# COMMUNITY BANK OF THE SOUTH
SMYRNA, GA · FDIC certificate 35036 · asset band $300M-1B · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $377.5M | |
| Deposits | $332.7M | |
| Loans and leases | $302.0M | |
| Total equity | $38.7M | |
| Loans / deposits | 89.29% (p66 of band) | 82.54% |
| Liquid assets / assets | 18.55% (p29 of band) | |
| Uninsured deposits / deposits | 15.61% (p30 of band) | 20.09% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.32% (p22 of band) | |
| FHLB advances / assets | 1.32% | |
| Tier 1 leverage | 10.20% (p52 of band) | 10.14% |
| Unrealized securities loss / equity | 1.17% (p42 of band) | 1.64% |
| AOCI / equity | 0.50% (p44 of band) | |
| ROA (annualized) | 1.94% (p93 of band) | 0.90% |
| Net interest margin | 4.04% (p78 of band) | 3.59% |
| Efficiency ratio | 53.29% (p12 of band) | |
| Noncurrent loans | 1.35% (p76 of band) | 0.70% |
| Net charge-offs (annualized) | 0.00% (p32 of band) | |
| Reserve coverage of noncurrent | 120.91% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 126.04% (p95 of band) | |
| Auto loans | $638,000 (0.21% of loans; DQ 3.92%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 3.0% | |
| Employees | 64 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | leverage <7%, construction >100% equity |  |
| 2011-06 | 3 | reserve under noncurrent |  |
| 2011-09 | 2 |  | reserve under noncurrent |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | uninsured deposits leaving |  |
| 2012-06 | 4 | losing money, expense ratio p90 | uninsured deposits leaving |
| 2012-09 | 6 | capital falling, reserve under noncurrent |  |
| 2012-12 | 4 |  | expense ratio p90, capital falling |
| 2013-03 | 3 |  | losing money |
| 2013-06 | 2 |  | reserve under noncurrent |
| 2013-09 | 2 |  |  |
| 2013-12 | 1 |  | leverage <7% |
| 2014-03 | 3 | charge-offs p90, deposits shrinking |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 2 |  | deposits shrinking |
| 2014-12 | 3 | deposits shrinking |  |
| 2015-03 | 1 |  | charge-offs p90, deposits shrinking |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2013-09-10 [Cobb’s Financial Institutions - Marietta.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9MMTRJbWdlSnY5aDI5dnpfM0twN0t5WXRrLVFmVElWM0E1cTZmcWcyN25lbEpVUE9KbFRqWGx6blhRT1pkdWxzVXh1WlRWa05xR29DZGxhSFpnMERpa1h4Ti0tdw?oc=5) · Marietta.com
- 2014-06-28 [Unofficial Problem Bank list declines to 468 Institutions, Q2 2014 Transition Matrix - Calculated Risk](https://news.google.com/rss/articles/CBMikgFBVV95cUxOSUFUUFMzT2JPM0xhYkZjbU94c2U3RTRROU1pcEtFNUZXS0dxTmtSTldvbnRqRGFoeHVUOW9sbnRocmdfOWVRX3VDNExTc2JTNDRZTWJURU16SmVESHlNQnNPV2FJaXZQVERjVldCOUJETE8tRmxtMVAxZ1p5VDhqLXROZkRNdzJQbmY2VUJjX3gtUQ?oc=5) · Calculated Risk
- 2015-12-03 [Charter Financial Corporation Announces Agreement to Acquire CBS Financial Corporation - GlobeNewswire](https://news.google.com/rss/articles/CBMi9wFBVV95cUxNNkJVamJTaFN2YzdtMFNXSGg3LWhLdExwdXdCYVBibGZLQTJDRmp4OEFENUNidlJnck1OM05TODlkSVMxRkxwWU5RMm5xbVBCVUJNRUZQNnViRTd3czlmYlgzUFJWYWdVbDBCcmlJaldyWjhza1dnVlYyaDdQQlFyUVNBcnN2blVOSU1ZQWhtdE80OXpTVGlJUndIQWhCMG94VF9QVW9oZTBSc2sxZ2IxSXV1V19NeUVEbWtUNmFzcDhDcW1ueEU1bnIzeWhzd1Y2OExvcXFKdmsxUm9qSnFGNUVOeDdjdU5uWExVZXpNNEtmTEpUdWdz?oc=5) · GlobeNewswire
- 2010-11-21 [Bill Alexander Obituary (2010) - Smyrna, GA - Atlanta Journal-Constitution - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPdFNuM2g3WGJzZlV3ZHN4T0hFS1hOaGlmVGdxcGdqSnplWU52VmFvb1BGVVdiM3ZuWDlLcHRHR3JJVlpmYS05eTFWMUNRbDFRMU50ODI5ZjBBZzVSWW50VlgtSnBMLWx3cER1R0VHV0preTVYXzFvZl96dUMwTUwzaVBuWGtMNURIYkI0RV9B?oc=5) · legacy.com
- 2014-03-21 [Atlanta's top 100 leaders in finance - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQbHhENzV6YjVqQ01UNktVRTVUTDlzcE5zUlFUeVNET2RBTV80QjVnLTRHamFVTkgzakxnQmVvTURuUFQ0c2tKa0QyMzdOUTlrX3NEdE1SLUtSZmM4UzA3MTBnV3U4RFA3NHBSeTBNelhnSEJmTnFBZmpsS05TMWNyRml0YUFRMmVHczlGNkI4VVVsMjRPNVZQZ2VHNUZNMzkxbFdxcw?oc=5) · The Business Journals
- 2009-09-01 [Report: Net Worth of Your Politicians - Florida Trend](https://news.google.com/rss/articles/CBMihgFBVV95cUxQZkZqeXV2ZnZoVFQwUmtmRld3Wm9hVXdfQWxZZkZhb0Rqc3h6cmVsVVU0T1FoazFhSFdIakZMWU5vVTJXQUFIZlR5M2NKR0g2WEI5LW1ndjh2WmdUeG9PYV9ZS3NaR3ZHWF9CNjJfRVhTNFVhRE9EeDhEZUF5cHNGN01td1VRdw?oc=5) · Florida Trend
- 2014-05-11 [Biography lauds famed coach, businessman, philanthropist - Florida Today](https://news.google.com/rss/articles/CBMivAFBVV95cUxObURyU3B1TVVFQ3gxOUVPekxJbklYQ3Y0d3hxcTU2NXNLYnJOTGNhMlBVQzZMNEhvbGh6cGVFQkVaSXh3UEdJMkxKdVVGT0ZtUUZEU2VvN3RGNTVOMGpnUjZ1ejE5M2tQbFp3bENIODVhNF9zdzVQWVBUMHpMb3BLaE1mTTQ0N0owa25QNHdGNVFrS2p1UVF6Z2F1Y0ZHYkxsc0F6VmhyWV9sNDVuQjZOMlpQZUZGc2REUExwWQ?oc=5) · Florida Today
- 2025-03-28 [Randy Garrett Obituary (2025) - Marietta, GA - Marietta Daily Journal - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOMVVTS1AtRFZhaHE5SHktV0NuUzQ5MTdxdE0tSGthZHdlRS1Qa2R0REk1SU9uNDVnTTNsakN6VmdHYjZHeHhSMUxXTjVxancxcEotSjBybF9GNWg0NEU1UnpLQWRxZFdLYnVzS19WNS02czdRT2pUczg3T0dnRFBpS3VaOWZmTzFlWVFZUTNEMA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35036 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/28.json (key "35036", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide