Georgia Trust Bank

Georgia Trust Bank is headquartered in Buford and is the 149^th largest bank in the state of Georgia. It is also the 4,471^st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 20 employees at 2 locations. Georgia Trust Bank has a 1-star health rating.

Georgia Trust Bank Routing Number: 061120521

Data for Q1 2012

Institution Statistics Georgia Trust Bank FDIC Certificate # 57847 BankRate Report View Year Established 2005 Employees 20 Primary Regulator FDIC Assets and Liabilities Assets $119.80 million Loans $69.03 million Deposits $117.37 million Equity Capital $2.20 million Loan Loss Allowance $2.29 million Unbacked Noncurrent Loans $17.01 million Real Estate Owned $7.37 million Historic Data - March 2011 Assets $139.62 million Equity Capital $3.30 million Loan Loss Allowance $2.92 million Unbacked Noncurrent Loans $16.26 million Real Estate Owned $8.18 million Profit Margin - Quarterly Net Interest Margin 2.16% Return on Assets -2.74% Return on Equity -126.56% Interest Income $941,000

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 Georgia Trust Bank had $24.39 million in non-current loans and owned real-estate with $4.49 million in equity and loan loss allowances on hand to cover it. This gives Georgia Trust Bank a Texas Ratio of 543.62% 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 Georgia Trust Bank increased slightly from 415.06% as of March 31, 2011 to 543.62% as of March 31, 2012, resulting in a negative change of 30.97%. This indicates that the balance sheet and financial strength for Georgia Trust Bank has declined slightly in recent periods. Deposit Growth In the past year, Georgia Trust Bank has decreased its total deposits by -$18.66 million, resulting in -13.72% 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 Trust 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. Georgia Trust Bank has $119.8 million in assets with $4.49 million in equity, resulting in a capitalization level of 3.74%, which is poor.

No reviews have been left for this bank yet. Be the first to review.