Clayton National Bank in Morrow, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1993

  • Clayton National Bank in Morrow, Georgia (GA)
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Clayton National Bank - Overview

  • General
  • FDIC Certificate #: 32903
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Southern Crescent Bank (#27363)
    Federal Reserve ID: 1439335
    Date Established: March 08, 1990
    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 #: 45815
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 08, 1990
    Last Structure Change Effective Date: November 13, 1993
    Last Structure Change Process Date: Febuary 08, 1994
    Last Data Update: March 15, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1585 Southlake Parkway, Morrow, GA 30260
    County: Clayton
    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: $50.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $42,171Cash and due from depository institutions
  • $2,050Interest-bearing balances
  • $198Securities
  • $6,375Federal funds sold & reverse repurchase agreements
  • $7,130Net loans & leases
  • $23,255Loan loss allowance
  • $301Trading account assets
  • $0Bank premises and fixed assets
  • $2,601Other real estate owned
  • $395Goodwill and other intangibles
  • $325Life insurance assets
  • $40All other assets
  • $0Total liabilities and capital
  • $42,171Total liabilities
  • $37,418Total deposits
  • $36,825Interest-bearing deposits
  • $31,584Deposits held in domestic offices
  • 36825.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $593Total equity capital
  • $593Total bank equity capital
  • $4,753Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $2,500Undivided profits
  • Memoranda
  • $-247Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $435Income earned, not collected on loans
  • $152Earning assets
  • $36,958Long-term assets (5+ years)
  • $145Average Assets, year-to-date
  • $35,497Average Assets, quarterly
  • $39,263Volatile liabilities
  • $4,537Insider loans
  • $56FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,930Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,713Total risk weighted assets
  • $30,293Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,748Total interest expense
  • $1,216Net interest income
  • $1,532Provision for loan and lease losses
  • $157Total noninterest income
  • $517Fiduciary activities
  • $0Service charges on deposit accounts
  • $220Trading account gains & fees
  • $0Additional noninterest income
  • $297Total noninterest expense
  • $1,629Salaries and employee benefits
  • $772Premises and equipment expense
  • $295Additional noninterest expense
  • $562Pre-tax net operating income
  • $263Securities gains (losses)
  • $37Applicable income taxes
  • $152Income before extraordinary items
  • $148Extraordinary gains - net
  • $152Net income attributable to bank
  • $300Net charge-offs
  • $58Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.22%Cost of funding earning assets
  • 4.08%Net interest margin
  • 5.14%Noninterest income to earning assets
  • 1.73%Noninterest expense to earning assets
  • 5.46%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 1.27%Return on equity (ROE)
  • 6.48%Retained earnings to average equity (YTD only)
  • 6.48%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 270.69%Efficiency ratio
  • 78,624Assets per employee
  • 1.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 69.20%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 63.15%Net loans and leases to core deposits
  • 72.02%Equity capital to assets
  • 11.27%Core capital (leverage) ratio
  • 11.63%Tier 1 risk-based capital ratio
  • 15.56%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $35,497Average earning assets
  • $4,631Average equity
  • $29,812Average loans

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