First Citizens Bank of Georgia

First Citizens Bank of Georgia is headquartered in Dawsonville and is the 176^th largest bank in the state of Georgia. It is also the 5,056^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 19 employees at 2 locations. First Citizens Bank of Georgia has a 1-star health rating.

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Data for Q1 2012

Institution Statistics First Citizens Bank of Georgia FDIC Certificate # 58421 BankRate Report View Year Established 2007 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $96.21 million Loans $61.76 million Deposits $89.27 million Equity Capital $2.81 million Loan Loss Allowance $2.64 million Unbacked Noncurrent Loans $7.91 million Real Estate Owned $11.28 million Historic Data - March 2011 Assets $119.45 million Equity Capital $3.81 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $7.73 million Real Estate Owned $8.94 million Profit Margin - Quarterly Net Interest Margin 3.75% Return on Assets 0.35% Return on Equity 12.46% Interest Income $1.09 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 Citizens Bank of Georgia had $19.2 million in non-current loans and owned real-estate with $5.44 million in equity and loan loss allowances on hand to cover it. This gives First Citizens Bank of Georgia a Texas Ratio of 352.65% 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 Citizens Bank of Georgia held steady from 310.35% as of March 31, 2011 to 352.65% as of March 31, 2012, resulting in a negative change of 13.63%. This indicates that the balance sheet and financial strength for First Citizens Bank of Georgia has held steady in recent periods. Deposit Growth In the past year, First Citizens Bank of Georgia has decreased its total deposits by -$18.17 million, resulting in -16.91% 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 Citizens Bank of Georgia 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 Citizens Bank of Georgia has $96.2 million in assets with $5.44 million in equity, resulting in a capitalization level of 5.66%, which is below average.

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