The Savannah Bank, National Association in Savannah, Georgia (GA), SC
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Savannah Bank, National Association in Savannah, Georgia (GA), SC
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The Savannah Bank, National Association - Overview

  • General
  • FDIC Certificate #: 33120
    Status: Active
    Federal Reserve ID: 1466489
    Bank Holding Company (Regulatory Top Holder): Savannah Bancorp, Inc., The (RSSDID: 1493560, Location: Savannah, GA)
    Date Established: August 22, 1990
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Domestic: 9, Interstate: Yes)
    OTS Docket #: 10217
    FDIC's unique #: 46354
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 22, 1990
    Last Structure Change Effective Date: June 25, 2010
    Last Structure Change Process Date: June 26, 2010
    Last Data Update: June 26, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 25 Bull Street, Savannah, GA 31401
    County: Chatham
    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): Savannah, GA (#7520)
    Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
    Core Based Statistical Area (CBSA): Savannah, GA (#42340)
    CBSA Metro Statistical Area: Savannah, GA (#42340)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $730.3 mil
    Equity capital: $66.0 mil
    Deposits held in domestic offices: $632.9 mil
    Return on assets (ROA): 0.17% ($1.2 mil)
    Quarterly return on assets: -0.42% (-$3.1 mil)
    Return on Equity (ROE): 1.94% ($1.3 mil)
    Quarterly return on equity: -4.57% (-$3.0 mil)
    Net income: $1.3 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: 0.23% ($1,679.6 mil)
    Quarterly Pretax return on assets: -0.53% (-$3,870.5 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, 2011)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $730,280Total assets
  • $69,681Cash and due from depository institutions
  • $59,545Interest-bearing balances
  • $65,329Securities
  • $535Federal funds sold & reverse repurchase agreements
  • $554,779Net loans & leases
  • $14,121Loan loss allowance
  • $0Trading account assets
  • $8,760Bank premises and fixed assets
  • $10,025Other real estate owned
  • $280Goodwill and other intangibles
  • $730,280Life insurance assets
  • $20,891All other assets
  • $664,294Total liabilities and capital
  • $632,919Total liabilities
  • $610,477Total deposits
  • $632,919Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 14384.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,653Trading liabilities
  • $0Other borrowed funds
  • $3,338Subordinated debt
  • $65,986All other liabilities
  • $65,986Total equity capital
  • $65,986Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $24,907Surplus
  • $38,579Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $23,094Income earned, not collected on loans
  • $0Earning assets
  • $2,332Long-term assets (5+ years)
  • $680,188Average Assets, year-to-date
  • $103,772Average Assets, quarterly
  • $749,892Volatile liabilities
  • $729,470Insider loans
  • $531,794FHLB advances
  • $723,779Loans and leases held for sale
  • $4,518Unused loan commitments
  • $4,518Tier 1 (core) risk-based capital
  • $62,451Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $58,930Restructured Loans and leases
  • $39,345Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $33,243Total interest income
  • $6,346Total interest expense
  • $26,897Net interest income
  • $11,005Provision for loan and lease losses
  • $982Total noninterest income
  • $653Fiduciary activities
  • $945Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$616Additional noninterest income
  • $15,731Total noninterest expense
  • $5,358Salaries and employee benefits
  • $2,128Premises and equipment expense
  • $8,245Additional noninterest expense
  • $1,143Pre-tax net operating income
  • $600Securities gains (losses)
  • $465Applicable income taxes
  • $1,278Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,278Net income attributable to bank
  • $0Net charge-offs
  • $1,278Cash dividends
  • $10,342Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 2.24%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • 1.94%Return on equity (ROE)
  • 0.72%Retained earnings to average equity (YTD only)
  • 1.74%Net charge-offs to loans
  • 106.41%Credit loss provision to net charge-offs
  • 1.17%Efficiency ratio
  • 56,139Assets per employee
  • 7.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.60%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 61.15%Noncurrent assets plus other real estate owned to assets
  • 4.54%Noncurrent loans to loans
  • 4.06%Net loans and leases to deposits
  • 87.65%Net loans and leases to core deposits
  • 102.12%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.63%Tier 1 risk-based capital ratio
  • 11.74%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $749,892Average earning assets
  • $65,954Average equity
  • $702,171Average 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
  • $138,739Managed Assets
  • 1Number of Accounts
  • $47,113Personal trust and agency accounts
  • $21,964Employee benefit-defined contribution accounts
  • $138Employee benefit-defined benefit accounts
  • $2,490Other retirement accounts
  • $7,328Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $15,193Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 135Number of Accounts
  • $0Personal trust and agency accounts
  • $7,328Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $91,626Other retirement accounts
  • $11,401Corporate trust and agency accounts
  • $3,563Other fiduciary accounts
  • $39,230Fiduciary accounts held in foreign offices

List of branches

  • 7 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    046354The Savannah Bank, National Association25 Bull Street, Savannah, GA 31401August 22, 1990Full Service Brick and Mortar
    1289237Mall Boulevard Branch400 Mall Boulevard, Savannah, GA 31406October 01, 1992Full Service Brick and Mortar
    3289239West Chatham Branch100 Chatham Parkway, Garden City, GA 31408November 20, 1995Full Service Brick and Mortar
    4289240Whitemarsh Island Branch4741 Highway 80 East, Savannah, GA 31410October 01, 1997Full Service Brick and Mortar
    5289241Medical Arts Branch4809 Waters Avenue, Savannah, GA 31405September 30, 1998Full Service Brick and Mortar
    6466261Skidaway Island Branch50 A Meeting Street, Savannah, GA 31411September 12, 2006Full Service Retail
    12466284Tybee Island Branch1115 Hwy 80, Tybee Island, GA 31328April 25, 2007Full Service Brick and Mortar
  • 2 South Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7440486William Hilton Branch852 William Hilton Parkway, Hilton Head Island, SC 29928Febuary 10, 2006Full Service Brick and Mortar
    8492596Bluffton Branch4366 Bluffton Pkwy, Bluffton, SC 29910December 05, 2007Full Service Brick and Mortar

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