Central Bank of Georgia

Headquarters

285 South Broad Street
Ellaville, GA 31806
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Central Bank of Georgia is an FDIC insured institution located in Ellaville, GA. It was founded in 1910 and has approximately $0.28 billion in assets.

FDIC Insured Yes
FDIC Certificate # 5687
Date Established 1910
Assets $ 278.86 million
Loans $ 175.90 million
Deposits $ 266.59 million
Capital $ 1.39 million
 

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

Deposit Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

 

Loan Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Central Bank of Georgia

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
2.617% 2.500% 0.88 $3,862 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Central Bank of Georgia 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


Central Bank of Georgia Locations


Financial Details

Central Bank of Georgia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central Bank of Georgia. 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
Central Bank of Georgia U.S. Bank Average
321.28% 6.94%

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 March 31, 2020, Central Bank of Georgia had $29,583,000 in non-current loans and $12,755,000 in owned real estate. To cover these potential losses it had $1,392,000 in equity and $11,786,000 in loans loss reserves. That gives it a Texas Ratio of 321.28%.

Return on Equity
Central Bank of Georgia U.S. Bank Average
-179.82% 7.80%

Central Bank of Georgia has a Return on Equity of -179.82% versus the BestCashCow average of 7.80%. 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
Central Bank of Georgia U.S. Bank Average
0.5% 12.68%

Central Bank of Georgia has a Capitalization of 0.5% versus the BestCashCow average of 12.68. 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.

Central Bank of Georgia Balance Sheet Analysis

As of December 31, 2011, Central Bank of Georgia had assets of $278,860,000, loans of $175,896,000, and deposits of $266,589,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 175.90 million
Loan loss allowance $ 11.79 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 12.76 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 266.59 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 278.86 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Central Bank of Georgia’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Central Bank of Georgia’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Central Bank Of Georgia

Branches and Savings

Is Central Bank Of Georgia FDIC insured?

Yes. It is covered under FDIC Certificate #5687.

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

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

Why are Central Bank Of Georgia CD rates not competitive?

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

Is Central Bank Of Georgia a commercial bank?

Yes

Where are Central Bank Of Georgia locations?

See branch locations nearby.

Is Central Bank Of Georgia open on Saturdays?

Is Central Bank Of Georgia open on Sundays?

What time does Central Bank Of Georgia open?

What time does Central Bank Of Georgia close?

Are Central Bank Of Georgia ATMs Open 24/7?

Do Central Bank Of Georgia ATMs accept cash deposits?

Can Central Bank Of Georgia customers use other ATMs?

Do Central Bank Of Georgia branches have notaries?

Will Central Bank Of Georgia notarize my document?

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

Will the Central Bank Of Georgia branch print checks?

Do Central Bank Of Georgia checks expire?

Does Central Bank Of Georgia require US citizenship to open account?

Can Central Bank Of Georgia close my account?

Does Central Bank Of Georgia Report to credit bureaus?

Does Central Bank Of Georgia Use Equifax?

What is Central Bank Of Georgia's ACH Routing Number?

What is Central Bank Of Georgia's SWIFT code?

Products

Does Central Bank Of Georgia offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Central Bank Of Georgia offer personal loans?

Compare personal loan rates here.

Does Central Bank Of Georgia offer student loans?

Will Central Bank Of Georgia cash a check?

Will Central Bank Of Georgia redeem a savings bond?

Does Central Bank Of Georgia cash savings bonds?

Will Central Bank Of Georgia cash money orders?

Can Central Bank Of Georgia issue a money order?

Does Central Bank Of Georgia do currency exchange?

Background on The Bank

Who owns Central Bank Of Georgia?

How long has Central Bank Of Georgia been around?

Can Central Bank Of Georgia transfer to other banks?

Does Central Bank Of Georgia have quick pay?

Does Central Bank Of Georgia accept rolled coins?

Will Central Bank Of Georgia accept loose change?

Where is Central Bank Of Georgia headquarters?

Customer Reviews for Central Bank of Georgia

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

Add Your Review

Rate it here →