North Georgia National Bank in Calhoun, Georgia (GA)



Show street view No street view available for this location

North Georgia National Bank routing number info

Table of contents:
North Georgia National Bank
GeneralFDIC Certificate #: 34662
Status: Active
Federal Reserve ID: 2769954
Bank Holding Company (Regulatory Top Holder): North Georgia Community Financial Partners, Inc. (RSSDID: 2908650, Location: Calhoun, GA)
Date Established: Febuary 10, 1999
WWW: http://www.ngnb.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 61114
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 10, 1999
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 350 West Belmont Drive, Calhoun, GA 30701
County: Gordon
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Atlanta
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Calhoun, GA (#15660)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $132.5 mil
Equity capital: $11.9 mil
Deposits held in domestic offices: $114.8 mil
Return on assets (ROA): -1.87% (-$2.5 mil)
Quarterly return on assets: -4.80% (-$6.4 mil)
Return on Equity (ROE): -18.11% (-$2.2 mil)
Quarterly return on equity: -47.56% (-$5.7 mil)
Net income: -$2.4 mil
Quarterly Net income: -$1.5 mil
Pretax return on assets: -1.93% (-$2,557.5 mil)
Quarterly Pretax return on assets: -3.94% (-$5,221.0 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)31
Total assets$132,512
Cash and due from depository institutions$24,422
Interest-bearing balances$22,926
Securities$22,613
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$73,162
Loan loss allowance $2,368
Trading account assets$0
Bank premises and fixed assets$5,394
Other real estate owned$3,227
Goodwill and other intangibles$0
All other assets$3,694
Life insurance assets$132,512
Total liabilities and capital$120,600
Total liabilities$114,795
Total deposits$106,024
Interest-bearing deposits$114,795
Deposits held in domestic offices$69
% insured (estimated)305.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,400
Other borrowed funds $0
Subordinated debt $1,100
All other liabilities $11,912
Total equity capital$11,912
Total bank equity capital$11,912
Perpetual preferred stock$0
Common stock$4,515
Surplus$7,763
Undivided profits $-366
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,539
Earning assets $0
Long-term assets (5+ years) $474
Average Assets, year-to-date $118,701
Average Assets, quarterly $15,969
Volatile liabilities $127,225
Insider loans $125,722
FHLB advances $81,729
Loans and leases held for sale $124,126
Unused loan commitments $1,407
Tier 1 (core) risk-based capital $1,407
Tier 2 risk-based capital $11,105
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $6,825
Derivatives$1,251
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,781
Total interest expense $1,695
Net interest income $4,086
Provision for loan and lease losses $2,980
Total noninterest income $402
Fiduciary activities $0
Service charges on deposit accounts $467
Trading account gains & fees $0
Additional noninterest income -$65
Total noninterest expense $3,980
Salaries and employee benefits $1,547
Premises and equipment expense $510
Additional noninterest expense $1,923
Pre-tax net operating income -$2,472
Securities gains (losses) $12
Applicable income taxes -$77
Income before extraordinary items -$2,383
Extraordinary gains - net $0
Net income attributable to bank -$2,383
Net charge-offs $0
Cash dividends -$2,383
Sale, conversion, retirement of capital stock, net $2,796
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.13%
Cost of funding earning assets 1.51%
Net interest margin 3.63%
Noninterest income to earning assets 0.36%
Noninterest expense to earning assets 3.53%
Net operating income to assets -1.88%
Return on assets (ROA) -1.87%
Pretax return on assets -1.93%
Return on equity (ROE) -18.11%
Retained earnings to average equity (YTD only) -18.11%
Net charge-offs to loans 3.55%
Credit loss provision to net charge-offs 106.58%
Efficiency ratio0.18%
Assets per employee$88,681
Cash dividends to net income (YTD only)4.27%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.14%
Noncurrent assets plus other real estate owned to assets 36.21%
Noncurrent loans to loans 7.37%
Net loans and leases to deposits8.66%
Net loans and leases to core deposits 63.73%
Equity capital to assets 76.09%
Core capital (leverage) ratio 8.99%
Tier 1 risk-based capital ratio 8.95%
Total risk-based capital ratio 13.59%
Memoranda
Average assets$15
Average earning assets$127,225
Average equity $13,160
Average loans $112,605
Back to page top, Back to table top

4 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
061114North Georgia National Bank350 West Belmont Drive, Calhoun, GA 30701Febuary 10, 1999Full Service Brick and Mortar
1360936Messenger Service Branch350 West Belmont Drive, Calhoun, GA 30703Febuary 17, 2000Limited Service Messenger
2433546Red Bud Road Branch100 Red Bud Road, Calhoun, GA 30703December 13, 2004Full Service Brick and Mortar
3477894Downtown Calhoun Branch406 Court Street, Calhoun, GA 30701June 14, 2008Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with North Georgia National Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.