Enterprise Bank of South Carolina in Ehrhardt, South Carolina (SC)



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Enterprise Bank of South Carolina routing number info

Table of contents:
Enterprise Bank of South Carolina
GeneralFDIC Certificate #: 11539
Status: Active
Federal Reserve ID: 457426
Date Established: January 01, 1920
WWW: http://www.ebanksc.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Domestic: 12, Interstate: No)
FDIC's unique #: 7372
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: January 01, 1934
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: 13497 Broxton Bridge Road, Ehrhardt, SC 29081
County: Bamberg
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $403.9 mil
Equity capital: $60.3 mil
Deposits held in domestic offices: $343.1 mil
Return on assets (ROA): -2.38% (-$9.6 mil)
Quarterly return on assets: 1.90% ($7.7 mil)
Return on Equity (ROE): -15.77% (-$9.5 mil)
Quarterly return on equity: 13.00% ($7.8 mil)
Net income: -$9.9 mil
Quarterly Net income: $1.9 mil
Pretax return on assets: -3.63% (-$14,660.8 mil)
Quarterly Pretax return on assets: -3.20% (-$12,924.1 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)120
Total assets$403,879
Cash and due from depository institutions$33,953
Interest-bearing balances$23,596
Securities$42,195
Federal funds sold & reverse repurchase agreements$15,000
Net loans & leases$263,324
Loan loss allowance $6,723
Trading account assets$0
Bank premises and fixed assets$3,785
Other real estate owned$31,997
Goodwill and other intangibles$1,671
All other assets$11,954
Life insurance assets$403,879
Total liabilities and capital$343,602
Total liabilities$343,118
Total deposits$303,382
Interest-bearing deposits$343,118
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $484
All other liabilities $60,277
Total equity capital$60,277
Total bank equity capital$60,277
Perpetual preferred stock$0
Common stock$514
Surplus$7,500
Undivided profits $52,263
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $28,111
Earning assets $0
Long-term assets (5+ years) $3,039
Average Assets, year-to-date $344,115
Average Assets, quarterly $50,521
Volatile liabilities $416,513
Insider loans $406,686
FHLB advances $312,392
Loans and leases held for sale $406,566
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $57,752
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $18,446
Derivatives$6
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $18,150
Total interest expense $4,628
Net interest income $13,522
Provision for loan and lease losses $5,600
Total noninterest income $2,294
Fiduciary activities $0
Service charges on deposit accounts $1,681
Trading account gains & fees $0
Additional noninterest income $613
Total noninterest expense $25,319
Salaries and employee benefits $3,870
Premises and equipment expense $1,183
Additional noninterest expense $20,266
Pre-tax net operating income -$15,103
Securities gains (losses) $2
Applicable income taxes -$5,180
Income before extraordinary items -$9,921
Extraordinary gains - net $0
Net income attributable to bank -$9,921
Net charge-offs $0
Cash dividends -$9,921
Sale, conversion, retirement of capital stock, net $7,749
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 assets4.99%
Cost of funding earning assets 1.27%
Net interest margin 3.71%
Noninterest income to earning assets 0.63%
Noninterest expense to earning assets 6.96%
Net operating income to assets -2.38%
Return on assets (ROA) -2.38%
Pretax return on assets -3.63%
Return on equity (ROE) -15.77%
Retained earnings to average equity (YTD only) -15.77%
Net charge-offs to loans 2.64%
Credit loss provision to net charge-offs 72.27%
Efficiency ratio-1.23%
Assets per employee$157,644
Cash dividends to net income (YTD only)3.37%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.49%
Noncurrent assets plus other real estate owned to assets 23.92%
Noncurrent loans to loans 14.88%
Net loans and leases to deposits10.41%
Net loans and leases to core deposits 76.74%
Equity capital to assets 82.03%
Core capital (leverage) ratio 14.92%
Tier 1 risk-based capital ratio 14.20%
Total risk-based capital ratio 18.49%
Memoranda
Average assets$19
Average earning assets$416,513
Average equity $62,894
Average loans $364,032
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12 South Carolina Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07372Enterprise Bank Of South Carolina13497 Broxton Bridge Road, Ehrhardt, SC 29081January 01, 1920Full Service Brick and Mortar
1224939Walterboro Branch1105 N Jefferies, Walterboro, SC 29488March 02, 1981Full Service Brick and Mortar
2224940Bamberg Branch400 North Main Street, Bamberg, SC 29003August 20, 1984Full Service Brick and Mortar
3224941Denmark Branch117 North Palmetto Avenue, Denmark, SC 29042August 14, 1985Full Service Brick and Mortar
4224942Edisto Island Branch804 Oyster Park Drive, Edisto Island, SC 29438July 08, 1987Full Service Brick and Mortar
5224943Cottageville Branch11003 Cottageville Highway, Cottageville, SC 29435October 03, 1986Full Service Brick and Mortar
6224944Ridgeville Branch102 Main Street, Ridgeville, SC 29472June 13, 1988Full Service Brick and Mortar
7224945Bells Highway Branch776 Bells Highway, Walterboro, SC 29488May 11, 1994Full Service Brick and Mortar
10225012Springfield Branch7222 Festival Trail Road, Springfield, SC 29146October 14, 1968Full Service Brick and Mortar
11225013Blackville Branch227 Main Street, Blackville, SC 29817December 30, 1968Full Service Brick and Mortar
13225015Williston Branch11 West Main Street, Williston, SC 29853December 06, 1965Full Service Brick and Mortar
14361972Barnwell Branch287 Main Street, Barnwell, SC 29812May 14, 2001Full Service Brick and Mortar
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