Signature Bank of Georgia

Headquarters

6065 Roswell Rd
Sandy Springs, GA 30328
See all branch locations →

Phone 404-620-5579

Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Signature Bank of Georgia is an FDIC insured institution located in Sandy Springs, GA. It was founded in 2005 and has approximately $0.23 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58103
Date Established 2005
Assets $ 225.90 million
Loans $ 163.21 million
Deposits $ 192.93 million
Capital $ 31.96 million
 

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

Deposit Rates - June 23, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.30% $200,000 - Learn More


Int Checking Rates APY MIN MAX
Personal Plus Checking
0.16% $2,000 $24,999 Learn MoreShow Less
High Performance Checking
1.01% $2,500 $24,999 Learn MoreShow Less
Personal Plus Checking
0.21% $25,000 - Learn MoreShow Less

Loan Rates - June 23, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Signature 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 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.501% 6.375%
0.75 points
$4,234 fees
$1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.730% 6.625%
0.88 points
$3,474 fees
$2,049 Learn More
New American Funding, LLC.
NMLS ID: 6606
6.843% 6.750%
1.00 points
$3,059 fees
$2,076 Learn More
PADDIO
NMLS ID: 1907
7.065% 6.875%
1.00 points
$6,202 fees
$2,103 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.990 %
$0 Learn More
More Info

Note to Signature Bank of Georgia
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Branches

Signature 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


Signature Bank of Georgia Locations



Climate Policy and Initiatives

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Financial Details

Signature Bank of Georgia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Signature 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
Signature Bank of Georgia U.S. Bank Average
8.06% 3.96%

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 December 31, 2024, Signature Bank of Georgia had $0 in non-current loans and $2,744,000 in owned real estate. To cover these potential losses it had $31,957,000 in equity and $2,088,000 in loans loss reserves. That gives it a Texas Ratio of 8.06%.

Return on Equity
Signature Bank of Georgia U.S. Bank Average
8.6% 12.20%

Signature Bank of Georgia has a Return on Equity of 8.6% versus the BestCashCow average of 12.20%. 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
Signature Bank of Georgia U.S. Bank Average
14.15% 10.76%

Signature Bank of Georgia has a Capitalization of 14.15% versus the BestCashCow average of 10.76. 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.

Signature Bank of Georgia Balance Sheet Analysis

As of December 31, 2023, Signature Bank of Georgia had assets of $225,896,000, loans of $163,205,000, and deposits of $192,930,000. 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

December 31, 2024
ASSETS
Cash & Balances due from depository institutions $ 21.37 million
Interest-bearing balances $ 19.81 million
Total securities $ 29.58 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 163.21 million
Loan loss allowance $ 2.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.74 million
Goodwill and other intangibles N.A.
All other assets $ 6.03 million
     Total Assets $ 193.94 million
LIABILITIES
Total deposits $ 192.93 million
      Interest-bearing deposits $ 106.96 million
      Deposits held in domestic offices $ 192.93 million
      % insured (estimated) 48.33%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.93 million
      Total Liabilities $ 193.94 million
      Shareholders’ Equity $ 31.96 million

Summary Income Statement

December 31, 2024
INCOME AND EXPENSES
Total Interest Income $ 13.52 million
Total Interest Expense $ 2.60 million
Net interest income $ 10.92 million
Provision for loan and lease losses $ 0.51 million
Total non interest income $ 1.73 million
Total non interest expense $ 9.76 million
Pre-tax Net Operating Income $ 0.65 million

Bank Loan Profile?

The top three loan types in Signature Bank of Georgia’s loan portfolio are Commercial Real Estate, Small Business Loans, and Construction and Development Loans.

Compared to other banks in Georgia, Signature Bank of Georgia has a significantly higher percent of Commercial Real Estate 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 1.93
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 14.78
Construction and Development Loans 9.89
Commercial Real Estate 56.45
Commercial and Industrial Loans 7.78
Farm Loans 0.00

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