First Community Bank of Cullman in Cullman, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Community Bank of Cullman in Cullman, Alabama (AL)
  • Show street view No street view available for this location

First Community Bank of Cullman - Overview

  • General
  • FDIC Certificate #: 30166
    Status: Active
    Federal Reserve ID: 812379
    Bank Holding Company (Regulatory Top Holder): Southern Community Bancshares, Inc. (RSSDID: 4260727, Location: Cullman, AL)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 4876
    FDIC's unique #: 43000
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 24, 1941
    Last Structure Change Effective Date: July 15, 2011
    Last Structure Change Process Date: August 12, 2011
    Last Data Update: August 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 420 2nd Avenue, Sw, Cullman, AL 35055
    County: Cullman
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
    Core Based Statistical Area (CBSA): Cullman, AL (#18980)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
    Name Change
    Change in Chartering Agent
    Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $68.3 mil
    Equity capital: $7.1 mil
    Deposits held in domestic offices: $60.1 mil
    Return on assets (ROA): 0.09% ($0.1 mil)
    Quarterly return on assets: -0.59% (-$0.4 mil)
    Return on Equity (ROE): 0.87% ($0.1 mil)
    Quarterly return on equity: -5.70% (-$0.4 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.15% ($102.5 mil)
    Quarterly Pretax return on assets: -0.52% (-$355.2 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
  • 14Total employees (full-time equivalent)
  • $68,317Total assets
  • $16,801Cash and due from depository institutions
  • $13,829Interest-bearing balances
  • $2,561Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,183Net loans & leases
  • $335Loan loss allowance
  • $0Trading account assets
  • $6,295Bank premises and fixed assets
  • $115Other real estate owned
  • $0Goodwill and other intangibles
  • $68,317Life insurance assets
  • $1,362All other assets
  • $61,263Total liabilities and capital
  • $60,111Total liabilities
  • $52,134Total deposits
  • $60,111Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,152Subordinated debt
  • $7,054All other liabilities
  • $7,054Total equity capital
  • $7,054Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $5,336Surplus
  • $1,718Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $39Income earned, not collected on loans
  • $0Earning assets
  • $250Long-term assets (5+ years)
  • $57,573Average Assets, year-to-date
  • $35,176Average Assets, quarterly
  • $68,175Volatile liabilities
  • $68,521Insider loans
  • $35,028FHLB advances
  • $67,811Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,002Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,163Restructured Loans and leases
  • $100Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,689Total interest income
  • $608Total interest expense
  • $2,081Net interest income
  • $89Provision for loan and lease losses
  • $364Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $246Additional noninterest income
  • $2,174Total noninterest expense
  • $858Salaries and employee benefits
  • $345Premises and equipment expense
  • $971Additional noninterest expense
  • $182Pre-tax net operating income
  • -$81Securities gains (losses)
  • $40Applicable income taxes
  • $61Income before extraordinary items
  • $0Extraordinary gains - net
  • $61Net income attributable to bank
  • $0Net charge-offs
  • $61Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.69%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.79%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.09%Return on assets (ROA)
  • 0.15%Pretax return on assets
  • 0.87%Return on equity (ROE)
  • 0.87%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -2966.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,916Assets per employee
  • 4.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 858.97%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 68.51%Net loans and leases to core deposits
  • 77.06%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 10.33%Tier 1 risk-based capital ratio
  • 19.99%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $68,175Average earning assets
  • $7,024Average equity
  • $57,338Average loans

List of branches

  • 2 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043000First Community Bank Of Cullman420 2nd Avenue, Sw, Cullman, AL 35055January 01, 1905Full Service Brick and Mortar
    1002788981900 Marketplatz Center Sw Branch1900 Marketplatz Center Sw, Cullman, AL 35055January 01, 1905Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Community Bank of Cullman.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents