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Newnan Coweta Bancshares Inc
145 Millard Farmer Industrial Blvd.
Phone: (770) 683-6222p:770 683-6222 Newman, GA  30263  United States

On 5/15/2014, the U.S. Securities and Exchange Commission revoked the registration of each class of registered securities of Newnan Coweta Bancshares Inc. for failure to make required periodic filings with the Commission.
This company is no longer actively traded on any major stock exchange.

Business Summary
Newnan Coweta Bancshares, Inc. is a bank holding company. The Company's subsidiary, Neighborhood Community Bank (the Bank), was engaged in attracting deposits from the general public and, with these and other funds, originating real estate loans, consumer loans, business loans, and residential and commercial construction loans. Funds not invested in the loan portfolio were invested by the Bank primarily in obligations of the United States Government. In June 2009, Charter Financial Corp. announced that its wholly owned subsidiary, CharterBank, has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase the assets and assume the deposit liabilities of Neighborhood Community Bank. The Georgia Department of Banking and Finance declared Neighborhood Community Bank closed and appointed the FDIC as receiver. The FDIC then assigned the assets and deposit liabilities of Neighborhood Community Bank to CharterBank under a loss sharing agreement.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/200812/31/2007YesYes--Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Interim Chief Executive Officer of the Company and the Bank Bryan F.Bell 66 2/12/2009 2/12/2009
Senior Vice President, Secretary of the Company and the Bank Karen P.Duffey 45 1/1/2003 1/1/2000
Director Joe S.Crain 46 1/1/2001 1/1/2001
4 additional Officers and Directors records available in full report.

Business Names
Business Name
NCB Statutory Trust I
Neighborhood Community Bank
Neighborhood Community Bank
NEWNAN COWETA BANCSHARES INC
Newnan Coweta Bancshares Inc(NDA)
Newnan Coweta Bancshares. Inc.

General Information
Number of Employees: 61 (As of 12/31/2007)
Outstanding Shares: 1,006,070 (As of 9/30/2008)
Shareholders: 621
Stock Exchange: OTC
Federal Tax Id: 582655471


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Saturday, July 22, 2023