,515Average equity
  • $46,027Average loans

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