Enterprise Bank of South Carolina

Enterprise Bank of South Carolina is headquartered in Ehrhardt and is the 23^rd largest bank in the state of South Carolina. It is also the 1,607^th largest bank in the nation. It was established in 1920 and as of September of 2011, it had grown to 120 employees at 12 locations. Enterprise Bank of South Carolina has a 2-star health rating.

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Data for Q3 2011

Institution Statistics Enterprise Bank of South Carolina FDIC Certificate # 11539 BankRate Report View Year Established 1920 Employees 120 Primary Regulator FDIC Assets and Liabilities Assets $409.49 million Loans $284.98 million Deposits $350.54 million Equity Capital $58.40 million Loan Loss Allowance $6.81 million Unbacked Noncurrent Loans $47.04 million Real Estate Owned $18.56 million Historic Data - September 2010 Assets $462.68 million Equity Capital $77.26 million Loan Loss Allowance $6.18 million Unbacked Noncurrent Loans $25.53 million Real Estate Owned $30.62 million Profit Margin - Quarterly Net Interest Margin 3.53% Return on Assets -3.76% Return on Equity -24.86% Interest Income $13.42 million

Institution Health Overall Score: 2 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 September 30, 2011 Enterprise Bank of South Carolina had $65.59 million in non-current loans and owned real-estate with $65.21 million in equity and loan loss allowances on hand to cover it. This gives Enterprise Bank of South Carolina a Texas Ratio of 100.59% 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 Enterprise Bank of South Carolina increased slightly from 67.29% as of September 30, 2010 to 100.59% as of September 30, 2011, resulting in a negative change of 49.49%. This indicates that the balance sheet and financial strength for Enterprise Bank of South Carolina has declined slightly in recent periods. Deposit Growth In the past year, Enterprise Bank of South Carolina has decreased its total deposits by -$29.22 million, resulting in -7.69% 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 Enterprise Bank of South Carolina 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. Enterprise Bank of South Carolina has $409.49 million in assets with $65.21 million in equity, resulting in a capitalization level of 15.92%, which is excellent.

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