Peoples Federal Savings and Loan Association of South Carolina
Peoples Federal Savings and Loan Association of South Carolina in Conway, South Carolina (SC) Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of August 30, 2002
Peoples Federal Savings and Loan Association of South Carolina in Conway, South Carolina (SC)
Peoples Federal Savings and Loan Association of South Carolina - Overview
General
FDIC Certificate #: 30435 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Savings and Loan Association of Charleston (#28994) Federal Reserve ID: 577771 Date Established: January 01, 1914 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5333 FDIC's unique #: 43269 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: December 12, 1949 Last Structure Change Effective Date: August 30, 2002 Last Structure Change Process Date: October 30, 2002 Last Data Update: October 30, 2002 Data Source Date: April 05, 2012
Location
Address: 1601 11th Avenue, Conway, SC 29526 County: Horry 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): Myrtle Beach, SC (#5330) Combined Statistical Area (CSA): Myrtle Beach-Conway-Georgetown, SC (#396) Core Based Statistical Area (CBSA): Myrtle Beach-North Myrtle Beach-Conway, SC (#34820) CBSA Metro Statistical Area: Myrtle Beach-North Myrtle Beach-Conway, SC (#34820)
Financial Summary
Total assets: $651.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
194Total employees (full-time equivalent)
$682,458Total assets
$29,743Cash and due from depository institutions
$3,722Interest-bearing balances
$64,339Securities
$0Federal funds sold & reverse repurchase agreements
$553,513Net loans & leases
$4,186Loan loss allowance
$0Trading account assets
$12,099Bank premises and fixed assets
$2,229Other real estate owned
$2,600Goodwill and other intangibles
$0Life insurance assets
$17,935All other assets
$682,458Total liabilities and capital
$630,361Total liabilities
$423,559Total deposits
$384,484Interest-bearing deposits
$423,559Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$203,000Other borrowed funds
$0Subordinated debt
$3,802All other liabilities
$52,097Total equity capital
$52,097Total bank equity capital
$52,097Perpetual preferred stock
$0Common stock
$10Surplus
$23,277Undivided profits
Memoranda
$28,810Noncurrent loans and leases
$62,661Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,090Earning assets
$0Long-term assets (5+ years)
$3,383Average Assets, year-to-date
$621,574Average Assets, quarterly
$0Volatile liabilities
$710,607Insider loans
$697,428FHLB advances
$293,368Loans and leases held for sale
$952Unused loan commitments
$203,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$62,661Total unused commitments
$1,850Restructured Loans and leases
$4,186Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$50,669Total interest income
$30,826Total interest expense
$19,843Net interest income
$2,578Provision for loan and lease losses
$4,584Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$4,584Additional noninterest income
$14,537Total noninterest expense
$7,423Salaries and employee benefits
$3,132Premises and equipment expense
$3,982Additional noninterest expense
$7,312Pre-tax net operating income
$1,332Securities gains (losses)
$3,115Applicable income taxes
$5,529Income before extraordinary items
$0Extraordinary gains - net
$5,529Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,226Sale, conversion, retirement of capital stock, net
$2,900Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
4.71%Cost of funding earning assets
3.03%Net interest margin
0.70%Noninterest income to earning assets
2.22%Noninterest expense to earning assets
0.66%Net operating income to assets
0.78%Return on assets (ROA)
1.22%Pretax return on assets
10.72%Return on equity (ROE)
5.10%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
115.81%Credit loss provision to net charge-offs
4.44%Efficiency ratio
59,512Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.45%Loss allowance to loans
0.75%Loss allowance to noncurrent loans
59.04%Noncurrent assets plus other real estate owned to assets
1.26%Noncurrent loans to loans
1.27%Net loans and leases to deposits
130.68%Net loans and leases to core deposits
166.12%Equity capital to assets
7.63%Core capital (leverage) ratio
7.52%Tier 1 risk-based capital ratio
10.93%Total risk-based capital ratio
Memoranda
$12Average assets
$710,607Average earning assets
$51,569Average equity
$654,189Average loans
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Peoples Federal Savings and Loan Association of South Carolina
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