Newton Federal Bank is headquartered in Covington and is the 20th largest bank in the state of Georgia. It is also the 1,226th largest bank in the nation. It was established in 1928 and as of June of 2022, it had grown to 98 employees at 3 locations. Newton Federal Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 29510 |
Year Established | 1928 |
Employees | 98 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.96% |
Return on Equity - YTD | 7.23% |
Annual Interest Income | $14.9MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $766.4MM$786.7MM |
Loans | Q2 2022vs Q2 2021 | $614.4MM$582.3MM |
Deposits | Q2 2022vs Q2 2021 | $633.1MM$626.0MM |
Equity Capital | Q2 2022vs Q2 2021 | $102.5MM$99.8MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $9.0MM$7.4MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $7.0MM$4.6MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $3.5MM$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.50%* | - | $50k | Kasasa Saver | ||
OTHER TIERS: 0.25% → $50k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $40k | Kasasa Cash Checking | ||
OTHER TIERS: 0.25% → $40k+ |
Newton Federal Bank Locations | ||
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Affinity Bank Branch | 400 Galleria Parkway Se, Suite 900 | Atlanta, GA 30339 |