Beacon Community Bank

Beacon Community Bank

Overview / Commentary
578 E. Bay Street, Suite D
Charleston, SC 29403

Beacon Community Bank is headquartered in Charleston and is the 34th largest bank in the state of South Carolina. It is also the 3,524th largest bank in the nation. It was established in 2018 and as of December of 2019, it had grown to 30 employees at 2 locations. Beacon Community Bank has an A health rating.

Reviews (1)

We Love Beacon Community Bank!!!!!

My wife and I started banking at Beacon Community Bank this summer and already we can tell it was the right move for us!! We have moved all of our banking to them to include checking, savings, money market, CD, mortgage, and HELOC. Kristen Hopson, our Branch Manager and Jason Wall, our Loan Officer, could not have been more professional or easier to work with. Jason even showed up at our closings to be there to answer any questions we might have had. This is the 6th real estate closing my wife and I have been through and we have NEVER, not once, had the loan officer show up at the closing. This shows me that Beacon Community Bank is more concerned about their relationships with their customers than they are about their account balances. Every single step of the way has been easy and great!! The friendly service and thorough explanations of their wide variety of products is outstanding. If you want a branch you can walk in to and speak with a friendly, smiling associate, you have it with Beacon. If you want to do all your banking online with the latest and greatest technology, you have it with Beacon. If you want a local bank that will serve your every banking need and do it like no other bank, then Beacon Community Bank is for you. Go sit and speak with them. It will be worth your time.

We love our bank!!

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Beacon Community Bank has a negative return on equity.

Health Grade Components

FDIC Certificate #59106
Year Established2018
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-3.16%
Return on Equity - YTD-10.89%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$135.8MM$71.2MM
LoansQ4 2019vs Q4 2018$114.7MM$42.0MM
DepositsQ4 2019vs Q4 2018$102.8MM$40.2MM
Equity CapitalQ4 2019vs Q4 2018$28.0MM$29.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$1.3MM$532.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$129.00K$0
Real Estate OwnedQ4 2019vs Q4 2018$0$0

Sorry, we do not have rate data for Beacon Community Bank.


Beacon Community Bank Locations
Houston Northcutt966 Houston Northcutt BlvdMount Pleasant, SC 29464

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