Sumter National Bank in Sumter, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2006

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

Sumter National Bank - Overview

  • General
  • FDIC Certificate #: 34183
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Resource Bank, National Association (#27116)
    Federal Reserve ID: 2428381
    Date Established: June 10, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 14427
    FDIC's unique #: 56841
    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: June 10, 1996
    Last Structure Change Effective Date: October 01, 2006
    Last Structure Change Process Date: October 18, 2006
    Last Data Update: October 18, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 683 Bultman Drive, Sumter, SC 29150
    County: Sumter
    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): Sumter, SC (#8140)
    Core Based Statistical Area (CBSA): Sumter, SC (#44940)
    CBSA Metro Statistical Area: Sumter, SC (#44940)
  • Financial Summary
  • Total assets: $132.8 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, 2005)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $140,672Total assets
  • $5,344Cash and due from depository institutions
  • $429Interest-bearing balances
  • $4,030Securities
  • $10,963Federal funds sold & reverse repurchase agreements
  • $113,513Net loans & leases
  • $7,741Loan loss allowance
  • $0Trading account assets
  • $1,883Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,939All other assets
  • $140,672Total liabilities and capital
  • $130,635Total liabilities
  • $120,911Total deposits
  • $103,305Interest-bearing deposits
  • $120,911Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,185Other borrowed funds
  • $0Subordinated debt
  • $539All other liabilities
  • $10,037Total equity capital
  • $10,037Total bank equity capital
  • $10,037Perpetual preferred stock
  • $0Common stock
  • $1,750Surplus
  • $7,500Undivided profits
  • Memoranda
  • $787Noncurrent loans and leases
  • $12,074Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6,219Earning assets
  • $0Long-term assets (5+ years)
  • $777Average Assets, year-to-date
  • $128,935Average Assets, quarterly
  • $1,853Volatile liabilities
  • $138,202Insider loans
  • $141,273FHLB advances
  • $27,506Loans and leases held for sale
  • $3,274Unused loan commitments
  • $9,185Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,074Total unused commitments
  • $0Restructured Loans and leases
  • $1,458Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $8,732Total interest income
  • $3,146Total interest expense
  • $5,586Net interest income
  • $8,300Provision for loan and lease losses
  • $1,115Total noninterest income
  • $0Fiduciary activities
  • $921Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $2,925Total noninterest expense
  • $1,077Salaries and employee benefits
  • $347Premises and equipment expense
  • $1,501Additional noninterest expense
  • -$4,524Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,544Applicable income taxes
  • -$2,980Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,980Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,733Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.79%Yield on earning assets
  • 2.45%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • -2.16%Net operating income to assets
  • -2.16%Return on assets (ROA)
  • -3.27%Pretax return on assets
  • -27.80%Return on equity (ROE)
  • -27.80%Retained earnings to average equity (YTD only)
  • 1.42%Net charge-offs to loans
  • 478.94%Credit loss provision to net charge-offs
  • 2.18%Efficiency ratio
  • 43,650Assets per employee
  • 4.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.38%Loss allowance to noncurrent loans
  • 124.47%Noncurrent assets plus other real estate owned to assets
  • 4.42%Noncurrent loans to loans
  • 5.13%Net loans and leases to deposits
  • 93.88%Net loans and leases to core deposits
  • 121.53%Equity capital to assets
  • 7.14%Core capital (leverage) ratio
  • 7.06%Tier 1 risk-based capital ratio
  • 9.11%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $138,202Average earning assets
  • $10,718Average equity
  • $128,518Average 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 Sumter National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents