Community Bank of the South in Smyrna, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank of the South - Overview

  • General
  • FDIC Certificate #: 35036
    Status: Active
    Federal Reserve ID: 2837200
    Bank Holding Company (Regulatory Top Holder): Cbs Financial Corporation (RSSDID: 3219764, Location: Smyrna, GA)
    Date Established: August 02, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 73860
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 02, 1999
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3016 Atlanta Road, Smyrna, GA 30080
    County: Cobb
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $361.4 mil
    Equity capital: $24.5 mil
    Deposits held in domestic offices: $331.1 mil
    Return on assets (ROA): 0.32% ($1.2 mil)
    Quarterly return on assets: 0.37% ($1.3 mil)
    Return on Equity (ROE): 4.87% ($1.2 mil)
    Quarterly return on equity: 5.49% ($1.4 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.32% ($1,156.4 mil)
    Quarterly Pretax return on assets: 0.37% ($1,337.1 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
  • 57Total employees (full-time equivalent)
  • $361,377Total assets
  • $42,472Cash and due from depository institutions
  • $35,408Interest-bearing balances
  • $26,724Securities
  • $9,450Federal funds sold & reverse repurchase agreements
  • $254,070Net loans & leases
  • $8,990Loan loss allowance
  • $0Trading account assets
  • $8,710Bank premises and fixed assets
  • $17,753Other real estate owned
  • $0Goodwill and other intangibles
  • $361,377Life insurance assets
  • $2,198All other assets
  • $336,841Total liabilities and capital
  • $331,145Total liabilities
  • $296,861Total deposits
  • $331,145Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $696Subordinated debt
  • $24,536All other liabilities
  • $24,536Total equity capital
  • $24,536Total bank equity capital
  • $0Perpetual preferred stock
  • $11,839Common stock
  • $19,452Surplus
  • $-6,755Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,925Income earned, not collected on loans
  • $0Earning assets
  • $1,089Long-term assets (5+ years)
  • $325,652Average Assets, year-to-date
  • $71,924Average Assets, quarterly
  • $362,126Volatile liabilities
  • $363,816Insider loans
  • $273,831FHLB advances
  • $363,486Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,768Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,205Restructured Loans and leases
  • $10,856Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,316Total interest income
  • $4,497Total interest expense
  • $12,819Net interest income
  • $2,735Provision for loan and lease losses
  • -$1,260Total noninterest income
  • $0Fiduciary activities
  • $386Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,646Additional noninterest income
  • $7,674Total noninterest expense
  • $3,882Salaries and employee benefits
  • $822Premises and equipment expense
  • $2,970Additional noninterest expense
  • $1,150Pre-tax net operating income
  • $1Securities gains (losses)
  • $0Applicable income taxes
  • $1,151Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,151Net income attributable to bank
  • $0Net charge-offs
  • $1,151Cash dividends
  • $3,050Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 3.91%Net interest margin
  • -0.38%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 4.87%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • 1.16%Net charge-offs to loans
  • 89.67%Credit loss provision to net charge-offs
  • 1.27%Efficiency ratio
  • 66,390Assets per employee
  • 6.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.42%Loss allowance to noncurrent loans
  • 113.44%Noncurrent assets plus other real estate owned to assets
  • 7.11%Noncurrent loans to loans
  • 3.01%Net loans and leases to deposits
  • 76.72%Net loans and leases to core deposits
  • 80.06%Equity capital to assets
  • 6.79%Core capital (leverage) ratio
  • 6.54%Tier 1 risk-based capital ratio
  • 8.68%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $362,126Average earning assets
  • $23,649Average equity
  • $327,741Average loans

List of branches

  • 4 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    073860Community Bank Of The South3016 Atlanta Road, Smyrna, GA 30080August 02, 1999Full Service Brick and Mortar
    1423489Canton Highway Branch3324 Canton Highway, Marietta, GA 30066November 03, 2003Full Service Brick and Mortar
    2430600Dallas Highway Branch3596 Dallas Highway, Marietta, GA 30064July 18, 2001Full Service Brick and Mortar
    3442521Johnson Ferry Road Branch3140 Johnson Ferry Road, Marietta, GA 30062April 25, 2005Full Service Brick and Mortar

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