BancTrust Financial Group, Inc. (BancTrust) is a multi-bank holding company. The Company provides an array of traditional financial services through 44 bank offices in the southern two-thirds of Alabama and 10 bank offices in northwest Florida. BancTrust operates through its subsidiary banks, BankTrust, headquartered in Mobile, Alabama (the Alabama Bank), and BankTrust, headquartered in Santa Rosa Beach, Florida (the Florida Bank). In October of 2007, the Company acquired The Peoples BancTrust Company, Inc. (Peoples), a bank holding company headquartered in Selma that operated 23 branches throughout the central part of the state of Alabama. In January 2008, BancTrust entered into an agreement to sell three offices in and around Tuscaloosa, Alabama that were acquired in the Peoples purchase. In August of 2008, the Company sold three offices in and around Tuscaloosa, Alabama that were acquired in the Peoples purchase.

The company was founded in 1985. It was formerly known as Mobile National Corporation and changed its name to South Alabama Bancorporation, Inc. in 1993. Further, the company changed its name to BancTrust Financial Group, Inc. in 2002. BancTrust Financial Group is headquartered in Mobile, Alabama.


  Bailout Bank Bio: BancTrust Financial Group

 

Federal Equity Investment

Total Revenue

$118.646 million

Net Income

$6.186 million

Number of Employees

686

Corporate Headquarters

Mobile, Alabama

Business Sector

Banking

Officers and Directors

Lamar, W. Bibb, President, Chief Executive Officer and Director
Nelson, J.Stephen, Chairman of the Board

Other Officers and Directors

Corporate Website

Executive Compensation

BancTrust Financial Group

  

 

 

►Financial Documents

2008-12-23 BancTrust Financial 8K

2008-09-30 BancTrust Financial 10Q

2008 BancTrust Financial Proxy

2007 BancTrust Financial Annual Report

2007 BancTrust Financial 10K

Federal contracts

USAspending.gov

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

No political contributions located.

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Last Updated May 12, 2009

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