Gb&t Bancshares Inc – AMENDMENT TO THE BYLAWS OF GB&T BANCSHARES, INC. (November 27th, 2007)THIS AMENDMENT TO THE BYLAWS, AS AMENDED, OF GB&T BANCSHARES, INC. (the “Amendment”) is made and shall be effective as of the 20th day of November, 2007.
Gb&t Bancshares Inc – AGREEMENT AND PLAN OF MERGER by and between SUNTRUST BANKS, INC. and GB&T BANCSHARES, INC. DATED AS OF NOVEMBER 2, 2007 (November 6th, 2007)This AGREEMENT AND PLAN OF MERGER is dated as of November 2, 2007 (this "Agreement"), by and among GB&T BANCSHARES, INC., a Georgia corporation ("GB&T"), and SUNTRUST BANKS, INC. ("SunTrust"), a Georgia corporation.
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ — GBTB) (July 26th, 2007)GAINESVILLE, Ga., July 25, 2007 (PRIME NEWSWIRE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a multi-bank holding company operating seven community banks in fast-growing markets surrounding metropolitan Atlanta, reported second quarter 2007 net income of $3.1 million, or $0.22 per diluted share, a decline of 21.5 percent from net income of $4.0 million, or $0.28 per diluted share, reported for the 2006 second quarter. Compared with the first quarter of 2007, net income and diluted earnings per share declined 16.4 and 15.4 percent, respectively. For the first six months of 2007, GB&T Bancshares reported net income of $6.8 million, or $0.47 per diluted share, compared with $7.2 million, or $0.53 per share, a decline of 5.8 percent and 11.3 percent, respectively, from the comparable period in 2006. 2007 results reflect solid loan growth year over year, offset by further deterioration in credit quality, which has affected virtually all aspects of GB&T’s performance. Earnings per share further r
Gb&t Bancshares Inc – GB&T BANCSHARES, INC. 2007 OMNIBUS LONG-TERM INCENTIVE PLAN (May 23rd, 2007)
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ - GBTB) (April 24th, 2007)GAINESVILLE, Ga., April 18, 2007 (PRIME NEWSWIRE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a multi-bank holding company operating seven community banks in fast-growing markets surrounding metropolitan Atlanta, reported a 13.2 percent increase in first quarter 2007 net income to $3.7 million, compared with $3.3 million for the 2006 first quarter. Diluted earnings per share for the first quarter of 2007 were $0.26 compared with $0.25 reported for the year-earlier quarter, up 4.0 percent.
Gb&t Bancshares Inc – EMPLOYMENT AGREEMENT (March 16th, 2007)This Employment Agreement (“Agreement”) is made and entered into this 5th day of March, 2007, by and between GB&T BANCSHARES, INC., a Georgia Bank Holding Company, created under the laws of the State of Georgia (hereinafter referred to as the “Company”), and RICHARD A. HUNT, a resident of the State of Georgia (hereinafter referred to as “Employee”);
Gb&t Bancshares Inc – EMPLOYMENT AGREEMENT (March 16th, 2007)This Employment Agreement (“Agreement”) is made and entered into this 7th day of March, 2007, by and between GB&T BANCSHARES, INC., a Georgia Bank Holding Company, created under the laws of the State of Georgia (hereinafter referred to as the “Company”), and GREGORY L. HAMBY, a resident of the State of Georgia (hereinafter referred to as “Employee”);
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ - GBTB) (October 23rd, 2006)GAINESVILLE, Ga., Oct. 18, 2006 (PRIMEZONE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a multi-bank holding company with seven community banks in fast-growing markets surrounding metropolitan Atlanta, Georgia, reported net income of $4.2 million for the third quarter of 2006, an 8.0 percent increase over the $3.9 million reported for the third quarter of 2005. Third quarter 2006 results reflect solid loan growth from a combination of organic sources and its recent acquisition of Mountain State Bank, supported by a net interest margin of continuing strength, with disciplined cost controls in place. Diluted earnings per share for the third quarter of 2006 were $0.30, compared to $0.30 for the prior-year third quarter.
