SB&T BANK in city_name, state_name - Detailed Financial Reports, Location

SB&T BANK in Albany, Georgia (GA)
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SB&T BANK - Overview

General
FDIC Certificate #: 20246
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Synovus Bank (#873)
Federal Reserve ID: 2938
Date Established: August 31, 1970
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Interstate: No)
FDIC's unique #: 13925
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: August 31, 1970
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: 401 Pine Avenue, Albany, GA 31702
County: Dougherty
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Albany, GA (#120)
Core Based Statistical Area (CBSA): Albany, GA (#10500)
CBSA Metro Statistical Area: Albany, GA (#10500)
Financial Summary
Total assets: $612.9 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
107Total employees (full-time equivalent)
$611,107Total assets
$12,947Cash and due from depository institutions
$140Interest-bearing balances
$73,118Securities
$27,682Federal funds sold & reverse repurchase agreements
$466,531Net loans & leases
$10,447Loan loss allowance
$0Trading account assets
$11,915Bank premises and fixed assets
$1,256Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$17,658All other assets
$611,107Total liabilities and capital
$560,019Total liabilities
$520,448Total deposits
$444,420Interest-bearing deposits
$520,448Deposits held in domestic offices
77.77%% insured (estimated)
$6,922Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,000Other borrowed funds
$0Subordinated debt
$3,649All other liabilities
$51,088Total equity capital
$51,088Total bank equity capital
$51,088Perpetual preferred stock
$0Common stock
$2,050Surplus
$41,800Undivided profits
Memoranda
$7,238Noncurrent loans and leases
$85,315Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$16,603Earning assets
$0Long-term assets (5+ years)
$3,783Average Assets, year-to-date
$567,471Average Assets, quarterly
$73,305Volatile liabilities
$631,817Insider loans
$615,269FHLB advances
$174,493Loans and leases held for sale
$52,784Unused loan commitments
$29,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$85,315Total unused commitments
$370Restructured Loans and leases
$6,160Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$30,827Total interest income
$9,398Total interest expense
$21,429Net interest income
$20,047Provision for loan and lease losses
$2,736Total noninterest income
$0Fiduciary activities
$3,443Service charges on deposit accounts
$0Trading account gains & fees
-$707Additional noninterest income
$15,264Total noninterest expense
$6,746Salaries and employee benefits
$1,466Premises and equipment expense
$7,052Additional noninterest expense
-$11,146Pre-tax net operating income
$234Securities gains (losses)
-$4,403Applicable income taxes
-$6,509Income before extraordinary items
$0Extraordinary gains - net
-$6,509Net income attributable to bank
$0Net charge-offs
-$6,509Cash dividends
$20,696Sale, conversion, retirement of capital stock, net
$619Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
1.58%Cost of funding earning assets
3.60%Net interest margin
0.46%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
-1.05%Net operating income to assets
-1.03%Return on assets (ROA)
-1.73%Pretax return on assets
-13.30%Return on equity (ROE)
-14.57%Retained earnings to average equity (YTD only)
4.16%Net charge-offs to loans
96.86%Credit loss provision to net charge-offs
0.43%Efficiency ratio
63,166Assets per employee
5.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
-9.51%Loss allowance to loans
2.19%Loss allowance to noncurrent loans
62.92%Noncurrent assets plus other real estate owned to assets
2.92%Noncurrent loans to loans
3.48%Net loans and leases to deposits
89.64%Net loans and leases to core deposits
122.17%Equity capital to assets
8.36%Core capital (leverage) ratio
8.13%Tier 1 risk-based capital ratio
10.12%Total risk-based capital ratio
Memoranda
$11Average assets
$631,817Average earning assets
$48,938Average equity
$594,955Average loans

SB&T BANK in Albany, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

SB&T BANK - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

SB&T BANK in Albany, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

SB&T BANK - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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

SB&T BANK in Albany, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches