First Century Bank, National Association (GA)

First Century Bank, National Association (GA) is headquartered in Gainesville and is the 201^st largest bank in the state of Georgia. It is also the 5,756^th largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 63 employees at 1 location. First Century Bank, National Association (GA) has a 3-star health rating.

Data for Q1 2012

Institution Statistics First Century Bank, National Association FDIC Certificate # 57123 BankRate Report View Year Established 2002 Employees 63 Primary Regulator OCC Assets and Liabilities Assets $70.86 million Loans $44.18 million Deposits $59.03 million Equity Capital $6.88 million Loan Loss Allowance $461,000 Unbacked Noncurrent Loans $902,000 Real Estate Owned $809,000 Historic Data - March 2011 Assets $72.19 million Equity Capital $6.05 million Loan Loss Allowance $469,000 Unbacked Noncurrent Loans $1.44 million Real Estate Owned $522,000 Profit Margin - Quarterly Net Interest Margin 4.02% Return on Assets 1.42% Return on Equity 14.65% Interest Income $774,000

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 First Century Bank, National Association (GA) had $1.71 million in non-current loans and owned real-estate with $7.34 million in equity and loan loss allowances on hand to cover it. This gives First Century Bank, National Association (GA) a Texas Ratio of 23.30% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Century Bank, National Association (GA) decreased slightly from 30.08% as of March 31, 2011 to 23.30% as of March 31, 2012, resulting in a positive change of 22.53%.This indicates that the balance sheet and financial strength for First Century Bank, National Association (GA) has improved slightly in recent periods. Deposit Growth In the past year, First Century Bank, National Association (GA) has decreased its total deposits by -$4.53 million, resulting in -7.12% 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 First Century Bank, National Association (GA) has shown is poor. 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. First Century Bank, National Association (GA) has $70.86 million in assets with $7.34 million in equity, resulting in a capitalization level of 10.36%, which is above average.

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