FDIC Certificate #: 58533 Status: Active Federal Reserve ID: 3613559 Date Established: July 09, 2007 WWW:http://www.viningsbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 455603 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: July 09, 2007 Last Structure Change Effective Date: May 22, 2009 Last Structure Change Process Date: May 26, 2009 Last Data Update: May 26, 2009 Data Source Date: April 05, 2012
Location
Address: 4135 Atlanta Road, Smyrna, GA 30080 County: Cobb 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
Change in Location
Financial Summary
Total assets: $219.9 mil Equity capital: $21.3 mil Deposits held in domestic offices: $187.8 mil Return on assets (ROA): 1.73% ($3.8 mil) Quarterly return on assets: 1.26% ($2.8 mil) Return on Equity (ROE): 18.71% ($3.9 mil) Quarterly return on equity: 12.75% ($2.7 mil) Net income: $3.5 mil Quarterly Net income: $0.7 mil Pretax return on assets: 1.73% ($3,804.6 mil) Quarterly Pretax return on assets: 1.26% ($2,771.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
24Total employees (full-time equivalent)
$219,920Total assets
$10,865Cash and due from depository institutions
$6,186Interest-bearing balances
$113,733Securities
$1,442Federal funds sold & reverse repurchase agreements
$80,605Net loans & leases
$2,540Loan loss allowance
$0Trading account assets
$5,078Bank premises and fixed assets
$5,459Other real estate owned
$0Goodwill and other intangibles
$219,920Life insurance assets
$2,738All other assets
$198,599Total liabilities and capital
$187,830Total liabilities
$168,863Total deposits
$187,830Interest-bearing deposits
$66Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,300Trading liabilities
$0Other borrowed funds
$469Subordinated debt
$21,321All other liabilities
$21,321Total equity capital
$21,321Total bank equity capital
$0Perpetual preferred stock
$10,032Common stock
$12,204Surplus
$-915Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,986Income earned, not collected on loans
$0Earning assets
$1,386Long-term assets (5+ years)
$201,966Average Assets, year-to-date
$118,281Average Assets, quarterly
$205,155Volatile liabilities
$215,868Insider loans
$140,096FHLB advances
$218,145Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,094Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,701Restructured Loans and leases
$753Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,327Total interest income
$2,150Total interest expense
$7,177Net interest income
$140Provision for loan and lease losses
$371Total noninterest income
$0Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$332Additional noninterest income
$4,721Total noninterest expense
$2,340Salaries and employee benefits
$407Premises and equipment expense
$1,974Additional noninterest expense
$2,687Pre-tax net operating income
$856Securities gains (losses)
$0Applicable income taxes
$3,543Income before extraordinary items
$0Extraordinary gains - net
$3,543Net income attributable to bank
$0Net charge-offs
$3,543Cash dividends
$819Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
1.14%Cost of funding earning assets
3.79%Net interest margin
0.20%Noninterest income to earning assets
2.49%Noninterest expense to earning assets
1.31%Net operating income to assets
1.73%Return on assets (ROA)
1.73%Pretax return on assets
18.71%Return on equity (ROE)
18.71%Retained earnings to average equity (YTD only)
0.90%Net charge-offs to loans
17.09%Credit loss provision to net charge-offs
3.45%Efficiency ratio
62,546Assets per employee
9.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.05%Loss allowance to noncurrent loans
85.06%Noncurrent assets plus other real estate owned to assets
3.84%Noncurrent loans to loans
3.59%Net loans and leases to deposits
42.91%Net loans and leases to core deposits
47.08%Equity capital to assets
9.69%Core capital (leverage) ratio
9.21%Tier 1 risk-based capital ratio
14.34%Total risk-based capital ratio
Memoranda
$16Average assets
$205,155Average earning assets
$18,936Average equity
$189,360Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
455603
Vinings Bank
4135 Atlanta Road, Smyrna, GA 30080
July 09, 2007
Full Service Brick and Mortar
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