Community Bank and Trust - Alabama in Union Springs, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


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

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 24Total employees (full-time equivalent)
  • $81,949Total assets
  • $7,221Cash and due from depository institutions
  • $5,097Interest-bearing balances
  • $29,046Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,214Net loans & leases
  • $394Loan loss allowance
  • $0Trading account assets
  • $2,670Bank premises and fixed assets
  • $6,006Other real estate owned
  • $0Goodwill and other intangibles
  • $81,949Life insurance assets
  • $792All other assets
  • $75,435Total liabilities and capital
  • $75,011Total liabilities
  • $66,786Total deposits
  • $75,011Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $424Subordinated debt
  • $6,514All other liabilities
  • $6,514Total equity capital
  • $6,514Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $8,900Surplus
  • $-2,486Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,152Income earned, not collected on loans
  • $0Earning assets
  • $552Long-term assets (5+ years)
  • $70,357Average Assets, year-to-date
  • $33,166Average Assets, quarterly
  • $85,823Volatile liabilities
  • $83,276Insider loans
  • $46,780FHLB advances
  • $82,595Loans and leases held for sale
  • $105Unused loan commitments
  • $105Tier 1 (core) risk-based capital
  • $6,188Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $896Restructured Loans and leases
  • $129Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,564Total interest income
  • $910Total interest expense
  • $2,654Net interest income
  • $2,000Provision for loan and lease losses
  • $689Total noninterest income
  • $0Fiduciary activities
  • $466Service charges on deposit accounts
  • $0Trading account gains & fees
  • $223Additional noninterest income
  • $3,531Total noninterest expense
  • $1,123Salaries and employee benefits
  • $381Premises and equipment expense
  • $2,027Additional noninterest expense
  • -$2,188Pre-tax net operating income
  • $64Securities gains (losses)
  • $0Applicable income taxes
  • -$2,124Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,124Net income attributable to bank
  • $0Net charge-offs
  • -$2,124Cash dividends
  • $3,075Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 4.71%Noninterest expense to earning assets
  • -2.55%Net operating income to assets
  • -2.47%Return on assets (ROA)
  • -2.47%Pretax return on assets
  • -28.96%Return on equity (ROE)
  • -28.96%Retained earnings to average equity (YTD only)
  • 7.61%Net charge-offs to loans
  • 65.04%Credit loss provision to net charge-offs
  • -0.06%Efficiency ratio
  • 105,624Assets per employee
  • 3.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 18.31%Noncurrent assets plus other real estate owned to assets
  • 9.95%Noncurrent loans to loans
  • 5.88%Net loans and leases to deposits
  • 48.28%Net loans and leases to core deposits
  • 50.83%Equity capital to assets
  • 7.95%Core capital (leverage) ratio
  • 7.49%Tier 1 risk-based capital ratio
  • 13.23%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $85,823Average earning assets
  • $7,334Average equity
  • $74,896Average loans

List of branches

  • 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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