State Bank & Trust


State Bank & Trust is an FDIC insured institution headquartered at 1945 Us Highway 43, Winfield, AL 35594.
It was founded in 1907 and has approximately $0 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - January 10, 2025

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 861
Date Established 1907
Assets $ 379.03 million
Loans $ 181.96 million
Deposits $ 320.56 million
Capital $ 16.38 million

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions $ 9.00 million
Interest-bearing balances $ 4.32 million
Total securities $ 162.31 million
Federal funds sold and reverse repurchase $ 11.18 million
Net loans and leases $ 181.96 million
Loan loss allowance $ 2.12 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.03 million
All other assets $ 11.22 million
     Total Assets $ 362.65 million

LIABILITIES
Total deposits $ 320.56 million
      Interest-bearing deposits $ 278.60 million
      Deposits held in domestic offices $ 320.56 million
      % insured (estimated) 72.25%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 30.70 million
Subordinated debt N.A.
All other liabilities $ 0.52 millionn
      Total Liabilities $ 362.65 million
      Shareholders’ Equity $ 16.38 million

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income $ 14.32 million
Total Interest Expense $ 8.30 million
Net interest income $ 6.02 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.95 million
Total non interest expense $ 5.55 million
Pre-tax Net Operating Income $ 2.63 million

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Branches

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State Bank & Trust Locations