SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB


[X]     QUARTERLY  REPORT  UNDER SECTION 13 AND 15(d) OF THE SECURITIES EXCHANGE
        ACT  OF  1934
        For  the  quarterly  period  ended  September  30,  2001
                                            --------------------

[ ]     TRANSITION  REPORT  UNDER  SECTION 13 OR 15(d) OF THE EXCHANGE ACT 1934
        For  the  transition  period  from  _______  to  _______


              Commission  File  Number:   000-25345
                                          ---------


                       COMMUNITY CAPITAL BANCSHARES, INC.
             (Exact name of registrant as specified in its charter)

         Georgia                                            58-2413468
         -------                                            ----------
(State or other jurisdiction of                          (IRS  Employer
 Incorporation or organization)                        Identification No.)

                    P.O. Drawer 71269, Albany, Georgia 31708
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (229) 446-2265
                                 --------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
     (Former  name, former address and former fiscal year, if changed since last
report)

     Indicate  by  check  mark  whether the registrant (1) has filed all reports
required  to  be  filed by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the  preceding  12  months  (or  for  such shorter period that the
registrant  was required to file such reports), and (2) has been subject to such
filing  requirements  for  the  past  90  days.
Yes  X   No
    ---      ---


                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of
common stock as of September 30, 2001:
     1,447,877  SHARES

Transitional  Small  Business  Disclosure  Format  (check  one):
Yes      No   X
    ---      ---


<PAGE>
PART I - FINANCIAL INFORMATION                          Page No.
                                                        --------
ITEM 1.   Financial Statements

     Consolidated balance sheets (unaudited)                   3

     Consolidated statements of operations (unaudited)         4

     Consolidated statements of comprehensive income
      (unaudited)                                              5

     Consolidated statements of cash flows (unaudited)         6

Item 2.   Management's discussion and analysis of
      financial condition and results of operations            8


PART II - OTHER INFORMATION

ITEM 2.   Changes in Securities and use of proceeds           11

ITEM 5.   Other Matters                                       11

ITEM 6.   Exhibits and reports on Form 8-K:                   11


<PAGE>
<TABLE>
<CAPTION>
                        COMMUNITY CAPITAL BANCSHARES, INC.  AND SUBSIDIARY
                             CONSOLIDATED BALANCE SHEETS  (UNAUDITED)
                                      (DOLLARS IN THOUSANDS)



ASSETS                                                    September 30, 2001    December 31, 2000
------                                                   --------------------  -------------------
<S>                                                      <C>                   <C>
Cash and due from banks                                  $             2,823   $            3,392
Federal funds sold                                                       - -                1,180
Securities available for sale                                         14,408               13,154
Loans                                                                 57,738               38,625
Less allowance for loan losses                                           615                  460
                                                         --------------------  -------------------
     Loans, net                                                       57,123               38,165
Premises and equipment                                                 2,639                2,676
Other assets                                                             786                  628
                                                         --------------------  -------------------
                                                         $            77,779   $           59,195
                                                         ====================  ===================
LIABILITIES AND SHAREHOLDERS' EQUITY
------------------------------------
Deposits:
     Non-interest bearing                                $             5,713   $            4,470
     Interest bearing                                                 54,727               41,325
                                                         --------------------  -------------------
          Total deposits                                              60,440               45,795
Other borrowings                                                       7,861                4,617
Other liabilities                                                        459                  243
                                                         --------------------  -------------------
     TOTAL LIABILITIES                                                68,760               50,655
                                                         --------------------  -------------------

Shareholders' equity:
Preferred Stock, par value not stated; 2,000,000 shares
      authorized; no shares issued                       $             -   -   $              - -
Common Stock, $1.00 par value, 10,000,000 shares
      authorized;  1,499,560 shares issued                             1,500                1,500
Capital surplus                                                        8,085                8,085
Accumulated deficit                                                     (477)                (865)
Accumulated other comprehensive income                                   268                   50
Less cost of treasury stock, 51,683 shares as of
September 30, 2001 and 34,490 shares as of
December 31, 2000                                                       (357)                (230)
                                                         --------------------  -------------------
       TOTAL SHAREHOLDERS' EQUITY                                      9,019                8,540
                                                         --------------------  -------------------
                                                         $            77,779   $           59,195
                                                         ====================  ===================
</TABLE>