Gb&t Bancshares Inc – FIRST AMENDMENT TO GB&T BANCSHARES, INC. STOCK OPTION PLAN OF 1997 (July 21st, 2006)WHEREAS, GB&T Bancshares, Inc. (the “Company”) has established that certain GB&T Bancshares, Inc. Stock Option Plan of 1997 (the “Plan”), pursuant to which options to purchase shares of the Company’s common stock, no par value per share, may be issued on the terms and conditions contained in the Plan; and
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release (July 21st, 2006)GAINESVILLE, Ga., July 19, 2006 — GB&T Bancshares, Inc. (Nasdaq: GBTB), a multi-bank holding company with seven community banks in fast-growing markets surrounding metropolitan Atlanta, Georgia, reported net income for the second quarter of 2006 of $4.0 million, a 184.9 percent increase over the $1.4 million reported for the second quarter of 2005. Diluted earnings per share for the second quarter of 2006 were $0.28 compared with $0.11 for the prior-year period. Second quarter 2006 results reflect a continuation of strong loan and deposit growth, an expanding margin and improved efficiencies compared to the second quarter of 2005. Also contributing to the relatively large increase is the fact that the second quarter 2005 results included an isolated $2.9 million provision made to the Company’s loan loss reserves due to the impairment of an inherited single loan relationship at an affiliate bank, as discussed in the Company’s press release dated July 19, 2005.
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (January 30th, 2006)Gregory L. Hamby EVP and CFO ghamby@gbt.com Phone: (678) 450-3473 W. Michael Banks Senior Vice President mbanks@gbt.com Phone: (678) 450-3480 P.O. Box 2760 Gainesville, GA 30503 Fax: (770) 531-7359
Gb&t Bancshares Inc – AGREEMENT AND PLAN OF REORGANIZATION (December 22nd, 2005)THIS AGREEMENT AND PLAN OF REORGANIZATION (this “Agreement”) is made and entered into as of December 19, 2005 by and between GB&T Bancshares, Inc. (“GB&T”), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Gainesville, Georgia, and Mountain Bancshares, Inc. (“Mountain”), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Dawsonville, Georgia.
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ - GBTB) (October 19th, 2005)GAINESVILLE, Ga., October 19, 2005 (PRIMEZONE) — GB&T Bancshares, Inc. (Nasdaq: GBTB), a multi-bank holding company with six community banks in markets surrounding Atlanta, Georgia, reported third quarter 2005 net income of $3.9 million compared with $2.4 million for the third quarter of 2004, an increase of 62.6 percent. Over the last twelve months, loans and deposits increased 33.6 percent and 31.1 percent, respectively, generating recurring revenue growth of 32.0 percent for the current quarter compared to the third quarter of 2004.
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ - GBTB) (July 22nd, 2005)GAINESVILLE, Ga., July 19, 2005 (PRIMEZONE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a fast-growing multi-bank holding company operating six community banks in markets surrounding Atlanta, Georgia, reported second quarter 2005 net income of $1.4 million compared with $2.2 million reported for the second quarter of 2004. As previously announced, an additional $2.9 million provision was made to the Company’s loan loss reserves for the second quarter of 2005 due to the further impairment of an inherited single loan relationship originated through its wholly-owned subsidiary, Home Town Bank of Villa Rica (“HTB”) prior to acquisition. Management views this additional charge as an isolated event and believes that the Company’s business fundamentals remain strong. For the second quarter of 2005, loans increased 54.6 percent and core deposits increased 39.3 percent, resulting in 41.3 percent revenue growth compared with the prior-year quarter.
