Independence Bank Of Georgia Financial Statements & Health Reports

Acquired Nov 2016

Vitals

ROAA

.866

ROAE

Efficiency Ratio

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	Independence Bank Of Georgia	All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets	189,688	247,607
Total Net Loans	149,383	156,011
Total Deposits	156,538	212,199
Total Equity	24,432	27,648
Profitability
Net Income	1,202	2,180
Return on Average Assets	.866	1.008
Return on Average Equity	6.748	9.016
Net Interest Margin	4.192	4.028
Efficiency Ratio	64.257	71.784
Noninterest Income/Revenue	2.599	19.036
Balance Sheet Ratios
Loan-to-Deposit	95.429	72.795
Securities/Assets	.153	.165
Total Equity/Total Assets	.129	.112
Tangible Equity/Tangible Assets	.129	.11
Capital Adequacy
Tier 1 Common Capital	24,194	25,721
Tier 1 Capital	24,194	25,796
Tier 2 Capital	1,706	1,898
Total Capital	25,900	27,748
Total Risk Weighted Assets	156,098	168,792
Leverage Ratio	12.8	10.74
Common Equity Tier 1 Capital Ratio	15.5	16.222
Tier 1 Capital Ratio	15.5	16.316
Total Capital Ratio	16.59	17.473

Independence Bank Of Georgia was acquired by Pinnacle Bank 7 years

View Profile Nov 11 2016

Independence Bank Of Georgia was established 15 years ago and is currently headquartered in Braselton, GA.

Oct 15 2008

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Pinnacle Bank	Buyer	668,691	Acquisition	Discontinued	11/11/2016

Relationships	Role	Relationship Start	Relationship End

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