Ebank in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 21, 2009

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

Ebank - Overview

  • General
  • FDIC Certificate #: 34682
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Stearns Bank National Association (#10988)
    Federal Reserve ID: 2723796
    Date Established: August 17, 1998
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14912
    FDIC's unique #: 61193
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: August 17, 1998
    Last Structure Change Effective Date: August 21, 2009
    Last Structure Change Process Date: August 25, 2009
    Last Data Update: August 25, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2410 Paces Ferry Road, Suite 190, Atlanta, GA 30339
    County: Cobb
    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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $144.7 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
  • 18Total employees (full-time equivalent)
  • $153,000Total assets
  • $5,062Cash and due from depository institutions
  • $4,427Interest-bearing balances
  • $23,077Securities
  • $13,652Federal funds sold & reverse repurchase agreements
  • $95,436Net loans & leases
  • $1,635Loan loss allowance
  • $0Trading account assets
  • $300Bank premises and fixed assets
  • $13,461Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,012All other assets
  • $153,000Total liabilities and capital
  • $147,381Total liabilities
  • $136,669Total deposits
  • $133,327Interest-bearing deposits
  • $136,669Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $712All other liabilities
  • $5,619Total equity capital
  • $5,619Total bank equity capital
  • $5,619Perpetual preferred stock
  • $0Common stock
  • $9Surplus
  • $19,393Undivided profits
  • Memoranda
  • $-13,783Noncurrent loans and leases
  • $11,727Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,692Earning assets
  • $0Long-term assets (5+ years)
  • $770Average Assets, year-to-date
  • $136,592Average Assets, quarterly
  • $0Volatile liabilities
  • $146,364Insider loans
  • $149,609FHLB advances
  • $36,985Loans and leases held for sale
  • $1,608Unused loan commitments
  • $10,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,727Total unused commitments
  • $2,348Restructured Loans and leases
  • $1,315Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $6,829Total interest income
  • $5,255Total interest expense
  • $1,574Net interest income
  • $2,964Provision for loan and lease losses
  • $271Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $271Additional noninterest income
  • $6,117Total noninterest expense
  • $1,867Salaries and employee benefits
  • $1,017Premises and equipment expense
  • $3,233Additional noninterest expense
  • -$7,236Pre-tax net operating income
  • $113Securities gains (losses)
  • $0Applicable income taxes
  • -$7,123Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,123Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,673Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 3.96%Cost of funding earning assets
  • 1.19%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 4.61%Noninterest expense to earning assets
  • -4.94%Net operating income to assets
  • -4.87%Return on assets (ROA)
  • -4.87%Pretax return on assets
  • -101.29%Return on equity (ROE)
  • -101.29%Retained earnings to average equity (YTD only)
  • 2.56%Net charge-offs to loans
  • 110.89%Credit loss provision to net charge-offs
  • -1.60%Efficiency ratio
  • 331,545Assets per employee
  • 8.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 16.87%Noncurrent assets plus other real estate owned to assets
  • 15.13%Noncurrent loans to loans
  • 9.98%Net loans and leases to deposits
  • 69.83%Net loans and leases to core deposits
  • 87.01%Equity capital to assets
  • 3.67%Core capital (leverage) ratio
  • 3.87%Tier 1 risk-based capital ratio
  • 5.64%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $146,364Average earning assets
  • $7,032Average equity
  • $132,641Average loans

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