Commercial State Bank in Donalsonville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Commercial State Bank - Overview

  • General
  • FDIC Certificate #: 35319
    Status: Active
    Federal Reserve ID: 2823230
    Bank Holding Company (Regulatory Top Holder): Georgia Community Bancorp, Incorporated (RSSDID: 1245581, Location: Reynolds, GA)
    Date Established: August 31, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 78225
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 31, 1999
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: September 25, 2007
    Last Data Update: September 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 113-115 West Second Street, Donalsonville, GA 39845
    County: Seminole
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Change in Location
  • Financial Summary
  • Total assets: $104.3 mil
    Equity capital: $14.1 mil
    Deposits held in domestic offices: $90.0 mil
    Return on assets (ROA): 0.65% ($0.7 mil)
    Quarterly return on assets: 0.41% ($0.4 mil)
    Return on Equity (ROE): 4.61% ($0.6 mil)
    Quarterly return on equity: 2.90% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.65% ($677.8 mil)
    Quarterly Pretax return on assets: 0.41% ($427.5 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
  • 29Total employees (full-time equivalent)
  • $104,273Total assets
  • $22,380Cash and due from depository institutions
  • $15,536Interest-bearing balances
  • $21,040Securities
  • $8,375Federal funds sold & reverse repurchase agreements
  • $45,855Net loans & leases
  • $877Loan loss allowance
  • $0Trading account assets
  • $1,692Bank premises and fixed assets
  • $1,006Other real estate owned
  • $887Goodwill and other intangibles
  • $104,273Life insurance assets
  • $3,038All other assets
  • $90,190Total liabilities and capital
  • $89,961Total liabilities
  • $72,491Total deposits
  • $89,961Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $229Subordinated debt
  • $14,083All other liabilities
  • $14,083Total equity capital
  • $14,083Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $3,150Surplus
  • $7,933Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,022Income earned, not collected on loans
  • $0Earning assets
  • $970Long-term assets (5+ years)
  • $90,806Average Assets, year-to-date
  • $27,083Average Assets, quarterly
  • $97,409Volatile liabilities
  • $99,603Insider loans
  • $62,572FHLB advances
  • $98,308Loans and leases held for sale
  • $1,758Unused loan commitments
  • $1,758Tier 1 (core) risk-based capital
  • $12,577Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,325Restructured Loans and leases
  • $409Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,275Total interest income
  • $1,137Total interest expense
  • $3,138Net interest income
  • $480Provision for loan and lease losses
  • $633Total noninterest income
  • $0Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $134Additional noninterest income
  • $2,720Total noninterest expense
  • $1,636Salaries and employee benefits
  • $428Premises and equipment expense
  • $656Additional noninterest expense
  • $571Pre-tax net operating income
  • $60Securities gains (losses)
  • $0Applicable income taxes
  • $631Income before extraordinary items
  • $0Extraordinary gains - net
  • $631Net income attributable to bank
  • $0Net charge-offs
  • $631Cash dividends
  • $241Sale, conversion, retirement of capital stock, net
  • $287Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 4.61%Return on equity (ROE)
  • 2.51%Retained earnings to average equity (YTD only)
  • 0.51%Net charge-offs to loans
  • 199.17%Credit loss provision to net charge-offs
  • 4.36%Efficiency ratio
  • 72,129Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.48%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 43.37%Noncurrent assets plus other real estate owned to assets
  • 2.90%Noncurrent loans to loans
  • 4.33%Net loans and leases to deposits
  • 50.97%Net loans and leases to core deposits
  • 52.67%Equity capital to assets
  • 13.51%Core capital (leverage) ratio
  • 12.79%Tier 1 risk-based capital ratio
  • 20.10%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $97,409Average earning assets
  • $13,693Average equity
  • $84,532Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    078225Commercial State Bank113-115 West Second Street, Donalsonville, GA 39845August 31, 1999Full Service Brick and Mortar
    3274773412 Columbia St Branch412 Columbia Highway, Blakely, GA 39823January 01, 1934Full Service Brick and Mortar

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