South Carolina Bank and Trust

950 John C. Calhoun Drive, S.E.
Orangeburg, SC 29115
(803) 771-2265
www.scbtonline.com

South Carolina Bank and Trust is headquartered in Orangeburg and is the 2nd largest bank in the state of South Carolina. It is also the 200th largest bank in the nation. It was established in 1934 and as of September of 2011, it had grown to 1,079 employees at 89 locations. South Carolina Bank and Trust has a 4-star health rating.

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Data for Q3 2011


Institution Statistics


SCBT National Association
FDIC Certificate #13425
BankRate ReportView
Year Established1934
Employees1079
Primary RegulatorOCC

Assets and Liabilities

Assets$3.93 billion
Loans$2.86 billion
Deposits$3.29 billion
Equity Capital$420.91 million
Loan Loss Allowance$61.02 million
Unbacked Noncurrent Loans$168.36 million
Real Estate Owned$102.43 million

Historic Data - September 2010

Assets$3.61 billion
Equity Capital$375.34 million
Loan Loss Allowance$46.45 million
Unbacked Noncurrent Loans$71.27 million
Real Estate Owned$63.02 million

Profit Margin - Quarterly

Net Interest Margin4.76%
Return on Assets0.66%
Return on Equity6.38%
Interest Income$127.85 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio2
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 South Carolina Bank and Trust had $270.78 million in non-current loans and owned real-estate with $481.93 million in equity and loan loss allowances on hand to cover it. This gives South Carolina Bank and Trust a Texas Ratio of 56.19% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for South Carolina Bank and Trust decreased slightly from 68.70% as of September 30, 2010 to 56.19% as of September 30, 2011, resulting in a positive change of 18.21%.This indicates that the balance sheet and financial strength for South Carolina Bank and Trust has improved slightly in recent periods.
Deposit Growth5
In the past year, South Carolina Bank and Trust has increased its total deposits by $268.6 million, resulting in 8.89% 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 South Carolina Bank and Trust has shown is excellent.
Capitalization5
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. South Carolina Bank and Trust has $3.93 billion in assets with $481.93 million in equity, resulting in a capitalization level of 12.25%, which is excellent.
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