FDIC Certificate #: 35056 Status: Active Federal Reserve ID: 2805928 Bank Holding Company (Regulatory Top Holder): Madison Community Bancshares Corporation (RSSDID: 3619702, Location: Madison, FL) Date Established: May 05, 1999 WWW:http://www.mccbflorida.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 74360 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 05, 1999 Last Structure Change Effective Date: July 09, 2007 Last Structure Change Process Date: July 10, 2007 Last Data Update: July 10, 2007 Data Source Date: April 05, 2012
Location
Address: 301 West Base Street, Madison, FL 32340 County: Madison Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Gainesville Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Financial Summary
Total assets: $94.3 mil Equity capital: $9.1 mil Deposits held in domestic offices: $85.1 mil Return on assets (ROA): 0.51% ($0.5 mil) Quarterly return on assets: 0.57% ($0.5 mil) Return on Equity (ROE): 5.52% ($0.5 mil) Quarterly return on equity: 5.93% ($0.5 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.82% ($773.3 mil) Quarterly Pretax return on assets: 0.92% ($867.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
20Total employees (full-time equivalent)
$94,305Total assets
$7,455Cash and due from depository institutions
$4,106Interest-bearing balances
$24,095Securities
$0Federal funds sold & reverse repurchase agreements
$55,090Net loans & leases
$1,065Loan loss allowance
$0Trading account assets
$3,856Bank premises and fixed assets
$2,386Other real estate owned
$0Goodwill and other intangibles
$94,305Life insurance assets
$1,423All other assets
$85,183Total liabilities and capital
$85,131Total liabilities
$75,256Total deposits
$85,131Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$52Subordinated debt
$9,122All other liabilities
$9,122Total equity capital
$9,122Total bank equity capital
$0Perpetual preferred stock
$2,511Common stock
$3,121Surplus
$3,490Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,652Income earned, not collected on loans
$0Earning assets
$566Long-term assets (5+ years)
$83,291Average Assets, year-to-date
$12,541Average Assets, quarterly
$93,536Volatile liabilities
$94,169Insider loans
$54,824FHLB advances
$94,387Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,877Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,991Restructured Loans and leases
$3,218Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,913Total interest income
$1,114Total interest expense
$2,799Net interest income
$326Provision for loan and lease losses
$457Total noninterest income
$0Fiduciary activities
$471Service charges on deposit accounts
$0Trading account gains & fees
-$14Additional noninterest income
$2,286Total noninterest expense
$1,060Salaries and employee benefits
$375Premises and equipment expense
$851Additional noninterest expense
$644Pre-tax net operating income
$127Securities gains (losses)
$290Applicable income taxes
$481Income before extraordinary items
$0Extraordinary gains - net
$481Net income attributable to bank
$0Net charge-offs
$481Cash dividends
$183Sale, conversion, retirement of capital stock, net
$56Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.72%Yield on earning assets
1.34%Cost of funding earning assets
3.38%Net interest margin
0.55%Noninterest income to earning assets
2.76%Noninterest expense to earning assets
0.43%Net operating income to assets
0.51%Return on assets (ROA)
0.82%Pretax return on assets
5.52%Return on equity (ROE)
4.87%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
178.14%Credit loss provision to net charge-offs
5.30%Efficiency ratio
70,209Assets per employee
4.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.64%Loss allowance to loans
1.90%Loss allowance to noncurrent loans
22.89%Noncurrent assets plus other real estate owned to assets
7.46%Noncurrent loans to loans
8.28%Net loans and leases to deposits
64.71%Net loans and leases to core deposits
71.37%Equity capital to assets
9.67%Core capital (leverage) ratio
9.40%Tier 1 risk-based capital ratio
16.19%Total risk-based capital ratio
Memoranda
$17Average assets
$93,536Average earning assets
$8,720Average equity
$82,890Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
74360
Madison County Community Bank
301 West Base Street, Madison, FL 32340
May 05, 1999
Full Service Brick and Mortar
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 Madison County 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: