Century Bank of Georgia in city_name, state_name - Detailed Financial Reports, Location

Century Bank of Georgia in Cartersville, Georgia (GA)
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Century Bank of Georgia routing number info

Century Bank of Georgia - Overview

General
FDIC Certificate #: 35236
Status: Active
Federal Reserve ID: 2921211
Bank Holding Company (Regulatory Top Holder): Cbb Bancorp (RSSDID: 3236640, Location: Cartersville, GA)
Date Established: June 29, 2000
WWW: http://www.centurybanknet.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 76793
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: June 29, 2000
Last Structure Change Effective Date: November 10, 2011
Last Structure Change Process Date: November 14, 2011
Last Data Update: November 14, 2011
Data Source Date: April 05, 2012
Location
Address: 215 East Main Street, Cartersville, GA 30120
County: Bartow
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
Participated in FDIC Assisted Absorption/Consolidation/Merger
Financial Summary
Total assets: $147.6 mil
Equity capital: $16.5 mil
Deposits held in domestic offices: $125.1 mil
Return on assets (ROA): 1.66% ($2.5 mil)
Quarterly return on assets: 5.06% ($7.5 mil)
Return on Equity (ROE): 14.85% ($2.4 mil)
Quarterly return on equity: 44.78% ($7.2 mil)
Net income: $2.0 mil
Quarterly Net income: $1.7 mil
Pretax return on assets: 2.53% ($3,733.8 mil)
Quarterly Pretax return on assets: 7.96% ($11,747.5 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
37Total employees (full-time equivalent)
$147,582Total assets
$44,206Cash and due from depository institutions
$23,295Interest-bearing balances
$11,147Securities
$0Federal funds sold & reverse repurchase agreements
$79,985Net loans & leases
$1,723Loan loss allowance
$0Trading account assets
$4,731Bank premises and fixed assets
$2,575Other real estate owned
$0Goodwill and other intangibles
$147,582Life insurance assets
$4,938All other assets
$131,100Total liabilities and capital
$125,116Total liabilities
$106,471Total deposits
$125,116Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$984Subordinated debt
$16,482All other liabilities
$16,482Total equity capital
$16,482Total bank equity capital
$0Perpetual preferred stock
$3,950Common stock
$8,690Surplus
$3,842Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,503Income earned, not collected on loans
$0Earning assets
$438Long-term assets (5+ years)
$114,427Average Assets, year-to-date
$13,178Average Assets, quarterly
$122,284Volatile liabilities
$131,978Insider loans
$90,581FHLB advances
$152,506Loans and leases held for sale
$2,937Unused loan commitments
$2,937Tier 1 (core) risk-based capital
$16,206Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,467Restructured Loans and leases
$3,337Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,562Total interest income
$1,413Total interest expense
$4,149Net interest income
$595Provision for loan and lease losses
$3,957Total noninterest income
$0Fiduciary activities
$356Service charges on deposit accounts
$0Trading account gains & fees
$3,601Additional noninterest income
$4,580Total noninterest expense
$1,747Salaries and employee benefits
$456Premises and equipment expense
$2,377Additional noninterest expense
$2,931Pre-tax net operating income
$166Securities gains (losses)
$1,061Applicable income taxes
$2,036Income before extraordinary items
$0Extraordinary gains - net
$2,036Net income attributable to bank
$0Net charge-offs
$2,036Cash dividends
$583Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.46%Yield on earning assets
1.39%Cost of funding earning assets
4.07%Net interest margin
3.88%Noninterest income to earning assets
4.49%Noninterest expense to earning assets
1.58%Net operating income to assets
1.66%Return on assets (ROA)
2.53%Pretax return on assets
14.85%Return on equity (ROE)
14.85%Retained earnings to average equity (YTD only)
0.81%Net charge-offs to loans
102.06%Credit loss provision to net charge-offs
6.05%Efficiency ratio
56,501Assets per employee
3.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
49.19%Noncurrent assets plus other real estate owned to assets
4.12%Noncurrent loans to loans
4.29%Net loans and leases to deposits
63.93%Net loans and leases to core deposits
68.14%Equity capital to assets
11.17%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
17.89%Total risk-based capital ratio
Memoranda
$19Average assets
$122,284Average earning assets
$13,714Average equity
$101,959Average loans

List of branches

4 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	76793	Century Bank Of Georgia	215 East Main Street, Cartersville, GA 30120	June 29, 2000	Full Service Brick and Mortar
2	464469	Belmont Office Branch	415 West Belmont Drive, Calhoun, GA 30701	March 19, 2007	Full Service Brick and Mortar
3	428182	Community Bank Of Rockmart Branch	1400 Chattahoochee Drive, Rockmart, GA 30153	May 09, 2005	Full Service Brick and Mortar
4	526990	Rockmark Branch	1400 Nathan Dean Pkwy, Rockmart, GA 30153	November 11, 2011	Full Service Brick and Mortar

Century Bank of Georgia in Cartersville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Century Bank of Georgia - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Century Bank of Georgia in Cartersville, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Century Bank of Georgia - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Century Bank of Georgia in Cartersville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches