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

This bank is inactive as of June 01, 2010

  • 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

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