Community Bank and Trust of Southeast Alabama - Overview
General
FDIC Certificate #: 19649 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Synovus Bank (#873) Federal Reserve ID: 313531 Date Established: November 28, 1966 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) FDIC's unique #: 13448 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: November 28, 1966 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: 3680 West Main Street, Dothan, AL 36305 County: Houston 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): Dothan, AL (#2180) Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222) Core Based Statistical Area (CBSA): Dothan, AL (#20020) CBSA Metro Statistical Area: Dothan, AL (#20020)
Financial Summary
Total assets: $529.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
88Total employees (full-time equivalent)
$539,293Total assets
$8,205Cash and due from depository institutions
$107Interest-bearing balances
$57,583Securities
$64,981Federal funds sold & reverse repurchase agreements
$383,142Net loans & leases
$10,780Loan loss allowance
$0Trading account assets
$11,440Bank premises and fixed assets
$563Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$13,379All other assets
$539,293Total liabilities and capital
$500,035Total liabilities
$470,349Total deposits
$413,370Interest-bearing deposits
$470,349Deposits held in domestic offices
76.27%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$28,000Other borrowed funds
$0Subordinated debt
$1,686All other liabilities
$39,258Total equity capital
$39,258Total bank equity capital
$39,258Perpetual preferred stock
$0Common stock
$460Surplus
$17,556Undivided profits
Memoranda
$21,242Noncurrent loans and leases
$59,783Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,983Earning assets
$490Long-term assets (5+ years)
$2,529Average Assets, year-to-date
$505,813Average Assets, quarterly
$89,303Volatile liabilities
$535,287Insider loans
$546,950FHLB advances
$138,200Loans and leases held for sale
$10,772Unused loan commitments
$28,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$59,783Total unused commitments
$6,052Restructured Loans and leases
$4,994Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$25,164Total interest income
$6,656Total interest expense
$18,508Net interest income
$12,322Provision for loan and lease losses
$3,705Total noninterest income
$0Fiduciary activities
$2,709Service charges on deposit accounts
$0Trading account gains & fees
$996Additional noninterest income
$12,078Total noninterest expense
$5,681Salaries and employee benefits
$1,292Premises and equipment expense
$5,105Additional noninterest expense
-$2,187Pre-tax net operating income
$557Securities gains (losses)
-$733Applicable income taxes
-$897Income before extraordinary items
$0Extraordinary gains - net
-$897Net income attributable to bank
$0Net charge-offs
-$897Cash dividends
$7,472Sale, conversion, retirement of capital stock, net
$1,884Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.97%Yield on earning assets
1.31%Cost of funding earning assets
3.66%Net interest margin
0.73%Noninterest income to earning assets
2.39%Noninterest expense to earning assets
-0.23%Net operating income to assets
-0.17%Return on assets (ROA)
-0.30%Pretax return on assets
-2.20%Return on equity (ROE)
-6.82%Retained earnings to average equity (YTD only)
1.75%Net charge-offs to loans
164.91%Credit loss provision to net charge-offs
1.36%Efficiency ratio
54,374Assets per employee
6.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
-210.03%Loss allowance to loans
2.74%Loss allowance to noncurrent loans
270.65%Noncurrent assets plus other real estate owned to assets
0.84%Noncurrent loans to loans
1.01%Net loans and leases to deposits
81.46%Net loans and leases to core deposits
106.38%Equity capital to assets
7.28%Core capital (leverage) ratio
7.14%Tier 1 risk-based capital ratio
9.83%Total risk-based capital ratio
Memoranda
$11Average assets
$535,287Average earning assets
$40,794Average equity
$506,283Average loans
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