One Georgia Bank

Headquarters

1180 Peachtree Street, Ne, Suite 2610
Atlanta, GA 30309
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

One Georgia Bank is an FDIC insured institution located in Atlanta, GA. It was founded in 2006 and has approximately $0.18 billion in assets.

Closed by FDIC on July 15, 2011 and assets transferred to Ameris Bank.

FDIC Insured Yes
FDIC Certificate # 58238
Date Established 2006
Assets $ 177.72 million
Loans $ 111.20 million
Deposits $ 158.12 million
Capital N.A.
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for One Georgia 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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $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 One Georgia Bank
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Branches

One Georgia 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


One Georgia Bank Locations


Financial Details

One Georgia Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of One Georgia 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
One Georgia Bank U.S. Bank Average
556.47% 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, One Georgia Bank had $14,402,000 in non-current loans and $18,691,000 in owned real estate. To cover these potential losses it had $-977,000 in equity and $6,924,000 in loans loss reserves. That gives it a Texas Ratio of 556.47%.

Return on Equity
One Georgia Bank U.S. Bank Average
-462.96% 7.80%

One Georgia Bank has a Return on Equity of -462.96% 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
One Georgia Bank U.S. Bank Average
-0.55% 12.68%

One Georgia Bank has a Capitalization of -0.55% 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.

One Georgia Bank Balance Sheet Analysis

As of June 30, 2011, One Georgia Bank had assets of $177,715,000, loans of $111,196,000, and deposits of $158,123,000. 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 $ 111.20 million
Loan loss allowance $ 6.92 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 18.69 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 158.12 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 $ 177.72 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 One Georgia Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, One Georgia 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About One Georgia Bank

Branches and Savings

Is One Georgia Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58238.

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

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

Why are One Georgia Bank CD rates not competitive?

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

Is One Georgia Bank a commercial bank?

Yes

Where are One Georgia Bank locations?

See branch locations nearby.

Is One Georgia Bank open on Saturdays?

Is One Georgia Bank open on Sundays?

What time does One Georgia Bank open?

What time does One Georgia Bank close?

Are One Georgia Bank ATMs Open 24/7?

Do One Georgia Bank ATMs accept cash deposits?

Can One Georgia Bank customers use other ATMs?

Do One Georgia Bank branches have notaries?

Will One Georgia Bank notarize my document?

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

Will the One Georgia Bank branch print checks?

Do One Georgia Bank checks expire?

Does One Georgia Bank require US citizenship to open account?

Can One Georgia Bank close my account?

Does One Georgia Bank Report to credit bureaus?

Does One Georgia Bank Use Equifax?

What is One Georgia Bank's ACH Routing Number?

What is One Georgia Bank's SWIFT code?

Products

Does One Georgia Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does One Georgia Bank offer personal loans?

Compare personal loan rates here.

Does One Georgia Bank offer student loans?

Will One Georgia Bank cash a check?

Will One Georgia Bank redeem a savings bond?

Does One Georgia Bank cash savings bonds?

Will One Georgia Bank cash money orders?

Can One Georgia Bank issue a money order?

Does One Georgia Bank do currency exchange?

Background on The Bank

Who owns One Georgia Bank?

How long has One Georgia Bank been around?

Can One Georgia Bank transfer to other banks?

Does One Georgia Bank have quick pay?

Does One Georgia Bank accept rolled coins?

Will One Georgia Bank accept loose change?

Where is One Georgia Bank headquarters?

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