Mutual Savings Bank (SC)

Mutual Savings Bank (SC) is headquartered in Hartsville and is the 73^rd largest bank in the state of South Carolina. It is also the 6,571^st largest bank in the nation. It was established in 1936 and as of March of 2012, it had grown to 12 employees at 1 location. Mutual Savings Bank (SC) has a 5-star health rating.

Mutual Savings Bank (SC) Checking Account Rates

Mutual Savings Bank (SC) Savings Account Rates

Mutual Savings Bank (SC) Money Market Rates

Mutual Savings Bank (SC) CD Rates

Data for Q1 2012

Institution Statistics Mutual Savings Bank OTS # 04516 FDIC Certificate # 29999 BankRate Report View Year Established 1936 Employees 12 Primary Regulator OCC Assets and Liabilities Assets $42.91 million Loans $23.03 million Deposits $28.55 million Equity Capital $14.25 million Loan Loss Allowance $471,000 Real Estate Owned $127,000 Historic Data - March 2011 Assets $44.43 million Equity Capital $14.34 million Loan Loss Allowance $506,000 Unbacked Noncurrent Loans $263,000 Real Estate Owned $107,000 Profit Margin - Quarterly Net Interest Margin 3.52% Return on Assets 0.07% Return on Equity 0.2% Interest Income $359,000

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 March 31, 2012 Mutual Savings Bank (SC) had $127,000 in non-current loans and owned real-estate with $14.72 million in equity and loan loss allowances on hand to cover it. This gives Mutual Savings Bank (SC) a Texas Ratio of 0.86% 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 Mutual Savings Bank (SC) decreased significantly from 2.49% as of March 31, 2011 to 0.86% as of March 31, 2012, resulting in a positive change of 65.40%.This indicates that the balance sheet and financial strength for Mutual Savings Bank (SC) has improved significantly in recent periods. Deposit Growth In the past year, Mutual Savings Bank (SC) has decreased its total deposits by -$1.41 million, resulting in -4.7% 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 Mutual Savings Bank (SC) 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. Mutual Savings Bank (SC) has $42.9 million in assets with $14.72 million in equity, resulting in a capitalization level of 34.32%, which is excellent.

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