The National Bank of South Carolina in city_name, state_name

The National Bank of South Carolina in Sumter, South Carolina (SC)
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The National Bank of South Carolina - Overview

General
FDIC Certificate #: 2111
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Synovus Bank (#873)
Federal Reserve ID: 580623
Date Established: Febuary 17, 1905
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 47 (Interstate: No)
FDIC's unique #: 1390
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 01, 2010
Last Structure Change Process Date: June 15, 2010
Last Data Update: June 15, 2010
Data Source Date: April 05, 2012
Location
Address: One Broad Street, Sumter, SC 29150
County: Sumter
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): Sumter, SC (#8140)
Core Based Statistical Area (CBSA): Sumter, SC (#44940)
CBSA Metro Statistical Area: Sumter, SC (#44940)
Financial Summary
Total assets: $4,370.1 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, 2009)

Dollar figures in thousands
429Total employees (full-time equivalent)
$4,546,216Total assets
$263,910Cash and due from depository institutions
$202,189Interest-bearing balances
$374,350Securities
$132,360Federal funds sold & reverse repurchase agreements
$3,411,235Net loans & leases
$154,216Loan loss allowance
$12,416Trading account assets
$45,738Bank premises and fixed assets
$32,892Other real estate owned
$0Goodwill and other intangibles
$52,083Life insurance assets
$273,315All other assets
$4,546,216Total liabilities and capital
$4,135,566Total liabilities
$4,035,279Total deposits
$3,514,650Interest-bearing deposits
$4,035,279Deposits held in domestic offices
67.20%% insured (estimated)
$31,256Federal funds purchased & repurchase agreements
$12,549Trading liabilities
$40,885Other borrowed funds
$0Subordinated debt
$15,597All other liabilities
$410,650Total equity capital
$410,650Total bank equity capital
$410,650Perpetual preferred stock
$0Common stock
$4,650Surplus
$309,743Undivided profits
Memoranda
$96,257Noncurrent loans and leases
$636,252Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$296,110Earning assets
$0Long-term assets (5+ years)
$17,935Average Assets, year-to-date
$4,120,134Average Assets, quarterly
$396,221Volatile liabilities
$4,797,375Insider loans
$4,627,381FHLB advances
$682,504Loans and leases held for sale
$101,810Unused loan commitments
$40,000Tier 1 (core) risk-based capital
$449,560Tier 2 risk-based capital
$25,664Total risk weighted assets
$636,252Total unused commitments
$103,865Restructured Loans and leases
$50,260Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$201,743Total interest income
$67,126Total interest expense
$134,617Net interest income
$347,273Provision for loan and lease losses
$4,960Total noninterest income
$4Fiduciary activities
$10,512Service charges on deposit accounts
$75Trading account gains & fees
-$5,631Additional noninterest income
$89,661Total noninterest expense
$29,682Salaries and employee benefits
$10,373Premises and equipment expense
$49,606Additional noninterest expense
-$297,357Pre-tax net operating income
$2,422Securities gains (losses)
-$61,148Applicable income taxes
-$233,787Income before extraordinary items
$0Extraordinary gains - net
-$233,787Net income attributable to bank
$0Net charge-offs
-$233,787Cash dividends
$276,186Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.58%Yield on earning assets
1.52%Cost of funding earning assets
3.06%Net interest margin
0.11%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
-4.91%Net operating income to assets
-4.87%Return on assets (ROA)
-6.15%Pretax return on assets
-54.63%Return on equity (ROE)
-54.63%Retained earnings to average equity (YTD only)
7.04%Net charge-offs to loans
125.74%Credit loss provision to net charge-offs
0.18%Efficiency ratio
61,214Assets per employee
10.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.33%Loss allowance to noncurrent loans
52.08%Noncurrent assets plus other real estate owned to assets
7.24%Noncurrent loans to loans
8.30%Net loans and leases to deposits
84.54%Net loans and leases to core deposits
100.43%Equity capital to assets
9.03%Core capital (leverage) ratio
8.80%Tier 1 risk-based capital ratio
10.22%Total risk-based capital ratio
Memoranda
$12Average assets
$4,797,375Average earning assets
$427,912Average equity
$4,406,335Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$713Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
9Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$713Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

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

The National Bank of South Carolina - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

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

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

The National Bank of South Carolina - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

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

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