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Overview / Commentary
200 South Church Street
Spartanburg, SC 29306

Carolina Alliance Bank is headquartered in Spartanburg and is the 9th largest bank in the state of South Carolina. It is also the 1,140th largest bank in the nation. It was established in 2007 and as of September of 2016, it had grown to 112 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 - YTD0.67%
Return on Equity - YTD5.92%
Annual Interest Income$18.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$626.2MM$444.1MM
LoansQ3 2016vs Q3 2015$470.8MM$345.9MM
DepositsQ3 2016vs Q3 2015$518.0MM$360.7MM
Equity CapitalQ3 2016vs Q3 2015$71.1MM$53.6MM
Loan Loss AllowanceQ3 2016vs Q3 2015$4.8MM$4.4MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$2.2MM$1.8MM
Real Estate OwnedQ3 2016vs Q3 2015$309.00K$1.2MM

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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
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