Trinity Bank
Monroe, NC — Non-member Bank
Acquired Nov 2005
Vitals
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Total Assets164.0M 11.2 %
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Total Deposits133.8M 7.6 %
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Total Net Loans113.3M 12.0 %
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Net Income812000.0000 33.8 %
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Book Value13.9M 14.7 %
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Book Value x227.7M 14.7 %
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Book Value x341.6M 14.7 %
Balance Sheet Highlights
| Financial Highlights | Trinity Bank | All Insured Commercial Banks in North Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 163,994 | 961,357 |
| Total Net Loans | 113,259 | 636,619 |
| Total Deposits | 133,804 | 693,115 |
| Total Equity | 13,856 | 111,587 |
| Profitability | ||
| Net Income | 812 | 278,167 |
| Return on Average Assets | .679 | .991 |
| Return on Average Equity | 8.011 | 10.26 |
| Net Interest Margin | 3.503 | 4.072 |
| Efficiency Ratio | 65.872 | 67.785 |
| Noninterest Income/Revenue | 8.049 | 43.822 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 84.646 | 90.371 |
| Securities/Assets | .235 | 2.13 |
| Total Equity/Total Assets | .084 | .116 |
| Tangible Equity/Tangible Assets | .084 | -2.305 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 14,213 | 84,169 |
| Tier 2 Capital | 2,986 | 24,409 |
| Total Capital | 17,199 | 96,569 |
| Total Risk Weighted Assets | 125,767 | 717,090 |
| Leverage Ratio | 8.57 | 10.459 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 11.3 | 12.856 |
| Total Capital Ratio | 13.68 | 14.207 |
Timeline for Trinity Bank
Citizens South Bank
Trinity Bank was acquired by Citizens South Bank 18 years
View Profile Nov 01 2005
First Citizens Bancorporation, Inc.
First Citizens Bancorporation, Inc. became a new parent organization for Trinity Bank.
View Profile Jun 20 2002
Trinity Bank
Trinity Bank was established 24 years ago and is currently headquartered in Monroe, NC.
Nov 01 1999| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Citizens South Bank | Buyer | 938,239 | Discontinued | 11/1/2005 |
| Relationships | Role | Relationship Start | Relationship End |
| First Citizens Bancorporation, Inc. | Parent | 6/20/2002 | 10/31/2005 |
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