North Georgia National Bank in Woodstock, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 05, 1994

  • North Georgia National Bank in Woodstock, Georgia (GA)
  • Show street view No street view available for this location

North Georgia National Bank - Overview

  • General
  • FDIC Certificate #: 33028
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of North Georgia (#31203)
    Federal Reserve ID: 1463143
    Date Established: July 30, 1990
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 46236
    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: July 30, 1990
    Last Structure Change Effective Date: July 05, 1994
    Last Structure Change Process Date: August 15, 1994
    Last Data Update: August 15, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Ten Parkway 575, Woodstock, GA 30188
    County: Cherokee
    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)
  • Financial Summary
  • Total assets: $57.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $55,177Cash and due from depository institutions
  • $3,830Interest-bearing balances
  • $0Securities
  • $7,879Federal funds sold & reverse repurchase agreements
  • $8,245Net loans & leases
  • $32,200Loan loss allowance
  • $421Trading account assets
  • $0Bank premises and fixed assets
  • $2,357Other real estate owned
  • $0Goodwill and other intangibles
  • $415Life insurance assets
  • $251All other assets
  • $0Total liabilities and capital
  • $55,177Total liabilities
  • $49,847Total deposits
  • $49,624Interest-bearing deposits
  • $44,846Deposits held in domestic offices
  • 49624.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $223Total equity capital
  • $223Total bank equity capital
  • $5,330Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $3,000Undivided profits
  • Memoranda
  • $-670Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $60Income earned, not collected on loans
  • $261Earning assets
  • $48,324Long-term assets (5+ years)
  • $208Average Assets, year-to-date
  • $46,540Average Assets, quarterly
  • $52,950Volatile liabilities
  • $7,374Insider loans
  • $2,012FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,995Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,079Total risk weighted assets
  • $39,880Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,490Total interest expense
  • $1,549Net interest income
  • $1,941Provision for loan and lease losses
  • $132Total noninterest income
  • $223Fiduciary activities
  • $0Service charges on deposit accounts
  • $179Trading account gains & fees
  • $0Additional noninterest income
  • $44Total noninterest expense
  • $1,625Salaries and employee benefits
  • $799Premises and equipment expense
  • $0Additional noninterest expense
  • $826Pre-tax net operating income
  • $407Securities gains (losses)
  • $0Applicable income taxes
  • $1Income before extraordinary items
  • $406Extraordinary gains - net
  • $0Net income attributable to bank
  • $406Net charge-offs
  • $15Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.72%Cost of funding earning assets
  • 3.87%Net interest margin
  • 4.85%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 4.06%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 0.87%Return on equity (ROE)
  • 7.99%Retained earnings to average equity (YTD only)
  • 7.99%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 880.00%Efficiency ratio
  • 73,937Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 701.67%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 64.89%Net loans and leases to core deposits
  • 76.21%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 12.74%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $46,540Average earning assets
  • $5,082Average equity
  • $40,044Average loans

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