Kingstree Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29486 Status: Active Federal Reserve ID: 440978 Date Established: January 01, 1926 Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3534 FDIC's unique #: 42320 Numeric code: 37 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: July 29, 1936 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 101 East Mill 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
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $32.8 mil Equity capital: $4.5 mil Deposits held in domestic offices: $28.3 mil Return on assets (ROA): 0.24% ($0.1 mil) Quarterly return on assets: 0.31% ($0.1 mil) Return on Equity (ROE): 1.63% ($0.1 mil) Quarterly return on equity: 2.22% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.26% ($85.3 mil) Quarterly Pretax return on assets: 0.35% ($114.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$32,825Total assets
$5,303Cash and due from depository institutions
$4,679Interest-bearing balances
$3,572Securities
$1,615Federal funds sold & reverse repurchase agreements
$20,737Net loans & leases
$178Loan loss allowance
$0Trading account assets
$143Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$32,825Life insurance assets
$1,455All other assets
$28,314Total liabilities and capital
$28,262Total liabilities
$28,223Total deposits
$28,262Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$52Subordinated debt
$4,511All other liabilities
$4,511Total equity capital
$4,511Total bank equity capital
$0Perpetual preferred stock
$10Common stock
$90Surplus
$4,411Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$482Income earned, not collected on loans
$0Earning assets
$120Long-term assets (5+ years)
$30,603Average Assets, year-to-date
$0Average Assets, quarterly
$30,207Volatile liabilities
$31,946Insider loans
$14,747FHLB advances
$32,823Loans and leases held for sale
$1,215Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,509Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,776Restructured Loans and leases
$427Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,188Total interest income
$389Total interest expense
$799Net interest income
$81Provision for loan and lease losses
$65Total noninterest income
$0Fiduciary activities
$2Service charges on deposit accounts
$0Trading account gains & fees
$63Additional noninterest income
$703Total noninterest expense
$357Salaries and employee benefits
$144Premises and equipment expense
$202Additional noninterest expense
$80Pre-tax net operating income
$0Securities gains (losses)
$7Applicable income taxes
$73Income before extraordinary items
$0Extraordinary gains - net
$73Net income attributable to bank
$0Net charge-offs
$73Cash dividends
-$34Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.26%Yield on earning assets
1.40%Cost of funding earning assets
2.87%Net interest margin
0.23%Noninterest income to earning assets
2.52%Noninterest expense to earning assets
0.24%Net operating income to assets
0.24%Return on assets (ROA)
0.26%Pretax return on assets
1.63%Return on equity (ROE)
1.63%Retained earnings to average equity (YTD only)
-0.17%Net charge-offs to loans
-238.24%Credit loss provision to net charge-offs
0.00%Efficiency ratio
81,366Assets per employee
5.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
36.93%Noncurrent assets plus other real estate owned to assets
1.47%Noncurrent loans to loans
2.30%Net loans and leases to deposits
73.37%Net loans and leases to core deposits
76.10%Equity capital to assets
13.74%Core capital (leverage) ratio
13.74%Tier 1 risk-based capital ratio
30.58%Total risk-based capital ratio
Memoranda
$32Average assets
$30,207Average earning assets
$4,490Average equity
$27,874Average loans
List of branches
1 South Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42320
Kingstree Federal Savings And Loan A
101 East Mill Street, Kingstree, SC 29556
January 01, 1926
Full Service Brick and Mortar
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