See Notes to Consolidated Financial Statements


                                      -3-
<PAGE>
<TABLE>
<CAPTION>
                                    COMMUNITY CAPITAL BANCSHARES AND SUBSIDIARY
                                 CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
                                  (Dollars in thousands except earnings per share)

                                                           Three months ended               Nine months ended
                                                     --------------  --------------  --------------  --------------
                                                     September 30,   September 30,   September 30,   September 30,
                                                          2001            2000            2001            2000
                                                     --------------  --------------  --------------  --------------
<S>                                                  <C>             <C>             <C>             <C>
INTEREST INCOME
  Loans                                                       1,195             751           3,291           1,879
  Taxable securities                                            236             217             750             632
  Deposits in banks                                              27               5              63               7
  Federal funds sold                                             13              10              87              64
                                                     --------------  --------------  --------------  --------------
       TOTAL INTEREST INCOME                                  1,471             983           4,191           2,582
                                                     --------------  --------------  --------------  --------------
INTEREST EXPENSE
  Deposits                                                      644             458           1,940           1,209
  Other borrowed money                                           74              26             217              35
                                                     --------------  --------------  --------------  --------------
       TOTAL INTEREST EXPENSE                                   718             484           2,157           1,244
                                                     --------------  --------------  --------------  --------------
       NET INTEREST INCOME                                      753             499           2,034           1,338
  Provision for loan losses                                      98              35             271             129
                                                     --------------  --------------  --------------  --------------
       NET INTEREST INCOME AFTER PROVISION FOR LOAN
            LOSSES                                              655             464           1,763           1,209
                                                     --------------  --------------  --------------  --------------
OTHER INCOME
  Service charges on deposit accounts                            76              37             204              84
  Other service charges, commissions and fees                    78              54             305              67
                                                     --------------  --------------  --------------  --------------
       TOTAL OTHER INCOME                                       154              91             509             151
                                                     --------------  --------------  --------------  --------------
OTHER EXPENSES
  Salaries and employee benefits                                344             256           1,019             670
  Equipment and occupancy expense                                82              73             251             195
  Marketing expense                                              19              19              73              57
  Data processing expense                                        48              32             120              90
  Administrative expenses                                        93              61             265             146
  Loan expenses                                                   8               9              29              14
  Other operating expenses                                       30              28             127              85
                                                     --------------  --------------  --------------  --------------
       TOTAL OTHER EXPENSES                                     624             478           1,884           1,258
                                                     --------------  --------------  --------------  --------------
       INCOME BEFORE INCOME TAXES                               185              77             388             102
  Income tax expense                                              -               -               -               -
                                                     --------------  --------------  --------------  --------------
       NET INCOME                                    $          185  $           77  $          388  $          102
                                                     ==============  ==============  ==============  ==============

INCOME PER COMMON SHARE                              $         0.13  $         0.05  $         0.27  $         0.07
                                                     ==============  ==============  ==============  ==============
DILUTED NET INCOME PER COMMON SHARE                            0.12            0.05            0.26            0.07
                                                     ==============  ==============  ==============  ==============
Weighted average shares outstanding                       1,461,161       1,499,823       1,462,388       1,049,918
                                                     ==============  ==============  ==============  ==============
</TABLE>


See Notes to Consolidated Financial Statements


                                      -4-
<PAGE>
<TABLE>
<CAPTION>
                                        COMMUNITY CAPITAL BANCSHARES, INC. AND SUBSIDIARY
                                         CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
                                                           (Unaudited)
                                                      (Dollars in thousands)

                                                      Three months ended                          Nine months ended
                                         ------------------------------------------  --------------------------------------------
                                          September 30, 2001    September 30, 2000    September 30, 2001    September   30, 2000
                                         --------------------  --------------------  --------------------  ----------------------
<S>                                      <C>                   <C>                   <C>                   <C>
NET INCOME (LOSS)                        $               182   $                77   $               388   $                 102
  Other Comprehensive Income:
  Net unrealized holding gains (losses)                  224                   105                   331                      36
  Tax effect                                             (82)                  (36)                 (111)                    (12)
                                         --------------------  --------------------  --------------------  ----------------------
COMPREHENSIVE INCOME (LOSS)              $               324   $               146   $               608   $                 126
                                         ====================  ====================  ====================  ======================
</TABLE>

