Community Bank of Pickens County in Jasper, Georgia (GA)



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Community Bank of Pickens County routing number info

Table of contents:
Community Bank of Pickens County
GeneralFDIC 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
WWW: http://www.cbopc.com
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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)41
Total assets$300,245
Cash and due from depository institutions$13,924
Interest-bearing balances$12,211
Securities$42,713
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$207,495
Loan loss allowance $5,131
Trading account assets$0
Bank premises and fixed assets$5,191
Other real estate owned$17,432
Goodwill and other intangibles$0
All other assets$13,490
Life insurance assets$300,245
Total liabilities and capital$282,593
Total liabilities$276,991
Total deposits$261,751
Interest-bearing deposits$276,991
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,900
Other borrowed funds $0
Subordinated debt $1,702
All other liabilities $17,652
Total equity capital$17,652
Total bank equity capital$17,652
Perpetual preferred stock$0
Common stock$4,850
Surplus$11,203
Undivided profits $1,599
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 $18,216
Earning assets $0
Long-term assets (5+ years) $1,932
Average Assets, year-to-date $262,419
Average Assets, quarterly $40,228
Volatile liabilities $300,384
Insider loans $301,200
FHLB advances $224,756
Loans and leases held for sale $296,718
Unused loan commitments $4,711
Tier 1 (core) risk-based capital $4,711
Tier 2 risk-based capital $12,290
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,686
Derivatives$1,982
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $12,898
Total interest expense $4,835
Net interest income $8,063
Provision for loan and lease losses $6,891
Total noninterest income $207
Fiduciary activities $0
Service charges on deposit accounts $504
Trading account gains & fees $0
Additional noninterest income -$297
Total noninterest expense $8,060
Salaries and employee benefits $2,555
Premises and equipment expense $550
Additional noninterest expense $4,955
Pre-tax net operating income -$6,681
Securities gains (losses) -$47
Applicable income taxes -$2,716
Income before extraordinary items -$4,012
Extraordinary gains - net $0
Net income attributable to bank -$4,012
Net charge-offs $0
Cash dividends -$4,012
Sale, conversion, retirement of capital stock, net $6,337
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 assets4.86%
Cost of funding earning assets 1.82%
Net interest margin 3.04%
Noninterest income to earning assets 0.08%
Noninterest expense to earning assets 3.04%
Net operating income to assets -1.33%
Return on assets (ROA) -1.34%
Pretax return on assets -2.24%
Return on equity (ROE) -21.17%
Retained earnings to average equity (YTD only) -21.17%
Net charge-offs to loans 2.93%
Credit loss provision to net charge-offs 108.74%
Efficiency ratio0.03%
Assets per employee$97,461
Cash dividends to net income (YTD only)7.32%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.41%
Noncurrent assets plus other real estate owned to assets 28.17%
Noncurrent loans to loans 11.87%
Net loans and leases to deposits8.57%
Net loans and leases to core deposits 74.91%
Equity capital to assets 83.75%
Core capital (leverage) ratio 5.88%
Tier 1 risk-based capital ratio 4.14%
Total risk-based capital ratio 5.47%
Memoranda
Average assets$7
Average earning assets$300,384
Average equity $18,948
Average loans $265,271
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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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