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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Premier Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents