| Business Summary | | SNB
Bancshares,
Inc.
(SNB)
is
a
Georgia
corporation
formed
to
act
as
the
bank
holding
company
for
Security
Bank
of
Bibb
County
(SB-Bibb).
The
Company's
other
holdings
include
Crossroads
Bancshares,
Inc.,
the
parent
holding
company
of
Security
Bank
of
Houston
County
(SB-Houston)
in
Perry
and
Warner
Robins,
Georgia.
SB-Houston
operates
as
a
wholly
owned
subsidiary
of
SNB.
The
Banks
provide
a
full
range
of
retail
and
commercial
banking
services
for
consumers
and
small
to
medium
size
businesses
primarily
in
central
Georgia.
Lending
and
investing
activities
are
funded
primarily
by
deposits
gathered
through
its
retail
branch
office
network.
Lending
is
concentrated
in
mortgage,
commercial
and
consumer
loans
to
local
borrowers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SNB
Bancshares,
Inc.
is
a
bank
holding
company
for
the
Security
Bank
of
Bibb
County
and
CrossRoads
Bancshares.
For
the
six
months
ended
6/01,
total
interest
income
rose
44%
to
$16.9
million.
Net
interest
income
after
loan
loss
prov.
rose
17%
to
$7.1
million.
Net
income
rose
10%
to
$2
million.
Net
interest
income
reflects
higher
loan
growth,
partially
offset
by
increased
interest
paid
on
deposits.
Earnings
were
partially
offset
by
higher
salaries
and
occupancy
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Ham, 71 Chairman
of Directors | -- | H. Walker, 47 Pres,
CEO | $214K | Benjamin Griffith, III, 48 Vice
Chairman of Directors | -- | Michael O'Dillon, 46 CFO,
Sr. VP, Treasurer | -- | Richard Collinsworth, 51 Exec.
VP | 128K | 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
|
|