Randolph Bank & Trust Company in Asheboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

Randolph Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 22746
    Status: Active
    Federal Reserve ID: 115221
    Date Established: November 03, 1978
    WWW: http://www.randolphbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 9382
    FDIC's unique #: 15880
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 03, 1978
    Last Structure Change Effective Date: Febuary 12, 2008
    Last Structure Change Process Date: March 11, 2008
    Last Data Update: March 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 175 North Fayetteville Street, Asheboro, NC 27203
    County: Randolph
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC (#3120)
    Combined Statistical Area (CSA): Greensboro-Winston-Salem-High Point, NC (#268)
    Core Based Statistical Area (CBSA): Greensboro-High Point, NC (#24660)
    CBSA Metro Statistical Area: Greensboro-High Point, NC (#24660)
  • Financial Summary
  • Total assets: $288.8 mil
    Equity capital: $25.2 mil
    Deposits held in domestic offices: $254.4 mil
    Return on assets (ROA): -0.22% (-$0.6 mil)
    Quarterly return on assets: 0.07% ($0.2 mil)
    Return on Equity (ROE): -2.47% (-$0.6 mil)
    Quarterly return on equity: 0.79% ($0.2 mil)
    Net income: -$0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.40% (-$1,155.3 mil)
    Quarterly Pretax return on assets: 0.02% ($57.8 mil)

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

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 91Total employees (full-time equivalent)
  • $288,824Total assets
  • $37,631Cash and due from depository institutions
  • $7Interest-bearing balances
  • $42,773Securities
  • $1,010Federal funds sold & reverse repurchase agreements
  • $183,377Net loans & leases
  • $3,164Loan loss allowance
  • $0Trading account assets
  • $5,544Bank premises and fixed assets
  • $9,450Other real estate owned
  • $0Goodwill and other intangibles
  • $288,825Life insurance assets
  • $9,039All other assets
  • $263,599Total liabilities and capital
  • $254,388Total liabilities
  • $221,988Total deposits
  • $254,388Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,100Trading liabilities
  • $0Other borrowed funds
  • $1,111Subordinated debt
  • $25,226All other liabilities
  • $25,226Total equity capital
  • $25,226Total bank equity capital
  • $8,664Perpetual preferred stock
  • $5,224Common stock
  • $14,544Surplus
  • $-3,206Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,638Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,691Income earned, not collected on loans
  • $0Earning assets
  • $964Long-term assets (5+ years)
  • $227,167Average Assets, year-to-date
  • $72,467Average Assets, quarterly
  • $287,490Volatile liabilities
  • $289,819Insider loans
  • $197,335FHLB advances
  • $287,054Loans and leases held for sale
  • $1,655Unused loan commitments
  • $1,655Tier 1 (core) risk-based capital
  • $23,051Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,414Restructured Loans and leases
  • $8,327Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,602Total interest income
  • $2,861Total interest expense
  • $9,741Net interest income
  • $3,003Provision for loan and lease losses
  • $4,174Total noninterest income
  • $0Fiduciary activities
  • $617Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,557Additional noninterest income
  • $12,004Total noninterest expense
  • $5,973Salaries and employee benefits
  • $1,438Premises and equipment expense
  • $4,593Additional noninterest expense
  • -$1,092Pre-tax net operating income
  • -$59Securities gains (losses)
  • -$512Applicable income taxes
  • -$639Income before extraordinary items
  • $0Extraordinary gains - net
  • -$639Net income attributable to bank
  • $0Net charge-offs
  • -$639Cash dividends
  • $2,886Sale, conversion, retirement of capital stock, net
  • $279Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.97%Net interest margin
  • 1.70%Noninterest income to earning assets
  • 4.89%Noninterest expense to earning assets
  • -0.21%Net operating income to assets
  • -0.22%Return on assets (ROA)
  • -0.40%Pretax return on assets
  • -2.47%Return on equity (ROE)
  • -3.55%Retained earnings to average equity (YTD only)
  • 1.48%Net charge-offs to loans
  • 104.05%Credit loss provision to net charge-offs
  • 0.66%Efficiency ratio
  • 86,267Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -43.66%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 187.11%Noncurrent assets plus other real estate owned to assets
  • 3.86%Noncurrent loans to loans
  • 0.91%Net loans and leases to deposits
  • 72.09%Net loans and leases to core deposits
  • 77.37%Equity capital to assets
  • 8.73%Core capital (leverage) ratio
  • 8.03%Tier 1 risk-based capital ratio
  • 11.68%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $287,490Average earning assets
  • $25,870Average equity
  • $245,489Average loans

List of branches

  • 6 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015880Randolph Bank & Trust Company175 North Fayetteville Street, Asheboro, NC 27203November 03, 1978Full Service Brick and Mortar
    2255208Dixie Drive Branch854 East Dixie Drive, Asheboro, NC 27203December 02, 1985Full Service Brick and Mortar
    3255209West Naomi Street Branch109 West Naomi Street, Randleman, NC 27317August 30, 1988Full Service Brick and Mortar
    4362062West Pointe Village Branch415 North Carolina Highway 49 South, Asheboro, NC 27205August 29, 2000Full Service Brick and Mortar
    6451778Mebane Branch1008 Mebane Oaks Road, Mebane, NC 27302October 27, 2005Full Service Brick and Mortar
    7468315Burlington Office3239 South Church Street, Burlington, NC 27215July 17, 2007Full Service Brick and Mortar

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