BNET Industries

GB&T Bancshares Inc.

(GBTB) is in the Financial Services Industry

Last Fiscal Year Sales:$148.4M

Public
US

Dow Jones Description

Corporate success and strength often depend on the commitments an organization makes and keeps. We've known that from the inception of GB&T Bancshares, and have forged our path with what we feel are sound, strategic commitments. First and foremost is our unwavering dedication to true community banking, where long-term customer relationships and community relations are grown and nurtured with care. We empower our people on every level with a "can-do" attitude so that they find ways whether traditional or innovative to meet their customers' needs and expectations. Sometimes that means having a mortgage lender deliver forms to someone's home. Other times, it might mean helping a small-business client solve a temporary cash-flow problem, without taking weeks to get an answer. The results show up in the many loyal customer relationships our banks count as successes. When you look around our towns, cities and communities, you'll notice bank employees involved in nearly every leadership, civic, cultural and volunteer organization all with the full support and encouragement of our individual banks. Some of us become passionate about our pet projects, like March of Dimes or United Way. If we don't raise the money in an annual campaign, we take it quite personally and make it our goal to change that outcome the next year. That kind of commitment speaks volumes about our employees. We also believe in healthy growth both geographically and internally...

Secretary

Alan A. Wayne

Number of Employees 476

Contact Information

500 Jesse Jewell Pkwy Southeast

Gainesville, Georgia 30501

gbtbancshares.c...

(770) 532-1212

Peer Companies

NAICS Code Commercial Banking: 522110

Executive Profiles

Decision Makers

Name (plus bio)	Position
Alan A. Wayne	Secretary

Board of Directors

Name (plus bio)	Position
Larry B. Boggs	Board of Directors

Alan Wayne is the first cousin of Scott Wayne, who is Senior Vice President of Gainesville Bank & Trust and President of the Bank of Athens division of Gainesville Bank & Trust and Eddie Wayne, who is Senior Vice President and Corporate Lending Officer of Mountain State Bank. All related party transactions are subject to review by the full Board of Directors. We believe that the terms for all related party transactions are at least as favorable as those that could be obtained from a third party. Nasdaq Listing Standards Rule 4350(h) requires the Company to conduct an appropriate review of all related party transactions for potential conflict of interest situations on an ongoing basis and further requires all such transactions to be approved by the Company s Audit Committee or another independent body of the Board of Directors. The term related party transaction is generally defined as any transaction (or series of related transactions) in which the Company is a participant and the amount involved exceeds $120,000, and in which any director, director nominee, or executive officer of the Company, any holder of more than 5% of the outstanding voting securities of the Company, or any immediate family member of the foregoing persons will have a direct or indirect interest. The term includes most financial transactions and arrangements, such as loans, guarantees and sales of property, and remuneration for services rendered (as an employee, consultant or otherwise) to the Company.