Bank of Alapaha


245 Ne Railroad St.
Alapaha, GA 31622
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.10% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bank of Alapaha is an FDIC insured institution located in Alapaha, GA. It was founded in 1905 and has approximately $0.23 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 155
Date Established 1905
Assets $ 225.24 million
Loans $ 113.62 million
Deposits $ 204.42 million
Capital $ 20.20 million

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

Deposit Rates - October 19, 2021

Your Current Location: Connecticut, CT 06828


Loan Rates - October 19, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Alapaha

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
NMLS ID: 330511
3.152% 3.125%
0.38 points
$875 fees
$1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Bank of Alapaha
To upload and update your bank's rates please register. It is free to register and add rates.


Bank of Alapaha 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:

Bank of Alapaha Locations

Climate Initiatives

Bank of Alapaha is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of Alapaha Ratio Analysis

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

Texas Ratio
Bank of Alapaha U.S. Bank Average
2.19% 4.78%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2021, Bank of Alapaha had $175,000 in non-current loans and $312,000 in owned real estate. To cover these potential losses it had $20,201,000 in equity and $2,051,000 in loans loss reserves. That gives it a Texas Ratio of 2.19%.

Return on Equity
Bank of Alapaha U.S. Bank Average
5.36% 11.29%

Bank of Alapaha has a Return on Equity of 5.36% versus the BestCashCow average of 11.29%. 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.

Bank of Alapaha U.S. Bank Average
8.97% 11.72%

Bank of Alapaha has a Capitalization of 8.97% versus the BestCashCow average of 11.72. 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.

Bank of Alapaha Balance Sheet Analysis

As of June 30, 2021, Bank of Alapaha had assets of $225,244,000, loans of $113,623,000, and deposits of $204,424,000. 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.

Summary Balance Sheet

June 30, 2021
Cash & Balances due from depository institutions $ 49.63 million
Interest-bearing balances $ 46.90 million
Total securities $ 48.58 million
Federal funds sold and reverse repurchase $ 5.08 million
Net loans and leases $ 113.62 million
Loan loss allowance $ 2.05 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.31 million
Goodwill and other intangibles N.A.
All other assets $ 2.10 million
     Total Assets $ 205.04 million
Total deposits $ 204.42 million
      Interest-bearing deposits $ 161.89 million
      Deposits held in domestic offices $ 204.42 million
      % insured (estimated) 76.43%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.62 million
      Total Liabilities $ 205.04 million
      Shareholders’ Equity $ 20.20 million

Summary Income Statement

June 30, 2021
Total Interest Income $ 3.48 million
Total Interest Expense $ 0.55 million
Net interest income $ 2.94 million
Provision for loan and lease losses $ 0.35 million
Total non interest income $ 0.34 million
Total non interest expense $ 2.29 million
Pre-tax Net Operating Income $ 0.63 million

Bank Loan Profile?

The top three loan types in Bank of Alapaha’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Farm Loans.

Compared to other banks in Georgia, Bank of Alapaha has a significantly higher percent of Commercial and Industrial 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 29.79
Credit Card Loans 0.00
Consumer Auto Loans 3.43
Small Business Loans 2.31
Construction and Development Loans 2.24
Commercial Real Estate 2.31
Commercial and Industrial Loans 33.07
Farm Loans 9.07

Frequently Asked Questions About Bank Of Alapaha

Branches and Savings

Is Bank Of Alapaha FDIC insured?

Yes. It is covered under FDIC Certificate #155.

Why does Bank Of Alapaha pay such low interest on savings accounts?

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

Why are Bank Of Alapaha CD rates not competitive?

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

Is Bank Of Alapaha a commercial bank?


Where are Bank Of Alapaha locations?

See branch locations nearby.

Is Bank Of Alapaha open on Saturdays?

Is Bank Of Alapaha open on Sundays?

What time does Bank Of Alapaha open?

What time does Bank Of Alapaha close?

Are Bank Of Alapaha ATMs Open 24/7?

Do Bank Of Alapaha ATMs accept cash deposits?

Can Bank Of Alapaha customers use other ATMs?

Do Bank Of Alapaha branches have notaries?

Will Bank Of Alapaha notarize my document?

What address for Bank Of Alapaha should I put for incoming ACH transfers?

Will the Bank Of Alapaha branch print checks?

Do Bank Of Alapaha checks expire?

Does Bank Of Alapaha require US citizenship to open account?

Can Bank Of Alapaha close my account?

Does Bank Of Alapaha Report to credit bureaus?

Does Bank Of Alapaha Use Equifax?

What is Bank Of Alapaha's ACH Routing Number?

What is Bank Of Alapaha's SWIFT code?


Does Bank Of Alapaha offer mortgages?

Compare mortgage rates here.

Does Bank Of Alapaha offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Alapaha offer personal loans?

Compare personal loan rates here.

Does Bank Of Alapaha offer student loans?

Will Bank Of Alapaha cash a check?

Will Bank Of Alapaha redeem a savings bond?

Does Bank Of Alapaha cash savings bonds?

Will Bank Of Alapaha cash money orders?

Can Bank Of Alapaha issue a money order?

Does Bank Of Alapaha do currency exchange?

Background on The Bank

Who owns Bank Of Alapaha?

How long has Bank Of Alapaha been around?

Can Bank Of Alapaha transfer to other banks?

Does Bank Of Alapaha have quick pay?

Does Bank Of Alapaha accept rolled coins?

Will Bank Of Alapaha accept loose change?

Where is Bank Of Alapaha headquarters?

Customer Reviews for Bank of Alapaha

There are currently no comments for Bank of Alapaha. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →