Vitals
  • Total Assets
    665.1M 17.6 %
  • Total Deposits
    531.4M 19.9 %
  • Total Net Loans
    450.3M 17.9 %
  • Net Income
    9.3M 48.8 %
  • Book Value
    55.4M 15.6 %
  • Book Value x2
    110.8M 15.6 %
  • Book Value x3
    166.1M 15.6 %
ROAA

1.488

ROAE

18.173

Efficiency Ratio

43.465

Net Interest Margin

4.239

Balance Sheet Highlights
Financial Highlights Riverside Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 665,114 185,759
Total Net Loans 450,299 137,560
Total Deposits 531,367 154,387
Total Equity 55,378 17,752
Profitability
Net Income 9,315 11,253
Return on Average Assets 1.488 1.405
Return on Average Equity 18.173 14.35
Net Interest Margin 4.239 4.561
Efficiency Ratio 43.465 62.186
Noninterest Income/Revenue 6.146 11.405
Balance Sheet Ratios
Loan-to-Deposit 84.744 84.834
Securities/Assets .19 .213
Total Equity/Total Assets .083 .096
Tangible Equity/Tangible Assets .083 -.929
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 56,955 17,144
Tier 2 Capital 5,216 1,758
Total Capital 62,171 18,847
Total Risk Weighted Assets 543,852 144,350
Leverage Ratio 7.72 10.263
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.47 13.733
Total Capital Ratio 11.43 14.902

Timeline for Riverside Bank

Bank Of North Georgia

Riverside Bank was acquired by Bank Of North Georgia 18 years

View Profile Mar 25 2006

Riverside Residential Lending, Inc.

Riverside Residential Lending, Inc. became a new subsidiary organization for Riverside Bank.

View Profile Jul 01 2001

Riverside Bancshares, Inc.

Riverside Bancshares, Inc. became a new parent organization for Riverside Bank.

View Profile Dec 30 1988

Riverside Bank

Riverside Bank was established 37 years ago and is currently headquartered in Marietta, GA.

Apr 17 1987
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Bank Of North Georgia Buyer 4,673,717 Acquisition Discontinued 3/25/2006
Relationships Role Relationship Start Relationship End
Riverside Bancshares, Inc. Parent 12/30/1988 3/24/2006
Riverside Residential Lending, Inc. Subsidary 7/1/2001 3/24/2006
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