Alliance Bank & Trust Company in Gastonia, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

Alliance Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 57733
    Status: Active
    Federal Reserve ID: 3276543
    Bank Holding Company (Regulatory Top Holder): Ab&T Financial Corporation (RSSDID: 3706684, Location: Gastonia, NC)
    Date Established: September 08, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 423245
    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: September 08, 2004
    Last Structure Change Effective Date: September 03, 2008
    Last Structure Change Process Date: October 07, 2008
    Last Data Update: October 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 292 West Main Ave, Gastonia, NC 28054
    County: Gaston
    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): Charlotte-Gastonia-Rock Hill, NC-SC (#1520)
    Combined Statistical Area (CSA): Charlotte-Gastonia-Salisbury, NC-SC (#172)
    Core Based Statistical Area (CBSA): Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
    CBSA Metro Statistical Area: Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
  • Financial Summary
  • Total assets: $225.4 mil
    Equity capital: $19.2 mil
    Deposits held in domestic offices: $186.8 mil
    Return on assets (ROA): -1.12% (-$2.5 mil)
    Quarterly return on assets: 0.03% ($0.1 mil)
    Return on Equity (ROE): -11.67% (-$2.2 mil)
    Quarterly return on equity: 0.38% ($0.1 mil)
    Net income: -$2.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -1.10% (-$2,479.3 mil)
    Quarterly Pretax return on assets: 0.03% ($67.6 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
  • 36Total employees (full-time equivalent)
  • $225,395Total assets
  • $12,936Cash and due from depository institutions
  • $9,494Interest-bearing balances
  • $36,584Securities
  • $1,199Federal funds sold & reverse repurchase agreements
  • $160,131Net loans & leases
  • $2,908Loan loss allowance
  • $0Trading account assets
  • $3,704Bank premises and fixed assets
  • $5,605Other real estate owned
  • $0Goodwill and other intangibles
  • $225,394Life insurance assets
  • $5,236All other assets
  • $206,210Total liabilities and capital
  • $186,827Total liabilities
  • $175,436Total deposits
  • $186,827Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,000Trading liabilities
  • $0Other borrowed funds
  • $383Subordinated debt
  • $19,184All other liabilities
  • $19,184Total equity capital
  • $19,184Total bank equity capital
  • $0Perpetual preferred stock
  • $8,035Common stock
  • $19,997Surplus
  • $-8,848Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,214Income earned, not collected on loans
  • $0Earning assets
  • $686Long-term assets (5+ years)
  • $207,408Average Assets, year-to-date
  • $34,186Average Assets, quarterly
  • $211,672Volatile liabilities
  • $220,598Insider loans
  • $156,288FHLB advances
  • $221,269Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,403Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,008Restructured Loans and leases
  • $6,612Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,238Total interest income
  • $2,087Total interest expense
  • $6,151Net interest income
  • $1,865Provision for loan and lease losses
  • -$40Total noninterest income
  • $0Fiduciary activities
  • $400Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$440Additional noninterest income
  • $6,636Total noninterest expense
  • $2,671Salaries and employee benefits
  • $361Premises and equipment expense
  • $3,604Additional noninterest expense
  • -$2,390Pre-tax net operating income
  • $52Securities gains (losses)
  • $31Applicable income taxes
  • -$2,369Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,369Net income attributable to bank
  • $0Net charge-offs
  • -$2,369Cash dividends
  • $4,183Sale, conversion, retirement of capital stock, net
  • $43Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.17%Net interest margin
  • -0.02%Noninterest income to earning assets
  • 3.42%Noninterest expense to earning assets
  • -1.14%Net operating income to assets
  • -1.12%Return on assets (ROA)
  • -1.10%Pretax return on assets
  • -11.67%Return on equity (ROE)
  • -11.88%Retained earnings to average equity (YTD only)
  • 2.55%Net charge-offs to loans
  • 44.59%Credit loss provision to net charge-offs
  • -0.13%Efficiency ratio
  • 108,591Assets per employee
  • 6.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -1.82%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 23.81%Noncurrent assets plus other real estate owned to assets
  • 7.91%Noncurrent loans to loans
  • 7.49%Net loans and leases to deposits
  • 85.71%Net loans and leases to core deposits
  • 113.42%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 7.87%Tier 1 risk-based capital ratio
  • 11.14%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $211,672Average earning assets
  • $20,302Average equity
  • $194,307Average loans

List of branches

  • 6 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0423245Alliance Bank & Trust Company292 West Main Ave, Gastonia, NC 28054September 08, 2004Full Service Brick and Mortar
    1431707Shelby Branch412 S. Dekalb St., Shelby, NC 28150September 08, 2004Full Service Brick and Mortar
    2463392Limited Service Branch292 West Main Ave, Gastonia, NC 28054November 15, 2004Limited Service Loan Production
    3468438Courier Service292 West Main Avenue, Gastonia, NC 28054September 26, 2006Limited Service Messenger
    4479896Kings Mountain Branch209 South Battleground Ave, Kings Mountain, NC 28086May 01, 2008Full Service Retail
    5479897Union Road Branch2227 Union Road, Gastonia, NC 28054June 01, 2008Full Service Brick and Mortar

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