See notes to consolidated financial statements


                                      -5-
<PAGE>
<TABLE>
<CAPTION>
                        COMMUNITY CAPITAL BANCSHARES, INC.
                                  AND SUBSIDIARY
                 CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                   Nine months ended September 30, 2001and 2000
                              (Dollars in thousands)



                                                                2001       2000
                                                              ---------  ---------
<S>                                                           <C>        <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income (loss)                                           $    388   $    102
  Adjustments to reconcile net loss to net cash
  used in operating activities:
  Depreciation                                                     119         95
  Provision for loan losses                                        271        129
  Increase in interest receivable                                 (121)      (161)
  Other operating activities                                       (13)       (85)
                                                              ---------  ---------
       Net cash used in operating activities                       644         80
                                                              ---------  ---------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of property and equipment                               (82)      (882)
  Net decrease in Federal funds sold                             1,180        810
  Net increase in loans                                        (19,229)   (14,318)
  Proceeds from maturities of securities available for sale     11,685      1,498
  Purchase of securities available for sale                    (12,528)    (1,497)
                                                              ---------  ---------
       Net cash used in Investing activities                   (18,974)   (14,389)
                                                              ---------  ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Net increase in deposits                                      14,645     12,137
  Proceeds from FHLB advance                                       - -      1,800
  Increase in Federal funds purchased                            3,519        660
  Repayment of other borrowings                                   (275)       (92)
  Purchase of Treasury stock                                      (128)        (6)
                                                              ---------  ---------
       Net cash provided by financing activities                17,761     14,499
                                                              ---------  ---------
  Net increase (decrease) in cash                                 (569)       190
  Cash and due from banks at beginning of period                 3,392        949
                                                              ---------  ---------
  Cash and due from banks at end of period                    $  2,283   $  1,139
                                                              =========  =========

SUPPLEMENTAL DISCLOSURE
  Cash paid for interest                                      $  2,140   $  1,241
                                                              =========  =========

NON-CASH TRANSACTION
  Unrealized losses (gains) on securities available
  for sale                                                    $    331   $     36
                                                              =========  =========
</TABLE>


See notes to Consolidated Financial Statements


                                      -6-
<PAGE>
                       COMMUNITY CAPITAL BANCSHARES, INC.
                                 AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1.  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NATURE OF BUSINESS

Community  Capital  Bancshares,  Inc.  (the "Company") is a bank holding company
whose  business is conducted by its wholly-owned subsidiary, Albany Bank & Trust
(the  "Bank").  The  Bank  is a commercial bank located in Albany, Georgia.  The
Bank  provides  a  full  range of banking services in its primary market area of
Dougherty  County  and the surrounding counties.  The Bank commenced its banking
operations  on  April  28,  1999.

BASIS OF PRESENTATION

The  consolidated  financial  statements include the accounts of the Company and
its  subsidiary.  Significant  intercompany  transactions  and  accounts  are
eliminated  in  consolidation.

The preparation of financial statements in conformity with accounting principles
generally  accepted  in the United States of America requires management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and  disclosures  of  contingent  assets  and liabilities as of the
balance  sheet date and the reported amounts of revenues and expenses during the
reporting  period.  Actual  results could differ from those estimates.  Material
estimates  that  are  particularly susceptible to significant change in the near
term relate to the determination of the allowance for loan losses, the valuation
of  foreclosed  real  estate  and  deferred  taxes.

The  interim  financial statements included herein are unaudited but reflect all
adjustments  which,  in  the  opinion  of  management,  are necessary for a fair
presentation of the financial position and results of operations for the interim
period  presented.  All  such  adjustments are of a normal recurring nature. The
results  of  operations  for  the  period  ended  September  30,  2001  are  not
necessarily  indicative  of  the  results  of  a  full  year's  operations.

The  accounting  principles  followed by the Company and the methods of applying
these  principles  conform  with accounting principles generally accepted in the
United States of America and with general practices within the banking industry.

INCOME TAXES

The  Company  will  be  subject  to  Federal and state income taxes when taxable
income  is generated. No income taxes have been accrued because of the operating
losses  incurred  during  the  preopening  period.


