Santee Cooper State Bank in Elloree, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1993

  • Santee Cooper State Bank in Elloree, South Carolina (SC)
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Santee Cooper State Bank - Overview

  • General
  • FDIC Certificate #: 14958
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SCBT National Association (#13425)
    Federal Reserve ID: 642129
    Date Established: January 01, 1935
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 9370
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1935
    Last Structure Change Effective Date: January 01, 1993
    Last Structure Change Process Date: January 12, 1993
    Last Data Update: January 12, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Elloree, SC 29047
    County: Orangeburg
    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
    Core Based Statistical Area (CBSA): Orangeburg, SC (#36700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $38.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $38,818Cash and due from depository institutions
  • $1,854Interest-bearing balances
  • $100Securities
  • $9,248Federal funds sold & reverse repurchase agreements
  • $5,650Net loans & leases
  • $20,612Loan loss allowance
  • $500Trading account assets
  • $0Bank premises and fixed assets
  • $913Other real estate owned
  • $55Goodwill and other intangibles
  • $486Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $38,818Total liabilities
  • $34,249Total deposits
  • $34,179Interest-bearing deposits
  • $30,064Deposits held in domestic offices
  • 34179.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $70Total equity capital
  • $70Total bank equity capital
  • $4,569Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $1,800Undivided profits
  • Memoranda
  • $1,569Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $218Earning assets
  • $35,610Long-term assets (5+ years)
  • $3,146Average Assets, year-to-date
  • $38,816Average Assets, quarterly
  • $38,662Volatile liabilities
  • $933Insider loans
  • $131FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,171Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,569Total risk weighted assets
  • $18,638Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,985Total interest expense
  • $1,239Net interest income
  • $1,746Provision for loan and lease losses
  • $220Total noninterest income
  • $289Fiduciary activities
  • $0Service charges on deposit accounts
  • $244Trading account gains & fees
  • $0Additional noninterest income
  • $45Total noninterest expense
  • $1,359Salaries and employee benefits
  • $698Premises and equipment expense
  • $251Additional noninterest expense
  • $410Pre-tax net operating income
  • $456Securities gains (losses)
  • $0Applicable income taxes
  • $118Income before extraordinary items
  • $338Extraordinary gains - net
  • $0Net income attributable to bank
  • $338Net charge-offs
  • $71Cash dividends
  • $180Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.50%Cost of funding earning assets
  • 3.53%Net interest margin
  • 4.97%Noninterest income to earning assets
  • 0.82%Noninterest expense to earning assets
  • 3.87%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 1.17%Return on equity (ROE)
  • 7.35%Retained earnings to average equity (YTD only)
  • 3.44%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 309.86%Efficiency ratio
  • 66,781Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.25%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 60.31%Net loans and leases to core deposits
  • 62.00%Equity capital to assets
  • 11.77%Core capital (leverage) ratio
  • 11.80%Tier 1 risk-based capital ratio
  • 24.51%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $38,816Average earning assets
  • $4,597Average equity
  • $35,110Average loans

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