Community Capital Bancshares Inc. (ALBY)

[Ichauway]

ALBY moving on up !

[genlou]

NEW YORK, March 3, 2015 /PRNewswire/ -- OTC Markets Group Inc. (otcqx:OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Community Capital Bancshares, Inc. (otcqx:ALBY), the holding company for AB&T National Bank in Albany, GA, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.

Logo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO

Community Capital Bancshares begins trading today on OTCQX under the symbol "ALBY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We are thrilled to welcome Community Capital Bancshares to our best marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide Community Capital Bancshares' shareholders transparent trading and convenient access to its news and financial disclosure so they can more easily analyze, value and trade its securities. We look forward to supporting the company as it continues to grow and enhance shareholder value on OTCQX."

"We are very proud of what we have accomplished at AB&T and are pleased to be trading on OTCQX. The greater visibility for our shares will enhance our communication with the investor community and provide greater liquidity. As we continue to move towards our vision of being the Gold Standard of community banking, we look forward to being able to share our progress with the investing public," said James L. (Luke) Flatt, President and CEO of Community Capital Bancshares, Inc.

FIG Partners LLC serves as Community Capital Bancshares' Corporate Broker on OTCQX.

Community Capital Bancshares is a bank holding company whose principal activity is the ownership and management of its wholly-owned bank subsidiary, AB&T National Bank. AB&T National Bank's main office is located in Albany, Dougherty County, Georgia, with additional full service branches in Albany and Leesburg, Georgia. The bank provides a full range of banking services to individual and corporate customers in its primary market areas of Dougherty and Lee County, Georgia.

[genlou]

56Chevy,

NEW YORK, March 3, 2015 /PRNewswire/ -- OTC Markets Group Inc. (otcqx:OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Community Capital Bancshares, Inc. (otcqx:ALBY), the holding company for AB&T National Bank in Albany, GA, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.

Logo - http://photos.prnewswire.com/prnh/20110118/MM31963LOGO

Community Capital Bancshares begins trading today on OTCQX under the symbol "ALBY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We are thrilled to welcome Community Capital Bancshares to our best marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide Community Capital Bancshares' shareholders transparent trading and convenient access to its news and financial disclosure so they can more easily analyze, value and trade its securities. We look forward to supporting the company as it continues to grow and enhance shareholder value on OTCQX."

"We are very proud of what we have accomplished at AB&T and are pleased to be trading on OTCQX. The greater visibility for our shares will enhance our communication with the investor community and provide greater liquidity. As we continue to move towards our vision of being the Gold Standard of community banking, we look forward to being able to share our progress with the investing public," said James L. (Luke) Flatt, President and CEO of Community Capital Bancshares, Inc.

FIG Partners LLC serves as Community Capital Bancshares' Corporate Broker on OTCQX.

Community Capital Bancshares is a bank holding company whose principal activity is the ownership and management of its wholly-owned bank subsidiary, AB&T National Bank. AB&T National Bank's main office is located in Albany, Dougherty County, Georgia, with additional full service branches in Albany and Leesburg, Georgia. The bank provides a full range of banking services to individual and corporate customers in its primary market areas of Dougherty and Lee County, Georgia.

[genlou]

Good news ALBY continue to add more filing on the otcbb.

[genlou]

56Chevy, ALBY has filed both the 2012 and 2013 annual reports on January 30, 2015.I believe that is a good sign.Maybe, the annual report for 2014 will be filed soon.

[genlou]

Ichauway, the call report is available.ALBY was profitable last quarter.

[Ichauway]

Very nice!!!

[genlou]

New high for the year.

[genlou]

free bee, I still own ALBY.Will you PM me.

[Ichauway]

I like it !

[genlou]

56chevy, thank you and thanks for all your help.Thanks for the information you provided on ABLY.

[56Chevy]

You sent me this last year genlou;

56Chevy.Do you like ALBY?I purchased some shares today at .55.

Did you know that the average Hedge Fund Is Down -1% YTD??...based on that I'd say you're doing fantastic!

This banks story hasn't changed...there's a good chance you'll see another double in 2015.

There isn't a hedge fund on the planet that wouldn't take your 2014 results over theirs!

Well done! I'd say good luck but luck doesn't have anything to do with it when you buy the right banks.

http://www.zerohedge.com/news/2014-11-21/average-hedge-fund-down-1-november-19-and-redemption-requests-are-now-flooding

*ps...considering all the consolidation happening in the banking industry you're well positioned if this bank gets acquired.

Marker:
Community Capital Ba (ALBY)
$0.96 up 0.06 (6.67%)
Volume: 3,000

[genlou]

56Chevy, ALBY is slowly moving up.Yearly high today .96.

[ArtieB]

Looking like an impending technical breakout.

