Community Bank of Pickens County in Jasper, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank of Pickens County - Overview

  • General
  • FDIC Certificate #: 35513
    Status: Active
    Federal Reserve ID: 2943615
    Bank Holding Company (Regulatory Top Holder): Community Banks Of Georgia, Inc. (RSSDID: 3180408, Location: Jasper, GA)
    Date Established: October 02, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 80598
    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: October 02, 2000
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 16, 2010
    Last Data Update: June 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 15 Sammy Mcghee Blvd, Jasper, GA 30143
    County: Pickens
    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
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $300.2 mil
    Equity capital: $17.7 mil
    Deposits held in domestic offices: $277.0 mil
    Return on assets (ROA): -1.34% (-$4.0 mil)
    Quarterly return on assets: -0.62% (-$1.9 mil)
    Return on Equity (ROE): -21.17% (-$3.8 mil)
    Quarterly return on equity: -10.37% (-$1.9 mil)
    Net income: -$4.0 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -2.24% (-$6,725.5 mil)
    Quarterly Pretax return on assets: -1.07% (-$3,212.6 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)
  • $300,245Total assets
  • $13,924Cash and due from depository institutions
  • $12,211Interest-bearing balances
  • $42,713Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $207,495Net loans & leases
  • $5,131Loan loss allowance
  • $0Trading account assets
  • $5,191Bank premises and fixed assets
  • $17,432Other real estate owned
  • $0Goodwill and other intangibles
  • $300,245Life insurance assets
  • $13,490All other assets
  • $282,593Total liabilities and capital
  • $276,991Total liabilities
  • $261,751Total deposits
  • $276,991Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,900Trading liabilities
  • $0Other borrowed funds
  • $1,702Subordinated debt
  • $17,652All other liabilities
  • $17,652Total equity capital
  • $17,652Total bank equity capital
  • $0Perpetual preferred stock
  • $4,850Common stock
  • $11,203Surplus
  • $1,599Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,216Income earned, not collected on loans
  • $0Earning assets
  • $1,932Long-term assets (5+ years)
  • $262,419Average Assets, year-to-date
  • $40,228Average Assets, quarterly
  • $300,384Volatile liabilities
  • $301,200Insider loans
  • $224,756FHLB advances
  • $296,718Loans and leases held for sale
  • $4,711Unused loan commitments
  • $4,711Tier 1 (core) risk-based capital
  • $12,290Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,686Restructured Loans and leases
  • $1,982Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,898Total interest income
  • $4,835Total interest expense
  • $8,063Net interest income
  • $6,891Provision for loan and lease losses
  • $207Total noninterest income
  • $0Fiduciary activities
  • $504Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$297Additional noninterest income
  • $8,060Total noninterest expense
  • $2,555Salaries and employee benefits
  • $550Premises and equipment expense
  • $4,955Additional noninterest expense
  • -$6,681Pre-tax net operating income
  • -$47Securities gains (losses)
  • -$2,716Applicable income taxes
  • -$4,012Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,012Net income attributable to bank
  • $0Net charge-offs
  • -$4,012Cash dividends
  • $6,337Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.86%Yield on earning assets
  • 1.82%Cost of funding earning assets
  • 3.04%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • -1.33%Net operating income to assets
  • -1.34%Return on assets (ROA)
  • -2.24%Pretax return on assets
  • -21.17%Return on equity (ROE)
  • -21.17%Retained earnings to average equity (YTD only)
  • 2.93%Net charge-offs to loans
  • 108.74%Credit loss provision to net charge-offs
  • 0.03%Efficiency ratio
  • 97,461Assets per employee
  • 7.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.41%Loss allowance to noncurrent loans
  • 28.17%Noncurrent assets plus other real estate owned to assets
  • 11.87%Noncurrent loans to loans
  • 8.57%Net loans and leases to deposits
  • 74.91%Net loans and leases to core deposits
  • 83.75%Equity capital to assets
  • 5.88%Core capital (leverage) ratio
  • 4.14%Tier 1 risk-based capital ratio
  • 5.47%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $300,384Average earning assets
  • $18,948Average equity
  • $265,271Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    080598Community Bank Of Pickens County15 Sammy Mcghee Blvd, Jasper, GA 30143October 02, 2000Full Service Brick and Mortar
    1478887Cove Road Location Branch65 Cove Road, Jasper, GA 30143April 16, 2008Full Service Brick and Mortar

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