Bank of Greeleyville in Greeleyville, South Carolina (SC)



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Bank of Greeleyville routing number info

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Bank of Greeleyville
GeneralFDIC Certificate #: 15113
Status: Active
Federal Reserve ID: 465524
Bank Holding Company (Regulatory Top Holder): Southeastern Bancorp, Inc. (RSSDID: 1250679, Location: Greeleyville, SC)
Date Established: April 25, 1935
WWW: http://www.bog1.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13511
FDIC's unique #: 9487
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: April 25, 1935
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
LocationAddress: 73 Main Street, Greeleyville, SC 29056
County: Williamsburg
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $75.6 mil
Equity capital: $7.1 mil
Deposits held in domestic offices: $65.3 mil
Return on assets (ROA): 0.73% ($0.6 mil)
Quarterly return on assets: -1.15% (-$0.9 mil)
Return on Equity (ROE): 7.93% ($0.6 mil)
Quarterly return on equity: -12.01% (-$0.8 mil)
Net income: $0.6 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.77% ($582.0 mil)
Quarterly Pretax return on assets: -1.17% (-$884.3 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)
Total employees (full-time equivalent)21
Total assets$75,579
Cash and due from depository institutions$2,400
Interest-bearing balances$152
Securities$7,563
Federal funds sold & reverse repurchase agreements$8,984
Net loans & leases$54,348
Loan loss allowance $1,565
Trading account assets$0
Bank premises and fixed assets$770
Other real estate owned$260
Goodwill and other intangibles$0
All other assets$1,254
Life insurance assets$75,578
Total liabilities and capital$68,478
Total liabilities$65,295
Total deposits$55,054
Interest-bearing deposits$65,295
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,000
Other borrowed funds $0
Subordinated debt $183
All other liabilities $7,100
Total equity capital$7,100
Total bank equity capital$7,100
Perpetual preferred stock$0
Common stock$150
Surplus$2,950
Undivided profits $4,000
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $891
Earning assets $0
Long-term assets (5+ years) $700
Average Assets, year-to-date $71,047
Average Assets, quarterly $10,452
Volatile liabilities $75,833
Insider loans $75,554
FHLB advances $55,027
Loans and leases held for sale $76,310
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,682
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,306
Derivatives$1,093
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,452
Total interest expense $1,045
Net interest income $3,407
Provision for loan and lease losses $855
Total noninterest income $796
Fiduciary activities $0
Service charges on deposit accounts $602
Trading account gains & fees $0
Additional noninterest income $194
Total noninterest expense $2,761
Salaries and employee benefits $1,384
Premises and equipment expense $252
Additional noninterest expense $1,125
Pre-tax net operating income $587
Securities gains (losses) $0
Applicable income taxes $37
Income before extraordinary items $550
Extraordinary gains - net $0
Net income attributable to bank $550
Net charge-offs $0
Cash dividends $550
Sale, conversion, retirement of capital stock, net $71
Net operating income $398
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.21%
Cost of funding earning assets 1.46%
Net interest margin 4.75%
Noninterest income to earning assets 1.11%
Noninterest expense to earning assets 3.85%
Net operating income to assets 0.73%
Return on assets (ROA) 0.73%
Pretax return on assets 0.77%
Return on equity (ROE) 7.93%
Retained earnings to average equity (YTD only) 2.19%
Net charge-offs to loans 0.12%
Credit loss provision to net charge-offs 1204.23%
Efficiency ratio20.31%
Assets per employee$65,691
Cash dividends to net income (YTD only)3.60%
Condition Ratios (%)
Loss allowance to loans 72.36%
Loss allowance to noncurrent loans 2.80%
Noncurrent assets plus other real estate owned to assets 175.65%
Noncurrent loans to loans 1.52%
Net loans and leases to deposits1.59%
Net loans and leases to core deposits 83.23%
Equity capital to assets 87.58%
Core capital (leverage) ratio 9.39%
Tier 1 risk-based capital ratio 8.76%
Total risk-based capital ratio 12.14%
Memoranda
Average assets$13
Average earning assets$75,833
Average equity $6,932
Average loans $71,699
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2 South Carolina Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09487Bank Of Greeleyville73 Main Street, Greeleyville, SC 29056April 25, 1935Full Service Brick and Mortar
1233256Kingstree Branch209 Martin Luther King Jr Blvd, Kingstree, SC 29556October 18, 1989Full Service Brick and Mortar
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