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404-256-7700
6065 Roswell Road, Suite 110
Sandy Springs, GA 30328

Signature Bank of Georgia is headquartered in Sandy Springs and is the 167th largest bank in the state of Georgia. It is also the 4,924th largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 22 employees at 2 locations. Signature Bank of Georgia has a F health rating.

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Health

Data for Q1 2014

Institution Health

F
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Signature Bank of Georgia has a relatively low asset base.

Texas Ratio

GRADE:
F

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 Signature Bank of Georgia had $20.68 million in non-current loans and owned real-estate with $7.37 million in equity and loan loss allowances on hand to cover it. This gives Signature Bank of Georgia a Texas Ratio of 280.51% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Signature Bank of Georgia increased slightly from 236.29% as of March 31, 2013 to 280.51% as of March 31, 2014, resulting in a negative change of 18.71%. This indicates that the balance sheet and financial strength for Signature Bank of Georgia has declined slightly in recent periods.

Deposit Growth

GRADE:
F

In the past year, Signature Bank of Georgia has decreased its total deposits by -$30.64 million, resulting in -28.04% 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 Signature Bank of Georgia has shown is poor.

Capitalization

GRADE:
C

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. Signature Bank of Georgia has $91.95 million in assets with $7.37 million in equity, resulting in a capitalization level of 8.02%, which is average.

Institution Statistics

Overall
FDIC Certificate #58103
Year Established2005
Employees22
Primary RegulatorFDIC
Assets and Liabilities
Assets$91.95 million
Loans$39.54 million
Deposits$78.66 million
Equity Capital$6.40 million
Loan Loss Allowance$972,000
Unbacked Noncurrent Loans$800,000
Real Estate Owned$19.88 million
Historic Data - March 2013
Assets$124.29 million
Equity Capital$7.98 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$800,000
Real Estate Owned$11.57 million
Profit Margin - Quarterly
Net Interest Margin3.56%
Return on Assets-3.21%
Return on Equity-45.64%
Interest Income$681,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Signature Bank of Georgia, we are a rate comparison website and can not provide official rates or promotions.

Signature Bank of Georgia Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.45%--Savings IRA
0.45%--Savings Roth IRA
0.11%--Savings
0.11%--Business Savings

Signature Bank of Georgia Money Market Rates

DetailsAPYMINMAXPRODUCT
0.26%$100k-Money Market
0.26%$100k-Business Money Market

Signature Bank of Georgia Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.13%$25k-Personal Plus Checking
0.11%--Signature IOLTA
0.08%--Signature Analysis

Signature Bank of Georgia CD Rates

DetailsAPYMINMAXPRODUCT
1.06%$1k-5 Year CD
1.06%$1k-Business 5 Year CD
1.01%$1k-3 Year CD
1.01%$1k-Business 3 Year CD
0.83%$1k-4 Year CD
0.40%$1k-2 Year CD
0.40%$1k-Business 2 Year CD
0.31%$1k-1 Year CD
0.31%$1k-Business 1 Year CD
0.16%$1k-6 Month CD
0.16%$1k-Business 6 Month CD

Signature Bank of Georgia IRA Rates

DetailsAPYMINMAXPRODUCT
1.06%$1k-5 Year IRA
1.06%$1k-Business 5 Year IRA
1.01%$1k-3 Year IRA
1.01%$1k-Business 3 Year IRA
0.83%$1k-4 Year IRA
0.40%$1k-2 Year IRA
0.40%$1k-Business 2 Year IRA
0.31%$1k-1 Year IRA
0.31%$1k-Business 1 Year IRA
0.16%$1k-6 Month IRA
0.16%$1k-Business 6 Month IRA
Locations


Signature Bank of Georgia Locations
Dunwoody Branch1449 Dunwoody Village ParkwayDunwoody, GA 30338
Signature Bank Of Georgia6065 Roswell Road, Suite 110Sandy Springs, GA 30328
Sandy Springs Branch6065 Roswell Road, Suite 600Sandy Springs, GA 30328