Century Bank of Georgia

215 East Main Street
Cartersville, GA 30120

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35236
Date Established 2000
Assets $0.19 billion
Loans $0.10 billion
Deposits $0.17 billion
Capital $0.02 billion

Century Bank of Georgia is an FDIC insured institution located in Cartersville, GA. It was founded in 2000 and has approximately $0.19 billion in assets. Customers can open an account at one of its 3 branches.

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

Compared to other banks in Georgia, Century Bank of Georgia has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 18.60
Multifamily
Mortgages
1.47
Credit Card Loans 0.00
Consumer Auto Loans 1.22
Small Business Loans 31.67
Construction and Development Loans 3.27
Commercial Real Estate 60.06
Commercial and Industrial Loans 14.44
Farm Loans 0.01

Deposit Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.55% $1,000 $9,999 Learn MoreShow Less
Money Market
0.65% $10,000 $24,999 Learn MoreShow Less
Money Market
0.90% $25,000 $199,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.35% $1,000 - Learn MoreShow Less
6 Mo CD
0.50% $1,000 - Learn MoreShow Less
12 Mo CD
1.02% $1,000 - Learn MoreShow Less
24 Mo CD
1.22% $1,000 - Learn MoreShow Less
36 Mo CD
1.27% $1,000 - Learn MoreShow Less
48 Mo CD
1.27% $1,000 - Learn MoreShow Less
60 Mo CD
1.27% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.02% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Century 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Century Bank of Georgia
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Branches

Century 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


Century Bank of Georgia Locations


Financial Details

Century Bank of Georgia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Century 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
Century Bank of Georgia U.S. Bank Average
1.72% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, Century Bank of Georgia had $41,000 in non-current loans and $351,000 in owned real estate. To cover these potential losses it had $21,253,000 in equity and $1,570,000 in loans loss reserves. That gives it a Texas Ratio of 1.72%.

Return on Equity
Century Bank of Georgia U.S. Bank Average
12.91% 8.80%

Century Bank of Georgia has a Return on Equity of 12.91% versus the BestCashCow average of 8.80%. 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
Century Bank of Georgia U.S. Bank Average
11.02% 12.29%

Century Bank of Georgia has a Capitalization of 11.02% versus the BestCashCow average of 12.29. 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.

Century Bank of Georgia Balance Sheet Analysis

As of December 31, 2018, Century Bank of Georgia had assets of $192,778,000, loans of $98,074,000, and deposits of $170,701,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.04 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.10 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.17 billion
LIABILITIES
Total deposits $0.17 billion
      Interest-bearing deposits $0.11 billion
      Deposits held in domestic offices $0.17 billion
      % insured (estimated) 81.66%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.17 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Century Bank Of Georgia

Branches and Savings

Is Century Bank Of Georgia FDIC insured?

Yes. It is covered under FDIC Certificate #35236.

Why does Century 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 Century Bank Of Georgia CD rates not competitive?

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

Is Century Bank Of Georgia a commercial bank?

Yes

Where are Century Bank Of Georgia locations?

See branch locations nearby.

Is Century Bank Of Georgia open on Saturdays?

Is Century Bank Of Georgia open on Sundays?

What time does Century Bank Of Georgia open?

What time does Century Bank Of Georgia close?

Are Century Bank Of Georgia ATMs Open 24/7?

Do Century Bank Of Georgia ATMs accept cash deposits?

Can Century Bank Of Georgia customers use other ATMs?

Do Century Bank Of Georgia branches have notaries?

Will Century Bank Of Georgia notarize my document?

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

Will the Century Bank Of Georgia branch print checks?

Do Century Bank Of Georgia checks expire?

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

Can Century Bank Of Georgia close my account?

Does Century Bank Of Georgia Report to credit bureaus?

Does Century Bank Of Georgia Use Equifax?

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

What is Century Bank Of Georgia's SWIFT code?

Products

Does Century Bank Of Georgia offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Century Bank Of Georgia offer personal loans?

Compare personal loan rates here.

Does Century Bank Of Georgia offer student loans?

Will Century Bank Of Georgia cash a check?

Will Century Bank Of Georgia redeem a savings bond?

Does Century Bank Of Georgia cash savings bonds?

Will Century Bank Of Georgia cash money orders?

Can Century Bank Of Georgia issue a money order?

Does Century Bank Of Georgia do currency exchange?

Background on The Bank

Who owns Century Bank Of Georgia?

How long has Century Bank Of Georgia been around?

Can Century Bank Of Georgia transfer to other banks?

Does Century Bank Of Georgia have quick pay?

Does Century Bank Of Georgia accept rolled coins?

Will Century Bank Of Georgia accept loose change?

Where is Century Bank Of Georgia headquarters?

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