Community Bank of the South in city_name, state_name - Detailed Financial Reports, Location

Community Bank of the South in Smyrna, Georgia (GA)
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Community Bank of the South routing number info

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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
WWW: http://www.cbsouth.com
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

No	ID	Name	Address	Established	Service Type
0	73860	Community Bank Of The South	3016 Atlanta Road, Smyrna, GA 30080	August 02, 1999	Full Service Brick and Mortar
1	423489	Canton Highway Branch	3324 Canton Highway, Marietta, GA 30066	November 03, 2003	Full Service Brick and Mortar
2	430600	Dallas Highway Branch	3596 Dallas Highway, Marietta, GA 30064	July 18, 2001	Full Service Brick and Mortar
3	442521	Johnson Ferry Road Branch	3140 Johnson Ferry Road, Marietta, GA 30062	April 25, 2005	Full Service Brick and Mortar

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

Community Bank of the South - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

Community Bank of the South - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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