Institution Statistics
| Community & Southern Bank | | FDIC Certificate # | 59010 | | BankRate Report | View | | Year Established | 2010 | | Employees | 551 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $2.22 billion | | Loans | $918.23 million | | Deposits | $1.68 billion | | Equity Capital | $342.68 million | | Loan Loss Allowance | $40.55 million | | Unbacked Noncurrent Loans | $236.21 million | | Real Estate Owned | $125.56 million |
Historic Data - September 2010 | | Assets | $2.56 billion | | Equity Capital | $350.58 million | | Loan Loss Allowance | $152,000 | | Unbacked Noncurrent Loans | $28,000 | | Real Estate Owned | $188.53 million |
Profit Margin - Quarterly | | Net Interest Margin | 5.5% | | Return on Assets | 0.39% | | Return on Equity | 2.7% | | Interest Income | $81.78 million |
|
|
Institution Health
Overall Score:
2 out of 5 
| Texas Ratio |  | | 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 September 30, 2011 Community & Southern Bank had $361.77 million in non-current loans and owned real-estate with $383.23 million in equity and loan loss allowances on hand to cover it. This gives Community & Southern Bank a Texas Ratio of 94.40% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Community & Southern Bank decreased slightly from 138.89% as of September 30, 2010 to 94.40% as of September 30, 2011, resulting in a positive change of 32.03%.This indicates that the balance sheet and financial strength for Community & Southern Bank has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Community & Southern Bank has decreased its total deposits by -$333.45 million, resulting in -16.53% 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 & Southern Bank has shown is poor. | | Capitalization |  | | 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 & Southern Bank has $2.22 billion in assets with $383.23 million in equity, resulting in a capitalization level of 17.28%, which is excellent. |
|
Average User Rating:
- nikid - Saturday, November 19, 2011 - 10:16 AM
GONE DOWNHILL QUICKLY.
This bank was decent while it was W Ga National Bank. Then it became First National. Still, acceptable. Good online banking, nice LOCAL people. Then, when it was shut down and reopened as Community & Southern it has steadly gone downhill. The online banking is USELESS and very old looking. It's almost like they went back 25 years with it. They are not local anymore. They do not fix things when things go wrong. They are hard to get in touch with. The only good thing is deposits are posted that day up until 4pm..unlike most banks...which have 2pm cutoffs. I am moving my money to Suntrust Bank. Not a local bank, but one that seems to be more current with their products. I hate hate hate hate hate this bank. It makes my blood boil to log onto their website.
It only gets 1 star because I have to give it one. but really, this is a no star bank.