New East Bank of Goldsboro in Goldsboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 29, 1993

  • New East Bank of Goldsboro in Goldsboro, North Carolina (NC)
  • Show street view No street view available for this location

New East Bank of Goldsboro - Overview

  • General
  • FDIC Certificate #: 27584
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Triangle Bank (#27145)
    Federal Reserve ID: 1400942
    Date Established: September 09, 1989
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 40416
    Numeric code: 13
    Regulator: FED
    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: September 09, 1989
    Last Structure Change Effective Date: December 29, 1993
    Last Structure Change Process Date: January 26, 1994
    Last Data Update: January 26, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 106 North Spence Avenue, Goldsboro, NC 27534
    County: Wayne
    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
    Metropolitan Statistical Area (MSA): Goldsboro, NC (#2980)
    Core Based Statistical Area (CBSA): Goldsboro, NC (#24140)
    CBSA Metro Statistical Area: Goldsboro, NC (#24140)
  • Financial Summary
  • Total assets: $28.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $14Total assets
  • $29,596Cash and due from depository institutions
  • $1,466Interest-bearing balances
  • $0Securities
  • $5,057Federal funds sold & reverse repurchase agreements
  • $2,920Net loans & leases
  • $18,454Loan loss allowance
  • $265Trading account assets
  • $0Bank premises and fixed assets
  • $1,403Other real estate owned
  • $0Goodwill and other intangibles
  • $296Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,596Total liabilities
  • $26,595Total deposits
  • $26,168Interest-bearing deposits
  • $24,058Deposits held in domestic offices
  • 26168.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $270Subordinated debt
  • $0All other liabilities
  • $157Total equity capital
  • $157Total bank equity capital
  • $3,001Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $-999Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $178Income earned, not collected on loans
  • $176Earning assets
  • $26,431Long-term assets (5+ years)
  • $1,486Average Assets, year-to-date
  • $29,830Average Assets, quarterly
  • $29,987Volatile liabilities
  • $4,300Insider loans
  • $21FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,378Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,001Total risk weighted assets
  • $22,636Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,127Total interest expense
  • $1,048Net interest income
  • $1,079Provision for loan and lease losses
  • $62Total noninterest income
  • $186Fiduciary activities
  • $0Service charges on deposit accounts
  • $151Trading account gains & fees
  • $0Additional noninterest income
  • $35Total noninterest expense
  • $1,397Salaries and employee benefits
  • $488Premises and equipment expense
  • $311Additional noninterest expense
  • $598Pre-tax net operating income
  • -$194Securities gains (losses)
  • $133Applicable income taxes
  • $0Income before extraordinary items
  • -$61Extraordinary gains - net
  • $0Net income attributable to bank
  • -$61Net charge-offs
  • $188Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.17%Cost of funding earning assets
  • 4.02%Net interest margin
  • 4.14%Noninterest income to earning assets
  • 0.71%Noninterest expense to earning assets
  • 5.37%Net operating income to assets
  • -0.65%Return on assets (ROA)
  • -0.20%Pretax return on assets
  • -0.20%Return on equity (ROE)
  • -2.01%Retained earnings to average equity (YTD only)
  • -2.01%Net charge-offs to loans
  • 0.91%Credit loss provision to net charge-offs
  • 32.98%Efficiency ratio
  • 110,435Assets per employee
  • 2.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 148.88%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 70.52%Net loans and leases to core deposits
  • 84.39%Equity capital to assets
  • 10.14%Core capital (leverage) ratio
  • 9.51%Tier 1 risk-based capital ratio
  • 13.26%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $29,830Average earning assets
  • $3,028Average equity
  • $26,038Average loans

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