BancTrust Financial Group, Inc., formerly known as South Alabama Bancorporation, Inc., is the parent company to six bank subsidiaries: BankTrust, BankTrust of Brewton, The Monroe County Bank, The Commercial Bank of Demopolis, Sweet Water State Bank and Wewahitchka State Bank (collectively, the Banks). The Banks are engaged in the business of obtaining funds, primarily in the form of deposits, and investing such funds in commercial and real estate loans and investment securities in southwest Alabama and northwest Florida. The Banks also offer general banking advice and consultation to the public, as well as other customer convenience and community-oriented services. In addition, they have relationships with correspondent banks to offer additional services, which may be requested by their customers. The Company also owns 100% of a trust company, South Alabama Trust Company, Inc., which offers general, corporate and personal trust services.