Enterprise Bank of South Carolina in Ehrhardt, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

Enterprise Bank of South Carolina - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 120Total employees (full-time equivalent)
  • $403,879Total assets
  • $33,953Cash and due from depository institutions
  • $23,596Interest-bearing balances
  • $42,195Securities
  • $15,000Federal funds sold & reverse repurchase agreements
  • $263,324Net loans & leases
  • $6,723Loan loss allowance
  • $0Trading account assets
  • $3,785Bank premises and fixed assets
  • $31,997Other real estate owned
  • $1,671Goodwill and other intangibles
  • $403,879Life insurance assets
  • $11,954All other assets
  • $343,602Total liabilities and capital
  • $343,118Total liabilities
  • $303,382Total deposits
  • $343,118Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $484Subordinated debt
  • $60,277All other liabilities
  • $60,277Total equity capital
  • $60,277Total bank equity capital
  • $0Perpetual preferred stock
  • $514Common stock
  • $7,500Surplus
  • $52,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,111Income earned, not collected on loans
  • $0Earning assets
  • $3,039Long-term assets (5+ years)
  • $344,115Average Assets, year-to-date
  • $50,521Average Assets, quarterly
  • $416,513Volatile liabilities
  • $406,686Insider loans
  • $312,392FHLB advances
  • $406,566Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $57,752Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,446Restructured Loans and leases
  • $6Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,150Total interest income
  • $4,628Total interest expense
  • $13,522Net interest income
  • $5,600Provision for loan and lease losses
  • $2,294Total noninterest income
  • $0Fiduciary activities
  • $1,681Service charges on deposit accounts
  • $0Trading account gains & fees
  • $613Additional noninterest income
  • $25,319Total noninterest expense
  • $3,870Salaries and employee benefits
  • $1,183Premises and equipment expense
  • $20,266Additional noninterest expense
  • -$15,103Pre-tax net operating income
  • $2Securities gains (losses)
  • -$5,180Applicable income taxes
  • -$9,921Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9,921Net income attributable to bank
  • $0Net charge-offs
  • -$9,921Cash dividends
  • $7,749Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 6.96%Noninterest expense to earning assets
  • -2.38%Net operating income to assets
  • -2.38%Return on assets (ROA)
  • -3.63%Pretax return on assets
  • -15.77%Return on equity (ROE)
  • -15.77%Retained earnings to average equity (YTD only)
  • 2.64%Net charge-offs to loans
  • 72.27%Credit loss provision to net charge-offs
  • -1.23%Efficiency ratio
  • 157,644Assets per employee
  • 3.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.49%Loss allowance to noncurrent loans
  • 23.92%Noncurrent assets plus other real estate owned to assets
  • 14.88%Noncurrent loans to loans
  • 10.41%Net loans and leases to deposits
  • 76.74%Net loans and leases to core deposits
  • 82.03%Equity capital to assets
  • 14.92%Core capital (leverage) ratio
  • 14.20%Tier 1 risk-based capital ratio
  • 18.49%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $416,513Average earning assets
  • $62,894Average equity
  • $364,032Average loans

List of branches

  • 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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