Community Capital Bancshares Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016
Community Capital Bancshares Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net income of $185,000 compared to $97,000 a year ago. Net income attributable to the company was $185,000 or $0.12 per diluted share compared to $81,000 or $0.05 per diluted share a year ago. Return on average assets was 0.52% compared to 0.24% a year ago. Return on average common stockholders' equity was 4.97% compared to 2.25% a year ago.
For the nine months, the company reported net income of $427,000 compared to $250,000 a year ago. Net income attributable to the company was $427,000 or $0.09 per diluted share compared to $250,000 or $0.05 per diluted share a year ago. Return on average assets was 0.40% compared to 0.24% a year ago. Return on average common stockholders' equity was 3.86% compared to 2.33% a year ago.