The Bank of Clarendon in Manning, South Carolina (SC)



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The Bank of Clarendon routing number info

Table of contents:
The Bank of Clarendon
GeneralFDIC Certificate #: 15671
Status: Active
Federal Reserve ID: 3720
Date Established: July 01, 1939
WWW: http://www.bankofclarendon.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 4, Interstate: No)
OTS Docket #: 13654
FDIC's unique #: 9945
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: July 01, 1939
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 106 South Brooks Street, Manning, SC 29102
County: Clarendon
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $205.4 mil
Equity capital: $28.8 mil
Deposits held in domestic offices: $166.7 mil
Return on assets (ROA): 1.01% ($2.1 mil)
Quarterly return on assets: 0.38% ($0.8 mil)
Return on Equity (ROE): 6.93% ($2.0 mil)
Quarterly return on equity: 2.62% ($0.8 mil)
Net income: $2.0 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.46% ($2,998.2 mil)
Quarterly Pretax return on assets: 0.52% ($1,067.9 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)61
Total assets$205,356
Cash and due from depository institutions$29,645
Interest-bearing balances$23,275
Securities$49,122
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$114,725
Loan loss allowance $1,475
Trading account assets$0
Bank premises and fixed assets$5,183
Other real estate owned$740
Goodwill and other intangibles$0
All other assets$5,941
Life insurance assets$205,356
Total liabilities and capital$176,514
Total liabilities$166,737
Total deposits$140,985
Interest-bearing deposits$166,737
Deposits held in domestic offices$81
% insured (estimated)2584.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,506
Other borrowed funds $0
Subordinated debt $1,687
All other liabilities $28,842
Total equity capital$28,842
Total bank equity capital$28,842
Perpetual preferred stock$0
Common stock$2,400
Surplus$10,800
Undivided profits $15,642
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $471
Income earned, not collected on loans $1,170
Earning assets $0
Long-term assets (5+ years) $979
Average Assets, year-to-date $187,122
Average Assets, quarterly $37,638
Volatile liabilities $194,522
Insider loans $200,619
FHLB advances $111,965
Loans and leases held for sale $198,037
Unused loan commitments $3,715
Tier 1 (core) risk-based capital $1,454
Tier 2 risk-based capital $27,700
Total risk weighted assets $0
Total unused commitments $2,261
Restructured Loans and leases $11,011
Derivatives$1,390
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,563
Total interest expense $984
Net interest income $7,579
Provision for loan and lease losses $227
Total noninterest income $1,809
Fiduciary activities $0
Service charges on deposit accounts $1,064
Trading account gains & fees $0
Additional noninterest income $745
Total noninterest expense $6,343
Salaries and employee benefits $3,696
Premises and equipment expense $700
Additional noninterest expense $1,947
Pre-tax net operating income $2,818
Securities gains (losses) $21
Applicable income taxes $884
Income before extraordinary items $1,955
Extraordinary gains - net $0
Net income attributable to bank $1,955
Net charge-offs $0
Cash dividends $1,955
Sale, conversion, retirement of capital stock, net $182
Net operating income $719
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.78%
Cost of funding earning assets 0.55%
Net interest margin 4.23%
Noninterest income to earning assets 1.01%
Noninterest expense to earning assets 3.54%
Net operating income to assets 1.00%
Return on assets (ROA) 1.01%
Pretax return on assets 1.46%
Return on equity (ROE) 6.93%
Retained earnings to average equity (YTD only) 4.38%
Net charge-offs to loans 0.16%
Credit loss provision to net charge-offs 124.73%
Efficiency ratio16.73%
Assets per employee$67,565
Cash dividends to net income (YTD only)3.37%
Condition Ratios (%)
Loss allowance to loans 36.78%
Loss allowance to noncurrent loans 1.27%
Noncurrent assets plus other real estate owned to assets 126.07%
Noncurrent loans to loans 0.93%
Net loans and leases to deposits1.01%
Net loans and leases to core deposits 68.81%
Equity capital to assets 73.82%
Core capital (leverage) ratio 14.04%
Tier 1 risk-based capital ratio 13.99%
Total risk-based capital ratio 24.74%
Memoranda
Average assets$26
Average earning assets$194,522
Average equity $28,213
Average loans $179,318
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5 South Carolina Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09945The Bank Of Clarendon106 South Brooks Street, Manning, SC 29102July 01, 1939Full Service Brick and Mortar
2234931Santee BranchU.S. Highway 301 And S.C. Highway 6, Santee, SC 29142September 30, 1985Full Service Brick and Mortar
3234932South Dukes Branch11 South Dukes Street, Summerton, SC 29148December 30, 1985Full Service Brick and Mortar
5468336Wyboo Banking Office2609 Players Course Drive, Manning, SC 29102September 14, 2007Full Service Brick and Mortar
6527858Sumter Branch235 West Wesmark Boulevard, Sumter, SC 29150January 17, 2012Full Service Brick and Mortar
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