Gb&t Bancshares Inc – NEWS RELEASE (July 13th, 2005)
Gb&t Bancshares Inc – Press Release GB&T BANCSHARES, INC. (NASDAQ - GBTB) (April 21st, 2005)GAINESVILLE, Ga., April 20, 2005 (PRIMEZONE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a fast-growing multi-bank holding company operating six community banks based in Georgia, reported first quarter 2005 net income of $3.0 million, a 35.0 percent increase over the $2.2 million reported for the first quarter of 2004. Strong earnings reflect the Company’s double-digit balance sheet growth achieved through organic expansion combined with an active acquisition strategy. During the last twelve months, loans increased 51.8 percent and core deposits increased 46.8 percent.
Gb&t Bancshares Inc – NEWS RELEASE (March 25th, 2005)GAINESVILLE, Ga., March 24, 2005 (PRIMEZONE) — John E. Mansour, a Gwinnett County business leader and chairman of the Board of First National Bank of Gwinnett County, has been elected to the Board of Directors of GB&T Bancshares, Inc. (Nasdaq:GBTB). His election follows First National Bank of Gwinnett’s merger with GB&T Bancshares earlier this month.
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (January 25th, 2005)Gregory L. Hamby EVP and CFO ghamby@gbt.com Phone: (678) 450-3369 W. Michael Banks Senior Vice President mbanks@gbt.com Phone: (678) 450-3480 P.O. Box 2760 Gainesville, GA 30503 Fax: (770) 531-7359
Gb&t Bancshares Inc – ARTICLES OF AMENDMENT TO THE ARTICLES OF INCORPORATION OF GB&T BANCSHARES, INC. (October 21st, 2004)The amendment was duly adopted by the Board of Directors on September 7, 2004 and approved by the shareholders of the Corporation pursuant to O.C.G.A. § 14-2-1003 on October 13, 2004.
Gb&t Bancshares Inc – AGREEMENT AND PLAN OF REORGANIZATION (October 7th, 2004)THIS AGREEMENT AND PLAN OF REORGANIZATION (this "Agreement") is made and entered into as of October 1, 2004 by and between GB&T Bancshares, Inc. ("GB&T"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Gainesville, Georgia, and FNBG Bancshares, Inc. ("FNBG"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Duluth, Georgia.
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (July 23rd, 2004)GAINESVILLE, Ga., July 20, 2004 (PRIMEZONE) — GB&T Bancshares, Inc. (Nasdaq:GBTB), a fast-growing multi-bank holding company comprised of five Georgia community banks, reported second quarter 2004 net income of $2.2 million, or $0.26 per diluted share, compared with $1.7 million, or $0.25 per diluted share, for the prior-year second quarter. Earnings reflect strong revenue growth from a combination of internal growth and acquisitions; the Company surpassed $1 billion in assets this quarter, reflecting a 32 percent increase above last year’s second quarter. The quarterly per share comparison reflects a 24.8 percent increase in average diluted shares outstanding to 8,700,000 as a result of the 1,397,584 shares issued for the acquisition of First National Bank of the South ($127 million in assets), which closed August 29, 2003, and the impact of a 5-for-4 stock split in the form of a stock dividend effective June 18, 2004.
