Greater Community Bank is headquartered in Rome and is the 67th largest bank in the state of Georgia. It is also the 2,522nd largest bank in the nation. It was established in 1996 and as of March of 2021, it had grown to 52 employees at 4 locations. Greater Community Bank has an A+ health rating.
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Local Bank Local Decisions---NOT CONSUMERS BEWARE
With the economic downfall spiraling before us-you would think a local bank would not threat, harass or abuse their authority in the banking industry to force someone into BANKRUPTCY. We have banked their since they opened their doors. In the beginning it was a big happy family who was their to help you meet your needs and their desire was to build long lasting, trusting relationships. Those officers were in the public's eyes- making that bank the best it could be until one day...arrived a new president not from Rome, who is there to clean up the books-
He will do anything to anyone to get what he wants - why do you think that over half of the employees are not there anymore...officers are leaving and retiring...,they know what he is about.
Consumers beware....this is NOT local bank it once was....take your money out and RUN!
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34138 |
| Year Established | 1996 |
| Employees | 52 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 13.1% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $288.5MM$228.9MM |
| Loans | Q1 2021vs Q1 2020 | $206.5MM$178.6MM |
| Deposits | Q1 2021vs Q1 2020 | $249.6MM$187.0MM |
| Equity Capital | Q1 2021vs Q1 2020 | $27.0MM$22.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $3.4MM$2.4MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $93.00K$281.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $25.00K$352.00K |