South Carolina Bank and Trust of the Piedmont, National Association in Rock Hill, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 06, 2008

  • South Carolina Bank and Trust of the Piedmont, National Association in Rock Hill, South Carolina (SC)
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South Carolina Bank and Trust of the Piedmont, National Association - Overview

  • General
  • FDIC Certificate #: 34204
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SCBT National Association (#13425)
    Federal Reserve ID: 2451482
    Date Established: July 11, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 56862
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 11, 1996
    Last Structure Change Effective Date: December 06, 2008
    Last Structure Change Process Date: December 22, 2008
    Last Data Update: December 22, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1127 Ebenezer 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)
  • Financial Summary
  • Total assets: $301.8 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, 2007)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $287,942Total assets
  • $9,291Cash and due from depository institutions
  • $676Interest-bearing balances
  • $34,045Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $233,349Net loans & leases
  • $2,963Loan loss allowance
  • $0Trading account assets
  • $5,848Bank premises and fixed assets
  • $59Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,350All other assets
  • $287,942Total liabilities and capital
  • $266,631Total liabilities
  • $215,074Total deposits
  • $174,500Interest-bearing deposits
  • $215,074Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $46,589Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $1,968All other liabilities
  • $21,311Total equity capital
  • $21,311Total bank equity capital
  • $21,311Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $8,750Undivided profits
  • Memoranda
  • $10,311Noncurrent loans and leases
  • $56,424Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $568Earning assets
  • $0Long-term assets (5+ years)
  • $1,461Average Assets, year-to-date
  • $270,070Average Assets, quarterly
  • $36,162Volatile liabilities
  • $273,685Insider loans
  • $284,529FHLB advances
  • $111,813Loans and leases held for sale
  • $2,559Unused loan commitments
  • $3,000Tier 1 (core) risk-based capital
  • $17,657Tier 2 risk-based capital
  • $3,380Total risk weighted assets
  • $56,424Total unused commitments
  • $0Restructured Loans and leases
  • $2,795Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $18,770Total interest income
  • $7,636Total interest expense
  • $11,134Net interest income
  • $513Provision for loan and lease losses
  • $3,177Total noninterest income
  • $0Fiduciary activities
  • $1,022Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,155Additional noninterest income
  • $9,184Total noninterest expense
  • $4,324Salaries and employee benefits
  • $832Premises and equipment expense
  • $4,028Additional noninterest expense
  • $4,614Pre-tax net operating income
  • $27Securities gains (losses)
  • $1,593Applicable income taxes
  • $3,048Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,048Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $141Sale, conversion, retirement of capital stock, net
  • $854Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.35%Yield on earning assets
  • 2.99%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • 1.11%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 15.29%Return on equity (ROE)
  • 11.00%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 363.83%Credit loss provision to net charge-offs
  • 36.36%Efficiency ratio
  • 64,174Assets per employee
  • 5.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.02%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 521.65%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 108.50%Net loans and leases to core deposits
  • 155.72%Equity capital to assets
  • 7.40%Core capital (leverage) ratio
  • 7.53%Tier 1 risk-based capital ratio
  • 9.46%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $273,685Average earning assets
  • $19,941Average equity
  • $255,446Average loans

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