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Overview / Commentary
1907 Highway 211
Hoschton, GA 30548

Hamilton State Bank is a Georgia-based bank that provides individual and business customers with access to deposit and loan products and services. On its depository side it offers savings, checking, money market, and CD accounts to meet its customers’ needs.

The bank has several checking accounts that vary in terms of minimum balance requirements, monthly maintenance fees, and mobile usage costs. One account offers an additional CD interest bonus just for opening. The savings account offering has a minimum daily account balance requirement in order to avoid a monthly fee. Money Market accounts offer tiers of interest rates that get higher as account balances increase, and the bank’s CDs vary in term lengths. Hamilton State Bank also offers its Hamilton Club as a way for customers to obtain identity theft protection, insurance, and cash back rewards. Several bank customers have reviewed the bank on, mainly in regard to its mortgage lending services.

Hamilton State Bank online banking offers customers access to the bank’s Internet platform, from which they can transfer funds, monitor accounts, pay bills, or deposit money. The bank also provides a mobile app for customers to accomplish the same activities via their smartphone. The bank also offers telephone banking services through which customers can request financial statements by fax and review recent transactions.

Hamilton State Bank was established in 2004 and is headquartered in Hoschton, Georgia, a city located just outside of Atlanta. The bank was named after Alexander Hamilton, the Department of the Treasury of the United States’ first Secretary. It serves its customers through a number of branches.

Reviews (7)


My husband and I built a house this year and used (after high recommendations from the builder) went with Hamilton State Bank for our construction loan. Our house was finished in May and the bank has been trying to do the final closing on our house ever since then. It is now the middle of November, and they still have NO idea when we are closing. I will call, leave a message, and they call me back days sometimes weeks later, if at all. When I talk to them, they tell me that we are close and they will call back the next week, never to be heard from until I call three weeks later. The builder told me that I would have to pay minimal construction interest because they should have us closing within 30 days. Since then we have paid almost $1200 a month in interest! It has gotten beyond the point of ridiculous!! I don't know if we are the only case of this happening to a customer or not but I do NOT recommend this bank for mortgages!!

Worst In Loans!!

Like the other reviewer, we had a house built through America's Home Place who highly recomended this bank. They started construction, assuring us that the loan would be closed in about 30 days after construction was completed. The bank also was very eager to get the construction loan going, but has been dragging their feet on closing the lower rated loan. Construction was completed in June and some how we are still waiting. They keep having to send it back to the lender for corrections and the corrections are things they said in the beginning that had to be done. We've been having to pay for a $1100 construction loan (that's only the interest) on top of paying the bills and rent for another home while waiting. I'm very disappointed and will not be using this bank again. EVER!

Terrible Loan Service

I was bidding on a home and was in need of a letter to give the realtor. II filled out for the loan and two weeks later after several excuses as to why the bank officer was not at work I still did not have a letter. I have purchased many rental homes using First State Bank and have never been late on a payment. I tried calling some of the higher ups in this company and no one wants to take responsibility for the delays. I paid off a car loan this past year and after waiting almost 6 months for the title finally contacted the corporate office only to be told the branch ( Locust Grove) had not submitted the paperwork for the release. Back to loan, needless to say 3 weeks later the house has been sold and I still have yet to hear a word. Don't know if its the whole banking system or just the Locust Grove branch but this is the most unreliable bank I have ever had the misfortune to deal with.

Construction Loan

There could be many reasons why you haven't converted your mortgage loan. Maybe there is a problem with the program that were initially placed under and it is no longer available. Many qualifications issues. I wouldn't bash the bank, go away and try another bank to pay off the construction loan, and then see if there are any issues. Why wait, go elsewhere.

Lousy Lying Management AND Staff!!!!!

We had a business account with this lousy lying management bank! They make promises they do not keep, they caused severe issue with us (we are a newer upstart), and held deposits with every excuse imaginable even on 2 of their own account deposits.... They don't even accept ATM deposits, they have NO LOCATIONS in easy to access areas, and they charge for every breath you take inside the bank! I wouldn't send my worst enemy to this place....

Construction Lending At HAMILTON STATE BANK

We were extremely pleased with our construction process with Hamilton State Bank. The process was easy, and the employees were very knowledgeable and responsive. We would highly recommend Hamilton State Bank to anyone interested in financing.

Hamilton State Bank Is An Excellent Choice For Mortgage Financing

We used Hamilton State Bank for our construction loan. We were very pleased with the whole process, and the employees. The employees are very knowledgeable and responsive. We couldn't have asked for a more pleasant experience. We woulld highly recommend Hamilton State Bank to others.


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 Hamilton State Bank had $78.07 million in non-current loans and owned real-estate with $236.91 million in equity and loan loss allowances on hand to cover it. This gives Hamilton State Bank a Texas Ratio of 32.95% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Hamilton State Bank decreased slightly from 37.47% as of March 31, 2013 to 32.95% as of March 31, 2014, resulting in a positive change of 12.06%.This indicates that the balance sheet and financial strength for Hamilton State Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Hamilton State Bank has increased its total deposits by $315.7 million, resulting in 28.74% 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 Hamilton State Bank 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. Hamilton State Bank has $1.68 billion in assets with $236.91 million in equity, resulting in a capitalization level of 14.06%, which is excellent.

Institution Statistics

FDIC Certificate #57810
Year Established2004
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.68 billion
Loans$848.14 million
Deposits$1.41 billion
Equity Capital$229.89 million
Loan Loss Allowance$7.02 million
Unbacked Noncurrent Loans$70.53 million
Real Estate Owned$7.54 million
Historic Data - March 2013
Assets$1.35 billion
Equity Capital$214.71 million
Loan Loss Allowance$9.07 million
Unbacked Noncurrent Loans$70.53 million
Real Estate Owned$9.69 million
Profit Margin - Quarterly
Net Interest Margin5.37%
Return on Assets0.1%
Return on Equity0.75%
Interest Income$20.03 million

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Hamilton State Bank has 24 locations. Click to view all Hamilton State Bank locations.