Clemson Bank & Trust in Clemson, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2001

  • Clemson Bank & Trust in Clemson, South Carolina (SC)
  • Show street view No street view available for this location

Clemson Bank & Trust - Overview

  • General
  • FDIC Certificate #: 34034
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CapitalBank (#27426)
    Federal Reserve ID: 2312967
    Date Established: June 22, 1995
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 14161
    FDIC's unique #: 56009
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 22, 1995
    Last Structure Change Effective Date: January 01, 2001
    Last Structure Change Process Date: May 08, 2001
    Last Data Update: May 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 528 Old Greenville Highway, Clemson, SC 29631
    County: Pickens
    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)
  • Financial Summary
  • Total assets: $41.3 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $41,327Total assets
  • $1,214Cash and due from depository institutions
  • $59Interest-bearing balances
  • $10,245Securities
  • $4,240Federal funds sold & reverse repurchase agreements
  • $23,258Net loans & leases
  • $370Loan loss allowance
  • $0Trading account assets
  • $1,593Bank premises and fixed assets
  • $0Other real estate owned
  • $309Goodwill and other intangibles
  • $0Life insurance assets
  • $468All other assets
  • $41,327Total liabilities and capital
  • $37,168Total liabilities
  • $32,367Total deposits
  • $30,093Interest-bearing deposits
  • $32,367Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,399Other borrowed funds
  • $0Subordinated debt
  • $402All other liabilities
  • $4,159Total equity capital
  • $4,159Total bank equity capital
  • $4,159Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $2,250Undivided profits
  • Memoranda
  • $-341Noncurrent loans and leases
  • $9,664Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $98Earning assets
  • $0Long-term assets (5+ years)
  • $176Average Assets, year-to-date
  • $37,802Average Assets, quarterly
  • $5,358Volatile liabilities
  • $43,743Insider loans
  • $40,627FHLB advances
  • $3,818Loans and leases held for sale
  • $2,141Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,664Total unused commitments
  • $0Restructured Loans and leases
  • $326Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $3,519Total interest income
  • $1,777Total interest expense
  • $1,742Net interest income
  • $140Provision for loan and lease losses
  • $365Total noninterest income
  • $0Fiduciary activities
  • $271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $94Additional noninterest income
  • $1,523Total noninterest expense
  • $543Salaries and employee benefits
  • $221Premises and equipment expense
  • $759Additional noninterest expense
  • $444Pre-tax net operating income
  • $0Securities gains (losses)
  • $124Applicable income taxes
  • $320Income before extraordinary items
  • $0Extraordinary gains - net
  • $320Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $133Sale, conversion, retirement of capital stock, net
  • $285Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.99%Yield on earning assets
  • 4.54%Cost of funding earning assets
  • 4.45%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.89%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 7.95%Return on equity (ROE)
  • 0.87%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 105.26%Credit loss provision to net charge-offs
  • 4.39%Efficiency ratio
  • 70,622Assets per employee
  • 2.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.06%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 377.55%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 71.86%Net loans and leases to core deposits
  • 81.47%Equity capital to assets
  • 10.06%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 15.17%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $43,743Average earning assets
  • $4,028Average equity
  • $39,155Average loans

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