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North Georgia national bank

North Georgia national bank

North Georgia national bank

North Georgia National Bank has a Return on Equity of 10.95% versus the BestCashCow average of 11.29%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.Building trust with customers is the most important aspect of business. North Georgia National Bank has developed a devoted following among their customers by investing in the quality of their product and customer service. The quality of the service greatly influences their retention rate.

Bank

North Georgia National Bank has 4 banking locations. Their corporate headquarters is listed as: 350 West Belmont Drive in Calhoun Georgia. Below you will find ratings, reviews, corporate information, directions, office hours, their phone number, online banking website, and branch locations. We currently have no ratings or reviews for this bank location. If you have used their banking services in the past please consider leaving a review or rating for future vistors to this page - it is very much appreciated!.The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses. North Georgia National Bank has a Return on Equity of 10.95% versus the BestCashCow average of 11.29%.

Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be consideredAs of June 30, 2021, North Georgia National Bank had $0 in non-current loans and $231,000 in owned real estate. To cover these potential losses it had $16,045,000 in equity and $1,067,000 in loans loss reserves. That gives it a Texas Ratio of 1.35%.As of June 30, 2021, North Georgia National Bank had assets of $184,690,000, loans of $88,641,000, and deposits of $164,669,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger. (Source:www.bestcashcow.com)

 

 

 

 

 

 

 

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