| Business Summary | | Community
Capital
Bancshares
Inc.
serves
as
a
bank
holding
company
for
Albany
Bank
&
Trust,
N.A.
Albany
Bank
&
Trust
is
located
in
Albany,
Georgia,
and
its
primary
market
area
is
the
10-mile
radius
surrounding
its
main
office.
Albany
Bank
&
Trust
draws
a
majority
of
its
business
from
its
primary
market
area
that
includes
the
majority
of
Dougherty
County
and
the
southern
portion
of
Lee
County.
The
Company
offers
commercial
real
estate
loans,
construction
and
development,
and
residential
real
estate
loans;
as
well
as
a
wide
range
of
commercial
and
consumer
deposit
accounts,
including
checking
accounts,
money
market
accounts,
a
variety
of
certificates
of
deposit,
and
individual
retirement
accounts.
As
of
June
30,
2000,
the
total
deposits
within
Dougherty
County
held
by
Albany
Bank
&
Trust
was
approximately
$39.9
million.
As
of
December
31,
2000,
Albany
Bank
&
Trust's
total
deposits
were
$45.8
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ALBY
is
a
bank
holding
company
for
Albany
Bank
and
Trust
N.A.,
a
proposed
national
bank
offering
services
to
individuals
and
businesses
in
Dougherty
County,
GA.
For
the
six
months
ended
6/30/01,
interest
income
rose
70%
to
$2.7
million.
Net
interest
income
after
LLP
rose
49%
to
$1.1
million.
Net
income
totaled
$203
thousand,
up
from
$25
thousand.
Results
reflect
increased
loan
portfolio,
partially
offset
by
higher
interest
paid
on
deposits.
Earnings
reflect
higher
service
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Jones, III, 50 Chairman,
CEO | -- | Robert Lee, 48 Pres,
Director | $147K | David Baranko, 44 CFO | -- | Mary Dykes, 50 Director,
Sec. and Treasurer of Bob's Candies, Inc. | -- | David Guillebeau, 39 Exec.
VP and Sr. Loan Officer of Albany Bank | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|