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

  • Century Bank of Georgia in Cartersville, Georgia (GA)
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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
  • NoIDNameAddressEstablishedService TypeMap
    076793Century Bank Of Georgia215 East Main Street, Cartersville, GA 30120June 29, 2000Full Service Brick and Mortar
    2464469Belmont Office Branch415 West Belmont Drive, Calhoun, GA 30701March 19, 2007Full Service Brick and Mortar
    3428182Community Bank Of Rockmart Branch1400 Chattahoochee Drive, Rockmart, GA 30153May 09, 2005Full Service Brick and Mortar
    4526990Rockmark Branch1400 Nathan Dean Pkwy, Rockmart, GA 30153November 11, 2011Full Service Brick and Mortar

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