VC

[Enterprising Investor]

ALBY income looks like ATBA:

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=80%2c75%2c76%2c72%2c67&rptid=283&idrssd=2775151&peerGroupType=&supplemental=

[Enterprising Investor]

2014 YTD Net Income is $626K.

Tax benefits account for $300K.

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=79%2c78%2c76%2c75%2c74&rptid=283&idrssd=2775151&peerGroupType=&supplemental=

[genlou]

56Chevy,

ALBY earnings are available on that FDIC site.

[56Chevy]

ALBY turned the corner in 2013 on positive earnings after a 4 year losing streak.

The positive earnings' streak continues.

The banks' retained earnings in Q1 of 2014 is $307K. How does that compare to last years' Q1? It was $109K...which means the bank had a 281% increase in earnings Q1 over Q1.

When you consider this low interest rate environment banks around the country are having to pinch out a living in ..I think ALBY did excellent.

I'm encouraged.

I was just telling a friend not 10 minutes ago (before I looked up the latest financial report) I didn't like the $4MM in Trust Preferred debt the holding company has...and I still don't like it...but their progress on the earnings front is gaining some momentum now ...and I like the trend we're seeing.

All info here was taken from the most recent FFIEC UBPR report;

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=78%2c73%2c76%2c72%2c67&rptid=283&idrssd=2775151&peerGroupType=&supplemental=

Marker:
Community Capital Bancshares, (ALBY)
$ 0.70 0.00 (0.00%)
Volume: 0

[free_bee]

Someone bought a single share @90 cents. Must be knowing something.

[Ichauway]

Thank you for reporting on the board.

[56Chevy]

FYI- New Information re: the Preferred shares at the BHC level.

The first email is from me and the second is Mr. Flatt's response.

==================

Thank you ever so much for taking the time to call me today Luke.

I wrote down the outstanding share count numbers you gave me on the 2 issues of preferred stock ( A & B) at the bank level but missed the number of shares on that one issue of Preferred at the BHC level.

Best guess numbers will work Luke if you don’t have them right in front of you ;)

Here’s what I have in my notes:

Common shares outstanding are: 3.140M

Issue A Preferred at the bank has 393,631 outstanding and will convert 1 for 1 to common on 12/31/2014.

Issue B Preferred at the bank has 563,062 outstanding and will convert 1 for 4 to common on 12/31./2014.

Issue “X” at the BHC level has____________ share outstanding?

Will those convert at some point?... and if so at what rate?

I can’t thank you and your team enough Sir…you’ve been a great help!

Most Sincerely…and have a great Valentine’s Day!
MK

======================

Mike, there are no more shares or classes of preferred or common. I was referring to a $4million debt instrument at the holding company level that’s known in the industry as a “trust-preferred” security. It has a maturity in 2035. It is not equity capital and has no voting characteristics. It’s strictly debt.

All else looks to be substantially correct.

Have a good weekend.

Luke

[56Chevy]

OK we have some news on share structure (ss).

I spoke with Mr. Luke Flatt on the phone today who is President and CEO of ALBY. Good guy and very open to speak with if you ever need to call him btw.

I asked Luke what the outstanding share count was and this is where we stand:

Common shares outstanding today is: 3,140,000 which is great ...however we do have 3 other issues of Preferred shares as well.

There are 2 issues of Preferred at the bank level and one at the BHC level.

Issue A has 393,631 shares outstanding and those will convert 1 for 1 to common shares at the end of the year 12/31/2014.

Issue B has 563,062 shares outstanding and those will convert 1 for 4 to common also at the end of the year 12/31/2014.

There is also 1 issue of preferred at the BHC level but we got to chatting about something else and I forgot get those details. I sent Mr. Flatt an email and I should have that info soon.

I think its fair to say we're looking at having just under 7 million shares outstanding by years end 10 months from now.

Shareholder Equity according to the UBPR report at the end of 2013 was $10.947MM

*I personally rate this news 70 / 30.. 70 is good and 30 not so fun. Dilution is still a ways off but coming ....however the bank has turned the corner of profittability...they have approx $16MM in NOL's... with approx $7.5MM in deferred tax assets to deploy...which means ALBY won't be paying any taxes for quite a while ...which will help our bottom line very nicely.

I'm in!

[bacc]

Thanks chevy, everything u do is much appreciated, thanks for the post

[56Chevy]

ALBY turned the corner in 2013 on positive earnings after a 4 year losing streak.

Net Income for 2013: $546K
Net Income for 2012: -$373K
Net Income for 2011: -$639K
Net Income for 2010: -$1.983M
Net Income for 2009: -$5.344M

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=76%2c72%2c67%2c63%2c58&rptid=283&idrssd=2775151&peerGroupType=&supplemental=

*I will be contacting the bank to get the latest share structure.

