Resurgens Bank

2300 Henderson Mill Road, Ne Suite 100
Atlanta, GA 30345
404-297-2200
www.resurgensbank.com

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Resurgens Bank is headquartered in Atlanta and is the 190^th largest bank in the state of Georgia. It is also the 5,298^th largest bank in the nation. It was established in 2008 and as of March of 2012, it had grown to 16 employees at 1 location. Resurgens Bank has a 4-star health rating.

Resurgens Bank Routing Number: 061021170

Competitive 5-Year CD Rate at Resurgens Bank in Atlanta - Local Only - 3/28/2011

Resurgens Bank is offering a very competitive rate of 2.90% APY on its 5-year CD and IRA CD. Minimum deposit is $500. I was told by the bank that the early withdrawal penalty is 6 months of interest. ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Resurgens Bank Checking Account Rates

Apy	Min	Max	Product
0.50%	$50k	-	Resurgens Relationship Checking
0.50%	$50k	-	Business Advantage Interest Checking
0.45%	$50k	-	Senior Checking
0.25%	-	-	Resurgens Interest Checking

Resurgens Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	-	-	Resurgens Regular Savings
0.10%	-	-	Lawyers Trust Account (IOLTA)

Resurgens Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$50k	-	Resurgens Money Market Account
0.50%	$125k	-	Business Money Market Accounts

Resurgens Bank CD Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month CD
1.20%	$500	-	48 Month CD
1.00%	$500	-	36 Month CD
0.70%	$500	-	24 Month CD
0.70%	$500	-	30 Month CD
0.60%	$500	-	18 Month CD
0.40%	$500	-	6 Month CD
0.40%	$500	-	9 Month CD
0.40%	$500	-	12 Month CD
0.25%	$500	-	3 Month CD

Resurgens Bank IRA Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month IRA
1.20%	$500	-	48 Month IRA
1.00%	$500	-	36 Month IRA
0.70%	$500	-	24 Month IRA
0.70%	$500	-	30 Month IRA
0.60%	$500	-	18 Month IRA
0.40%	$500	-	6 Month IRA
0.40%	$500	-	9 Month IRA
0.40%	$500	-	12 Month IRA
0.25%	$500	-	3 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Resurgens Bank
FDIC Certificate #	58750
BankRate Report	View
Year Established	2008
Employees	16
Primary Regulator	FDIC
Assets and Liabilities
Assets	$87.10 million
Loans	$58.29 million
Deposits	$74.15 million
Equity Capital	$12.72 million
Loan Loss Allowance	$1.75 million
Unbacked Noncurrent Loans	$1.83 million
Historic Data - March 2011
Assets	$82.42 million
Equity Capital	$10.12 million
Loan Loss Allowance	$754,000
Real Estate Owned	$142,000
Profit Margin - Quarterly
Net Interest Margin	4.02%
Return on Assets	1.15%
Return on Equity	7.73%
Interest Income	$1.01 million

Institution Health

Overall Score:

4 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 Resurgens Bank had $1.83 million in non-current loans and owned real-estate with $14.47 million in equity and loan loss allowances on hand to cover it. This gives Resurgens Bank a Texas Ratio of 12.67% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Resurgens Bank increased slightly from 1.31% as of March 31, 2011 to 12.67% as of March 31, 2012, resulting in a negative change of 870.12%. This indicates that the balance sheet and financial strength for Resurgens Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Resurgens Bank has increased its total deposits by $2.05 million, resulting in 2.85% 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 Resurgens Bank has shown is above average.
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. Resurgens Bank has $87.1 million in assets with $14.47 million in equity, resulting in a capitalization level of 16.61%, which is excellent.