Vitals
  • Total Assets
    771.6M 2.5 %
  • Total Deposits
    638.2M 2.4 %
  • Total Net Loans
    596.1M -9.0 %
  • Net Income
    -4666000.0000
  • Book Value
    63.0M -3.6 %
  • Book Value x2
    126.1M -3.6 %
  • Book Value x3
    189.1M -3.6 %
ROAA

-2.464

ROAE

-29.101

Efficiency Ratio

116.066

Net Interest Margin

3.613

Balance Sheet Highlights
Financial Highlights Sea Island Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 771,616 232,450
Total Net Loans 596,076 157,333
Total Deposits 638,212 197,460
Total Equity 63,036 19,316
Profitability
Net Income -4,666 -176
Return on Average Assets -2.464 -.248
Return on Average Equity -29.101 -4.985
Net Interest Margin 3.613 3.366
Efficiency Ratio 116.066 88.401
Noninterest Income/Revenue -37.754 10.681
Balance Sheet Ratios
Loan-to-Deposit 93.398 76.294
Securities/Assets .045 .192
Total Equity/Total Assets .082 .083
Tangible Equity/Tangible Assets .082 -1.445
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 62,060 18,260
Tier 2 Capital 7,765 2,143
Total Capital 69,825 20,389
Total Risk Weighted Assets 617,468 167,998
Leverage Ratio 8.2 8.807
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.05 12.606
Total Capital Ratio 11.31 13.849

Timeline for Sea Island Bank

Synovus Bank

Sea Island Bank was acquired by Synovus Bank 13 years

View Profile Jun 01 2010

Synovus Financial Corp.

Synovus Financial Corp. became a new parent organization for Sea Island Bank.

View Profile Feb 16 1991

Sea Island Bankshares, Inc.

Sea Island Bankshares, Inc. became a new parent organization for Sea Island Bank.

View Profile Apr 29 1988

Sea Island Bank

Sea Island Bank was established 123 years ago and is currently headquartered in Statesboro, GA.

Jan 01 1901
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Synovus Bank Buyer 29,492,165 Pooling of Interests Discontinued 6/1/2010
Relationships Role Relationship Start Relationship End
Synovus Financial Corp. Parent 2/16/1991 5/31/2010
Sea Island Bankshares, Inc. Parent 4/29/1988 2/15/1991
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