Atlantic National Bank

710 Gloucester Street
Brunswick, GA 31520

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34677
Date Established 1998
Assets $0.17 billion
Loans $0.09 billion
Deposits $0.15 billion
Capital $0.02 billion

Atlantic National Bank is an FDIC insured institution located in Brunswick, GA. It was founded in 1998 and has approximately $0.17 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Atlantic National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Atlantic National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Georgia, Atlantic National Bank has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 57.08
Multifamily
Mortgages
0.31
Credit Card Loans 0.00
Consumer Auto Loans 0.28
Small Business Loans 15.29
Construction and Development Loans 14.93
Commercial Real Estate 18.29
Commercial and Industrial Loans 8.94
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Atlantic National Bank, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Atlantic National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $628 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More
Flagstar Bank 4.990% $268.11 Learn More

Note to Atlantic National Bank
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Branches

Atlantic National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Atlantic National Bank Locations

Financial Details

Atlantic National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Atlantic National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Atlantic National Bank U.S. Bank Average
3.69% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Atlantic National Bank had $357,000 in non-current loans and $390,000 in owned real estate. To cover these potential losses it had $18,945,000 in equity and $1,322,000 in loans loss reserves. That gives it a Texas Ratio of 3.69%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Atlantic National Bank U.S. Bank Average
9.15% 8.58

Atlantic National Bank has a Return on Equity of 9.15% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Atlantic National Bank U.S. Bank Average
10.96% 12.11

Atlantic National Bank has a Capitalization of 10.96% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Atlantic National Bank Balance Sheet Analysis

As of June 30, 2017, Atlantic National Bank had assets of $170,750,000, loans of $94,862,000, and deposits of $149,347,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Atlantic National Bank

Branches and Savings

Is Atlantic National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34677.

Why does Atlantic National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Atlantic National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Atlantic National Bank a commercial bank?

Yes

Where are Atlantic National Bank locations?

See branch locations nearby.

Is Atlantic National Bank open on Saturdays?

Is Atlantic National Bank open on Sundays?

What time does Atlantic National Bank open?

What time does Atlantic National Bank close?

Are Atlantic National Bank ATMs Open 24/7?

Do Atlantic National Bank ATMs accept cash deposits?

Can Atlantic National Bank customers use other ATMs?

Do Atlantic National Bank branches have notaries?

Will Atlantic National Bank notarize my document?

What address for Atlantic National Bank should I put for incoming ACH transfers?

Will the Atlantic National Bank branch print checks?

Do Atlantic National Bank checks expire?

Does Atlantic National Bank require US citizenship to open account?

Can Atlantic National Bank close my account?

Does Atlantic National Bank Report to credit bureaus?

Does Atlantic National Bank Use Equifax?

What is Atlantic National Bank's ACH Routing Number?

What is Atlantic National Bank's SWIFT code?

Products

Does Atlantic National Bank offer mortgages?

Compare mortgage rates here.

Does Atlantic National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Atlantic National Bank offer personal loans?

Compare personal loan rates here.

Does Atlantic National Bank offer student loans?

Will Atlantic National Bank cash a check?

Will Atlantic National Bank redeem a savings bond?

Does Atlantic National Bank cash savings bonds?

Will Atlantic National Bank cash money orders?

Can Atlantic National Bank issue a money order?

Does Atlantic National Bank do currency exchange?

Background on The Bank

Who owns Atlantic National Bank?

How long has Atlantic National Bank been around?

Can Atlantic National Bank transfer to other banks?

Does Atlantic National Bank have quick pay?

Does Atlantic National Bank accept rolled coins?

Will Atlantic National Bank accept loose change?

Where is Atlantic National Bank headquarters?

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