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Bank of Georgia, The

Fayetteville, GA · Cert 35259

FDIC · 7 branches

Q3 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2015, the quarter ended September 30, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of Georgia, The

Fayetteville, GA · Cert 35259

FDIC · 7 branches

Q3 2015

$286.1MAssets
$162.2MLoans
$264.2MDeposits
$7.1MEquity
Loan mix
90%RE $99.0M9%C&I $10.2M1%Consumer $1.3MQ3 2014Q3 2015
Deposit mix
78%Interest-bearing $206.6M22%Noninterest $57.6MQ3 2014Q3 2015

NIM

3.69%Q3 ’133.36%Q3 ’143.36%Q3 ’15-7%+2%

Non-interest income vs. expense

3.17%Q3 ’133.57%Q3 ’142.41%Q3 ’15-66%+477%

Market Position · Atlanta-Sandy Springs-Roswell, GA · 2015 SOD (annual) · 0.2% share · #34 of 97 inst. · $0.3B of $146.1B

8.9% Fayette
5.7% Coweta
0.0% Fulton

Executive Summary

  • Earnings: ROA of -2.45%, down 200 bps year over year; NIM at 2.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.19%.
  • Capital: tier 1 leverage ratio of 1.25%.
  • Funding: loans stand at 61.38% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

-2.45%-200 bps YoY

Net Interest Margin (YTD, annualized)

2.78%+5 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

1.25%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets-0.46%-0.76%-7.03%-3.49%-2.45%-200 bps
Return on Equity-9.73%-16.46%-210%-115.38%-84.93%-7,520 bps
Net Interest Margin2.73%2.81%2.81%2.83%2.78%+5 bps
Efficiency Ratio66.83%79.68%n/an/an/an/a
Non-Interest Burden0.96%1.86%10.53%6.74%5.53%+457 bps
Growth
Asset Growth (YoY)-3.17%-1.05%-4.12%-9.73%-10.36%-719 bps
Loan Growth (YoY)-21.04%-15.07%-16.15%-1.05%-3.78%+1,726 bps
Deposit Growth (YoY)-2.90%-0.82%-1.12%-6.83%-10.42%-753 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.82%3.45%0.04%0.20%0.19%-463 bps
Allowance / Loans2.11%2.01%2.03%2.03%2.05%-6 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a1.21%1.27%1.25%n/a
Total Risk-Based Capital5.95%5.36%2.99%2.96%3.05%-290 bps
Equity / Assets4.35%4.17%2.49%2.36%2.46%-188 bps
Liquidity & Funding
Loans / Deposits57.14%61.80%61.45%59.37%61.38%+424 bps
Liquid Assets / Assets5.79%2.53%8.89%7.06%7.52%+173 bps
CRE / Total Capitaln/an/an/an/an/an/an/a