Community Bank of Georgia

Headquarters

700 West Parker Street
Baxley, GA 31513
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.40% 0.91% →
1-Year CD 1.00% 0.85% →
2-Year CD 1.00% 0.95% →
5-Year CD 1.00% 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

Community Bank of Georgia is an FDIC insured institution located in Baxley, GA. It was founded in 2004 and has approximately $0.14 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57579
Date Established 2004
Assets $ 138.73 million
Loans $ 99.80 million
Deposits $ 124.64 million
Capital $ 13.23 million
 

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

Deposit Rates - December 5, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.40% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.40% $10,000 $14,999 Learn More
Money Market
0.40% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.75% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
1.00% $10,000 $14,999 Learn More
12 Mo CD
1.00% $100,000 $199,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - December 5, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Community 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
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.696% 2.625% 0.75 $2,335 $1,005 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.558% 2.500% 0.75 $1,905 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Community 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


Community Bank of Georgia Locations


Financial Details

Community Bank of Georgia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community 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
Community Bank of Georgia U.S. Bank Average
13.44% 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, Community Bank of Georgia had $2,003,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,234,000 in equity and $1,673,000 in loans loss reserves. That gives it a Texas Ratio of 13.44%.

Return on Equity
Community Bank of Georgia U.S. Bank Average
13.11% 7.80%

Community Bank of Georgia has a Return on Equity of 13.11% 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
Community Bank of Georgia U.S. Bank Average
9.54% 12.68%

Community Bank of Georgia has a Capitalization of 9.54% 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.

Community Bank of Georgia Balance Sheet Analysis

As of March 31, 2020, Community Bank of Georgia had assets of $138,732,000, loans of $99,804,000, and deposits of $124,638,000. 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 $ 4.25 million
Interest-bearing balances N.A.
Total securities $ 18.80 million
Federal funds sold and reverse repurchase $ 13.34 million
Net loans and leases $ 99.80 million
Loan loss allowance $ 1.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.23 million
     Total Assets $ 125.50 million
LIABILITIES
Total deposits $ 124.64 million
      Interest-bearing deposits $ 108.83 million
      Deposits held in domestic offices $ 124.64 million
      % insured (estimated) 71.65%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.86 million
      Total Liabilities $ 125.50 million
      Shareholders’ Equity $ 13.23 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.80 million
Total Interest Expense $ 0.48 million
Net interest income $ 1.32 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.09 million
Total non interest expense $ 0.69 million
Pre-tax Net Operating Income $ 0.64 million

Bank Loan Profile?

The top three loan types in Community Bank of Georgia’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Georgia, Community Bank of Georgia has a significantly higher percent of Multifamily Mortgages 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 13.72
Multifamily
Mortgages
5.13
Credit Card Loans 0.00
Consumer Auto Loans 1.07
Small Business Loans 0.00
Construction and Development Loans 11.81
Commercial Real Estate 22.77
Commercial and Industrial Loans 9.25
Farm Loans 5.19

Frequently Asked Questions About Community Bank Of Georgia

Branches and Savings

Is Community Bank Of Georgia FDIC insured?

Yes. It is covered under FDIC Certificate #57579.

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

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

Is Community Bank Of Georgia a commercial bank?

Yes

Where are Community Bank Of Georgia locations?

See branch locations nearby.

Is Community Bank Of Georgia open on Saturdays?

Is Community Bank Of Georgia open on Sundays?

What time does Community Bank Of Georgia open?

What time does Community Bank Of Georgia close?

Are Community Bank Of Georgia ATMs Open 24/7?

Do Community Bank Of Georgia ATMs accept cash deposits?

Can Community Bank Of Georgia customers use other ATMs?

Do Community Bank Of Georgia branches have notaries?

Will Community Bank Of Georgia notarize my document?

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

Will the Community Bank Of Georgia branch print checks?

Do Community Bank Of Georgia checks expire?

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

Can Community Bank Of Georgia close my account?

Does Community Bank Of Georgia Report to credit bureaus?

Does Community Bank Of Georgia Use Equifax?

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

What is Community Bank Of Georgia's SWIFT code?

Products

Does Community Bank Of Georgia offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Bank Of Georgia offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Georgia offer student loans?

Will Community Bank Of Georgia cash a check?

Will Community Bank Of Georgia redeem a savings bond?

Does Community Bank Of Georgia cash savings bonds?

Will Community Bank Of Georgia cash money orders?

Can Community Bank Of Georgia issue a money order?

Does Community Bank Of Georgia do currency exchange?

Background on The Bank

Who owns Community Bank Of Georgia?

How long has Community Bank Of Georgia been around?

Can Community Bank Of Georgia transfer to other banks?

Does Community Bank Of Georgia have quick pay?

Does Community Bank Of Georgia accept rolled coins?

Will Community Bank Of Georgia accept loose change?

Where is Community Bank Of Georgia headquarters?

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