Dedicated Community Bank in Darlington, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches


Dedicated Community Bank - Overview

  • General
  • FDIC Certificate #: 26588
    Status: Active
    Federal Reserve ID: 513322
    Bank Holding Company (Regulatory Top Holder): Darlington County Bancshares, Inc. (RSSDID: 2798440, Location: Darlington, SC)
    Date Established: March 10, 1986
    WWW: http://www.dcbsc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 35292
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 10, 1986
    Last Structure Change Effective Date: Febuary 12, 2009
    Last Structure Change Process Date: June 17, 2009
    Last Data Update: June 17, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 Cashua Street, Darlington, SC 29532
    County: Darlington
    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
    Core Based Statistical Area (CBSA): Florence, SC (#22500)
    CBSA Metro Statistical Area: Florence, SC (#22500)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $40.4 mil
    Equity capital: $5.5 mil
    Deposits held in domestic offices: $34.9 mil
    Return on assets (ROA): 0.42% ($0.2 mil)
    Quarterly return on assets: 0.63% ($0.3 mil)
    Return on Equity (ROE): 3.19% ($0.2 mil)
    Quarterly return on equity: 4.71% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.45% ($181.8 mil)
    Quarterly Pretax return on assets: 0.41% ($165.7 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
  • 15Total employees (full-time equivalent)
  • $40,406Total assets
  • $4,394Cash and due from depository institutions
  • $3,276Interest-bearing balances
  • $10,602Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $23,163Net loans & leases
  • $250Loan loss allowance
  • $0Trading account assets
  • $1,321Bank premises and fixed assets
  • $337Other real estate owned
  • $0Goodwill and other intangibles
  • $40,406Life insurance assets
  • $589All other assets
  • $34,952Total liabilities and capital
  • $34,891Total liabilities
  • $26,930Total deposits
  • $34,891Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $61Subordinated debt
  • $5,454All other liabilities
  • $5,454Total equity capital
  • $5,454Total bank equity capital
  • $0Perpetual preferred stock
  • $790Common stock
  • $830Surplus
  • $3,834Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $458Income earned, not collected on loans
  • $0Earning assets
  • $326Long-term assets (5+ years)
  • $37,041Average Assets, year-to-date
  • $8,759Average Assets, quarterly
  • $41,104Volatile liabilities
  • $40,647Insider loans
  • $26,704FHLB advances
  • $40,661Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,364Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,719Restructured Loans and leases
  • $1,001Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,837Total interest income
  • $216Total interest expense
  • $1,621Net interest income
  • $82Provision for loan and lease losses
  • $305Total noninterest income
  • $0Fiduciary activities
  • $297Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8Additional noninterest income
  • $1,659Total noninterest expense
  • $833Salaries and employee benefits
  • $257Premises and equipment expense
  • $569Additional noninterest expense
  • $185Pre-tax net operating income
  • $0Securities gains (losses)
  • $14Applicable income taxes
  • $171Income before extraordinary items
  • $0Extraordinary gains - net
  • $171Net income attributable to bank
  • $0Net charge-offs
  • $171Cash dividends
  • $69Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 4.37%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 3.19%Return on equity (ROE)
  • 1.70%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 118.84%Credit loss provision to net charge-offs
  • 3.87%Efficiency ratio
  • 86,137Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.78%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 54.59%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 66.39%Net loans and leases to core deposits
  • 67.94%Equity capital to assets
  • 13.50%Core capital (leverage) ratio
  • 13.19%Tier 1 risk-based capital ratio
  • 20.09%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $41,104Average earning assets
  • $5,353Average equity
  • $37,992Average loans

List of branches

  • 1 South Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035292Dedicated Community Bank202 Cashua Street, Darlington, SC 29532March 10, 1986Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Dedicated Community Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents