Mountain Valley Community Bank in Cleveland, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mountain Valley Community Bank - Overview

  • General
  • FDIC Certificate #: 57711
    Status: Active
    Federal Reserve ID: 3265257
    Bank Holding Company (Regulatory Top Holder): Mountain Valley Bancshares, Inc. (RSSDID: 3353800, Location: Cleveland, GA)
    Date Established: May 04, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 422521
    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 04, 2004
    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: 136 North Main Street, Cleveland, GA 30528
    County: White
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $138.9 mil
    Equity capital: $15.2 mil
    Deposits held in domestic offices: $116.5 mil
    Return on assets (ROA): 0.17% ($0.2 mil)
    Quarterly return on assets: 0.50% ($0.7 mil)
    Return on Equity (ROE): 1.60% ($0.2 mil)
    Quarterly return on equity: 4.63% ($0.7 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.24% ($333.3 mil)
    Quarterly Pretax return on assets: 0.64% ($888.9 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
  • 26Total employees (full-time equivalent)
  • $138,886Total assets
  • $11,128Cash and due from depository institutions
  • $9,826Interest-bearing balances
  • $27,370Securities
  • $3,170Federal funds sold & reverse repurchase agreements
  • $85,285Net loans & leases
  • $1,812Loan loss allowance
  • $0Trading account assets
  • $5,557Bank premises and fixed assets
  • $3,110Other real estate owned
  • $0Goodwill and other intangibles
  • $138,885Life insurance assets
  • $3,266All other assets
  • $123,672Total liabilities and capital
  • $116,548Total liabilities
  • $97,845Total deposits
  • $116,548Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 450.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,477Trading liabilities
  • $0Other borrowed funds
  • $197Subordinated debt
  • $15,213All other liabilities
  • $15,213Total equity capital
  • $15,213Total bank equity capital
  • $0Perpetual preferred stock
  • $5,107Common stock
  • $9,191Surplus
  • $915Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,976Income earned, not collected on loans
  • $0Earning assets
  • $546Long-term assets (5+ years)
  • $125,651Average Assets, year-to-date
  • $29,820Average Assets, quarterly
  • $141,660Volatile liabilities
  • $141,868Insider loans
  • $97,611FHLB advances
  • $143,841Loans and leases held for sale
  • $1,500Unused loan commitments
  • $1,500Tier 1 (core) risk-based capital
  • $14,763Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,739Restructured Loans and leases
  • $3,617Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,005Total interest income
  • $1,662Total interest expense
  • $4,343Net interest income
  • $508Provision for loan and lease losses
  • $207Total noninterest income
  • $0Fiduciary activities
  • $246Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$39Additional noninterest income
  • $3,704Total noninterest expense
  • $1,760Salaries and employee benefits
  • $548Premises and equipment expense
  • $1,396Additional noninterest expense
  • $338Pre-tax net operating income
  • $0Securities gains (losses)
  • $98Applicable income taxes
  • $240Income before extraordinary items
  • $0Extraordinary gains - net
  • $240Net income attributable to bank
  • $0Net charge-offs
  • $240Cash dividends
  • $498Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 2.86%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 1.60%Return on equity (ROE)
  • 1.60%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 102.01%Credit loss provision to net charge-offs
  • 1.70%Efficiency ratio
  • 81,407Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.08%Loss allowance to noncurrent loans
  • 25.97%Noncurrent assets plus other real estate owned to assets
  • 7.26%Noncurrent loans to loans
  • 8.01%Net loans and leases to deposits
  • 73.18%Net loans and leases to core deposits
  • 80.92%Equity capital to assets
  • 10.95%Core capital (leverage) ratio
  • 10.26%Tier 1 risk-based capital ratio
  • 15.12%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $141,660Average earning assets
  • $15,005Average equity
  • $129,437Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0422521Mountain Valley Community Bank136 North Main Street, Cleveland, GA 30528May 04, 2004Full Service Brick and Mortar
    1465956Jefferson Branch1420 Winder Highway, Jefferson, GA 30549July 24, 2007Full Service Brick and Mortar
    2473865North Hall Branch5140 Cleveland Highway, Clermont, GA 30527April 20, 2007Full Service Brick and Mortar

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