State Bank & Trust Company, Financial Information

AboutState Bank & Trust Company

 Address:
916 Highway 82 Bypass
Greenwood,MS
Leflore County,Mississippi
 Established:
Nov 1898
 Number of domestic offices:
38
Total assets$943M
Net income$6M
Net income,quarterly$1M
Total deposits$761M
Domestic deposits$761M
Equity capital$106M
ROA0.6%
ROAQ,quarterly0.59%
ROA,pretax0.59%
ROAQ,quarterly,pretax0.74%
ROE5.07%
ROEQ,quarterly5.13%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

State Bank & Trust Company, led by Chairman of the Board Stewart Brumfield, quickly expanded into Southwest Mississippi, by opening De Novo branches in McComb, Monticello, and Columbia and through the acquisition of Mississippi Southern Bank in Port Gibson.

Growth, through both mergers and acquisitions and De Novo locations, continued to be an important component to the success of State Bank & Trust Company, which was evident in the merger of First Bank of Baton Rouge in 2005, the acquisition of Consumer National Bank in the Greater Jackson, MS market in 2006, and the acquisition of American Bank in Geneva, AL in 2007.

The growth of the bank from $500 million in total assets at the time of the initial merger to $930 million currently, as well as an increase to 35 banking locations throughout Mississippi, Louisiana, and Alabama, is a true testament to the determination of the Board, Senior Management executives, and employees of State Bank & Trust Company to provide their customers and communities with a true personal banking experience.

From a small community bank founded in Rosedale, MS, to a merger with a local bank providing personal banking in Brookhaven, MS, State Bank & Trust Company has survived the Great Depression, countless economic highs and lows, as well as many obstacles surrounding steady growth and sustainability to prevail as a bank with one simple focus – its customers.

P.O.Box 8287
Greenwood, MS 38935-8287
877-455-1301
Express Line Phone Banking: 877-455-1898
Lost or stolen card, call the 24-hour hotline: 800-236-2442
Fax: 662-455-0099