First Choice Community Bank
Dallas, GA — Non-member Bank
Acquired Apr 2011
Vitals
-
Total Assets291.2M -19.5 %
-
Total Deposits294.8M -9.5 %
-
Total Net Loans234.1M -18.6 %
-
Net Income-746000.0000 80.2 %
-
Book Value-8381000.0000 -127.0 %
-
Book Value x2-16762000.0000 -127.0 %
-
Book Value x3-25143000.0000 -127.0 %
Balance Sheet Highlights
| Financial Highlights | First Choice Community Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 291,196 | 205,013 |
| Total Net Loans | 234,084 | 130,073 |
| Total Deposits | 294,769 | 178,607 |
| Total Equity | -8,381 | 16,217 |
| Profitability | ||
| Net Income | -746 | -38 |
| Return on Average Assets | -.997 | .006 |
| Return on Average Equity | — | -4.454 |
| Net Interest Margin | 2.272 | 3.548 |
| Efficiency Ratio | 137.285 | 85.152 |
| Noninterest Income/Revenue | 8.246 | 11.196 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 79.413 | 70.844 |
| Securities/Assets | .013 | .156 |
| Total Equity/Total Assets | -.029 | .079 |
| Tangible Equity/Tangible Assets | -.03 | .078 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | -19,444 | 15,517 |
| Tier 2 Capital | — | 1,753 |
| Total Capital | -19,444 | 17,280 |
| Total Risk Weighted Assets | 244,134 | 142,361 |
| Leverage Ratio | -6.75 | 8.595 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | -7.96 | 13.003 |
| Total Capital Ratio | -7.96 | 14.255 |
Timeline for First Choice Community Bank
First Choice Community Bank was acquired by 13 years
Apr 30 2011
Bank Of The Ozarks
First Choice Community Bank was acquired by Bank Of The Ozarks 13 years
View Profile Apr 30 2011
First Choice Community Bank 1874
Acquisition: First Choice Community Bank acquired a new subsidiary, First Choice Community Bank 1874, 14 years
View Profile Mar 26 2010
First Choice Community Bank
First Choice Community Bank was established 17 years ago and is currently headquartered in Dallas, GA.
Apr 09 2007
Fmcb Holdings, Inc.
Fmcb Holdings, Inc. became a new parent organization for First Choice Community Bank.
View Profile Apr 09 2007| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of The Ozarks | Buyer | 18,430,019 | Failure | 4/30/2011 | |
| First Choice Community Bank 1874 | Seller | 235,591 | Pooling of Interests | Discontinued | 3/26/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Fmcb Holdings, Inc. | Parent | 4/9/2007 | 4/29/2011 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Prime Meridian Bank
|
Tallahassee | FL | 290.1M |
|
The Fountain Trust Company
|
Covington | IN | 289.9M |
|
St. Landry Bank And Trust Company
|
Opelousas | LA | 292.6M |
|
Bank Of Idaho
|
Idaho Falls | ID | 286.7M |
|
Pineland Bank
|
Alma | GA | 286.4M |
|
First Century Bank
|
Tazewell | TN | 297.4M |
|
Peoples Bank Of Kentucky, Inc.
|
Flemingsburg | KY | 284.9M |
|
Town & Country Bank And Trust Company
|
Bardstown | KY | 284.3M |
|
The Farmers Savings Bank
|
Spencer | OH | 283.7M |
|
Community First Bank
|
Kennewick | WA | 282.1M |