Provident Community Bank, National Association in Rock Hill, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Provident Community Bank, National Association in Rock Hill, South Carolina (SC)
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Provident Community Bank, National Association - Overview

  • General
  • FDIC Certificate #: 28997
    Status: Active
    Federal Reserve ID: 937674
    Bank Holding Company (Regulatory Top Holder): Provident Community Bancshares, Inc. (RSSDID: 3177341, Location: Rock Hill, SC)
    Date Established: June 01, 1934
    WWW: http://www.providentonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 2741
    FDIC's unique #: 41831
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 10, 1934
    Last Structure Change Effective Date: March 05, 2007
    Last Structure Change Process Date: April 09, 2007
    Last Data Update: April 09, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 2700 Celanese Road, Rock Hill, SC 29732
    County: York
    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): Charlotte-Gastonia-Rock Hill, NC-SC (#1520)
    Combined Statistical Area (CSA): Charlotte-Gastonia-Salisbury, NC-SC (#172)
    Core Based Statistical Area (CBSA): Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
    CBSA Metro Statistical Area: Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $376.6 mil
    Equity capital: $25.0 mil
    Deposits held in domestic offices: $283.8 mil
    Return on assets (ROA): 0.09% ($0.3 mil)
    Quarterly return on assets: -0.21% (-$0.8 mil)
    Return on Equity (ROE): 1.47% ($0.4 mil)
    Quarterly return on equity: -3.21% (-$0.8 mil)
    Net income: $0.3 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.09% ($339.0 mil)
    Quarterly Pretax return on assets: -0.21% (-$790.9 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
  • 70Total employees (full-time equivalent)
  • $376,628Total assets
  • $24,155Cash and due from depository institutions
  • $17,952Interest-bearing balances
  • $165,878Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $156,092Net loans & leases
  • $4,549Loan loss allowance
  • $0Trading account assets
  • $4,787Bank premises and fixed assets
  • $8,398Other real estate owned
  • $0Goodwill and other intangibles
  • $376,628Life insurance assets
  • $17,318All other assets
  • $351,662Total liabilities and capital
  • $283,772Total liabilities
  • $261,564Total deposits
  • $283,772Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 5269.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $59,500Trading liabilities
  • $0Other borrowed funds
  • $3,121Subordinated debt
  • $24,966All other liabilities
  • $24,966Total equity capital
  • $24,966Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $28,729Surplus
  • $-3,763Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $17,248Income earned, not collected on loans
  • $0Earning assets
  • $1,340Long-term assets (5+ years)
  • $339,922Average Assets, year-to-date
  • $165,510Average Assets, quarterly
  • $391,369Volatile liabilities
  • $380,667Insider loans
  • $207,329FHLB advances
  • $381,393Loans and leases held for sale
  • $7,923Unused loan commitments
  • $2,733Tier 1 (core) risk-based capital
  • $24,537Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,190Total unused commitments
  • $16,652Restructured Loans and leases
  • $1,867Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,039Total interest income
  • $5,060Total interest expense
  • $8,979Net interest income
  • $990Provision for loan and lease losses
  • $1,554Total noninterest income
  • $0Fiduciary activities
  • $1,332Service charges on deposit accounts
  • $0Trading account gains & fees
  • $222Additional noninterest income
  • $9,865Total noninterest expense
  • $4,071Salaries and employee benefits
  • $1,497Premises and equipment expense
  • $4,297Additional noninterest expense
  • -$322Pre-tax net operating income
  • $692Securities gains (losses)
  • $25Applicable income taxes
  • $345Income before extraordinary items
  • $0Extraordinary gains - net
  • $345Net income attributable to bank
  • $0Net charge-offs
  • $345Cash dividends
  • $3,820Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.00%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 2.56%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • -0.08%Net operating income to assets
  • 0.09%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 1.47%Return on equity (ROE)
  • 1.47%Retained earnings to average equity (YTD only)
  • 2.11%Net charge-offs to loans
  • 25.92%Credit loss provision to net charge-offs
  • 0.17%Efficiency ratio
  • 93,658Assets per employee
  • 5.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.83%Loss allowance to noncurrent loans
  • 26.37%Noncurrent assets plus other real estate owned to assets
  • 6.81%Noncurrent loans to loans
  • 10.74%Net loans and leases to deposits
  • 55.01%Net loans and leases to core deposits
  • 57.31%Equity capital to assets
  • 6.63%Core capital (leverage) ratio
  • 6.43%Tier 1 risk-based capital ratio
  • 11.83%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $391,369Average earning assets
  • $23,462Average equity
  • $351,183Average loans

List of branches

  • 11 South Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041831Provident Community Bank, National Association2700 Celanese Road, Rock Hill, SC 29732June 01, 1934Full Service Brick and Mortar
    1272142Duncan Bypass Banking Branch502 North Duncan By-Pass, Union, SC 29379December 31, 1986Full Service Brick and Mortar
    2272143Jonesville Branch934 Forest Street, Jonesville, SC 29353July 07, 1994Full Service Brick and Mortar
    3245213Hillcrest Drive Branch206 Hillcrest Drive, Laurens, SC 29360November 10, 1972Full Service Brick and Mortar
    6272646Winnsboro Branch801 Highway 321 South, Winnsboro, SC 29180June 30, 1988Full Service Brick and Mortar
    8441643Rock Hill Messenger Service Branch2700 Celanese Road, Rock Hill, SC 29732Febuary 01, 2004Limited Service Messenger
    9444972Bank Operations Branch (Lpo)600 North Duncan Bypass, Union, SC 29379September 15, 1998Limited Service Loan Production
    10447441Westminster Banking Branch1330 India Hood Road, Rock Hill, SC 29732January 17, 2006Full Service Brick and Mortar
    11451979Simpsonville Banking Branch116 Northeast Main Street, Simpsonville, SC 29681March 01, 2006Full Service Brick and Mortar
    12459430Manchester Bank Branch615 Crown Pointe Lane, Suite 100, Rock Hill, SC 29732October 23, 2006Full Service Brick and Mortar
    13462298Union Main Street Banking Center Bra203 West Main Street, Union, SC 29379March 05, 2007Full Service Brick and Mortar

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