Trust Company Bank of North Georgia in Gainesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1995

  • Trust Company Bank of North Georgia in Gainesville, Georgia (GA)
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Trust Company Bank of North Georgia - Overview

  • General
  • FDIC Certificate #: 30930
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank, Northeast Georgia, National Association (#2114)
    Federal Reserve ID: 706571
    Date Established: January 01, 1956
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 6132
    FDIC's unique #: 43764
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 07, 1957
    Last Structure Change Effective Date: January 01, 1995
    Last Structure Change Process Date: January 12, 1995
    Last Data Update: January 12, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 104 Green Street Ne, Gainesville, GA 30501
    County: Hall
    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
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Gainesville, GA (#23580)
    CBSA Metro Statistical Area: Gainesville, GA (#23580)
  • Financial Summary
  • Total assets: $318.3 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)
  • $156Total assets
  • $318,320Cash and due from depository institutions
  • $5,273Interest-bearing balances
  • $0Securities
  • $30,999Federal funds sold & reverse repurchase agreements
  • $3,575Net loans & leases
  • $267,808Loan loss allowance
  • $6,761Trading account assets
  • $0Bank premises and fixed assets
  • $5,931Other real estate owned
  • $1,893Goodwill and other intangibles
  • $2,841Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $318,320Total liabilities
  • $295,842Total deposits
  • $244,989Interest-bearing deposits
  • $224,775Deposits held in domestic offices
  • 244989.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $36,500Trading liabilities
  • $0Other borrowed funds
  • $10,882Subordinated debt
  • $1,500All other liabilities
  • $1,971Total equity capital
  • $1,971Total bank equity capital
  • $22,478Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $10,459Undivided profits
  • Memoranda
  • $12,018Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,694Income earned, not collected on loans
  • $1,545Earning assets
  • $302,382Long-term assets (5+ years)
  • $27,841Average Assets, year-to-date
  • $319,434Average Assets, quarterly
  • $318,661Volatile liabilities
  • $53,064Insider loans
  • $734FHLB advances
  • $0Loans and leases held for sale
  • $238Unused loan commitments
  • $34,517Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,018Total risk weighted assets
  • $236,114Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $24,410Total interest expense
  • $10,902Net interest income
  • $13,508Provision for loan and lease losses
  • $1,200Total noninterest income
  • $4,099Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,583Trading account gains & fees
  • $0Additional noninterest income
  • $2,516Total noninterest expense
  • $12,411Salaries and employee benefits
  • $5,848Premises and equipment expense
  • $1,239Additional noninterest expense
  • $5,324Pre-tax net operating income
  • $3,996Securities gains (losses)
  • $6Applicable income taxes
  • $1,131Income before extraordinary items
  • $2,871Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,871Net charge-offs
  • $979Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.07%Cost of funding earning assets
  • 3.60%Net interest margin
  • 4.47%Noninterest income to earning assets
  • 1.36%Noninterest expense to earning assets
  • 4.10%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 1.25%Return on equity (ROE)
  • 13.42%Retained earnings to average equity (YTD only)
  • 13.42%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 122.57%Efficiency ratio
  • 70,489Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.46%Loss allowance to noncurrent loans
  • 101.00%Noncurrent assets plus other real estate owned to assets
  • 2.55%Noncurrent loans to loans
  • 2.44%Net loans and leases to deposits
  • 109.31%Net loans and leases to core deposits
  • 117.07%Equity capital to assets
  • 7.06%Core capital (leverage) ratio
  • 7.22%Tier 1 risk-based capital ratio
  • 9.75%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $319,434Average earning assets
  • $21,392Average equity
  • $302,437Average loans

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