Regions Bank, National Association in Anderson, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 11, 1998

  • Regions Bank, National Association in Anderson, South Carolina (SC)
  • Show street view No street view available for this location

Regions Bank, National Association - Overview

  • General
  • FDIC Certificate #: 25244
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 223023
    Date Established: June 29, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 11915
    FDIC's unique #: 17452
    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: June 29, 1984
    Last Structure Change Effective Date: May 11, 1998
    Last Structure Change Process Date: June 09, 1998
    Last Data Update: June 09, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 Main Street, Anderson, SC 29621
    County: Anderson
    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): Greenville-Spartanburg-Anderson, SC (#3160)
    Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273)
    Core Based Statistical Area (CBSA): Anderson, SC (#11340)
    CBSA Metro Statistical Area: Anderson, SC (#11340)
  • Financial Summary
  • Total assets: $169.7 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
  • 31Total employees (full-time equivalent)
  • $120,428Total assets
  • $4,278Cash and due from depository institutions
  • $0Interest-bearing balances
  • $14,334Securities
  • $4,950Federal funds sold & reverse repurchase agreements
  • $92,540Net loans & leases
  • $985Loan loss allowance
  • $0Trading account assets
  • $2,530Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,796All other assets
  • $120,428Total liabilities and capital
  • $111,085Total liabilities
  • $105,101Total deposits
  • $92,505Interest-bearing deposits
  • $105,101Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,078Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,200Other borrowed funds
  • $0Subordinated debt
  • $1,706All other liabilities
  • $9,343Total equity capital
  • $9,343Total bank equity capital
  • $9,343Perpetual preferred stock
  • $0Common stock
  • $1,750Surplus
  • $2,040Undivided profits
  • Memoranda
  • $5,553Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $562Earning assets
  • $343Long-term assets (5+ years)
  • $753Average Assets, year-to-date
  • $111,824Average Assets, quarterly
  • $5,272Volatile liabilities
  • $114,886Insider loans
  • $119,179FHLB advances
  • $21,525Loans and leases held for sale
  • $1,776Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,841Total unused commitments
  • $0Restructured Loans and leases
  • $93,430Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $10,297Total interest income
  • $4,532Total interest expense
  • $5,765Net interest income
  • $315Provision for loan and lease losses
  • $793Total noninterest income
  • $0Fiduciary activities
  • $412Service charges on deposit accounts
  • $0Trading account gains & fees
  • $381Additional noninterest income
  • $3,775Total noninterest expense
  • $1,519Salaries and employee benefits
  • $402Premises and equipment expense
  • $1,854Additional noninterest expense
  • $2,468Pre-tax net operating income
  • $0Securities gains (losses)
  • $839Applicable income taxes
  • $1,629Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,629Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $174Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.69%Yield on earning assets
  • 4.27%Cost of funding earning assets
  • 5.43%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 18.93%Return on equity (ROE)
  • 17.19%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 181.03%Credit loss provision to net charge-offs
  • 15.99%Efficiency ratio
  • 57,563Assets per employee
  • 3.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.21%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 175.27%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 88.05%Net loans and leases to core deposits
  • 108.04%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 10.00%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $114,886Average earning assets
  • $8,606Average equity
  • $106,226Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Regions Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents