First Community Bank of Cullman in city_name, state_name - Detailed Financial Reports, Location

First Community Bank of Cullman in Cullman, Alabama (AL)
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First Community Bank of Cullman routing number info

First Community Bank of Cullman - Overview

General
FDIC Certificate #: 30166
Status: Active
Federal Reserve ID: 812379
Bank Holding Company (Regulatory Top Holder): Southern Community Bancshares, Inc. (RSSDID: 4260727, Location: Cullman, AL)
Date Established: January 01, 1905
WWW: http://www.fcbcullman.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 4876
FDIC's unique #: 43000
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: Mortgage Lending Specialization
Date of Deposit Insurance: September 24, 1941
Last Structure Change Effective Date: July 15, 2011
Last Structure Change Process Date: August 12, 2011
Last Data Update: August 12, 2011
Data Source Date: April 05, 2012
Location
Address: 420 2nd Avenue, Sw, Cullman, AL 35055
County: Cullman
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
Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
Core Based Statistical Area (CBSA): Cullman, AL (#18980)
CBSA Micro Statistical Area: Yes
History of Changes
Corrections
Name Change
Change in Chartering Agent
Change in Primary Regulatory Agency
Financial Summary
Total assets: $68.3 mil
Equity capital: $7.1 mil
Deposits held in domestic offices: $60.1 mil
Return on assets (ROA): 0.09% ($0.1 mil)
Quarterly return on assets: -0.59% (-$0.4 mil)
Return on Equity (ROE): 0.87% ($0.1 mil)
Quarterly return on equity: -5.70% (-$0.4 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.15% ($102.5 mil)
Quarterly Pretax return on assets: -0.52% (-$355.2 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, 2011)

Dollar figures in thousands
14Total employees (full-time equivalent)
$68,317Total assets
$16,801Cash and due from depository institutions
$13,829Interest-bearing balances
$2,561Securities
$0Federal funds sold & reverse repurchase agreements
$41,183Net loans & leases
$335Loan loss allowance
$0Trading account assets
$6,295Bank premises and fixed assets
$115Other real estate owned
$0Goodwill and other intangibles
$68,317Life insurance assets
$1,362All other assets
$61,263Total liabilities and capital
$60,111Total liabilities
$52,134Total deposits
$60,111Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,152Subordinated debt
$7,054All other liabilities
$7,054Total equity capital
$7,054Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$5,336Surplus
$1,718Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$39Income earned, not collected on loans
$0Earning assets
$250Long-term assets (5+ years)
$57,573Average Assets, year-to-date
$35,176Average Assets, quarterly
$68,175Volatile liabilities
$68,521Insider loans
$35,028FHLB advances
$67,811Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,002Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,163Restructured Loans and leases
$100Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,689Total interest income
$608Total interest expense
$2,081Net interest income
$89Provision for loan and lease losses
$364Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$246Additional noninterest income
$2,174Total noninterest expense
$858Salaries and employee benefits
$345Premises and equipment expense
$971Additional noninterest expense
$182Pre-tax net operating income
-$81Securities gains (losses)
$40Applicable income taxes
$61Income before extraordinary items
$0Extraordinary gains - net
$61Net income attributable to bank
$0Net charge-offs
$61Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.69%Yield on earning assets
1.06%Cost of funding earning assets
3.63%Net interest margin
0.63%Noninterest income to earning assets
3.79%Noninterest expense to earning assets
0.17%Net operating income to assets
0.09%Return on assets (ROA)
0.15%Pretax return on assets
0.87%Return on equity (ROE)
0.87%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-2966.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,916Assets per employee
4.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
858.97%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.09%Net loans and leases to deposits
68.51%Net loans and leases to core deposits
77.06%Equity capital to assets
10.33%Core capital (leverage) ratio
10.33%Tier 1 risk-based capital ratio
19.99%Total risk-based capital ratio
Memoranda
$21Average assets
$68,175Average earning assets
$7,024Average equity
$57,338Average loans

List of branches

2 Alabama Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	43000	First Community Bank Of Cullman	420 2nd Avenue, Sw, Cullman, AL 35055	January 01, 1905	Full Service Brick and Mortar
100	278898	1900 Marketplatz Center Sw Branch	1900 Marketplatz Center Sw, Cullman, AL 35055	January 01, 1905	Full Service Brick and Mortar

First Community Bank of Cullman in Cullman, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of Cullman - 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:

First Community Bank of Cullman in Cullman, Alabama (AL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of Cullman - 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:

First Community Bank of Cullman in Cullman, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches