# NORTHWEST GEORGIA BANK
RINGGOLD, GA · FDIC certificate 9246 · asset band <$300M · latest filing 2015-06 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 13 (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 | $286.0M | |
| Deposits | $259.0M | |
| Loans and leases | $95.6M | |
| Total equity | $6.0M | |
| Loans / deposits | 35.24% (p7 of band) | 72.67% |
| Liquid assets / assets | 58.32% (p87 of band) | |
| Uninsured deposits / deposits | 15.33% (p60 of band) | 13.36% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.99% (p73 of band) | |
| FHLB advances / assets | 6.99% | |
| Tier 1 leverage | 3.10% (p0 of band) | 10.53% |
| Unrealized securities loss / equity | -50.93% (p0 of band) | 0.18% |
| AOCI / equity | -16.24% (p0 of band) | |
| ROA (annualized) | -0.83% (p2 of band) | 0.82% |
| Net interest margin | 2.70% (p10 of band) | 3.60% |
| Efficiency ratio | 123.18% (p98 of band) | |
| Noncurrent loans | 7.98% (p99 of band) | 0.74% |
| Net charge-offs (annualized) | -0.02% (p16 of band) | |
| Reserve coverage of noncurrent | 56.26% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 204.88% (p99 of band) | |
| Auto loans | $222,000 (0.23% of loans; DQ 0.00%, NCO -0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -15.7% | |
| Employees | 103 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | wholesale funding >15%, leverage <7%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  |  |
| 2011-09 | 7 | capital falling | wholesale funding >15% |
| 2011-12 | 7 |  |  |
| 2012-03 | 10 | leverage <5%, assets shrinking |  |
| 2012-06 | 12 | charge-offs p90, deposits shrinking |  |
| 2012-09 | 12 |  |  |
| 2012-12 | 12 |  |  |
| 2013-03 | 12 | NIM <2.5% | charge-offs p90 |
| 2013-06 | 14 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2013-09 | 12 |  | capital falling, NIM <2.5% |
| 2013-12 | 12 |  |  |
| 2014-03 | 13 | capital falling, charge-offs p90 | AOCI drag >20% of equity |
| 2014-06 | 13 | uninsured deposits leaving | capital falling |
| 2014-09 | 13 |  |  |
| 2014-12 | 12 |  | securities losses >30% of equity |
| 2015-03 | 11 |  | charge-offs p90 |
| 2015-06 | 13 | capital falling, securities losses >30% of equity |  |

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

- 2015-05-02 [FirstBank to buy Northwest Georgia Bank; fourth merger by local banks planned this year - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxNSXY3RnJuN0VKd3BuOWRsaXVvY1pBLVcxRjNfVUNPaW5oX0NvZzM2UGdKd3I2cUJtaVU2YjhPSklMb1lDZnFleVlrSGxwVm5WUTkycGRpQmVkNDA5Y2lJaWw1U2tBazNxOVAyalJhSG12TldyUTBHX09fcXkxbkR3aHpqd1hTSjMtSzB2RHVuT05qRC1IdndDYjRaeXNlUkZ0?oc=5) · Chattanooga Times Free Press
- 2005-06-27 [Northwest Georgia Bank Hires Fox, Names Cloud VP - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMikgFBVV95cUxONUpTVzhIamp0RVhDbnp0OFFTb2l1anpEMWJmQ21SYU0zOFhFakxjWUxfNHowX0szZmNqODA2TWhxNmZxcXBtdFN5a0pNUzhKWG5Zd1o5ZDNXa3dqY3J5aWZiY3RwVzhYdVAzZW1FMllMd2NoenJjTmF3TWNrSkE5Ylp6aURfZUU0YkFEZnh4Skt3Zw?oc=5) · Chattanoogan.com Breaking News
- 2022-06-09 [Obituary information for William Allison Jones, Sr. - heritagechattanooga.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNTko3UmZpWnJrdFpiOVNuZXF6LWt2cVFtZkdsLU9rOFZqdWFqUDYwVlUtbVJaaUMxYjRGbVIxMDlNY2JHWXhYQ3g0bm15RGZBd254cDJaZGxuVlpFUVVWVERwOEs4RTFlSDk3clNjNDNjTFZRZXlTODVfd3VzZWFRRWRfempqNmJTTDgxYkd3?oc=5) · heritagechattanooga.com
- 2015-09-23 [FirstBank completes purchase of Northwest Georgia Bank, names new executives - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMimgFBVV95cUxQQWlmLUYxSUUwVGxRY2J2a2lVMFJnV21kdGJiMnA2TDd6c1VrUjdvcFZsclhnOWk5WE5jNVpUM1laWlVIY2VFcHZoQ1BVNUxfT2hZWS01bU1IeTZ5SVZBVmRtWjNvNVNSZUZLREdDcGdkMGpxLXRyOUtjV2pUVGdpVDMzZ00yS2ZtUDJPRUFqbmIwQ2JyZ3c4N3FB?oc=5) · Chattanooga Times Free Press
- 2026-08-26 [Boyd Steele Obituary - Woodstock, GA - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxOWldyd2Z3MjdOSVNfOG93ZkNZcE1teGFRbGtRWUk3OUI0VGdNMl9kbGw5SGpHSXpzcUlCTWx6aHVQLVNUMEZpc2ZURHBLeWxtaE4yVnNHaFNMaWI2dUYxZEsxSmI3WGZKWDVhMXpXTUl6a2lsR1FIeWh0QjFOZnhCMTN3?oc=5) · Dignity Memorial
- 1979-05-23 [Bert Lance, 3 Associates Indicted - The Washington Post](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNS3NtaXo5UTR6X1h4QWhTZjJKSk1qNHdLa09rV2hYVXplRGQxRmR1RHNtVTllbkxLdlZ2U2x4Wl9SU01KTHA5WXRFRXNMMWhGRjVRcVpNWmcwRURZU1VTdTMydDZEdUpXdWdIRWp5UHhSVWlXdkZIejUwbGRfQklDenI5Z25DODl1T25hdk5LSWcySHRGNWhkOW5RNmNPVlhTMndDOUFraXl4djlxUjlsVjk3NWY4cVViQzBYQWRPeGt0MVFQNG16eg?oc=5) · The Washington Post
- 2013-02-07 [Northwest Georgia Bank Hires Greg Gordy As Vice President-Enterprise Risk Management - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMikwFBVV95cUxPY3gyaGZPWFBmaGpoaW5aTTlVVWNFd0RKV1lBXzNqX3p0Nlk1c2FERUNnSUFtRkxMR0FORzhnXzVlOTZDVmdhbmdVTWdEVm9OQWVFUG5DSldrcEJPZXd5N2NYRUF4S3FTdjBqN3dvMEt3dDhfelk2SUtKWGVUVF9KWVpTbThwM2JzOHZ0bUlFdU5SQXc?oc=5) · Chattanoogan.com Breaking News
- 2013-02-28 [Wes Smith leaves as Northwest Georgia Bank CEO - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMilgFBVV95cUxPSVhhQ1ptUXVWRUZGRWpjVlo0TV83NWhmazFUSzVTUWxFbGdNTEJaUTF5bko0OVFzVWc4N29OTDk0THhIdmFpQVpxeXNicjRXWkdQa3JtQU80VnFQWmIzQjBHeGdsNTgyWEFldm52alBrLVJZcE5UWktpYnJ5Nlh0cnZkYmxCaEJiUG1ON2dPbG1MV0NzWGc?oc=5) · Chattanooga Times Free Press

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9246 (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/30.json (key "9246", 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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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide