FDIC Certificate #: 58157 Status: Active Federal Reserve ID: 3387159 Bank Holding Company (Regulatory Top Holder): Bankgreenville Financial Corporation (RSSDID: 3387168, Location: Greenville, SC) Date Established: January 30, 2006 WWW:http://www.bankgreenville.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 440819 Numeric code: 21 Regulator: FDIC 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: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 30, 2006 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: 499 Woodruff Road, Greenville, SC 29607 County: Greenville 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: $120.6 mil Equity capital: $10.2 mil Deposits held in domestic offices: $100.7 mil Return on assets (ROA): -0.06% (-$0.1 mil) Quarterly return on assets: -0.39% (-$0.5 mil) Return on Equity (ROE): -0.71% (-$0.1 mil) Quarterly return on equity: -4.56% (-$0.5 mil) Net income: -$0.1 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.06% (-$72.3 mil) Quarterly Pretax return on assets: -0.41% (-$494.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$120,558Total assets
$22,785Cash and due from depository institutions
$20,772Interest-bearing balances
$32,414Securities
$1,153Federal funds sold & reverse repurchase agreements
$58,958Net loans & leases
$994Loan loss allowance
$0Trading account assets
$2,549Bank premises and fixed assets
$1,330Other real estate owned
$70Goodwill and other intangibles
$120,558Life insurance assets
$1,299All other assets
$110,315Total liabilities and capital
$100,743Total liabilities
$97,086Total deposits
$100,743Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,900Trading liabilities
$0Other borrowed funds
$672Subordinated debt
$10,243All other liabilities
$10,243Total equity capital
$10,243Total bank equity capital
$0Perpetual preferred stock
$6,085Common stock
$6,085Surplus
$-1,927Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,942Income earned, not collected on loans
$0Earning assets
$398Long-term assets (5+ years)
$113,297Average Assets, year-to-date
$24,186Average Assets, quarterly
$118,034Volatile liabilities
$120,635Insider loans
$66,656FHLB advances
$122,019Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,127Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,372Restructured Loans and leases
$1,611Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,312Total interest income
$1,775Total interest expense
$2,537Net interest income
$705Provision for loan and lease losses
$168Total noninterest income
$0Fiduciary activities
$34Service charges on deposit accounts
$0Trading account gains & fees
$134Additional noninterest income
$2,727Total noninterest expense
$1,126Salaries and employee benefits
$189Premises and equipment expense
$1,412Additional noninterest expense
-$727Pre-tax net operating income
$655Securities gains (losses)
$0Applicable income taxes
-$72Income before extraordinary items
$0Extraordinary gains - net
-$72Net income attributable to bank
$0Net charge-offs
-$72Cash dividends
$577Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.92%Yield on earning assets
1.61%Cost of funding earning assets
2.30%Net interest margin
0.15%Noninterest income to earning assets
2.48%Noninterest expense to earning assets
-0.62%Net operating income to assets
-0.06%Return on assets (ROA)
-0.06%Pretax return on assets
-0.71%Return on equity (ROE)
-0.71%Retained earnings to average equity (YTD only)
0.97%Net charge-offs to loans
122.18%Credit loss provision to net charge-offs
-0.04%Efficiency ratio
100,813Assets per employee
8.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
33.79%Noncurrent assets plus other real estate owned to assets
3.54%Noncurrent loans to loans
4.91%Net loans and leases to deposits
58.52%Net loans and leases to core deposits
68.60%Equity capital to assets
8.50%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
15.19%Total risk-based capital ratio
Memoranda
$16Average assets
$118,034Average earning assets
$10,161Average equity
$110,074Average loans
List of branches
1 South Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
440819
Bankgreenville
499 Woodruff Road, Greenville, SC 29607
January 30, 2006
Full Service Brick and Mortar
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