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Georgia Primary Bank
Georgia Primary Bank
RSSD ID 3646397 | CERTIFICATE 58523 | ABA NUMBER 61021060 |
3880 Roswell Rd Ne |
Quarter Ended : |
2024-12-31 |
Atlanta, Georgia, 30342 |
Updated : |
2025-01-28 |
www.georgiaprimarybank.com |
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Institution Profile |
Year Opened : |
2007 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
2 |
Number of Employees : |
40 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 337,795 |
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Total Interest Income | 20,665 |
Total Liabilities | 307,645 |
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Total NonInterest Income | 1,860 |
Total Bank Equity Capital | 30,150 |
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Total Interest Expense | 10,805 |
Total Deposits | 294,404 |
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Total NonInterest Expense | 10,196 |
Net Loans & Leases | 261,846 |
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Net Income | 1,506 |
Loan Loss Allowance | 3,062 |
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Net Charge Offs | (15) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 39,440 |
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Total loans | 261,140 |
Total assets for the leverage ratio | 350,739 |
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Loans secured by real estate: | 214,332 |
Tier 1 Leverage Ratio | 10.35 |
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Commercial and industrial loans | 46,202 |
Tier 1 Capital Ratio | 11.16 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.12 |
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Loans to individuals - Other | 605 |
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