FDIC Certificate #: 35464 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:SCBT National Association (#13425) Federal Reserve ID: 2904849 Date Established: November 15, 2000 WWW:http://www.esunbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 80246 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: November 15, 2000 Last Structure Change Effective Date: March 25, 2006 Last Structure Change Process Date: March 31, 2006 Last Data Update: March 31, 2006 Data Source Date: April 05, 2012
Location
Address: 4210 Highway 17 Bypass, Murrells Inlet, SC 29576 County: Georgetown 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 Combined Statistical Area (CSA): Myrtle Beach-Conway-Georgetown, SC (#396) Core Based Statistical Area (CBSA): Georgetown, SC (#23860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $115.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$115,019Total assets
$4,056Cash and due from depository institutions
$272Interest-bearing balances
$4,013Securities
$8,525Federal funds sold & reverse repurchase agreements
$76,116Net loans & leases
$1,197Loan loss allowance
$0Trading account assets
$3,359Bank premises and fixed assets
$0Other real estate owned
$17,411Goodwill and other intangibles
$0Life insurance assets
$1,539All other assets
$115,019Total liabilities and capital
$85,843Total liabilities
$85,063Total deposits
$76,557Interest-bearing deposits
$85,063Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$780All other liabilities
$29,176Total equity capital
$29,176Total bank equity capital
$29,176Perpetual preferred stock
$0Common stock
$5,310Surplus
$23,765Undivided profits
Memoranda
$101Noncurrent loans and leases
$18,188Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$454Average Assets, year-to-date
$88,926Average Assets, quarterly
$3,463Volatile liabilities
$99,233Insider loans
$109,539FHLB advances
$27,322Loans and leases held for sale
$6,020Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,081Total risk weighted assets
$18,188Total unused commitments
$0Restructured Loans and leases
$1,002Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$769Total interest income
$243Total interest expense
$526Net interest income
$37Provision for loan and lease losses
$77Total noninterest income
$0Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$57Additional noninterest income
$409Total noninterest expense
$225Salaries and employee benefits
$85Premises and equipment expense
$99Additional noninterest expense
$157Pre-tax net operating income
$0Securities gains (losses)
$59Applicable income taxes
$98Income before extraordinary items
$0Extraordinary gains - net
$98Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.89%Yield on earning assets
0.28%Cost of funding earning assets
0.61%Net interest margin
0.09%Noninterest income to earning assets
0.47%Noninterest expense to earning assets
0.10%Net operating income to assets
0.10%Return on assets (ROA)
0.16%Pretax return on assets
0.75%Return on equity (ROE)
0.75%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
528.57%Credit loss provision to net charge-offs
27.71%Efficiency ratio
65,506Assets per employee
5.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
89.48%Net loans and leases to core deposits
131.82%Equity capital to assets
25.37%Core capital (leverage) ratio
12.96%Tier 1 risk-based capital ratio
14.70%Total risk-based capital ratio
Memoranda
$16Average assets
$99,233Average earning assets
$13,119Average equity
$86,502Average loans
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