Community Bank in Ellisville, Mississippi (MS)
| Community Bank | |
|---|---|
| General | FDIC Certificate #: 11444 Status: Active Federal Reserve ID: 517834 Bank Holding Company (Regulatory Top Holder): Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan (RSSDID: 2313544, Location: Brandon, MS) Date Established: October 01, 1902 WWW: http://www.communitybank.net Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 11 (Domestic: 11, Interstate: No) OTS Docket #: 13836 FDIC's unique #: 7307 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: January 01, 1934 Last Structure Change Effective Date: July 07, 2008 Last Structure Change Process Date: July 15, 2008 Last Data Update: July 15, 2008 Data Source Date: April 05, 2012 |
| Location | Address: 300 Jessamine Street, Ellisville, MS 39437 County: Jones Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Laurel, MS (#29860) CBSA Micro Statistical Area: Yes |
| History of Changes | Office Purchased |
| Financial Summary | Total assets: $630.6 mil Equity capital: $58.4 mil Deposits held in domestic offices: $562.6 mil Return on assets (ROA): 1.14% ($7.2 mil) Quarterly return on assets: 1.04% ($6.6 mil) Return on Equity (ROE): 12.29% ($7.1 mil) Quarterly return on equity: 11.16% ($6.5 mil) Net income: $7.1 mil Quarterly Net income: $1.6 mil Pretax return on assets: 1.79% ($11,288.2 mil) Quarterly Pretax return on assets: 1.63% ($10,279.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 130 |
| Total assets | $630,628 |
| Cash and due from depository institutions | $49,318 |
| Interest-bearing balances | $35,004 |
| Securities | $69,338 |
| Federal funds sold & reverse repurchase agreements | $5,000 |
| Net loans & leases | $460,510 |
| Loan loss allowance | $6,083 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,417 |
| Other real estate owned | $15,556 |
| Goodwill and other intangibles | $346 |
| All other assets | $17,143 |
| Life insurance assets | $630,628 |
| Total liabilities and capital | $572,223 |
| Total liabilities | $562,559 |
| Total deposits | $514,741 |
| Interest-bearing deposits | $562,559 |
| Deposits held in domestic offices | $88 |
| % insured (estimated) | 62.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $7,391 |
| Other borrowed funds | $0 |
| Subordinated debt | $2,211 |
| All other liabilities | $58,405 |
| Total equity capital | $58,405 |
| Total bank equity capital | $58,405 |
| Perpetual preferred stock | $0 |
| Common stock | $400 |
| Surplus | $22,166 |
| Undivided profits | $35,839 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $8,304 |
| Earning assets | $491 |
| Long-term assets (5+ years) | $2,505 |
| Average Assets, year-to-date | $569,852 |
| Average Assets, quarterly | $64,837 |
| Volatile liabilities | $627,193 |
| Insider loans | $626,017 |
| FHLB advances | $412,366 |
| Loans and leases held for sale | $613,523 |
| Unused loan commitments | $3,178 |
| Tier 1 (core) risk-based capital | $3,178 |
| Tier 2 risk-based capital | $57,874 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $22,817 |
| Derivatives | $15,383 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $29,788 |
| Total interest expense | $4,885 |
| Net interest income | $24,903 |
| Provision for loan and lease losses | $995 |
| Total noninterest income | $4,693 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $3,038 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,655 |
| Total noninterest expense | $17,726 |
| Salaries and employee benefits | $7,046 |
| Premises and equipment expense | $1,419 |
| Additional noninterest expense | $9,261 |
| Pre-tax net operating income | $10,875 |
| Securities gains (losses) | $360 |
| Applicable income taxes | $4,100 |
| Income before extraordinary items | $7,135 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $7,135 |
| Net charge-offs | $0 |
| Cash dividends | $7,135 |
| Sale, conversion, retirement of capital stock, net | $1,840 |
| Net operating income | $5,200 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.24% |
| Cost of funding earning assets | 0.86% |
| Net interest margin | 4.38% |
| Noninterest income to earning assets | 0.82% |
| Noninterest expense to earning assets | 3.12% |
| Net operating income to assets | 1.10% |
| Return on assets (ROA) | 1.14% |
| Pretax return on assets | 1.79% |
| Return on equity (ROE) | 12.29% |
| Retained earnings to average equity (YTD only) | 3.33% |
| Net charge-offs to loans | 0.39% |
| Credit loss provision to net charge-offs | 54.08% |
| Efficiency ratio | 6.45% |
| Assets per employee | $59,893 |
| Cash dividends to net income (YTD only) | 4.85% |
| Condition Ratios (%) | |
| Loss allowance to loans | 72.88% |
| Loss allowance to noncurrent loans | 1.30% |
| Noncurrent assets plus other real estate owned to assets | 73.25% |
| Noncurrent loans to loans | 3.78% |
| Net loans and leases to deposits | 1.78% |
| Net loans and leases to core deposits | 81.86% |
| Equity capital to assets | 89.65% |
| Core capital (leverage) ratio | 9.26% |
| Tier 1 risk-based capital ratio | 9.43% |
| Total risk-based capital ratio | 14.03% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $627,193 |
| Average equity | $58,059 |
| Average loans | $569,000 |
| 11 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 7307 | Community Bank | 300 Jessamine Street, Ellisville, MS 39437 | October 01, 1902 | Full Service Brick and Mortar |  |
| 1 | 224639 | Sandersville Branch | U.S. Highway 11, Sandersville, MS 39477 | October 14, 1970 | Full Service Brick and Mortar |  |
| 2 | 224640 | Drive-In Branch | 804 Main Street, Ellisville, MS 39437 | April 11, 1979 | Limited Service Facility | |
| 3 | 224641 | Laurel Branch | Ninth Street And Highway 15 Bypass, Laurel, MS 39440 | May 21, 1979 | Full Service Brick and Mortar | |
| 4 | 224642 | Hardy Street Branch | 5010 Hardy Street, Hattiesburg, MS 39402 | August 07, 1995 | Full Service Brick and Mortar | |
| 5 | 224643 | Calhoun Branch | 5159 Highway 84 West, Laurel, MS 39440 | Febuary 08, 1999 | Full Service Brick and Mortar | |
| 6 | 334348 | Hattiesburg Messenger Branch | 3707 Hardy Street, Hattiesburg, MS 39402 | March 10, 2000 | Limited Service Messenger | |
| 7 | 432419 | Highway 49, Hattiesburg Branch | 6095 Highway 49 South, Hattiesburg, MS 39401 | October 12, 2004 | Full Service Brick and Mortar | |
| 8 | 429318 | North Meridian Branch | 5012 Highway 39 North, Meridian, MS 39301 | June 28, 2004 | Full Service Brick and Mortar | |
| 9 | 478295 | Community Bank Meridian Main Office | 302 22nd Avenue, Meridian, MS 39301 | July 07, 2008 | Full Service Brick and Mortar | |
| 10 | 482373 | Pine Tree Branch | 2157 Highway 15 North, Laurel, MS 39440 | November 17, 2008 | Full Service Brick and Mortar | |
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