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Overview / Commentary
5536 Georgia Highway 72
Colbert, GA 30628

First Madison Bank & Trust is headquartered in Colbert and is the 96th largest bank in the state of Georgia. It is also the 3,525th largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 21 employees at 3 locations. First Madison Bank & Trust has a A+ health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Madison Bank & Trust had $344,000 in non-current loans and owned real-estate with $21.98 million in equity and loan loss allowances on hand to cover it. This gives First Madison Bank & Trust a Texas Ratio of 1.57% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Madison Bank & Trust decreased dramatically from 3.73% as of March 31, 2013 to 1.57% as of March 31, 2014, resulting in a positive change of 58.06%.This indicates that the balance sheet and financial strength for First Madison Bank & Trust has improved dramatically in recent periods.

Deposit Growth


In the past year, First Madison Bank & Trust has increased its total deposits by $6.52 million, resulting in 4.9% 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 Madison Bank & Trust has shown is excellent.



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 Madison Bank & Trust has $162.27 million in assets with $21.98 million in equity, resulting in a capitalization level of 13.54%, which is excellent.

Institution Statistics

FDIC Certificate #57898
Year Established2005
Primary RegulatorFDIC
Assets and Liabilities
Assets$162.27 million
Loans$121.37 million
Deposits$139.65 million
Equity Capital$15.98 million
Loan Loss Allowance$6.00 million
Unbacked Noncurrent Loans$344,000
Real Estate Owned$0
Historic Data - March 2013
Assets$154.48 million
Equity Capital$14.62 million
Loan Loss Allowance$5.08 million
Unbacked Noncurrent Loans$344,000
Real Estate Owned$507,000
Profit Margin - Quarterly
Net Interest Margin4.73%
Return on Assets1.39%
Return on Equity14.02%
Interest Income$1.95 million

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First Madison Bank & Trust Locations
Danielsville Branch210 General Daniel AvenueDanielsville, GA 30633
First Madison Bank & Trust5536 Georgia Highway 72Colbert, GA 30628
Athens Branch780 US Highway 29 NorthAthens, GA 30601