Overview / Commentary
Georgia Primary Bank is headquartered in Atlanta and is the 65th largest bank in the state of Georgia. It is also the 2,484th largest bank in the nation. It was established in 2007 and as of June of 2020, it had grown to 36 employees at 2 locations. Georgia Primary Bank has an A health rating.
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Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58523 |
| Year Established | 2007 |
| Employees | 36 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 8.37% |
| Annual Interest Income | $5.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $278.2MM$198.4MM |
| Loans | Q2 2020vs Q2 2019 | $212.6MM$146.7MM |
| Deposits | Q2 2020vs Q2 2019 | $229.0MM$171.7MM |
| Equity Capital | Q2 2020vs Q2 2019 | $23.0MM$24.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $2.2MM$2.0MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $316.00K$302.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |