Triad Bank in Greensboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 29, 1996

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

Triad Bank - Overview

  • General
  • FDIC Certificate #: 24082
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Carolina Bank (#2026)
    Federal Reserve ID: 597724
    Date Established: October 29, 1982
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Interstate: No)
    OTS Docket #: 11159
    FDIC's unique #: 16788
    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: October 29, 1982
    Last Structure Change Effective Date: March 29, 1996
    Last Structure Change Process Date: April 18, 1996
    Last Data Update: April 18, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 North Greene Street, Greensboro, NC 27420
    County: Guilford
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC (#3120)
    Combined Statistical Area (CSA): Greensboro-Winston-Salem-High Point, NC (#268)
    Core Based Statistical Area (CBSA): Greensboro-High Point, NC (#24660)
    CBSA Metro Statistical Area: Greensboro-High Point, NC (#24660)
  • Financial Summary
  • Total assets: $205.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $119Total assets
  • $205,076Cash and due from depository institutions
  • $13,372Interest-bearing balances
  • $197Securities
  • $45,385Federal funds sold & reverse repurchase agreements
  • $12,790Net loans & leases
  • $127,474Loan loss allowance
  • $2,571Trading account assets
  • $0Bank premises and fixed assets
  • $3,585Other real estate owned
  • $147Goodwill and other intangibles
  • $2,323Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $205,076Total liabilities
  • $189,235Total deposits
  • $186,123Interest-bearing deposits
  • $143,810Deposits held in domestic offices
  • 186123.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $1,108Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,004Total equity capital
  • $2,004Total bank equity capital
  • $15,841Perpetual preferred stock
  • $0Common stock
  • $4,582Surplus
  • $7,633Undivided profits
  • Memoranda
  • $3,626Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,539Income earned, not collected on loans
  • $745Earning assets
  • $185,846Long-term assets (5+ years)
  • $13,307Average Assets, year-to-date
  • $192,419Average Assets, quarterly
  • $202,163Volatile liabilities
  • $24,421Insider loans
  • $2,864FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $27,096Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,843Total risk weighted assets
  • $137,615Total unused commitments
  • $0Restructured Loans and leases
  • $22,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,589Total interest expense
  • $5,799Net interest income
  • $8,790Provision for loan and lease losses
  • $125Total noninterest income
  • $1,739Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,325Trading account gains & fees
  • $0Additional noninterest income
  • $414Total noninterest expense
  • $8,258Salaries and employee benefits
  • $4,310Premises and equipment expense
  • $1,669Additional noninterest expense
  • $2,279Pre-tax net operating income
  • $2,146Securities gains (losses)
  • $0Applicable income taxes
  • $62Income before extraordinary items
  • $2,084Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,084Net charge-offs
  • $44Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $153Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.48%Cost of funding earning assets
  • 3.37%Net interest margin
  • 5.11%Noninterest income to earning assets
  • 1.01%Noninterest expense to earning assets
  • 4.80%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 1.12%Return on equity (ROE)
  • 14.39%Retained earnings to average equity (YTD only)
  • 14.39%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 284.09%Efficiency ratio
  • 78,431Assets per employee
  • 1.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 167.06%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 68.49%Net loans and leases to core deposits
  • 78.30%Equity capital to assets
  • 7.72%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 11.51%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $192,419Average earning assets
  • $14,482Average equity
  • $172,118Average loans

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