Community South Bank
Parsons, TN · Owner: Tennessee CNTL Bancshares Inc
$387M
total assets, June 30, 2013
$387M
total assets, June 30, 2013
Community South Bank was a state nonmember bank in Parsons, TN, owned by Tennessee CNTL Bancshares Inc. It failed on Aug 23, 2013, and CB&S Bank, Inc. took over its deposits. At its last report it held $386.9 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2013
This bank failed
- Failed on
- Aug 23, 2013
- Assets
- $387M
- Deposits
- $378M
- Estimated cost
- $130M
- Deposits went to
- CB&S Bank, Inc., Russellville, AL
Total assets
$387M
-22.2% in a year · -2.2% in a quarter
Deposits
$378M
-18.6% in a year · -1.4% in a quarter
Loans
$267M
-27.7% in a year · -8.9% in a quarter
Profit so far
-$5.9M
Jan 1 to Jun 30, 2013
Capital ratio
0.56%
-2.70 pts in a year
Return on assets
-2.99%
-2.64 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 51 West Main Street, Parsons, TN, 38363
- County
- Decatur
- Holding company
- Tennessee CNTL Bancshares Inc
- Established
- Aug 31, 1968
- Failed
- Aug 23, 2013
- Employees
- 125
- Branches
- 13
- Id
- b19849
Quarter by quarter
March 31, 1984 to June 30, 2013
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Community South Bank?
$386.9 million in total assets and $377.7 million in deposits as of June 30, 2013, with assets down 22.2% from a year before. Its loans were $266.8 million.
How many branches does Community South Bank have?
13 branches in Tennessee as of June 30, 2026.
Is Community South Bank profitable?
No: it lost $5.94 million from January 1 to June 30, 2013. Its return on assets was -2.99% a year; about 1% is typical.
Who owns Community South Bank?
Community South Bank is owned by Tennessee CNTL Bancshares Inc, its holding company.
When did Community South Bank fail?
Aug 23, 2013. CB&S Bank, Inc. of Russellville, AL took over its deposits. The estimated cost of the failure was $129.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.