Clover Community Bank

Clover Community Bank is headquartered in Clover and is the 50^th largest bank in the state of South Carolina. It is also the 4,365^th largest bank in the nation. It was established in 1987 and as of March of 2012, it had grown to 30 employees at 2 locations. Clover Community Bank has a 3-star health rating.

Clover Community Bank Routing Number: 053201953

Data for Q1 2012

Institution Statistics Clover Community Bank FDIC Certificate # 27055 BankRate Report View Year Established 1987 Employees 30 Primary Regulator FDIC Assets and Liabilities Assets $124.22 million Loans $67.20 million Deposits $113.30 million Equity Capital $10.40 million Loan Loss Allowance $3.16 million Unbacked Noncurrent Loans $2.53 million Real Estate Owned $2.42 million Historic Data - March 2011 Assets $131.32 million Equity Capital $8.92 million Loan Loss Allowance $3.21 million Unbacked Noncurrent Loans $4.86 million Real Estate Owned $3.86 million Profit Margin - Quarterly Net Interest Margin 4.42% Return on Assets 1.04% Return on Equity 12.46% Interest Income $1.36 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 March 31, 2012 Clover Community Bank had $4.96 million in non-current loans and owned real-estate with $13.56 million in equity and loan loss allowances on hand to cover it. This gives Clover Community Bank a Texas Ratio of 36.55% 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 Clover Community Bank decreased significantly from 71.79% as of March 31, 2011 to 36.55% as of March 31, 2012, resulting in a positive change of 49.08%.This indicates that the balance sheet and financial strength for Clover Community Bank has improved significantly in recent periods. Deposit Growth In the past year, Clover Community Bank has decreased its total deposits by -$8.5 million, resulting in -6.98% 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 Clover Community 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. Clover Community Bank has $124.22 million in assets with $13.56 million in equity, resulting in a capitalization level of 10.91%, which is above average.

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