Southern Bank & Trust in Clarkesville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Southern Bank & Trust in Clarkesville, Georgia (GA)
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Southern Bank & Trust routing number info

Southern Bank & Trust - Overview

  • General
  • FDIC Certificate #: 58143
    Status: Active
    Federal Reserve ID: 3353266
    Bank Holding Company (Regulatory Top Holder): Sbt Bancorp, Inc. (RSSDID: 3353275, Location: Clarkesville, GA)
    Date Established: December 06, 2005
    WWW: http://www.sbandt.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 440470
    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: December 06, 2005
    Last Structure Change Effective Date: January 02, 2008
    Last Structure Change Process Date: July 06, 2010
    Last Data Update: July 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 Southern Bank Drive, Clarkesville, GA 30523
    County: Habersham
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Cornelia, GA (#18460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $97.0 mil
    Equity capital: $10.6 mil
    Deposits held in domestic offices: $85.9 mil
    Return on assets (ROA): 0.43% ($0.4 mil)
    Quarterly return on assets: 0.33% ($0.3 mil)
    Return on Equity (ROE): 3.92% ($0.4 mil)
    Quarterly return on equity: 3.00% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.78% ($757.0 mil)
    Quarterly Pretax return on assets: 0.73% ($708.4 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
  • 19Total employees (full-time equivalent)
  • $97,045Total assets
  • $2,868Cash and due from depository institutions
  • $89Interest-bearing balances
  • $29,947Securities
  • $735Federal funds sold & reverse repurchase agreements
  • $61,331Net loans & leases
  • $1,384Loan loss allowance
  • $0Trading account assets
  • $204Bank premises and fixed assets
  • $654Other real estate owned
  • $0Goodwill and other intangibles
  • $97,045Life insurance assets
  • $1,306All other assets
  • $86,495Total liabilities and capital
  • $85,876Total liabilities
  • $81,727Total deposits
  • $85,876Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $619Subordinated debt
  • $10,550All other liabilities
  • $10,550Total equity capital
  • $10,550Total bank equity capital
  • $0Perpetual preferred stock
  • $4,750Common stock
  • $5,989Surplus
  • $-189Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,585Income earned, not collected on loans
  • $0Earning assets
  • $452Long-term assets (5+ years)
  • $92,102Average Assets, year-to-date
  • $29,136Average Assets, quarterly
  • $93,482Volatile liabilities
  • $95,612Insider loans
  • $60,253FHLB advances
  • $95,003Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,146Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,972Restructured Loans and leases
  • $1,504Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,919Total interest income
  • $1,000Total interest expense
  • $3,919Net interest income
  • $504Provision for loan and lease losses
  • $282Total noninterest income
  • $0Fiduciary activities
  • $136Service charges on deposit accounts
  • $0Trading account gains & fees
  • $146Additional noninterest income
  • $3,104Total noninterest expense
  • $1,261Salaries and employee benefits
  • $802Premises and equipment expense
  • $1,041Additional noninterest expense
  • $593Pre-tax net operating income
  • $135Securities gains (losses)
  • $329Applicable income taxes
  • $399Income before extraordinary items
  • $0Extraordinary gains - net
  • $399Net income attributable to bank
  • $0Net charge-offs
  • $399Cash dividends
  • $238Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.41%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 3.92%Return on equity (ROE)
  • 3.92%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 211.76%Credit loss provision to net charge-offs
  • 4.61%Efficiency ratio
  • 73,887Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.21%Loss allowance to noncurrent loans
  • 87.32%Noncurrent assets plus other real estate owned to assets
  • 2.31%Noncurrent loans to loans
  • 2.53%Net loans and leases to deposits
  • 71.42%Net loans and leases to core deposits
  • 72.28%Equity capital to assets
  • 10.87%Core capital (leverage) ratio
  • 10.68%Tier 1 risk-based capital ratio
  • 16.84%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $93,482Average earning assets
  • $10,168Average equity
  • $88,899Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0440470Southern Bank & Trust111 Southern Bank Drive, Clarkesville, GA 30523December 06, 2005Full Service Brick and Mortar
    1454904Messenger Service160 Louise Street, Clarkesville, GA 30523September 11, 2006Limited Service Messenger

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