4 star ratingAverage User Rating:
4 star rating based on 1 review.

Georgia Commerce Bank

Georgia Commerce Bank Locations
3625 Cumberland Boulevard, Building Two
Atlanta, GA 30339
678-631-1240
www.gacommercebank.com

Georgia Commerce Bank is headquartered in Atlanta and is the 21st largest bank in the state of Georgia. It is also the 1,059th largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 92 employees at 6 locations. Georgia Commerce Bank has a 4-star health rating.

Georgia Commerce Bank Routing Number: 061020317

Related Posts

Competitive CD Rates at Georgia Commerce Bank in Atlanta - Local Only - 3/22/2011

Georgia Commerce Bank is offering a few competitive CD and IRA CD rates. The two best are a 1.50% APY 18-month CD and a 1.75% APY 2-year CD. There's also a decent 12-month CD with a 1.25% APY. Minimum ...



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Georgia Commerce Bank Checking Account Rates

ApyMinMaxProduct
0.25%--Relationship Banking
0.15%--Commercial Interest Checking
0.10%$1k-Interest Checking

Georgia Commerce Bank Savings Account Rates

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0.25%--Personal Savings
0.25%--Youth Savings
0.15%--IOLTA Account
0.05%--Bank Savings

Georgia Commerce Bank Money Market Rates

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0.60%$100k-Premium Money Market
0.60%$100k-Commercial Money Market

Georgia Commerce Bank CD Rates

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1.25%$500-60 Month CD
1.00%$500-48 Month CD
0.85%$500-36 Month CD
0.75%$500-24 Month CD
0.60%$500-18 Month CD
0.50%$500-12 Month CD
0.25%$500-6 Month CD
0.20%$500-3 Month CD

Georgia Commerce Bank IRA Rates

ApyMinMaxProduct
1.25%--60 Month IRA
1.00%--48 Month IRA
0.85%--36 Month IRA
0.75%--24 Month IRA
0.60%--18 Month IRA
0.50%--12 Month IRA
0.25%--6 Month IRA
0.20%--3 Month IRA

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Georgia Commerce Bank
FDIC Certificate #57521
BankRate ReportView
Year Established2003
Employees92
Primary RegulatorFDIC

Assets and Liabilities

Assets$627.77 million
Loans$426.52 million
Deposits$550.11 million
Equity Capital$55.68 million
Loan Loss Allowance$7.66 million
Unbacked Noncurrent Loans$1.59 million
Real Estate Owned$8.08 million

Historic Data - March 2011

Assets$421.41 million
Equity Capital$50.69 million
Loan Loss Allowance$5.63 million
Unbacked Noncurrent Loans$3.68 million
Real Estate Owned$8.13 million

Profit Margin - Quarterly

Net Interest Margin5.33%
Return on Assets0.69%
Return on Equity7.92%
Interest Income$8.37 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 Georgia Commerce Bank had $9.67 million in non-current loans and owned real-estate with $63.34 million in equity and loan loss allowances on hand to cover it. This gives Georgia Commerce Bank a Texas Ratio of 15.26% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Georgia Commerce Bank decreased slightly from 20.96% as of March 31, 2011 to 15.26% as of March 31, 2012, resulting in a positive change of 27.17%.This indicates that the balance sheet and financial strength for Georgia Commerce Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Georgia Commerce Bank has increased its total deposits by $197.65 million, resulting in 56.07% 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 Georgia Commerce Bank has shown is excellent.
Capitalization4
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. Georgia Commerce Bank has $627.77 million in assets with $63.34 million in equity, resulting in a capitalization level of 10.09%, which is above average.
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Hats Off To The Marietta Branch
4 stars - hellothecamp - Wednesday, May 25, 2011 - 7:46 AM

Several months ago, we moved our personal banking to Georgia Commerce's Marietta Branch.  We have also been in contact with the Commercial staff at this branch.  We've never visiting the other locations, but the Marietta staff is extremely available, helpful, thorough and accommodating.  They know us by name and spend whatever time is needed to answer our questions.  The office is new and spacious, with easy parking and easy access from I-75 or downtown Marietta.  I just wish they had more branches, but am happy they are growing slowly in order to stay so financially sound.  Hats off to them!

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