- bankencyclopedia.com
- Banks in South Carolina (SC)
- The Lexington State Bank
The Lexington State Bank in Lexington, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of November 11, 1995
- The Lexington State Bank in Lexington, South Carolina (SC)
-
Show street view
No street view available for this location
The Lexington State Bank - Overview
- General
- FDIC Certificate #: 19560
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company of South Carolina (#21098)
Federal Reserve ID: 62222
Date Established: March 10, 1966
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 18 (Interstate: No)
OTS Docket #: 10494
FDIC's unique #: 13360
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: March 10, 1966
Last Structure Change Effective Date: November 11, 1995
Last Structure Change Process Date: January 11, 1996
Last Data Update: January 11, 1996
Data Source Date: April 05, 2012 - Location
- Address: 309 Columbia Avenue, Lexington, SC 29072
County: Lexington
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): Columbia, SC (#1760)
Combined Statistical Area (CSA): Columbia-Newberry, SC (#192)
Core Based Statistical Area (CBSA): Columbia, SC (#17900)
CBSA Metro Statistical Area: Columbia, SC (#17900) - Financial Summary
- Total assets: $566.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1994)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $305Total assets
- $588,110Cash and due from depository institutions
- $36,195Interest-bearing balances
- $86Securities
- $178,335Federal funds sold & reverse repurchase agreements
- $15,000Net loans & leases
- $331,041Loan loss allowance
- $4,135Trading account assets
- $3,346Bank premises and fixed assets
- $11,745Other real estate owned
- $781Goodwill and other intangibles
- $11,609Life insurance assets
- $58All other assets
- $0Total liabilities and capital
- $588,110Total liabilities
- $541,981Total deposits
- $463,193Interest-bearing deposits
- $392,729Deposits held in domestic offices
- 463193.00%% insured (estimated)
- $92Federal funds purchased & repurchase agreements
- $69,840Trading liabilities
- $0Other borrowed funds
- $4,714Subordinated debt
- $0All other liabilities
- $4,234Total equity capital
- $4,234Total bank equity capital
- $46,129Perpetual preferred stock
- $0Common stock
- $3,184Surplus
- $21,044Undivided profits
- Memoranda
- $21,901Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $1,752Income earned, not collected on loans
- $2,270Earning assets
- $527,808Long-term assets (5+ years)
- $105,387Average Assets, year-to-date
- $595,743Average Assets, quarterly
- $582,138Volatile liabilities
- $96,693Insider loans
- $1,637FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $75,518Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $48,913Total risk weighted assets
- $382,181Total unused commitments
- $0Restructured Loans and leases
- $2Derivatives
Income and Expense (December 31, 1994)
- Dollar figures in thousands
- $0Total interest income
- $39,754Total interest expense
- $15,783Net interest income
- $23,971Provision for loan and lease losses
- $2,021Total noninterest income
- $6,866Fiduciary activities
- $442Service charges on deposit accounts
- $3,635Trading account gains & fees
- $140Additional noninterest income
- $2,649Total noninterest expense
- $21,577Salaries and employee benefits
- $11,424Premises and equipment expense
- $2,764Additional noninterest expense
- $7,389Pre-tax net operating income
- $7,239Securities gains (losses)
- -$68Applicable income taxes
- $2,074Income before extraordinary items
- $5,097Extraordinary gains - net
- $0Net income attributable to bank
- $5,097Net charge-offs
- $1,999Cash dividends
- $2,432Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1994)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 7.43%Cost of funding earning assets
- 2.95%Net interest margin
- 4.48%Noninterest income to earning assets
- 1.28%Noninterest expense to earning assets
- 4.03%Net operating income to assets
- 0.86%Return on assets (ROA)
- 0.86%Pretax return on assets
- 1.20%Return on equity (ROE)
- 10.77%Retained earnings to average equity (YTD only)
- 5.63%Net charge-offs to loans
- 0.60%Credit loss provision to net charge-offs
- 101.10%Efficiency ratio
- 69,877Assets per employee
- 1.93%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 47.71%Loss allowance to loans
- 1.23%Loss allowance to noncurrent loans
- 236.02%Noncurrent assets plus other real estate owned to assets
- 0.43%Noncurrent loans to loans
- 0.52%Net loans and leases to deposits
- 71.47%Net loans and leases to core deposits
- 75.69%Equity capital to assets
- 7.84%Core capital (leverage) ratio
- 8.42%Tier 1 risk-based capital ratio
- 12.80%Total risk-based capital ratio
- Memoranda
- $14Average assets
- $595,743Average earning assets
- $47,320Average equity
- $534,874Average loans
- bankencyclopedia.com
- Banks in South Carolina (SC)
- The Lexington State Bank
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Lexington State Bank.
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: