Appalachian Community Bank

829 Industrial Boulevard
Ellijay, GA 30540

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33989
Date Established 1995
Assets $1.01 billion
Loans $0.64 billion
Deposits $0.92 billion
Capital $0.02 billion

Appalachian Community Bank is an FDIC insured institution located in Ellijay, GA. It was founded in 1995 and has approximately $1.01 billion in assets.

Appalachian Community Bank, Ellijay, Georgia, was closed March 19, 2010 by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Community & Southern Bank, Carrollton, Georgia, to assume all of the deposits of Appalachian Community Bank.

For a more detailed analysis of Appalachian Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Appalachian Community Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Appalachian Community Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Appalachian Community Bank, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Appalachian Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.761% 3.750% -0.13 $335 $1,158 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Appalachian Community Bank
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Branches

Appalachian Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Appalachian Community Bank Locations

Financial Details

Appalachian Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Appalachian Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Appalachian Community Bank U.S. Bank Average
241.45% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Appalachian Community Bank had $100,755,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $17,967,000 in equity and $23,763,000 in loans loss reserves. That gives it a Texas Ratio of 241.45%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Appalachian Community Bank U.S. Bank Average
-129.42% 8.58

Appalachian Community Bank has a Return on Equity of -129.42% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Appalachian Community Bank U.S. Bank Average
1.78% 12.11

Appalachian Community Bank has a Capitalization of 1.78% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Appalachian Community Bank Balance Sheet Analysis

As of November 30, -0001, Appalachian Community Bank had assets of $1,010,075,000, loans of $639,585,000, and deposits of $917,575,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Appalachian Community Bank

Branches and Savings

Is Appalachian Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33989.

Why does Appalachian Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Appalachian Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Appalachian Community Bank a commercial bank?

Yes

Where are Appalachian Community Bank locations?

See branch locations nearby.

Is Appalachian Community Bank open on Saturdays?

Is Appalachian Community Bank open on Sundays?

What time does Appalachian Community Bank open?

What time does Appalachian Community Bank close?

Are Appalachian Community Bank ATMs Open 24/7?

Do Appalachian Community Bank ATMs accept cash deposits?

Can Appalachian Community Bank customers use other ATMs?

Do Appalachian Community Bank branches have notaries?

Will Appalachian Community Bank notarize my document?

What address for Appalachian Community Bank should I put for incoming ACH transfers?

Will the Appalachian Community Bank branch print checks?

Do Appalachian Community Bank checks expire?

Does Appalachian Community Bank require US citizenship to open account?

Can Appalachian Community Bank close my account?

Does Appalachian Community Bank Report to credit bureaus?

Does Appalachian Community Bank Use Equifax?

What is Appalachian Community Bank's ACH Routing Number?

What is Appalachian Community Bank's SWIFT code?

Products

Does Appalachian Community Bank offer mortgages?

Compare mortgage rates here.

Does Appalachian Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Appalachian Community Bank offer personal loans?

Compare personal loan rates here.

Does Appalachian Community Bank offer student loans?

Will Appalachian Community Bank cash a check?

Will Appalachian Community Bank redeem a savings bond?

Does Appalachian Community Bank cash savings bonds?

Will Appalachian Community Bank cash money orders?

Can Appalachian Community Bank issue a money order?

Does Appalachian Community Bank do currency exchange?

Background on The Bank

Who owns Appalachian Community Bank?

How long has Appalachian Community Bank been around?

Can Appalachian Community Bank transfer to other banks?

Does Appalachian Community Bank have quick pay?

Does Appalachian Community Bank accept rolled coins?

Will Appalachian Community Bank accept loose change?

Where is Appalachian Community Bank headquarters?

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