Community Bank and Trust - Alabama in Union Springs, Alabama (AL)



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Community Bank and Trust - Alabama routing number info

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Community Bank and Trust - Alabama
GeneralFDIC Certificate #: 32968
Status: Active
Federal Reserve ID: 1474309
Bank Holding Company (Regulatory Top Holder): Community Bankshares, Inc. (RSSDID: 1081873, Location: Cornelia, GA)
Date Established: May 18, 1990
WWW: http://www.redapplebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 46146
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: May 18, 1990
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 202 North Powell Street, Union Springs, AL 36089
County: Bullock
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Montgomery
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $81.9 mil
Equity capital: $6.5 mil
Deposits held in domestic offices: $75.0 mil
Return on assets (ROA): -2.47% (-$2.0 mil)
Quarterly return on assets: -4.56% (-$3.7 mil)
Return on Equity (ROE): -28.96% (-$2.0 mil)
Quarterly return on equity: -54.13% (-$3.8 mil)
Net income: -$2.1 mil
Quarterly Net income: -$0.9 mil
Pretax return on assets: -2.47% (-$2,024.1 mil)
Quarterly Pretax return on assets: -4.56% (-$3,736.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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)
Total employees (full-time equivalent)24
Total assets$81,949
Cash and due from depository institutions$7,221
Interest-bearing balances$5,097
Securities$29,046
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$36,214
Loan loss allowance $394
Trading account assets$0
Bank premises and fixed assets$2,670
Other real estate owned$6,006
Goodwill and other intangibles$0
All other assets$792
Life insurance assets$81,949
Total liabilities and capital$75,435
Total liabilities$75,011
Total deposits$66,786
Interest-bearing deposits$75,011
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $424
All other liabilities $6,514
Total equity capital$6,514
Total bank equity capital$6,514
Perpetual preferred stock$0
Common stock$100
Surplus$8,900
Undivided profits $-2,486
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 $2,152
Earning assets $0
Long-term assets (5+ years) $552
Average Assets, year-to-date $70,357
Average Assets, quarterly $33,166
Volatile liabilities $85,823
Insider loans $83,276
FHLB advances $46,780
Loans and leases held for sale $82,595
Unused loan commitments $105
Tier 1 (core) risk-based capital $105
Tier 2 risk-based capital $6,188
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $896
Derivatives$129
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,564
Total interest expense $910
Net interest income $2,654
Provision for loan and lease losses $2,000
Total noninterest income $689
Fiduciary activities $0
Service charges on deposit accounts $466
Trading account gains & fees $0
Additional noninterest income $223
Total noninterest expense $3,531
Salaries and employee benefits $1,123
Premises and equipment expense $381
Additional noninterest expense $2,027
Pre-tax net operating income -$2,188
Securities gains (losses) $64
Applicable income taxes $0
Income before extraordinary items -$2,124
Extraordinary gains - net $0
Net income attributable to bank -$2,124
Net charge-offs $0
Cash dividends -$2,124
Sale, conversion, retirement of capital stock, net $3,075
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.76%
Cost of funding earning assets 1.22%
Net interest margin 3.54%
Noninterest income to earning assets 0.92%
Noninterest expense to earning assets 4.71%
Net operating income to assets -2.55%
Return on assets (ROA) -2.47%
Pretax return on assets -2.47%
Return on equity (ROE) -28.96%
Retained earnings to average equity (YTD only) -28.96%
Net charge-offs to loans 7.61%
Credit loss provision to net charge-offs 65.04%
Efficiency ratio-0.06%
Assets per employee$105,624
Cash dividends to net income (YTD only)3.41%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 18.31%
Noncurrent loans to loans 9.95%
Net loans and leases to deposits5.88%
Net loans and leases to core deposits 48.28%
Equity capital to assets 50.83%
Core capital (leverage) ratio 7.95%
Tier 1 risk-based capital ratio 7.49%
Total risk-based capital ratio 13.23%
Memoranda
Average assets$14
Average earning assets$85,823
Average equity $7,334
Average loans $74,896
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3 Alabama Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
046146Community Bank And Trust - Alabama202 North Powell Street, Union Springs, AL 36089May 18, 1990Full Service Brick and Mortar
5453769Prattville Covered Bridge Branch2177 Highway 14 East, Prattville, AL 36066July 01, 2005Full Service Retail
7489778Chantilly Parkway Branch9190 East Chase Parkway, Montgomery, AL 36117March 26, 2009Full Service Brick and Mortar
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