United Americas Bank, National Association - Overview
General
FDIC Certificate #: 35065 Status: Inactive Closing history: Corrections Acquiring institution:State Bank and Trust Company (#57870) Federal Reserve ID: 2806112 Date Established: September 20, 1999 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 74370 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 20, 1999 Last Structure Change Effective Date: December 17, 2010 Last Structure Change Process Date: December 20, 2010 Last Data Update: December 20, 2010 Data Source Date: April 05, 2012
Location
Address: 3789 Roswell Road, Atlanta, GA 30342 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
Office Sold
Financial Summary
Total assets: $242.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
32Total employees (full-time equivalent)
$261,120Total assets
$30,926Cash and due from depository institutions
$27,189Interest-bearing balances
$7,105Securities
$0Federal funds sold & reverse repurchase agreements
$199,798Net loans & leases
$7,096Loan loss allowance
$0Trading account assets
$2,190Bank premises and fixed assets
$12,643Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$8,458All other assets
$261,120Total liabilities and capital
$246,997Total liabilities
$196,642Total deposits
$175,696Interest-bearing deposits
$196,642Deposits held in domestic offices
91.55%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$49,500Other borrowed funds
$0Subordinated debt
$855All other liabilities
$14,123Total equity capital
$14,123Total bank equity capital
$14,123Perpetual preferred stock
$0Common stock
$9,500Surplus
$5,520Undivided profits
Memoranda
$-897Noncurrent loans and leases
$8,750Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,014Earning assets
$0Long-term assets (5+ years)
$938Average Assets, year-to-date
$234,092Average Assets, quarterly
$40,518Volatile liabilities
$248,167Insider loans
$256,976FHLB advances
$50,434Loans and leases held for sale
$12,385Unused loan commitments
$49,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,750Total unused commitments
$0Restructured Loans and leases
$2,497Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$11,143Total interest income
$5,762Total interest expense
$5,381Net interest income
$8,943Provision for loan and lease losses
$2,089Total noninterest income
$0Fiduciary activities
$664Service charges on deposit accounts
$0Trading account gains & fees
$1,425Additional noninterest income
$6,646Total noninterest expense
$2,307Salaries and employee benefits
$651Premises and equipment expense
$3,688Additional noninterest expense
-$8,119Pre-tax net operating income
$0Securities gains (losses)
-$2,155Applicable income taxes
-$5,964Income before extraordinary items
$0Extraordinary gains - net
-$5,964Net income attributable to bank
$0Net charge-offs
-$5,964Cash dividends
$4,444Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
2.62%Cost of funding earning assets
2.44%Net interest margin
0.95%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
-2.40%Net operating income to assets
-2.40%Return on assets (ROA)
-3.27%Pretax return on assets
-31.34%Return on equity (ROE)
-33.45%Retained earnings to average equity (YTD only)
2.10%Net charge-offs to loans
201.24%Credit loss provision to net charge-offs
0.19%Efficiency ratio
88,969Assets per employee
8.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
-6.71%Loss allowance to loans
3.43%Loss allowance to noncurrent loans
88.55%Noncurrent assets plus other real estate owned to assets
7.91%Noncurrent loans to loans
3.87%Net loans and leases to deposits
101.60%Net loans and leases to core deposits
123.94%Equity capital to assets
5.41%Core capital (leverage) ratio
5.53%Tier 1 risk-based capital ratio
7.23%Total risk-based capital ratio
Memoranda
$9Average assets
$248,167Average earning assets
$19,028Average equity
$220,326Average loans
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