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  March 31, 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  March  31,  2000:
     1,462,356  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)  as  of
            December  31,  2000  and  March  31,  2001                       3

          Consolidated  statement  of  operations  (unaudited)
            for  the  three  months  ended  March  31,  2000 and 2001        4

          Consolidated statement of comprehensive income (loss) (unaudited)
            for the three months ended  March  31, 2000 and 2001             5

          Statement  of  cash  flows  (unaudited)  for  the
            three  months  ended  March  31,  2000  and  2001                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  4.  Submission  of  matters  to  a  vote  of  Security Holders        11

ITEM  5.  Other  Matters                                                    11

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


                                      - 2 -
<PAGE>
<TABLE>
<CAPTION>
                                    COMMUNITY CAPITAL BANCSHARES, INC.
                                              AND SUBSIDIARY
                                 CONSOLIDATED BALANCE SHEETS (UNAUDITED)
                                          (Dollars in thousands)


                                                                      March 31,2001    December 31, 2000
                                                                     ---------------   ------------------
<S>                                                                  <C>              <C>

ASSETS
------
Cash and due from banks                                              $        4,085   $            3,392
Federal funds sold                                                            6,654                1,180
Securities available for sale                                                14,340               13,154
Loans                                                                        46,172               38,625
Less allowance for loan losses                                                  535                  460
                                                                     ---------------  -------------------
     Loans, net                                                              45,637               38,165
Premises and equipment                                                        2,640                2,676
Other assets                                                                    724                  628
                                                                     ---------------  -------------------
                                                                             74,080   $           59,195
                                                                     ===============  ===================

LIABILITIES AND SHAREHOLDERS' EQUITY
------------------------------------
Deposits
     Non-interest bearing                                            $        5,462   $            4,470
     Interest bearing                                                        55,143               41,325
                                                                     ---------------  -------------------
          Total deposits                                                     60,605               45,795
Other borrowings                                                              4,525                4,617
Other liabilities                                                               280                  243
                                                                     ---------------  -------------------
     TOTAL LIABILITIES                                                       65,410               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                                                            (784)                (865)
Accumulated other comprehensive income                                          116                   50
Less cost of treasury stock, 37,204 shares as of March 31, 2001
and 34,490 shares as of December 31, 2000                                      (247)                (230)
                                                                     ---------------  -------------------
       TOTAL SHAREHOLDERS' EQUITY                                             8,670                8,540
                                                                     ---------------  -------------------
                                                                             74,080   $           59,195
                                                                     ===============  ===================
</TABLE>


                                      - 3 -
<PAGE>
<TABLE>
<CAPTION>
                       COMMUNITY CAPITAL BANCSHARES, INC.
                                 AND SUBSIDIARY
                CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED)
                   Three months ended March 31, 2000 and 2001
                (Dollars in thousands, except earnings per share)


                                                                2001   2000
                                                               ------  -----
<S>                                                            <C>     <C>
INTEREST INCOME
     Loans                                                     $  998  $ 497
     Investment securities                                        267    211
     Deposits in banks                                             10      1
     Federal funds sold                                            29     39
                                                               ------  -----
          TOTAL INTEREST INCOME                                 1,304    748
                                                               ------  -----
INTEREST EXPENSE
     Deposits                                                     613    361
     Other borrowed money                                          70    - -
                                                               ------  -----
         TOTAL INTEREST EXPENSE                                   683    361
                                                               ------  -----
         NET INTEREST INCOME                                      621    387
Provision for loan losses                                          87     48
                                                               ------  -----
         NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES      534    339
                                                               ------  -----
OTHER INCOME
     Service charges on deposit accounts                           54     16
     Other service charges, commissions and fees                   84      5
                                                               ------  -----
                                                                  138     21
                                                               ------  -----
OTHER EXPENSES
     Salaries and employee benefits                               325    194
     Equipment and occupancy expenses                              80     49
     Marketing expenses                                            17     16
     Data processing expenses                                      34     30
     Administrative expenses                                       84     38
     Loan expenses                                                  8      2
     Other expenses                                                43     28
                                                               ------  -----
         TOTAL EXPENSES                                           591    357
                                                               ------  -----
INCOME (LOSS) BEFORE INCOME TAXES                                  81      3
Income tax expense                                                 --     --
                                                               ------  -----
NET INCOME                                                     $   81  $   3
                                                               ======  =====
PRIMARY INCOME PER COMMON SHARE (1,463,778 weighted            $  .06  $.005
average shares used in calculation)                            ======  =====
FULLY DILUTED INCOME PER COMMON SHARE (1,471,237               $  .05  $.005
weighted average shares used in calculation)                   ======  =====
</TABLE>


                                      - 4 -
<PAGE>
<TABLE>
<CAPTION>
                          COMMUNITY CAPITAL BANCSHARES, INC.
                                    AND SUBSIDIARY
            SOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)
                      Three months ended March 31, 2000 and 2001
                                (Dollars in thousands)


                                                                        2001    2000
                                                                        -----  ------
<S>                                                                     <C>    <C>
NET INCOME (LOSS)                                                       $  81  $   3
Other comprehensive loss
     Net unrealized holding gains (losses) arising during period, net
of tax expense (benefit) of   $30,000 in 2001 and $(24,000) in 2000        66    (46)
                                                                        -----  ------
 COMPREHENSIVE INCOME (LOSS)                                            $ 147  $ (43)
                                                                        =====  ======
</TABLE>


                                      - 5 -
<PAGE>
<TABLE>
<CAPTION>
                       COMMUNITY CAPITAL BANCSHARES, INC.
                                 AND SUBSIDIARY
                CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                   Three Months Ended March 31, 2000 and 2001
                             (Dollars in thousands)


