Originally founded in 1987 GB&T Bancshares operates as a multi-bank holding company since 1998. The company has seven wholly owned subsidiaries through which it commences operations. GB&T's business mainly consists of generation of deposits and loans for real estate mortgages and construction, commercial, consumer and other loans.
For the last quarter ended June 30, 2007 the company's revenue has increased by nearly 1% to $37.9 million. The net income totaled at $3.1 million being more than 16% less than previous quarter. The stockholders equity has decreased by 0.01% to $236.26 million and the tangible assets have actually increased...
