Synovus Bank

Established in 1888

About Synovus Bank

Synovus Bank was established on 1888. The bank's headquarters are located at 1111 Bay Avenue in Columbus, Georgia.

Synovus Bank is an FDIC insured bank with FDIC number 873 managing assets to the value of $54,326,440 as of 12/31/2020.

Synovus Bank has a Texas ratio of 3.09%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

3.09%
Texas Ratio
FDIC Certificate #

873

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $54,326,440
Equity Capital $5,239,849
Total Deposits $47,143,911
Total Liabilities $49,086,591
Total Securities $7,979,336
Net Loans And Leases $38,407,371
Loan Loss Allowance $605,736
Total Loans And Leases $39,090,779
YTD (as of 12/31/2020)
Return On Assets 0.76%
Return On Equity 7.44%
Total Interest Income $1,804,337
Total Interest Expense $252,571
Total Non Interest Income $340,732
Total Non Interest Expense $1,119,780

Headquarters

1111 Bay Avenue 31901, Columbus

Synovus Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $39,090,779 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Synovus Bank Mortgage Loans Profile

Classic Bank

68.11%

Application Approval Rate

Classic Bank

$245,617

Average Mortgage Loan Amount

Classic Bank

15,214

Number of Loan Applications

Classic Bank

$216,329

Average Income of Applicants with Approved Loans

Classic Bank

1.77%

Average Cost of Loans

Classic Bank

32.03%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Fulton

Number of Loan Applications
1,138
Average Loan Amount
$285,248
Approval Rate
71.00%
Average Income of Approved Loans’ Applicants
$287,079

2 Jefferson

Number of Loan Applications
568
Average Loan Amount
$270,278
Approval Rate
76.06%
Average Income of Approved Loans’ Applicants
$209,000

3 De Kalb

Number of Loan Applications
518
Average Loan Amount
$224,003
Approval Rate
71.62%
Average Income of Approved Loans’ Applicants
$238,134

4 Cobb

Number of Loan Applications
489
Average Loan Amount
$213,852
Approval Rate
74.85%
Average Income of Approved Loans’ Applicants
$205,363

5 Sarasota

Number of Loan Applications
445
Average Loan Amount
$284,823
Approval Rate
63.37%
Average Income of Approved Loans’ Applicants
$204,516

6 Pinellas

Number of Loan Applications
438
Average Loan Amount
$233,741
Approval Rate
67.12%
Average Income of Approved Loans’ Applicants
$305,467

Top States by Number of Mortgage Loan Applications

1 Georgia

Number of Loan Applications
6,894
Average Loan Amount
$206,427
Approval Rate
70.66%
Average Income of Approved Loans’ Applicants
$208,795

2 Florida

Number of Loan Applications
3,942
Average Loan Amount
$307,305
Approval Rate
61.19%
Average Income of Approved Loans’ Applicants
$243,456

3 South Carolina

Number of Loan Applications
1,683
Average Loan Amount
$257,897
Approval Rate
68.92%
Average Income of Approved Loans’ Applicants
$195,433

4 Alabama

Number of Loan Applications
1,637
Average Loan Amount
$234,634
Approval Rate
73.49%
Average Income of Approved Loans’ Applicants
$212,511

5 Tennessee

Number of Loan Applications
990
Average Loan Amount
$260,905
Approval Rate
68.08%
Average Income of Approved Loans’ Applicants
$193,974

6 North Carolina

Number of Loan Applications
56
Average Loan Amount
$1,060,946
Approval Rate
66.07%
Average Income of Approved Loans’ Applicants
$567,469