Dalton/Whitfield Bank & Trust in Dalton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 05, 1997

Dalton/Whitfield Bank & Trust in Dalton, Georgia (GA)
Show street view No street view available for this location

Dalton/Whitfield Bank & Trust - Overview

General
FDIC Certificate #: 32939
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colonial Bank (#33024)
Federal Reserve ID: 1447723
Date Established: April 30, 1990
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 46115
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 30, 1990
Last Structure Change Effective Date: March 05, 1997
Last Structure Change Process Date: April 02, 1997
Last Data Update: April 02, 1997
Data Source Date: April 05, 2012
Location
Address: 401 South Thornton Avenue, Dalton, GA 30720
County: Whitfield
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
Core Based Statistical Area (CBSA): Dalton, GA (#19140)
CBSA Metro Statistical Area: Dalton, GA (#19140)
Financial Summary
Total assets: $138.1 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)
$48Total assets
$138,062Cash and due from depository institutions
$9,544Interest-bearing balances
$0Securities
$39,721Federal funds sold & reverse repurchase agreements
$13,490Net loans & leases
$69,712Loan loss allowance
$1,583Trading account assets
$0Bank premises and fixed assets
$3,851Other real estate owned
$0Goodwill and other intangibles
$1,744Life insurance assets
$0All other assets
$0Total liabilities and capital
$138,062Total liabilities
$126,056Total deposits
$124,466Interest-bearing deposits
$108,418Deposits held in domestic offices
124466.00%% insured (estimated)
$78Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,590Total equity capital
$1,590Total bank equity capital
$12,006Perpetual preferred stock
$0Common stock
$633Surplus
$6,680Undivided profits
Memoranda
$4,693Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$233Income earned, not collected on loans
$611Earning assets
$122,923Long-term assets (5+ years)
$2,083Average Assets, year-to-date
$136,126Average Assets, quarterly
$133,969Volatile liabilities
$18,377Insider loans
$2,251FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$11,270Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$12,000Total risk weighted assets
$82,039Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$10,514Total interest expense
$4,875Net interest income
$5,639Provision for loan and lease losses
$492Total noninterest income
$1,004Fiduciary activities
$0Service charges on deposit accounts
$871Trading account gains & fees
$0Additional noninterest income
$133Total noninterest expense
$3,938Salaries and employee benefits
$2,222Premises and equipment expense
$737Additional noninterest expense
$979Pre-tax net operating income
$2,213Securities gains (losses)
$0Applicable income taxes
$744Income before extraordinary items
$1,469Extraordinary gains - net
$0Net income attributable to bank
$1,469Net charge-offs
$200Cash dividends
$150Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.57%Cost of funding earning assets
3.98%Net interest margin
4.60%Noninterest income to earning assets
0.82%Noninterest expense to earning assets
3.21%Net operating income to assets
1.08%Return on assets (ROA)
1.08%Pretax return on assets
1.63%Return on equity (ROE)
12.86%Retained earnings to average equity (YTD only)
11.55%Net charge-offs to loans
0.26%Credit loss provision to net charge-offs
246.00%Efficiency ratio
59,280Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.21%Loss allowance to loans
2.22%Loss allowance to noncurrent loans
679.40%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.33%Net loans and leases to deposits
56.01%Net loans and leases to core deposits
65.71%Equity capital to assets
8.70%Core capital (leverage) ratio
9.05%Tier 1 risk-based capital ratio
14.63%Total risk-based capital ratio
Memoranda
$16Average assets
$136,126Average earning assets
$11,423Average equity
$122,622Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Dalton/Whitfield Bank & Trust.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.