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

This bank is inactive as of June 16, 1997

  • Colonial Bank in Lawrenceville, Georgia (GA)
  • Show street view No street view available for this location

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

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