Standard Federal Savings and Loan Association in Columbia, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 1993

  • Standard Federal Savings and Loan Association in Columbia, South Carolina (SC)
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Standard Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 33478
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: The National Bank of South Carolina (#2111)
    Federal Reserve ID: 802277
    Date Established: August 02, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9386
    FDIC's unique #: 47185
    Numeric code: 38
    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: August 02, 1991
    Last Structure Change Effective Date: September 24, 1993
    Last Structure Change Process Date: October 07, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1339 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)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $155.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $105Total assets
  • $172,914Cash and due from depository institutions
  • $48,622Interest-bearing balances
  • $43,278Securities
  • $1,617Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $100,963Loan loss allowance
  • $13,494Trading account assets
  • $0Bank premises and fixed assets
  • $1,770Other real estate owned
  • $1,435Goodwill and other intangibles
  • $18,507Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $172,914Total liabilities
  • $183,659Total deposits
  • $179,670Interest-bearing deposits
  • $173,395Deposits held in domestic offices
  • 179670.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,989Total equity capital
  • $3,989Total bank equity capital
  • $-10,745Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-10,745Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,599Income earned, not collected on loans
  • $3,559Earning assets
  • $145,858Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $195,239Average Assets, quarterly
  • $174,711Volatile liabilities
  • $5,096Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $874Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-10,745Total risk weighted assets
  • $94,359Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,610Total interest expense
  • $11,615Net interest income
  • $1,995Provision for loan and lease losses
  • $2,176Total noninterest income
  • $9,967Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $9,967Total noninterest expense
  • $13,742Salaries and employee benefits
  • $3,035Premises and equipment expense
  • $2,038Additional noninterest expense
  • $8,669Pre-tax net operating income
  • -$3,956Securities gains (losses)
  • $28Applicable income taxes
  • $0Income before extraordinary items
  • -$3,928Extraordinary gains - net
  • $0Net income attributable to bank
  • -$3,928Net charge-offs
  • $1,806Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 6.83%Net interest margin
  • 1.17%Noninterest income to earning assets
  • 5.86%Noninterest expense to earning assets
  • 8.09%Net operating income to assets
  • -2.03%Return on assets (ROA)
  • -2.01%Pretax return on assets
  • -2.01%Return on equity (ROE)
  • 35.78%Retained earnings to average equity (YTD only)
  • 35.78%Net charge-offs to loans
  • 1.17%Credit loss provision to net charge-offs
  • 120.49%Efficiency ratio
  • 114,880Assets per employee
  • 1.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 11.79%Loss allowance to noncurrent loans
  • 81.29%Noncurrent assets plus other real estate owned to assets
  • 10.43%Noncurrent loans to loans
  • 14.50%Net loans and leases to deposits
  • 56.19%Net loans and leases to core deposits
  • 57.83%Equity capital to assets
  • -6.21%Core capital (leverage) ratio
  • -6.24%Tier 1 risk-based capital ratio
  • -11.39%Total risk-based capital ratio
  • Memoranda
  • -$11Average assets
  • $195,239Average earning assets
  • -$10,977Average equity
  • $169,961Average loans

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