Georgia Bank & Trust Company of Augusta

Headquarters

3530 Wheeler Road
Augusta, GA 30909
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Georgia Bank & Trust Company of Augusta is an FDIC insured institution located in Augusta, GA. It was founded in 1989 and has approximately $1.84 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27574
Date Established 1989
Assets $ 1,896.51 million
Loans $ 1,075.71 million
Deposits $ 1,538.76 million
Capital $ 188.17 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Georgia Bank & Trust Company of Augusta

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut 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
2.990 %
$0 Learn More
More Info

Note to Georgia Bank & Trust Company of Augusta
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Branches

Georgia Bank & Trust Company of Augusta 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:
Fairfield,Connecticut


Georgia Bank & Trust Company of Augusta Locations


Financial Details

Georgia Bank & Trust Company of Augusta Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Georgia Bank & Trust Company of Augusta. 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
Georgia Bank & Trust Company of Augusta U.S. Bank Average
6.07% 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, Georgia Bank & Trust Company of Augusta had $12,050,000 in non-current loans and $580,000 in owned real estate. To cover these potential losses it had $188,169,000 in equity and $20,073,000 in loans loss reserves. That gives it a Texas Ratio of 6.07%.

Return on Equity
Georgia Bank & Trust Company of Augusta U.S. Bank Average
11.01% 7.80%

Georgia Bank & Trust Company of Augusta has a Return on Equity of 11.01% 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
Georgia Bank & Trust Company of Augusta U.S. Bank Average
9.92% 12.68%

Georgia Bank & Trust Company of Augusta has a Capitalization of 9.92% 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.

Georgia Bank & Trust Company of Augusta Balance Sheet Analysis

As of December 31, 2016, Georgia Bank & Trust Company of Augusta had assets of $1,837,265,000, loans of $1,075,709,000, and deposits of $1,538,760,000. 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 $ 1,075.71 million
Loan loss allowance $ 20.07 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.58 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,538.76 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 $ 1,896.51 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 Georgia Bank & Trust Company of Augusta’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Georgia, Georgia Bank & Trust Company of Augusta has a significantly higher percent of Small Business 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 29.16
Multifamily
Mortgages
2.48
Credit Card Loans 0.00
Consumer Auto Loans 0.94
Small Business Loans 11.85
Construction and Development Loans 16.02
Commercial Real Estate 38.27
Commercial and Industrial Loans 10.88
Farm Loans 0.07

Frequently Asked Questions About Georgia Bank & Trust Company Of Augusta

Branches and Savings

Is Georgia Bank & Trust Company Of Augusta FDIC insured?

Yes. It is covered under FDIC Certificate #27574.

Why does Georgia Bank & Trust Company Of Augusta pay such low interest on savings accounts?

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

Why are Georgia Bank & Trust Company Of Augusta CD rates not competitive?

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

Is Georgia Bank & Trust Company Of Augusta a commercial bank?

Yes

Where are Georgia Bank & Trust Company Of Augusta locations?

See branch locations nearby.

Is Georgia Bank & Trust Company Of Augusta open on Saturdays?

Is Georgia Bank & Trust Company Of Augusta open on Sundays?

What time does Georgia Bank & Trust Company Of Augusta open?

What time does Georgia Bank & Trust Company Of Augusta close?

Are Georgia Bank & Trust Company Of Augusta ATMs Open 24/7?

Do Georgia Bank & Trust Company Of Augusta ATMs accept cash deposits?

Can Georgia Bank & Trust Company Of Augusta customers use other ATMs?

Do Georgia Bank & Trust Company Of Augusta branches have notaries?

Will Georgia Bank & Trust Company Of Augusta notarize my document?

What address for Georgia Bank & Trust Company Of Augusta should I put for incoming ACH transfers?

Will the Georgia Bank & Trust Company Of Augusta branch print checks?

Do Georgia Bank & Trust Company Of Augusta checks expire?

Does Georgia Bank & Trust Company Of Augusta require US citizenship to open account?

Can Georgia Bank & Trust Company Of Augusta close my account?

Does Georgia Bank & Trust Company Of Augusta Report to credit bureaus?

Does Georgia Bank & Trust Company Of Augusta Use Equifax?

What is Georgia Bank & Trust Company Of Augusta's ACH Routing Number?

What is Georgia Bank & Trust Company Of Augusta's SWIFT code?

Products

Does Georgia Bank & Trust Company Of Augusta offer mortgages?

Compare mortgage rates here.

Does Georgia Bank & Trust Company Of Augusta offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Georgia Bank & Trust Company Of Augusta offer personal loans?

Compare personal loan rates here.

Does Georgia Bank & Trust Company Of Augusta offer student loans?

Will Georgia Bank & Trust Company Of Augusta cash a check?

Will Georgia Bank & Trust Company Of Augusta redeem a savings bond?

Does Georgia Bank & Trust Company Of Augusta cash savings bonds?

Will Georgia Bank & Trust Company Of Augusta cash money orders?

Can Georgia Bank & Trust Company Of Augusta issue a money order?

Does Georgia Bank & Trust Company Of Augusta do currency exchange?

Background on The Bank

Who owns Georgia Bank & Trust Company Of Augusta?

How long has Georgia Bank & Trust Company Of Augusta been around?

Can Georgia Bank & Trust Company Of Augusta transfer to other banks?

Does Georgia Bank & Trust Company Of Augusta have quick pay?

Does Georgia Bank & Trust Company Of Augusta accept rolled coins?

Will Georgia Bank & Trust Company Of Augusta accept loose change?

Where is Georgia Bank & Trust Company Of Augusta headquarters?

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