Consolidated assets at September 30, 2008 reached $238 million, an proliferate of 12% since December 31, 2007. Total disgusting loans and sum up deposits grew 11% and 11 %, respectively, during the nine month days with bawdy loans totaling $197 million and deposits totaling $200 million at September 30, 2008. About Piedmont Community Bank Group, Inc.: Piedmont Community Bank Group, Inc. is the holding visitor for Piedmont Community Bank, a community bank headquartered in Gray, Georgia (the "Bank").
In putting together to its vital part in Gray, the Bank now operates four divide offices at the following locations: 1611 Bass Road and 4511 Forsyth Road, both in Macon, Georgia, 1040 Founders Row in Greensboro, Georgia and 76 E. Johnston Street in Forsyth, Georgia. Piedmont Community Bank Group"s workaday handle is traded in the over-the-counter vend under the badge "PCBN". The Bank"s primitive amenities bailiwick is Jones, Bibb, Baldwin, Putnam, Greene, Houston, and Monroe counties. Forward-Looking Statements Statements made in this stress release, other than those in reference to factual information, should be considered forward-looking and motive to various risks and uncertainties.
Such forward-looking statements are made based upon management"s doctrine as well as assumptions made by, and bumf currently within reach to, board pursuant to "safe harbor? provisions of the Private Securities Litigation Reform Act of 1995. Our existing results may distinct greatly from the results anticipated in forward-looking statements due to a order of factors, including governmental nummular and financial policies, set levels, accommodation demand, advance collateral values, securities portfolio values, enrol velocity endanger management, the possessions of meet in the banking calling from other commercial banks, thrifts, mortgage banking firms, consumer money companies, dependability unions, securities brokerage firms, protection companies, currency bazaar funds and other economic institutions operating in our make available field and elsewhere, including institutions operating through the Internet, changes in governmental required relating to the banking industry, including regulations relating to branching and acquisitions, dud of assumptions underlying the formation of reserves for allowance losses, including the value of collateral underlying defaulting loans, and other factors. We counsel that such factors are not exclusive.
We do not try to update any forward-looking allegation that may be made from period to era by, or on behalf of, us. Piedmont Community Bank Group, Inc.
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