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Overview / Commentary
200 South Church Street
Spartanburg, SC 29306

Carolina Alliance Bank is headquartered in Spartanburg and is the 7th largest bank in the state of South Carolina. It is also the 1,120th largest bank in the nation. It was established in 2007 and as of March of 2016, it had grown to 121 employees at 8 locations. Carolina Alliance Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #58432
Year Established2007
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD5.28%
Annual Interest Income$6.2MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$630.3MM$429.8MM
LoansQ1 2016vs Q1 2015$470.8MM$334.9MM
DepositsQ1 2016vs Q1 2015$524.2MM$350.1MM
Equity CapitalQ1 2016vs Q1 2015$68.4MM$53.0MM
Loan Loss AllowanceQ1 2016vs Q1 2015$4.7MM$4.1MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$2.6MM$1.9MM
Real Estate OwnedQ1 2016vs Q1 2015$825.00K$1.5MM

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Carolina Alliance Bank Locations
Forest Commercial Bank Branch1127 Hendersonville RoadAsheville, NC 28803
Hendersonville Branch218 North Main StreetHendersonville, NC 28792
Carolina Alliance Bank200 South Church StreetSpartanburg, SC 29306
Seneca Main Branch135 Eagles Nest Drive, Suite KSeneca, SC 29678
Anderson Main115 Broadbent WayAnderson, SC 29625
Pinnacle Bank Of South Carolina Bran10515 Anderson RoadEasley, SC 29642
Old Pinnacle Bank Of South Carolina937 North Pleasantburg DriveGreenville, SC 29607
Easley Branch6501 Calhoun Memorial HighwayEasley, SC 29640