First Intercontinental Bank in Doraville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Intercontinental Bank in Doraville, Georgia (GA)
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First Intercontinental Bank - Overview

  • General
  • FDIC Certificate #: 34998
    Status: Active
    Federal Reserve ID: 2877840
    Date Established: January 31, 2000
    WWW: http://www.firsticbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 73820
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 31, 2000
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5593 Buford Highway, Doraville, GA 30340
    County: Dekalb
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $254.1 mil
    Equity capital: $30.9 mil
    Deposits held in domestic offices: $221.3 mil
    Return on assets (ROA): 0.06% ($0.2 mil)
    Quarterly return on assets: 0.12% ($0.3 mil)
    Return on Equity (ROE): 0.53% ($0.2 mil)
    Quarterly return on equity: 0.97% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.09% ($228.7 mil)
    Quarterly Pretax return on assets: 0.17% ($432.0 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, 2011)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $254,113Total assets
  • $35,506Cash and due from depository institutions
  • $32,993Interest-bearing balances
  • $16,455Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $181,449Net loans & leases
  • $6,334Loan loss allowance
  • $0Trading account assets
  • $3,039Bank premises and fixed assets
  • $11,510Other real estate owned
  • $1,078Goodwill and other intangibles
  • $254,113Life insurance assets
  • $5,076All other assets
  • $223,244Total liabilities and capital
  • $221,313Total liabilities
  • $169,360Total deposits
  • $221,313Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,931Subordinated debt
  • $30,869All other liabilities
  • $30,869Total equity capital
  • $30,869Total bank equity capital
  • $6,562Perpetual preferred stock
  • $14,787Common stock
  • $7,801Surplus
  • $1,719Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $8,041Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,926Income earned, not collected on loans
  • $2,212Earning assets
  • $704Long-term assets (5+ years)
  • $230,897Average Assets, year-to-date
  • $31,894Average Assets, quarterly
  • $266,987Volatile liabilities
  • $257,381Insider loans
  • $199,514FHLB advances
  • $263,461Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,879Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,794Restructured Loans and leases
  • $7,224Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,589Total interest income
  • $2,736Total interest expense
  • $9,853Net interest income
  • $4,602Provision for loan and lease losses
  • $6,281Total noninterest income
  • $0Fiduciary activities
  • $1,031Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,250Additional noninterest income
  • $11,293Total noninterest expense
  • $3,884Salaries and employee benefits
  • $1,235Premises and equipment expense
  • $6,174Additional noninterest expense
  • $239Pre-tax net operating income
  • $0Securities gains (losses)
  • $76Applicable income taxes
  • $163Income before extraordinary items
  • $0Extraordinary gains - net
  • $163Net income attributable to bank
  • $0Net charge-offs
  • $163Cash dividends
  • $3,345Sale, conversion, retirement of capital stock, net
  • $174Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 4.07%Net interest margin
  • 2.59%Noninterest income to earning assets
  • 4.66%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 0.53%Return on equity (ROE)
  • -0.04%Retained earnings to average equity (YTD only)
  • 1.70%Net charge-offs to loans
  • 137.58%Credit loss provision to net charge-offs
  • 1.45%Efficiency ratio
  • 69,995Assets per employee
  • 4.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 106.75%Loss allowance to loans
  • 3.37%Loss allowance to noncurrent loans
  • 53.11%Noncurrent assets plus other real estate owned to assets
  • 9.22%Noncurrent loans to loans
  • 6.35%Net loans and leases to deposits
  • 81.99%Net loans and leases to core deposits
  • 89.69%Equity capital to assets
  • 12.15%Core capital (leverage) ratio
  • 11.72%Tier 1 risk-based capital ratio
  • 15.48%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $266,987Average earning assets
  • $30,661Average equity
  • $242,232Average loans

List of branches

  • 5 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    073820First Intercontinental Bank5593 Buford Highway, Doraville, GA 30340January 31, 2000Full Service Brick and Mortar
    1454937Sugarloaf Branch1291 Old Peachtree Road, Building 300, Suwanee, GA 30024June 02, 2005Full Service Retail
    2456595Duluth Branch2230 Pleasant Hill Road, Duluth, GA 30096November 08, 2006Full Service Brick and Mortar
    3464807Johns Creek Branch10820 Abbotts Bridge Road, Duluth, GA 30097June 22, 2007Full Service Brick and Mortar
    4493844Suwanee Branch1291 Old Peachtree Rd, Bldg 500, Suwanee, GA 30024June 30, 2009Full Service Brick and Mortar

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