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South Georgia Banking Company
South Georgia Banking Company
RSSD ID 767732 | CERTIFICATE 20198 | ABA NUMBER 61211870 |
5515 Alabama Ave |
Quarter Ended : |
2025-03-31 |
Omega, Georgia, 31775 |
Updated : |
2025-04-30 |
www.sgbconline.com |
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Institution Profile |
Year Opened : |
1937 |
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 : |
Agricultural Specialization |
Number of Offices : |
8 |
Number of Employees : |
125 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 576,163 |
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Total Interest Income | 7,232 |
Total Liabilities | 505,663 |
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Total NonInterest Income | 1,123 |
Total Bank Equity Capital | 70,500 |
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Total Interest Expense | 739 |
Total Deposits | 503,172 |
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Total NonInterest Expense | 5,079 |
Net Loans & Leases | 343,279 |
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Net Income | 1,958 |
Loan Loss Allowance | 4,816 |
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Net Charge Offs | 50 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 76,956 |
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Total loans | 336,204 |
Total assets for the leverage ratio | 558,079 |
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Loans secured by real estate: | 265,255 |
Tier 1 Leverage Ratio | 12.89 |
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Commercial and industrial loans | 22,349 |
Tier 1 Capital Ratio | 17.41 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 18.62 |
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Loans to individuals - Other | 18,555 |
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