South Georgia Banking Company is headquartered in Omega and is the 32nd largest bank in the state of Georgia. It is also the 1,618th largest bank in the nation. It was established in 1937 and as of June of 2020, it had grown to 118 employees at 8 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 Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 20198 |
| Year Established | 1937 |
| Employees | 118 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 6.6% |
| Annual Interest Income | $8.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $496.5MM$446.4MM |
| Loans | Q2 2020vs Q2 2019 | $270.7MM$226.8MM |
| Deposits | Q2 2020vs Q2 2019 | $426.7MM$379.7MM |
| Equity Capital | Q2 2020vs Q2 2019 | $67.4MM$64.9MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.7MM$3.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.2MM$1.0MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $1.4MM$809.00K |