<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>5
<FILENAME>g68584ex21.txt
<DESCRIPTION>SUBSIDIARIES OF THE REGISTRANT
<TEXT>

<PAGE>   1


                                                                      EXHIBIT 21


EXHIBIT 21 - SUBSIDIARIES OF THE REGISTRANT

<TABLE>
<CAPTION>
Subsidiaries - Direct/wholly-owned                                                      State of Incorporation
                                                                                        ----------------------
<S>                                                                                     <C>
Community Bank                                                                                   Alabama
Community (AL) Capital Trust I                                                                   Delaware

Subsidiaries - Indirect/wholly-owned by Community Bank

Community Appraisals, Inc.                                                                       Alabama
1st Community Credit Corporation                                                                 Alabama
Community Insurance Corp.                                                                        Alabama

Subsidiaries - Indirect/wholly-owned by Community Insurance Corp.

Southern Select Insurance, Inc.                                                                  Alabama
</TABLE>


</TEXT>
</DOCUMENT>