Community Bank and Trust - West Georgia in Lagrange, Georgia (GA)



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Community Bank and Trust - West Georgia routing number info

Table of contents:
Community Bank and Trust - West Georgia
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)41
Total assets$93,208
Cash and due from depository institutions$9,450
Interest-bearing balances$7,745
Securities$6,290
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$57,933
Loan loss allowance $1,014
Trading account assets$0
Bank premises and fixed assets$5,543
Other real estate owned$13,326
Goodwill and other intangibles$0
All other assets$666
Life insurance assets$93,208
Total liabilities and capital$86,525
Total liabilities$86,075
Total deposits$73,551
Interest-bearing deposits$86,075
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $450
All other liabilities $6,683
Total equity capital$6,683
Total bank equity capital$6,683
Perpetual preferred stock$0
Common stock$1,672
Surplus$9,828
Undivided profits $-4,817
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 $3,995
Earning assets $0
Long-term assets (5+ years) $365
Average Assets, year-to-date $71,968
Average Assets, quarterly $11,837
Volatile liabilities $95,713
Insider loans $91,925
FHLB advances $71,018
Loans and leases held for sale $95,621
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,612
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,406
Derivatives$688
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,919
Total interest expense $862
Net interest income $3,057
Provision for loan and lease losses $1,196
Total noninterest income $1,935
Fiduciary activities $0
Service charges on deposit accounts $499
Trading account gains & fees $0
Additional noninterest income $1,436
Total noninterest expense $5,248
Salaries and employee benefits $1,707
Premises and equipment expense $745
Additional noninterest expense $2,796
Pre-tax net operating income -$1,452
Securities gains (losses) $0
Applicable income taxes $2
Income before extraordinary items -$1,454
Extraordinary gains - net $0
Net income attributable to bank -$1,454
Net charge-offs $0
Cash dividends -$1,454
Sale, conversion, retirement of capital stock, net $1,057
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 assets5.25%
Cost of funding earning assets 1.15%
Net interest margin 4.10%
Noninterest income to earning assets 2.59%
Noninterest expense to earning assets 7.03%
Net operating income to assets -1.52%
Return on assets (ROA) -1.52%
Pretax return on assets -1.52%
Return on equity (ROE) -19.87%
Retained earnings to average equity (YTD only) -19.87%
Net charge-offs to loans 1.68%
Credit loss provision to net charge-offs 113.15%
Efficiency ratio-0.24%
Assets per employee$105,128
Cash dividends to net income (YTD only)2.27%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.72%
Noncurrent assets plus other real estate owned to assets 25.38%
Noncurrent loans to loans 18.58%
Net loans and leases to deposits6.78%
Net loans and leases to core deposits 67.31%
Equity capital to assets 68.79%
Core capital (leverage) ratio 7.17%
Tier 1 risk-based capital ratio 6.91%
Total risk-based capital ratio 9.31%
Memoranda
Average assets$10
Average earning assets$95,713
Average equity $7,319
Average loans $74,642
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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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