Northeast Georgia Bank

Georgia – Franklin – Lavonia

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

15771

1934

FDIC Certificate Number: 15771
FDIC's unique number: 10018
The FDIC Field Office where an institution is physically located: Atlanta

Federal Reserve ID Number: 888833
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 14
Number of Foreign Offices: 0
The date of the last data update: 2009-03-09

1934-01-01 Institution established. Original name: Northeast Georgia Bank.
1995-07-08 Acquired Braselton Banking Company in Braselton, Georgia.
2000-04-04 Acquired Bank Of Hartwell in Hartwell, Georgia.
2009-03-06 Acquired Freedom Bank Of Georgia in Commerce, Georgia as part of a government assisted transaction.

Total assets: $431,337,000
Total deposits: $385,340,000
Deposits held in domestic offices: $385,340,000
Equity capital: $38,877,000

Net income: $594,000

Return on Assets: 0.27
Return on Equity: 3.15
Last updated on: 2011-10-20

Bank Holding Company: First Security Bankshares, Inc.

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Profile ID: LFUS-BAB-P-16728

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