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

This bank is inactive as of April 01, 1995

  • Standard Bank & Trust Company in Dunn, North Carolina (NC)
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Standard Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 27333
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Triangle Bank (#27145)
    Federal Reserve ID: 1216312
    Date Established: September 06, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 39601
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 06, 1988
    Last Structure Change Effective Date: April 01, 1995
    Last Structure Change Process Date: May 12, 1995
    Last Data Update: May 12, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1100 West Broad Street, Dunn, NC 28334
    County: Harnett
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Dunn, NC (#20380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $87.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $33Total assets
  • $89,410Cash and due from depository institutions
  • $3,722Interest-bearing balances
  • $899Securities
  • $18,575Federal funds sold & reverse repurchase agreements
  • $3,990Net loans & leases
  • $58,573Loan loss allowance
  • $943Trading account assets
  • $0Bank premises and fixed assets
  • $1,209Other real estate owned
  • $151Goodwill and other intangibles
  • $1,735Life insurance assets
  • $1,455All other assets
  • $0Total liabilities and capital
  • $89,410Total liabilities
  • $81,439Total deposits
  • $80,308Interest-bearing deposits
  • $68,081Deposits held in domestic offices
  • 80308.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,131Total equity capital
  • $1,131Total bank equity capital
  • $7,971Perpetual preferred stock
  • $0Common stock
  • $3,650Surplus
  • $3,583Undivided profits
  • Memoranda
  • $738Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $364Income earned, not collected on loans
  • $510Earning assets
  • $82,037Long-term assets (5+ years)
  • $8,400Average Assets, year-to-date
  • $82,263Average Assets, quarterly
  • $88,865Volatile liabilities
  • $3,804Insider loans
  • $6,845FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $12,003Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,001Total risk weighted assets
  • $63,792Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,051Total interest expense
  • $2,503Net interest income
  • $3,548Provision for loan and lease losses
  • $525Total noninterest income
  • $524Fiduciary activities
  • $0Service charges on deposit accounts
  • $414Trading account gains & fees
  • $0Additional noninterest income
  • $110Total noninterest expense
  • $2,613Salaries and employee benefits
  • $1,155Premises and equipment expense
  • $469Additional noninterest expense
  • $989Pre-tax net operating income
  • $934Securities gains (losses)
  • -$879Applicable income taxes
  • $83Income before extraordinary items
  • -$28Extraordinary gains - net
  • $0Net income attributable to bank
  • -$28Net charge-offs
  • $15Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $721Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.14%Cost of funding earning assets
  • 3.37%Net interest margin
  • 4.77%Noninterest income to earning assets
  • 0.70%Noninterest expense to earning assets
  • 3.51%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • -0.03%Pretax return on assets
  • 0.07%Return on equity (ROE)
  • -0.35%Retained earnings to average equity (YTD only)
  • -0.35%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 3500.00%Efficiency ratio
  • 59,897Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 259.07%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 72.94%Net loans and leases to core deposits
  • 76.56%Equity capital to assets
  • 8.92%Core capital (leverage) ratio
  • 7.98%Tier 1 risk-based capital ratio
  • 10.97%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $82,263Average earning assets
  • $7,912Average equity
  • $74,341Average loans

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