Truxton Corporation operates as a financial holding company. The Company operates, through its subsidiary, Truxton Trust Company (the Bank). The Bank provides a range of banking, investment management and trust administration services to individuals, businesses and charitable institutions. Its primary deposit products are demand, money market and certificates of deposit and its primary lending products are residential and commercial real estate mortgages, commercial loans and loans to individuals. Its loans portfolio segments include Commercial, Commercial Real Estate, Construction and Land Development, and Consumer. Commercial loans include loans for commercial, and agricultural purposes to business enterprises that are not secured by real estate. Commercial Real Estate loans include loans secured by non-residential real estate and improvements thereon. Residential Real Estate loans include loans secured by residential real estate, including single-family and multi-family dwellings.
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