Kingstree Federal Savings and Loan Association in Kingstree, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Kingstree Federal Savings and Loan Association in Kingstree, South Carolina (SC)
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Kingstree Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29486
    Status: Active
    Federal Reserve ID: 440978
    Date Established: January 01, 1926
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 3534
    FDIC's unique #: 42320
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: July 29, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 East Mill Street, Kingstree, SC 29556
    County: Williamsburg
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $32.8 mil
    Equity capital: $4.5 mil
    Deposits held in domestic offices: $28.3 mil
    Return on assets (ROA): 0.24% ($0.1 mil)
    Quarterly return on assets: 0.31% ($0.1 mil)
    Return on Equity (ROE): 1.63% ($0.1 mil)
    Quarterly return on equity: 2.22% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.26% ($85.3 mil)
    Quarterly Pretax return on assets: 0.35% ($114.9 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
  • 6Total employees (full-time equivalent)
  • $32,825Total assets
  • $5,303Cash and due from depository institutions
  • $4,679Interest-bearing balances
  • $3,572Securities
  • $1,615Federal funds sold & reverse repurchase agreements
  • $20,737Net loans & leases
  • $178Loan loss allowance
  • $0Trading account assets
  • $143Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $32,825Life insurance assets
  • $1,455All other assets
  • $28,314Total liabilities and capital
  • $28,262Total liabilities
  • $28,223Total deposits
  • $28,262Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $52Subordinated debt
  • $4,511All other liabilities
  • $4,511Total equity capital
  • $4,511Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $90Surplus
  • $4,411Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $482Income earned, not collected on loans
  • $0Earning assets
  • $120Long-term assets (5+ years)
  • $30,603Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $30,207Volatile liabilities
  • $31,946Insider loans
  • $14,747FHLB advances
  • $32,823Loans and leases held for sale
  • $1,215Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,509Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,776Restructured Loans and leases
  • $427Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,188Total interest income
  • $389Total interest expense
  • $799Net interest income
  • $81Provision for loan and lease losses
  • $65Total noninterest income
  • $0Fiduciary activities
  • $2Service charges on deposit accounts
  • $0Trading account gains & fees
  • $63Additional noninterest income
  • $703Total noninterest expense
  • $357Salaries and employee benefits
  • $144Premises and equipment expense
  • $202Additional noninterest expense
  • $80Pre-tax net operating income
  • $0Securities gains (losses)
  • $7Applicable income taxes
  • $73Income before extraordinary items
  • $0Extraordinary gains - net
  • $73Net income attributable to bank
  • $0Net charge-offs
  • $73Cash dividends
  • -$34Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 2.87%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 1.63%Return on equity (ROE)
  • 1.63%Retained earnings to average equity (YTD only)
  • -0.17%Net charge-offs to loans
  • -238.24%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 81,366Assets per employee
  • 5.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 36.93%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 2.30%Net loans and leases to deposits
  • 73.37%Net loans and leases to core deposits
  • 76.10%Equity capital to assets
  • 13.74%Core capital (leverage) ratio
  • 13.74%Tier 1 risk-based capital ratio
  • 30.58%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $30,207Average earning assets
  • $4,490Average equity
  • $27,874Average loans

List of branches

  • 1 South Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042320Kingstree Federal Savings And Loan A101 East Mill Street, Kingstree, SC 29556January 01, 1926Full Service Brick and Mortar

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