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Overview / Commentary
1285 Chestnut ByPass
Centre, AL 35960

Generations Bank is headquartered in Centre and is the 114st largest bank in the state of Alabama. It is also the 5,445th largest bank in the nation. It was established in 2008 and as of December of 2013, it had grown to 20 employees at 3 locations. Generations Bank has a B health rating.

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Data for Q4 2013

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 funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Generations Bank had $1.1 million in non-current loans and owned real-estate with $8.48 million in equity and loan loss allowances on hand to cover it. This gives Generations Bank a Texas Ratio of 12.94% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Generations Bank increased slightly from 6.13% as of December 31, 2012 to 12.94% as of December 31, 2013, resulting in a negative change of 111.26%. This indicates that the balance sheet and financial strength for Generations Bank has declined slightly in recent periods.

Deposit Growth


In the past year, Generations Bank has increased its total deposits by $3.28 million, resulting in 5.52% 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 $70.83 million in assets with $8.48 million in equity, resulting in a capitalization level of 11.98%, which is excellent.

Institution Statistics

FDIC Certificate #58842
Year Established2008
Primary RegulatorFDIC
Assets and Liabilities
Assets$70.83 million
Loans$47.14 million
Deposits$62.66 million
Equity Capital$7.89 million
Loan Loss Allowance$597,000
Unbacked Noncurrent Loans$887,000
Real Estate Owned$211,000
Historic Data - December 2012
Assets$70.21 million
Equity Capital$8.09 million
Loan Loss Allowance$633,000
Unbacked Noncurrent Loans$887,000
Real Estate Owned$462,000
Profit Margin - Quarterly
Net Interest Margin3.93%
Return on Assets0.56%
Return on Equity4.87%
Interest Income$2.83 million
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Generations Bank Checking Account Rates

0.75%-$25keChecking Plus
0.10%--eChecking Plus

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