The Citizens Bank of Georgia

651 Veterans Memorial Boulevard
Cumming, GA 30040

Notable Rates APY Vs.Others
Savings 0.05% 1.90% →
1-Year CD 0.25% 1.90% →
2-Year CD 0.50% 1.95% →
5-Year CD 0.50% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

The Citizens Bank of Georgia is an FDIC insured institution located in Cumming, GA. It was founded in 1997 and has approximately $0.32 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 34229
Date Established 1997
Assets $0.32 billion
Loans $0.21 billion
Deposits $0.29 billion
Capital $0.04 billion
 

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

Deposit Rates - April 7, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1 $500,000 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn MoreShow Less
6 Mo CD
0.10% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $100 - Learn MoreShow Less

Loan Rates - April 7, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The Citizens Bank of Georgia

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
4.542% 4.500% 0.00 $1,250 $1,267 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to The Citizens Bank of Georgia
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Branches

The Citizens 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:
Fairfield,Connecticut


The Citizens Bank of Georgia Locations


Financial Details

The Citizens Bank of Georgia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Citizens 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
The Citizens Bank of Georgia U.S. Bank Average
0.73% 6.51%

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, 2019, The Citizens Bank of Georgia had $0 in non-current loans and $282,000 in owned real estate. To cover these potential losses it had $35,923,000 in equity and $2,851,000 in loans loss reserves. That gives it a Texas Ratio of 0.73%.

Return on Equity
The Citizens Bank of Georgia U.S. Bank Average
13.11% 9.41%

The Citizens Bank of Georgia has a Return on Equity of 13.11% versus the BestCashCow average of 9.41%. 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
The Citizens Bank of Georgia U.S. Bank Average
11.06% 12.82%

The Citizens Bank of Georgia has a Capitalization of 11.06% versus the BestCashCow average of 12.82. 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.

The Citizens Bank of Georgia Balance Sheet Analysis

As of December 31, 2019, The Citizens Bank of Georgia had assets of $324,675,000, loans of $210,839,000, and deposits of $288,286,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.10 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.21 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.29 billion
LIABILITIES
Total deposits $0.29 billion
      Interest-bearing deposits $0.20 billion
      Deposits held in domestic offices $0.29 billion
      % insured (estimated) 81.40%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.29 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in The Citizens Bank of Georgia’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Georgia, The Citizens Bank of Georgia has a significantly higher percent of Construction and Development 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 20.84
Multifamily
Mortgages
1.93
Credit Card Loans 0.00
Consumer Auto Loans 1.14
Small Business Loans 24.53
Construction and Development Loans 20.62
Commercial Real Estate 46.69
Commercial and Industrial Loans 8.79
Farm Loans 0.02

Frequently Asked Questions About The Citizens Bank Of Georgia

Branches and Savings

Is The Citizens Bank Of Georgia FDIC insured?

Yes. It is covered under FDIC Certificate #34229.

Why does The Citizens Bank Of Georgia pay such low interest on savings accounts?

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

Why are The Citizens Bank Of Georgia CD rates not competitive?

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

Is The Citizens Bank Of Georgia a commercial bank?

Yes

Where are The Citizens Bank Of Georgia locations?

See branch locations nearby.

Is The Citizens Bank Of Georgia open on Saturdays?

Is The Citizens Bank Of Georgia open on Sundays?

What time does The Citizens Bank Of Georgia open?

What time does The Citizens Bank Of Georgia close?

Are The Citizens Bank Of Georgia ATMs Open 24/7?

Do The Citizens Bank Of Georgia ATMs accept cash deposits?

Can The Citizens Bank Of Georgia customers use other ATMs?

Do The Citizens Bank Of Georgia branches have notaries?

Will The Citizens Bank Of Georgia notarize my document?

What address for The Citizens Bank Of Georgia should I put for incoming ACH transfers?

Will the The Citizens Bank Of Georgia branch print checks?

Do The Citizens Bank Of Georgia checks expire?

Does The Citizens Bank Of Georgia require US citizenship to open account?

Can The Citizens Bank Of Georgia close my account?

Does The Citizens Bank Of Georgia Report to credit bureaus?

Does The Citizens Bank Of Georgia Use Equifax?

What is The Citizens Bank Of Georgia's ACH Routing Number?

What is The Citizens Bank Of Georgia's SWIFT code?

Products

Does The Citizens Bank Of Georgia offer mortgages?

Compare mortgage rates here.

Does The Citizens Bank Of Georgia offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Citizens Bank Of Georgia offer personal loans?

Compare personal loan rates here.

Does The Citizens Bank Of Georgia offer student loans?

Will The Citizens Bank Of Georgia cash a check?

Will The Citizens Bank Of Georgia redeem a savings bond?

Does The Citizens Bank Of Georgia cash savings bonds?

Will The Citizens Bank Of Georgia cash money orders?

Can The Citizens Bank Of Georgia issue a money order?

Does The Citizens Bank Of Georgia do currency exchange?

Background on The Bank

Who owns The Citizens Bank Of Georgia?

How long has The Citizens Bank Of Georgia been around?

Can The Citizens Bank Of Georgia transfer to other banks?

Does The Citizens Bank Of Georgia have quick pay?

Does The Citizens Bank Of Georgia accept rolled coins?

Will The Citizens Bank Of Georgia accept loose change?

Where is The Citizens Bank Of Georgia headquarters?

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