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Overview / Commentary
1285 Chestnut ByPass
Centre, AL 35960

Generations Bank is headquartered in Centre and is the 113st largest bank in the state of Alabama. It is also the 5,320th largest bank in the nation. It was established in 2008 and as of March of 2014, it had grown to 20 employees at 3 locations. Generations Bank has a B+ health rating.

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Generations Bank has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Generations Bank had $789,000 in non-current loans and owned real-estate with $8.64 million in equity and loan loss allowances on hand to cover it. This gives Generations Bank a Texas Ratio of 9.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Generations Bank experienced no significant changes from 5.28% as of March 31, 2013 to 9.13% as of March 31, 2014, resulting in a negative change of 72.78%. This indicates that the balance sheet and financial strength for Generations Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Generations Bank has increased its total deposits by $6.82 million, resulting in 11.36% 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 Generations Bank has shown is excellent.



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. Generations Bank has $75 million in assets with $8.64 million in equity, resulting in a capitalization level of 11.52%, which is excellent.

Institution Statistics

FDIC Certificate #58842
Year Established2008
Primary RegulatorFDIC
Assets and Liabilities
Assets$75.00 million
Loans$46.12 million
Deposits$66.80 million
Equity Capital$8.01 million
Loan Loss Allowance$628,000
Unbacked Noncurrent Loans$584,000
Real Estate Owned$205,000
Historic Data - March 2013
Assets$68.20 million
Equity Capital$8.10 million
Loan Loss Allowance$644,000
Real Estate Owned$462,000
Profit Margin - Quarterly
Net Interest Margin3.85%
Return on Assets0.61%
Return on Equity5.64%
Interest Income$705,000

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Generations Bank Locations
Generations Bank1285 Chestnut BypassCentre, AL 35960
Gadsden Branch400 West Meighan BoulevardGadsden, AL 35901
Cedar Bluff Branch4971 Hwy 68Cedar Bluff, AL 35959