Bank of Atlanta

1349 West Peachtree Street, Suite 100
Atlanta, GA 30309

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 32362
Date Established 1966
Assets $0.19 billion
Loans $0.12 billion
Deposits $0.15 billion
Capital $0.03 billion

Bank of Atlanta is an FDIC insured institution located in Atlanta, GA. It was founded in 1966 and has approximately $0.19 billion in assets.

For a more detailed analysis of Bank of Atlanta'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 Bank of Atlanta’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks, Bank of Atlanta’s loan portfolio does not show any specific loan specialty.

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 37.77
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.16
Small Business Loans 11.17
Construction and Development Loans 4.47
Commercial Real Estate 45.27
Commercial and Industrial Loans 10.97
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

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


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Atlanta

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
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $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

Note to Bank of Atlanta
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Branches

Bank of Atlanta 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


Bank Of Atlanta Locations

Financial Details

Bank of Atlanta Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Atlanta. 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
Bank of Atlanta U.S. Bank Average
25.43% 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, Bank of Atlanta had $4,109,000 in non-current loans and $2,960,000 in owned real estate. To cover these potential losses it had $25,655,000 in equity and $2,144,000 in loans loss reserves. That gives it a Texas Ratio of 25.43%. 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
Bank of Atlanta U.S. Bank Average
3.49% 8.58

Bank of Atlanta has a Return on Equity of 3.49% 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
Bank of Atlanta U.S. Bank Average
13.79% 12.11

Bank of Atlanta has a Capitalization of 13.79% 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.

Bank of Atlanta Balance Sheet Analysis

As of September 30, 2014, Bank of Atlanta had assets of $186,104,000, loans of $124,218,000, and deposits of $148,463,000. 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 Bank of Atlanta

Branches and Savings

Is Bank of Atlanta FDIC insured?

Yes. It is covered under FDIC Certificate #32362.

Why does Bank of Atlanta 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 Atlanta CD rates not competitive?

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

Is Bank of Atlanta a commercial bank?

Yes

Where are Bank of Atlanta locations?

See branch locations nearby.

Is Bank of Atlanta open on Saturdays?

Is Bank of Atlanta open on Sundays?

What time does Bank of Atlanta open?

What time does Bank of Atlanta close?

Are Bank of Atlanta ATMs Open 24/7?

Do Bank of Atlanta ATMs accept cash deposits?

Can Bank of Atlanta customers use other ATMs?

Do Bank of Atlanta branches have notaries?

Will Bank of Atlanta notarize my document?

What address for Bank of Atlanta should I put for incoming ACH transfers?

Will the Bank of Atlanta branch print checks?

Do Bank of Atlanta checks expire?

Does Bank of Atlanta require US citizenship to open account?

Can Bank of Atlanta close my account?

Does Bank of Atlanta Report to credit bureaus?

Does Bank of Atlanta Use Equifax?

What is Bank of Atlanta's ACH Routing Number?

What is Bank of Atlanta's SWIFT code?

Products

Does Bank of Atlanta offer mortgages?

Compare mortgage rates here.

Does Bank of Atlanta offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Atlanta offer personal loans?

Compare personal loan rates here.

Does Bank of Atlanta offer student loans?

Will Bank of Atlanta cash a check?

Will Bank of Atlanta redeem a savings bond?

Does Bank of Atlanta cash savings bonds?

Will Bank of Atlanta cash money orders?

Can Bank of Atlanta issue a money order?

Does Bank of Atlanta do currency exchange?

Background on The Bank

Who owns Bank of Atlanta?

How long has Bank of Atlanta been around?

Can Bank of Atlanta transfer to other banks?

Does Bank of Atlanta have quick pay?

Does Bank of Atlanta accept rolled coins?

Will Bank of Atlanta accept loose change?

Where is Bank of Atlanta headquarters?

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