This institution is no longer active

Operations ceased on November 11, 2016. CRA examination history below reflects the period it was active.

INDEPENDENCE BANK OF GEORGIA

BRASELTON, GA · Supervised by FDIC

Est. 2008FDIC #58,736RSSD: FDIC-58736

Satisfactory

Current rating · Exam: May 2014

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Institution Profile

FDIC BankFind

Address

6322 Grand Hickory Drive, Suite 300d, BRASELTON, GA

County

Gwinnett County

Established

October 15, 2008

Total Assets

$190M(latest call report)

Financial Snapshot

As of Q3 2016Call Report / FDIC

Total Assets

$190M

Total Deposits

$157M

Net Loans

$149M

Net Income

$1M

ROA

0.86%

ROE

6.75%

Risk-Based Capital

16.59%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

May 1, 2014

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

1 previous rating locked — dating back to 2010

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

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