Nationsbank of North Carolina, National Association in Charlotte, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 1995

  • Nationsbank of North Carolina, National Association in Charlotte, North Carolina (NC)
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Nationsbank of North Carolina, National Association - Overview

  • General
  • FDIC Certificate #: 4892
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 480228
    Date Established: January 01, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 240 (Interstate: No)
    FDIC's unique #: 3252
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 03, 1995
    Last Structure Change Process Date: January 13, 1995
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: One Ncnb Plaza, Charlotte, NC 28255
    County: Mecklenburg
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Charlotte-Gastonia-Rock Hill, NC-SC (#1520)
    Combined Statistical Area (CSA): Charlotte-Gastonia-Salisbury, NC-SC (#172)
    Core Based Statistical Area (CBSA): Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
    CBSA Metro Statistical Area: Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
  • Financial Summary
  • Total assets: $31,280.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $7,680Total assets
  • $31,280,012Cash and due from depository institutions
  • $2,864,171Interest-bearing balances
  • $1,681,340Securities
  • $2,901,664Federal funds sold & reverse repurchase agreements
  • $4,708,598Net loans & leases
  • $14,959,295Loan loss allowance
  • $247,505Trading account assets
  • $3,730,613Bank premises and fixed assets
  • $578,661Other real estate owned
  • $10,305Goodwill and other intangibles
  • $1,509,354Life insurance assets
  • $17,351All other assets
  • $0Total liabilities and capital
  • $31,280,012Total liabilities
  • $29,705,262Total deposits
  • $16,581,581Interest-bearing deposits
  • $14,306,556Deposits held in domestic offices
  • 7899957.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $3,454,388Trading liabilities
  • $4,382,309Other borrowed funds
  • $3,423,874Subordinated debt
  • $479,500All other liabilities
  • $1,383,610Total equity capital
  • $1,383,610Total bank equity capital
  • $1,574,750Perpetual preferred stock
  • $0Common stock
  • $620,000Surplus
  • $627,196Undivided profits
  • Memoranda
  • $327,554Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $60,982Income earned, not collected on loans
  • $101,925Earning assets
  • $27,275,837Long-term assets (5+ years)
  • $991,137Average Assets, year-to-date
  • $29,081,654Average Assets, quarterly
  • $31,218,700Volatile liabilities
  • $19,645,517Insider loans
  • $478,406FHLB advances
  • $0Loans and leases held for sale
  • $244,499Unused loan commitments
  • $22,981,273Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,592,068Total risk weighted assets
  • $25,790,526Total unused commitments
  • $0Restructured Loans and leases
  • $505,305,863Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,668,989Total interest expense
  • $1,078,806Net interest income
  • $590,183Provision for loan and lease losses
  • $25,113Total noninterest income
  • $478,329Fiduciary activities
  • $62,783Service charges on deposit accounts
  • $75,317Trading account gains & fees
  • $179,872Additional noninterest income
  • $160,357Total noninterest expense
  • $752,627Salaries and employee benefits
  • $323,466Premises and equipment expense
  • $89,316Additional noninterest expense
  • $339,845Pre-tax net operating income
  • $290,772Securities gains (losses)
  • -$2,993Applicable income taxes
  • $92,863Income before extraordinary items
  • $194,916Extraordinary gains - net
  • $0Net income attributable to bank
  • $194,916Net charge-offs
  • $14,911Cash dividends
  • $75,390Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.57%Cost of funding earning assets
  • 4.25%Net interest margin
  • 2.33%Noninterest income to earning assets
  • 1.88%Noninterest expense to earning assets
  • 2.96%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 0.99%Return on equity (ROE)
  • 12.78%Retained earnings to average equity (YTD only)
  • 7.84%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 168.42%Efficiency ratio
  • 70,220Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.68%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 405.87%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 90.22%Net loans and leases to core deposits
  • 202.53%Equity capital to assets
  • 5.03%Core capital (leverage) ratio
  • 4.71%Tier 1 risk-based capital ratio
  • 6.17%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $29,081,654Average earning assets
  • $1,524,699Average equity
  • $25,383,957Average loans

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