# FIRST GEORGIA BANKING CO
FRANKLIN, GA · FDIC certificate 57647 · asset band $300M-1B · latest filing 2011-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $731.0M | |
| Deposits | $702.2M | |
| Loans and leases | $490.3M | |
| Total equity | $5.8M | |
| Loans / deposits | 67.71% (p26 of band) | 78.23% |
| Liquid assets / assets | 24.03% (p38 of band) | |
| Uninsured deposits / deposits | 7.35% (p28 of band) | 11.67% |
| Brokered deposits | 3.80% | |
| Wholesale funding | 6.81% (p45 of band) | |
| FHLB advances / assets | 3.01% | |
| Tier 1 leverage | 0.92% (p1 of band) | 9.23% |
| Unrealized securities loss / equity | -20.53% (p3 of band) | 0.92% |
| AOCI / equity | 7.20% (p100 of band) | |
| ROA (annualized) | -1.27% (p6 of band) | 0.63% |
| Net interest margin | 3.02% (p16 of band) | 3.68% |
| Efficiency ratio | 116.60% (p96 of band) | |
| Noncurrent loans | 10.33% (p94 of band) | 2.23% |
| Net charge-offs (annualized) | 0.55% (p72 of band) | |
| Reserve coverage of noncurrent | 29.42% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 1633.50% (p100 of band) | |
| Auto loans | $5.3M (1.09% of loans; DQ 5.77%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | – | |
| Employees | 152 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2011-04-17 [CashTrans targets small banks with a new ATM initiative - ATM Marketplace](https://news.google.com/rss/articles/CBMinAFBVV95cUxNT3pRYTVzcHBjS01fSUlKcW55SzRSOWpvOXY1THctRE05MTJoTFRtSG14cVp0V3NHcW9oQjBndVJmbWVYUDQ4QzFFWjA0U0xReWZwTi03QnNzTEFsdnpfMkpHaEZxVV9WdmdQY2hDdEFlTnRYVGJ1Q0hXOXVqcDhFVFBkRDFfWW5BRFZRS0hxZzc5Qzh2NEY4aUhOcTA?oc=5) · ATM Marketplace
- 2012-08-04 [FMB names new president, chief executive officer - Statesboro Herald](https://news.google.com/rss/articles/CBMikAFBVV95cUxQUkZWNHRtQVd4WUlhOVZpUWFfblR5aTlkRjRhUmJLd1R0SlhxM05TOVk0SmlfamtWNHFyUlI1OU0wTUdZdDB3WlZ5RWtlLUI3YVZpNkpKaXQyd3FDdXRGVG8xUXJlaHN3MHZ5RE56QjM5b3h4M0VXVm9PMzRNTzljeGNDMUItSUxqcW8xaGJLczY?oc=5) · Statesboro Herald
- 2011-05-27 [Savannah's newest bank, CertusBank, sprang from unusual beginnings - Savannah Morning News](https://news.google.com/rss/articles/CBMivgFBVV95cUxQeWpGT1NHMDR0OVZTSm5oWm9XSFd1WVl0SmNJMkxjWWFySGFQck9GaVpDS1VDRndtTGozSDVEZmp5dlJZM1dha0lLNW5wdWMzcVh2VlFkcUFWallpdUJOUFczREV4YVRHNndiWWx1a1BHTVF3dFd2UGhSNU9KTTdkdVpQZFpfNUpQcDlQNS1CWVMyZGlKbFREMHdHTGl2Mk5YQkpBVTRURjlGckhpcW1BLXMxT1Y1TU5nV1pFYlV3?oc=5) · Savannah Morning News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57647 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/47.json (key "57647", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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