Georgia Heritage Bank in Dallas, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Georgia Heritage Bank in Dallas, Georgia (GA)
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Georgia Heritage Bank routing number info

Georgia Heritage Bank - Overview

  • General
  • FDIC Certificate #: 58005
    Status: Active
    Federal Reserve ID: 3388419
    Date Established: October 26, 2005
    WWW: http://www.georgiaheritagebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 433572
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 26, 2005
    Last Structure Change Effective Date: June 04, 2007
    Last Structure Change Process Date: July 02, 2007
    Last Data Update: July 02, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 18 Georgia Heritage Place, Dallas, GA 30132
    County: Paulding
    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): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $68.2 mil
    Equity capital: $2.5 mil
    Deposits held in domestic offices: $64.6 mil
    Return on assets (ROA): -2.49% (-$1.7 mil)
    Quarterly return on assets: -1.52% (-$1.0 mil)
    Return on Equity (ROE): -54.92% (-$1.6 mil)
    Quarterly return on equity: -40.54% (-$1.2 mil)
    Net income: -$1.9 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -2.49% (-$1,697.1 mil)
    Quarterly Pretax return on assets: -1.52% (-$1,036.0 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
  • 18Total employees (full-time equivalent)
  • $68,155Total assets
  • $8,578Cash and due from depository institutions
  • $7,374Interest-bearing balances
  • $10,762Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $38,017Net loans & leases
  • $811Loan loss allowance
  • $0Trading account assets
  • $5,752Bank premises and fixed assets
  • $4,560Other real estate owned
  • $0Goodwill and other intangibles
  • $68,156Life insurance assets
  • $486All other assets
  • $65,655Total liabilities and capital
  • $64,561Total liabilities
  • $57,846Total deposits
  • $64,561Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 747.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $347Subordinated debt
  • $2,501All other liabilities
  • $2,501Total equity capital
  • $2,501Total bank equity capital
  • $782Perpetual preferred stock
  • $2,899Common stock
  • $15,551Surplus
  • $-16,731Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,523Income earned, not collected on loans
  • $0Earning assets
  • $157Long-term assets (5+ years)
  • $56,153Average Assets, year-to-date
  • $7,494Average Assets, quarterly
  • $75,354Volatile liabilities
  • $70,677Insider loans
  • $50,355FHLB advances
  • $70,308Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,400Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,858Restructured Loans and leases
  • $2,913Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,817Total interest income
  • $852Total interest expense
  • $1,965Net interest income
  • $957Provision for loan and lease losses
  • -$35Total noninterest income
  • $0Fiduciary activities
  • $147Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$182Additional noninterest income
  • $2,988Total noninterest expense
  • $1,320Salaries and employee benefits
  • $506Premises and equipment expense
  • $1,162Additional noninterest expense
  • -$2,015Pre-tax net operating income
  • $137Securities gains (losses)
  • $0Applicable income taxes
  • -$1,878Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,878Net income attributable to bank
  • $0Net charge-offs
  • -$1,878Cash dividends
  • $1,041Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.13%Net interest margin
  • -0.06%Noninterest income to earning assets
  • 4.76%Noninterest expense to earning assets
  • -2.67%Net operating income to assets
  • -2.49%Return on assets (ROA)
  • -2.49%Pretax return on assets
  • -54.92%Return on equity (ROE)
  • -54.92%Retained earnings to average equity (YTD only)
  • 2.56%Net charge-offs to loans
  • 91.93%Credit loss provision to net charge-offs
  • -1.02%Efficiency ratio
  • 154,819Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 53.25%Noncurrent assets plus other real estate owned to assets
  • 8.93%Noncurrent loans to loans
  • 3.92%Net loans and leases to deposits
  • 58.89%Net loans and leases to core deposits
  • 61.04%Equity capital to assets
  • 3.67%Core capital (leverage) ratio
  • 3.41%Tier 1 risk-based capital ratio
  • 4.77%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $75,354Average earning assets
  • $3,420Average equity
  • $62,834Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0433572Georgia Heritage Bank18 Georgia Heritage Place, Dallas, GA 30132October 26, 2005Full Service Brick and Mortar
    1451806Marietta Branch3622 Dallas Highway, Marietta, GA 30064June 16, 2006Full Service Brick and Mortar
    2468306Cartersville Branch215 Cherokee Place, Cartersville, GA 30121September 10, 2007Full Service Brick and Mortar

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