Northeast Georgia Bank
Northeast Georgia Bank
Overview / Commentary
Northeast Georgia Bank is headquartered in Lavonia and is the 31st largest bank in the state of Georgia. It is also the 1,542nd largest bank in the nation. It was established in 1934 and as of June of 2018, it had grown to 100 employees at 12 locations. Northeast Georgia Bank has a B+ health rating.
Reviews (1)
Perks of Banking Local
Posted by: Lovendexis | Dec 6, 2017
Anytime I have questions or concerns, I can go in or call and I am able to deal with people who know me by name. If I have ever had an issue with my account, they are quick to help resolve it. I am always greeted by name at the drive through or interior teller windows. Because it is a smaller, local bank, I feel they are more willing to help since they personally know their customers.
Health
B+
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15771 |
| Year Established | 1934 |
| Employees | 100 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.45% |
| Return on Equity - YTD | 15.46% |
| Annual Interest Income | $8.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $457.3MM$474.0MM |
| Loans | Q2 2018vs Q2 2017 | $232.1MM$218.8MM |
| Deposits | Q2 2018vs Q2 2017 | $410.3MM$425.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $43.6MM$42.8MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $3.0MM$2.8MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $2.1MM$4.0MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $1.1MM$2.4MM |
Rates
Sorry, we do not have rate data for Northeast Georgia Bank.
