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Crescent Banking Co

 
Hoover's Profile: Crescent Banking Company
(NASDAQ (CM):CSNT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Crescent Banking Company
7 Caring Way
Jasper, GA 30143
GA Tel. 678-454-2266
Fax 678-454-2282

Type: Public
On the web: http://www.crescentbank.com
Employees: 194
Employee growth: 73.2%

This crescent gives a whole new meaning to the term "dough boy." Crescent Banking Company is the holding company of Crescent Bank & Trust, which serves north-central Georgia from about a dozen branches and loan offices. The bank offers standard services such as checking and savings accounts, money market accounts, CDs, and IRAs. It mainly uses funds from deposits to originate loans in its market area. Real estate construction and land development loans account for more than half of its total portfolio, which also consists of real estate mortgages (about 40%), as well as agricultural, business, and consumer installment loans.

Key numbers for fiscal year ending December, 2008:
Sales: $20.8M
One year growth: (38.0%)
Net income: ($31.7)M

Officers:
Chairman: John S. Dean Sr.
President, CEO, and Director, Crescent Banking Company and Crescent Bank & Trust; Secretary, Crescent Mortgage Services: J. Donald Boggus Jr.
EVP and CFO, Crescent Banking Company and Crescent Bank & Trust: Leland W. Brantley Jr.

Competitors:
BB&T
Regions Financial
SunTrust

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