Williamsburg First National Bank in Kingstree, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 23, 2010

  • Williamsburg First National Bank in Kingstree, South Carolina (SC)
  • Show street view No street view available for this location

Williamsburg First National Bank - Overview

  • General
  • FDIC Certificate #: 17837
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: First Citizens Bank and Trust Company, Inc. (#15504)
    Federal Reserve ID: 474825
    Date Established: Febuary 01, 1958
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 11784
    FDIC's unique #: 11781
    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: Febuary 01, 1958
    Last Structure Change Effective Date: July 23, 2010
    Last Structure Change Process Date: July 27, 2010
    Last Data Update: July 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 West Main Street, Kingstree, SC 29556
    County: Williamsburg
    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
  • Financial Summary
  • Total assets: $130.4 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
  • 49Total employees (full-time equivalent)
  • $141,066Total assets
  • $15,642Cash and due from depository institutions
  • $10,353Interest-bearing balances
  • $39,956Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $72,911Net loans & leases
  • $5,851Loan loss allowance
  • $0Trading account assets
  • $3,383Bank premises and fixed assets
  • $1,908Other real estate owned
  • $0Goodwill and other intangibles
  • $2,335Life insurance assets
  • $7,266All other assets
  • $141,066Total liabilities and capital
  • $137,230Total liabilities
  • $133,436Total deposits
  • $122,101Interest-bearing deposits
  • $133,436Deposits held in domestic offices
  • 95.03%% insured (estimated)
  • $1,393Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,401All other liabilities
  • $3,836Total equity capital
  • $3,836Total bank equity capital
  • $3,836Perpetual preferred stock
  • $0Common stock
  • $480Surplus
  • $500Undivided profits
  • Memoranda
  • $2,856Noncurrent loans and leases
  • $4,736Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $14,590Earning assets
  • $0Long-term assets (5+ years)
  • $711Average Assets, year-to-date
  • $123,220Average Assets, quarterly
  • $34,139Volatile liabilities
  • $141,227Insider loans
  • $140,432FHLB advances
  • $66,726Loans and leases held for sale
  • $2,848Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,736Total unused commitments
  • $0Restructured Loans and leases
  • $1,120Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $7,108Total interest income
  • $2,830Total interest expense
  • $4,278Net interest income
  • $8,849Provision for loan and lease losses
  • $1,306Total noninterest income
  • $0Fiduciary activities
  • $940Service charges on deposit accounts
  • $0Trading account gains & fees
  • $366Additional noninterest income
  • $6,221Total noninterest expense
  • $2,470Salaries and employee benefits
  • $754Premises and equipment expense
  • $2,997Additional noninterest expense
  • -$9,486Pre-tax net operating income
  • $811Securities gains (losses)
  • -$963Applicable income taxes
  • -$7,712Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,712Net income attributable to bank
  • $0Net charge-offs
  • -$7,712Cash dividends
  • $8,231Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 2.23%Cost of funding earning assets
  • 3.38%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 4.91%Noninterest expense to earning assets
  • -5.97%Net operating income to assets
  • -5.46%Return on assets (ROA)
  • -6.14%Pretax return on assets
  • -72.32%Return on equity (ROE)
  • -72.32%Retained earnings to average equity (YTD only)
  • 9.21%Net charge-offs to loans
  • 107.51%Credit loss provision to net charge-offs
  • -0.08%Efficiency ratio
  • 111,408Assets per employee
  • 2.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.43%Loss allowance to noncurrent loans
  • 40.10%Noncurrent assets plus other real estate owned to assets
  • 11.70%Noncurrent loans to loans
  • 18.52%Net loans and leases to deposits
  • 54.64%Net loans and leases to core deposits
  • 107.06%Equity capital to assets
  • 2.72%Core capital (leverage) ratio
  • 2.73%Tier 1 risk-based capital ratio
  • 4.52%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $141,227Average earning assets
  • $10,664Average equity
  • $126,678Average loans

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

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