Arthur State Bank

100 East Main Street
Union, SC 29379
(864) 427-1213
www.arthurstatebank.com

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Arthur State Bank is headquartered in Union and is the 12^st largest bank in the state of South Carolina. It is also the 1,185^th largest bank in the nation. It was established in 1933 and as of December of 2011, it had grown to 168 employees at 21 locations. Arthur State Bank has a 1-star health rating.

Arthur State Bank Routing Number: 053201034

Competitive Long-Term CD Rates at Arthur State Bank in South Carolina - Local Only - 11/16/2010

Arthur State Bank is offering four competitive rates on its long-term CDs. These include a 2.75% APY 5-year CD, a 2.60% APY 4-year CD, a 2.25% APY 3-year CD and a 2.00% APY 2-year CD. Minimum deposit ...

5.50% 48-Month CD at a South Carolina Bank Continues (Arthur State) - 11/7/2007

Arthur State Bank is still offering a 5.50% APY 48-month certificate of deposit. The minimum deposit is $500. They also have a 14-month CD special with a yield of 4.76% APY. Since the rate table had a September date and this 5.50% CD has been listed...

5.50% 48-Month CD at a South Carolina Bank (Arthur State Bank) - 2/28/2007

Arthur State Bank is offering a 5.50% APY 48-month certificate of deposit. The minimum deposit is $500 (See rates table).It appears that they require a branch visit to open accounts. Branches are located in several South Carolina cities including Union...

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See Rates for: Checking | Savings | CD | IRA

Arthur State Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	$500	-	Money Market Checking
0.10%	$500	-	Super Now Checking
0.10%	$500	-	Senior's Checking

Arthur State Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	$100	-	Health Savings Account
0.15%	$50	-	Passbook Savings

Arthur State Bank CD Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month CD
1.15%	$500	-	48 Month CD
0.95%	$500	-	36 Month CD
0.75%	$500	-	24 Month CD
0.60%	$500	-	18 Month CD
0.45%	$500	-	15 Month CD
0.40%	$500	-	12 Month CD
0.25%	$500	-	6 Month CD
0.20%	$500	-	3 Month CD

Arthur State Bank IRA Rates

Apy	Min	Max	Product
0.65%	-	-	18 Month Fixed IRA
0.65%	-	-	18 Month Variable IRA

Rates updated: 5/22/2012

Data for Q4 2011

Institution Statistics

Arthur State Bank
FDIC Certificate #	15085
BankRate Report	View
Year Established	1933
Employees	168
Primary Regulator	FDIC
Assets and Liabilities
Assets	$565.11 million
Loans	$383.51 million
Deposits	$483.36 million
Equity Capital	$27.12 million
Loan Loss Allowance	$11.93 million
Unbacked Noncurrent Loans	$15.96 million
Real Estate Owned	$25.26 million
Historic Data - December 2010
Assets	$634.63 million
Equity Capital	$41.67 million
Loan Loss Allowance	$11.01 million
Unbacked Noncurrent Loans	$19.75 million
Real Estate Owned	$22.40 million
Profit Margin - Quarterly
Net Interest Margin	3.57%
Return on Assets	-2.36%
Return on Equity	-41.4%
Interest Income	$25.41 million

Institution Health

Overall Score:

1 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 Arthur State Bank had $41.22 million in non-current loans and owned real-estate with $39.04 million in equity and loan loss allowances on hand to cover it. This gives Arthur State Bank a Texas Ratio of 105.56% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Arthur State Bank increased slightly from 80.01% as of December 31, 2010 to 105.56% as of December 31, 2011, resulting in a negative change of 31.93%. This indicates that the balance sheet and financial strength for Arthur State Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Arthur State Bank has decreased its total deposits by -$48.61 million, resulting in -9.14% 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 Arthur State Bank 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. Arthur State Bank has $565.11 million in assets with $39.04 million in equity, resulting in a capitalization level of 6.91%, which is below average.

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Arthur State Bank

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