Carolina National Bank and Trust Company in Columbia, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 18, 2008

  • Carolina National Bank and Trust Company in Columbia, South Carolina (SC)
  • Show street view No street view available for this location

Carolina National Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 57355
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of the South (#35383)
    Federal Reserve ID: 3109397
    Date Established: July 15, 2002
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 362404
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 15, 2002
    Last Structure Change Effective Date: Febuary 18, 2008
    Last Structure Change Process Date: March 04, 2008
    Last Data Update: March 04, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1350 Main Street, Columbia, SC 29201
    County: Richland
    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): Columbia, SC (#1760)
    Combined Statistical Area (CSA): Columbia-Newberry, SC (#192)
    Core Based Statistical Area (CBSA): Columbia, SC (#17900)
    CBSA Metro Statistical Area: Columbia, SC (#17900)
  • Financial Summary
  • Total assets: $220.5 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, 2007)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $220,549Total assets
  • $11,634Cash and due from depository institutions
  • $7,820Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $203,735Net loans & leases
  • $2,481Loan loss allowance
  • $0Trading account assets
  • $1,648Bank premises and fixed assets
  • $326Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,206All other assets
  • $220,549Total liabilities and capital
  • $190,924Total liabilities
  • $187,561Total deposits
  • $171,394Interest-bearing deposits
  • $187,561Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,353Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,010All other liabilities
  • $29,625Total equity capital
  • $29,625Total bank equity capital
  • $29,625Perpetual preferred stock
  • $0Common stock
  • $4,500Surplus
  • $24,000Undivided profits
  • Memoranda
  • $1,125Noncurrent loans and leases
  • $44,439Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,528Earning assets
  • $0Long-term assets (5+ years)
  • $984Average Assets, year-to-date
  • $211,555Average Assets, quarterly
  • $2,991Volatile liabilities
  • $220,270Insider loans
  • $224,230FHLB advances
  • $29,668Loans and leases held for sale
  • $4,748Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $44,439Total unused commitments
  • $0Restructured Loans and leases
  • $2,481Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $16,392Total interest income
  • $8,036Total interest expense
  • $8,356Net interest income
  • $212Provision for loan and lease losses
  • $386Total noninterest income
  • $0Fiduciary activities
  • $266Service charges on deposit accounts
  • $0Trading account gains & fees
  • $120Additional noninterest income
  • $5,924Total noninterest expense
  • $2,762Salaries and employee benefits
  • $894Premises and equipment expense
  • $2,268Additional noninterest expense
  • $2,606Pre-tax net operating income
  • $0Securities gains (losses)
  • $953Applicable income taxes
  • $1,653Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,653Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $162Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.72%Yield on earning assets
  • 3.78%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 5.97%Return on equity (ROE)
  • 5.97%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 130.86%Credit loss provision to net charge-offs
  • 17.40%Efficiency ratio
  • 67,765Assets per employee
  • 5.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 98.14%Noncurrent assets plus other real estate owned to assets
  • 1.29%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 108.62%Net loans and leases to core deposits
  • 127.94%Equity capital to assets
  • 13.43%Core capital (leverage) ratio
  • 12.78%Tier 1 risk-based capital ratio
  • 13.62%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $220,270Average earning assets
  • $27,685Average equity
  • $212,341Average loans

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