Marker:
Community Capital Ba (ALBY)
$0.75 down -0.02 (-2.60%)
Volume: 3,368 (Mid-day numbers)

[Ichauway]

Float Not Available
Authorized Shares Not Available

Anyone been able to find these numbers?

[BigCat]

Nice gain!

Quick flippin' it!!!

45K on the bid today...

[xrymd]

I sold 9420 shares at .66 around 2pm FWIW

[BigCat]

Some nice action here today!

[Ichauway]

I had bids in @ .25 the day it dropped to .27

[free_bee]

Income (loss) before extraordinary items and other adjustments (item 8 minus item 9)...page 5 -line # 10 - Says it's 546K of net income.

https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idType=fdiccert&id=35029&date=12312013

[Ichauway]

Are insiders not playing it? Or don't have to report in this price range?

http://openinsider.com/search?q=alby

[xrymd]

10,000 share starter position at .40 bought last week. GLTA

[genlou]

56Chevy, nice information.

[SaltyMutt]

ALBY appears to be one all of us should consider. They do have quite a bit going for them on the plus side of the ledger.

[56Chevy]

AB&T National Bank

FDIC Certificate #: 35029
Status: Active
Federal Reserve ID: 2775151
Bank Holding Company (Regulatory Top Holder): Community Capital Bancshares, Inc. (RSSDID: 2775142, Location: Albany, GA)
Date Established: April 28, 1999
WWW: http://www.abtgold.com

[56Chevy]

Line item------------Sept. 30, 2012-------------Sept. 30, 2013

Assets----------------$126,370,000----------------$130,924,000

Deposits--------------$103,210,000---------------$112,861,000

Loans--------------------$93,503,000-----------------$93,090,000

Loan loss provision-------$250,000------------------------$2,000

Profit-------------------------$-284,000---------------------$388,000

Capital-------------------$10,593,000------------------$10,911,000

Reserves------------------$1,875,000-------------------$1,556,000

Loans past due---------------------$0-------------------------------$0

Non-accruing loans------$6,610,000---------------------$398,000

OREO-----------------------$1,051,000-------------------$1,384,000

Capital plus reserves---$12,468,000-----------------$12,467,000

Total troubled assets-----$7,661,000------------------$1,782,000

http://banktracker.investigativereportingworkshop.org/banks/georgia/albany/abt-national-bank/

*Assets, Deposits and Profits are all growing and troubled assets have been shrunk down to a very managable level! All are fantastic trends going forward!

Marker:

Community Capital Ba (ALBY)
0.35 down -0.13 (-27.08%)
Volume: 20,963

[genlou]

56Chevy,I have been using the site below to obtain the earnings reports for various banks.The problem is when a bank releases its earnings.the earnings are different from those provided on that site.

So,will you let me know how much ALBY made last quarter.

http://www2.fdic.gov/idasp/report_BHC.asp?inSortIndex=0&inCert1=3019339.

Today,I am going to work on learning how to use the site you provided.

I still like CSBQ also.

[56Chevy]

From what I've seen so far - yes I do. I need to dig a little deeper into current financials but I'm very impressed with the fact that the bank was able to heal itself well enough to be released from a Formal Agreement with the OCC back in 2010. In 2009 & 2010 many banks were just entering those dark days of strict Agreements and Consent Orders, Cease & Desist Orders/etc/etc but Community Capital Bancshares was just exiting. And they didn't take TARP. All of these things took exceptional management to accomplish!

It hasn't been a bed of roses for the bank since the financial crisis hit and its been a struggle every day since but they're making a modest profit now and should be well on their way to building on that momentum.

I don't think you'll be sorry with your purchase - Good job and good luck ;)


News Release
FOR IMMEDIATE RELEASE
December 21, 2010

Community Capital Bancshares and AB&T National Bank Announcement

Albany, GA – As everyone has seen, the past few years have been extremely difficult for the banking industry. Big and small alike have all had their share of problems. As the list of problem banks continues to swell, and as it seems every Friday brings the announcement of another bank closure, a community bank based in Albany, Georgia is bucking that trend.

AB&T National Bank (“AB&T”) recently announced that the formal agreement with the Office of the Comptroller of the Currency, under which the bank has been operating since July 2006, has
been terminated. The termination of this agreement releases the bank from the scrutiny of the regulators and in the current business environment represents the exception, rather than the rule. The termination means several things to the bank and its customers:

1 This action indicates that policies, activities and actions of AB&T represent safe and sound bank operations.
2 After more than four years of intense regulatory oversight, the health of the bank has improved to the point that the bank can once again operate without special regulatory oversight.
3 Even though these are difficult economic times for business in general, and especially for banks, AB&T has demonstrated the discipline and skill necessary to reverse its direction, build
capital, improve loan quality and put into place a business strategy that can produce positive results.

Luke Flatt, President and CEO, said “this significant accomplishment was made possible by the commitment of very dedicated staff and board of directors, loyal customers and, to a large extent, local investors who stepped forward and demonstrated their belief that Albany needs and deserves
a true ”community bank.”"

The Chairman of the Board, David Campbell commented that “we are very proud that AB&T did not accept a single penny of TARP money. Our recapitalization occurred because local investors
truly believe that AB&T is not an ordinary bank, but rather an extraordinary bank and that because of our commitment to community and exceptional customer service, this bank will succeed.”

“It is a new day at AB&T,” stated Luke Flatt. “We continue to assemble a team of the best in the business in order to delight our customers and please our shareholders and we are looking toward the future with enthusiasm and confidence. I am very proud of all our associates who have persevered and who have continually demonstrated their commitment to the realization of our vision of becoming the gold standard of community banking.”
AB&T National Bank opened its doors in 1999 as Albany Bank & Trust, focused on providing customers with local decision-making and exceptional quality service. It is a member of the FDIC
and is an Equal Housing Lender. For more information, visit www.abtgold.com.

http://www.abtgold.com/home/fiFiles/static/documents/FAReleaseOCC.pdf

[genlou]

56Chevy.Do you like ALBY?I purchased some shares today at .55.

[genlou]

Salty,AB&T NATIONAL BANK was profitable last quarter.I guess that means Community Capital Bancshares Inc. was profitable.I used AB&T NATIONAL BANK
FDIC certificate number to look that bank up.

[56Chevy]

http://banktracker.investigativereportingworkshop.org/banks/georgia/albany/abt-national-bank/

No TARP owed.

[Ichauway]

Indeed, they may be. I remember when this was in the $14.00 range. I have some cheap shares tucked away.

[genlou]

.40 a share may be a thing of the pass.

[Ichauway]

Looks like $139.4k traded in the last 3 days. High dollar volume for this ticker.

[genlou]

ALBY has being moving up and down lately. Today's high .78.I believe the low yesterday was .40 or the day before.

[Ichauway]

Thank you.

[genlou]

AB&T NATIONAL BANK
[[print]]
RSSD ID 2775151 | CERTIFICATE 35029 | ABA NUMBER 61219694
2815 Meredyth Drive Quarter Ended : 2013-03-31
Albany, Georgia, 31708 Updated : 2013-04-29
www.abtgold.com
Holding Company (RSSDID 2775142) : Community Capital Bancshares, Inc.

Institution Profile
Year Opened : 1999 Institution Type : Commercial bank
Entity Type : Federal Federal Regulator : OCC
Member Federal Reserve : Yes S-Corp : No
Fiduciary Powers : Yes Powers Exercised : Yes
Specialization : Commercial Lending Specialization
Statistical Area (MSA) : Albany, GA
Interstate Branches : No Foreign Offices : No
Number of Offices : 4 Number of Employees : 45

Financial Reports
RC - Balance Sheet Report
RI - Income Statement Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
(USD, in thousands)
Income Statement
(USD, in thousands, ytd)
Total Assets 130,626
Total Interest Income 1,196
Total Liabilities 119,764
Total NonInterest Income 298
Total Bank Equity Capital 10,862
Total Interest Expense 100
Total Deposits 108,501
Total NonInterest Expense 1,284
Net Loans & Leases 93,115
Net Income 109
Loan Loss Allowance 1,726
Net Charge Offs 63



Regulatory Capital
Quarterly Averages
(USD, in thousands)
Total risk based capital 11,816
Total loans 91,891
Total assets for leverage capital purposes 125,007
Loans secured by real estate: 70,705
Tier 1 Leverage Ratio 8.5
Commercial and industrial loans 9,726
Tier 1 Risk-based Capital Ratio 11.19
Loans to individuals - Credit Cards 0
Total Risk-based Capital Ratio 12.45
Loans to individuals - Other 4,639

[SaltyMutt]

Community Capital Bancshares, Inc.

Community Capital Bancshares, Inc. (Community Capital or the Company) is a bank holding company headquartered in Albany, Georgia and is registered under the Bank Holding Company Act of 1956, as amended. Community Capital was incorporated under the laws of the State of Georgia on August 19, 1998 and is the sole shareholder of Albany Bank & Trust, N.A. and AB&T National Bank. Community Capital common stock is quoted on the Nasdaq Small Cap market under the symbol ALBY. Community Capitals principal business is the ownership and management of its subsidiary banks. Community Capital was organized to facilitate its subsidiary banks ability to serve their customers requirements for financial services. The holding company structure provides flexibility for expansion of Community Capitals banking business through the acquisition of other financial institutions and the provision of additional capital to these subsidiaries.

[Ichauway]

I got a few shares Friday.

[Ichauway]

Looks like reloading time is getting close.