Vitals
  • Total Assets
    285.1M -4.9 %
  • Total Deposits
    259.1M -4.2 %
  • Total Net Loans
    145.2M 5.5 %
  • Net Income
    -3577000.0000 22.3 %
  • Book Value
    23.0M -12.1 %
  • Book Value x2
    46.0M -12.1 %
  • Book Value x3
    69.0M -12.1 %
ROAA

-1.219

ROAE

-14.424

Efficiency Ratio

121.482

Net Interest Margin

4.023

Balance Sheet Highlights
Financial Highlights Southcrest Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 285,136 208,305
Total Net Loans 145,205 124,694
Total Deposits 259,102 180,994
Total Equity 22,997 20,362
Profitability
Net Income -3,577 1,426
Return on Average Assets -1.219 .606
Return on Average Equity -14.424 5.506
Net Interest Margin 4.023 3.871
Efficiency Ratio 121.482 78.98
Noninterest Income/Revenue 30.684 15.332
Balance Sheet Ratios
Loan-to-Deposit 56.042 67.949
Securities/Assets .208 .185
Total Equity/Total Assets .081 .098
Tangible Equity/Tangible Assets .078 .097
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 22,066 20,153
Tier 2 Capital 2,286 1,654
Total Capital 24,352 21,876
Total Risk Weighted Assets 183,279 136,115
Leverage Ratio 7.64 10.058
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.04 15.844
Total Capital Ratio 13.29 17.061

Timeline for Southcrest Bank

Southcrest Bank, National Association

Southcrest Bank was acquired by Southcrest Bank, National Association 10 years

View Profile Mar 01 2014

Century Security Bank

Acquisition: Southcrest Bank acquired a new subsidiary, Century Security Bank, 14 years

View Profile Mar 20 2010

Southcrest Financial Group, Inc.

Southcrest Financial Group, Inc. became a new parent organization for Southcrest Bank.

View Profile Feb 07 1997

Southcrest Bank

Southcrest Bank was established 72 years ago and is currently headquartered in Thomaston, GA.

Oct 01 1951
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Southcrest Bank, National Association Buyer 541,467 Pooling of Interests Discontinued 3/1/2014
Century Security Bank Seller 96,535 Failure 3/20/2010
Relationships Role Relationship Start Relationship End
Southcrest Financial Group, Inc. Parent 2/7/1997 2/28/2014
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