Community Bank of Georgia

Community Bank of Georgia is headquartered in Baxley and is the 203^rd largest bank in the state of Georgia. It is also the 5,811^st largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 14 employees at 1 location. Community Bank of Georgia's money market rates are 70% higher than the national average, and it has a 3-star health rating.

Community Bank of Georgia Routing Number: 061220353

Community Bank of Georgia Checking Account Rates

Community Bank of Georgia Savings Account Rates

Community Bank of Georgia Money Market Rates

Community Bank of Georgia CD Rates

Community Bank of Georgia IRA Rates

Data for Q1 2012

Institution Statistics Community Bank of Georgia FDIC Certificate # 57579 BankRate Report View Year Established 2004 Employees 14 Primary Regulator FDIC Assets and Liabilities Assets $68.54 million Loans $39.66 million Deposits $61.03 million Equity Capital $7.24 million Loan Loss Allowance $751,000 Unbacked Noncurrent Loans $3.28 million Real Estate Owned $247,000 Historic Data - March 2011 Assets $62.71 million Equity Capital $6.65 million Loan Loss Allowance $620,000 Unbacked Noncurrent Loans $828,000 Real Estate Owned $165,000 Profit Margin - Quarterly Net Interest Margin 4.16% Return on Assets 0.51% Return on Equity 4.82% Interest Income $771,000

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Community Bank of Georgia had $3.53 million in non-current loans and owned real-estate with $7.99 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Georgia a Texas Ratio of 44.17% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Community Bank of Georgia increased slightly from 13.65% as of March 31, 2011 to 44.17% as of March 31, 2012, resulting in a negative change of 223.52%. This indicates that the balance sheet and financial strength for Community Bank of Georgia has declined slightly in recent periods. Deposit Growth In the past year, Community Bank of Georgia has increased its total deposits by $5.33 million, resulting in 9.57% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Community Bank of Georgia has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Community Bank of Georgia has $68.54 million in assets with $7.99 million in equity, resulting in a capitalization level of 11.66%, which is above average.

No reviews have been left for this bank yet. Be the first to review.