Glennville Bank in Glennville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Glennville Bank in Glennville, Georgia (GA)
  • Show street view No street view available for this location
Glennville Bank routing number info

Glennville Bank - Overview

  • General
  • FDIC Certificate #: 9244
    Status: Active
    Federal Reserve ID: 439132
    Bank Holding Company (Regulatory Top Holder): Gb Bank Group, Inc. (RSSDID: 3348897, Location: Glennville, GA)
    Date Established: January 18, 1905
    WWW: http://www.glennvillebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 4, Interstate: No)
    FDIC's unique #: 5915
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 2012
    Last Structure Change Process Date: March 28, 2012
    Last Data Update: March 28, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 East Barnard Street, Glennville, GA 30427
    County: Tattnall
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $137.2 mil
    Equity capital: $14.5 mil
    Deposits held in domestic offices: $120.2 mil
    Return on assets (ROA): 1.04% ($1.4 mil)
    Quarterly return on assets: 0.80% ($1.1 mil)
    Return on Equity (ROE): 10.15% ($1.5 mil)
    Quarterly return on equity: 7.53% ($1.1 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.55% ($2,126.3 mil)
    Quarterly Pretax return on assets: 1.26% ($1,728.5 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, 2011)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $137,181Total assets
  • $10,619Cash and due from depository institutions
  • $9,262Interest-bearing balances
  • $32,112Securities
  • $449Federal funds sold & reverse repurchase agreements
  • $86,877Net loans & leases
  • $1,430Loan loss allowance
  • $0Trading account assets
  • $2,822Bank premises and fixed assets
  • $2,582Other real estate owned
  • $0Goodwill and other intangibles
  • $137,181Life insurance assets
  • $1,720All other assets
  • $122,676Total liabilities and capital
  • $120,154Total liabilities
  • $104,429Total deposits
  • $120,154Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $522Subordinated debt
  • $14,505All other liabilities
  • $14,505Total equity capital
  • $14,505Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $5,700Surplus
  • $8,505Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,185Income earned, not collected on loans
  • $0Earning assets
  • $839Long-term assets (5+ years)
  • $128,700Average Assets, year-to-date
  • $30,841Average Assets, quarterly
  • $138,068Volatile liabilities
  • $136,795Insider loans
  • $91,135FHLB advances
  • $135,337Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,366Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,799Restructured Loans and leases
  • $3,955Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,106Total interest income
  • $1,395Total interest expense
  • $5,711Net interest income
  • $1,010Provision for loan and lease losses
  • $874Total noninterest income
  • $0Fiduciary activities
  • $687Service charges on deposit accounts
  • $0Trading account gains & fees
  • $187Additional noninterest income
  • $3,444Total noninterest expense
  • $1,731Salaries and employee benefits
  • $482Premises and equipment expense
  • $1,231Additional noninterest expense
  • $2,131Pre-tax net operating income
  • $10Securities gains (losses)
  • $710Applicable income taxes
  • $1,431Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,431Net income attributable to bank
  • $0Net charge-offs
  • $1,431Cash dividends
  • $1,000Sale, conversion, retirement of capital stock, net
  • $666Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.52%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.43%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 10.15%Return on equity (ROE)
  • 5.43%Retained earnings to average equity (YTD only)
  • 1.14%Net charge-offs to loans
  • 101.00%Credit loss provision to net charge-offs
  • 3.14%Efficiency ratio
  • 52,301Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.54%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 120.68%Noncurrent assets plus other real estate owned to assets
  • 2.75%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 72.30%Net loans and leases to core deposits
  • 76.14%Equity capital to assets
  • 10.57%Core capital (leverage) ratio
  • 10.61%Tier 1 risk-based capital ratio
  • 15.76%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $138,068Average earning assets
  • $14,095Average equity
  • $128,847Average loans

List of branches

  • 6 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    05915Glennville Bank102 East Barnard Street, Glennville, GA 30427January 18, 1905Full Service Brick and Mortar
    1219779Main Street Facility702 North Main Street, Glennville, GA 30427November 24, 1976Limited Service Facility
    3363459Ludowici Branch131 East Cypress Street, Ludowici, GA 31316October 16, 2000Full Service Brick and Mortar
    4505908Reidsville Bank, A Branch Of Glennville Bank246 South Main Street, Suite F, Reidsville, GA 30453March 10, 2010Full Service Brick and Mortar
    510016Tippins Bank Branch101 North Duval Street, Claxton, GA 30417June 12, 1939Full Service Brick and Mortar
    6235248West Main Street Branch15 West Main Street, Claxton, GA 30417April 21, 1980Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Glennville Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents