Lumbee Guaranty Bank in Pembroke, North Carolina (NC)



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Lumbee Guaranty Bank routing number info

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Lumbee Guaranty Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)97
Total assets$304,205
Cash and due from depository institutions$41,954
Interest-bearing balances$6,152
Securities$61,074
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$179,723
Loan loss allowance $3,209
Trading account assets$0
Bank premises and fixed assets$9,132
Other real estate owned$1,227
Goodwill and other intangibles$0
All other assets$11,095
Life insurance assets$304,205
Total liabilities and capital$274,049
Total liabilities$260,590
Total deposits$208,900
Interest-bearing deposits$260,590
Deposits held in domestic offices$83
% insured (estimated)942.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$9,875
Other borrowed funds $0
Subordinated debt $2,642
All other liabilities $30,156
Total equity capital$30,156
Total bank equity capital$30,156
Perpetual preferred stock$0
Common stock$6,835
Surplus$7,058
Undivided profits $16,263
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $5,212
Earning assets $0
Long-term assets (5+ years) $1,320
Average Assets, year-to-date $246,949
Average Assets, quarterly $68,511
Volatile liabilities $286,878
Insider loans $295,570
FHLB advances $196,712
Loans and leases held for sale $294,204
Unused loan commitments $6,392
Tier 1 (core) risk-based capital $6,392
Tier 2 risk-based capital $29,372
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,218
Derivatives$2,511
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,096
Total interest expense $2,979
Net interest income $11,117
Provision for loan and lease losses $833
Total noninterest income $2,280
Fiduciary activities $0
Service charges on deposit accounts $1,740
Trading account gains & fees $0
Additional noninterest income $540
Total noninterest expense $10,127
Salaries and employee benefits $5,642
Premises and equipment expense $1,084
Additional noninterest expense $3,401
Pre-tax net operating income $2,437
Securities gains (losses) -$168
Applicable income taxes $235
Income before extraordinary items $2,034
Extraordinary gains - net $0
Net income attributable to bank $2,034
Net charge-offs $0
Cash dividends $2,034
Sale, conversion, retirement of capital stock, net $402
Net operating income $547
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.77%
Cost of funding earning assets 1.22%
Net interest margin 4.55%
Noninterest income to earning assets 0.93%
Noninterest expense to earning assets 4.15%
Net operating income to assets 0.76%
Return on assets (ROA) 0.71%
Pretax return on assets 0.79%
Return on equity (ROE) 6.92%
Retained earnings to average equity (YTD only) 5.06%
Net charge-offs to loans 0.23%
Credit loss provision to net charge-offs 207.21%
Efficiency ratio8.13%
Assets per employee$75,592
Cash dividends to net income (YTD only)3.14%
Condition Ratios (%)
Loss allowance to loans 26.89%
Loss allowance to noncurrent loans 1.75%
Noncurrent assets plus other real estate owned to assets 61.57%
Noncurrent loans to loans 2.12%
Net loans and leases to deposits2.85%
Net loans and leases to core deposits 68.97%
Equity capital to assets 80.35%
Core capital (leverage) ratio 9.91%
Tier 1 risk-based capital ratio 9.98%
Total risk-based capital ratio 14.93%
Memoranda
Average assets$16
Average earning assets$286,878
Average equity $29,395
Average loans $244,105
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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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