FDIC Certificate #: 30619 Status: Active Federal Reserve ID: 416272 Date Established: January 01, 1907 WWW:http://www.abbevillesavings.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 5642 FDIC's unique #: 43453 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: Mortgage Lending Specialization Date of Deposit Insurance: May 11, 1953 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: 209 South Main St, Abbeville, SC 29620 County: Abbeville 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 Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $79.0 mil Equity capital: $7.1 mil Deposits held in domestic offices: $58.1 mil Return on assets (ROA): 0.15% ($0.1 mil) Quarterly return on assets: -1.78% (-$1.4 mil) Return on Equity (ROE): 1.60% ($0.1 mil) Quarterly return on equity: -18.98% (-$1.3 mil) Net income: $0.1 mil Quarterly Net income: -$0.4 mil Pretax return on assets: 0.11% ($86.9 mil) Quarterly Pretax return on assets: -1.92% (-$1,516.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$78,974Total assets
$4,220Cash and due from depository institutions
$3,385Interest-bearing balances
$28,116Securities
$0Federal funds sold & reverse repurchase agreements
$38,483Net loans & leases
$1,146Loan loss allowance
$0Trading account assets
$577Bank premises and fixed assets
$1,417Other real estate owned
$0Goodwill and other intangibles
$78,974Life insurance assets
$6,161All other assets
$71,910Total liabilities and capital
$58,095Total liabilities
$56,370Total deposits
$58,095Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,600Trading liabilities
$0Other borrowed funds
$215Subordinated debt
$7,064All other liabilities
$7,064Total equity capital
$7,064Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$7,064Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,820Income earned, not collected on loans
$0Earning assets
$578Long-term assets (5+ years)
$69,984Average Assets, year-to-date
$43,114Average Assets, quarterly
$80,645Volatile liabilities
$79,839Insider loans
$43,236FHLB advances
$78,170Loans and leases held for sale
$2,959Unused loan commitments
$1,833Tier 1 (core) risk-based capital
$6,324Tier 2 risk-based capital
$1,126Total risk weighted assets
$0Total unused commitments
$2,789Restructured Loans and leases
$533Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,709Total interest income
$1,268Total interest expense
$2,441Net interest income
$480Provision for loan and lease losses
$61Total noninterest income
$0Fiduciary activities
$67Service charges on deposit accounts
$0Trading account gains & fees
-$6Additional noninterest income
$2,135Total noninterest expense
$1,115Salaries and employee benefits
$165Premises and equipment expense
$855Additional noninterest expense
-$113Pre-tax net operating income
$203Securities gains (losses)
-$28Applicable income taxes
$118Income before extraordinary items
$0Extraordinary gains - net
$118Net income attributable to bank
$0Net charge-offs
$118Cash dividends
$1,238Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
1.77%Cost of funding earning assets
3.41%Net interest margin
0.09%Noninterest income to earning assets
2.98%Noninterest expense to earning assets
-0.11%Net operating income to assets
0.15%Return on assets (ROA)
0.11%Pretax return on assets
1.60%Return on equity (ROE)
1.60%Retained earnings to average equity (YTD only)
2.93%Net charge-offs to loans
38.77%Credit loss provision to net charge-offs
0.30%Efficiency ratio
85,332Assets per employee
5.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.89%Loss allowance to noncurrent loans
40.64%Noncurrent assets plus other real estate owned to assets
5.37%Noncurrent loans to loans
7.12%Net loans and leases to deposits
66.24%Net loans and leases to core deposits
69.96%Equity capital to assets
8.94%Core capital (leverage) ratio
8.09%Tier 1 risk-based capital ratio
14.63%Total risk-based capital ratio
Memoranda
$16Average assets
$80,645Average earning assets
$7,381Average equity
$71,583Average loans
List of branches
1 South Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
43453
Abbeville Savings And Loan, Ssb
209 South Main St, Abbeville, SC 29620
January 01, 1907
Full Service Brick and Mortar
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