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BankHealth

GEORGIA PRIMARY BANK

ATLANTA, GEORGIA · FDIC Cert #58523

B
Health Score
67/100
$344M
Total Assets
$315M
Total Deposits
11.57%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, GEORGIA PRIMARY BANK holds a Tier 1 capital ratio of 11.57%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning GEORGIA PRIMARY BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.91%
Nonperforming Loans
Moderate — some loan stress
24.67%
Liquidity Ratio
Strong — can meet withdrawal demands
0.35%
Return on Assets
Low profitability
$315M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

GEORGIA PRIMARY BANK shows strong financial health indicators. With $344M in assets and a Health Score of 67/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

GEORGIA PRIMARY BANK has a Bank Health Score of B (67/100). It holds a Tier 1 capital ratio of 11.57%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

GEORGIA PRIMARY BANK holds $344M in total assets and $315M in total deposits. It is located in ATLANTA, GEORGIA (FDIC Certificate #58523).

GEORGIA PRIMARY BANK has a Tier 1 capital ratio of 11.57%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.91%, and the return on assets is 0.35%.

Yes. GEORGIA PRIMARY BANK is FDIC-insured (Certificate #58523). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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