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Overview / Commentary
200 South Church Street
Spartanburg, SC 29306

Carolina Alliance Bank is headquartered in Spartanburg and is the 8th largest bank in the state of South Carolina. It is also the 1,094th largest bank in the nation. It was established in 2007 and as of June of 2017, it had grown to 114 employees at 7 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 - YTD0.63%
Return on Equity - YTD5.71%
Annual Interest Income$12.5MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$673.1MM$633.1MM
LoansQ2 2017vs Q2 2016$505.6MM$470.5MM
DepositsQ2 2017vs Q2 2016$544.4MM$527.7MM
Equity CapitalQ2 2017vs Q2 2016$75.9MM$70.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$5.2MM$4.8MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$4.6MM$1.7MM
Real Estate OwnedQ2 2017vs Q2 2016$79.00K$788.00K

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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