NOA Bank in Duluth, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

NOA Bank - Overview

  • General
  • FDIC Certificate #: 58657
    Status: Active
    Federal Reserve ID: 3832127
    Date Established: November 06, 2008
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 461767
    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: November 06, 2008
    Last Structure Change Effective Date: November 06, 2008
    Last Structure Change Process Date: November 07, 2008
    Last Data Update: November 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2476 Pleasant Hill Road, Duluth, GA 30096
    County: Gwinnett
    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
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $111.9 mil
    Equity capital: $16.4 mil
    Deposits held in domestic offices: $94.4 mil
    Return on assets (ROA): 1.90% ($2.1 mil)
    Quarterly return on assets: 0.98% ($1.1 mil)
    Return on Equity (ROE): 12.50% ($2.0 mil)
    Quarterly return on equity: 6.71% ($1.1 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 3.03% ($3,391.8 mil)
    Quarterly Pretax return on assets: 4.11% ($4,600.7 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
  • 21Total employees (full-time equivalent)
  • $111,940Total assets
  • $5,908Cash and due from depository institutions
  • $5,568Interest-bearing balances
  • $12,191Securities
  • $10,225Federal funds sold & reverse repurchase agreements
  • $79,752Net loans & leases
  • $999Loan loss allowance
  • $0Trading account assets
  • $2,041Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $111,940Life insurance assets
  • $1,823All other assets
  • $95,536Total liabilities and capital
  • $94,406Total liabilities
  • $89,701Total deposits
  • $94,406Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,130Subordinated debt
  • $16,404All other liabilities
  • $16,404Total equity capital
  • $16,404Total bank equity capital
  • $0Perpetual preferred stock
  • $7,749Common stock
  • $8,351Surplus
  • $304Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $317Long-term assets (5+ years)
  • $107,736Average Assets, year-to-date
  • $29,147Average Assets, quarterly
  • $100,457Volatile liabilities
  • $110,921Insider loans
  • $88,824FHLB advances
  • $109,151Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,899Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,371Restructured Loans and leases
  • $1,446Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,208Total interest income
  • $1,259Total interest expense
  • $3,949Net interest income
  • $285Provision for loan and lease losses
  • $2,936Total noninterest income
  • $0Fiduciary activities
  • $96Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,840Additional noninterest income
  • $3,553Total noninterest expense
  • $1,760Salaries and employee benefits
  • $518Premises and equipment expense
  • $1,275Additional noninterest expense
  • $3,047Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,137Applicable income taxes
  • $1,910Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,910Net income attributable to bank
  • $0Net charge-offs
  • $1,910Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 4.14%Net interest margin
  • 3.07%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • 1.90%Net operating income to assets
  • 1.90%Return on assets (ROA)
  • 3.03%Pretax return on assets
  • 12.50%Return on equity (ROE)
  • 12.50%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 7125.00%Credit loss provision to net charge-offs
  • 833.00%Efficiency ratio
  • 51,605Assets per employee
  • 5.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 84.48%Net loans and leases to core deposits
  • 113.24%Equity capital to assets
  • 14.65%Core capital (leverage) ratio
  • 13.65%Tier 1 risk-based capital ratio
  • 16.77%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $100,457Average earning assets
  • $15,280Average equity
  • $95,493Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0461767Noa Bank2476 Pleasant Hill Road, Duluth, GA 30096November 06, 2008Full Service Brick and Mortar
    1510138Doraville Branch5938 Buford Highway, Doraville, GA 30340June 17, 2010Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with NOA Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents