Vitals
  • Total Assets
    617.3M -37.4 %
  • Total Deposits
    546.2M -39.3 %
  • Total Net Loans
    361.2M -14.0 %
  • Net Income
    342000.0000
  • Book Value
    55.7M -6.6 %
  • Book Value x2
    111.4M -6.6 %
  • Book Value x3
    167.0M -6.6 %
ROAA

.215

ROAE

2.402

Efficiency Ratio

48.518

Net Interest Margin

3.16

Balance Sheet Highlights
Financial Highlights Sterling Bank All Insured Commercial Banks in Alabama
Balance Sheet $(000)
Total Assets 617,317 225,852
Total Net Loans 361,168 140,200
Total Deposits 546,153 190,341
Total Equity 59,528 22,144
Profitability
Net Income 342 313
Return on Average Assets .215 .529
Return on Average Equity 2.402 4.928
Net Interest Margin 3.16 3.858
Efficiency Ratio 48.518 69.316
Noninterest Income/Revenue 9.482 12.256
Balance Sheet Ratios
Loan-to-Deposit 66.13 71.078
Securities/Assets .123 .432
Total Equity/Total Assets .096 .098
Tangible Equity/Tangible Assets .09 -7.789
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 58,415 21,433
Tier 2 Capital 5,195 1,825
Total Capital 63,610 23,250
Total Risk Weighted Assets 412,498 158,477
Leverage Ratio 9.24 10.305
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.16 15.354
Total Capital Ratio 15.42 16.491

Timeline for Sterling Bank

Synovus Bank

Sterling Bank was acquired by Synovus Bank 13 years

View Profile Jun 01 2010

Dadeville Assets Management, Llc

Dadeville Assets Management, Llc became a new subsidiary organization for Sterling Bank.

View Profile Feb 19 2009

Synovus Financial Corp.

Synovus Financial Corp. became a new parent organization for Sterling Bank.

View Profile Dec 31 2005

Sterling Place, L.L.C.

Sterling Place, L.L.C. became a new subsidiary organization for Sterling Bank.

View Profile Apr 29 1999

Synovus Financial Corp. Of Alabama

Synovus Financial Corp. Of Alabama became a new parent organization for Sterling Bank.

View Profile Dec 31 1992

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Complete timeline for Sterling Bank is available.

View Complete Timeline
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 12/31/2005 5/31/2010
Synovus Financial Corp. Of Alabama Parent 12/31/1992 12/30/2005
First Commercial Bancshares, Inc. Parent 5/9/1990 12/30/1992
Cahaba Bancorp Parent 4/1/1989 5/8/1990
First Commercial Bancshares, Inc. Parent 3/1/1989 3/31/1989
Sterling Place, L.L.C. Subsidary 4/29/1999 5/31/2010
Dadeville Assets Management, Llc Subsidary 2/19/2009 5/31/2010
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