                                                       2001       2000
                                                     ---------  --------
<S>                                                  <C>        <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                                         $     81   $     3
  Adjustments to reconcile net loss to net cash
  used in operating activities:
  Depreciation                                             39        12
  Provision for loan losses                                87        48
  Increase in interest receivable                         (74)      (99)
  Other operating activities                              (57)      (41)
                                                     ---------  --------
       Net cash used in operating activities               76       (77)
                                                     ---------  --------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of property and equipment                       (4)     (368)
  Net increase in Federal funds sold                   (5,474)   (2,350)
  Net increase in loans                                (7,559)   (4,691)
  Proceeds from maturities of securities available
  for sale                                              4,852       522
  Purchase of securities available for sale            (5,899)     (493)
                                                     ---------  --------
       Net cash used in Investing activities          (14,084)   (7,380)
                                                     ---------  --------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Net increase in deposits                             14,810     8,000
  Proceeds from advances under line of credit
  Repayment of other borrowings                           (92)      - -
  Purchase of treasury stock                              (17)       (1)
                                                     ---------  --------
       Net cash provided by financing activities       14,701     7,999
                                                     ---------  --------
  Net increase in cash                                    693       542
  Cash and due from banks at beginning of period        3,392       949
                                                     ---------  --------
  Cash and due from banks at end of period           $  4,085   $ 1,491
                                                     =========  ========

SUPPLEMENTAL DISCLOSURE
  Cash paid for interest                             $    662   $   361
                                                     =========  ========

NON-CASH TRANSACTION
  Unrealized (gains) losses on securities available
  for sale                                           $     96   $   (71)
                                                     =========  ========
</TABLE>


                                      - 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 generally accepted
accounting principles 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 March 31, 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 generally accepted accounting principles (GAAP)
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  March  31, 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 March 31, 2001 the Company's total assets were $74,080,000 representing an
increase  of  $14,885,000  or  25.15%  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  March  31,  2001, Federal funds sold were
$6,654,000  as  compared  to  the  year-end  amount  of  $1,180,000.  This is an
increase  of  $5,474,000.

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 first quarter, investment securities
increased $1,186,000.  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 March 31, 2001 net loans were $45,637,000.  The
loan  portfolio  increased  $7,472,000  or  19.58% during the first quarter.  At
March  31,  2001,  the  Allowance for loan losses was $535,000 or 1.16% 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  first  quarter of 2001, the provision for potential loan losses was
$87,000  as  compared  to  the  2000  amount  of  $48,000.

Non-earning  assets  consist  of  Premises  and  equipment,  and  Other  Assets.
Premises  and equipment decreased during the quarter as a result of depreciation
of  these assets.  Other assets consist primarily of accrued interest receivable
and  increased  $96,000  as  a result of the larger loan portfolio upon which to
accrue  interest.

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  March  31, 2001, total deposits were $60,605,000 as compared to the year-end
amount  of  $45,795,000.  This  is  an  increase  of  $14,810,000  or  32.34%.


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

<TABLE>
<CAPTION>
                                       March 31, 2001   December 31, 2000
                                      ---------------  ------------------
<S>                                   <C>              <C>
Interest bearing demand and savings   $    21,849,000  $       15,176,000
Certificates of deposit in
denominations of $100,000 or greater       11,809,000           8,449,000
Other Certificates of deposit              21,485,000          17,700,000
                                      ---------------  ------------------
     Total                            $    55,143,000  $       41,325,000
                                      ===============  ==================
</TABLE>

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  quarter.

CAPITAL  ADEQUACY

The  following  table  presents  the Company's regulatory capital position as of
March  31,  2001.

     Tier  1  Capital  Ratio,  actual               17.85%
     Tier  1  Capital  minimum  requirement          4.00%

     Tier  2  Capital  Ratio,  actual               18.95%
     Tier  2  Capital  minimum  requirement          8.00%

     Leverage  Ratio                                13.45%
     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 $81,000 as compared to the 2000 amount of
$3,000.  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 $556,000 or 74.33% from the previous year.  This
was  the result of increased interest income on loans, which increased $501,000.
The increase in income was the direct result of the larger loan portfolio in the
current  year.

Interest  expense  for 2001 was $683,000. This is the major expense item for the
company  and  increased  $322,000  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 $534,000 in 2001 as
compared  to  the  2000  amount of $339,000.  This is an increase of $195,000 or
57.52%.  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.

Other income increased $117,000 to $138,000 in 2001.  Service charges on deposit
accounts  increased  $38,000  or  237.5%  due  to  the  larger number of deposit
accounts.  The  increase  in  Other  service  charges,  commissions  and fees is


                                      - 9 -
<PAGE>
attributable to the addition of two new departments since the previous year.  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  $72,000  of  additional  income  for  the  Company.

Non-interest  expense  increased  $234,000  to  $591,000  in  2001.  This  is an
increase of 65.54%.  The largest area of increase was in the Salary and employee
benefits  category.  This  expense  item  was  $325,000  in  the current year as
compared  to  the  2000  amount of $194,000.  This is an increase of $131,000 or
67.52%.  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.

Equipment  and  occupancy  expense  increased $31,000 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 $84,000 in the
current  year  as compared to $38,000 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 $0.05 and increased
$0.045  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  4.     SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

     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.



  May 14, 2001                           /s/  Robert  E.  Lee
---------------                          ------------------------
       Date                              Robert  E.  Lee,
                                         President



  May 14, 2001                           /s/  David  J.  Baranko
---------------                          ------------------------
         Date                            David  J.  Baranko
                                         Chief  Financial  Officer
                                         (Duly authorized officer and
                                         principal financial /accounting
                                         officer)


                                     - 12 -
<PAGE>