BNET Industries
Market Cap:$2.3M
Last Fiscal Year Sales:$14.2M
- Public
- US
Dow Jones Description
Georgia Bancshares, Inc. was incorporated as a Georgia corporation on December 21, 2000 and became the holding company for The Bank of Georgia on May 18, 2001 following the consummation of a statutory share exchange. Our bank commenced operations on February 18, 2000 and conducts a community-oriented commercial and retail banking business, focusing on the needs of individuals and small- to medium-sized businesses in Peachtree City, the rest of Fayette County, and portions of Coweta County in Georgia. On November 12, 2002, we opened a new office at 100 Westpark Drive, Peachtree City, Georgia. On January 3, 2003, we designated this office as our corporate headquarters and designated our former main office at 2008 Highway 54 West, Fayetteville, Georgia, as a branch office. Our goal is to operate the leading community bank in our market area. We intend to achieve this goal by increasing asset size through internal growth and branch expansion, providing personalized service with a community focus, hiring, developing, and retaining high caliber and motivated employees, maintaining high asset quality, and offering our customers a variety of competitive products and services.
Contact Information
2008 Hgwy 54 W
Fayvetteville, Georgia 30214
404 817 6271
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Georgia Bancshares Posts Q3 Loss Of $1.9 Mln Or $0.57/shr - Quick Facts
News & Analysis
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georgia bancshares inc. - All News and Analysis
Georgia Bancshares, Inc. Reports First Quarter 2009 Results
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTC BB:GABA.OB), the parent company of The Bank of Georgia, today announced a net loss of ($1.6 million) or ($0.47) per share...
Georgia Bancshares, Inc. Reports 2008 Results
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTCBB: GABA.OB), the parent company of The Bank of Georgia, today announced a net loss of ($3.5 million) or ($1.10) per share for the year ended December 31, 2008, compared to net income of $2.1 million or $0.71 per share for the year...
Georgia Bancshares, Inc. Reports Nine Months Results
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTC BB:GABA.OB), the parent company of The Bank of Georgia, today announced a net loss of ($.7 million) or ($0.24) per share for the nine months ended September 30, 2008, compared to a net income of $2.4 million or $0.84 per share for...
Georgia Bancshares, Inc. Announces Suspension of Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc. (OTCBB: GABA.OB) the parent company of The Bank of Georgia, today announced that it would suspend payment of a fourth quarter dividend to shareholders of both common and preferred stock. "The decision by the Board of Directors to suspend the payment of...
Georgia Bancshares, Inc. Reports Six Months Earnings, Announces Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTC BB:GABA.OB), the parent company of The Bank of Georgia, today announced net income of $.2 million or $0.07 per share for the six months ended June 30, 2008, a 88.3% decrease when compared to $1.7 million or $0.60 per share for the...
Georgia Bancshares, Inc. Reports First Quarter Earnings, Announces Quarterly Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTC BB:GABA.OB), the parent company of The Bank of Georgia, today announced net income of $.2 million or $0.07 per share for the three months ended March 31, 2008, a 72.8% decrease when compared to $.7 million or $0.26 per share for the...
Georgia Bancshares, Inc. Reports 2007 Earnings, Announces Quarterly Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTC BB:GABA.OB), the parent company of The Bank of Georgia, today announced net income of $2.1 million or $0.71 per share for the twelve months ended December 31, 2007, a 46.1% decrease when compared to $3.9 million or $1.37 per share for the...
Georgia Bancshares, Inc. Reports Third Quarter Earnings, Announces Quarterly Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTCBB:GABA.OB), the parent company of The Bank of Georgia, today announced net income for the third quarter of 2007 of $706,888, or $.24 per share. Same quarter earnings for 2006 were $917,519, or $.33 per share. Net income for the nine months ended...
Georgia Bancshares, Inc. Reports Second Quarter Earnings, Announces Increased Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTCBB:GABA), the parent company of The Bank of Georgia, today announced net income for the second quarter of 2007 of $997,652, or $.34 per share. Same quarter earnings for 2006 were $968,678, or $.34 per share. Net income for the six months ended...
Georgia Bancshares, Inc. Reports First Quarter Earnings, Announces Quarterly Cash Dividend
PEACHTREE CITY, Ga. -- Georgia Bancshares, Inc., (OTCBB:GABA), the parent company of The Bank of Georgia, today announced net income for the first quarter of 2007 of $738,085, or $.26 per share. Same quarter earnings for 2006 were $1,055,600, or $.37 per share, which included a one time gain of...
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