United Carolina Bank of South Carolina in Greer, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 19, 1997

  • United Carolina Bank of South Carolina in Greer, South Carolina (SC)
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United Carolina Bank of South Carolina - Overview

  • General
  • FDIC Certificate #: 9156
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company of South Carolina (#21098)
    Federal Reserve ID: 337920
    Date Established: June 01, 1933
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 16 (Interstate: No)
    OTS Docket #: 12236
    FDIC's unique #: 5860
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 19, 1997
    Last Structure Change Process Date: November 03, 1997
    Last Data Update: November 03, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Memorial Drive Extention, Greer, SC 29651
    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)
  • Financial Summary
  • Total assets: $382.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $119Total assets
  • $386,870Cash and due from depository institutions
  • $8,017Interest-bearing balances
  • $8Securities
  • $104,632Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $261,441Loan loss allowance
  • $3,926Trading account assets
  • $0Bank premises and fixed assets
  • $5,977Other real estate owned
  • $55Goodwill and other intangibles
  • $6,748Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $386,870Total liabilities
  • $360,285Total deposits
  • $349,818Interest-bearing deposits
  • $308,456Deposits held in domestic offices
  • 349818.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $5,699Trading liabilities
  • $0Other borrowed funds
  • $1,439Subordinated debt
  • $0All other liabilities
  • $3,329Total equity capital
  • $3,329Total bank equity capital
  • $26,585Perpetual preferred stock
  • $0Common stock
  • $2,019Surplus
  • $20,482Undivided profits
  • Memoranda
  • $4,084Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,010Income earned, not collected on loans
  • $1,829Earning assets
  • $366,081Long-term assets (5+ years)
  • $38,744Average Assets, year-to-date
  • $379,834Average Assets, quarterly
  • $392,786Volatile liabilities
  • $31,690Insider loans
  • $7,896FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $61,387Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $26,425Total risk weighted assets
  • $267,602Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $28,991Total interest expense
  • $14,756Net interest income
  • $14,235Provision for loan and lease losses
  • $1,050Total noninterest income
  • $3,325Fiduciary activities
  • $1,418Service charges on deposit accounts
  • $1,196Trading account gains & fees
  • $0Additional noninterest income
  • $711Total noninterest expense
  • $11,103Salaries and employee benefits
  • $5,155Premises and equipment expense
  • $1,523Additional noninterest expense
  • $4,425Pre-tax net operating income
  • $5,407Securities gains (losses)
  • $4Applicable income taxes
  • $1,722Income before extraordinary items
  • $3,689Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,689Net charge-offs
  • $579Cash dividends
  • $2,033Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.09%Cost of funding earning assets
  • 4.12%Net interest margin
  • 3.97%Noninterest income to earning assets
  • 0.93%Noninterest expense to earning assets
  • 3.10%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 1.42%Return on equity (ROE)
  • 14.25%Retained earnings to average equity (YTD only)
  • 6.40%Net charge-offs to loans
  • 0.24%Credit loss provision to net charge-offs
  • 181.35%Efficiency ratio
  • 63,229Assets per employee
  • 3.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.11%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 195.32%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 74.74%Net loans and leases to core deposits
  • 80.38%Equity capital to assets
  • 6.87%Core capital (leverage) ratio
  • 6.71%Tier 1 risk-based capital ratio
  • 9.87%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $379,834Average earning assets
  • $25,880Average equity
  • $358,222Average loans

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