Aiken County National Bank in Aiken, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 10, 1995

  • Aiken County National Bank in Aiken, South Carolina (SC)
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Aiken County National Bank - Overview

  • General
  • FDIC Certificate #: 27318
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Carolina First Bank (#26849)
    Federal Reserve ID: 1213795
    Date Established: August 05, 1988
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 39562
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: August 05, 1988
    Last Structure Change Effective Date: April 10, 1995
    Last Structure Change Process Date: May 22, 1995
    Last Data Update: May 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 142 Chesterfield Street, S.E., Aiken, SC 29801
    County: Aiken
    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): Augusta-Aiken, GA-SC (#600)
    Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
    CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
  • Financial Summary
  • Total assets: $39.0 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)
  • $28Total assets
  • $41,625Cash and due from depository institutions
  • $2,053Interest-bearing balances
  • $0Securities
  • $4,409Federal funds sold & reverse repurchase agreements
  • $2,630Net loans & leases
  • $29,493Loan loss allowance
  • $402Trading account assets
  • $0Bank premises and fixed assets
  • $1,662Other real estate owned
  • $968Goodwill and other intangibles
  • $410Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $41,625Total liabilities
  • $38,233Total deposits
  • $38,026Interest-bearing deposits
  • $33,293Deposits held in domestic offices
  • 38026.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $207Total equity capital
  • $207Total bank equity capital
  • $3,392Perpetual preferred stock
  • $0Common stock
  • $2,013Surplus
  • $1,985Undivided profits
  • Memoranda
  • $-606Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $803Income earned, not collected on loans
  • $151Earning assets
  • $36,532Long-term assets (5+ years)
  • $313Average Assets, year-to-date
  • $43,582Average Assets, quarterly
  • $42,332Volatile liabilities
  • $3,100Insider loans
  • $1,668FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,870Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,394Total risk weighted assets
  • $32,425Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,058Total interest expense
  • $1,187Net interest income
  • $1,871Provision for loan and lease losses
  • $140Total noninterest income
  • $286Fiduciary activities
  • $0Service charges on deposit accounts
  • $208Trading account gains & fees
  • $0Additional noninterest income
  • $78Total noninterest expense
  • $2,139Salaries and employee benefits
  • $783Premises and equipment expense
  • $292Additional noninterest expense
  • $1,064Pre-tax net operating income
  • -$122Securities gains (losses)
  • -$159Applicable income taxes
  • $0Income before extraordinary items
  • -$281Extraordinary gains - net
  • $0Net income attributable to bank
  • -$281Net charge-offs
  • $358Cash dividends
  • $0Sale, 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
  • 7.92%Cost of funding earning assets
  • 3.07%Net interest margin
  • 4.85%Noninterest income to earning assets
  • 0.74%Noninterest expense to earning assets
  • 5.54%Net operating income to assets
  • -0.28%Return on assets (ROA)
  • -0.64%Pretax return on assets
  • -0.64%Return on equity (ROE)
  • -7.65%Retained earnings to average equity (YTD only)
  • -7.65%Net charge-offs to loans
  • 1.19%Credit loss provision to net charge-offs
  • 39.11%Efficiency ratio
  • 99,166Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 50.06%Noncurrent assets plus other real estate owned to assets
  • 4.25%Noncurrent loans to loans
  • 2.69%Net loans and leases to deposits
  • 77.56%Net loans and leases to core deposits
  • 84.44%Equity capital to assets
  • 8.15%Core capital (leverage) ratio
  • 8.02%Tier 1 risk-based capital ratio
  • 10.47%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $43,582Average earning assets
  • $3,673Average equity
  • $38,612Average loans

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