| Business Summary | | Georgia
Bank
Financial
Corporation
focuses
primarily
on
offering
real
estate,
commercial
and
consumer
loans
and
various
deposit
and
other
services
to
individuals,
small
to
medium-sized
businesses
and
professionals
in
its
market
area.
The
Company
had
total
consolidated
assets
of
$405.8
million,
total
deposits
of
$310.9
million
and
total
stockholders'
equity
of
$34.4
million,
as
of
December
31,
2000.
Through
its
wholly
owned
subsidiary,
Georgia
Bank
&
Trust
Company
of
Augusta
(the
Bank),
which
is
a
bank
holding
company,
the
Company
operates
a
total
of
six
banking
offices
in
the
greater
Augusta
area
in
Richmond
and
Columbia
Counties,
Georgia.
The
Bank's
total
loans,
as
of
December
31,
2000,
were
$283.6
million,
or
75.2%
of
total
earning
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Georgia
Bank
Financial
is
a
holding
company
for
Georgia
Bank
and
Trust
Company
of
Augusta.
As
of
12/00,
the
Company
operates
six
banking
offices.
For
the
six
months
ended
6/30/01,
interest
income
rose
15%
to
$16.3
million.
Net
interest
income
after
loan
provision
rose
8%
to
$7.4
million.
Net
income
rose
6%
to
$2
million.
Results
reflect
an
increased
volume
of
loans,
partially
offset
by
a
lower
net
interest
margin
and
increased
personnel
and
occupancy
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Pollard, Jr., 50 Chairman
of Directors | -- | R. Daniel Blanton, 50 Pres,
CEO | $191K | Edward Meybohm, 57 Vice
Chairman of Directors | -- | Ronald Thigpen, 49 Exec.
VP, COO | 164K | Travers Paine, III, 53 Corp.
Sec. | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|