Abbeville Savings and Loan, SSB

Abbeville Savings and Loan, SSB is headquartered in Abbeville and is the 66^th largest bank in the state of South Carolina. It is also the 5,514^st largest bank in the nation. It was established in 1907 and as of December of 2011, it had grown to 15 employees at 1 location. Abbeville Savings and Loan, SSB has a 2-star health rating.

Data for Q4 2011

Institution Statistics Abbeville Savings and Loan, SSB FDIC Certificate # 30619 BankRate Report View Year Established 1907 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $78.97 million Loans $38.48 million Deposits $58.10 million Equity Capital $7.06 million Loan Loss Allowance $1.15 million Unbacked Noncurrent Loans $2.82 million Real Estate Owned $1.42 million Historic Data - December 2010 Assets $82.08 million Equity Capital $7.05 million Loan Loss Allowance $1.90 million Unbacked Noncurrent Loans $3.12 million Real Estate Owned $1.57 million Profit Margin - Quarterly Net Interest Margin 3.41% Return on Assets 0.15% Return on Equity 1.6% Interest Income $3.71 million

Institution Health Overall Score: 2 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Abbeville Savings and Loan, SSB had $4.24 million in non-current loans and owned real-estate with $8.21 million in equity and loan loss allowances on hand to cover it. This gives Abbeville Savings and Loan, SSB a Texas Ratio of 51.61% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Abbeville Savings and Loan, SSB held steady from 52.33% as of December 31, 2010 to 51.61% as of December 31, 2011, resulting in a positive change of 1.38%.This indicates that the balance sheet and financial strength for Abbeville Savings and Loan, SSB has held steady in recent periods. Deposit Growth In the past year, Abbeville Savings and Loan, SSB has decreased its total deposits by -$3.83 million, resulting in -6.19% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Abbeville Savings and Loan, SSB has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Abbeville Savings and Loan, SSB has $78.97 million in assets with $8.21 million in equity, resulting in a capitalization level of 10.40%, which is above average.

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