North Georgia Bank
Watkinsville, GA — Non-member Bank
Acquired Feb 2011
Vitals
-
Total Assets153.2M -15.5 %
-
Total Deposits139.7M -7.1 %
-
Total Net Loans97.9M -21.2 %
-
Net Income-7593000.0000
-
Book Value540000.0000 -93.4 %
-
Book Value x21.1M -93.4 %
-
Book Value x31.6M -93.4 %
Balance Sheet Highlights
| Financial Highlights | North Georgia Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 153,172 | 205,258 |
| Total Net Loans | 97,927 | 133,541 |
| Total Deposits | 139,672 | 178,890 |
| Total Equity | 540 | 15,702 |
| Profitability | ||
| Net Income | -7,593 | -1,584 |
| Return on Average Assets | -4.526 | -.719 |
| Return on Average Equity | -147.123 | -13.392 |
| Net Interest Margin | 1.283 | 3.49 |
| Efficiency Ratio | 242.888 | 93.824 |
| Noninterest Income/Revenue | 5.756 | 9.936 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 70.112 | 72.955 |
| Securities/Assets | .122 | .147 |
| Total Equity/Total Assets | .004 | .076 |
| Tangible Equity/Tangible Assets | .004 | .076 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 879 | 15,073 |
| Tier 2 Capital | 879 | 1,772 |
| Total Capital | 1,758 | 16,869 |
| Total Risk Weighted Assets | 105,805 | 144,859 |
| Leverage Ratio | .55 | 8.4 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .83 | 12.477 |
| Total Capital Ratio | 1.66 | 13.727 |
Timeline for North Georgia Bank
North Georgia Bank was acquired by 13 years
Feb 05 2011
North Georgia Bancorp, Inc.
North Georgia Bancorp, Inc. became a new parent organization for North Georgia Bank.
View Profile Jul 01 2003
North Georgia Bank
North Georgia Bank was established 24 years ago and is currently headquartered in Watkinsville, GA.
Apr 17 2000| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Banksouth | Buyer | 531,413 | Failure | 2/5/2011 |
| Relationships | Role | Relationship Start | Relationship End |
| North Georgia Bancorp, Inc. | Parent | 7/1/2003 | 2/4/2011 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Bank Of Perry County
|
Lobelville | TN | 153.1M |
|
Tensas State Bank
|
Newellton | LA | 153.6M |
|
Inez Deposit Bank
|
Inez | KY | 152.5M |
|
Bank Of The Federated States Of Micronesia
|
Pohnpei | FM | 153.9M |
|
United Bank And Trust Company
|
Hampton | IA | 154.1M |
|
Winnsboro State Bank & Trust Company
|
Winnsboro | LA | 152.2M |
|
State Bank Of Waterloo
|
Waterloo | IL | 151.9M |
|
Liberty Trust & Savings Bank
|
Durant | IA | 151.4M |
|
Farmers State Bank
|
Hillsboro | WI | 151.1M |
|
Community State Bank
|
Spencer | IA | 149.8M |