Community Bank of Mississippi in Forest, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community Bank of Mississippi in Forest, Mississippi (MS)
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Community Bank of Mississippi - Overview

  • General
  • FDIC Certificate #: 8879
    Status: Active
    Federal Reserve ID: 460033
    Bank Holding Company (Regulatory Top Holder): Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan (RSSDID: 2313544, Location: Brandon, MS)
    Date Established: August 14, 1905
    WWW: http://www.communitybank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 10896
    FDIC's unique #: 5671
    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: April 06, 2010
    Last Structure Change Process Date: April 06, 2010
    Last Data Update: April 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 323 East Third Street, Forest, MS 39074
    County: Scott
    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
  • Financial Summary
  • Total assets: $639.2 mil
    Equity capital: $60.2 mil
    Deposits held in domestic offices: $566.3 mil
    Return on assets (ROA): 0.87% ($5.6 mil)
    Quarterly return on assets: 0.78% ($5.0 mil)
    Return on Equity (ROE): 9.32% ($5.6 mil)
    Quarterly return on equity: 8.25% ($5.0 mil)
    Net income: $5.6 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.33% ($8,501.9 mil)
    Quarterly Pretax return on assets: 1.18% ($7,543.1 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
  • 160Total employees (full-time equivalent)
  • $639,243Total assets
  • $43,910Cash and due from depository institutions
  • $28,870Interest-bearing balances
  • $124,917Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $413,115Net loans & leases
  • $5,078Loan loss allowance
  • $0Trading account assets
  • $18,836Bank premises and fixed assets
  • $11,350Other real estate owned
  • $0Goodwill and other intangibles
  • $639,243Life insurance assets
  • $22,115All other assets
  • $579,066Total liabilities and capital
  • $566,273Total liabilities
  • $499,887Total deposits
  • $566,273Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 2387.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,168Trading liabilities
  • $0Other borrowed funds
  • $8,238Subordinated debt
  • $60,177All other liabilities
  • $60,173Total equity capital
  • $60,173Total bank equity capital
  • $0Perpetual preferred stock
  • $375Common stock
  • $10,451Surplus
  • $49,347Undivided profits
  • Memoranda
  • $4Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,471Income earned, not collected on loans
  • $1,246Earning assets
  • $2,726Long-term assets (5+ years)
  • $571,902Average Assets, year-to-date
  • $100,464Average Assets, quarterly
  • $638,942Volatile liabilities
  • $637,381Insider loans
  • $415,980FHLB advances
  • $624,422Loans and leases held for sale
  • $8,004Unused loan commitments
  • $8,004Tier 1 (core) risk-based capital
  • $59,633Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $34,408Restructured Loans and leases
  • $12,803Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $29,785Total interest income
  • $4,472Total interest expense
  • $25,313Net interest income
  • $418Provision for loan and lease losses
  • $3,395Total noninterest income
  • $0Fiduciary activities
  • $2,141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,254Additional noninterest income
  • $20,630Total noninterest expense
  • $10,011Salaries and employee benefits
  • $1,668Premises and equipment expense
  • $8,951Additional noninterest expense
  • $7,660Pre-tax net operating income
  • $818Securities gains (losses)
  • $2,905Applicable income taxes
  • $5,573Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,573Net income attributable to bank
  • $0Net charge-offs
  • $5,573Cash dividends
  • $1,436Sale, conversion, retirement of capital stock, net
  • $4,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 4.47%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 9.32%Return on equity (ROE)
  • 2.46%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 29.11%Credit loss provision to net charge-offs
  • 5.63%Efficiency ratio
  • 71,862Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.57%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 67.97%Noncurrent assets plus other real estate owned to assets
  • 2.94%Noncurrent loans to loans
  • 1.79%Net loans and leases to deposits
  • 72.95%Net loans and leases to core deposits
  • 78.19%Equity capital to assets
  • 9.41%Core capital (leverage) ratio
  • 9.55%Tier 1 risk-based capital ratio
  • 14.34%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $638,942Average earning assets
  • $59,824Average equity
  • $566,624Average loans

List of branches

  • 13 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05671Community Bank Of Mississippi323 East Third Street, Forest, MS 39074August 14, 1905Full Service Brick and Mortar
    2219115Raleigh Branch210 Mimosa Drive, Raleigh, MS 39153June 20, 1994Full Service Brick and Mortar
    3187889Canton Road Branch6158 Old Canton Road, Jackson, MS 39211January 16, 1992Full Service Brick and Mortar
    4187890Crossgates Branch1255 West Government Street, Brandon, MS 39042April 17, 1995Full Service Brick and Mortar
    10428108Pearl Branch2441 Old Brandon Road, Pearl, MS 39208May 05, 2004Full Service Brick and Mortar
    11440825Community Bank, Dogwood Branch140 East Metro, Flowood, MS 39232June 02, 2005Full Service Brick and Mortar
    12457860Lefleur Branch1665 Lakeland Drive, Jackson, MS 39216January 16, 2007Full Service Brick and Mortar
    13512424Madison Branch998 Highway 51, Madison, MS 39110September 01, 2010Full Service Brick and Mortar
    14513957Flowood Loan Production Office110a Belle Meade Pointe, Flowood, MS 39232September 01, 2010Limited Service Loan Production
    15520035Hernando Mortgage Lpo475 East Commerce Street, Hernando, MS 38632May 13, 2011Full Service Brick and Mortar
    16520036Laurel Mortgage Lpo909 North 16th Avenue, Laurel, MS 39441May 13, 2011Full Service Brick and Mortar
    17520037Southaven Mortgage Lpo6910 Airways Blvd, Southaven, MS 38672May 13, 2011Full Service Brick and Mortar
    18520038Tupelo Mortgage Lpo1317 North Gloster Street, Tupelo, MS 38804May 13, 2011Full Service Brick and Mortar

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