Unity Bank & Trust Company in Rocky Mount, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 1995

  • Unity Bank & Trust Company in Rocky Mount, North Carolina (NC)
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Unity Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 27585
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Triangle Bank (#27145)
    Federal Reserve ID: 1400933
    Date Established: September 05, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 11084
    FDIC's unique #: 40417
    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: September 05, 1989
    Last Structure Change Effective Date: May 12, 1995
    Last Structure Change Process Date: May 24, 1995
    Last Data Update: May 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 450 North Winstead Avenue, Rocky Mount, NC 27804
    County: Nash
    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): Rocky Mount, NC (#6895)
    Core Based Statistical Area (CBSA): Rocky Mount, NC (#40580)
    CBSA Metro Statistical Area: Rocky Mount, NC (#40580)
  • Financial Summary
  • Total assets: $166.5 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)
  • $118Total assets
  • $171,633Cash and due from depository institutions
  • $10,323Interest-bearing balances
  • $79Securities
  • $45,674Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $100,433Loan loss allowance
  • $1,293Trading account assets
  • $440Bank premises and fixed assets
  • $5,265Other real estate owned
  • $0Goodwill and other intangibles
  • $3,761Life insurance assets
  • $5,737All other assets
  • $0Total liabilities and capital
  • $171,633Total liabilities
  • $158,253Total deposits
  • $134,738Interest-bearing deposits
  • $112,781Deposits held in domestic offices
  • 134738.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $11,183Trading liabilities
  • $0Other borrowed funds
  • $9,106Subordinated debt
  • $2,000All other liabilities
  • $1,226Total equity capital
  • $1,226Total bank equity capital
  • $13,380Perpetual preferred stock
  • $0Common stock
  • $7,621Surplus
  • $6,636Undivided profits
  • Memoranda
  • $-877Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $579Income earned, not collected on loans
  • $1,122Earning assets
  • $146,626Long-term assets (5+ years)
  • $30,454Average Assets, year-to-date
  • $168,822Average Assets, quarterly
  • $176,022Volatile liabilities
  • $24,868Insider loans
  • $5,608FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $21,456Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,478Total risk weighted assets
  • $114,675Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,162Total interest expense
  • $4,666Net interest income
  • $7,496Provision for loan and lease losses
  • $497Total noninterest income
  • $1,981Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,134Trading account gains & fees
  • -$153Additional noninterest income
  • $1,000Total noninterest expense
  • $8,027Salaries and employee benefits
  • $3,456Premises and equipment expense
  • $1,592Additional noninterest expense
  • $2,979Pre-tax net operating income
  • $953Securities gains (losses)
  • -$582Applicable income taxes
  • $345Income before extraordinary items
  • $26Extraordinary gains - net
  • $0Net income attributable to bank
  • $26Net charge-offs
  • $655Cash dividends
  • $629Sale, 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
  • 8.29%Cost of funding earning assets
  • 3.18%Net interest margin
  • 5.11%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 5.47%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.02%Pretax return on assets
  • 0.22%Return on equity (ROE)
  • 0.18%Retained earnings to average equity (YTD only)
  • -4.16%Net charge-offs to loans
  • 0.64%Credit loss provision to net charge-offs
  • 75.88%Efficiency ratio
  • 75,150Assets per employee
  • 1.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 2419.23%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 223.32%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 74.54%Net loans and leases to core deposits
  • 82.56%Equity capital to assets
  • 7.80%Core capital (leverage) ratio
  • 6.24%Tier 1 risk-based capital ratio
  • 9.14%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $168,822Average earning assets
  • $14,480Average equity
  • $146,681Average loans

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