The National Bank of Georgia in Athens, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The National Bank of Georgia in Athens, Georgia (GA)
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The National Bank of Georgia - Overview

  • General
  • FDIC Certificate #: 35338
    Status: Active
    Federal Reserve ID: 2872340
    Bank Holding Company (Regulatory Top Holder): Nbg Bancorp, Inc. (RSSDID: 2872322, Location: Athens, GA)
    Date Established: May 08, 2000
    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: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 78245
    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: May 08, 2000
    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
  • Location
  • Address: 2234 West Broad Street, Athens, GA 30606
    County: Clarke
    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
    Metropolitan Statistical Area (MSA): Athens, GA (#500)
    Core Based Statistical Area (CBSA): Athens-Clarke County, GA (#12020)
    CBSA Metro Statistical Area: Athens-Clarke County, GA (#12020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $310.6 mil
    Equity capital: $27.0 mil
    Deposits held in domestic offices: $255.8 mil
    Return on assets (ROA): 0.39% ($1.2 mil)
    Quarterly return on assets: 0.43% ($1.3 mil)
    Return on Equity (ROE): 4.39% ($1.2 mil)
    Quarterly return on equity: 4.97% ($1.3 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.57% ($1,770.3 mil)
    Quarterly Pretax return on assets: 0.65% ($2,018.7 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
  • 40Total employees (full-time equivalent)
  • $310,576Total assets
  • $35,417Cash and due from depository institutions
  • $34,648Interest-bearing balances
  • $12,419Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $243,407Net loans & leases
  • $3,700Loan loss allowance
  • $0Trading account assets
  • $7,482Bank premises and fixed assets
  • $5,595Other real estate owned
  • $0Goodwill and other intangibles
  • $310,576Life insurance assets
  • $6,256All other assets
  • $283,607Total liabilities and capital
  • $255,758Total liabilities
  • $231,833Total deposits
  • $255,758Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,000Trading liabilities
  • $0Other borrowed funds
  • $849Subordinated debt
  • $26,969All other liabilities
  • $26,969Total equity capital
  • $26,969Total bank equity capital
  • $0Perpetual preferred stock
  • $3,656Common stock
  • $10,011Surplus
  • $13,302Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,358Income earned, not collected on loans
  • $0Earning assets
  • $954Long-term assets (5+ years)
  • $290,474Average Assets, year-to-date
  • $19,468Average Assets, quarterly
  • $301,886Volatile liabilities
  • $307,476Insider loans
  • $236,840FHLB advances
  • $313,472Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,887Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,411Restructured Loans and leases
  • $7,878Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,780Total interest income
  • $3,858Total interest expense
  • $10,922Net interest income
  • $2,275Provision for loan and lease losses
  • $807Total noninterest income
  • $0Fiduciary activities
  • $189Service charges on deposit accounts
  • $0Trading account gains & fees
  • $618Additional noninterest income
  • $7,746Total noninterest expense
  • $4,203Salaries and employee benefits
  • $583Premises and equipment expense
  • $2,960Additional noninterest expense
  • $1,708Pre-tax net operating income
  • $27Securities gains (losses)
  • $571Applicable income taxes
  • $1,164Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,164Net income attributable to bank
  • $0Net charge-offs
  • $1,164Cash dividends
  • $2,210Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.23%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.86%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 4.39%Return on equity (ROE)
  • 4.39%Retained earnings to average equity (YTD only)
  • 0.91%Net charge-offs to loans
  • 102.94%Credit loss provision to net charge-offs
  • 1.80%Efficiency ratio
  • 66,041Assets per employee
  • 7.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 50.29%Noncurrent assets plus other real estate owned to assets
  • 4.17%Noncurrent loans to loans
  • 2.98%Net loans and leases to deposits
  • 95.17%Net loans and leases to core deposits
  • 99.81%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 8.58%Tier 1 risk-based capital ratio
  • 11.35%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $301,886Average earning assets
  • $26,533Average equity
  • $282,740Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    078245The National Bank Of Georgia2234 West Broad Street, Athens, GA 30606May 08, 2000Full Service Brick and Mortar
    1334451Nbc Of Georgia Messenger Service Bra2234 West Broad Street, Athens, GA 30606May 08, 2000Limited Service Messenger
    3469157Gainesville Branch500 Jesse Jewel Parkway, Gainesville, GA 30501October 10, 2007Full Service Brick and Mortar

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