Colonial Bank in city_name, state_name - Detailed Financial Reports, Location

Colonial Bank in Lawrenceville, Georgia (GA)
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Colonial Bank - Overview

General
FDIC Certificate #: 33024
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colonial Bank (#9609)
Federal Reserve ID: 1462931
Date Established: July 27, 1990
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 15 (Interstate: No)
OTS Docket #: 14231
FDIC's unique #: 46232
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: July 27, 1990
Last Structure Change Effective Date: June 16, 1997
Last Structure Change Process Date: June 25, 1997
Last Data Update: June 25, 1997
Data Source Date: April 05, 2012
Location
Address: 390 Crogan Street, N.W., Lawrenceville, GA 30245
County: Gwinnett
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: $579.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$111Total assets
$485,856Cash and due from depository institutions
$14,849Interest-bearing balances
$1,049Securities
$33,306Federal funds sold & reverse repurchase agreements
$31,600Net loans & leases
$380,285Loan loss allowance
$4,269Trading account assets
$0Bank premises and fixed assets
$12,351Other real estate owned
$2,491Goodwill and other intangibles
$5,690Life insurance assets
$5,284All other assets
$0Total liabilities and capital
$485,856Total liabilities
$445,712Total deposits
$320,458Interest-bearing deposits
$272,161Deposits held in domestic offices
320458.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$66,802Trading liabilities
$0Other borrowed funds
$50,020Subordinated debt
$0All other liabilities
$8,432Total equity capital
$8,432Total bank equity capital
$40,144Perpetual preferred stock
$0Common stock
$7,000Surplus
$25,624Undivided profits
Memoranda
$7,520Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,118Income earned, not collected on loans
$2,764Earning assets
$446,240Long-term assets (5+ years)
$58,190Average Assets, year-to-date
$468,938Average Assets, quarterly
$491,116Volatile liabilities
$162,783Insider loans
$1,360FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$51,706Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$34,858Total risk weighted assets
$339,465Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$37,146Total interest expense
$20,273Net interest income
$16,873Provision for loan and lease losses
$1,902Total noninterest income
$3,003Fiduciary activities
$0Service charges on deposit accounts
$1,459Trading account gains & fees
$0Additional noninterest income
$1,544Total noninterest expense
$12,472Salaries and employee benefits
$6,258Premises and equipment expense
$1,970Additional noninterest expense
$4,244Pre-tax net operating income
$5,502Securities gains (losses)
$0Applicable income taxes
$1,944Income before extraordinary items
$3,558Extraordinary gains - net
$0Net income attributable to bank
$3,558Net charge-offs
$1,002Cash dividends
$0Sale, conversion, retirement of capital stock, net
$18,102Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.82%Cost of funding earning assets
4.81%Net interest margin
4.01%Noninterest income to earning assets
0.71%Noninterest expense to earning assets
2.96%Net operating income to assets
0.76%Return on assets (ROA)
0.76%Pretax return on assets
1.17%Return on equity (ROE)
9.31%Retained earnings to average equity (YTD only)
9.31%Net charge-offs to loans
0.28%Credit loss provision to net charge-offs
189.82%Efficiency ratio
61,929Assets per employee
4.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
103.67%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
1.07%Net loans and leases to deposits
118.67%Net loans and leases to core deposits
138.55%Equity capital to assets
8.26%Core capital (leverage) ratio
7.13%Tier 1 risk-based capital ratio
10.27%Total risk-based capital ratio
Memoranda
$12Average assets
$468,938Average earning assets
$38,223Average equity
$421,243Average loans

Colonial Bank in Lawrenceville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Colonial Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

Colonial Bank in Lawrenceville, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Colonial Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

Colonial Bank in Lawrenceville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches