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706-253-9600
15 Sammy McGhee Blvd PO Box 40
Jasper, GA 30143

Community Bank of Pickens County is headquartered in Jasper and is the 43rd largest bank in the state of Georgia. It is also the 1,939th largest bank in the nation. It was established in 2000 and as of December of 2013, it had grown to 47 employees at 2 locations. Community Bank of Pickens County has a C+ health rating.

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Reviews (1)

Great Bank. Personal Service. Not A Big Box Bank.

This bank took care of my family and I when other big box banks (Bank of America, Well Fargo, United Community Bank, Regions Bank) flat out refused. I have been honest with them - they have been honest with me. My house is now built and vehicles financed at very good rates. I'm self employed.



Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
D

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Community Bank of Pickens County had $23.85 million in non-current loans and owned real-estate with $26.78 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Pickens County a Texas Ratio of 89.05% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Community Bank of Pickens County decreased dramatically from 147.97% as of December 31, 2012 to 89.05% as of December 31, 2013, resulting in a positive change of 39.82%.This indicates that the balance sheet and financial strength for Community Bank of Pickens County has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Community Bank of Pickens County has increased its total deposits by $21.34 million, resulting in 7.43% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Community Bank of Pickens County has shown is excellent.

Capitalization

GRADE:
C-

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Community Bank of Pickens County has $336.3 million in assets with $26.78 million in equity, resulting in a capitalization level of 7.96%, which is below average.

Institution Statistics

Overall
FDIC Certificate #35513
Year Established2000
Employees47
Primary RegulatorFDIC
Assets and Liabilities
Assets$336.30 million
Loans$247.16 million
Deposits$308.52 million
Equity Capital$23.32 million
Loan Loss Allowance$3.47 million
Unbacked Noncurrent Loans$2.80 million
Real Estate Owned$21.05 million
Historic Data - December 2012
Assets$306.61 million
Equity Capital$15.57 million
Loan Loss Allowance$3.85 million
Unbacked Noncurrent Loans$2.80 million
Real Estate Owned$19.61 million
Profit Margin - Quarterly
Net Interest Margin4.15%
Return on Assets1.82%
Return on Equity31.53%
Interest Income$15.07 million
Rates

Sorry, we do not have rate data for Community Bank of Pickens County

Locations


Community Bank of Pickens County Locations
Community Bank Of Pickens County15 Sammy Mcghee BlvdJasper, GA 30143
Cove Road Location Branch65 Cove RoadJasper, GA 30143