Institution Statistics
| FDIC Certificate # | 58420 | | OTS # | 18016 | | BankRate Report | View | | Year Established | 2007 | | Employees | 61 | | Primary Regulator | OTS |
Assets and Liabilities | | Assets | $283.72 million | | Loans | $184.12 million | | Deposits | $248.46 million | | Equity Capital | $21.43 million | | Loan Loss Allowance | $1.90 million | | Unbacked Noncurrent Loans | $18.77 million | | Real Estate Owned | $694,000 |
Historic Data - March 2009 | | Assets | $206.41 million | | Equity Capital | $30.36 million | | Loan Loss Allowance | $1.90 million | | Unbacked Noncurrent Loans | $2.13 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.65% | | Return on Assets | -5.9% | | Return on Equity | -70.92% | | Interest Income | $2.92 million |
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Institution Health
Overall Score:
2 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2010 Atlantic Bank and Trust had $19.47 million in non-current loans and owned real-estate with $23.33 million in equity and loan loss allowances on hand to cover it. This gives Atlantic Bank and Trust a Texas Ratio of 83.46% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Atlantic Bank and Trust increased dramatically from 6.61% as of March 31, 2009 to 83.46% as of March 31, 2010, resulting in a negative change of 1,162.06%. This indicates that the balance sheet and financial strength for Atlantic Bank and Trust has declined dramatically in recent periods. | | Deposit Growth |  | | In the past year, Atlantic Bank and Trust has increased it's total deposits by $89.21 million, resulting in 56.01% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Atlantic Bank and Trust has shown is excellent. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Atlantic Bank and Trust has $283.72 million in assets with $23.33 million in equity, resulting in a capitalization level of 8.22%, which is below average. |
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