- bankencyclopedia.com
- Banks in South Carolina (SC)
- Southern National Bank of South Carolina
Southern National Bank of South Carolina in Greenville, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 30, 1995
- Southern National Bank of South Carolina in Greenville, South Carolina (SC)
-
Show street view
No street view available for this location
Southern National Bank of South Carolina - Overview
- General
- FDIC Certificate #: 18847
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company of South Carolina (#21098)
Federal Reserve ID: 875628
Date Established: August 05, 1963
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 81 (Interstate: No)
OTS Docket #: 11624
FDIC's unique #: 12703
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: August 05, 1963
Last Structure Change Effective Date: May 30, 1995
Last Structure Change Process Date: June 15, 1995
Last Data Update: June 15, 1995
Data Source Date: April 05, 2012 - Location
- Address: 301 College Street, Greenville, SC 29601
County: Greenville
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): Greenville-Mauldin-Easley, SC (#24860)
CBSA Metro Statistical Area: Greenville-Mauldin-Easley, SC (#24860) - Financial Summary
- Total assets: $2,899.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1994)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $984Total assets
- $2,838,003Cash and due from depository institutions
- $90,754Interest-bearing balances
- $189Securities
- $770,438Federal funds sold & reverse repurchase agreements
- $0Net loans & leases
- $1,877,376Loan loss allowance
- $30,504Trading account assets
- $0Bank premises and fixed assets
- $44,643Other real estate owned
- $1,041Goodwill and other intangibles
- $48,322Life insurance assets
- $5,429All other assets
- $0Total liabilities and capital
- $2,838,003Total liabilities
- $2,636,553Total deposits
- $1,938,813Interest-bearing deposits
- $1,686,203Deposits held in domestic offices
- 1938813.00%% insured (estimated)
- $90Federal funds purchased & repurchase agreements
- $541,357Trading liabilities
- $0Other borrowed funds
- $137,826Subordinated debt
- $0All other liabilities
- $18,557Total equity capital
- $18,557Total bank equity capital
- $201,450Perpetual preferred stock
- $0Common stock
- $25,910Surplus
- $148,710Undivided profits
- Memoranda
- $26,830Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $13,251Income earned, not collected on loans
- $10,640Earning assets
- $2,648,003Long-term assets (5+ years)
- $570,907Average Assets, year-to-date
- $2,312,690Average Assets, quarterly
- $2,799,823Volatile liabilities
- $750,851Insider loans
- $7,059FHLB advances
- $0Loans and leases held for sale
- $21,764Unused loan commitments
- $346,642Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $202,191Total risk weighted assets
- $1,703,945Total unused commitments
- $0Restructured Loans and leases
- $3,000Derivatives
Income and Expense (December 31, 1994)
- Dollar figures in thousands
- $0Total interest income
- $193,072Total interest expense
- $89,422Net interest income
- $103,650Provision for loan and lease losses
- $4,062Total noninterest income
- $29,309Fiduciary activities
- $425Service charges on deposit accounts
- $13,241Trading account gains & fees
- $0Additional noninterest income
- $15,643Total noninterest expense
- $78,151Salaries and employee benefits
- $30,496Premises and equipment expense
- $9,178Additional noninterest expense
- $38,477Pre-tax net operating income
- $50,746Securities gains (losses)
- $382Applicable income taxes
- $19,438Income before extraordinary items
- $31,690Extraordinary gains - net
- $0Net income attributable to bank
- $31,690Net charge-offs
- $3,538Cash dividends
- $477Sale, conversion, retirement of capital stock, net
- $118,745Net operating income
Performance and Condition Ratios (December 31, 1994)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 8.94%Cost of funding earning assets
- 4.14%Net interest margin
- 4.80%Noninterest income to earning assets
- 1.36%Noninterest expense to earning assets
- 3.62%Net operating income to assets
- 1.36%Return on assets (ROA)
- 1.37%Pretax return on assets
- 2.21%Return on equity (ROE)
- 20.15%Retained earnings to average equity (YTD only)
- 19.85%Net charge-offs to loans
- 0.23%Credit loss provision to net charge-offs
- 114.81%Efficiency ratio
- 58,398Assets per employee
- 2.88%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 1.51%Loss allowance to loans
- 1.60%Loss allowance to noncurrent loans
- 230.20%Noncurrent assets plus other real estate owned to assets
- 0.50%Noncurrent loans to loans
- 0.69%Net loans and leases to deposits
- 96.83%Net loans and leases to core deposits
- 106.40%Equity capital to assets
- 7.10%Core capital (leverage) ratio
- 7.32%Tier 1 risk-based capital ratio
- 11.87%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $2,312,690Average earning assets
- $157,272Average equity
- $2,159,814Average loans
- bankencyclopedia.com
- Banks in South Carolina (SC)
- Southern National Bank of South Carolina
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Southern National Bank of South Carolina.
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.
Comment about this bank, ask questions, or add new information about it: