CB&T Bank of East Alabama in Phenix City, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2010

  • CB&T Bank of East Alabama in Phenix City, Alabama (AL)
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CB&T Bank of East Alabama - Overview

  • General
  • FDIC Certificate #: 9055
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 87533
    Date Established: April 06, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 5793
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 14, 2010
    Last Data Update: June 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 13th Street, Phenix City, AL 36868
    County: Russell
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Columbus, GA-AL (#1800)
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Columbus, GA-AL (#17980)
    CBSA Metro Statistical Area: Columbus, GA-AL (#17980)
  • Financial Summary
  • Total assets: $328.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2009)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $294,815Total assets
  • $4,515Cash and due from depository institutions
  • $358Interest-bearing balances
  • $19,618Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $246,151Net loans & leases
  • $7,182Loan loss allowance
  • $0Trading account assets
  • $16,666Bank premises and fixed assets
  • $839Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,026All other assets
  • $294,815Total liabilities and capital
  • $266,333Total liabilities
  • $260,369Total deposits
  • $218,792Interest-bearing deposits
  • $260,369Deposits held in domestic offices
  • 88.02%% insured (estimated)
  • $4,459Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,505All other liabilities
  • $28,482Total equity capital
  • $28,482Total bank equity capital
  • $28,482Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $11,833Undivided profits
  • Memoranda
  • $16,648Noncurrent loans and leases
  • $17,492Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,438Earning assets
  • $0Long-term assets (5+ years)
  • $1,509Average Assets, year-to-date
  • $266,127Average Assets, quarterly
  • $25,601Volatile liabilities
  • $305,877Insider loans
  • $306,658FHLB advances
  • $75,186Loans and leases held for sale
  • $4,326Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,492Total unused commitments
  • $0Restructured Loans and leases
  • $3,280Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $15,586Total interest income
  • $3,832Total interest expense
  • $11,754Net interest income
  • $4,537Provision for loan and lease losses
  • $1,687Total noninterest income
  • $0Fiduciary activities
  • $2,080Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$393Additional noninterest income
  • $8,372Total noninterest expense
  • $3,583Salaries and employee benefits
  • $1,280Premises and equipment expense
  • $3,509Additional noninterest expense
  • $532Pre-tax net operating income
  • $265Securities gains (losses)
  • $270Applicable income taxes
  • $527Income before extraordinary items
  • $0Extraordinary gains - net
  • $527Net income attributable to bank
  • $0Net charge-offs
  • $527Cash dividends
  • $1,687Sale, conversion, retirement of capital stock, net
  • $775Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 1.95%Return on equity (ROE)
  • -0.92%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 268.94%Credit loss provision to net charge-offs
  • 3.00%Efficiency ratio
  • 62,287Assets per employee
  • 5.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 147.06%Loss allowance to loans
  • 2.84%Loss allowance to noncurrent loans
  • 132.07%Noncurrent assets plus other real estate owned to assets
  • 2.13%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 94.54%Net loans and leases to core deposits
  • 129.80%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 10.91%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $305,877Average earning assets
  • $26,972Average equity
  • $278,038Average loans

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