                                      -7-
<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

This  discussion  is  intended  to  assist  in an understanding of the Company's
financial  condition  and results of operations. This analysis should be read in
conjunction  with the financial statements and related notes appearing in Item 1
of  the  September 30, 2001 Form 10-QSB and Management's Discussion and Analysis
of Financial Condition and Results of Operations appearing in the Company's Form
10-KSB  for  the  year  ended  December  31,  2000.

FINANCIAL CONDITION

As  of  September  30,  2001  the  Company's  total  assets  were  $77,779,000
representing  an  increase  of  $18,584,000  or  31.39%  from December 31, 2000.
Earning  assets  consist of Federal funds sold, Investment securities and Loans.
These  assets provide the majority of the Company's earnings. The mix of earning
assets is a reflection of management's philosophy regarding earning versus risk.

Federal  funds  sold  represent  an  overnight  investment  of  funds and can be
converted  immediately  to  cash.  At  September 30, 2001, there were no Federal
funds  sold as compared to the year-end amount of $1,180,000. This is a decrease
of  $1,180,000.

Investment  securities  consist  of U.S. Government and Agency securities. These
investments  are used to provide fixed maturities and as collateral for advances
and large public fund deposits. During the year, investment securities increased
$1,254,000.  All  securities are classified as available for sale under FASB 115
and  are  carried  at  current  market  values.

The  loan  portfolio  is  the largest earning asset and is the primary source of
earnings  for the Company. At September 30, 2001 net loans were $57,123,000. The
loan portfolio increased $18,958,000 or 49.67% during the year. At September 30,
2001,  the  allowance  for  loan  losses  was  $615,000 or 1.07% of total loans.
Management believes that this is an adequate but not excessive amount based upon
the  composition  of the current loan portfolio and current economic conditions.
The  relationship of the allowance to total loans will vary over time based upon
Management's evaluation of the loan portfolio. Management evaluates the adequacy
of  the  allowance  on  a  monthly basis and adjusts it accordingly by a monthly
charge  to  earnings  using  the provision for loan losses. During the year, the
provision  for potential loan losses was $271,000 as compared to the 2000 amount
of  $129,000.

Non-earning assets consist of premises and equipment, and other assets. Premises
and  equipment  decreased  during  the year as a result of depreciation expense.
Other  assets  consist  primarily  of  accrued interest receivable and increased
$158,000  as  a  result  of  the larger loan portfolio volume upon which accrued
interest  is  calculated.

The  Company  funds  its  assets  primarily  through  deposits  from  customers.
Additionally,  it  will  borrow  funds from other sources to provide longer term
fixed rate funding for its assets. The Company must pay interest on the majority
of  these  funds  and  attempts to price these funds competitively in the market
place  but  at  a  level  that  it can safely re-invest the funds profitably. At
September  30, 2001, total deposits were $60,440,000 as compared to the year-end
amount of $45,795,000. This is an increase of $14,645,000 or 31.98%. The Company
is beginning to see a slowing of its growth in deposits. This is a result of the
declining  interest  rate  environment  that is causing customers to seek higher
yields  in  other  areas  of  investments.


                                      -8-
<PAGE>
Interest bearing deposits are comprised of the following categories:

                                      June 30, 2001   December 31, 2000
                                      --------------  ------------------

Interest bearing demand and savings   $   18,609,000  $       15,176,000

Certificates of deposit in
denominations of $100,000 or greater      14,360,000           8,449,000

Other Certificates of deposit             21,758,000          17,700,000
                                      --------------  ------------------
     Total                            $   54,727,000  $       41,325,000
                                      ==============  ==================

Other borrowings consist of Federal Home Loan Bank advances and are secured by
investment securities owned by the Company.  No new advances were obtained
during the current year.

CAPITAL ADEQUACY
The following table presents the Company's regulatory capital position as of
September 30, 2001.

     Tier 1 Capital Ratio, actual                 15.22%
     Tier 1 Capital minimum requirement            4.00%

     Tier 2 Capital Ratio, actual                 16.29%
     Tier 2 Capital minimum requirement            8.00%

     Leverage Ratio                               11.92%
     Leverage Ratio minimum requirement            4.00%

The Company's ratios are well above the required regulatory minimums and provide
a  sufficient  basis  to  support  future  growth  of  the  Company.

