Granville United Bank in Oxford, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 25, 1996

  • Granville United Bank in Oxford, North Carolina (NC)
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Granville United Bank - Overview

  • General
  • FDIC Certificate #: 32995
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Triangle Bank (#27145)
    Federal Reserve ID: 1459557
    Date Established: July 05, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 46176
    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: July 05, 1990
    Last Structure Change Effective Date: October 25, 1996
    Last Structure Change Process Date: December 02, 1996
    Last Data Update: December 02, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 Hillsboro Street, Oxford, NC 27565
    County: Granville
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $60.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $24Total assets
  • $59,311Cash and due from depository institutions
  • $2,290Interest-bearing balances
  • $400Securities
  • $33,002Federal funds sold & reverse repurchase agreements
  • $315Net loans & leases
  • $21,800Loan loss allowance
  • $282Trading account assets
  • $0Bank premises and fixed assets
  • $645Other real estate owned
  • $0Goodwill and other intangibles
  • $746Life insurance assets
  • $513All other assets
  • $0Total liabilities and capital
  • $59,311Total liabilities
  • $53,017Total deposits
  • $52,580Interest-bearing deposits
  • $47,409Deposits held in domestic offices
  • 52580.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $437Total equity capital
  • $437Total bank equity capital
  • $6,294Perpetual preferred stock
  • $0Common stock
  • $2,150Surplus
  • $2,539Undivided profits
  • Memoranda
  • $1,605Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $116Income earned, not collected on loans
  • $220Earning assets
  • $55,517Long-term assets (5+ years)
  • $4,402Average Assets, year-to-date
  • $54,016Average Assets, quarterly
  • $59,450Volatile liabilities
  • $7,921Insider loans
  • $403FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,786Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,451Total risk weighted assets
  • $23,326Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,946Total interest expense
  • $2,122Net interest income
  • $1,824Provision for loan and lease losses
  • $153Total noninterest income
  • $210Fiduciary activities
  • $0Service charges on deposit accounts
  • $190Trading account gains & fees
  • $0Additional noninterest income
  • $20Total noninterest expense
  • $1,391Salaries and employee benefits
  • $710Premises and equipment expense
  • $179Additional noninterest expense
  • $502Pre-tax net operating income
  • $490Securities gains (losses)
  • $191Applicable income taxes
  • $212Income before extraordinary items
  • $469Extraordinary gains - net
  • $0Net income attributable to bank
  • $469Net charge-offs
  • $101Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $1,300Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.86%Cost of funding earning assets
  • 4.22%Net interest margin
  • 3.63%Noninterest income to earning assets
  • 0.42%Noninterest expense to earning assets
  • 2.77%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 1.26%Return on equity (ROE)
  • 8.54%Retained earnings to average equity (YTD only)
  • 8.54%Net charge-offs to loans
  • 0.50%Credit loss provision to net charge-offs
  • 151.49%Efficiency ratio
  • 64,798Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 243.10%Noncurrent assets plus other real estate owned to assets
  • 0.20%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 41.46%Net loans and leases to core deposits
  • 48.81%Equity capital to assets
  • 10.61%Core capital (leverage) ratio
  • 9.22%Tier 1 risk-based capital ratio
  • 23.37%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $54,016Average earning assets
  • $5,490Average equity
  • $50,235Average loans

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