CB&T Bank of East Alabama in Phenix City, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2010

  • CB&T Bank of East Alabama in Phenix City, Alabama (AL)
  • Show street view No street view available for this location

CB&T Bank of East Alabama - Overview

  • General
  • FDIC Certificate #: 9055
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 87533
    Date Established: April 06, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 5793
    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: January 01, 1934
    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: 1000 13th Street, Phenix City, AL 36868
    County: Russell
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Columbus, GA-AL (#1800)
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Columbus, GA-AL (#17980)
    CBSA Metro Statistical Area: Columbus, GA-AL (#17980)
  • Financial Summary
  • Total assets: $328.5 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, 2009)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $294,815Total assets
  • $4,515Cash and due from depository institutions
  • $358Interest-bearing balances
  • $19,618Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $246,151Net loans & leases
  • $7,182Loan loss allowance
  • $0Trading account assets
  • $16,666Bank premises and fixed assets
  • $839Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,026All other assets
  • $294,815Total liabilities and capital
  • $266,333Total liabilities
  • $260,369Total deposits
  • $218,792Interest-bearing deposits
  • $260,369Deposits held in domestic offices
  • 88.02%% insured (estimated)
  • $4,459Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,505All other liabilities
  • $28,482Total equity capital
  • $28,482Total bank equity capital
  • $28,482Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $11,833Undivided profits
  • Memoranda
  • $16,648Noncurrent loans and leases
  • $17,492Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,438Earning assets
  • $0Long-term assets (5+ years)
  • $1,509Average Assets, year-to-date
  • $266,127Average Assets, quarterly
  • $25,601Volatile liabilities
  • $305,877Insider loans
  • $306,658FHLB advances
  • $75,186Loans and leases held for sale
  • $4,326Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,492Total unused commitments
  • $0Restructured Loans and leases
  • $3,280Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $15,586Total interest income
  • $3,832Total interest expense
  • $11,754Net interest income
  • $4,537Provision for loan and lease losses
  • $1,687Total noninterest income
  • $0Fiduciary activities
  • $2,080Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$393Additional noninterest income
  • $8,372Total noninterest expense
  • $3,583Salaries and employee benefits
  • $1,280Premises and equipment expense
  • $3,509Additional noninterest expense
  • $532Pre-tax net operating income
  • $265Securities gains (losses)
  • $270Applicable income taxes
  • $527Income before extraordinary items
  • $0Extraordinary gains - net
  • $527Net income attributable to bank
  • $0Net charge-offs
  • $527Cash dividends
  • $1,687Sale, conversion, retirement of capital stock, net
  • $775Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.12%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 1.95%Return on equity (ROE)
  • -0.92%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 268.94%Credit loss provision to net charge-offs
  • 3.00%Efficiency ratio
  • 62,287Assets per employee
  • 5.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 147.06%Loss allowance to loans
  • 2.84%Loss allowance to noncurrent loans
  • 132.07%Noncurrent assets plus other real estate owned to assets
  • 2.13%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 94.54%Net loans and leases to core deposits
  • 129.80%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 10.91%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $305,877Average earning assets
  • $26,972Average equity
  • $278,038Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with CB&T Bank of East Alabama.
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