American Southern Bank
Kennesaw, GA — Non-member Bank
Acquired Apr 2009
Vitals
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Total Assets106.0M 54.3 %
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Total Deposits105.9M 81.6 %
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Total Net Loans60.9M 13.8 %
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Net Income
-
Book Value
-
Book Value x2
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Book Value x3
Balance Sheet Highlights
| Financial Highlights | American Southern Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 105,950 | 234,016 |
| Total Net Loans | 60,910 | 169,953 |
| Total Deposits | 105,940 | 197,041 |
| Total Equity | — | 21,196 |
| Profitability | ||
| Net Income | — | 362 |
| Return on Average Assets | — | .739 |
| Return on Average Equity | — | 7.17 |
| Net Interest Margin | 1.181 | 3.091 |
| Efficiency Ratio | 370.531 | 99.343 |
| Noninterest Income/Revenue | 1.668 | 61.227 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 57.495 | 82.442 |
| Securities/Assets | .213 | .183 |
| Total Equity/Total Assets | .091 | |
| Tangible Equity/Tangible Assets | -.831 | |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | — | 20,165 |
| Tier 2 Capital | — | 2,456 |
| Total Capital | — | 22,628 |
| Total Risk Weighted Assets | 80,430 | 180,778 |
| Leverage Ratio | — | 9.579 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | — | 12.867 |
| Total Capital Ratio | — | 14.1 |
Timeline for American Southern Bank
Bank Of North Georgia
American Southern Bank was acquired by Bank Of North Georgia 15 years
View Profile Apr 25 2009
American Southern Bank
American Southern Bank was established 18 years ago and is currently headquartered in Kennesaw, GA.
Aug 30 2005
American Southern Bancorp, Inc.
American Southern Bancorp, Inc. became a new parent organization for American Southern Bank.
View Profile Aug 30 2005| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of North Georgia | Buyer | 4,673,717 | Failure | 4/25/2009 |
| Relationships | Role | Relationship Start | Relationship End |
| American Southern Bancorp, Inc. | Parent | 8/30/2005 | 4/24/2009 |
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