North Georgia National Bank

Headquarters

350 West Belmont Drive
Calhoun, GA 30701
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.60% 0.95% →
2-Year CD 0.75% 1.05% →
5-Year CD 0.90% 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

North Georgia National Bank is an FDIC insured institution located in Calhoun, GA. It was founded in 1999 and has approximately $0.13 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 34662
Date Established 1999
Assets $ 132.63 million
Loans $ 77.83 million
Deposits $ 113.66 million
Capital $ 14.93 million
 

For a more detailed analysis of North Georgia National Bank'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

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for North Georgia National Bank

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to North Georgia National Bank
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Branches

North Georgia National 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:
Fairfield,Connecticut


North Georgia National Bank Locations


Financial Details

North Georgia National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of North Georgia National 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
North Georgia National Bank U.S. Bank Average
3% 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, North Georgia National Bank had $233,000 in non-current loans and $243,000 in owned real estate. To cover these potential losses it had $14,933,000 in equity and $951,000 in loans loss reserves. That gives it a Texas Ratio of 3%.

Return on Equity
North Georgia National Bank U.S. Bank Average
6.3% 7.80%

North Georgia National Bank has a Return on Equity of 6.3% 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
North Georgia National Bank U.S. Bank Average
11.26% 12.68%

North Georgia National Bank has a Capitalization of 11.26% 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.

North Georgia National Bank Balance Sheet Analysis

As of March 31, 2020, North Georgia National Bank had assets of $132,632,000, loans of $77,832,000, and deposits of $113,664,000. 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 $ 12.95 million
Interest-bearing balances $ 7.72 million
Total securities $ 33.93 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 77.83 million
Loan loss allowance $ 0.95 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.24 million
Goodwill and other intangibles $ 0.16 million
All other assets $ 2.96 million
     Total Assets $ 117.70 million
LIABILITIES
Total deposits $ 113.66 million
      Interest-bearing deposits $ 94.33 million
      Deposits held in domestic offices $ 113.66 million
      % insured (estimated) 71.61%
Federal funds purchased and repurchase agreements $ 0.49 million
Trading liabilities N.A.
Other borrowed funds $ 1.93 million
Subordinated debt N.A.
All other liabilities $ 1.62 million
      Total Liabilities $ 117.70 million
      Shareholders’ Equity $ 14.93 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.36 million
Total Interest Expense $ 0.18 million
Net interest income $ 1.18 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.14 million
Total non interest expense $ 1.07 million
Pre-tax Net Operating Income $ 0.21 million

Bank Loan Profile?

The top three loan types in North Georgia National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, North Georgia National Bank’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 32.39
Multifamily
Mortgages
0.93
Credit Card Loans 0.00
Consumer Auto Loans 0.70
Small Business Loans 0.00
Construction and Development Loans 8.06
Commercial Real Estate 37.01
Commercial and Industrial Loans 10.77
Farm Loans 0.11

Frequently Asked Questions About North Georgia National Bank

Branches and Savings

Is North Georgia National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34662.

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

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

Why are North Georgia National Bank CD rates not competitive?

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

Is North Georgia National Bank a commercial bank?

Yes

Where are North Georgia National Bank locations?

See branch locations nearby.

Is North Georgia National Bank open on Saturdays?

Is North Georgia National Bank open on Sundays?

What time does North Georgia National Bank open?

What time does North Georgia National Bank close?

Are North Georgia National Bank ATMs Open 24/7?

Do North Georgia National Bank ATMs accept cash deposits?

Can North Georgia National Bank customers use other ATMs?

Do North Georgia National Bank branches have notaries?

Will North Georgia National Bank notarize my document?

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

Will the North Georgia National Bank branch print checks?

Do North Georgia National Bank checks expire?

Does North Georgia National Bank require US citizenship to open account?

Can North Georgia National Bank close my account?

Does North Georgia National Bank Report to credit bureaus?

Does North Georgia National Bank Use Equifax?

What is North Georgia National Bank's ACH Routing Number?

What is North Georgia National Bank's SWIFT code?

Products

Does North Georgia National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does North Georgia National Bank offer personal loans?

Compare personal loan rates here.

Does North Georgia National Bank offer student loans?

Will North Georgia National Bank cash a check?

Will North Georgia National Bank redeem a savings bond?

Does North Georgia National Bank cash savings bonds?

Will North Georgia National Bank cash money orders?

Can North Georgia National Bank issue a money order?

Does North Georgia National Bank do currency exchange?

Background on The Bank

Who owns North Georgia National Bank?

How long has North Georgia National Bank been around?

Can North Georgia National Bank transfer to other banks?

Does North Georgia National Bank have quick pay?

Does North Georgia National Bank accept rolled coins?

Will North Georgia National Bank accept loose change?

Where is North Georgia National Bank headquarters?

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