Vinings Bank & Trust, National Association in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1993

  • Vinings Bank & Trust, National Association in Atlanta, Georgia (GA)
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Vinings Bank & Trust, National Association - Overview

  • General
  • FDIC Certificate #: 27088
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Summit National Bank (#27199)
    Federal Reserve ID: 1158177
    Date Established: October 23, 1987
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 38734
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 23, 1987
    Last Structure Change Effective Date: December 31, 1993
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 2727 Paces Ferry Road, N.W., Suite 100, Atlanta, GA 30339
    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)
  • Financial Summary
  • Total assets: $20.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $39,479Cash and due from depository institutions
  • $1,749Interest-bearing balances
  • $0Securities
  • $5,254Federal funds sold & reverse repurchase agreements
  • $15,510Net loans & leases
  • $15,475Loan loss allowance
  • $1,095Trading account assets
  • $0Bank premises and fixed assets
  • $369Other real estate owned
  • $527Goodwill and other intangibles
  • $595Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $39,479Total liabilities
  • $36,900Total deposits
  • $35,626Interest-bearing deposits
  • $28,133Deposits held in domestic offices
  • 35626.00%% insured (estimated)
  • $65Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,274Total equity capital
  • $1,274Total bank equity capital
  • $2,579Perpetual preferred stock
  • $0Common stock
  • $3,750Surplus
  • $3,938Undivided profits
  • Memoranda
  • $-5,109Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $756Income earned, not collected on loans
  • $193Earning assets
  • $36,239Long-term assets (5+ years)
  • $534Average Assets, year-to-date
  • $37,848Average Assets, quarterly
  • $37,571Volatile liabilities
  • $3,454Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,789Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,579Total risk weighted assets
  • $19,656Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,518Total interest expense
  • $1,320Net interest income
  • $1,198Provision for loan and lease losses
  • $72Total noninterest income
  • $249Fiduciary activities
  • $0Service charges on deposit accounts
  • $210Trading account gains & fees
  • $0Additional noninterest income
  • $39Total noninterest expense
  • $2,048Salaries and employee benefits
  • $782Premises and equipment expense
  • $459Additional noninterest expense
  • $807Pre-tax net operating income
  • -$673Securities gains (losses)
  • $69Applicable income taxes
  • $0Income before extraordinary items
  • -$604Extraordinary gains - net
  • $0Net income attributable to bank
  • -$604Net charge-offs
  • $829Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.36%Cost of funding earning assets
  • 3.86%Net interest margin
  • 3.50%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 5.98%Net operating income to assets
  • -1.78%Return on assets (ROA)
  • -1.60%Pretax return on assets
  • -1.60%Return on equity (ROE)
  • -20.80%Retained earnings to average equity (YTD only)
  • -20.80%Net charge-offs to loans
  • 3.59%Credit loss provision to net charge-offs
  • 8.69%Efficiency ratio
  • 139,945Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.61%Loss allowance to noncurrent loans
  • 144.84%Noncurrent assets plus other real estate owned to assets
  • 3.25%Noncurrent loans to loans
  • 4.56%Net loans and leases to deposits
  • 43.44%Net loans and leases to core deposits
  • 48.10%Equity capital to assets
  • 6.53%Core capital (leverage) ratio
  • 7.20%Tier 1 risk-based capital ratio
  • 13.12%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $37,848Average earning assets
  • $2,904Average equity
  • $34,227Average loans

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