Georgia Bank & Trust Company of Augusta in Augusta, Georgia (GA), SC
Overview, Financial Summary, Detailed Financial Reports, Branches


Georgia Bank & Trust Company of Augusta - Overview

  • General
  • FDIC Certificate #: 27574
    Status: Active
    Federal Reserve ID: 1402610
    Bank Holding Company (Regulatory Top Holder): Southeastern Bank Financial Corporation (RSSDID: 1938865, Location: Augusta, GA)
    Date Established: August 28, 1989
    WWW: http://www.georgiabankandtrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: Yes)
    OTS Docket #: 10479
    FDIC's unique #: 40359
    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: August 28, 1989
    Last Structure Change Effective Date: December 05, 2011
    Last Structure Change Process Date: December 15, 2011
    Last Data Update: December 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3530 Wheeler Road, Augusta, GA 30909
    County: Richmond
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Augusta-Aiken, GA-SC (#600)
    Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
    CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,610.4 mil
    Equity capital: $137.6 mil
    Deposits held in domestic offices: $1,419.7 mil
    Return on assets (ROA): 0.71% ($11.4 mil)
    Quarterly return on assets: 0.78% ($12.6 mil)
    Return on Equity (ROE): 8.91% ($12.3 mil)
    Quarterly return on equity: 9.16% ($12.6 mil)
    Net income: $11.5 mil
    Quarterly Net income: $3.1 mil
    Pretax return on assets: 1.01% ($16,264.6 mil)
    Quarterly Pretax return on assets: 1.07% ($17,230.9 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, 2011)

  • Dollar figures in thousands
  • 344Total employees (full-time equivalent)
  • $1,610,361Total assets
  • $67,591Cash and due from depository institutions
  • $49,688Interest-bearing balances
  • $603,759Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $846,010Net loans & leases
  • $29,046Loan loss allowance
  • $0Trading account assets
  • $26,887Bank premises and fixed assets
  • $6,209Other real estate owned
  • $140Goodwill and other intangibles
  • $1,610,361Life insurance assets
  • $59,765All other assets
  • $1,472,752Total liabilities and capital
  • $1,419,704Total liabilities
  • $1,272,026Total deposits
  • $1,419,704Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 700.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $39,000Trading liabilities
  • $0Other borrowed funds
  • $13,348Subordinated debt
  • $137,609All other liabilities
  • $137,609Total equity capital
  • $137,609Total bank equity capital
  • $0Perpetual preferred stock
  • $3,125Common stock
  • $81,798Surplus
  • $52,686Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $29,046Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42,899Income earned, not collected on loans
  • $0Earning assets
  • $6,247Long-term assets (5+ years)
  • $1,499,457Average Assets, year-to-date
  • $548,998Average Assets, quarterly
  • $1,616,998Volatile liabilities
  • $1,612,999Insider loans
  • $1,020,956FHLB advances
  • $1,620,838Loans and leases held for sale
  • $30,713Unused loan commitments
  • $30,713Tier 1 (core) risk-based capital
  • $132,452Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $118,914Restructured Loans and leases
  • $37,819Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $67,640Total interest income
  • $16,495Total interest expense
  • $51,145Net interest income
  • $12,584Provision for loan and lease losses
  • $16,755Total noninterest income
  • $1,128Fiduciary activities
  • $6,749Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8,878Additional noninterest income
  • $40,033Total noninterest expense
  • $23,223Salaries and employee benefits
  • $4,402Premises and equipment expense
  • $12,408Additional noninterest expense
  • $15,283Pre-tax net operating income
  • $1,019Securities gains (losses)
  • $4,827Applicable income taxes
  • $11,475Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,475Net income attributable to bank
  • $0Net charge-offs
  • $11,475Cash dividends
  • $10,195Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 1.10%Cost of funding earning assets
  • 3.40%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 8.91%Return on equity (ROE)
  • 8.29%Retained earnings to average equity (YTD only)
  • 1.16%Net charge-offs to loans
  • 123.43%Credit loss provision to net charge-offs
  • 2.73%Efficiency ratio
  • 58,842Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.97%Loss allowance to loans
  • 3.32%Loss allowance to noncurrent loans
  • 67.71%Noncurrent assets plus other real estate owned to assets
  • 3.05%Noncurrent loans to loans
  • 4.90%Net loans and leases to deposits
  • 59.59%Net loans and leases to core deposits
  • 71.47%Equity capital to assets
  • 8.55%Core capital (leverage) ratio
  • 8.17%Tier 1 risk-based capital ratio
  • 12.97%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,616,998Average earning assets
  • $128,758Average equity
  • $1,503,181Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $181,698Managed Assets
  • 1Number of Accounts
  • $132,434Personal trust and agency accounts
  • $43,925Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $13,902Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $65,095Other fiduciary accounts
  • $9,512Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 317Number of Accounts
  • $0Personal trust and agency accounts
  • $13,902Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $49,264Other retirement accounts
  • $3,785Corporate trust and agency accounts
  • $894Other fiduciary accounts
  • $9,230Fiduciary accounts held in foreign offices

List of branches

  • 9 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040359Georgia Bank & Trust Company Of Augu3530 Wheeler Road, Augusta, GA 30909August 28, 1989Full Service Brick and Mortar
    1262300Southside Branch3111 Peach Orchard Road, Augusta, GA 30906December 16, 1991Full Service Brick and Mortar
    2262301Medical Center Branch1530 Walton Way, Augusta, GA 30904December 01, 1992Full Service Brick and Mortar
    332669Martinez Branch4109 Columbia Road, Martinez, GA 30907July 01, 1985Full Service Brick and Mortar
    5262303Evans Branch627 Washington West Drive, Evans, GA 30809November 14, 1994Full Service Brick and Mortar
    6262304Washington Road Branch3133 Washington Road, Augusta, GA 30907October 06, 1995Full Service Brick and Mortar
    8360422Fury's Ferry Branch409 Fury's Ferry Road, Martinez, GA 30907May 29, 2001Full Service Brick and Mortar
    9432612Eighth Street Branch32 Eighth Street, Augusta, GA 30901September 16, 2004Full Service Brick and Mortar
    11465215Evans Express Branch4446 Washington Road, Evans, GA 30809July 09, 2007Full Service Brick and Mortar
  • 3 South Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    12446181Southern Bank & Trust Aiken Branch149 Laurens Street, Nw, Aiken, SC 29801September 12, 2006Full Service Brick and Mortar
    13492597North Augusta Branch336 Georgia Avenue, North Augusta, SC 29841August 23, 2007Full Service Brick and Mortar
    14520225Pine Log Road Branch1001 Pine Log Rd, Aiken, SC 29803March 05, 2008Full Service Brick and Mortar

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