The Village Bank in Chapel Hill, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1995

  • The Village Bank in Chapel Hill, North Carolina (NC)
  • Show street view No street view available for this location

The Village Bank - Overview

  • General
  • FDIC Certificate #: 23715
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Triangle Bank (#27145)
    Federal Reserve ID: 130925
    Date Established: March 08, 1982
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 16585
    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: March 08, 1982
    Last Structure Change Effective Date: November 01, 1995
    Last Structure Change Process Date: December 18, 1995
    Last Data Update: December 18, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: East Franklin Street And Elliot Road, Chapel Hill, NC 27514
    County: Orange
    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
    Metropolitan Statistical Area (MSA): Raleigh-Durham-Chapel Hill, NC (#6640)
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Durham-Chapel Hill, NC (#20500)
    CBSA Metro Statistical Area: Durham-Chapel Hill, NC (#20500)
  • Financial Summary
  • Total assets: $63.4 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)
  • $42Total assets
  • $63,834Cash and due from depository institutions
  • $6,012Interest-bearing balances
  • $480Securities
  • $11,901Federal funds sold & reverse repurchase agreements
  • $2,015Net loans & leases
  • $41,293Loan loss allowance
  • $803Trading account assets
  • $0Bank premises and fixed assets
  • $1,871Other real estate owned
  • $320Goodwill and other intangibles
  • $422Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,834Total liabilities
  • $59,405Total deposits
  • $58,609Interest-bearing deposits
  • $47,203Deposits held in domestic offices
  • 58609.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $343Subordinated debt
  • $0All other liabilities
  • $453Total equity capital
  • $453Total bank equity capital
  • $4,429Perpetual preferred stock
  • $0Common stock
  • $1,665Surplus
  • $3,212Undivided profits
  • Memoranda
  • $-448Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $343Income earned, not collected on loans
  • $231Earning assets
  • $55,689Long-term assets (5+ years)
  • $8,279Average Assets, year-to-date
  • $59,706Average Assets, quarterly
  • $61,890Volatile liabilities
  • $2,482Insider loans
  • $319FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,534Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,465Total risk weighted assets
  • $46,361Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,146Total interest expense
  • $1,648Net interest income
  • $2,498Provision for loan and lease losses
  • $100Total noninterest income
  • $782Fiduciary activities
  • $0Service charges on deposit accounts
  • $554Trading account gains & fees
  • $0Additional noninterest income
  • $228Total noninterest expense
  • $2,894Salaries and employee benefits
  • $1,300Premises and equipment expense
  • $609Additional noninterest expense
  • $985Pre-tax net operating income
  • $286Securities gains (losses)
  • $17Applicable income taxes
  • $0Income before extraordinary items
  • $303Extraordinary gains - net
  • $0Net income attributable to bank
  • $303Net charge-offs
  • $67Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $15Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.82%Cost of funding earning assets
  • 3.11%Net interest margin
  • 4.71%Noninterest income to earning assets
  • 1.47%Noninterest expense to earning assets
  • 5.46%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 0.51%Return on equity (ROE)
  • 7.09%Retained earnings to average equity (YTD only)
  • 7.09%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 149.25%Efficiency ratio
  • 88,232Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.91%Loss allowance to noncurrent loans
  • 234.11%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 70.46%Net loans and leases to core deposits
  • 73.12%Equity capital to assets
  • 6.94%Core capital (leverage) ratio
  • 7.24%Tier 1 risk-based capital ratio
  • 9.63%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $59,706Average earning assets
  • $4,272Average equity
  • $53,045Average loans

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