Enterprise Banking Company in Mcdonough, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 21, 2011

  • Enterprise Banking Company in Mcdonough, Georgia (GA)
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Enterprise Banking Company - Overview

  • General
  • FDIC Certificate #: 19758
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Deposit Insurance National Bank of McDonough (#59058)
    Federal Reserve ID: 486837
    Date Established: October 25, 1925
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13552
    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: October 25, 1967
    Last Structure Change Effective Date: January 21, 2011
    Last Structure Change Process Date: January 25, 2011
    Last Data Update: January 25, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2097 Highway 20 W, Mcdonough, GA 30253
    County: Henry
    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: $99.5 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, 2010)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $99,461Total assets
  • $14,561Cash and due from depository institutions
  • $14,187Interest-bearing balances
  • $4,951Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,529Net loans & leases
  • $1,472Loan loss allowance
  • $0Trading account assets
  • $2,849Bank premises and fixed assets
  • $5,610Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $961All other assets
  • $99,461Total liabilities and capital
  • $98,190Total liabilities
  • $94,591Total deposits
  • $91,813Interest-bearing deposits
  • $94,591Deposits held in domestic offices
  • 99.99%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $599All other liabilities
  • $1,271Total equity capital
  • $1,271Total bank equity capital
  • $1,271Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $10,750Undivided profits
  • Memoranda
  • $-9,529Noncurrent loans and leases
  • $981Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $21,324Earning assets
  • $0Long-term assets (5+ years)
  • $382Average Assets, year-to-date
  • $89,667Average Assets, quarterly
  • $3,455Volatile liabilities
  • $102,971Insider loans
  • $100,189FHLB advances
  • $30,803Loans and leases held for sale
  • $3,219Unused loan commitments
  • $3,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $981Total unused commitments
  • $5,276Restructured Loans and leases
  • $978Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $3,764Total interest income
  • $2,056Total interest expense
  • $1,708Net interest income
  • $3,088Provision for loan and lease losses
  • $239Total noninterest income
  • $0Fiduciary activities
  • $145Service charges on deposit accounts
  • $0Trading account gains & fees
  • $94Additional noninterest income
  • $2,935Total noninterest expense
  • $1,025Salaries and employee benefits
  • $298Premises and equipment expense
  • $1,612Additional noninterest expense
  • -$4,076Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$4,076Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,076Net income attributable to bank
  • $0Net charge-offs
  • -$4,076Cash dividends
  • $3,559Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.28%Yield on earning assets
  • 2.34%Cost of funding earning assets
  • 1.94%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 3.34%Noninterest expense to earning assets
  • -3.96%Net operating income to assets
  • -3.96%Return on assets (ROA)
  • -3.96%Pretax return on assets
  • -108.40%Return on equity (ROE)
  • -108.40%Retained earnings to average equity (YTD only)
  • 4.79%Net charge-offs to loans
  • 86.77%Credit loss provision to net charge-offs
  • -0.28%Efficiency ratio
  • 150,745Assets per employee
  • 5.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 6.90%Noncurrent assets plus other real estate owned to assets
  • 27.08%Noncurrent loans to loans
  • 29.62%Net loans and leases to deposits
  • 74.56%Net loans and leases to core deposits
  • 110.57%Equity capital to assets
  • 1.28%Core capital (leverage) ratio
  • 1.21%Tier 1 risk-based capital ratio
  • 1.57%Total risk-based capital ratio
  • Memoranda
  • $3Average assets
  • $102,971Average earning assets
  • $3,760Average equity
  • $87,955Average loans

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