The Anchor Bank of North Carolina in Hampstead, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 04, 1996

  • The Anchor Bank of North Carolina in Hampstead, North Carolina (NC)
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The Anchor Bank of North Carolina - Overview

  • General
  • FDIC Certificate #: 26795
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Anchor Bank (#21758)
    Federal Reserve ID: 414821
    Date Established: October 06, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 9683
    FDIC's unique #: 35951
    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: October 06, 1986
    Last Structure Change Effective Date: October 04, 1996
    Last Structure Change Process Date: October 31, 1996
    Last Data Update: October 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: U.S. Highway 17 And Forest Sound Road, Hampstead, NC 28443
    County: Pender
    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
    Core Based Statistical Area (CBSA): Wilmington, NC (#48900)
    CBSA Metro Statistical Area: Wilmington, NC (#48900)
  • Financial Summary
  • Total assets: $70.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $37Total assets
  • $54,142Cash and due from depository institutions
  • $2,433Interest-bearing balances
  • $99Securities
  • $8,472Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $41,567Loan loss allowance
  • $492Trading account assets
  • $0Bank premises and fixed assets
  • $1,001Other real estate owned
  • $0Goodwill and other intangibles
  • $669Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $54,142Total liabilities
  • $49,066Total deposits
  • $46,419Interest-bearing deposits
  • $41,921Deposits held in domestic offices
  • 46419.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $2,125Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $522Total equity capital
  • $522Total bank equity capital
  • $5,076Perpetual preferred stock
  • $0Common stock
  • $1,554Surplus
  • $1,599Undivided profits
  • Memoranda
  • $1,923Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $31Income earned, not collected on loans
  • $302Earning assets
  • $50,138Long-term assets (5+ years)
  • $1,631Average Assets, year-to-date
  • $51,381Average Assets, quarterly
  • $53,428Volatile liabilities
  • $4,932Insider loans
  • $2,027FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,608Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,034Total risk weighted assets
  • $38,290Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,280Total interest expense
  • $1,902Net interest income
  • $2,378Provision for loan and lease losses
  • $16Total noninterest income
  • $409Fiduciary activities
  • $0Service charges on deposit accounts
  • $345Trading account gains & fees
  • $0Additional noninterest income
  • $64Total noninterest expense
  • $1,798Salaries and employee benefits
  • $934Premises and equipment expense
  • $334Additional noninterest expense
  • $530Pre-tax net operating income
  • $973Securities gains (losses)
  • $0Applicable income taxes
  • $362Income before extraordinary items
  • $611Extraordinary gains - net
  • $0Net income attributable to bank
  • $611Net charge-offs
  • -$13Cash dividends
  • $50Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.94%Cost of funding earning assets
  • 3.97%Net interest margin
  • 4.97%Noninterest income to earning assets
  • 0.85%Noninterest expense to earning assets
  • 3.76%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.89%Return on equity (ROE)
  • 12.88%Retained earnings to average equity (YTD only)
  • 11.82%Net charge-offs to loans
  • -0.03%Credit loss provision to net charge-offs
  • -123.08%Efficiency ratio
  • 64,514Assets per employee
  • 1.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.18%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 1587.10%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 89.55%Net loans and leases to core deposits
  • 95.31%Equity capital to assets
  • 9.38%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 13.15%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $51,381Average earning assets
  • $4,744Average equity
  • $47,859Average loans

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