Bank of America Georgia, National Association in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 2008

  • Bank of America Georgia, National Association in Atlanta, Georgia (GA)
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Bank of America Georgia, National Association - Overview

  • General
  • FDIC Certificate #: 57117
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#3510)
    Federal Reserve ID: 2962652
    Date Established: Febuary 13, 2001
    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 #: 357985
    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: Febuary 13, 2001
    Last Structure Change Effective Date: June 30, 2008
    Last Structure Change Process Date: July 09, 2008
    Last Data Update: July 09, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Peachtree Street, Northeast, Atlanta, GA 30308
    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: $92.8 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, 2007)

  • Dollar figures in thousands
  • 1Total employees (full-time equivalent)
  • $92,192Total assets
  • $112Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $76,959Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $15,121All other assets
  • $92,192Total liabilities and capital
  • $565Total liabilities
  • $500Total deposits
  • $500Interest-bearing deposits
  • $500Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $65All other liabilities
  • $91,627Total equity capital
  • $91,627Total bank equity capital
  • $91,627Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $86,321Undivided profits
  • Memoranda
  • $1,306Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $76,959Average Assets, quarterly
  • $0Volatile liabilities
  • $376,772Insider loans
  • $94,021FHLB advances
  • $500Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $14,739Total interest income
  • $7,211Total interest expense
  • $7,528Net interest income
  • $0Provision for loan and lease losses
  • $429Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $429Additional noninterest income
  • $263Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $263Additional noninterest expense
  • $7,694Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,590Applicable income taxes
  • $5,104Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,104Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 2.05%Cost of funding earning assets
  • 2.14%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 0.07%Noninterest expense to earning assets
  • 1.35%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 2.04%Pretax return on assets
  • 3.00%Return on equity (ROE)
  • 3.00%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 3,305Assets per employee
  • 92.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 99.39%Core capital (leverage) ratio
  • 102.12%Tier 1 risk-based capital ratio
  • 578.49%Total risk-based capital ratio
  • Memoranda
  • $578Average assets
  • $376,772Average earning assets
  • $169,928Average equity
  • $351,603Average loans

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