South Georgia Banking Company is headquartered in Omega and is the 28th largest bank in the state of Georgia. It is also the 1,511th largest bank in the nation. It was established in 1937 and as of December of 2019, it had grown to 116 employees at 7 locations. South Georgia Banking Company has an A health rating.
Banking in Vienna, Ga
I have been banking with South Georgia Banking for 3 years. My mom had some accounts there and when she transitioned, I inherited those accounts. The people there were so kind as I went through the process of putting those accounts in my name. I have two CDs, and a checking account there. Just recently, I went to transfer a savings account to a CD and the customer service was superb. This bank is located in the town where I reside, so I don't have to go far to do my banking and it also has a website where you can check on your accounts if you don't have the time to actually go to the bank. The website is user friendly. There is nothing like banking in a small town. All of the employees know you and your family, to them you are a person and not just another patron.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20198 |
| Year Established | 1937 |
| Employees | 116 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 8.63% |
| Annual Interest Income | $17.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $474.0MM$468.2MM |
| Loans | Q4 2019vs Q4 2018 | $235.1MM$224.4MM |
| Deposits | Q4 2019vs Q4 2018 | $407.7MM$405.0MM |
| Equity Capital | Q4 2019vs Q4 2018 | $65.1MM$62.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $3.6MM$3.7MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $2.4MM$1.1MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $809.00K$1.1MM |