The Piedmont Bank in city_name, state_name - Detailed Financial Reports, Location

The Piedmont Bank in Norcross, Georgia (GA)
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The Piedmont Bank routing number info

The Piedmont Bank - Overview

General
FDIC Certificate #: 58374
Status: Active
Federal Reserve ID: 3489035
Bank Holding Company (Regulatory Top Holder): Piedmont Bancorp, Inc. (RSSDID: 3812035, Location: Norcross, GA)
Date Established: November 06, 2006
WWW: http://www.piedmontbankonline.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 448818
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: November 06, 2006
Last Structure Change Effective Date: January 05, 2012
Last Structure Change Process Date: January 05, 2012
Last Data Update: January 05, 2012
Data Source Date: April 05, 2012
Location
Address: 5100 Peachtree Parkway, Norcross, GA 30092
County: Gwinnett
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: $356.6 mil
Equity capital: $43.4 mil
Deposits held in domestic offices: $312.7 mil
Return on assets (ROA): 0.22% ($0.8 mil)
Quarterly return on assets: 0.32% ($1.1 mil)
Return on Equity (ROE): 1.84% ($0.8 mil)
Quarterly return on equity: 2.60% ($1.1 mil)
Net income: $0.8 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.39% ($1,390.7 mil)
Quarterly Pretax return on assets: 0.51% ($1,818.6 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
50Total employees (full-time equivalent)
$356,592Total assets
$13,214Cash and due from depository institutions
$6,635Interest-bearing balances
$30,361Securities
$21,395Federal funds sold & reverse repurchase agreements
$239,466Net loans & leases
$1,858Loan loss allowance
$0Trading account assets
$8,866Bank premises and fixed assets
$26,272Other real estate owned
$5,018Goodwill and other intangibles
$356,592Life insurance assets
$12,000All other assets
$313,169Total liabilities and capital
$312,714Total liabilities
$288,661Total deposits
$312,714Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$455Subordinated debt
$43,423All other liabilities
$43,423Total equity capital
$43,423Total bank equity capital
$7,170Perpetual preferred stock
$37Common stock
$34,806Surplus
$1,410Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$14,489Income earned, not collected on loans
$0Earning assets
$977Long-term assets (5+ years)
$297,857Average Assets, year-to-date
$21,839Average Assets, quarterly
$352,387Volatile liabilities
$352,283Insider loans
$270,806FHLB advances
$342,371Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$29,190Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$25,818Restructured Loans and leases
$4,384Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$15,244Total interest income
$3,946Total interest expense
$11,298Net interest income
$481Provision for loan and lease losses
$952Total noninterest income
$0Fiduciary activities
$150Service charges on deposit accounts
$0Trading account gains & fees
$802Additional noninterest income
$10,389Total noninterest expense
$4,455Salaries and employee benefits
$1,591Premises and equipment expense
$4,343Additional noninterest expense
$1,380Pre-tax net operating income
$3Securities gains (losses)
$593Applicable income taxes
$790Income before extraordinary items
$0Extraordinary gains - net
$790Net income attributable to bank
$0Net charge-offs
$790Cash dividends
$81Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.33%Cost of funding earning assets
3.82%Net interest margin
0.32%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.39%Pretax return on assets
1.84%Return on equity (ROE)
1.84%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
593.83%Credit loss provision to net charge-offs
22.98%Efficiency ratio
84,808Assets per employee
7.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.77%Loss allowance to noncurrent loans
12.82%Noncurrent assets plus other real estate owned to assets
11.43%Noncurrent loans to loans
6.00%Net loans and leases to deposits
76.58%Net loans and leases to core deposits
84.64%Equity capital to assets
12.18%Core capital (leverage) ratio
8.53%Tier 1 risk-based capital ratio
10.78%Total risk-based capital ratio
Memoranda
$11Average assets
$352,387Average earning assets
$42,890Average equity
$295,931Average loans

List of branches

3 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	448818	The Piedmont Bank	5100 Peachtree Parkway, Norcross, GA 30092	November 06, 2006	Full Service Brick and Mortar
1	494880	Old Peachtree Road Office Branch	1035 Old Peachtree Road, Nw, Lawrenceville, GA 30043	July 06, 2009	Full Service Brick and Mortar
2	499502	Lawrenceville Branch	185 Gwinnett Drive, Lawrenceville, GA 30046	July 13, 2009	Full Service Brick and Mortar

Hajar Young

⚠

Oct 10, 2022 @ 11:11 am

I am writing on behalf of my daughter Kashae Robinson. She owns a business called the Painted Bunny. She raises bunnies and entertain at children’s events. In March 2022 she received a check from your bank. Assuming the check was payment for one of her events; However; to be on the safe side she did 2 things; she called the bank and inquired about its authenticity and she walked into your bank and presented the check to a customer service representative in full disclosure.

The rep called the police as if she was attempting a fraudulent act.

It seems that a warrant was issued behind this incident. She was arrested and again she has been arrested.

Call me at 404-438-1991 for further details.

The Piedmont Bank in Norcross, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Piedmont Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The Piedmont Bank in Norcross, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

The Piedmont Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The Piedmont Bank in Norcross, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches