Generations Bank
Centre, AL — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Vitals
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Total Assets79.5M 13.2 %
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Total Deposits70.8M 14.0 %
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Total Net Loans50.0M 5.5 %
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Net Income331000.0000 7.1 %
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Book Value8.4M 6.7 %
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Book Value x216.8M 6.7 %
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Book Value x325.3M 6.7 %
Balance Sheet Highlights
| Financial Highlights | Generations Bank | All Insured Commercial Banks in Alabama |
| Balance Sheet $(000) | ||
| Total Assets | 79,483 | 223,439 |
| Total Net Loans | 49,960 | 126,801 |
| Total Deposits | 70,787 | 188,766 |
| Total Equity | 8,425 | 25,826 |
| Profitability | ||
| Net Income | 331 | 1,025 |
| Return on Average Assets | .876 | .821 |
| Return on Average Equity | 8.168 | 7.105 |
| Net Interest Margin | 3.91 | 3.91 |
| Efficiency Ratio | 78.799 | 71.632 |
| Noninterest Income/Revenue | 19.438 | 13.465 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 70.578 | 63.796 |
| Securities/Assets | .235 | .265 |
| Total Equity/Total Assets | .106 | .116 |
| Tangible Equity/Tangible Assets | .106 | .115 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 8,405 | 25,285 |
| Tier 2 Capital | 664 | 1,673 |
| Total Capital | 9,069 | 26,983 |
| Total Risk Weighted Assets | 56,570 | 147,489 |
| Leverage Ratio | 10.92 | 11.573 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 14.86 | 18.625 |
| Total Capital Ratio | 16.03 | 19.746 |
Timeline for Generations Bank
Peoples Bank Of Alabama
Generations Bank was acquired by Peoples Bank Of Alabama 9 years
View Profile Aug 16 2014
Generations Bank
Generations Bank was established 15 years ago and is currently headquartered in Centre, AL.
Oct 06 2008
Altrust Financial Services, Inc.
Altrust Financial Services, Inc. became a new parent organization for Generations Bank.
View Profile Oct 06 2008| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Peoples Bank Of Alabama | Buyer | 662,504 | Pooling of Interests | Discontinued | 8/16/2014 |
| Relationships | Role | Relationship Start | Relationship End |
| Altrust Financial Services, Inc. | Parent | 10/6/2008 | 8/15/2014 |
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