South Georgia Bank

South Georgia Bank is headquartered in Glennville and is the 134^th largest bank in the state of Georgia. It is also the 4,221^st largest bank in the nation. It was established in 1987 and as of March of 2012, it had grown to 42 employees at 4 locations. South Georgia Bank has a 3-star health rating.

South Georgia Bank Routing Number: 261291247

Data for Q1 2012

Institution Statistics South Georgia Bank FDIC Certificate # 32532 BankRate Report View Year Established 1987 Employees 42 Primary Regulator FDIC Assets and Liabilities Assets $131.15 million Loans $87.35 million Deposits $115.65 million Equity Capital $10.21 million Loan Loss Allowance $2.18 million Unbacked Noncurrent Loans $7.28 million Real Estate Owned $1.39 million Historic Data - March 2011 Assets $133.78 million Equity Capital $10.87 million Loan Loss Allowance $1.56 million Unbacked Noncurrent Loans $9.33 million Real Estate Owned $1.98 million Profit Margin - Quarterly Net Interest Margin 4.94% Return on Assets 0% Return on Equity 0.04% Interest Income $1.78 million

Institution Health Overall Score: 3 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 South Georgia Bank had $8.66 million in non-current loans and owned real-estate with $12.39 million in equity and loan loss allowances on hand to cover it. This gives South Georgia Bank a Texas Ratio of 69.93% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for South Georgia Bank decreased slightly from 90.98% as of March 31, 2011 to 69.93% as of March 31, 2012, resulting in a positive change of 23.14%.This indicates that the balance sheet and financial strength for South Georgia Bank has improved slightly in recent periods. Deposit Growth In the past year, South Georgia Bank has decreased its total deposits by -$1.89 million, resulting in -1.61% 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 South Georgia Bank has shown is below 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. South Georgia Bank has $131.15 million in assets with $12.39 million in equity, resulting in a capitalization level of 9.45%, which is average.

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