Bank of Greeleyville in Greeleyville, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Greeleyville - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 21Total employees (full-time equivalent)
  • $75,579Total assets
  • $2,400Cash and due from depository institutions
  • $152Interest-bearing balances
  • $7,563Securities
  • $8,984Federal funds sold & reverse repurchase agreements
  • $54,348Net loans & leases
  • $1,565Loan loss allowance
  • $0Trading account assets
  • $770Bank premises and fixed assets
  • $260Other real estate owned
  • $0Goodwill and other intangibles
  • $75,578Life insurance assets
  • $1,254All other assets
  • $68,478Total liabilities and capital
  • $65,295Total liabilities
  • $55,054Total deposits
  • $65,295Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $183Subordinated debt
  • $7,100All other liabilities
  • $7,100Total equity capital
  • $7,100Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $2,950Surplus
  • $4,000Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $891Income earned, not collected on loans
  • $0Earning assets
  • $700Long-term assets (5+ years)
  • $71,047Average Assets, year-to-date
  • $10,452Average Assets, quarterly
  • $75,833Volatile liabilities
  • $75,554Insider loans
  • $55,027FHLB advances
  • $76,310Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,682Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,306Restructured Loans and leases
  • $1,093Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,452Total interest income
  • $1,045Total interest expense
  • $3,407Net interest income
  • $855Provision for loan and lease losses
  • $796Total noninterest income
  • $0Fiduciary activities
  • $602Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $2,761Total noninterest expense
  • $1,384Salaries and employee benefits
  • $252Premises and equipment expense
  • $1,125Additional noninterest expense
  • $587Pre-tax net operating income
  • $0Securities gains (losses)
  • $37Applicable income taxes
  • $550Income before extraordinary items
  • $0Extraordinary gains - net
  • $550Net income attributable to bank
  • $0Net charge-offs
  • $550Cash dividends
  • $71Sale, conversion, retirement of capital stock, net
  • $398Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.21%Yield on earning assets
  • 1.46%Cost of funding earning assets
  • 4.75%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 7.93%Return on equity (ROE)
  • 2.19%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 1204.23%Credit loss provision to net charge-offs
  • 20.31%Efficiency ratio
  • 65,691Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 72.36%Loss allowance to loans
  • 2.80%Loss allowance to noncurrent loans
  • 175.65%Noncurrent assets plus other real estate owned to assets
  • 1.52%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 83.23%Net loans and leases to core deposits
  • 87.58%Equity capital to assets
  • 9.39%Core capital (leverage) ratio
  • 8.76%Tier 1 risk-based capital ratio
  • 12.14%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $75,833Average earning assets
  • $6,932Average equity
  • $71,699Average loans

List of branches

  • 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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