NationsBank of South Carolina, National Association in Columbia, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1994

  • NationsBank of South Carolina, National Association in Columbia, South Carolina (SC)
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NationsBank of South Carolina, National Association - Overview

  • General
  • FDIC Certificate #: 11535
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 810124
    Date Established: January 01, 1874
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 201 (Interstate: No)
    FDIC's unique #: 7369
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 01, 1994
    Last Structure Change Process Date: December 19, 1994
    Last Data Update: December 19, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1901 Main Street, Columbia, SC 29201
    County: Richland
    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): Columbia, SC (#1760)
    Combined Statistical Area (CSA): Columbia-Newberry, SC (#192)
    Core Based Statistical Area (CBSA): Columbia, SC (#17900)
    CBSA Metro Statistical Area: Columbia, SC (#17900)
  • Financial Summary
  • Total assets: $8,720.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $2,417Total assets
  • $8,426,912Cash and due from depository institutions
  • $354,107Interest-bearing balances
  • $0Securities
  • $1,574,392Federal funds sold & reverse repurchase agreements
  • $1,250Net loans & leases
  • $6,137,485Loan loss allowance
  • $134,727Trading account assets
  • $0Bank premises and fixed assets
  • $127,468Other real estate owned
  • $35,634Goodwill and other intangibles
  • $143,769Life insurance assets
  • $52,807All other assets
  • $0Total liabilities and capital
  • $8,426,912Total liabilities
  • $7,695,772Total deposits
  • $4,872,859Interest-bearing deposits
  • $3,646,752Deposits held in domestic offices
  • 4872859.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $2,663,286Trading liabilities
  • $0Other borrowed funds
  • $25,364Subordinated debt
  • $10,000All other liabilities
  • $124,263Total equity capital
  • $124,263Total bank equity capital
  • $731,140Perpetual preferred stock
  • $0Common stock
  • $67,000Surplus
  • $519,385Undivided profits
  • Memoranda
  • $144,755Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $98,638Income earned, not collected on loans
  • $44,284Earning assets
  • $7,713,127Long-term assets (5+ years)
  • $1,255,828Average Assets, year-to-date
  • $8,510,634Average Assets, quarterly
  • $8,495,162Volatile liabilities
  • $2,943,973Insider loans
  • $85,962FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,153,991Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $669,904Total risk weighted assets
  • $6,024,303Total unused commitments
  • $0Restructured Loans and leases
  • $419Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $571,920Total interest expense
  • $190,893Net interest income
  • $381,027Provision for loan and lease losses
  • $23,470Total noninterest income
  • $80,916Fiduciary activities
  • $20,216Service charges on deposit accounts
  • $43,802Trading account gains & fees
  • $300Additional noninterest income
  • $16,598Total noninterest expense
  • $283,082Salaries and employee benefits
  • $64,551Premises and equipment expense
  • $32,857Additional noninterest expense
  • $185,674Pre-tax net operating income
  • $155,391Securities gains (losses)
  • $12,479Applicable income taxes
  • $62,236Income before extraordinary items
  • $105,634Extraordinary gains - net
  • $2,182Net income attributable to bank
  • $107,816Net charge-offs
  • $14,803Cash dividends
  • $78,872Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 2.49%Net interest margin
  • 4.97%Noninterest income to earning assets
  • 1.06%Noninterest expense to earning assets
  • 3.69%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.27%Pretax return on assets
  • 2.00%Return on equity (ROE)
  • 14.96%Retained earnings to average equity (YTD only)
  • 4.02%Net charge-offs to loans
  • 0.25%Credit loss provision to net charge-offs
  • 158.55%Efficiency ratio
  • 58,551Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.15%Loss allowance to loans
  • 2.15%Loss allowance to noncurrent loans
  • 136.59%Noncurrent assets plus other real estate owned to assets
  • 1.59%Noncurrent loans to loans
  • 1.57%Net loans and leases to deposits
  • 125.95%Net loans and leases to core deposits
  • 132.92%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 11.12%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $8,510,634Average earning assets
  • $720,530Average equity
  • $7,662,749Average loans

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