Savannah River Banking Company in Aiken, South Carolina (SC), GA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Savannah River Banking Company in Aiken, South Carolina (SC), GA
  • Show street view No street view available for this location
Savannah River Banking Company routing number info

Savannah River Banking Company - Overview

  • General
  • FDIC Certificate #: 58515
    Status: Active
    Federal Reserve ID: 3620883
    Bank Holding Company (Regulatory Top Holder): Savannah River Financial Corporation (RSSDID: 3839984, Location: Augusta, GA)
    Date Established: August 01, 2007
    WWW: http://www.savannahriverbanking.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: Yes)
    OTS Docket #: 18036
    FDIC's unique #: 455087
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 01, 2007
    Last Structure Change Effective Date: July 29, 2011
    Last Structure Change Process Date: August 15, 2011
    Last Data Update: August 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 407 Silver Bluff Road, Aiken, SC 29803
    County: Aiken
    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): Augusta-Aiken, GA-SC (#600)
    Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
    CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Entity Type
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $154.9 mil
    Equity capital: $20.9 mil
    Deposits held in domestic offices: $126.3 mil
    Return on assets (ROA): 0.41% ($0.6 mil)
    Quarterly return on assets: 0.36% ($0.6 mil)
    Return on Equity (ROE): 2.97% ($0.6 mil)
    Quarterly return on equity: 2.63% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.69% ($1,068.9 mil)
    Quarterly Pretax return on assets: 0.72% ($1,115.4 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
  • 27Total employees (full-time equivalent)
  • $154,913Total assets
  • $4,142Cash and due from depository institutions
  • $1,524Interest-bearing balances
  • $27,195Securities
  • $15,130Federal funds sold & reverse repurchase agreements
  • $99,705Net loans & leases
  • $1,621Loan loss allowance
  • $0Trading account assets
  • $6,811Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $154,913Life insurance assets
  • $1,930All other assets
  • $133,973Total liabilities and capital
  • $126,333Total liabilities
  • $118,595Total deposits
  • $126,333Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $640Subordinated debt
  • $20,940All other liabilities
  • $20,940Total equity capital
  • $20,940Total bank equity capital
  • $0Perpetual preferred stock
  • $2,250Common stock
  • $19,920Surplus
  • $-1,230Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $195Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $113Income earned, not collected on loans
  • $0Earning assets
  • $440Long-term assets (5+ years)
  • $143,554Average Assets, year-to-date
  • $27,999Average Assets, quarterly
  • $147,976Volatile liabilities
  • $150,798Insider loans
  • $112,723FHLB advances
  • $145,887Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,894Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,232Restructured Loans and leases
  • $12,694Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,143Total interest income
  • $1,521Total interest expense
  • $4,622Net interest income
  • $250Provision for loan and lease losses
  • $241Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $176Additional noninterest income
  • $3,594Total noninterest expense
  • $2,152Salaries and employee benefits
  • $557Premises and equipment expense
  • $885Additional noninterest expense
  • $1,019Pre-tax net operating income
  • $0Securities gains (losses)
  • $414Applicable income taxes
  • $605Income before extraordinary items
  • $0Extraordinary gains - net
  • $605Net income attributable to bank
  • $0Net charge-offs
  • $605Cash dividends
  • $43Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 2.97%Return on equity (ROE)
  • 2.97%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 581.40%Credit loss provision to net charge-offs
  • 29.51%Efficiency ratio
  • 73,905Assets per employee
  • 5.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 1434.51%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 78.92%Net loans and leases to core deposits
  • 85.79%Equity capital to assets
  • 13.52%Core capital (leverage) ratio
  • 13.64%Tier 1 risk-based capital ratio
  • 17.65%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $147,976Average earning assets
  • $20,344Average equity
  • $136,625Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    2522274Augusta Branch3638 Walton Way Extension, Augusta, GA 30909April 12, 2011Full Service Brick and Mortar
  • 1 South Carolina Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0455087Savannah River Banking Company407 Silver Bluff Road, Aiken, SC 29803August 01, 2007Full Service Brick and Mortar

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 Savannah River Banking Company.
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