Cheaha Bank in Oxford, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Cheaha Bank - Overview

  • General
  • FDIC Certificate #: 35514
    Status: Active
    Federal Reserve ID: 2915126
    Bank Holding Company (Regulatory Top Holder): Cheaha Financial Group, Inc. (RSSDID: 2915117, Location: Oxford, AL)
    Date Established: August 23, 2000
    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 #: 81167
    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: August 23, 2000
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1320 Highway Drive, Oxford, AL 36203
    County: Calhoun
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Anniston, AL (#450)
    Core Based Statistical Area (CBSA): Anniston-Oxford, AL (#11500)
    CBSA Metro Statistical Area: Anniston-Oxford, AL (#11500)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $171.0 mil
    Equity capital: $16.4 mil
    Deposits held in domestic offices: $141.5 mil
    Return on assets (ROA): 0.91% ($1.6 mil)
    Quarterly return on assets: 1.24% ($2.1 mil)
    Return on Equity (ROE): 9.65% ($1.5 mil)
    Quarterly return on equity: 12.80% ($2.0 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.02% ($1,743.9 mil)
    Quarterly Pretax return on assets: 1.43% ($2,444.9 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
  • 39Total employees (full-time equivalent)
  • $170,974Total assets
  • $7,908Cash and due from depository institutions
  • $603Interest-bearing balances
  • $57,433Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $94,042Net loans & leases
  • $1,064Loan loss allowance
  • $0Trading account assets
  • $4,897Bank premises and fixed assets
  • $1,925Other real estate owned
  • $0Goodwill and other intangibles
  • $170,974Life insurance assets
  • $4,769All other assets
  • $154,550Total liabilities and capital
  • $141,533Total liabilities
  • $129,142Total deposits
  • $141,533Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,900Trading liabilities
  • $0Other borrowed funds
  • $1,117Subordinated debt
  • $16,424All other liabilities
  • $16,424Total equity capital
  • $16,424Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $9,399Surplus
  • $7,024Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $878Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $573Income earned, not collected on loans
  • $0Earning assets
  • $846Long-term assets (5+ years)
  • $152,078Average Assets, year-to-date
  • $60,202Average Assets, quarterly
  • $169,003Volatile liabilities
  • $170,198Insider loans
  • $111,570FHLB advances
  • $170,560Loans and leases held for sale
  • $2,260Unused loan commitments
  • $2,260Tier 1 (core) risk-based capital
  • $16,075Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,101Restructured Loans and leases
  • $2,152Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,579Total interest income
  • $1,862Total interest expense
  • $6,717Net interest income
  • $1,210Provision for loan and lease losses
  • $758Total noninterest income
  • $0Fiduciary activities
  • $418Service charges on deposit accounts
  • $0Trading account gains & fees
  • $340Additional noninterest income
  • $4,588Total noninterest expense
  • $2,219Salaries and employee benefits
  • $608Premises and equipment expense
  • $1,761Additional noninterest expense
  • $1,677Pre-tax net operating income
  • $54Securities gains (losses)
  • $193Applicable income taxes
  • $1,538Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,538Net income attributable to bank
  • $0Net charge-offs
  • $1,538Cash dividends
  • $1,576Sale, conversion, retirement of capital stock, net
  • $1,075Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.69%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.45%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 9.65%Return on equity (ROE)
  • 2.91%Retained earnings to average equity (YTD only)
  • 1.63%Net charge-offs to loans
  • 76.78%Credit loss provision to net charge-offs
  • 1.83%Efficiency ratio
  • 61,378Assets per employee
  • 4.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.90%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 185.69%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 66.45%Net loans and leases to core deposits
  • 75.65%Equity capital to assets
  • 9.61%Core capital (leverage) ratio
  • 9.42%Tier 1 risk-based capital ratio
  • 14.41%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $169,003Average earning assets
  • $15,935Average equity
  • $150,864Average loans

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    081167Cheaha Bank1320 Highway Drive, Oxford, AL 36203August 23, 2000Full Service Brick and Mortar
    1452044Big Valley Road Branch120 Big Valley Road, Alexandria, AL 36250June 01, 2006Full Service Brick and Mortar
    2472657Jacksonville Branch1500 Pelham Road South, Jacksonville, AL 36265Febuary 01, 2008Full Service Brick and Mortar
    3516208Anniston Branch1100 Quintard Avenue, Anniston, AL 36201January 03, 2011Full Service Brick and Mortar

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