The Buckhead Community Bank in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 04, 2009

  • The Buckhead Community Bank in Atlanta, Georgia (GA)
  • Show street view No street view available for this location

The Buckhead Community Bank - Overview

  • General
  • FDIC Certificate #: 34663
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: State Bank and Trust Company (#57870)
    Federal Reserve ID: 2640594
    Date Established: Febuary 06, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 61115
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 06, 1998
    Last Structure Change Effective Date: December 04, 2009
    Last Structure Change Process Date: December 07, 2009
    Last Data Update: December 07, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 415 East Paces Ferry Road, 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
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $856.2 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, 2008)

  • Dollar figures in thousands
  • 93Total employees (full-time equivalent)
  • $908,589Total assets
  • $6,169Cash and due from depository institutions
  • $1,138Interest-bearing balances
  • $104,015Securities
  • $23,246Federal funds sold & reverse repurchase agreements
  • $706,196Net loans & leases
  • $12,114Loan loss allowance
  • $0Trading account assets
  • $10,286Bank premises and fixed assets
  • $29,549Other real estate owned
  • $17,320Goodwill and other intangibles
  • $0Life insurance assets
  • $11,808All other assets
  • $908,589Total liabilities and capital
  • $841,348Total liabilities
  • $766,941Total deposits
  • $730,268Interest-bearing deposits
  • $766,941Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $31,035Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,000Other borrowed funds
  • $10,000Subordinated debt
  • $3,372All other liabilities
  • $67,241Total equity capital
  • $67,241Total bank equity capital
  • $67,241Perpetual preferred stock
  • $0Common stock
  • $16Surplus
  • $85,930Undivided profits
  • Memoranda
  • $-18,705Noncurrent loans and leases
  • $75,849Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $84,322Earning assets
  • $10,366Long-term assets (5+ years)
  • $4,567Average Assets, year-to-date
  • $834,595Average Assets, quarterly
  • $122,972Volatile liabilities
  • $915,880Insider loans
  • $916,892FHLB advances
  • $240,677Loans and leases held for sale
  • $10,284Unused loan commitments
  • $30,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,349Total risk weighted assets
  • $75,849Total unused commitments
  • $6,696Restructured Loans and leases
  • $19,788Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $50,994Total interest income
  • $31,053Total interest expense
  • $19,941Net interest income
  • $15,474Provision for loan and lease losses
  • $335Total noninterest income
  • $0Fiduciary activities
  • $361Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$26Additional noninterest income
  • $40,367Total noninterest expense
  • $10,338Salaries and employee benefits
  • $2,492Premises and equipment expense
  • $27,537Additional noninterest expense
  • -$35,565Pre-tax net operating income
  • $249Securities gains (losses)
  • $512Applicable income taxes
  • -$35,828Income before extraordinary items
  • $0Extraordinary gains - net
  • -$35,828Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $13,147Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.15%Yield on earning assets
  • 3.75%Cost of funding earning assets
  • 2.41%Net interest margin
  • 0.04%Noninterest income to earning assets
  • 4.87%Noninterest expense to earning assets
  • -3.94%Net operating income to assets
  • -3.91%Return on assets (ROA)
  • -3.86%Pretax return on assets
  • -37.74%Return on equity (ROE)
  • -38.58%Retained earnings to average equity (YTD only)
  • 1.86%Net charge-offs to loans
  • 117.70%Credit loss provision to net charge-offs
  • -1.53%Efficiency ratio
  • 111,713Assets per employee
  • 9.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.23%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 14.37%Noncurrent assets plus other real estate owned to assets
  • 12.53%Noncurrent loans to loans
  • 11.74%Net loans and leases to deposits
  • 92.08%Net loans and leases to core deposits
  • 121.49%Equity capital to assets
  • 7.40%Core capital (leverage) ratio
  • 5.51%Tier 1 risk-based capital ratio
  • 6.43%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $915,880Average earning assets
  • $94,945Average equity
  • $828,695Average 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 Buckhead Community 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