Allendale County Bank

Allendale County Bank is headquartered in Fairfax and is the 71^st largest bank in the state of South Carolina. It is also the 6,242^nd largest bank in the nation. It was established in 1933 and as of December of 2011, it had grown to 22 employees at 5 locations. Allendale County Bank has a 3-star health rating.

Allendale County Bank Routing Number: 053206877

Data for Q4 2011

Institution Statistics Allendale County Bank FDIC Certificate # 15062 BankRate Report View Year Established 1933 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $54.30 million Loans $25.04 million Deposits $50.65 million Equity Capital $3.51 million Loan Loss Allowance $601,000 Unbacked Noncurrent Loans $285,000 Real Estate Owned $58,000 Historic Data - December 2010 Assets $55.38 million Equity Capital $3.50 million Loan Loss Allowance $580,000 Unbacked Noncurrent Loans $62,000 Profit Margin - Quarterly Net Interest Margin 4.61% Return on Assets 0.02% Return on Equity 0.37% Interest Income $2.79 million

Institution Health Overall Score: 3 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 Allendale County Bank had $343,000 in non-current loans and owned real-estate with $4.11 million in equity and loan loss allowances on hand to cover it. This gives Allendale County Bank a Texas Ratio of 8.34% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Allendale County Bank increased slightly from 1.52% as of December 31, 2010 to 8.34% as of December 31, 2011, resulting in a negative change of 448.65%. This indicates that the balance sheet and financial strength for Allendale County Bank has declined slightly in recent periods. Deposit Growth In the past year, Allendale County Bank has decreased its total deposits by -$1.08 million, resulting in -2.1% 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 Allendale County Bank has shown is below average. 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. Allendale County Bank has $54.3 million in assets with $4.11 million in equity, resulting in a capitalization level of 7.57%, which is below average.

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