The Atlanta National Bank in Atlanta, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1995

The Atlanta National Bank in Atlanta, Texas (TX)
Show street view No street view available for this location

The Atlanta National Bank - Overview

General
FDIC Certificate #: 3082
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State First National Bank (#22695)
Federal Reserve ID: 267054
Date Established: April 16, 1905
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 1963
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 01, 1995
Last Structure Change Process Date: October 24, 1995
Last Data Update: October 24, 1995
Data Source Date: April 05, 2012
Location
Address: Main Street, Atlanta, TX 75551
County: Cass
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $70.6 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)
$28Total assets
$78,005Cash and due from depository institutions
$7,494Interest-bearing balances
$0Securities
$49,860Federal funds sold & reverse repurchase agreements
$250Net loans & leases
$15,873Loan loss allowance
$390Trading account assets
$0Bank premises and fixed assets
$2,174Other real estate owned
$274Goodwill and other intangibles
$1,075Life insurance assets
$1,005All other assets
$0Total liabilities and capital
$78,005Total liabilities
$71,464Total deposits
$71,114Interest-bearing deposits
$62,985Deposits held in domestic offices
71114.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$350Total equity capital
$350Total bank equity capital
$6,541Perpetual preferred stock
$0Common stock
$651Surplus
$4,049Undivided profits
Memoranda
$1,841Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$222Income earned, not collected on loans
$105Earning assets
$65,983Long-term assets (5+ years)
$5,918Average Assets, year-to-date
$75,427Average Assets, quarterly
$76,943Volatile liabilities
$5,413Insider loans
$248FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$725Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,947Total risk weighted assets
$26,841Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,112Total interest expense
$1,903Net interest income
$2,209Provision for loan and lease losses
-$507Total noninterest income
$434Fiduciary activities
$0Service charges on deposit accounts
$337Trading account gains & fees
$0Additional noninterest income
$97Total noninterest expense
$1,903Salaries and employee benefits
$763Premises and equipment expense
$263Additional noninterest expense
$877Pre-tax net operating income
$1,247Securities gains (losses)
$0Applicable income taxes
$303Income before extraordinary items
$944Extraordinary gains - net
$0Net income attributable to bank
$944Net charge-offs
-$126Cash dividends
$100Sale, 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
6.21%Cost of funding earning assets
2.87%Net interest margin
3.33%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
2.87%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
1.65%Return on equity (ROE)
15.40%Retained earnings to average equity (YTD only)
13.77%Net charge-offs to loans
-0.83%Credit loss provision to net charge-offs
402.38%Efficiency ratio
69,429Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.59%Loss allowance to loans
2.40%Loss allowance to noncurrent loans
175.68%Noncurrent assets plus other real estate owned to assets
0.64%Noncurrent loans to loans
1.37%Net loans and leases to deposits
22.32%Net loans and leases to core deposits
24.16%Equity capital to assets
8.39%Core capital (leverage) ratio
7.89%Tier 1 risk-based capital ratio
22.16%Total risk-based capital ratio
Memoranda
$23Average assets
$75,427Average earning assets
$6,131Average equity
$66,242Average 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 The 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.