Bank of Greeleyville

Bank of Greeleyville is headquartered in Greeleyville and is the 67^th largest bank in the state of South Carolina. It is also the 5,610^st largest bank in the nation. It was established in 1935 and as of December of 2011, it had grown to 21 employees at 2 locations. Bank of Greeleyville has a 4-star health rating.

Bank of Greeleyville Routing Number: 053207119

Data for Q4 2011

Institution Statistics Bank of Greeleyville FDIC Certificate # 15113 BankRate Report View Year Established 1935 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $75.58 million Loans $54.35 million Deposits $65.30 million Equity Capital $7.10 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $891,000 Real Estate Owned $260,000 Historic Data - December 2010 Assets $76.22 million Equity Capital $6.52 million Loan Loss Allowance $780,000 Unbacked Noncurrent Loans $1.28 million Real Estate Owned $65,000 Profit Margin - Quarterly Net Interest Margin 4.75% Return on Assets 0.73% Return on Equity 7.93% Interest Income $4.45 million

Institution Health Overall Score: 4 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 Bank of Greeleyville had $1.15 million in non-current loans and owned real-estate with $8.66 million in equity and loan loss allowances on hand to cover it. This gives Bank of Greeleyville a Texas Ratio of 13.28% 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 Bank of Greeleyville decreased slightly from 18.44% as of December 31, 2010 to 13.28% as of December 31, 2011, resulting in a positive change of 27.97%.This indicates that the balance sheet and financial strength for Bank of Greeleyville has improved slightly in recent periods. Deposit Growth In the past year, Bank of Greeleyville has decreased its total deposits by -$1.26 million, resulting in -1.89% 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 Bank of Greeleyville 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. Bank of Greeleyville has $75.58 million in assets with $8.66 million in equity, resulting in a capitalization level of 11.46%, which is above average.

No reviews have been left for this bank yet. Be the first to review.