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)
  • Show street view No street view available for this location

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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