United Americas Bank, National Association in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 17, 2010

  • United Americas Bank, National Association in Atlanta, Georgia (GA)
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United Americas Bank, National Association - Overview

  • General
  • FDIC Certificate #: 35065
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: State Bank and Trust Company (#57870)
    Federal Reserve ID: 2806112
    Date Established: September 20, 1999
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 74370
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: September 20, 1999
    Last Structure Change Effective Date: December 17, 2010
    Last Structure Change Process Date: December 20, 2010
    Last Data Update: December 20, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3789 Roswell Road, Atlanta, GA 30342
    County: Fulton
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • History of Changes
  • Absorption - Assisted
    Office Sold
  • Financial Summary
  • Total assets: $242.3 mil

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2009)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $261,120Total assets
  • $30,926Cash and due from depository institutions
  • $27,189Interest-bearing balances
  • $7,105Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $199,798Net loans & leases
  • $7,096Loan loss allowance
  • $0Trading account assets
  • $2,190Bank premises and fixed assets
  • $12,643Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $8,458All other assets
  • $261,120Total liabilities and capital
  • $246,997Total liabilities
  • $196,642Total deposits
  • $175,696Interest-bearing deposits
  • $196,642Deposits held in domestic offices
  • 91.55%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $49,500Other borrowed funds
  • $0Subordinated debt
  • $855All other liabilities
  • $14,123Total equity capital
  • $14,123Total bank equity capital
  • $14,123Perpetual preferred stock
  • $0Common stock
  • $9,500Surplus
  • $5,520Undivided profits
  • Memoranda
  • $-897Noncurrent loans and leases
  • $8,750Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,014Earning assets
  • $0Long-term assets (5+ years)
  • $938Average Assets, year-to-date
  • $234,092Average Assets, quarterly
  • $40,518Volatile liabilities
  • $248,167Insider loans
  • $256,976FHLB advances
  • $50,434Loans and leases held for sale
  • $12,385Unused loan commitments
  • $49,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,750Total unused commitments
  • $0Restructured Loans and leases
  • $2,497Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $11,143Total interest income
  • $5,762Total interest expense
  • $5,381Net interest income
  • $8,943Provision for loan and lease losses
  • $2,089Total noninterest income
  • $0Fiduciary activities
  • $664Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,425Additional noninterest income
  • $6,646Total noninterest expense
  • $2,307Salaries and employee benefits
  • $651Premises and equipment expense
  • $3,688Additional noninterest expense
  • -$8,119Pre-tax net operating income
  • $0Securities gains (losses)
  • -$2,155Applicable income taxes
  • -$5,964Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,964Net income attributable to bank
  • $0Net charge-offs
  • -$5,964Cash dividends
  • $4,444Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 2.62%Cost of funding earning assets
  • 2.44%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • -2.40%Net operating income to assets
  • -2.40%Return on assets (ROA)
  • -3.27%Pretax return on assets
  • -31.34%Return on equity (ROE)
  • -33.45%Retained earnings to average equity (YTD only)
  • 2.10%Net charge-offs to loans
  • 201.24%Credit loss provision to net charge-offs
  • 0.19%Efficiency ratio
  • 88,969Assets per employee
  • 8.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -6.71%Loss allowance to loans
  • 3.43%Loss allowance to noncurrent loans
  • 88.55%Noncurrent assets plus other real estate owned to assets
  • 7.91%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 101.60%Net loans and leases to core deposits
  • 123.94%Equity capital to assets
  • 5.41%Core capital (leverage) ratio
  • 5.53%Tier 1 risk-based capital ratio
  • 7.23%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $248,167Average earning assets
  • $19,028Average equity
  • $220,326Average loans

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