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877-277-2185
520 Gervais Street
Columbia, SC 29201

North Carolina Bank and Trust is headquartered in Columbia and is the 2nd largest bank in the state of South Carolina. It is also the 127th largest bank in the nation. It was established in 1934 and as of December of 2013, it had grown to 2,106 employees at 155 locations. North Carolina Bank and Trust has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
B+

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, 2013 North Carolina Bank and Trust had $164.5 million in non-current loans and owned real-estate with $1.11 billion in equity and loan loss allowances on hand to cover it. This gives North Carolina Bank and Trust a Texas Ratio of 14.78% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for North Carolina Bank and Trust decreased dramatically from 28.25% as of December 31, 2012 to 14.78% as of December 31, 2013, resulting in a positive change of 47.69%.This indicates that the balance sheet and financial strength for North Carolina Bank and Trust has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, North Carolina Bank and Trust has increased its total deposits by $2.26 billion, resulting in 52.63% 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 North Carolina Bank and Trust has shown is excellent.

Capitalization

GRADE:
A+

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. North Carolina Bank and Trust has $7.93 billion in assets with $1.11 billion in equity, resulting in a capitalization level of 14.03%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #13425
Year Established1934
Employees2106
Primary RegulatorFDIC
Assets and Liabilities
Assets$7.93 billion
Loans$5.68 billion
Deposits$6.57 billion
Equity Capital$1.07 billion
Loan Loss Allowance$45.95 million
Unbacked Noncurrent Loans$127.17 million
Real Estate Owned$37.34 million
Historic Data - December 2012
Assets$5.13 billion
Equity Capital$552.59 million
Loan Loss Allowance$76.30 million
Unbacked Noncurrent Loans$127.17 million
Real Estate Owned$32.25 million
Profit Margin - Quarterly
Net Interest Margin5.14%
Return on Assets0.86%
Return on Equity7.1%
Interest Income$286.00 million
Rates

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Locations

North Carolina Bank and Trust has 82 locations. Click to view all North Carolina Bank and Trust locations.