State Bank & Trust Company in Greenwood, Mississippi (MS), LA, AL
Overview, Financial Summary, Detailed Financial Reports, Branches


  • State Bank & Trust Company in Greenwood, Mississippi (MS), LA, AL
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State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 8878
    Status: Active
    Federal Reserve ID: 736448
    Bank Holding Company (Regulatory Top Holder): State Bank & Trust Company Employee Stock Ownership Plan (RSSDID: 3131893, Location: Greenwood, MS)
    Date Established: November 01, 1898
    WWW: http://www.statebank1898.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 37 (Domestic: 37, Interstate: Yes)
    OTS Docket #: 14790
    FDIC's unique #: 5670
    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: January 01, 1934
    Last Structure Change Effective Date: July 01, 2007
    Last Structure Change Process Date: July 17, 2007
    Last Data Update: July 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 916 Highway 82 Bypass, Greenwood, MS 38930
    County: Leflore
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Greenwood, MS (#24900)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $921.1 mil
    Equity capital: $108.0 mil
    Deposits held in domestic offices: $738.4 mil
    Return on assets (ROA): 0.55% ($5.1 mil)
    Quarterly return on assets: 0.62% ($5.7 mil)
    Return on Equity (ROE): 4.60% ($5.0 mil)
    Quarterly return on equity: 5.23% ($5.6 mil)
    Net income: $5.1 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 0.80% ($7,368.4 mil)
    Quarterly Pretax return on assets: 0.85% ($7,829.0 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, 2011)

