| Business Summary | | GB&T
Bancshares
Inc.
is
a
bank
holding
company.
At
December
31,
2000,
the
Company
had
two
wholly
owned
subsidiaries,
Gainesville
Bank
&
Trust
(GB&T)
and
United
Bank
&
Trust
(UB&T).
Both
GB&T
and
UB&T
provide
a
full
range
of
banking
services
to
customers
within
their
primary
market
areas
of
Hall
County,
Polk
County
and
their
surrounding
areas
in
Georgia.
The
Banks
offer
checking
accounts,
money
market
accounts,
savings
accounts,
certificates
of
deposit,
commercial,
small
business,
real
estate,
consumer,
home
equity
and
automobile
loans. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GB&T
Bancshares
Inc.,
is
a
bank
holding
company
for
Gainesville
Bank
and
Trust,
a
Georgia
State-Chartered
Bank.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
16%
to
$7.6
million.
Net
interest
income
after
loan
loss
provision
rose
4%
to
$3.2
million.
Net
income
increased
18%
to
$716
thousand.
Net
interest
income
reflects
growth
in
total
interest-earning
assets,
partially
offset
by
lower
margins.
Net
income
reflects
higher
service
charges
on
deposit
accounts. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
813. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| F. Abit Massey, 73 Chairman | -- | Richard Hunt, Jr., 56 Pres
and CEO | $252K | Philip Wilheit, 56 Vice
Chairman | -- | Gregory Hamby, 46 CFO,
Exec. VP | 106K | Samuel Oliver, 58 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
|
|