FDIC Certificate #: 57036 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:State Bank and Trust Company (#57870) Federal Reserve ID: 3130999 Date Established: August 05, 2002 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 334386 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: August 05, 2002 Last Structure Change Effective Date: October 21, 2011 Last Structure Change Process Date: October 24, 2011 Last Data Update: October 24, 2011 Data Source Date: April 05, 2012
Location
Address: 2236 Mount Zion Road, Jonesboro, GA 30236 County: Clayton 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)
Financial Summary
Total assets: $165.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
90Total employees (full-time equivalent)
$192,063Total assets
$29,699Cash and due from depository institutions
$500Interest-bearing balances
$1,872Securities
$8Federal funds sold & reverse repurchase agreements
$144,396Net loans & leases
$2,598Loan loss allowance
$0Trading account assets
$2,872Bank premises and fixed assets
$10,978Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,238All other assets
$192,063Total liabilities and capital
$186,987Total liabilities
$172,652Total deposits
$159,549Interest-bearing deposits
$172,652Deposits held in domestic offices
94.15%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,515Other borrowed funds
$0Subordinated debt
$820All other liabilities
$5,076Total equity capital
$5,076Total bank equity capital
$5,076Perpetual preferred stock
$0Common stock
$5,300Surplus
$14,783Undivided profits
Memoranda
$-15,007Noncurrent loans and leases
$3,791Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$17,719Earning assets
$0Long-term assets (5+ years)
$544Average Assets, year-to-date
$146,776Average Assets, quarterly
$22,902Volatile liabilities
$198,692Insider loans
$195,156FHLB advances
$69,691Loans and leases held for sale
$4,668Unused loan commitments
$12,500Tier 1 (core) risk-based capital
$30,699Tier 2 risk-based capital
$30,699Total risk weighted assets
$3,791Total unused commitments
$0Restructured Loans and leases
$1,784Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$7,916Total interest income
$3,667Total interest expense
$4,249Net interest income
$6,280Provision for loan and lease losses
$4,171Total noninterest income
$0Fiduciary activities
$64Service charges on deposit accounts
$0Trading account gains & fees
$4,107Additional noninterest income
$11,598Total noninterest expense
$5,019Salaries and employee benefits
$807Premises and equipment expense
$5,772Additional noninterest expense
-$9,458Pre-tax net operating income
$78Securities gains (losses)
$0Applicable income taxes
-$9,380Income before extraordinary items
$0Extraordinary gains - net
-$9,380Net income attributable to bank
$0Net charge-offs
-$9,380Cash dividends
$6,199Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.19%Yield on earning assets
2.40%Cost of funding earning assets
2.79%Net interest margin
2.73%Noninterest income to earning assets
7.60%Noninterest expense to earning assets
-4.76%Net operating income to assets
-4.72%Return on assets (ROA)
-4.72%Pretax return on assets
-83.04%Return on equity (ROE)
-83.04%Retained earnings to average equity (YTD only)
4.19%Net charge-offs to loans
101.31%Credit loss provision to net charge-offs
-0.51%Efficiency ratio
137,743Assets per employee
2.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.77%Loss allowance to noncurrent loans
14.66%Noncurrent assets plus other real estate owned to assets
14.94%Noncurrent loans to loans
12.05%Net loans and leases to deposits
83.63%Net loans and leases to core deposits
129.53%Equity capital to assets
2.64%Core capital (leverage) ratio
2.19%Tier 1 risk-based capital ratio
3.15%Total risk-based capital ratio
Memoranda
$4Average assets
$198,692Average earning assets
$11,296Average equity
$152,533Average 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 Capital 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: