Community Capital Bancshares Inc. (ALBY)

[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