Bank of Columbia, National Association in city_name, state_name

Bank of Columbia, National Association in Columbia, South Carolina (SC)
Show street view No street view available for this location

Bank of Columbia, National Association - Overview

General
FDIC Certificate #: 27302
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Anchor Bank (#21758)
Federal Reserve ID: 1211362
Date Established: July 12, 1988
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 13405
FDIC's unique #: 39451
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: July 12, 1988
Last Structure Change Effective Date: October 17, 1998
Last Structure Change Process Date: Febuary 10, 1999
Last Data Update: Febuary 10, 1999
Data Source Date: April 05, 2012
Location
Address: 1350 Main Street, Columbia, SC 29201
County: Richland
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): Columbia, SC (#1760)
Combined Statistical Area (CSA): Columbia-Newberry, SC (#192)
Core Based Statistical Area (CBSA): Columbia, SC (#17900)
CBSA Metro Statistical Area: Columbia, SC (#17900)
Financial Summary
Total assets: $114.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
28Total employees (full-time equivalent)
$107,576Total assets
$5,042Cash and due from depository institutions
$0Interest-bearing balances
$25,637Securities
$6,820Federal funds sold & reverse repurchase agreements
$68,476Net loans & leases
$855Loan loss allowance
$0Trading account assets
$648Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$953All other assets
$107,576Total liabilities and capital
$101,202Total liabilities
$95,223Total deposits
$67,254Interest-bearing deposits
$95,223Deposits held in domestic offices
0.00%% insured (estimated)
$5,112Federal funds purchased & repurchase agreements
$0Trading liabilities
$343Other borrowed funds
$0Subordinated debt
$524All other liabilities
$6,374Total equity capital
$6,374Total bank equity capital
$6,374Perpetual preferred stock
$0Common stock
$550Surplus
$4,950Undivided profits
Memoranda
$874Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$52Earning assets
$0Long-term assets (5+ years)
$446Average Assets, year-to-date
$100,933Average Assets, quarterly
$1,327Volatile liabilities
$91,809Insider loans
$102,185FHLB advances
$22,171Loans and leases held for sale
$1,054Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,568Total unused commitments
$0Restructured Loans and leases
$67,940Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$7,405Total interest income
$3,283Total interest expense
$4,122Net interest income
$96Provision for loan and lease losses
$630Total noninterest income
$0Fiduciary activities
$273Service charges on deposit accounts
$0Trading account gains & fees
$357Additional noninterest income
$2,649Total noninterest expense
$1,137Salaries and employee benefits
$345Premises and equipment expense
$1,167Additional noninterest expense
$2,007Pre-tax net operating income
$0Securities gains (losses)
$743Applicable income taxes
$1,264Income before extraordinary items
$0Extraordinary gains - net
$1,264Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$212Sale, conversion, retirement of capital stock, net
$149Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.74%Yield on earning assets
3.88%Cost of funding earning assets
4.87%Net interest margin
0.74%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
1.38%Net operating income to assets
1.38%Return on assets (ROA)
2.19%Pretax return on assets
21.76%Return on equity (ROE)
19.19%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
45.28%Credit loss provision to net charge-offs
9.92%Efficiency ratio
55,745Assets per employee
3.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.79%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
1644.23%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.08%Net loans and leases to deposits
71.91%Net loans and leases to core deposits
87.22%Equity capital to assets
5.93%Core capital (leverage) ratio
6.42%Tier 1 risk-based capital ratio
9.37%Total risk-based capital ratio
Memoranda
$11Average assets
$91,809Average earning assets
$5,810Average equity
$84,719Average loans

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

Bank of Columbia, National Association - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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

Bank of Columbia, National Association - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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