Pee Dee State Bank in Timmonsville, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 28, 1998

  • Pee Dee State Bank in Timmonsville, South Carolina (SC)
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Pee Dee State Bank - Overview

  • General
  • FDIC Certificate #: 15030
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: RBC Bank (USA) (#33184)
    Federal Reserve ID: 587426
    Date Established: January 01, 1932
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    OTS Docket #: 10452
    FDIC's unique #: 9424
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 20, 1935
    Last Structure Change Effective Date: March 28, 1998
    Last Structure Change Process Date: April 08, 1998
    Last Data Update: April 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Timmonsville, SC 29161
    County: Florence
    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): Florence, SC (#2655)
    Core Based Statistical Area (CBSA): Florence, SC (#22500)
    CBSA Metro Statistical Area: Florence, SC (#22500)
  • Financial Summary
  • Total assets: $139.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 92Total employees (full-time equivalent)
  • $139,425Total assets
  • $4,353Cash and due from depository institutions
  • $0Interest-bearing balances
  • $29,648Securities
  • $9,000Federal funds sold & reverse repurchase agreements
  • $90,550Net loans & leases
  • $989Loan loss allowance
  • $0Trading account assets
  • $2,222Bank premises and fixed assets
  • $125Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,527All other assets
  • $139,425Total liabilities and capital
  • $125,508Total liabilities
  • $118,961Total deposits
  • $97,862Interest-bearing deposits
  • $118,961Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,375Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $615Other borrowed funds
  • $0Subordinated debt
  • $2,557All other liabilities
  • $13,917Total equity capital
  • $13,917Total bank equity capital
  • $13,917Perpetual preferred stock
  • $0Common stock
  • $315Surplus
  • $5,018Undivided profits
  • Memoranda
  • $8,584Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $725Earning assets
  • $0Long-term assets (5+ years)
  • $827Average Assets, year-to-date
  • $129,198Average Assets, quarterly
  • $4,969Volatile liabilities
  • $130,486Insider loans
  • $136,624FHLB advances
  • $18,220Loans and leases held for sale
  • $43Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $766Total risk weighted assets
  • $8,363Total unused commitments
  • $0Restructured Loans and leases
  • $96,653Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $12,192Total interest income
  • $4,522Total interest expense
  • $7,670Net interest income
  • $650Provision for loan and lease losses
  • $1,812Total noninterest income
  • $0Fiduciary activities
  • $1,205Service charges on deposit accounts
  • $0Trading account gains & fees
  • $607Additional noninterest income
  • $5,898Total noninterest expense
  • $3,273Salaries and employee benefits
  • $771Premises and equipment expense
  • $1,854Additional noninterest expense
  • $2,934Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,031Applicable income taxes
  • $1,903Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,903Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $511Sale, conversion, retirement of capital stock, net
  • $599Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.07%Yield on earning assets
  • 3.74%Cost of funding earning assets
  • 6.34%Net interest margin
  • 1.50%Noninterest income to earning assets
  • 4.87%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 14.21%Return on equity (ROE)
  • 9.73%Retained earnings to average equity (YTD only)
  • 0.59%Net charge-offs to loans
  • 127.20%Credit loss provision to net charge-offs
  • 7.01%Efficiency ratio
  • 62,202Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.48%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 136.41%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.79%Net loans and leases to deposits
  • 76.12%Net loans and leases to core deposits
  • 86.97%Equity capital to assets
  • 9.98%Core capital (leverage) ratio
  • 10.14%Tier 1 risk-based capital ratio
  • 14.39%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $130,486Average earning assets
  • $13,395Average equity
  • $121,028Average loans

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