Bank of York (SC)

Bank of York (SC) is headquartered in York and is the 41^st largest bank in the state of South Carolina. It is also the 3,343^rd largest bank in the nation. It was established in 1935 and as of December of 2011, it had grown to 44 employees at 4 locations. Bank of York (SC)'s savings rates are 100% higher than the national average, and it boasts a 5-star health rating.

Bank of York (SC) Checking Account Rates

Bank of York (SC) Savings Account Rates

Bank of York (SC) Money Market Rates

Bank of York (SC) CD Rates

Data for Q4 2011

Institution Statistics Bank of York FDIC Certificate # 15104 BankRate Report View Year Established 1935 Employees 44 Primary Regulator FDIC Assets and Liabilities Assets $181.87 million Loans $83.90 million Deposits $152.57 million Equity Capital $24.62 million Loan Loss Allowance $1.10 million Unbacked Noncurrent Loans $1.18 million Real Estate Owned $328,000 Historic Data - December 2010 Assets $171.72 million Equity Capital $23.63 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $1.98 million Real Estate Owned $187,000 Profit Margin - Quarterly Net Interest Margin 3.75% Return on Assets 0.77% Return on Equity 5.66% Interest Income $6.95 million

Institution Health Overall Score: 5 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 York (SC) had $1.5 million in non-current loans and owned real-estate with $25.72 million in equity and loan loss allowances on hand to cover it. This gives Bank of York (SC) a Texas Ratio of 5.85% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of York (SC) decreased slightly from 8.79% as of December 31, 2010 to 5.85% as of December 31, 2011, resulting in a positive change of 33.47%.This indicates that the balance sheet and financial strength for Bank of York (SC) has improved slightly in recent periods. Deposit Growth In the past year, Bank of York (SC) has increased its total deposits by $8.38 million, resulting in 5.81% 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 York (SC) has shown is excellent. 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 York (SC) has $181.87 million in assets with $25.72 million in equity, resulting in a capitalization level of 14.14%, which is excellent.

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