Commercial Bank of Georgia in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1995

  • Commercial Bank of Georgia in Atlanta, Georgia (GA)
  • Show street view No street view available for this location

Commercial Bank of Georgia - Overview

  • General
  • FDIC Certificate #: 27275
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colonial Bank (#33024)
    Federal Reserve ID: 1193440
    Date Established: June 20, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 39411
    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: June 20, 1988
    Last Structure Change Effective Date: September 30, 1995
    Last Structure Change Process Date: October 26, 1995
    Last Data Update: October 26, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Northridge Road, Suite 200, Atlanta, GA 30350
    County: Fulton
    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: $144.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $73Total assets
  • $126,128Cash and due from depository institutions
  • $8,571Interest-bearing balances
  • $200Securities
  • $19,261Federal funds sold & reverse repurchase agreements
  • $3,400Net loans & leases
  • $88,902Loan loss allowance
  • $1,231Trading account assets
  • $0Bank premises and fixed assets
  • $2,120Other real estate owned
  • $714Goodwill and other intangibles
  • $2,175Life insurance assets
  • $985All other assets
  • $0Total liabilities and capital
  • $126,128Total liabilities
  • $115,530Total deposits
  • $113,944Interest-bearing deposits
  • $89,838Deposits held in domestic offices
  • 113944.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,586Total equity capital
  • $1,586Total bank equity capital
  • $10,598Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $4,516Undivided profits
  • Memoranda
  • $2,082Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $174Income earned, not collected on loans
  • $873Earning assets
  • $111,763Long-term assets (5+ years)
  • $3,953Average Assets, year-to-date
  • $118,638Average Assets, quarterly
  • $124,623Volatile liabilities
  • $8,821Insider loans
  • $385FHLB advances
  • $0Loans and leases held for sale
  • $190Unused loan commitments
  • $29,502Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,656Total risk weighted assets
  • $94,777Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,206Total interest expense
  • $3,330Net interest income
  • $5,876Provision for loan and lease losses
  • $527Total noninterest income
  • $1,965Fiduciary activities
  • $0Service charges on deposit accounts
  • $724Trading account gains & fees
  • $0Additional noninterest income
  • $1,241Total noninterest expense
  • $6,306Salaries and employee benefits
  • $3,367Premises and equipment expense
  • $969Additional noninterest expense
  • $1,970Pre-tax net operating income
  • $1,008Securities gains (losses)
  • $0Applicable income taxes
  • $269Income before extraordinary items
  • $739Extraordinary gains - net
  • $0Net income attributable to bank
  • $739Net charge-offs
  • $154Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.69%Cost of funding earning assets
  • 3.14%Net interest margin
  • 5.55%Noninterest income to earning assets
  • 1.86%Noninterest expense to earning assets
  • 5.95%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 0.85%Return on equity (ROE)
  • 7.54%Retained earnings to average equity (YTD only)
  • 7.54%Net charge-offs to loans
  • 0.19%Credit loss provision to net charge-offs
  • 342.21%Efficiency ratio
  • 78,408Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 707.47%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 78.02%Net loans and leases to core deposits
  • 84.57%Equity capital to assets
  • 8.40%Core capital (leverage) ratio
  • 7.80%Tier 1 risk-based capital ratio
  • 10.19%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $118,638Average earning assets
  • $9,803Average equity
  • $105,900Average loans

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