Georgia Commerce Bank

Headquarters

3625 Cumberland Boulevard, Building Two
Atlanta, GA 30339
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 Commerce Bank is an FDIC insured institution located in Atlanta, GA. It was founded in 2003 and has approximately $1.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57521
Date Established 2003
Assets $ 1,074.67 million
Loans $ 785.15 million
Deposits $ 918.49 million
Capital $ 118.54 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Georgia Commerce Bank

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 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
2.990 %
$0 Learn More
More Info

Note to Georgia Commerce Bank
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Branches

Georgia Commerce Bank 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


Georgia Commerce Bank Locations


Financial Details

Georgia Commerce Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Georgia Commerce Bank. 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 Commerce Bank U.S. Bank Average
12.5% 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 Commerce Bank had $7,719,000 in non-current loans and $8,054,000 in owned real estate. To cover these potential losses it had $118,539,000 in equity and $7,671,000 in loans loss reserves. That gives it a Texas Ratio of 12.5%.

Return on Equity
Georgia Commerce Bank U.S. Bank Average
11.58% 7.80%

Georgia Commerce Bank has a Return on Equity of 11.58% 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 Commerce Bank U.S. Bank Average
11.03% 12.68%

Georgia Commerce Bank has a Capitalization of 11.03% 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 Commerce Bank Balance Sheet Analysis

As of March 31, 2015, Georgia Commerce Bank had assets of $1,074,665,000, loans of $785,147,000, and deposits of $918,490,000. 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 $ 785.15 million
Loan loss allowance $ 7.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 8.05 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 918.49 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 $ 1,074.67 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 Commerce Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Georgia, Georgia Commerce Bank has a significantly higher percent of Commercial and Industrial 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 17.19
Multifamily
Mortgages
3.72
Credit Card Loans 0.00
Consumer Auto Loans 0.05
Small Business Loans 7.69
Construction and Development Loans 11.82
Commercial Real Estate 29.28
Commercial and Industrial Loans 38.04
Farm Loans 0.00

Frequently Asked Questions About Georgia Commerce Bank

Branches and Savings

Is Georgia Commerce Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57521.

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

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

Why are Georgia Commerce Bank CD rates not competitive?

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

Is Georgia Commerce Bank a commercial bank?

Yes

Where are Georgia Commerce Bank locations?

See branch locations nearby.

Is Georgia Commerce Bank open on Saturdays?

Is Georgia Commerce Bank open on Sundays?

What time does Georgia Commerce Bank open?

What time does Georgia Commerce Bank close?

Are Georgia Commerce Bank ATMs Open 24/7?

Do Georgia Commerce Bank ATMs accept cash deposits?

Can Georgia Commerce Bank customers use other ATMs?

Do Georgia Commerce Bank branches have notaries?

Will Georgia Commerce Bank notarize my document?

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

Will the Georgia Commerce Bank branch print checks?

Do Georgia Commerce Bank checks expire?

Does Georgia Commerce Bank require US citizenship to open account?

Can Georgia Commerce Bank close my account?

Does Georgia Commerce Bank Report to credit bureaus?

Does Georgia Commerce Bank Use Equifax?

What is Georgia Commerce Bank's ACH Routing Number?

What is Georgia Commerce Bank's SWIFT code?

Products

Does Georgia Commerce Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Georgia Commerce Bank offer personal loans?

Compare personal loan rates here.

Does Georgia Commerce Bank offer student loans?

Will Georgia Commerce Bank cash a check?

Will Georgia Commerce Bank redeem a savings bond?

Does Georgia Commerce Bank cash savings bonds?

Will Georgia Commerce Bank cash money orders?

Can Georgia Commerce Bank issue a money order?

Does Georgia Commerce Bank do currency exchange?

Background on The Bank

Who owns Georgia Commerce Bank?

How long has Georgia Commerce Bank been around?

Can Georgia Commerce Bank transfer to other banks?

Does Georgia Commerce Bank have quick pay?

Does Georgia Commerce Bank accept rolled coins?

Will Georgia Commerce Bank accept loose change?

Where is Georgia Commerce Bank headquarters?

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