Anderson Brothers Bank

101 North Main Street
Mullins, SC 29574


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9923
Date Established 1933
Assets $0.81 billion
Loans $0.66 billion
Deposits $0.73 billion
Capital $0.08 billion

Anderson Brothers Bank is an FDIC insured institution located in Mullins, SC. It was founded in 1933 and has approximately $0.81 billion in assets. Customers can open an account at one of its 22 branches.

For a more detailed analysis of Anderson Brothers Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $49,999 Learn MoreShow Less
0.50% $10,000 $99,999 Learn MoreShow Less
3 Mo CD
0.50% $100,000 - Learn MoreShow Less
1.00% $10,000 $99,999 Learn MoreShow Less
6 Mo CD
1.25% $100,000 - Learn MoreShow Less
1.21% $10,000 $99,999 Learn MoreShow Less
12 Mo CD
1.41% $100,000 - Learn MoreShow Less
1.21% $10,000 $99,999 Learn MoreShow Less
18 Mo CD
1.41% $100,000 - Learn MoreShow Less
1.31% $10,000 $99,999 Learn MoreShow Less
24 Mo CD
1.61% $100,000 - Learn MoreShow Less
1.36% $10,000 $99,999 Learn MoreShow Less
1.36% $10,000 $99,999 Learn MoreShow Less
36 Mo CD
1.76% $100,000 - Learn MoreShow Less
1.46% $10,000 $99,999 Learn MoreShow Less
48 Mo CD
1.76% $100,000 - Learn MoreShow Less
1.56% $10,000 $99,999 Learn MoreShow Less
60 Mo CD
1.81% $100,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
0.35% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $500 - Learn MoreShow Less

Loan Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Anderson Brothers Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
First Internet Bank
NMLS ID: 424182
3.647% 3.625% 0.25 $675 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
NMLS ID: 2890
License#: MC-3098
3.761% 3.750% 0.13 $352 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to Anderson Brothers Bank
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Financial Details

Anderson Brothers Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Anderson Brothers Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Anderson Brothers Bank U.S. Bank Average
9.3% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, Anderson Brothers Bank had $7,352,000 in non-current loans and $904,000 in owned real estate. To cover these potential losses it had $76,544,000 in equity and $12,207,000 in loans loss reserves. That gives it a Texas Ratio of 9.3%.

Return on Equity
Anderson Brothers Bank U.S. Bank Average
10.89% 9.47%

Anderson Brothers Bank has a Return on Equity of 10.89% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Anderson Brothers Bank U.S. Bank Average
9.42% 12.49%

Anderson Brothers Bank has a Capitalization of 9.42% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Anderson Brothers Bank Balance Sheet Analysis

As of March 31, 2019, Anderson Brothers Bank had assets of $812,272,000, loans of $662,067,000, and deposits of $730,473,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
Cash & Balances due from depository institutions $0.07 billion
Interest-bearing balances $0.04 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.66 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.02 billion
     Total Assets $0.74 billion
Total deposits $0.73 billion
      Interest-bearing deposits $0.49 billion
      Deposits held in domestic offices $0.73 billion
      % insured (estimated) 85.39%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.74 billion
      Shareholders’ Equity $0.08 billion

Summary Income Statement

March 31, 2019
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Anderson Brothers Bank’s loan portfolio are Consumer Auto Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in South Carolina, Anderson Brothers Bank has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.20
Credit Card Loans 0.00
Consumer Auto Loans 26.58
Small Business Loans 14.06
Construction and Development Loans 15.57
Commercial Real Estate 20.19
Commercial and Industrial Loans 8.18
Farm Loans 0.24

Frequently Asked Questions About Anderson Brothers Bank

Branches and Savings

Is Anderson Brothers Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9923.

Why does Anderson Brothers Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Anderson Brothers Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Anderson Brothers Bank a commercial bank?


Where are Anderson Brothers Bank locations?

See branch locations nearby.

Is Anderson Brothers Bank open on Saturdays?

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Are Anderson Brothers Bank ATMs Open 24/7?

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Will Anderson Brothers Bank notarize my document?

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Will the Anderson Brothers Bank branch print checks?

Do Anderson Brothers Bank checks expire?

Does Anderson Brothers Bank require US citizenship to open account?

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Does Anderson Brothers Bank Report to credit bureaus?

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What is Anderson Brothers Bank's SWIFT code?


Does Anderson Brothers Bank offer mortgages?

Compare mortgage rates here.

Does Anderson Brothers Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Anderson Brothers Bank offer personal loans?

Compare personal loan rates here.

Does Anderson Brothers Bank offer student loans?

Will Anderson Brothers Bank cash a check?

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Background on The Bank

Who owns Anderson Brothers Bank?

How long has Anderson Brothers Bank been around?

Can Anderson Brothers Bank transfer to other banks?

Does Anderson Brothers Bank have quick pay?

Does Anderson Brothers Bank accept rolled coins?

Will Anderson Brothers Bank accept loose change?

Where is Anderson Brothers Bank headquarters?

Customer Reviews for Anderson Brothers Bank

  • June 02, 2016

    I have called, returned statement and mailed you letters about this issue. You kept sending statements to Joseph Nance Greene for Checking account that has no money in it and he had request you to stop sending _0_ statements. I have called, written and email telling you he no longer lives at this address and I do not know his address. As we ask him to move.


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