Cedar Hill National Bank in Charlotte, North Carolina (NC)



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Cedar Hill National Bank routing number info

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Cedar Hill National Bank
GeneralFDIC Certificate #: 34478
Status: Active
Federal Reserve ID: 2651899
Date Established: Febuary 02, 1998
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 57669
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: Febuary 02, 1998
Last Structure Change Effective Date: June 13, 2011
Last Structure Change Process Date: June 30, 2011
Last Data Update: June 30, 2011
Data Source Date: April 05, 2012
LocationAddress: 9401 Southern Pine Blvd., Suite P, Charlotte, NC 28273
County: Mecklenburg
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: 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)
History of ChangesChange in Location
Financial SummaryTotal assets: $11.3 mil
Equity capital: $8.8 mil
Deposits held in domestic offices: $2.0 mil
Return on assets (ROA): 5.37% ($0.6 mil)
Quarterly return on assets: 5.72% ($0.6 mil)
Return on Equity (ROE): 6.97% ($0.6 mil)
Quarterly return on equity: 7.58% ($0.7 mil)
Net income: $0.6 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 8.76% ($993.8 mil)
Quarterly Pretax return on assets: 9.34% ($1,059.6 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)
Total employees (full-time equivalent)33
Total assets$11,345
Cash and due from depository institutions$2,207
Interest-bearing balances$1,448
Securities$7,885
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$146
Loan loss allowance $0
Trading account assets$0
Bank premises and fixed assets$153
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$954
Life insurance assets$11,344
Total liabilities and capital$2,588
Total liabilities$2,000
Total deposits$2,000
Interest-bearing deposits$2,000
Deposits held in domestic offices$13
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $588
All other liabilities $8,756
Total equity capital$8,756
Total bank equity capital$8,756
Perpetual preferred stock$2,275
Common stock$2,338
Surplus$4,071
Undivided profits $72
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $146
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $0
Average Assets, year-to-date $9,479
Average Assets, quarterly $0
Volatile liabilities $11,279
Insider loans $11,477
FHLB advances $4,630
Loans and leases held for sale $11,297
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,684
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $117,904
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $74
Total interest expense $9
Net interest income $65
Provision for loan and lease losses $0
Total noninterest income $3,684
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $3,684
Total noninterest expense $2,761
Salaries and employee benefits $1,099
Premises and equipment expense $265
Additional noninterest expense $1,397
Pre-tax net operating income $988
Securities gains (losses) $0
Applicable income taxes $382
Income before extraordinary items $606
Extraordinary gains - net $0
Net income attributable to bank $606
Net charge-offs $0
Cash dividends $606
Sale, conversion, retirement of capital stock, net $0
Net operating income $500
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.78%
Cost of funding earning assets 0.09%
Net interest margin 0.68%
Noninterest income to earning assets 38.77%
Noninterest expense to earning assets 29.06%
Net operating income to assets 5.37%
Return on assets (ROA) 5.37%
Pretax return on assets 8.76%
Return on equity (ROE) 6.97%
Retained earnings to average equity (YTD only) 1.22%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$73,646
Cash dividends to net income (YTD only)0.34%
Condition Ratios (%)
Loss allowance to loans 82.51%
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 deposits0.00%
Net loans and leases to core deposits 7.30%
Equity capital to assets 7.30%
Core capital (leverage) ratio 77.18%
Tier 1 risk-based capital ratio 76.87%
Total risk-based capital ratio 187.56%
Memoranda
Average assets$188
Average earning assets$11,279
Average equity $8,698
Average loans $9,502
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1 North Carolina Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
057669Cedar Hill National Bank9401 Southern Pine Blvd., Suite P, Charlotte, NC 28273Febuary 02, 1998Full Service Brick and Mortar
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