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- Banks in Georgia (GA)
- Premier Bank
Premier Bank in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of July 15, 2000
- Premier Bank in Atlanta, Georgia (GA)
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Premier Bank - Overview
- General
- FDIC Certificate #: 26307
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 880435
Date Established: July 29, 1985
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 25 (Interstate: No)
OTS Docket #: 10601
FDIC's unique #: 32746
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: July 29, 1985
Last Structure Change Effective Date: July 15, 2000
Last Structure Change Process Date: August 22, 2000
Last Data Update: August 22, 2000
Data Source Date: April 05, 2012 - Location
- Address: 950 East Paces Ferry Road, Atlanta, GA 30326
County: Fulton
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: $1,603.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
- Dollar figures in thousands
- 710Total employees (full-time equivalent)
- $1,531,898Total assets
- $53,341Cash and due from depository institutions
- $0Interest-bearing balances
- $160,119Securities
- $38,284Federal funds sold & reverse repurchase agreements
- $1,224,633Net loans & leases
- $18,768Loan loss allowance
- $0Trading account assets
- $28,690Bank premises and fixed assets
- $1,400Other real estate owned
- $4,406Goodwill and other intangibles
- $0Life insurance assets
- $21,025All other assets
- $1,531,898Total liabilities and capital
- $1,385,580Total liabilities
- $1,150,799Total deposits
- $966,616Interest-bearing deposits
- $1,150,799Deposits held in domestic offices
- 0.00%% insured (estimated)
- $43,717Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $176,307Other borrowed funds
- $0Subordinated debt
- $14,757All other liabilities
- $146,318Total equity capital
- $146,318Total bank equity capital
- $146,318Perpetual preferred stock
- $0Common stock
- $1,760Surplus
- $91,359Undivided profits
- Memoranda
- $53,199Noncurrent loans and leases
- $323,861Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $3,924Earning assets
- $0Long-term assets (5+ years)
- $7,297Average Assets, year-to-date
- $1,423,036Average Assets, quarterly
- $246,651Volatile liabilities
- $1,465,439Insider loans
- $1,511,342FHLB advances
- $285,757Loans and leases held for sale
- $9,394Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $7,823Total risk weighted assets
- $323,861Total unused commitments
- $0Restructured Loans and leases
- $15,597Derivatives
Income and Expense (December 31, 1999)
- Dollar figures in thousands
- $120,420Total interest income
- $53,339Total interest expense
- $67,081Net interest income
- $10,039Provision for loan and lease losses
- $31,535Total noninterest income
- $0Fiduciary activities
- $4,471Service charges on deposit accounts
- $0Trading account gains & fees
- $27,064Additional noninterest income
- $66,131Total noninterest expense
- $37,640Salaries and employee benefits
- $7,953Premises and equipment expense
- $20,538Additional noninterest expense
- $22,446Pre-tax net operating income
- $30Securities gains (losses)
- $8,640Applicable income taxes
- $13,836Income before extraordinary items
- $0Extraordinary gains - net
- $13,836Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $5,439Sale, conversion, retirement of capital stock, net
- $14,342Net operating income
Performance and Condition Ratios (December 31, 1999)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.86%Yield on earning assets
- 3.92%Cost of funding earning assets
- 4.93%Net interest margin
- 2.32%Noninterest income to earning assets
- 4.86%Noninterest expense to earning assets
- 0.94%Net operating income to assets
- 0.94%Return on assets (ROA)
- 1.53%Pretax return on assets
- 9.23%Return on equity (ROE)
- -0.34%Retained earnings to average equity (YTD only)
- 0.48%Net charge-offs to loans
- 184.57%Credit loss provision to net charge-offs
- 5.97%Efficiency ratio
- 66,601Assets per employee
- 2.16%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 103.66%Loss allowance to loans
- 1.51%Loss allowance to noncurrent loans
- 478.29%Noncurrent assets plus other real estate owned to assets
- 0.35%Noncurrent loans to loans
- 0.32%Net loans and leases to deposits
- 106.42%Net loans and leases to core deposits
- 124.91%Equity capital to assets
- 9.55%Core capital (leverage) ratio
- 9.62%Tier 1 risk-based capital ratio
- 11.63%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $1,465,439Average earning assets
- $149,835Average equity
- $1,359,593Average loans
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- Banks in Georgia (GA)
- Premier Bank
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