Vinings Bank in Smyrna, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Vinings Bank - Overview

  • General
  • FDIC Certificate #: 58533
    Status: Active
    Federal Reserve ID: 3613559
    Date Established: July 09, 2007
    WWW: http://www.viningsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 455603
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 09, 2007
    Last Structure Change Effective Date: May 22, 2009
    Last Structure Change Process Date: May 26, 2009
    Last Data Update: May 26, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 4135 Atlanta Road, Smyrna, GA 30080
    County: Cobb
    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
  • Change in Location
  • Financial Summary
  • Total assets: $219.9 mil
    Equity capital: $21.3 mil
    Deposits held in domestic offices: $187.8 mil
    Return on assets (ROA): 1.73% ($3.8 mil)
    Quarterly return on assets: 1.26% ($2.8 mil)
    Return on Equity (ROE): 18.71% ($3.9 mil)
    Quarterly return on equity: 12.75% ($2.7 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.73% ($3,804.6 mil)
    Quarterly Pretax return on assets: 1.26% ($2,771.0 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, 2011)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $219,920Total assets
  • $10,865Cash and due from depository institutions
  • $6,186Interest-bearing balances
  • $113,733Securities
  • $1,442Federal funds sold & reverse repurchase agreements
  • $80,605Net loans & leases
  • $2,540Loan loss allowance
  • $0Trading account assets
  • $5,078Bank premises and fixed assets
  • $5,459Other real estate owned
  • $0Goodwill and other intangibles
  • $219,920Life insurance assets
  • $2,738All other assets
  • $198,599Total liabilities and capital
  • $187,830Total liabilities
  • $168,863Total deposits
  • $187,830Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,300Trading liabilities
  • $0Other borrowed funds
  • $469Subordinated debt
  • $21,321All other liabilities
  • $21,321Total equity capital
  • $21,321Total bank equity capital
  • $0Perpetual preferred stock
  • $10,032Common stock
  • $12,204Surplus
  • $-915Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,986Income earned, not collected on loans
  • $0Earning assets
  • $1,386Long-term assets (5+ years)
  • $201,966Average Assets, year-to-date
  • $118,281Average Assets, quarterly
  • $205,155Volatile liabilities
  • $215,868Insider loans
  • $140,096FHLB advances
  • $218,145Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,094Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,701Restructured Loans and leases
  • $753Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,327Total interest income
  • $2,150Total interest expense
  • $7,177Net interest income
  • $140Provision for loan and lease losses
  • $371Total noninterest income
  • $0Fiduciary activities
  • $39Service charges on deposit accounts
  • $0Trading account gains & fees
  • $332Additional noninterest income
  • $4,721Total noninterest expense
  • $2,340Salaries and employee benefits
  • $407Premises and equipment expense
  • $1,974Additional noninterest expense
  • $2,687Pre-tax net operating income
  • $856Securities gains (losses)
  • $0Applicable income taxes
  • $3,543Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,543Net income attributable to bank
  • $0Net charge-offs
  • $3,543Cash dividends
  • $819Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.73%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 18.71%Return on equity (ROE)
  • 18.71%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 17.09%Credit loss provision to net charge-offs
  • 3.45%Efficiency ratio
  • 62,546Assets per employee
  • 9.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.05%Loss allowance to noncurrent loans
  • 85.06%Noncurrent assets plus other real estate owned to assets
  • 3.84%Noncurrent loans to loans
  • 3.59%Net loans and leases to deposits
  • 42.91%Net loans and leases to core deposits
  • 47.08%Equity capital to assets
  • 9.69%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 14.34%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $205,155Average earning assets
  • $18,936Average equity
  • $189,360Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0455603Vinings Bank4135 Atlanta Road, Smyrna, GA 30080July 09, 2007Full Service Brick and Mortar

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