FDIC Certificate #: 57 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Superior Bank (#17750) Federal Reserve ID: 594134 Date Established: July 23, 1923 WWW:http://www.communitybankal.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 19 (Interstate: No) OTS Docket #: 15670 FDIC's unique #: 38 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 07, 2006 Last Structure Change Process Date: November 21, 2006 Last Data Update: November 21, 2006 Data Source Date: April 05, 2012
Location
Address: Main And Liberty Streets, Blountsville, AL 35031 County: Blount 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 Metropolitan Statistical Area (MSA): Birmingham, AL (#1000) Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142) Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820) CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $569.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
277Total employees (full-time equivalent)
$564,639Total assets
$18,650Cash and due from depository institutions
$2,235Interest-bearing balances
$132,288Securities
$25,356Federal funds sold & reverse repurchase agreements
$335,483Net loans & leases
$4,736Loan loss allowance
$0Trading account assets
$22,558Bank premises and fixed assets
$7,024Other real estate owned
$2,497Goodwill and other intangibles
$0Life insurance assets
$20,783All other assets
$564,639Total liabilities and capital
$519,166Total liabilities
$443,226Total deposits
$370,385Interest-bearing deposits
$443,226Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$71,566Other borrowed funds
$0Subordinated debt
$4,374All other liabilities
$45,473Total equity capital
$45,473Total bank equity capital
$45,473Perpetual preferred stock
$0Common stock
$40Surplus
$36,886Undivided profits
Memoranda
$8,547Noncurrent loans and leases
$29,916Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,396Earning assets
$0Long-term assets (5+ years)
$3,392Average Assets, year-to-date
$495,362Average Assets, quarterly
$163,416Volatile liabilities
$548,678Insider loans
$564,032FHLB advances
$72,276Loans and leases held for sale
$1,362Unused loan commitments
$67,200Tier 1 (core) risk-based capital
$58,000Tier 2 risk-based capital
$1,005Total risk weighted assets
$29,916Total unused commitments
$235Restructured Loans and leases
$4,543Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$33,628Total interest income
$12,943Total interest expense
$20,685Net interest income
$796Provision for loan and lease losses
$6,838Total noninterest income
$0Fiduciary activities
$2,957Service charges on deposit accounts
$0Trading account gains & fees
$3,881Additional noninterest income
$22,909Total noninterest expense
$12,004Salaries and employee benefits
$3,854Premises and equipment expense
$7,051Additional noninterest expense
$3,818Pre-tax net operating income
-$171Securities gains (losses)
$1,323Applicable income taxes
$2,324Income before extraordinary items
$0Extraordinary gains - net
$2,324Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$685Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.11%Yield on earning assets
2.74%Cost of funding earning assets
4.37%Net interest margin
1.45%Noninterest income to earning assets
4.84%Noninterest expense to earning assets
0.44%Net operating income to assets
0.42%Return on assets (ROA)
0.66%Pretax return on assets
5.18%Return on equity (ROE)
5.18%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
116.20%Credit loss provision to net charge-offs
6.74%Efficiency ratio
83,236Assets per employee
2.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
139.46%Noncurrent assets plus other real estate owned to assets
1.85%Noncurrent loans to loans
1.00%Net loans and leases to deposits
75.69%Net loans and leases to core deposits
90.31%Equity capital to assets
8.05%Core capital (leverage) ratio
7.17%Tier 1 risk-based capital ratio
10.90%Total risk-based capital ratio
Memoranda
$12Average assets
$548,678Average earning assets
$44,881Average equity
$472,867Average loans
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 Community Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: