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

The Peoples National Bank - Overview

  • General
  • FDIC Certificate #: 26753
    Status: Active
    Federal Reserve ID: 698322
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorporation, Inc. (RSSDID: 1974443, Location: Easley, SC)
    Date Established: August 07, 1986
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 10018
    FDIC's unique #: 35869
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 07, 1986
    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
  • Location
  • Address: 1800 East Main Street, Easley, SC 29640
    County: Pickens
    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): Greenville-Spartanburg-Anderson, SC (#3160)
    Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273)
    Core Based Statistical Area (CBSA): Greenville-Mauldin-Easley, SC (#24860)
    CBSA Metro Statistical Area: Greenville-Mauldin-Easley, SC (#24860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $323.9 mil
    Equity capital: $35.3 mil
    Deposits held in domestic offices: $278.8 mil
    Return on assets (ROA): 0.54% ($1.7 mil)
    Quarterly return on assets: 1.06% ($3.4 mil)
    Return on Equity (ROE): 5.24% ($1.8 mil)
    Quarterly return on equity: 9.80% ($3.4 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 0.62% ($2,007.9 mil)
    Quarterly Pretax return on assets: 1.31% ($4,242.5 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
  • 71Total employees (full-time equivalent)
  • $323,856Total assets
  • $4,699Cash and due from depository institutions
  • $1Interest-bearing balances
  • $102,590Securities
  • $8,371Federal funds sold & reverse repurchase agreements
  • $175,341Net loans & leases
  • $4,678Loan loss allowance
  • $80Trading account assets
  • $6,431Bank premises and fixed assets
  • $10,592Other real estate owned
  • $0Goodwill and other intangibles
  • $323,856Life insurance assets
  • $15,752All other assets
  • $288,593Total liabilities and capital
  • $278,813Total liabilities
  • $263,205Total deposits
  • $278,813Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 7214.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,566Subordinated debt
  • $35,263All other liabilities
  • $35,263Total equity capital
  • $35,263Total bank equity capital
  • $0Perpetual preferred stock
  • $6,774Common stock
  • $6,835Surplus
  • $21,654Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,044Income earned, not collected on loans
  • $0Earning assets
  • $1,500Long-term assets (5+ years)
  • $286,383Average Assets, year-to-date
  • $118,360Average Assets, quarterly
  • $322,657Volatile liabilities
  • $321,977Insider loans
  • $203,812FHLB advances
  • $315,585Loans and leases held for sale
  • $8,231Unused loan commitments
  • $5,248Tier 1 (core) risk-based capital
  • $29,926Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,983Total unused commitments
  • $34,749Restructured Loans and leases
  • $9,748Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,928Total interest income
  • $3,085Total interest expense
  • $11,843Net interest income
  • $2,268Provision for loan and lease losses
  • $3,002Total noninterest income
  • $0Fiduciary activities
  • $1,063Service charges on deposit accounts
  • $42Trading account gains & fees
  • $1,897Additional noninterest income
  • $10,889Total noninterest expense
  • $4,972Salaries and employee benefits
  • $957Premises and equipment expense
  • $4,960Additional noninterest expense
  • $1,688Pre-tax net operating income
  • $305Securities gains (losses)
  • $259Applicable income taxes
  • $1,734Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,734Net income attributable to bank
  • $0Net charge-offs
  • $1,734Cash dividends
  • $3,284Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.16%Net interest margin
  • 1.05%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 5.24%Return on equity (ROE)
  • 5.24%Retained earnings to average equity (YTD only)
  • 1.60%Net charge-offs to loans
  • 69.06%Credit loss provision to net charge-offs
  • 1.20%Efficiency ratio
  • 73,351Assets per employee
  • 4.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 77.40%Noncurrent assets plus other real estate owned to assets
  • 5.14%Noncurrent loans to loans
  • 3.36%Net loans and leases to deposits
  • 62.89%Net loans and leases to core deposits
  • 70.95%Equity capital to assets
  • 10.89%Core capital (leverage) ratio
  • 9.48%Tier 1 risk-based capital ratio
  • 14.68%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $322,657Average earning assets
  • $33,078Average equity
  • $284,961Average loans

List of branches

  • 6 South Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035869The Peoples National Bank1800 East Main Street, Easley, SC 29640August 07, 1986Full Service Brick and Mortar
    2260107Powdersville BranchHighway 153 And Hood Road, Powdersville, SC 29673December 16, 1987Full Service Brick and Mortar
    3260108Pickens Branch424 Hampton Avenue, Pickens, SC 29671Febuary 01, 1993Full Service Brick and Mortar
    4260109Rockville Branch1053 South Pendelton Street, Easley, SC 29642November 08, 1999Full Service Brick and Mortar
    6470056Antrim Drive Office Branch45 East Antrim Drive, Greenville, SC 29607October 31, 2007Full Service Brick and Mortar
    7505878Pnb Courier Branch1800 East Main Street, Easley, SC 29640Febuary 03, 2010Limited Service Messenger

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