BNET Industries
Market Cap:$50.7M
Last Fiscal Year Sales:$64.3M
- Public
- US
Dow Jones Description
The Savannah Bancorp, Inc. ("the Company") was incorporated as a Georgia business corporation on October 5, 1989, for the purpose of becoming a bank holding company by acquiring all of the common stock of The Savannah Bank, National Association on August 22, 1990. On December 15, 1998, the Company merged with Bryan Bancorp of Georgia, Inc. in Richmond Hill, GA. On March 1, 2006, the Company's third subsidiary, Harbourside Community Bank opened for business on Hilton Head Island, SC. On August 31, 2007, the Company purchased Minis & Co., Inc., a registered investment advisor based in Savannah, GA. As of December 31, 2007, the Company had total assets of $932 million, total loans of $809 million, total deposits of $764 million, total shareholders' equity of $76 million and $7.6 million in 2007 net income.
Number of Employees 204
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Savannah Bancorp SAVB Tops Q3 EPS by 1c
News & Analysis
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the savannah bancorp inc. - All News and Analysis
The Savannah Bancorp Reports First Quarter EPS Increase of 19 Percent and Announces Quarterly Dividend
- 2006-04-18
SAVANNAH, Ga. -- The Savannah Bancorp, Inc. (Nasdaq: SAVB) reported net income of $2,351,000 in the first quarter 2006, up 32 percent from $1,781,000 in the first quarter 2005. Net income per diluted share was 50 cents in the first quarter 2006 compared to 42 cents per share in the...
Zacks Buy List Highlights: Redback Networks Inc., Allegheny Technologies Incorporated, Merix Corporation, and The Savannah Bancorp, Inc
- 2006-04-05
CHICAGO -- Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today...
The Savannah Bancorp Reports 2005 EPS Increase of 50 Percent and Quarterly Dividend Increase
- 2006-01-31
SAVANNAH, Ga. -- The Savannah Bancorp (Nasdaq: SAVB) reported record net income of $9,040,000 in 2005 compared with net income of $5,736,000 in 2004, an increase of 58 percent. Net income per diluted share was $2.04 for 2005 and $1.36 in 2004, an increase of 50 percent. These earnings represent...
The Savannah Bancorp, Inc. Announces Approval of Harbourside Community Bank Charter
- 2006-01-11
SAVANNAH, Ga. -- The Savannah Bancorp, Inc. (NASDAQ: SAVB) announced today that it has received conditional approval from the Office of Thrift Supervision OTS, the Federal Reserve Bank of Atlanta and the Federal Deposit Insurance Corporation to form Harbourside Community Bank Harbourside as a wholly owned subsidiary of the Company....
The Savannah Bancorp, Inc. Completes $12.2 Million Private Placement Sale of Common Stock
- 2005-08-30
SAVANNAH, Ga. -- The Savannah Bancorp, Inc. (Nasdaq: SAVB), announced the completion of the sale of 397,273 shares of common stock to certain accredited investors for approximately $12.2 million in a private placement sale of unregistered securities. Non-affiliated accredited investors purchased 366,148 shares at $30.50 per share and affiliated accredited...
The Savannah Bancorp Announces Plans for Harbourside Community Bank
- 2005-07-08
HILTON HEAD, S.C. -- First graph, first sentence of release dated July 7, 2005 should read: ...a new local financial institution organized by a group of local directors in partnership with The Savannah Bancorp, Inc (NASD: SAVB), were announced today on Hilton Head Island (sted ...a new local financial institution...
The Savannah Bancorp Completes Management Transition and Elects Three New Directors
- 2004-04-29
Business Editors SAVANNAH, Ga.--BUSINESS WIRE--April 29, 2004 At today's annual shareholders meeting, The Savannah Bancorp (NasdaqNM:SAVB) formally completed the senior management transition which was announced in January, 2004. Archie H. Davis, who was President and Chief Executive Officer of The Savannah Bancorp (the "Company") and The Savannah Bank,...
The Savannah Bancorp Reports Earnings Increase of 3.4 Percent for 2002 and Announces an Executive Promotion and 10 Percent Stock Dividend
- 2003-01-28
Business Editors SAVANNAH, Ga.--BUSINESS WIRE--Jan. 28, 2003 The Savannah Bancorp (Nasdaq: SAVB), Savannah, Georgia, a bank holding company for The Savannah Bank, N.A. and Bryan Bank & Trust (Richmond Hill, Georgia), reported record net income of $4,508,000, or $1.49 per diluted share for 2002 compared with net income...
The Savannah Bancorp Reports an 11 Percent Increase In Third Quarter Earnings and Announces Quarterly Dividend
- 2002-10-15
Business Editors SAVANNAH--BUSINESS WIRE--Oct. 15, 2002 The Savannah Bancorp (Nasdaq: SAVB), Savannah, Georgia, the bank holding company for The Savannah Bank, N.A. and Bryan Bank & Trust, Richmond Hill, Georgia, reported third quarter net income of $1,192,000, compared with $1,074,000 in 2001, an increase of 11 percent. Earnings...
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Glass Door
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