Georgia Primary Bank

Overview / Commentary

www.georgiaprimarybank.com

404-231-4100

3880 Roswell Road
Atlanta, GA 30342

Georgia Primary Bank is headquartered in Atlanta and is the 72^nd largest bank in the state of Georgia. It is also the 2,574^th largest bank in the nation. It was established in 2007 and as of June of 2022, it had grown to 40 employees at 2 locations. Georgia Primary Bank has an A health rating.

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2019
2009

4/2 - 3.25% IRA Promotion

12/31 - Competitive Money Market, Checking and CD Rates at Georgia Primary Bank - Local Only

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Health

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #	58523
Year Established	2007
Employees	40
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.95%
Return on Equity - YTD	10.41%
Annual Interest Income	$5.7MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$281.3MM$273.4MM
Loans	Q2 2022vs Q2 2021	$203.7MM$195.4MM
Deposits	Q2 2022vs Q2 2021	$251.8MM$242.7MM
Equity Capital	Q2 2022vs Q2 2021	$25.0MM$25.1MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$2.7MM$2.7MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$0$104.00K
Real Estate Owned	Q2 2022vs Q2 2021	$0$0

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