Alamance Bank in Graham, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 2006

  • Alamance Bank in Graham, North Carolina (NC)
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Alamance Bank - Overview

  • General
  • FDIC Certificate #: 34676
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Communityone Bank, National Association (#4879)
    Federal Reserve ID: 2730356
    Date Established: September 14, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 61128
    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: September 14, 1998
    Last Structure Change Effective Date: Febuary 01, 2006
    Last Structure Change Process Date: March 29, 2006
    Last Data Update: March 29, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1128 South Main Street, Graham, NC 27253
    County: Alamance
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    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): Burlington, NC (#15500)
    CBSA Metro Statistical Area: Burlington, NC (#15500)
  • Financial Summary
  • Total assets: $160.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $160,323Total assets
  • $3,276Cash and due from depository institutions
  • $1,350Interest-bearing balances
  • $32,504Securities
  • $1,694Federal funds sold & reverse repurchase agreements
  • $94,795Net loans & leases
  • $1,554Loan loss allowance
  • $0Trading account assets
  • $4,091Bank premises and fixed assets
  • $119Other real estate owned
  • $16,291Goodwill and other intangibles
  • $0Life insurance assets
  • $7,553All other assets
  • $160,323Total liabilities and capital
  • $136,877Total liabilities
  • $111,422Total deposits
  • $97,851Interest-bearing deposits
  • $111,422Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $70Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $21,383Other borrowed funds
  • $2,500Subordinated debt
  • $1,502All other liabilities
  • $23,446Total equity capital
  • $23,446Total bank equity capital
  • $23,446Perpetual preferred stock
  • $0Common stock
  • $6,562Surplus
  • $16,909Undivided profits
  • Memoranda
  • $-25Noncurrent loans and leases
  • $10,554Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,629Earning assets
  • $949Long-term assets (5+ years)
  • $624Average Assets, year-to-date
  • $130,343Average Assets, quarterly
  • $36,058Volatile liabilities
  • $150,561Insider loans
  • $152,313FHLB advances
  • $50,701Loans and leases held for sale
  • $1,046Unused loan commitments
  • $21,383Tier 1 (core) risk-based capital
  • $3,963Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,554Total unused commitments
  • $458Restructured Loans and leases
  • $2,306Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,558Total interest income
  • $694Total interest expense
  • $864Net interest income
  • $100Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $38Service charges on deposit accounts
  • $0Trading account gains & fees
  • $72Additional noninterest income
  • $699Total noninterest expense
  • $341Salaries and employee benefits
  • $88Premises and equipment expense
  • $270Additional noninterest expense
  • $175Pre-tax net operating income
  • $0Securities gains (losses)
  • $49Applicable income taxes
  • $126Income before extraordinary items
  • $0Extraordinary gains - net
  • $126Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$50Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.16%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 0.64%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 0.08%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.12%Pretax return on assets
  • 0.95%Return on equity (ROE)
  • 0.95%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • -200.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,610Assets per employee
  • 4.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 95.40%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.69%Net loans and leases to deposits
  • 85.08%Net loans and leases to core deposits
  • 145.19%Equity capital to assets
  • 14.62%Core capital (leverage) ratio
  • 5.26%Tier 1 risk-based capital ratio
  • 7.01%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $150,561Average earning assets
  • $13,296Average equity
  • $134,457Average loans

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