South Carolina Bank and Trust

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

FDIC

South Carolina Bank and Trust is headquartered in Columbia and is the 2nd largest bank in the state of South Carolina. It is also the 170th largest bank in the nation. It was established in 1934 and as of December of 2012, it had grown to 1,325 employees at 93 locations. South Carolina Bank and Trust has a 4-star health rating.

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Data for Q4 2012


Institution Statistics


SCBT
FDIC Certificate #13425
BankRate ReportView
Year Established1934
Employees1325
Primary RegulatorFDIC

Assets and Liabilities

Assets$5.13 billion
Loans$3.63 billion
Deposits$4.30 billion
Equity Capital$552.59 million
Loan Loss Allowance$76.30 million
Unbacked Noncurrent Loans$145.43 million
Real Estate Owned$32.25 million

Historic Data - December 2011

Assets$3.89 billion
Equity Capital$420.24 million
Loan Loss Allowance$80.78 million
Unbacked Noncurrent Loans$174.48 million
Real Estate Owned$18.02 million

Profit Margin - Quarterly

Net Interest Margin4.81%
Return on Assets0.73%
Return on Equity6.78%
Interest Income$187.43 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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, 2012 South Carolina Bank and Trust had $177.67 million in non-current loans and owned real-estate with $628.89 million in equity and loan loss allowances on hand to cover it. This gives South Carolina Bank and Trust a Texas Ratio of 28.25% which is 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 38.42% as of December 31, 2011 to 28.25% as of December 31, 2012, resulting in a positive change of 26.47%.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 $1.05 billion, resulting in 32.09% 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 $5.13 billion in assets with $628.89 million in equity, resulting in a capitalization level of 12.26%, which is excellent.
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