Community Bank and Trust - West Georgia in Lagrange, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community Bank and Trust - West Georgia - Overview

  • General
  • FDIC Certificate #: 25796
    Status: Active
    Federal Reserve ID: 761833
    Bank Holding Company (Regulatory Top Holder): Community Bankshares, Inc. (RSSDID: 1081873, Location: Cornelia, GA)
    Date Established: December 15, 1984
    WWW: http://www.redapplebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 32025
    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: December 15, 1984
    Last Structure Change Effective Date: April 01, 2007
    Last Structure Change Process Date: Febuary 04, 2008
    Last Data Update: Febuary 04, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 Broad Street, Lagrange, GA 30240
    County: Troup
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): LaGrange, GA (#29300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $93.2 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $86.1 mil
    Return on assets (ROA): -1.52% (-$1.4 mil)
    Quarterly return on assets: -0.13% (-$0.1 mil)
    Return on Equity (ROE): -19.87% (-$1.4 mil)
    Quarterly return on equity: -1.79% (-$0.1 mil)
    Net income: -$1.5 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -1.52% (-$1,416.8 mil)
    Quarterly Pretax return on assets: -0.13% (-$121.2 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
  • 41Total employees (full-time equivalent)
  • $93,208Total assets
  • $9,450Cash and due from depository institutions
  • $7,745Interest-bearing balances
  • $6,290Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $57,933Net loans & leases
  • $1,014Loan loss allowance
  • $0Trading account assets
  • $5,543Bank premises and fixed assets
  • $13,326Other real estate owned
  • $0Goodwill and other intangibles
  • $93,208Life insurance assets
  • $666All other assets
  • $86,525Total liabilities and capital
  • $86,075Total liabilities
  • $73,551Total deposits
  • $86,075Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $450Subordinated debt
  • $6,683All other liabilities
  • $6,683Total equity capital
  • $6,683Total bank equity capital
  • $0Perpetual preferred stock
  • $1,672Common stock
  • $9,828Surplus
  • $-4,817Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,995Income earned, not collected on loans
  • $0Earning assets
  • $365Long-term assets (5+ years)
  • $71,968Average Assets, year-to-date
  • $11,837Average Assets, quarterly
  • $95,713Volatile liabilities
  • $91,925Insider loans
  • $71,018FHLB advances
  • $95,621Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,612Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,406Restructured Loans and leases
  • $688Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,919Total interest income
  • $862Total interest expense
  • $3,057Net interest income
  • $1,196Provision for loan and lease losses
  • $1,935Total noninterest income
  • $0Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,436Additional noninterest income
  • $5,248Total noninterest expense
  • $1,707Salaries and employee benefits
  • $745Premises and equipment expense
  • $2,796Additional noninterest expense
  • -$1,452Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$1,454Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,454Net income attributable to bank
  • $0Net charge-offs
  • -$1,454Cash dividends
  • $1,057Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 4.10%Net interest margin
  • 2.59%Noninterest income to earning assets
  • 7.03%Noninterest expense to earning assets
  • -1.52%Net operating income to assets
  • -1.52%Return on assets (ROA)
  • -1.52%Pretax return on assets
  • -19.87%Return on equity (ROE)
  • -19.87%Retained earnings to average equity (YTD only)
  • 1.68%Net charge-offs to loans
  • 113.15%Credit loss provision to net charge-offs
  • -0.24%Efficiency ratio
  • 105,128Assets per employee
  • 2.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 25.38%Noncurrent assets plus other real estate owned to assets
  • 18.58%Noncurrent loans to loans
  • 6.78%Net loans and leases to deposits
  • 67.31%Net loans and leases to core deposits
  • 68.79%Equity capital to assets
  • 7.17%Core capital (leverage) ratio
  • 6.91%Tier 1 risk-based capital ratio
  • 9.31%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $95,713Average earning assets
  • $7,319Average equity
  • $74,642Average loans

List of branches

  • 6 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032025Community Bank And Trust - West Geor201 Broad Street, Lagrange, GA 30240December 15, 1984Full Service Brick and Mortar
    4365588East Main Street Branch410 East Main Street, Hogansville, GA 30230November 04, 2002Full Service Brick and Mortar
    6458357The Whittlesey Boulevard Wal-Mart Ba5448 Whittlesey Boulevard, Columbus, GA 31904January 22, 2007Full Service Retail
    7479868Columbus Gateway Walmart Branch6475 Gateway Road, Columbus, GA 31909March 12, 2008Full Service Retail
    8493430West Point Road Banking Center Branc2092 West Point Road, Lagrange, GA 30240August 11, 2008Full Service Brick and Mortar
    9493431Columbus Main Banking Center Branch5420 Veteran's Parkway, Columbus, GA 31904October 01, 2006Full Service Brick and Mortar

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