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- Banks in Alabama (AL)
- Colonial Bank
Colonial Bank in Montgomery, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of August 14, 2009
- Colonial Bank in Montgomery, Alabama (AL)
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Colonial Bank - Overview
- General
- FDIC Certificate #: 9609
Status: Inactive
Closing history: Corrections
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 570231
Date Established: January 02, 1917
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 361 (Interstate: No)
OTS Docket #: 10300
FDIC's unique #: 6138
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 14, 2009
Last Structure Change Process Date: August 18, 2009
Last Data Update: August 18, 2009
Data Source Date: April 05, 2012 - Location
- Address: 100 Colonial Bank Boulevard, Montgomery, AL 36117
County: Montgomery
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Montgomery
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Montgomery, AL (#5240)
Combined Statistical Area (CSA): Montgomery-Alexander City, AL (#388)
Core Based Statistical Area (CBSA): Montgomery, AL (#33860)
CBSA Metro Statistical Area: Montgomery, AL (#33860) - History of Changes
- Absorption - Assisted
Corrections - Financial Summary
- Total assets: $25,455.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
- Dollar figures in thousands
- 4,805Total employees (full-time equivalent)
- $25,638,730Total assets
- $2,016,322Cash and due from depository institutions
- $1,533,575Interest-bearing balances
- $3,306,091Securities
- $1,563,799Federal funds sold & reverse repurchase agreements
- $16,180,314Net loans & leases
- $320,000Loan loss allowance
- $0Trading account assets
- $557,313Bank premises and fixed assets
- $127,850Other real estate owned
- $481,662Goodwill and other intangibles
- $524,557Life insurance assets
- $1,405,379All other assets
- $25,638,730Total liabilities and capital
- $24,198,675Total liabilities
- $18,778,726Total deposits
- $15,956,761Interest-bearing deposits
- $18,561,602Deposits held in domestic offices
- 0.00%% insured (estimated)
- $472,706Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $4,020,223Other borrowed funds
- $360,057Subordinated debt
- $566,963All other liabilities
- $1,440,055Total equity capital
- $1,440,055Total bank equity capital
- $1,440,055Perpetual preferred stock
- $0Common stock
- $22Surplus
- $2,352,908Undivided profits
- Memoranda
- $-912,875Noncurrent loans and leases
- $2,691,101Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $616,832Earning assets
- $0Long-term assets (5+ years)
- $93,547Average Assets, year-to-date
- $22,583,779Average Assets, quarterly
- $5,103,243Volatile liabilities
- $26,217,505Insider loans
- $25,930,849FHLB advances
- $5,572,217Loans and leases held for sale
- $57,011Unused loan commitments
- $3,301,722Tier 1 (core) risk-based capital
- $2,106,755Tier 2 risk-based capital
- $2,082,248Total risk weighted assets
- $2,691,101Total unused commitments
- $354Restructured Loans and leases
- $520,015Derivatives
- $1Total assets and liabilities in foreign offices
Income and Expense (December 31, 2008)
- Dollar figures in thousands
- $1,385,615Total interest income
- $702,183Total interest expense
- $683,432Net interest income
- $723,942Provision for loan and lease losses
- $179,416Total noninterest income
- $315Fiduciary activities
- $76,291Service charges on deposit accounts
- $0Trading account gains & fees
- $102,810Additional noninterest income
- $1,223,008Total noninterest expense
- $288,726Salaries and employee benefits
- $154,179Premises and equipment expense
- $780,103Additional noninterest expense
- -$1,084,102Pre-tax net operating income
- $5,836Securities gains (losses)
- -$229,258Applicable income taxes
- -$849,008Income before extraordinary items
- $0Extraordinary gains - net
- -$849,008Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $642,787Sale, conversion, retirement of capital stock, net
- $58,000Net operating income
Performance and Condition Ratios (December 31, 2008)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 6.05%Yield on earning assets
- 3.07%Cost of funding earning assets
- 2.99%Net interest margin
- 0.78%Noninterest income to earning assets
- 5.34%Noninterest expense to earning assets
- -3.26%Net operating income to assets
- -3.24%Return on assets (ROA)
- -4.11%Pretax return on assets
- -38.72%Return on equity (ROE)
- -41.37%Retained earnings to average equity (YTD only)
- 3.66%Net charge-offs to loans
- 112.63%Credit loss provision to net charge-offs
- -0.56%Efficiency ratio
- 73,176Assets per employee
- 5.34%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- -6.83%Loss allowance to loans
- 1.94%Loss allowance to noncurrent loans
- 51.88%Noncurrent assets plus other real estate owned to assets
- 2.90%Noncurrent loans to loans
- 3.74%Net loans and leases to deposits
- 86.16%Net loans and leases to core deposits
- 112.49%Equity capital to assets
- 5.62%Core capital (leverage) ratio
- 6.03%Tier 1 risk-based capital ratio
- 8.54%Total risk-based capital ratio
- Memoranda
- $11Average assets
- $26,217,505Average earning assets
- $2,192,415Average equity
- $22,890,869Average loans
Total Fiduciary and Related Assets (December 31, 2007)
- Dollar figures in thousands
- $1Total fiduciary and related assets
- 1Number of Fiduciary Accounts and Related Asset Accounts
- YesFiduciary powers granted
- YesFiduciary or related activity
- $88,616Managed Assets
- 1Number of Accounts
- $87,717Personal trust and agency accounts
- $60,578Employee benefit-defined contribution accounts
- $0Employee benefit-defined benefit accounts
- $0Other retirement accounts
- $3,470Corporate trust and agency accounts
- $0Investment management agency accounts
- $22,355Other fiduciary accounts
- $0Fiduciary accounts held in foreign offices
- $1,314Non-managed Assets
- 119Number of Accounts
- $0Personal trust and agency accounts
- $0Employee benefit-defined contribution accounts
- $0Employee benefit-defined benefit accounts
- $899Other retirement accounts
- $899Corporate trust and agency accounts
- $0Other fiduciary accounts
- $0Fiduciary accounts held in foreign offices
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- Banks in Alabama (AL)
- Colonial Bank
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