RESULTS OF OPERATIONS

Net  income  for  the current year is $388,000 as compared to the 2000 amount of
$102,000.  The  increased  net income was a result of an overall increase in the
Company's  net  interest  income  and  increased  non-interest  income.

Total  interest  income  increased  $1,609,000 or 62.32% from the previous year.
This  was  the  result  of  increased  interest income on loans, which increased
$1,412,000.  The  increase  in  income  was the direct result of the larger loan
portfolio  in  the  current  year.

Interest  expense for 2001 is $2,157,000. This is the major expense item for the
Company  and  increased  $913,000  over  the  previous year. The reason for this
increase  was  the  increased  volume  of deposits and borrowings in the current
year.

Net  interest  income after the provision for loan losses was $1,763,000 in 2001
as compared to the 2000 amount of $1,209,000. This is an increase of $554,000 or
45.82%.  Again  the  improved  earnings are the result of a larger volume in all
categories  of  earning  assets  and  paying liabilities during 2001. Management
intends to continue to increase the size of the Company, but the current rate of
increase  should  not  be  expected  for  all  future  periods.


                                      -9-
<PAGE>
Other  income increased $358,000 to $509,000 in 2001. Service charges on deposit
accounts  increased  $120,000  or  142.9%  due  to  the larger number of deposit
accounts.  The  increase  in  other  service  charges,  commissions  and fees is
attributable  to  the  increased  income from the Financial Service and Mortgage
origination  departments  of the Bank. In the second quarter of 2000 the Company
added  Financial Services and Mortgage origination as additional services to its
customers. In 2001 these two areas generated $276,000 in earnings as compared to
the  2000  amount  of  $48,000.

Non-interest  expense  increased  $626,000  to  $1,884,000  in  2001. This is an
increase  of 49.76%. The largest area of increase was in the Salary and employee
benefits  category.  This  expense  item  was  $1,019,000 in the current year as
compared  to  the  2000  amount  of $670,000. This is an increase of $349,000 or
52.09%.  The  growth  in  this  expense  item  is  due to the increased staffing
required  to  properly  serve the Company's customers and increased staffing for
the  two  additional  areas  of  service  noted  above.

Equipment  and  occupancy  expense  increased  $56,000 over the prior year. This
increase  is  the  result  of higher maintenance costs on equipment and expenses
attributable  to  the  new main office facility which was completed and occupied
late  in the first quarter of 2000. Administrative expenses were $265,000 in the
current  year  as compared to $146,000 in 2000. The increase in this area is the
result  of  increases  in supply expense and legal, audit and other professional
costs  during  the  current year. These increases are to be expected in a growth
situation.

Fully  diluted  net income per share for the current year is $0.26 and increased
$0.19  from  the  previous  year.

FORWARD-LOOKING STATEMENTS

This  document  contains statements that constitute "forward-looking statements"
within  the  meaning  of Sections 27A of the Securities Act of 1933, as amended,
and  Sections  21E of the Securities Exchange Act of 1934, as amended. The words
"believe",  "estimate", "expect", "intend", "anticipate" and similar expressions
and  variations  thereof  identify  certain  of such forward-looking statements,
which  speak only as of the dates that they were made. The Company undertakes no
obligation  to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise. Users are cautioned
that  any  such  forward-looking  statements  are  not  guarantees  of  future
performance  and  involve  risks  and  uncertainties that the actual results may
differ  materially  from  those indicated in the forward-looking statements as a
result  of  various  factors.  Users  are therefore cautioned not to place undue
reliance  on  these  forward-looking  statements.


                                      -10-
<PAGE>
ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

     None


ITEM 5.  OTHER INFORMATION
     None

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
         a.     REPORTS ON FORM 8-K
                    None


                                      -11-
<PAGE>
SIGNATURES


Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                   COMMUNITY CAPITAL BANCSHARES, INC.



   November 12, 2001               /s/ Robert E. Lee
   -----------------               ------------------
         Date                      Robert E. Lee,
                                   President



   November 12, 2001               /s/ David J. Baranko
   -----------------               ---------------------
         Date                       David J. Baranko
                                    Chief Financial Officer
                                    (Duly authorized officer and
                                    principal financial / accounting
                                    officer)


                                      -12-
<PAGE>