Tidelands Bank

Tidelands Bank is headquartered in Mount Pleasant and is the 13^st largest bank in the state of South Carolina. It is also the 1,242^nd largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 75 employees at 7 locations. Tidelands Bank has a 1-star health rating.

Data for Q1 2012

Institution Statistics Tidelands Bank FDIC Certificate # 57594 BankRate Report View Year Established 2003 Employees 75 Primary Regulator FDIC Assets and Liabilities Assets $545.83 million Loans $364.80 million Deposits $460.19 million Equity Capital $28.90 million Loan Loss Allowance $8.99 million Unbacked Noncurrent Loans $32.19 million Real Estate Owned $19.33 million Historic Data - March 2011 Assets $546.23 million Equity Capital $32.76 million Loan Loss Allowance $12.39 million Unbacked Noncurrent Loans $28.52 million Real Estate Owned $14.56 million Profit Margin - Quarterly Net Interest Margin 3.34% Return on Assets 0.35% Return on Equity 6.55% Interest Income $5.71 million

Institution Health Overall Score: 1 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 Tidelands Bank had $51.52 million in non-current loans and owned real-estate with $37.88 million in equity and loan loss allowances on hand to cover it. This gives Tidelands Bank a Texas Ratio of 136.00% 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 Tidelands Bank increased slightly from 95.42% as of March 31, 2011 to 136.00% as of March 31, 2012, resulting in a negative change of 42.53%. This indicates that the balance sheet and financial strength for Tidelands Bank has declined slightly in recent periods. Deposit Growth In the past year, Tidelands Bank has increased its total deposits by $4.32 million, resulting in 0.95% 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 Tidelands Bank has shown is 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. Tidelands Bank has $545.83 million in assets with $37.88 million in equity, resulting in a capitalization level of 6.94%, which is below average.

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