  • Dollar figures in thousands
  • 305Total employees (full-time equivalent)
  • $921,053Total assets
  • $20,261Cash and due from depository institutions
  • $318Interest-bearing balances
  • $116,861Securities
  • $29,355Federal funds sold & reverse repurchase agreements
  • $646,914Net loans & leases
  • $7,231Loan loss allowance
  • $0Trading account assets
  • $35,397Bank premises and fixed assets
  • $7,909Other real estate owned
  • $28,443Goodwill and other intangibles
  • $921,053Life insurance assets
  • $35,913All other assets
  • $812,344Total liabilities and capital
  • $738,445Total liabilities
  • $690,757Total deposits
  • $738,445Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 25180.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $40,000Trading liabilities
  • $0Other borrowed funds
  • $8,719Subordinated debt
  • $108,709All other liabilities
  • $107,970Total equity capital
  • $107,970Total bank equity capital
  • $0Perpetual preferred stock
  • $224Common stock
  • $78,084Surplus
  • $29,662Undivided profits
  • Memoranda
  • $739Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,710Income earned, not collected on loans
  • $1,058Earning assets
  • $4,591Long-term assets (5+ years)
  • $793,448Average Assets, year-to-date
  • $171,846Average Assets, quarterly
  • $918,731Volatile liabilities
  • $922,420Insider loans
  • $718,271FHLB advances
  • $891,778Loans and leases held for sale
  • $23,316Unused loan commitments
  • $18,854Tier 1 (core) risk-based capital
  • $79,513Tier 2 risk-based capital
  • $4,462Total risk weighted assets
  • $0Total unused commitments
  • $61,924Restructured Loans and leases
  • $4,671Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $42,928Total interest income
  • $9,892Total interest expense
  • $33,036Net interest income
  • $5,553Provision for loan and lease losses
  • $6,571Total noninterest income
  • $0Fiduciary activities
  • $5,609Service charges on deposit accounts
  • $0Trading account gains & fees
  • $962Additional noninterest income
  • $27,904Total noninterest expense
  • $16,514Salaries and employee benefits
  • $4,720Premises and equipment expense
  • $6,670Additional noninterest expense
  • $6,150Pre-tax net operating income
  • $1,213Securities gains (losses)
  • $2,308Applicable income taxes
  • $5,055Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,055Net income attributable to bank
  • $0Net charge-offs
  • $5,055Cash dividends
  • $3,779Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 4.60%Return on equity (ROE)
  • 0.05%Retained earnings to average equity (YTD only)
  • 0.59%Net charge-offs to loans
  • 146.94%Credit loss provision to net charge-offs
  • 3.10%Efficiency ratio
  • 69,829Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.91%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 83.02%Noncurrent assets plus other real estate owned to assets
  • 1.84%Noncurrent loans to loans
  • 1.33%Net loans and leases to deposits
  • 87.60%Net loans and leases to core deposits
  • 91.81%Equity capital to assets
  • 11.72%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 11.07%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $918,731Average earning assets
  • $109,873Average equity
  • $786,010Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,769Managed Assets
  • 1Number of Accounts
  • $2,769Personal trust and agency accounts
  • $2,769Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    5211476The American Bank (Geneva) Branch201 South Commerce Street, Geneva, AL 36340August 26, 1955Full Service Brick and Mortar
    55480388Mobile Branch1141 Montlimar Drive, Suite 3010, Mobile, AL 36609August 01, 2008Full Service Brick and Mortar
    57495021Cottage Hill Branch7785 Cottage Hill Road, Mobile, AL 36695September 28, 2009Full Service Brick and Mortar
    60520570Enterprise Loan Production Office557 Glover Avenue, Suite 4, Enterprise, AL 36330May 10, 2011Limited Service Loan Production
  • 10 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    3415446First Bank Branch665 Florida Street, Baton Rouge, LA 70801Febuary 18, 1976Full Service Brick and Mortar
    35254262Eunice Branch151 South Fourth Street, Eunice, LA 70535April 06, 1999Full Service Brick and Mortar
    36362882Highland Road Branch107 Founders Drive, Baton Rouge, LA 70810October 15, 2001Full Service Brick and Mortar
    39440149New Roads Branch2600 False River Drive, New Roads, LA 70760May 02, 2005Full Service Brick and Mortar
    40443343Denham Springs Branch923 South Range Avenue, Denham Springs, LA 70726August 08, 2005Full Service Brick and Mortar
    47453841Mandeville Branch1700 Highway 59, Mandeville, LA 70448July 24, 2006Full Service Brick and Mortar
    51464438Sherwood Forest Branch1939 South Sherwood Forest Bouelvard, Baton Rouge, LA 70816June 04, 2007Full Service Brick and Mortar
    56486586Hammond BranchFagan Drive, Hammond, LA 70403December 15, 2008Full Service Brick and Mortar
    58514529Slidell Lpo2040 Gause Boulevard East, Suite 10, Slidell, LA 70461November 18, 2010Limited Service Loan Production
    59517238State Bank & Trust Slidell Loan Prod300 Gause Boulevard, Slidell, LA 70461November 22, 2010Limited Service Loan Production
  • 23 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05670State Bank & Trust Company916 Highway 82 Bypass, Greenwood, MS 38930November 01, 1898Full Service Brick and Mortar
    3219098Rosedale Branch400 Main Street, Rosedale, MS 38769June 01, 1971Full Service Brick and Mortar
    5219100Cleveland Branch100 Sunflower Road, Cleveland, MS 38732Febuary 25, 1985Full Service Brick and Mortar
    8219103Ridgeland Branch414 Highway 51 North, Ridgeland, MS 39157June 30, 1989Full Service Brick and Mortar
    15219107Grenada Branch1754 South Commerce Street, Grenada, MS 38901June 27, 1997Full Service Brick and Mortar
    16219108Flowood Branch2845 Lakeland Drive, Flowood, MS 39232September 28, 1998Full Service Brick and Mortar
    20219112West Park Avenue Branch - Greenwood500 West Park Avenue, Greenwood, MS 38935September 27, 1999Full Service Brick and Mortar
    229728State Bank & Trust Company Branch147 South Railroad Avenue, Brookhaven, MS 39601August 01, 1936Full Service Brick and Mortar
    23233922Drive-In Teller Window Branch846 East Monticello Street, Brookhaven, MS 39601June 28, 1973Limited Service Facility
    24233923Brookhaven Branch600 Brookway Boulevard, Brookhaven, MS 39601September 26, 1988Full Service Brick and Mortar
    25358625Mccomb Branch210 State Street, Mccomb, MS 39648June 23, 2000Full Service Brick and Mortar
    27360848Monticello Branch332 Broad Street, Monticello, MS 39654July 16, 2001Full Service Brick and Mortar
    315457Mississippi Southern Bank Branch609 Farmer Street, Port Gibson, MS 39150January 29, 1901Full Service Brick and Mortar
    32418681Columbia Branch428 Sumrall Road, Columbia, MS 39429March 10, 2003Full Service Brick and Mortar
    41450394State Bank & Trust Company, Mccomb Bank1028 Highway 51, Mccomb, MS 39648March 31, 2006Full Service Brick and Mortar
    42451193Ridgeland Branch618 Crescent Boulevard, Suite 100, Ridgeland, MS 39157May 09, 2006Full Service Brick and Mortar
    4315367Consumer National Bank Branch140 West Pearl Street, Jackson, MS 39202October 01, 1975Full Service Brick and Mortar
    45254092Crossgates Branch332 Crossgates Boulevard, Brandon, MS 39042November 11, 1996Full Service Brick and Mortar
    46431746Maywood Branch4678 I-55 North, Jackson, MS 39211March 22, 2004Full Service Brick and Mortar
    49457617State Bank & Trust Company120 West Presley Blvd, Mccomb, MS 39648July 05, 2006Full Service Brick and Mortar
    50461966Byram Bank Branch7375 Siwell Road, Byram, MS 39272April 02, 2007Full Service Brick and Mortar
    53467481Cleveland Branch620 North Davis, Cleveland, MS 38732August 27, 2007Full Service Brick and Mortar
    54473058Grenada Branch1663 Sunset Drive, Grenada, MS 38901March 03, 2008Full Service Brick and Mortar

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