Gb&t Bancshares Inc – [GB&T LOGO] NEWS RELEASE For Immediate Release For more information, please contact: (April 23rd, 2004)Gregory L. Hamby EVP and CFO ghamby@gbt.com Phone: (678) 450-3369 W. Michael Banks Senior Vice President mbanks@gbt.com Phone: (678) 450-3480 P.O. Box 2760 Gainesville, GA 30503 Fax: (770) 531-7359
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (January 30th, 2004)Gainesville, Georgia, January 26—GB&T Bancshares, Inc. (Nasdaq: GBTB), a fast-growing multi-bank holding company comprised of five Georgia community banks, reported 2003 net income of $7.7 million, or $1.28 per diluted share, compared to $6.5 million, or $1.32 per diluted share, reported in 2002. Excluding a one-time loss on the sale of an acquired bank's headquarters building of $196,000 after-tax in the second quarter of 2003 and a one-time gain of $410,000 after-tax from the sale of a minority interest in a de novo bank in the fourth quarter of 2002, operating income for 2003 was $7.9 million, or $1.31 per diluted share, compared to 2002 operating income of $6.1 million, or $1.23 per diluted share. Operating income and diluted operating earnings per share for 2003 rose 29.9 percent and 6.5 percent, respectively, over the 2002 adjusted figures. For the fourth quarter of 2003, net income was $2.8 million compared with $2.0 million for the prior-year quarter. Diluted earnings per share
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (October 24th, 2003)Gregory L. Hamby EVP and CFO ghamby@gbt.com Phone: (678) 450-3369 W. Michael Banks Senior Vice President mbanks@gbt.com Phone: (678) 450-3480 P.O. Box 2760 Gainesville, GA 30503 Fax: (770) 531-7359
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (September 10th, 2003)(Gainesville, GA) August 29, 2003 - Two local bank holding companies have entered into discussions that could lead to an eventual merger. GB&T Bancshares, Inc. and Southern Heritage Bancorp officials have announced the August 29th signing of a letter of intent to pursue the merger of the two organizations.
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release For more information, please contact: (September 10th, 2003)(Gainesville, GA) August 26, 2003 – GB&T Bancshares, Inc. (Nasdaq: GBTB), a multi-bank holding company, and Baldwin Bancshares, Inc., parent company of First National Bank of the South in Milledgeville (GA) and Lake Oconee, have completed their merger agreement. Following overwhelming approval by stockholders of both organizations and final regulatory approval, First National Bank of the South will become GB&T Bancshares’ fifth affiliate bank, effective with the close of business on Friday, August 29.
Gb&t Bancshares Inc – EMPLOYMENT AGREEMENT (March 31st, 2003)This Employment Agreement ("Agreement") is made and entered into this 30th day of December, 2002, by and between GAINESVILLE BANK & TRUST, a state bank created under the laws of the State of Georgia (hereinafter referred to as "Bank"), and RICHARD A. HUNT, a resident of the State of Georgia (hereinafter referred to as "Employee");
Gb&t Bancshares Inc – EMPLOYMENT AGREEMENT (March 31st, 2003)This Employment Agreement ("Agreement") is made and entered into this 30th day of December, 2002, by and between GAINESVILLE BANK & TRUST, a state bank created under the laws of the State of Georgia (hereinafter referred to as "Bank"), and GREGORY L. HAMBY, a resident of the State of Georgia (hereinafter referred to as "Employee");
Gb&t Bancshares Inc – GAINESVILLE BANK & TRUST STOCK OPTION PLAN OF 1997 (March 31st, 2003)
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release December 6, 2002 (December 10th, 2002)For more information, please contact: Michele Piucci Gainesville Bank & Trust P.O. Box 2760 Gainesville, GA. 30503 (770) 532-1212 ext. 3037 (770) 531-7359 (fax) mpiucci@gbt.com
Gb&t Bancshares Inc – NEWS RELEASE For Immediate Release March 21, 2001 (March 23rd, 2001)
Gb&t Bancshares Inc – EMPLOYMENT AGREEMENT (April 14th, 1999)EMPLOYMENT AGREEMENT This Employment Agreement ("Agreement") is made and entered into this 12th day of August, 1996, by and between GAINESVILLE BANK & TRUST, a state bank created under the laws of the State of Georgia (hereinafter referred to as "Bank"), and Richard A. Hunt, a resident of the State of Georgia (hereinafter referred to as "Employee"); W I T N E S S E T H : WHEREAS, Bank desires, subject to the terms of this Agreement, to provide a continued employment relationship with Employee in the event of a change of control; and WHEREAS, Employee is willing to provide continuing service to Bank in the event of a change of control; NOW, THEREFORE, in consideration of the employment of Employee and the salary and other benefits accruing therefrom, and in consideration of the retention of the Employee as an employee for the term specified, and other good and valuable consideration, the receipt and sufficienc
