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

This bank is inactive as of June 01, 2010

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

The National Bank of South Carolina - Overview

  • General
  • FDIC Certificate #: 2111
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Synovus Bank (#873)
    Federal Reserve ID: 580623
    Date Established: Febuary 17, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 47 (Interstate: No)
    FDIC's unique #: 1390
    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: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 15, 2010
    Last Data Update: June 15, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: One Broad Street, 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: $4,370.1 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, 2009)

  • Dollar figures in thousands
  • 429Total employees (full-time equivalent)
  • $4,546,216Total assets
  • $263,910Cash and due from depository institutions
  • $202,189Interest-bearing balances
  • $374,350Securities
  • $132,360Federal funds sold & reverse repurchase agreements
  • $3,411,235Net loans & leases
  • $154,216Loan loss allowance
  • $12,416Trading account assets
  • $45,738Bank premises and fixed assets
  • $32,892Other real estate owned
  • $0Goodwill and other intangibles
  • $52,083Life insurance assets
  • $273,315All other assets
  • $4,546,216Total liabilities and capital
  • $4,135,566Total liabilities
  • $4,035,279Total deposits
  • $3,514,650Interest-bearing deposits
  • $4,035,279Deposits held in domestic offices
  • 67.20%% insured (estimated)
  • $31,256Federal funds purchased & repurchase agreements
  • $12,549Trading liabilities
  • $40,885Other borrowed funds
  • $0Subordinated debt
  • $15,597All other liabilities
  • $410,650Total equity capital
  • $410,650Total bank equity capital
  • $410,650Perpetual preferred stock
  • $0Common stock
  • $4,650Surplus
  • $309,743Undivided profits
  • Memoranda
  • $96,257Noncurrent loans and leases
  • $636,252Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $296,110Earning assets
  • $0Long-term assets (5+ years)
  • $17,935Average Assets, year-to-date
  • $4,120,134Average Assets, quarterly
  • $396,221Volatile liabilities
  • $4,797,375Insider loans
  • $4,627,381FHLB advances
  • $682,504Loans and leases held for sale
  • $101,810Unused loan commitments
  • $40,000Tier 1 (core) risk-based capital
  • $449,560Tier 2 risk-based capital
  • $25,664Total risk weighted assets
  • $636,252Total unused commitments
  • $103,865Restructured Loans and leases
  • $50,260Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $201,743Total interest income
  • $67,126Total interest expense
  • $134,617Net interest income
  • $347,273Provision for loan and lease losses
  • $4,960Total noninterest income
  • $4Fiduciary activities
  • $10,512Service charges on deposit accounts
  • $75Trading account gains & fees
  • -$5,631Additional noninterest income
  • $89,661Total noninterest expense
  • $29,682Salaries and employee benefits
  • $10,373Premises and equipment expense
  • $49,606Additional noninterest expense
  • -$297,357Pre-tax net operating income
  • $2,422Securities gains (losses)
  • -$61,148Applicable income taxes
  • -$233,787Income before extraordinary items
  • $0Extraordinary gains - net
  • -$233,787Net income attributable to bank
  • $0Net charge-offs
  • -$233,787Cash dividends
  • $276,186Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.58%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 3.06%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 2.03%Noninterest expense to earning assets
  • -4.91%Net operating income to assets
  • -4.87%Return on assets (ROA)
  • -6.15%Pretax return on assets
  • -54.63%Return on equity (ROE)
  • -54.63%Retained earnings to average equity (YTD only)
  • 7.04%Net charge-offs to loans
  • 125.74%Credit loss provision to net charge-offs
  • 0.18%Efficiency ratio
  • 61,214Assets per employee
  • 10.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.33%Loss allowance to noncurrent loans
  • 52.08%Noncurrent assets plus other real estate owned to assets
  • 7.24%Noncurrent loans to loans
  • 8.30%Net loans and leases to deposits
  • 84.54%Net loans and leases to core deposits
  • 100.43%Equity capital to assets
  • 9.03%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 10.22%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $4,797,375Average earning assets
  • $427,912Average equity
  • $4,406,335Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $713Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 9Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $713Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The 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.
Table of Contents