Sumter Bank and Trust Company in Americus, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 2009

Sumter Bank and Trust Company in Americus, Georgia (GA)
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Sumter Bank and Trust Company - Overview

General
FDIC Certificate #: 21803
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SB&T BANK (#20246)
Federal Reserve ID: 17839
Date Established: October 28, 1974
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 15103
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: October 28, 1974
Last Structure Change Effective Date: March 16, 2009
Last Structure Change Process Date: April 07, 2009
Last Data Update: April 07, 2009
Data Source Date: April 05, 2012
Location
Address: 201 East Lamar Street, Americus, GA 31709
County: Sumter
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
Core Based Statistical Area (CBSA): Americus, GA (#11140)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $209.0 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, 2008)

Dollar figures in thousands
44Total employees (full-time equivalent)
$208,980Total assets
$3,534Cash and due from depository institutions
$47Interest-bearing balances
$42,140Securities
$0Federal funds sold & reverse repurchase agreements
$158,341Net loans & leases
$2,484Loan loss allowance
$0Trading account assets
$2,229Bank premises and fixed assets
$143Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,593All other assets
$208,980Total liabilities and capital
$192,949Total liabilities
$184,026Total deposits
$160,263Interest-bearing deposits
$184,026Deposits held in domestic offices
0.00%% insured (estimated)
$7,280Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,643All other liabilities
$16,031Total equity capital
$16,031Total bank equity capital
$16,031Perpetual preferred stock
$0Common stock
$800Surplus
$9,301Undivided profits
Memoranda
$5,930Noncurrent loans and leases
$29,053Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$619Earning assets
$0Long-term assets (5+ years)
$1,988Average Assets, year-to-date
$200,528Average Assets, quarterly
$36,629Volatile liabilities
$206,224Insider loans
$210,038FHLB advances
$64,722Loans and leases held for sale
$9,768Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,053Total unused commitments
$0Restructured Loans and leases
$2,082Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$11,975Total interest income
$4,387Total interest expense
$7,588Net interest income
$701Provision for loan and lease losses
$1,675Total noninterest income
$0Fiduciary activities
$1,295Service charges on deposit accounts
$0Trading account gains & fees
$380Additional noninterest income
$4,603Total noninterest expense
$2,420Salaries and employee benefits
$439Premises and equipment expense
$1,744Additional noninterest expense
$3,959Pre-tax net operating income
$0Securities gains (losses)
$1,444Applicable income taxes
$2,515Income before extraordinary items
$0Extraordinary gains - net
$2,515Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$280Sale, conversion, retirement of capital stock, net
$3,194Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.07%Yield on earning assets
2.23%Cost of funding earning assets
3.85%Net interest margin
0.85%Noninterest income to earning assets
2.34%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.92%Pretax return on assets
15.69%Return on equity (ROE)
-4.24%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
250.36%Credit loss provision to net charge-offs
16.64%Efficiency ratio
49,692Assets per employee
4.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
127.00%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
401.29%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.38%Net loans and leases to deposits
86.04%Net loans and leases to core deposits
125.09%Equity capital to assets
7.67%Core capital (leverage) ratio
7.03%Tier 1 risk-based capital ratio
8.94%Total risk-based capital ratio
Memoranda
$10Average assets
$206,224Average earning assets
$16,026Average equity
$197,120Average loans

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