SouthCrest Bank

SouthCrest Bank is headquartered in Thomaston and is the 49^th largest bank in the state of Georgia. It is also the 1,985^th largest bank in the nation. It was established in 1951 and as of March of 2012, it had grown to 95 employees at 7 locations. SouthCrest Bank has a 3-star health rating.

SouthCrest Bank Checking Account Rates

Data for Q1 2012

Institution Statistics Bank of Upson FDIC Certificate # 17041 BankRate Report View Year Established 1951 Employees 95 Primary Regulator FDIC Assets and Liabilities Assets $327.88 million Loans $164.47 million Deposits $293.00 million Equity Capital $31.47 million Loan Loss Allowance $3.57 million Unbacked Noncurrent Loans $9.99 million Real Estate Owned $4.16 million Historic Data - March 2011 Assets $344.97 million Equity Capital $29.58 million Loan Loss Allowance $6.50 million Unbacked Noncurrent Loans $12.77 million Real Estate Owned $4.98 million Profit Margin - Quarterly Net Interest Margin 3.56% Return on Assets 0.63% Return on Equity 6.48% Interest Income $2.96 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 SouthCrest Bank had $14.15 million in non-current loans and owned real-estate with $35.04 million in equity and loan loss allowances on hand to cover it. This gives SouthCrest Bank a Texas Ratio of 40.38% 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 SouthCrest Bank decreased slightly from 49.20% as of March 31, 2011 to 40.38% as of March 31, 2012, resulting in a positive change of 17.94%.This indicates that the balance sheet and financial strength for SouthCrest Bank has improved slightly in recent periods. Deposit Growth In the past year, SouthCrest Bank has decreased its total deposits by -$18.71 million, resulting in -6% 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 SouthCrest Bank has shown is poor. 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. SouthCrest Bank has $327.88 million in assets with $35.04 million in equity, resulting in a capitalization level of 10.69%, which is above average.

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