Marietta bank reports 4Q, full-year results
by MDJ staff
February 02, 2014 12:00 AM | 763 views | 0 0 comments | 17 17 recommendations | email to a friend | print
State Bank Financial Corporation, the holding company of State Bank and Trust Company, which has a location at 250 Church St. NE in Marietta, announced unaudited financial results for the quarter and full year ending Dec. 31.

Net income for the fourth quarter of 2013 was $9.4 million, compared to $4.3 million for the third quarter of 2013 and $3.2 million for the fourth quarter of 2012. Full year net income for 2013 was $12.7 million compared to $22.7 million for full year 2012. Fully diluted earnings per share were $.28 in the fourth quarter of 2013 compared to 13 cents in the third quarter of 2013 and 10 cents in the fourth quarter of 2012. Fully diluted earnings per share were 38 cents for full year 2013 compared to 69 cents for full year 2012.

State Bank and Trust Company is one of Georgia’s best-capitalized banks with approximately $2.6 billion in assets as of Dec. 31, 2013.

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides