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4 star rating based on 1 review.

State Bank & Trust Company (MS)

State Bank & Trust Company (MS) Locations
916 Highway 82 Bypass
Greenwood, MS 38930
877-455-1301
www.statebank1898.com

State Bank & Trust Company (MS) is headquartered in Greenwood and is the 8th largest bank in the state of Mississippi. It is also the 728th largest bank in the nation. It was established in 1898 and as of March of 2012, it had grown to 304 employees at 37 locations. State Bank & Trust Company (MS)'s savings rates are 92% higher than the national average, and it has a 4-star health rating.

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High-Yield Reward Checking & Savings Accounts at State Bank & Trust Company in MS, LA & AL - 11/17/2010

State Bank & Trust Company is offering a reward checking account and a companion savings account under the platinum name. These accounts have the following rates and features (as of 11/17/2010): P ...



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See Rates for: Checking | Savings | Money Market | CD | IRA

State Bank & Trust Company (MS) Checking Account Rates

ApyMinMaxProduct
2.50%-$15kPlatinum Checking
0.30%†$10k-Premier Checking
0.20%†$2,500-Investment Checking
0.10%†$1k-Better Than Free Checking

State Bank & Trust Company (MS) Savings Account Rates

ApyMinMaxProduct
1.00%-$15kPlatinum Savings
0.10%†$100-Regular Savings
0.10%†--Children's Savings

State Bank & Trust Company (MS) Money Market Rates

ApyMinMaxProduct
0.50%†--Prime Flex Investment MMDA
0.10%†$1k-Business Money Market

State Bank & Trust Company (MS) CD Rates

ApyMinMaxProduct
1.50%†$1k-60 Month CD
1.25%†$1k-48 Month CD
1.00%†$1k-36 Month CD
0.80%†$1k-24 Month CD
0.60%†$1k-18 Month CD
0.50%†$1k-12 Month CD
0.35%†$1k-182 Day CD
0.25%†$1k-90 Day CD
0.15%†$1k-30 Day CD
0.15%†$1k-60 Day CD

State Bank & Trust Company (MS) IRA Rates

ApyMinMaxProduct
1.50%†$1k-60 Month IRA
1.50%†$1k-60 Month Roth IRA
1.25%†$1k-48 Month IRA
1.25%†$1k-48 Month Roth IRA
1.00%†$1k-36 Month IRA
1.00%†$1k-36 Month Roth IRA
0.80%†$1k-24 Month IRA
0.80%†$1k-24 Month Roth IRA
0.60%†$1k-18 Month IRA
0.60%†$1k-18 Month Roth IRA
0.50%†$1k-12 Month IRA
0.50%†$1k-12 Month Roth IRA
0.35%†$1k-182 Day IRA
0.35%†$1k-182 Day Roth IRA
0.25%†$1k-90 Day IRA
0.25%†$1k-90 Day Roth IRA
0.15%†$1k-30 Day IRA
0.15%†$1k-60 Day IRA
0.15%†$1k-30 Day Roth IRA
0.15%†$1k-60 Day Roth IRA

Rates updated: 5/26/2012

Data for Q1 2012


Institution Statistics


State Bank & Trust Company
FDIC Certificate #8878
BankRate ReportView
Year Established1898
Employees304
Primary RegulatorFDIC

Assets and Liabilities

Assets$909.81 million
Loans$643.65 million
Deposits$730.86 million
Equity Capital$109.30 million
Loan Loss Allowance$6.98 million
Unbacked Noncurrent Loans$4.74 million
Real Estate Owned$9.41 million

Historic Data - March 2011

Assets$924.09 million
Equity Capital$109.74 million
Loan Loss Allowance$4.84 million
Unbacked Noncurrent Loans$7.39 million
Real Estate Owned$9.94 million

Profit Margin - Quarterly

Net Interest Margin4.06%
Return on Assets0.53%
Return on Equity4.5%
Interest Income$10.12 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 State Bank & Trust Company (MS) had $14.15 million in non-current loans and owned real-estate with $116.28 million in equity and loan loss allowances on hand to cover it. This gives State Bank & Trust Company (MS) a Texas Ratio of 12.17% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for State Bank & Trust Company (MS) decreased slightly from 14.70% as of March 31, 2011 to 12.17% as of March 31, 2012, resulting in a positive change of 17.25%.This indicates that the balance sheet and financial strength for State Bank & Trust Company (MS) has improved slightly in recent periods.
Deposit Growth2
In the past year, State Bank & Trust Company (MS) has decreased its total deposits by -$13.55 million, resulting in -1.82% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth State Bank & Trust Company (MS) has shown is below average.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. State Bank & Trust Company (MS) has $909.81 million in assets with $116.28 million in equity, resulting in a capitalization level of 12.78%, which is excellent.
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State Bank & Trust Company
4 stars - BobbyRed1 - Saturday, July 9, 2011 - 3:48 PM

Very good bank.  Works with borrowers on rates and other terms.  Understands credits and small business lending.

2
 
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