This institution is no longer active

Operations ceased on April 15, 2011. CRA examination history below reflects the period it was active.

NEW HORIZONS BANK

EAST ELLIJAY, GA · Supervised by FDIC

Est. 2004FDIC #57,705RSSD: FDIC-57705

Part ofNEW HORIZONS BANKSHARES INC→ View all charters

Satisfactory

Current rating · Exam: December 2006

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -1.87%

Institution Profile

FDIC BankFind

Address

489 Highland Xing, EAST ELLIJAY, GA

County

Gilmer County

Established

May 21, 2004

Total Assets

$103M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

December 1, 2006

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 19 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2011Call Report / FDIC

Total Assets

$103M

Total Deposits

$99M

Net Loans

$68M

Net Income

$-501K

ROA

-1.87%

ROE

-919.27%

Risk-Based Capital

-0.24%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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