Bank of Travelers Rest in Travelers Rest, South Carolina (SC)



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Bank of Travelers Rest routing number info

Table of contents:
Bank of Travelers Rest
GeneralFDIC Certificate #: 16389
Status: Active
Federal Reserve ID: 589523
Bank Holding Company (Regulatory Top Holder): Travelers Rest Bancshares, Inc. (RSSDID: 2730383, Location: Travelers Rest, SC)
Date Established: March 10, 1946
WWW: http://www.bankoftravelersrest.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 10996
FDIC's unique #: 10568
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: March 18, 1946
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: 42 Plaza Drive, Travelers Rest, SC 29690
County: Greenville
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): Greenville-Mauldin-Easley, SC (#24860)
CBSA Metro Statistical Area: Greenville-Mauldin-Easley, SC (#24860)
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $481.2 mil
Equity capital: $43.4 mil
Deposits held in domestic offices: $419.9 mil
Return on assets (ROA): 0.79% ($3.8 mil)
Quarterly return on assets: 0.89% ($4.3 mil)
Return on Equity (ROE): 10.12% ($4.4 mil)
Quarterly return on equity: 10.15% ($4.4 mil)
Net income: $4.0 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 0.83% ($3,993.9 mil)
Quarterly Pretax return on assets: 0.93% ($4,475.1 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)122
Total assets$481,194
Cash and due from depository institutions$20,768
Interest-bearing balances$9,942
Securities$125,211
Federal funds sold & reverse repurchase agreements$4,042
Net loans & leases$299,390
Loan loss allowance $6,229
Trading account assets$0
Bank premises and fixed assets$10,664
Other real estate owned$6,403
Goodwill and other intangibles$0
All other assets$14,716
Life insurance assets$481,194
Total liabilities and capital$437,765
Total liabilities$419,946
Total deposits$373,615
Interest-bearing deposits$419,946
Deposits held in domestic offices$94
% insured (estimated)4845.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$9,484
Other borrowed funds $0
Subordinated debt $3,490
All other liabilities $43,429
Total equity capital$43,429
Total bank equity capital$43,429
Perpetual preferred stock$0
Common stock$3,127
Surplus$18,534
Undivided profits $21,768
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $254
Income earned, not collected on loans $9,304
Earning assets $174
Long-term assets (5+ years) $1,985
Average Assets, year-to-date $438,585
Average Assets, quarterly $186,096
Volatile liabilities $500,526
Insider loans $487,637
FHLB advances $331,837
Loans and leases held for sale $483,844
Unused loan commitments $9,455
Tier 1 (core) risk-based capital $5,290
Tier 2 risk-based capital $39,626
Total risk weighted assets $0
Total unused commitments $4,165
Restructured Loans and leases $62,443
Derivatives$5,496
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $21,668
Total interest expense $5,118
Net interest income $16,550
Provision for loan and lease losses $4,204
Total noninterest income $6,153
Fiduciary activities $0
Service charges on deposit accounts $3,825
Trading account gains & fees $0
Additional noninterest income $2,328
Total noninterest expense $15,507
Salaries and employee benefits $8,244
Premises and equipment expense $1,737
Additional noninterest expense $5,526
Pre-tax net operating income $2,992
Securities gains (losses) $1,151
Applicable income taxes $188
Income before extraordinary items $3,955
Extraordinary gains - net $0
Net income attributable to bank $3,955
Net charge-offs $0
Cash dividends $3,955
Sale, conversion, retirement of capital stock, net $3,190
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.77%
Cost of funding earning assets 1.13%
Net interest margin 3.64%
Noninterest income to earning assets 1.35%
Noninterest expense to earning assets 3.41%
Net operating income to assets 0.57%
Return on assets (ROA) 0.79%
Pretax return on assets 0.83%
Return on equity (ROE) 10.12%
Retained earnings to average equity (YTD only) 10.12%
Net charge-offs to loans 1.04%
Credit loss provision to net charge-offs 131.79%
Efficiency ratio2.26%
Assets per employee$68,304
Cash dividends to net income (YTD only)3.94%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.04%
Noncurrent assets plus other real estate owned to assets 66.95%
Noncurrent loans to loans 3.26%
Net loans and leases to deposits3.04%
Net loans and leases to core deposits 71.29%
Equity capital to assets 77.86%
Core capital (leverage) ratio 9.03%
Tier 1 risk-based capital ratio 8.19%
Total risk-based capital ratio 11.94%
Memoranda
Average assets$13
Average earning assets$500,526
Average equity $39,089
Average loans $454,636
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9 South Carolina Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010568Bank Of Travelers Rest42 Plaza Drive, Travelers Rest, SC 29690March 10, 1946Full Service Brick and Mortar
1237985Marietta Branch3211 Geer Hwy, Marietta, SC 29661June 27, 1962Full Service Brick and Mortar
2237986Roe Road Branch15 Roe Road, Travelers Rest, SC 29690April 15, 1970Full Service Brick and Mortar
3237987Old Buncombe Road BranchOld Buncombe And Duncan Chapel Roads, Greenville, SC 29609April 17, 1978Full Service Brick and Mortar
4237988White Horse Road Branch6204 White Horse Road, Greenville, SC 29611March 15, 1990Full Service Brick and Mortar
5357191North Pleasantburg Branch2021 North Pleasantburg Drive, Greenville, SC 29609June 21, 2000Full Service Brick and Mortar
6431391Pelham Ridge Branch201 Pelham Road, Greenville, SC 29615August 16, 2004Full Service Brick and Mortar
7469489Downtown Greenville Office217-B East Washington Street, Greenville, SC 29601October 22, 2007Full Service Brick and Mortar
8473402Taylors Branch6000 Wade Hampton Boulevard, Taylors, SC 29687November 21, 2007Full Service Brick and Mortar
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