Vitals
  • Total Assets
    404.9M -10.3 %
  • Total Deposits
    349.7M -12.2 %
  • Total Net Loans
    293.4M -8.2 %
  • Net Income
    3.2M -0.1 %
  • Book Value
    52.5M 6.5 %
  • Book Value x2
    105.0M 6.5 %
  • Book Value x3
    157.5M 6.5 %
ROAA

.992

ROAE

8.343

Efficiency Ratio

56.475

Net Interest Margin

3.614

Balance Sheet Highlights
Financial Highlights Trustatlantic Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 404,900 1,807,586
Total Net Loans 293,411 1,170,779
Total Deposits 349,654 1,503,704
Total Equity 52,513 188,140
Profitability
Net Income 3,218 10,722
Return on Average Assets .992 .821
Return on Average Equity 8.343 7.027
Net Interest Margin 3.614 3.714
Efficiency Ratio 56.475 76.079
Noninterest Income/Revenue 3.582 24.759
Balance Sheet Ratios
Loan-to-Deposit 83.915 82.763
Securities/Assets .179 .205
Total Equity/Total Assets .13 .104
Tangible Equity/Tangible Assets .12 .094
Capital Adequacy
Tier 1 Common Capital 47,375 167,676
Tier 1 Capital 47,375 168,284
Tier 2 Capital 4,201 12,987
Total Capital 51,576 181,251
Total Risk Weighted Assets 334,825 1,322,504
Leverage Ratio 11.46 10.082
Common Equity Tier 1 Capital Ratio 14.15 13.216
Tier 1 Capital Ratio 14.15 13.409
Total Capital Ratio 15.4 14.568

Timeline for Trustatlantic Bank

First Tennessee Bank, National Association

Trustatlantic Bank was acquired by First Tennessee Bank, National Association 8 years

View Profile Oct 17 2015

First Horizon Merger Sub, Llc

First Horizon Merger Sub, Llc became a new parent organization for Trustatlantic Bank.

View Profile Oct 03 2015

Pods Ventures Llc

Pods Ventures Llc became a new subsidiary organization for Trustatlantic Bank.

View Profile Aug 02 2011

Chalet Properties Llc

Chalet Properties Llc became a new subsidiary organization for Trustatlantic Bank.

View Profile Aug 14 2009

Trustatlantic Financial Corporation

Trustatlantic Financial Corporation became a new parent organization for Trustatlantic Bank.

View Profile Jun 07 2007

Want to see more?

Complete timeline for Trustatlantic Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Tennessee Bank, National Association Buyer 28,254,043 Pooling of Interests Discontinued 10/17/2015
Relationships Role Relationship Start Relationship End
First Horizon Merger Sub, Llc Parent 10/3/2015 10/16/2015
Trustatlantic Financial Corporation Parent 6/7/2007 10/2/2015
Pods Ventures Llc Subsidary 8/2/2011 10/16/2015
Chalet Properties Llc Subsidary 8/14/2009 6/18/2015
Similar Organizations
Organization City State Total Assets
First Minnesota Bank
 		Minnetonka MN 405.6M
Peoples Bank & Trust
 		Pana IL 406.4M
Northeast Bank
 		Minneapolis MN 406.7M
Gold Coast Bank
 		Islandia NY 400.4M
Citizens Bank & Trust
 		Guntersville AL 395.2M
F & M Bank
 		Edmond OK 394.8M
The Muncy Bank And Trust Company
 		Muncy PA 394.3M
Security State Bank
 		Centralia WA 416.6M
West Texas State Bank
 		Odessa TX 392.6M
First Community Bank
 		Corpus Christi TX 402.8M