Community Bank of Mississippi in Forest, Mississippi (MS)



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Community Bank of Mississippi routing number info

Table of contents:
Community Bank of Mississippi
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)160
Total assets$639,243
Cash and due from depository institutions$43,910
Interest-bearing balances$28,870
Securities$124,917
Federal funds sold & reverse repurchase agreements$5,000
Net loans & leases$413,115
Loan loss allowance $5,078
Trading account assets$0
Bank premises and fixed assets$18,836
Other real estate owned$11,350
Goodwill and other intangibles$0
All other assets$22,115
Life insurance assets$639,243
Total liabilities and capital$579,066
Total liabilities$566,273
Total deposits$499,887
Interest-bearing deposits$566,273
Deposits held in domestic offices$87
% insured (estimated)2387.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,168
Other borrowed funds $0
Subordinated debt $8,238
All other liabilities $60,177
Total equity capital$60,173
Total bank equity capital$60,173
Perpetual preferred stock$0
Common stock$375
Surplus$10,451
Undivided profits $49,347
Memoranda
Noncurrent loans and leases $4
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $7,471
Earning assets $1,246
Long-term assets (5+ years) $2,726
Average Assets, year-to-date $571,902
Average Assets, quarterly $100,464
Volatile liabilities $638,942
Insider loans $637,381
FHLB advances $415,980
Loans and leases held for sale $624,422
Unused loan commitments $8,004
Tier 1 (core) risk-based capital $8,004
Tier 2 risk-based capital $59,633
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $34,408
Derivatives$12,803
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $29,785
Total interest expense $4,472
Net interest income $25,313
Provision for loan and lease losses $418
Total noninterest income $3,395
Fiduciary activities $0
Service charges on deposit accounts $2,141
Trading account gains & fees $0
Additional noninterest income $1,254
Total noninterest expense $20,630
Salaries and employee benefits $10,011
Premises and equipment expense $1,668
Additional noninterest expense $8,951
Pre-tax net operating income $7,660
Securities gains (losses) $818
Applicable income taxes $2,905
Income before extraordinary items $5,573
Extraordinary gains - net $0
Net income attributable to bank $5,573
Net charge-offs $0
Cash dividends $5,573
Sale, conversion, retirement of capital stock, net $1,436
Net operating income $4,100
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.26%
Cost of funding earning assets 0.79%
Net interest margin 4.47%
Noninterest income to earning assets 0.60%
Noninterest expense to earning assets 3.64%
Net operating income to assets 0.79%
Return on assets (ROA) 0.87%
Pretax return on assets 1.33%
Return on equity (ROE) 9.32%
Retained earnings to average equity (YTD only) 2.46%
Net charge-offs to loans 0.35%
Credit loss provision to net charge-offs 29.11%
Efficiency ratio5.63%
Assets per employee$71,862
Cash dividends to net income (YTD only)4.00%
Condition Ratios (%)
Loss allowance to loans 73.57%
Loss allowance to noncurrent loans 1.21%
Noncurrent assets plus other real estate owned to assets 67.97%
Noncurrent loans to loans 2.94%
Net loans and leases to deposits1.79%
Net loans and leases to core deposits 72.95%
Equity capital to assets 78.19%
Core capital (leverage) ratio 9.41%
Tier 1 risk-based capital ratio 9.55%
Total risk-based capital ratio 14.34%
Memoranda
Average assets$16
Average earning assets$638,942
Average equity $59,824
Average loans $566,624
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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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