Table of Contents - Governor's Office of Planning and Budget

Department of Banking and Finance
ZBB Program: Financial Institution Supervision
Performance Measures
Program
Description
The Financial Institution Supervision program charters, regulates, and examines state-chartered banks, trust companies, credit unions, bank
holding companies, and international banking organizations that operate in Georgia.
Goals
1.
The ultimate or long-term goals of this Program are:
2. To process applications and notifications in a timely manner.
3.
4.
To maintain the safety and soundness of financial institutions, thereby promoting confidence in the financial system and protecting the
interests of the depositors, creditors, and shareholders of the financial institutions.
To preserve the choice of financial institution charters by promoting a state system of financial institutions that is responsive to state and
communtiy needs and conducive to economic progress.
To use the Department's Early Warning System (EWS) that includes surveillance, research and policy functions to identify and mitigate material
risk conditions of state-chartered financial institutions.
Performance Measures
FY 2009 FY 2010 FY 2011 FY 2012
1. Average examination turnaround time for bank and credit union
77 123 100 73
examinations (calendar days; 90 day target)
2. Average report turnaround time for bank and credit union
53 106 76 55
examinations (calendar days)
3. Number of examinations conducted of state-chartered banks and
179 194 205 200
credit unions
4. Number of formal administrative actions outstanding for banks and
48 64 75 75
credit unions
Office of Planning and Budget 26