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Overview / Commentary
6065 Roswell Road, Suite 110
Sandy Springs, GA 30328

Signature Bank of Georgia is headquartered in Sandy Springs and is the 162nd largest bank in the state of Georgia. It is also the 4,816st largest bank in the nation. It was established in 2005 and as of December of 2013, it had grown to 18 employees at 2 locations. Signature Bank of Georgia has a F health rating.

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Health

Data for Q4 2013

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 funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Signature Bank of Georgia had $22.09 million in non-current loans and owned real-estate with $7.84 million in equity and loan loss allowances on hand to cover it. This gives Signature Bank of Georgia a Texas Ratio of 281.72% 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 240.84% as of December 31, 2012 to 281.72% as of December 31, 2013, resulting in a negative change of 16.98%. 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 -$34.62 million, resulting in -29.38% 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 $96.97 million in assets with $7.84 million in equity, resulting in a capitalization level of 8.09%, which is average.

Institution Statistics

Overall
FDIC Certificate #58103
Year Established2005
Employees18
Primary RegulatorFDIC
Assets and Liabilities
Assets$96.97 million
Loans$38.07 million
Deposits$83.20 million
Equity Capital$6.87 million
Loan Loss Allowance$971,000
Unbacked Noncurrent Loans$800,000
Real Estate Owned$21.29 million
Historic Data - December 2012
Assets$132.88 million
Equity Capital$8.10 million
Loan Loss Allowance$1.40 million
Unbacked Noncurrent Loans$800,000
Real Estate Owned$11.60 million
Profit Margin - Quarterly
Net Interest Margin3.8%
Return on Assets0.12%
Return on Equity2.02%
Interest Income$3.97 million
Rates

Sorry, we do not have rate data for Signature Bank of Georgia

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