The Bank of La Fayette, Georgia

The Bank of La Fayette, Georgia is headquartered in La Fayette and is the 69^th largest bank in the state of Georgia. It is also the 2,650^th largest bank in the nation. It was established in 1899 and as of March of 2012, it had grown to 61 employees at 3 locations. The Bank of La Fayette, Georgia has a 5-star health rating.

Data for Q1 2012

Institution Statistics The Bank of La Fayette, Georgia FDIC Certificate # 9245 BankRate Report View Year Established 1899 Employees 61 Primary Regulator FDIC Assets and Liabilities Assets $243.01 million Loans $79.85 million Deposits $209.98 million Equity Capital $30.22 million Loan Loss Allowance $2.57 million Unbacked Noncurrent Loans $2.31 million Real Estate Owned $62,000 Historic Data - March 2011 Assets $214.12 million Equity Capital $27.74 million Loan Loss Allowance $2.48 million Unbacked Noncurrent Loans $5.89 million Real Estate Owned $664,000 Profit Margin - Quarterly Net Interest Margin 3.06% Return on Assets 1.06% Return on Equity 8.19% Interest Income $2.18 million

Institution Health Overall Score: 5 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 The Bank of La Fayette, Georgia had $2.37 million in non-current loans and owned real-estate with $32.8 million in equity and loan loss allowances on hand to cover it. This gives The Bank of La Fayette, Georgia a Texas Ratio of 7.22% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Bank of La Fayette, Georgia decreased significantly from 21.70% as of March 31, 2011 to 7.22% as of March 31, 2012, resulting in a positive change of 66.73%.This indicates that the balance sheet and financial strength for The Bank of La Fayette, Georgia has improved significantly in recent periods. Deposit Growth In the past year, The Bank of La Fayette, Georgia has increased its total deposits by $26.02 million, resulting in 14.14% 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 The Bank of La Fayette, Georgia has shown is excellent. 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. The Bank of La Fayette, Georgia has $243.01 million in assets with $32.8 million in equity, resulting in a capitalization level of 13.50%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.