SVB & T Stock

SVB & T Corporation operates as a financial holding company for Springs Valley Bank & Trust Company that provides banking and financial services to individual and corporate customers in Orange, Dubois, and surrounding counties in southern Indiana.

The company has five wholly owned subsidiaries, including SVB & T Holdings, Inc., which primarily engages in managing the bank’s investment securities; SVB & T Investment I, II and III, LLC, which primarily engages in holding certain real estate acquired by the bank in connection with the foreclosure of loans; and SVB & T Properties, Inc. SVB & T Risk Management, Inc., a wholly owned subsidiary of the company, operates as a captive insurance company.

Loans

As of December 31, 2020, the company’s loans included nonreal estate commercial and commercial real estate loans; and nonreal estate consumer, consumer mortgage, home equity line of credit, and credit cards and other loans.

Securities

As of December 31, 2020, the company’s securities included mortgage-backed GSE residential and state securities and political subdivisions.

Deposits

As of December 31, 2020, the company’s deposits included demand deposits, savings deposits, certificates and other time deposits of $250,000 or more, and other certificates and time deposits.

History

SVB & T Corporation was founded in 1902.