The First National Bank of Atlanta in Atlanta, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 1994

The First National Bank of Atlanta in Atlanta, Texas (TX)
Show street view No street view available for this location

The First National Bank of Atlanta - Overview

General
FDIC Certificate #: 3081
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The First National Bank of Hughes Springs (#3268)
Federal Reserve ID: 143756
Date Established: January 01, 1893
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 1962
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 03, 1994
Last Structure Change Process Date: January 24, 1994
Last Data Update: January 24, 1994
Data Source Date: April 05, 2012
Location
Address: 220 North Louise, Atlanta, TX 75551
County: Cass
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $39.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$23Total assets
$39,746Cash and due from depository institutions
$2,732Interest-bearing balances
$0Securities
$19,542Federal funds sold & reverse repurchase agreements
$5,750Net loans & leases
$10,504Loan loss allowance
$197Trading account assets
$0Bank premises and fixed assets
$529Other real estate owned
$233Goodwill and other intangibles
$456Life insurance assets
$0All other assets
$0Total liabilities and capital
$39,746Total liabilities
$35,248Total deposits
$35,130Interest-bearing deposits
$29,862Deposits held in domestic offices
35130.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$118Total equity capital
$118Total bank equity capital
$4,498Perpetual preferred stock
$0Common stock
$469Surplus
$657Undivided profits
Memoranda
$3,372Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$164Income earned, not collected on loans
$133Earning assets
$35,796Long-term assets (5+ years)
$622Average Assets, year-to-date
$41,231Average Assets, quarterly
$39,960Volatile liabilities
$3,302Insider loans
$438FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,498Total risk weighted assets
$15,175Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,394Total interest expense
$994Net interest income
$1,400Provision for loan and lease losses
-$50Total noninterest income
$336Fiduciary activities
$0Service charges on deposit accounts
$228Trading account gains & fees
$0Additional noninterest income
$108Total noninterest expense
$1,275Salaries and employee benefits
$563Premises and equipment expense
$113Additional noninterest expense
$599Pre-tax net operating income
$511Securities gains (losses)
$62Applicable income taxes
$147Income before extraordinary items
$426Extraordinary gains - net
$0Net income attributable to bank
$426Net charge-offs
-$14Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.44%Cost of funding earning assets
2.67%Net interest margin
3.77%Noninterest income to earning assets
0.90%Noninterest expense to earning assets
3.43%Net operating income to assets
0.92%Return on assets (ROA)
1.03%Pretax return on assets
1.39%Return on equity (ROE)
9.85%Retained earnings to average equity (YTD only)
7.54%Net charge-offs to loans
-0.13%Credit loss provision to net charge-offs
357.14%Efficiency ratio
73,445Assets per employee
1.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.47%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
120.12%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
1.53%Net loans and leases to deposits
29.90%Net loans and leases to core deposits
33.00%Equity capital to assets
11.32%Core capital (leverage) ratio
11.24%Tier 1 risk-based capital ratio
29.64%Total risk-based capital ratio
Memoranda
$31Average assets
$41,231Average earning assets
$4,323Average equity
$37,174Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Atlanta.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.