Randolph Bank & Trust Company in Asheboro, North Carolina (NC)



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Randolph Bank & Trust Company routing number info

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Randolph Bank & Trust Company
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)91
Total assets$288,824
Cash and due from depository institutions$37,631
Interest-bearing balances$7
Securities$42,773
Federal funds sold & reverse repurchase agreements$1,010
Net loans & leases$183,377
Loan loss allowance $3,164
Trading account assets$0
Bank premises and fixed assets$5,544
Other real estate owned$9,450
Goodwill and other intangibles$0
All other assets$9,039
Life insurance assets$288,825
Total liabilities and capital$263,599
Total liabilities$254,388
Total deposits$221,988
Interest-bearing deposits$254,388
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$8,100
Other borrowed funds $0
Subordinated debt $1,111
All other liabilities $25,226
Total equity capital$25,226
Total bank equity capital$25,226
Perpetual preferred stock$8,664
Common stock$5,224
Surplus$14,544
Undivided profits $-3,206
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,638
Income earned, not collected on loans $1,691
Earning assets $0
Long-term assets (5+ years) $964
Average Assets, year-to-date $227,167
Average Assets, quarterly $72,467
Volatile liabilities $287,490
Insider loans $289,819
FHLB advances $197,335
Loans and leases held for sale $287,054
Unused loan commitments $1,655
Tier 1 (core) risk-based capital $1,655
Tier 2 risk-based capital $23,051
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $35,414
Derivatives$8,327
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,602
Total interest expense $2,861
Net interest income $9,741
Provision for loan and lease losses $3,003
Total noninterest income $4,174
Fiduciary activities $0
Service charges on deposit accounts $617
Trading account gains & fees $0
Additional noninterest income $3,557
Total noninterest expense $12,004
Salaries and employee benefits $5,973
Premises and equipment expense $1,438
Additional noninterest expense $4,593
Pre-tax net operating income -$1,092
Securities gains (losses) -$59
Applicable income taxes -$512
Income before extraordinary items -$639
Extraordinary gains - net $0
Net income attributable to bank -$639
Net charge-offs $0
Cash dividends -$639
Sale, conversion, retirement of capital stock, net $2,886
Net operating income $279
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.13%
Cost of funding earning assets 1.17%
Net interest margin 3.97%
Noninterest income to earning assets 1.70%
Noninterest expense to earning assets 4.89%
Net operating income to assets -0.21%
Return on assets (ROA) -0.22%
Pretax return on assets -0.40%
Return on equity (ROE) -2.47%
Retained earnings to average equity (YTD only) -3.55%
Net charge-offs to loans 1.48%
Credit loss provision to net charge-offs 104.05%
Efficiency ratio0.66%
Assets per employee$86,267
Cash dividends to net income (YTD only)3.17%
Condition Ratios (%)
Loss allowance to loans -43.66%
Loss allowance to noncurrent loans 1.70%
Noncurrent assets plus other real estate owned to assets 187.11%
Noncurrent loans to loans 3.86%
Net loans and leases to deposits0.91%
Net loans and leases to core deposits 72.09%
Equity capital to assets 77.37%
Core capital (leverage) ratio 8.73%
Tier 1 risk-based capital ratio 8.03%
Total risk-based capital ratio 11.68%
Memoranda
Average assets$13
Average earning assets$287,490
Average equity $25,870
Average loans $245,489
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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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