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BankHealth

SOUTH GEORGIA BANKING CO

OMEGA, GEORGIA · FDIC Cert #20198

A
Health Score
92/100
$557M
Total Assets
$485M
Total Deposits
17.92%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SOUTH GEORGIA BANKING CO holds a Tier 1 capital ratio of 17.92%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUTH GEORGIA BANKING CO has a strong buffer to absorb potential losses.

Key Financial Metrics

0.98%
Nonperforming Loans
Low — healthy loan portfolio
27.91%
Liquidity Ratio
Strong — can meet withdrawal demands
2.13%
Return on Assets
Profitable — earning well on assets
$485M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SOUTH GEORGIA BANKING CO shows strong financial health indicators. With $557M in assets and a Health Score of 92/100, 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

SOUTH GEORGIA BANKING CO has a Bank Health Score of A (92/100). It holds a Tier 1 capital ratio of 17.92%, 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.

SOUTH GEORGIA BANKING CO holds $557M in total assets and $485M in total deposits. It is located in OMEGA, GEORGIA (FDIC Certificate #20198).

SOUTH GEORGIA BANKING CO has a Tier 1 capital ratio of 17.92%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.98%, and the return on assets is 2.13%.

Yes. SOUTH GEORGIA BANKING CO is FDIC-insured (Certificate #20198). 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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