State Bank & Trust in Winfield, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


State Bank & Trust - Overview

  • General
  • FDIC Certificate #: 861
    Status: Active
    Federal Reserve ID: 386731
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorporation, Inc. (RSSDID: 1085602, Location: Winfield, AL)
    Date Established: October 03, 1907
    WWW: http://www.statebank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14010
    FDIC's unique #: 546
    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: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1945 Ushwy 43, Winfield, AL 35594
    County: Marion
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $201.9 mil
    Equity capital: $31.4 mil
    Deposits held in domestic offices: $169.0 mil
    Return on assets (ROA): 1.57% ($3.2 mil)
    Quarterly return on assets: 1.77% ($3.6 mil)
    Return on Equity (ROE): 10.58% ($3.3 mil)
    Quarterly return on equity: 11.40% ($3.5 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.65% ($3,331.7 mil)
    Quarterly Pretax return on assets: 1.84% ($3,715.3 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
  • 55Total employees (full-time equivalent)
  • $201,919Total assets
  • $33,608Cash and due from depository institutions
  • $1,805Interest-bearing balances
  • $93,902Securities
  • $3,500Federal funds sold & reverse repurchase agreements
  • $62,469Net loans & leases
  • $839Loan loss allowance
  • $0Trading account assets
  • $1,290Bank premises and fixed assets
  • $1,676Other real estate owned
  • $32Goodwill and other intangibles
  • $201,919Life insurance assets
  • $5,442All other assets
  • $170,569Total liabilities and capital
  • $168,968Total liabilities
  • $145,578Total deposits
  • $168,968Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $97Trading liabilities
  • $0Other borrowed funds
  • $1,504Subordinated debt
  • $31,350All other liabilities
  • $31,350Total equity capital
  • $31,350Total bank equity capital
  • $0Perpetual preferred stock
  • $175Common stock
  • $175Surplus
  • $31,000Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,368Income earned, not collected on loans
  • $0Earning assets
  • $1,299Long-term assets (5+ years)
  • $161,676Average Assets, year-to-date
  • $89,677Average Assets, quarterly
  • $194,553Volatile liabilities
  • $200,820Insider loans
  • $92,154FHLB advances
  • $202,849Loans and leases held for sale
  • $3,385Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $28,634Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,385Total unused commitments
  • $7,191Restructured Loans and leases
  • $1,168Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,362Total interest income
  • $3,132Total interest expense
  • $6,230Net interest income
  • $230Provision for loan and lease losses
  • $670Total noninterest income
  • $0Fiduciary activities
  • $521Service charges on deposit accounts
  • $0Trading account gains & fees
  • $149Additional noninterest income
  • $4,109Total noninterest expense
  • $2,403Salaries and employee benefits
  • $554Premises and equipment expense
  • $1,152Additional noninterest expense
  • $2,561Pre-tax net operating income
  • $648Securities gains (losses)
  • $161Applicable income taxes
  • $3,048Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,048Net income attributable to bank
  • $0Net charge-offs
  • $3,048Cash dividends
  • $1,004Sale, conversion, retirement of capital stock, net
  • $1,128Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.97%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 3.97%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.57%Return on assets (ROA)
  • 1.65%Pretax return on assets
  • 10.58%Return on equity (ROE)
  • 6.66%Retained earnings to average equity (YTD only)
  • 1.60%Net charge-offs to loans
  • 22.91%Credit loss provision to net charge-offs
  • 2.78%Efficiency ratio
  • 59,551Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.01%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 61.33%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 2.16%Net loans and leases to deposits
  • 36.97%Net loans and leases to core deposits
  • 39.89%Equity capital to assets
  • 15.53%Core capital (leverage) ratio
  • 14.12%Tier 1 risk-based capital ratio
  • 31.07%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $194,553Average earning assets
  • $28,822Average equity
  • $156,751Average loans

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0546State Bank & Trust1945 Ushwy 43, Winfield, AL 35594October 03, 1907Full Service Brick and Mortar
    1186291Guin Branch7370 Us Highway 43, Guin, AL 35563Febuary 08, 1982Full Service Brick and Mortar
    2186292Midtown Branch194 Bankhead Highway, Winfield, AL 35594October 15, 1987Full Service Brick and Mortar
    313455Brilliant Branch1080 Main Street, Brilliant, AL 35548December 16, 1966Full Service Brick and Mortar

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