Gainesville Bank & Trust
Gainesville, GA — Domestic Branch of a Domestic Bank
Acquired Jul 2008
Vitals
-
Total Assets689.5M -0.5 %
-
Total Deposits408.9M -21.1 %
-
Total Net Loans423.2M -21.1 %
-
Net Income
-
Book Value111.6M 54.8 %
-
Book Value x2223.3M 54.8 %
-
Book Value x3334.9M 54.8 %
Balance Sheet Highlights
| Financial Highlights | Gainesville Bank & Trust | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 689,543 | 223,959 |
| Total Net Loans | 423,219 | 168,343 |
| Total Deposits | 408,879 | 183,050 |
| Total Equity | 111,628 | 22,029 |
| Profitability | ||
| Net Income | — | 5,827 |
| Return on Average Assets | — | .996 |
| Return on Average Equity | — | 9.535 |
| Net Interest Margin | 2.902 | 3.593 |
| Efficiency Ratio | 85.404 | 82.103 |
| Noninterest Income/Revenue | 16.928 | 16.558 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 103.507 | 88.15 |
| Securities/Assets | .073 | .193 |
| Total Equity/Total Assets | .162 | .098 |
| Tangible Equity/Tangible Assets | .071 | -.751 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 49,080 | 20,678 |
| Tier 2 Capital | 6,947 | 2,304 |
| Total Capital | 56,027 | 22,936 |
| Total Risk Weighted Assets | 499,127 | 180,273 |
| Leverage Ratio | 8.66 | 10.241 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 9.83 | 13.04 |
| Total Capital Ratio | 11.22 | 14.21 |
Timeline for Gainesville Bank & Trust
Suntrust Bank
Gainesville Bank & Trust was acquired by Suntrust Bank 15 years
View Profile Jul 25 2008
Suntrust Banks, Inc.
Suntrust Banks, Inc. became a new parent organization for Gainesville Bank & Trust.
View Profile May 01 2008
Lumpkin County Bank
Acquisition: Gainesville Bank & Trust acquired a new subsidiary, Lumpkin County Bank, 19 years
View Profile Aug 19 2004
Southern Heritage Bank
Acquisition: Gainesville Bank & Trust acquired a new subsidiary, Southern Heritage Bank, 19 years
View Profile Aug 02 2004
Gb&T Bancshares, Inc.
Gb&T Bancshares, Inc. became a new parent organization for Gainesville Bank & Trust.
View Profile Apr 24 1998
Want to see more?
Complete timeline for Gainesville Bank & Trust is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Suntrust Bank | Buyer | 200,200,764 | Pooling of Interests | Discontinued | 7/25/2008 |
| Lumpkin County Bank | Seller | 68,905 | Acquisition | Discontinued | 8/19/2004 |
| Southern Heritage Bank | Seller | 117,746 | Acquisition | Discontinued | 8/2/2004 |
| Relationships | Role | Relationship Start | Relationship End |
| Suntrust Banks, Inc. | Parent | 5/1/2008 | 7/24/2008 |
| Gb&T Bancshares, Inc. | Parent | 4/24/1998 | 4/30/2008 |