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

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

  • General
  • FDIC Certificate #: 32362
    Status: Active
    Federal Reserve ID: 518073
    Date Established: July 06, 1966
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: Yes)
    OTS Docket #: 18004
    FDIC's unique #: 45196
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 19, 1985
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1349 West Peachtree Street, Suite 100, Atlanta, GA 30309
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $189.8 mil
    Equity capital: $18.6 mil
    Deposits held in domestic offices: $155.5 mil
    Return on assets (ROA): -0.66% (-$1.3 mil)
    Quarterly return on assets: 0.03% ($0.1 mil)
    Return on Equity (ROE): -6.62% (-$1.3 mil)
    Quarterly return on equity: 0.26% ($0.0 mil)
    Net income: -$1.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.66% (-$1,252.7 mil)
    Quarterly Pretax return on assets: 0.03% ($56.9 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, 2011)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $189,800Total assets
  • $44,966Cash and due from depository institutions
  • $43,159Interest-bearing balances
  • $29,472Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $102,307Net loans & leases
  • $3,062Loan loss allowance
  • $0Trading account assets
  • $1,984Bank premises and fixed assets
  • $7,773Other real estate owned
  • $635Goodwill and other intangibles
  • $189,800Life insurance assets
  • $2,663All other assets
  • $171,160Total liabilities and capital
  • $155,494Total liabilities
  • $119,025Total deposits
  • $155,494Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $666Subordinated debt
  • $18,640All other liabilities
  • $18,640Total equity capital
  • $18,640Total bank equity capital
  • $0Perpetual preferred stock
  • $811Common stock
  • $57,708Surplus
  • $-39,879Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,075Income earned, not collected on loans
  • $0Earning assets
  • $557Long-term assets (5+ years)
  • $174,938Average Assets, year-to-date
  • $18,127Average Assets, quarterly
  • $194,930Volatile liabilities
  • $187,471Insider loans
  • $119,561FHLB advances
  • $190,812Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,250Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,374Restructured Loans and leases
  • $926Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,212Total interest income
  • $1,610Total interest expense
  • $6,602Net interest income
  • $1,421Provision for loan and lease losses
  • $3,785Total noninterest income
  • $0Fiduciary activities
  • $318Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,467Additional noninterest income
  • $10,557Total noninterest expense
  • $3,816Salaries and employee benefits
  • $1,281Premises and equipment expense
  • $5,460Additional noninterest expense
  • -$1,591Pre-tax net operating income
  • $302Securities gains (losses)
  • $0Applicable income taxes
  • -$1,289Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,289Net income attributable to bank
  • $0Net charge-offs
  • -$1,289Cash dividends
  • $1,738Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 3.66%Net interest margin
  • 2.10%Noninterest income to earning assets
  • 5.85%Noninterest expense to earning assets
  • -0.82%Net operating income to assets
  • -0.66%Return on assets (ROA)
  • -0.66%Pretax return on assets
  • -6.62%Return on equity (ROE)
  • -6.62%Retained earnings to average equity (YTD only)
  • 1.46%Net charge-offs to loans
  • 81.76%Credit loss provision to net charge-offs
  • -0.10%Efficiency ratio
  • 101,637Assets per employee
  • 4.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.91%Loss allowance to noncurrent loans
  • 75.14%Noncurrent assets plus other real estate owned to assets
  • 6.24%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 65.79%Net loans and leases to core deposits
  • 71.64%Equity capital to assets
  • 9.82%Core capital (leverage) ratio
  • 9.56%Tier 1 risk-based capital ratio
  • 15.26%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $194,930Average earning assets
  • $19,485Average equity
  • $180,558Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045196Bank Of Atlanta1349 West Peachtree Street, Suite 100, Atlanta, GA 30309July 06, 1966Full Service Brick and Mortar
    2492526Duluth Branch1970 Sattellite Blvd, Duluth, GA 30097July 16, 2007Full Service Brick and Mortar

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