SouthTrust Bank of Georgia, National Association in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 02, 1997

  • SouthTrust Bank of Georgia, National Association in Atlanta, Georgia (GA)
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SouthTrust Bank of Georgia, National Association - Overview

  • General
  • FDIC Certificate #: 26382
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 293370
    Date Established: October 04, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 118 (Interstate: No)
    OTS Docket #: 11043
    FDIC's unique #: 32986
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: October 04, 1985
    Last Structure Change Effective Date: June 02, 1997
    Last Structure Change Process Date: June 13, 1997
    Last Data Update: June 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 West Peachtree Street, One Georgia Center, Atlanta, GA 30308
    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: $5,352.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,242Total assets
  • $5,586,198Cash and due from depository institutions
  • $238,334Interest-bearing balances
  • $2,577Securities
  • $1,034,090Federal funds sold & reverse repurchase agreements
  • $143,200Net loans & leases
  • $3,940,422Loan loss allowance
  • $61,742Trading account assets
  • $0Bank premises and fixed assets
  • $89,491Other real estate owned
  • $25,254Goodwill and other intangibles
  • $71,942Life insurance assets
  • $43,465All other assets
  • $0Total liabilities and capital
  • $5,586,198Total liabilities
  • $5,195,538Total deposits
  • $3,789,831Interest-bearing deposits
  • $3,238,232Deposits held in domestic offices
  • 3789831.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $504,283Trading liabilities
  • $0Other borrowed funds
  • $790,691Subordinated debt
  • $50,000All other liabilities
  • $60,733Total equity capital
  • $60,733Total bank equity capital
  • $390,660Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $254,508Undivided profits
  • Memoranda
  • $131,152Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,575Income earned, not collected on loans
  • $24,508Earning assets
  • $5,120,289Long-term assets (5+ years)
  • $1,042,038Average Assets, year-to-date
  • $5,189,441Average Assets, quarterly
  • $5,430,112Volatile liabilities
  • $942,365Insider loans
  • $22,950FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,137,744Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $348,643Total risk weighted assets
  • $4,205,589Total unused commitments
  • $0Restructured Loans and leases
  • $75,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $363,177Total interest expense
  • $191,542Net interest income
  • $171,635Provision for loan and lease losses
  • $17,540Total noninterest income
  • $41,100Fiduciary activities
  • $3,028Service charges on deposit accounts
  • $28,146Trading account gains & fees
  • $0Additional noninterest income
  • $9,926Total noninterest expense
  • $133,443Salaries and employee benefits
  • $45,138Premises and equipment expense
  • $15,977Additional noninterest expense
  • $72,328Pre-tax net operating income
  • $61,752Securities gains (losses)
  • -$20Applicable income taxes
  • $17,282Income before extraordinary items
  • $44,450Extraordinary gains - net
  • $0Net income attributable to bank
  • $44,450Net charge-offs
  • $11,851Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.68%Cost of funding earning assets
  • 4.05%Net interest margin
  • 3.63%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 2.82%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 1.19%Return on equity (ROE)
  • 12.27%Retained earnings to average equity (YTD only)
  • 12.27%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 148.00%Efficiency ratio
  • 59,606Assets per employee
  • 4.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 216.07%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 103.97%Net loans and leases to core deposits
  • 111.97%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.70%Tier 1 risk-based capital ratio
  • 8.29%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $5,189,441Average earning assets
  • $362,220Average equity
  • $4,729,647Average loans

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