HOW HEALTHY IS THIS BANK?
Community & Southern Bank
This bank acquired First Cherokee State Bank, headquartered in Woodstock, GA, after it failed on July 20, 2012.
This bank acquired Georgia Trust Bank, headquartered in Buford, GA, after it failed on July 20, 2012.
This bank acquired First Commerce Community Bank, headquartered in Douglasville, GA, after it failed on Sept. 17, 2010.
This bank acquired The Peoples Bank, headquartered in Winder, GA, after it failed on Sept. 17, 2010.
This bank acquired Bank of Ellijay, headquartered in Ellijay, GA, after it failed on Sept. 17, 2010.
(Only bank failures since Jan. 1, 2010 are listed)
The troubled asset ratio
1. A "troubled asset ratio" compares the sum of troubled assets with the sum of Tier 1 Capital plus Loan Loss Reserves. Generally speaking, higher values in this ratio indicate that a bank is under more stress caused by loans that are not paying as scheduled. Each bank graphic is on it's own scale: use caution when comparing two banks.
2. The graphs are for comparing this bank to the national median troubled asset ratio. Because the ratio varies so widely among banks across the nation, the scale is not consistent from bank to bank and the graphs should not be used to compare banks to one another.
Financial details for Community & Southern Bank
Note: The Federal Deposit Insurance Corp. insures deposit accounts up to $250,000. The "troubled asset ratio" is not an FDIC statistic. It is derived by adding the amounts of loans past due 90 days or more, loans in non-accrual status and other real estate owned (primarily properties obtained through foreclosure) and dividing that amount by the bank's capital and loan loss reserves. It is reported as a percentage. For example, a bank with $100,000 in "troubled assets" and $1,000,000 in capital would have a "troubled asset ratio" of 10 percent. For a fuller explanation, see our methodology.