Futurus Bank, National Association in Alpharetta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2005

  • Futurus Bank, National Association in Alpharetta, Georgia (GA)
  • Show street view No street view available for this location

Futurus Bank, National Association - Overview

  • General
  • FDIC Certificate #: 35440
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Crescent Bank and Trust Company (#27559)
    Federal Reserve ID: 2893831
    Date Established: May 02, 2001
    WWW: http://www.futurusbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 80039
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 02, 2001
    Last Structure Change Effective Date: April 01, 2005
    Last Structure Change Process Date: April 07, 2005
    Last Data Update: April 07, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 5225 Windward Parkway, Alpharetta, GA 30004
    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: $56.5 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, 2004)

  • Dollar figures in thousands
  • 14Total employees (full-time equivalent)
  • $60,959Total assets
  • $514Cash and due from depository institutions
  • $0Interest-bearing balances
  • $1,118Securities
  • $4,552Federal funds sold & reverse repurchase agreements
  • $50,359Net loans & leases
  • $768Loan loss allowance
  • $0Trading account assets
  • $1,923Bank premises and fixed assets
  • $584Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,910All other assets
  • $60,959Total liabilities and capital
  • $55,282Total liabilities
  • $55,109Total deposits
  • $52,437Interest-bearing deposits
  • $55,109Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $173All other liabilities
  • $5,677Total equity capital
  • $5,677Total bank equity capital
  • $5,677Perpetual preferred stock
  • $0Common stock
  • $3,750Surplus
  • $5,781Undivided profits
  • Memoranda
  • $-3,854Noncurrent loans and leases
  • $15,688Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $75Earning assets
  • $0Long-term assets (5+ years)
  • $209Average Assets, year-to-date
  • $56,029Average Assets, quarterly
  • $413Volatile liabilities
  • $66,026Insider loans
  • $63,511FHLB advances
  • $4,249Loans and leases held for sale
  • $1,347Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,688Total unused commitments
  • $0Restructured Loans and leases
  • $690Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $3,777Total interest income
  • $1,479Total interest expense
  • $2,298Net interest income
  • $70Provision for loan and lease losses
  • $103Total noninterest income
  • $0Fiduciary activities
  • $97Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6Additional noninterest income
  • $2,384Total noninterest expense
  • $1,210Salaries and employee benefits
  • $447Premises and equipment expense
  • $727Additional noninterest expense
  • -$53Pre-tax net operating income
  • $22Securities gains (losses)
  • $0Applicable income taxes
  • -$31Income before extraordinary items
  • $0Extraordinary gains - net
  • -$31Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.20%Yield on earning assets
  • 2.43%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 3.91%Noninterest expense to earning assets
  • -0.08%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.05%Pretax return on assets
  • -0.55%Return on equity (ROE)
  • -0.55%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 99,292Assets per employee
  • 4.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 1024.00%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 91.38%Net loans and leases to core deposits
  • 99.01%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 10.31%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $66,026Average earning assets
  • $5,590Average equity
  • $60,932Average loans

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