Lumbee Guaranty Bank in Pembroke, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Lumbee Guaranty Bank in Pembroke, North Carolina (NC)
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Lumbee Guaranty Bank - Overview

  • General
  • FDIC Certificate #: 20568
    Status: Active
    Federal Reserve ID: 651121
    Date Established: December 22, 1971
    WWW: http://www.lumbeeguarantybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    OTS Docket #: 15993
    FDIC's unique #: 14199
    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: December 22, 1971
    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: 403 East Third Street, Pembroke, NC 28372
    County: Robeson
    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
    Combined Statistical Area (CSA): Lumberton-Laurinburg, NC (#354)
    Core Based Statistical Area (CBSA): Lumberton, NC (#31300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $304.2 mil
    Equity capital: $30.2 mil
    Deposits held in domestic offices: $260.6 mil
    Return on assets (ROA): 0.71% ($2.2 mil)
    Quarterly return on assets: 0.67% ($2.0 mil)
    Return on Equity (ROE): 6.92% ($2.1 mil)
    Quarterly return on equity: 6.54% ($2.0 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.79% ($2,403.2 mil)
    Quarterly Pretax return on assets: 0.71% ($2,159.9 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, 2011)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $304,205Total assets
  • $41,954Cash and due from depository institutions
  • $6,152Interest-bearing balances
  • $61,074Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $179,723Net loans & leases
  • $3,209Loan loss allowance
  • $0Trading account assets
  • $9,132Bank premises and fixed assets
  • $1,227Other real estate owned
  • $0Goodwill and other intangibles
  • $304,205Life insurance assets
  • $11,095All other assets
  • $274,049Total liabilities and capital
  • $260,590Total liabilities
  • $208,900Total deposits
  • $260,590Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 942.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,875Trading liabilities
  • $0Other borrowed funds
  • $2,642Subordinated debt
  • $30,156All other liabilities
  • $30,156Total equity capital
  • $30,156Total bank equity capital
  • $0Perpetual preferred stock
  • $6,835Common stock
  • $7,058Surplus
  • $16,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,212Income earned, not collected on loans
  • $0Earning assets
  • $1,320Long-term assets (5+ years)
  • $246,949Average Assets, year-to-date
  • $68,511Average Assets, quarterly
  • $286,878Volatile liabilities
  • $295,570Insider loans
  • $196,712FHLB advances
  • $294,204Loans and leases held for sale
  • $6,392Unused loan commitments
  • $6,392Tier 1 (core) risk-based capital
  • $29,372Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,218Restructured Loans and leases
  • $2,511Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,096Total interest income
  • $2,979Total interest expense
  • $11,117Net interest income
  • $833Provision for loan and lease losses
  • $2,280Total noninterest income
  • $0Fiduciary activities
  • $1,740Service charges on deposit accounts
  • $0Trading account gains & fees
  • $540Additional noninterest income
  • $10,127Total noninterest expense
  • $5,642Salaries and employee benefits
  • $1,084Premises and equipment expense
  • $3,401Additional noninterest expense
  • $2,437Pre-tax net operating income
  • -$168Securities gains (losses)
  • $235Applicable income taxes
  • $2,034Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,034Net income attributable to bank
  • $0Net charge-offs
  • $2,034Cash dividends
  • $402Sale, conversion, retirement of capital stock, net
  • $547Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.77%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 4.15%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 6.92%Return on equity (ROE)
  • 5.06%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 207.21%Credit loss provision to net charge-offs
  • 8.13%Efficiency ratio
  • 75,592Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.89%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 61.57%Noncurrent assets plus other real estate owned to assets
  • 2.12%Noncurrent loans to loans
  • 2.85%Net loans and leases to deposits
  • 68.97%Net loans and leases to core deposits
  • 80.35%Equity capital to assets
  • 9.91%Core capital (leverage) ratio
  • 9.98%Tier 1 risk-based capital ratio
  • 14.93%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $286,878Average earning assets
  • $29,395Average equity
  • $244,105Average loans

List of branches

  • 12 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014199Lumbee Guaranty Bank403 East Third Street, Pembroke, NC 28372December 22, 1971Full Service Brick and Mortar
    1251276Downtown Branch600 North Pine Street, Lumberton, NC 28358Febuary 09, 1989Full Service Brick and Mortar
    2263436St. Pauls Branch306 South 5th Street, Saint Pauls, NC 28384October 06, 1986Full Service Brick and Mortar
    3263437Hope Mills Branch3500 North Main Street, Hope Mills, NC 28348October 06, 1986Full Service Brick and Mortar
    4258247Maxton Branch104 Martin Luther King, Jr. Drive, Maxton, NC 28364Febuary 05, 1985Full Service Brick and Mortar
    5280320Red Springs Branch215 East 4th Avenue, Red Springs, NC 28377June 30, 1986Full Service Brick and Mortar
    6280321Rowland Branch201 N. Bond Street, Rowland, NC 28383June 30, 1986Full Service Brick and Mortar
    7280322Fairmont Branch301 North Walnut Street, Fairmont, NC 28340June 14, 1991Full Service Brick and Mortar
    8251277Fayetteville Road Branch4845 Fayetteville Road Branch, Lumberton,, NC 28358September 08, 1997Full Service Brick and Mortar
    9251278West Fifth Street2799 West Fifth Street, Lumberton, NC 28358December 15, 1998Full Service Brick and Mortar
    11454928Fayetteville Branch6313 Raeford Road, Fayetteville, NC 28304September 05, 2006Full Service Brick and Mortar
    12466952Lake Rim Branch2315 Bloom Avenue, Fayetteville, NC 28304July 30, 2007Full Service Brick and Mortar

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