State Bank & Trust Company in Golden Meadow, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 17169
    Status: Active
    Federal Reserve ID: 485139
    Bank Holding Company (Regulatory Top Holder): Sbt Bancshares, Inc. (RSSDID: 2145950, Location: Golden Meadow, LA)
    Date Established: January 16, 1953
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 11204
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 16, 1953
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1614 Bayou Drive, Golden Meadow, LA 70357
    County: Lafourche
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Houma, LA (#3350)
    Core Based Statistical Area (CBSA): Houma-Bayou Cane-Thibodaux, LA (#26380)
    CBSA Metro Statistical Area: Houma-Bayou Cane-Thibodaux, LA (#26380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $115.2 mil
    Equity capital: $9.6 mil
    Deposits held in domestic offices: $105.3 mil
    Return on assets (ROA): 1.25% ($1.4 mil)
    Quarterly return on assets: 1.39% ($1.6 mil)
    Return on Equity (ROE): 15.85% ($1.6 mil)
    Quarterly return on equity: 16.96% ($1.7 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.25% ($1,440.1 mil)
    Quarterly Pretax return on assets: 1.39% ($1,601.3 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
  • 44Total employees (full-time equivalent)
  • $115,204Total assets
  • $10,902Cash and due from depository institutions
  • $4,723Interest-bearing balances
  • $27,775Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,405Net loans & leases
  • $459Loan loss allowance
  • $0Trading account assets
  • $1,781Bank premises and fixed assets
  • $573Other real estate owned
  • $0Goodwill and other intangibles
  • $115,204Life insurance assets
  • $3,768All other assets
  • $105,569Total liabilities and capital
  • $105,328Total liabilities
  • $71,143Total deposits
  • $105,328Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $241Subordinated debt
  • $9,635All other liabilities
  • $9,635Total equity capital
  • $9,635Total bank equity capital
  • $0Perpetual preferred stock
  • $1,141Common stock
  • $6,553Surplus
  • $1,941Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,347Income earned, not collected on loans
  • $0Earning assets
  • $347Long-term assets (5+ years)
  • $102,903Average Assets, year-to-date
  • $26,150Average Assets, quarterly
  • $115,955Volatile liabilities
  • $117,000Insider loans
  • $72,298FHLB advances
  • $116,504Loans and leases held for sale
  • $1,774Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,204Tier 2 risk-based capital
  • $1,774Total risk weighted assets
  • $0Total unused commitments
  • $12,021Restructured Loans and leases
  • $1,150Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,218Total interest income
  • $766Total interest expense
  • $4,452Net interest income
  • $237Provision for loan and lease losses
  • $631Total noninterest income
  • $0Fiduciary activities
  • $461Service charges on deposit accounts
  • $0Trading account gains & fees
  • $170Additional noninterest income
  • $3,523Total noninterest expense
  • $1,887Salaries and employee benefits
  • $559Premises and equipment expense
  • $1,077Additional noninterest expense
  • $1,323Pre-tax net operating income
  • $129Securities gains (losses)
  • $0Applicable income taxes
  • $1,452Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,452Net income attributable to bank
  • $0Net charge-offs
  • $1,452Cash dividends
  • $445Sale, conversion, retirement of capital stock, net
  • $729Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.33%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 15.85%Return on equity (ROE)
  • 7.89%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 53.26%Credit loss provision to net charge-offs
  • 3.51%Efficiency ratio
  • 69,309Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.21%Loss allowance to loans
  • 0.65%Loss allowance to noncurrent loans
  • 34.08%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 66.84%Net loans and leases to core deposits
  • 73.82%Equity capital to assets
  • 8.36%Core capital (leverage) ratio
  • 7.90%Tier 1 risk-based capital ratio
  • 12.73%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $115,955Average earning assets
  • $9,160Average equity
  • $105,953Average loans

List of branches

  • 5 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011204State Bank & Trust Company1614 Bayou Drive, Golden Meadow, LA 70357January 16, 1953Full Service Brick and Mortar
    1240783Galliano Branch18100 East Main Street, Galliano, LA 70354April 24, 1961Full Service Brick and Mortar
    4240786Larose BranchHighway 308, Larose, LA 70373Febuary 21, 1983Full Service Brick and Mortar
    5362884Mathews Office Branch4674 Highway 1, Mathews, LA 70375November 14, 2001Full Service Brick and Mortar
    6505901Cut Off BranchState Highway 1, Cut Off, LA 70345March 01, 2010Full Service Brick and Mortar

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