Midcarolina Bank
Burlington, NC — Domestic Branch of a Domestic Bank
Acquired Jul 2011
Vitals
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Total Assets477.8M -14.8 %
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Total Deposits419.3M -14.2 %
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Total Net Loans361.1M -13.8 %
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Net Income-6566000.0000 -1,118.0 %
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Book Value43.1M -11.3 %
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Book Value x286.3M -11.3 %
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Book Value x3129.4M -11.3 %
Balance Sheet Highlights
| Financial Highlights | Midcarolina Bank | All Insured Commercial Banks in North Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 477,758 | 902,343 |
| Total Net Loans | 361,090 | 593,816 |
| Total Deposits | 419,342 | 763,710 |
| Total Equity | 43,142 | 81,853 |
| Profitability | ||
| Net Income | -6,566 | -298 |
| Return on Average Assets | -2.512 | -.201 |
| Return on Average Equity | -28.109 | -3.327 |
| Net Interest Margin | 3.627 | 3.451 |
| Efficiency Ratio | 348.428 | 81.672 |
| Noninterest Income/Revenue | -110.854 | 13.906 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 86.109 | 79.949 |
| Securities/Assets | .104 | .182 |
| Total Equity/Total Assets | .09 | .091 |
| Tangible Equity/Tangible Assets | .09 | .087 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 39,506 | 77,804 |
| Tier 2 Capital | 4,890 | 9,749 |
| Total Capital | 44,396 | 87,537 |
| Total Risk Weighted Assets | 388,162 | 614,231 |
| Leverage Ratio | 7.8 | 8.997 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 10.18 | 12.465 |
| Total Capital Ratio | 11.44 | 13.989 |
Timeline for Midcarolina Bank
American National Bank And Trust Company
Midcarolina Bank was acquired by American National Bank And Trust Company 12 years
View Profile Jul 01 2011
Midcarolina Financial Corporation
Midcarolina Financial Corporation became a new parent organization for Midcarolina Bank.
View Profile Jun 01 2002
Midcarolina Investments Inc
Midcarolina Investments Inc became a new subsidiary organization for Midcarolina Bank.
View Profile Jun 01 2002
Midcarolina Bank
Midcarolina Bank was established 26 years ago and is currently headquartered in Burlington, NC.
Aug 14 1997| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| American National Bank And Trust Company | Buyer | 1,611,624 | Acquisition | Discontinued | 7/1/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| Midcarolina Financial Corporation | Parent | 6/1/2002 | 6/30/2011 |
| Midcarolina Investments Inc | Subsidary | 6/30/2007 | 6/30/2011 |
| Midcarolina Investments Inc | Subsidary | 6/1/2002 | 6/29/2007 |
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