Vitals
  • Total Assets
    165.2M -1.0 %
  • Total Deposits
    144.1M 0.4 %
  • Total Net Loans
    112.8M -2.0 %
  • Net Income
    293000.0000 34.4 %
  • Book Value
    20.6M 4.3 %
  • Book Value x2
    41.3M 4.3 %
  • Book Value x3
    61.9M 4.3 %
ROAA

.721

ROAE

5.74

Efficiency Ratio

70.429

Net Interest Margin

3.836

Balance Sheet Highlights
Financial Highlights Verity Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 165,154 213,761
Total Net Loans 112,809 127,251
Total Deposits 144,071 185,395
Total Equity 20,648 21,374
Profitability
Net Income 293 410
Return on Average Assets .721 .678
Return on Average Equity 5.74 6.683
Net Interest Margin 3.836 3.851
Efficiency Ratio 70.429 77.567
Noninterest Income/Revenue 3.571 16.067
Balance Sheet Ratios
Loan-to-Deposit 78.301 67.958
Securities/Assets .154 .185
Total Equity/Total Assets .125 .1
Tangible Equity/Tangible Assets .12 .099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 20,480 20,838
Tier 2 Capital 1,477 1,673
Total Capital 21,957 22,574
Total Risk Weighted Assets 117,894 139,300
Leverage Ratio 12.62 10.051
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 17.37 15.927
Total Capital Ratio 18.62 17.135

Timeline for Verity Bank

Community & Southern Bank

Verity Bank was acquired by Community & Southern Bank 9 years

View Profile Jun 24 2014

Community & Southern Holdings, Inc.

Community & Southern Holdings, Inc. became a new parent organization for Verity Bank.

View Profile Apr 17 2014

Verity Bank

Verity Bank was established 15 years ago and is currently headquartered in Winder, GA.

Oct 27 2008

Verity Capital Group, Inc.

Verity Capital Group, Inc. became a new parent organization for Verity Bank.

View Profile Oct 27 2008
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Community & Southern Bank Buyer 3,948,965 Pooling of Interests Discontinued 6/24/2014
Relationships Role Relationship Start Relationship End
Community & Southern Holdings, Inc. Parent 4/17/2014 6/23/2014
Verity Capital Group, Inc. Parent 10/27/2008 4/16/2014
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