Bank of Anderson, National Association in Anderson, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Bank of Anderson, National Association in Anderson, South Carolina (SC)
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Bank of Anderson, National Association - Overview

  • General
  • FDIC Certificate #: 34830
    Status: Active
    Federal Reserve ID: 2701767
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorporation, Inc. (RSSDID: 1974443, Location: Easley, SC)
    Date Established: September 03, 1998
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 16096
    FDIC's unique #: 61742
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: September 03, 1998
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 East Greenville Street, Anderson, SC 29621
    County: Anderson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Columbia Sc
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greenville-Spartanburg-Anderson, SC (#3160)
    Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273)
    Core Based Statistical Area (CBSA): Anderson, SC (#11340)
    CBSA Metro Statistical Area: Anderson, SC (#11340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $145.2 mil
    Equity capital: $14.9 mil
    Deposits held in domestic offices: $129.3 mil
    Return on assets (ROA): 0.63% ($0.9 mil)
    Quarterly return on assets: 0.62% ($0.9 mil)
    Return on Equity (ROE): 6.52% ($1.0 mil)
    Quarterly return on equity: 6.03% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.68% ($987.7 mil)
    Quarterly Pretax return on assets: 0.62% ($900.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $145,247Total assets
  • $2,129Cash and due from depository institutions
  • $0Interest-bearing balances
  • $62,856Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $63,628Net loans & leases
  • $1,308Loan loss allowance
  • $53Trading account assets
  • $3,250Bank premises and fixed assets
  • $3,918Other real estate owned
  • $0Goodwill and other intangibles
  • $145,247Life insurance assets
  • $6,413All other assets
  • $130,356Total liabilities and capital
  • $129,270Total liabilities
  • $115,484Total deposits
  • $129,270Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 747.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $339Subordinated debt
  • $14,891All other liabilities
  • $14,891Total equity capital
  • $14,891Total bank equity capital
  • $0Perpetual preferred stock
  • $4,500Common stock
  • $4,500Surplus
  • $5,891Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,846Income earned, not collected on loans
  • $0Earning assets
  • $701Long-term assets (5+ years)
  • $129,537Average Assets, year-to-date
  • $75,799Average Assets, quarterly
  • $145,858Volatile liabilities
  • $145,453Insider loans
  • $77,624FHLB advances
  • $141,656Loans and leases held for sale
  • $3,363Unused loan commitments
  • $2,422Tier 1 (core) risk-based capital
  • $11,992Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $941Total unused commitments
  • $14,077Restructured Loans and leases
  • $4,541Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,544Total interest income
  • $1,412Total interest expense
  • $5,132Net interest income
  • $625Provision for loan and lease losses
  • $657Total noninterest income
  • $0Fiduciary activities
  • $193Service charges on deposit accounts
  • $28Trading account gains & fees
  • $436Additional noninterest income
  • $4,195Total noninterest expense
  • $1,981Salaries and employee benefits
  • $299Premises and equipment expense
  • $1,915Additional noninterest expense
  • $969Pre-tax net operating income
  • $23Securities gains (losses)
  • $77Applicable income taxes
  • $915Income before extraordinary items
  • $0Extraordinary gains - net
  • $915Net income attributable to bank
  • $0Net charge-offs
  • $915Cash dividends
  • $872Sale, conversion, retirement of capital stock, net
  • $412Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 6.52%Return on equity (ROE)
  • 3.58%Retained earnings to average equity (YTD only)
  • 1.27%Net charge-offs to loans
  • 71.67%Credit loss provision to net charge-offs
  • 1.83%Efficiency ratio
  • 72,465Assets per employee
  • 5.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.03%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 70.86%Noncurrent assets plus other real estate owned to assets
  • 3.97%Noncurrent loans to loans
  • 2.84%Net loans and leases to deposits
  • 49.22%Net loans and leases to core deposits
  • 55.27%Equity capital to assets
  • 10.25%Core capital (leverage) ratio
  • 8.47%Tier 1 risk-based capital ratio
  • 15.45%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $145,858Average earning assets
  • $14,033Average equity
  • $130,220Average loans

List of branches

  • 3 South Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061742Bank Of Anderson, National Association201 East Greenville Street, Anderson, SC 29621September 03, 1998Full Service Brick and Mortar
    1423066Pearman Dairy Branch1434 Pearman Dairy Road, Anderson, SC 29625August 08, 2003Full Service Brick and Mortar
    2505876Bank Of Anderson Courier Service Mob201 East Greenville Street, Anderson, SC 29621Febuary 03, 2010Limited Service Mobile

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