Community Bank of Pitkins County Jasper Georgia

 

Don’t worry, this savvy member of the FDIC has it figured out, your money is safe with him keeping an eye on it

Community Bank of Pitkins County Georgia was founded in 2000.   The company is on the problem bank list.  That might explain the Texas ratio of 135%.

Assets are $290MM with equity of $20MM.

Take a look, they have $33MM in problem loans.

I don’t know about you, but this place looks bankrupt.

This bank needs to shut down.

Not only do they make a lot of bad loans, they are adept at losing money.

Take a look at the website, they have some attractive vacant lots for sale.

One might ask, who in their right mind finances vacant lots?

Well, John Trammell the CEO appears to have an affinity for them.

This is they guy who ran this place into the ground.

Do you have money here, it is secured by vacant lots.

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