First Chatham Bank

First Chatham Bank is headquartered in Savannah and is the 27^th largest bank in the state of Georgia. It is also the 1,347^th largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 95 employees at 9 locations. First Chatham Bank's money market rates are 48% higher than the national average, but it has a 1-star health rating.

First Chatham Bank Routing Number: 061220133

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Data for Q1 2012

Institution Statistics First Chatham Bank FDIC Certificate # 57252 BankRate Report View Year Established 2002 Employees 95 Primary Regulator FDIC Assets and Liabilities Assets $503.57 million Loans $340.95 million Deposits $431.16 million Equity Capital $15.90 million Loan Loss Allowance $10.51 million Unbacked Noncurrent Loans $47.14 million Real Estate Owned $22.39 million Historic Data - March 2011 Assets $608.93 million Equity Capital $22.23 million Loan Loss Allowance $13.05 million Unbacked Noncurrent Loans $25.80 million Real Estate Owned $17.57 million Profit Margin - Quarterly Net Interest Margin 2.64% Return on Assets -0.77% Return on Equity -23.93% Interest Income $4.68 million

Institution Health Overall Score: 1 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 Chatham Bank had $69.53 million in non-current loans and owned real-estate with $26.41 million in equity and loan loss allowances on hand to cover it. This gives First Chatham Bank a Texas Ratio of 263.21% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Chatham Bank increased slightly from 122.94% as of March 31, 2011 to 263.21% as of March 31, 2012, resulting in a negative change of 114.10%. This indicates that the balance sheet and financial strength for First Chatham Bank has declined slightly in recent periods. Deposit Growth In the past year, First Chatham Bank has decreased its total deposits by -$49.73 million, resulting in -10.34% 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 Chatham Bank 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 Chatham Bank has $503.57 million in assets with $26.41 million in equity, resulting in a capitalization level of 5.25%, which is below average.

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