Madison County Community Bank in Madison, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Madison County Community Bank in Madison, Florida (FL)
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Madison County Community Bank - Overview

  • General
  • FDIC Certificate #: 35056
    Status: Active
    Federal Reserve ID: 2805928
    Bank Holding Company (Regulatory Top Holder): Madison Community Bancshares Corporation (RSSDID: 3619702, Location: Madison, FL)
    Date Established: May 05, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 74360
    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: May 05, 1999
    Last Structure Change Effective Date: July 09, 2007
    Last Structure Change Process Date: July 10, 2007
    Last Data Update: July 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 West Base Street, Madison, FL 32340
    County: Madison
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $94.3 mil
    Equity capital: $9.1 mil
    Deposits held in domestic offices: $85.1 mil
    Return on assets (ROA): 0.51% ($0.5 mil)
    Quarterly return on assets: 0.57% ($0.5 mil)
    Return on Equity (ROE): 5.52% ($0.5 mil)
    Quarterly return on equity: 5.93% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.82% ($773.3 mil)
    Quarterly Pretax return on assets: 0.92% ($867.6 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
  • 20Total employees (full-time equivalent)
  • $94,305Total assets
  • $7,455Cash and due from depository institutions
  • $4,106Interest-bearing balances
  • $24,095Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $55,090Net loans & leases
  • $1,065Loan loss allowance
  • $0Trading account assets
  • $3,856Bank premises and fixed assets
  • $2,386Other real estate owned
  • $0Goodwill and other intangibles
  • $94,305Life insurance assets
  • $1,423All other assets
  • $85,183Total liabilities and capital
  • $85,131Total liabilities
  • $75,256Total deposits
  • $85,131Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $52Subordinated debt
  • $9,122All other liabilities
  • $9,122Total equity capital
  • $9,122Total bank equity capital
  • $0Perpetual preferred stock
  • $2,511Common stock
  • $3,121Surplus
  • $3,490Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,652Income earned, not collected on loans
  • $0Earning assets
  • $566Long-term assets (5+ years)
  • $83,291Average Assets, year-to-date
  • $12,541Average Assets, quarterly
  • $93,536Volatile liabilities
  • $94,169Insider loans
  • $54,824FHLB advances
  • $94,387Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,877Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,991Restructured Loans and leases
  • $3,218Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,913Total interest income
  • $1,114Total interest expense
  • $2,799Net interest income
  • $326Provision for loan and lease losses
  • $457Total noninterest income
  • $0Fiduciary activities
  • $471Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$14Additional noninterest income
  • $2,286Total noninterest expense
  • $1,060Salaries and employee benefits
  • $375Premises and equipment expense
  • $851Additional noninterest expense
  • $644Pre-tax net operating income
  • $127Securities gains (losses)
  • $290Applicable income taxes
  • $481Income before extraordinary items
  • $0Extraordinary gains - net
  • $481Net income attributable to bank
  • $0Net charge-offs
  • $481Cash dividends
  • $183Sale, conversion, retirement of capital stock, net
  • $56Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.72%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 5.52%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 178.14%Credit loss provision to net charge-offs
  • 5.30%Efficiency ratio
  • 70,209Assets per employee
  • 4.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 11.64%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 22.89%Noncurrent assets plus other real estate owned to assets
  • 7.46%Noncurrent loans to loans
  • 8.28%Net loans and leases to deposits
  • 64.71%Net loans and leases to core deposits
  • 71.37%Equity capital to assets
  • 9.67%Core capital (leverage) ratio
  • 9.40%Tier 1 risk-based capital ratio
  • 16.19%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $93,536Average earning assets
  • $8,720Average equity
  • $82,890Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    074360Madison County Community Bank301 West Base Street, Madison, FL 32340May 05, 1999Full Service Brick and Mortar

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