First National Bank of South Carolina

Headquarters

801 Gilway & Industrial Road
Holly Hill, SC 29059
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.20% 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First National Bank of South Carolina is an FDIC insured institution located in Holly Hill, SC. It was founded in 1905 and has approximately $0.26 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 2107
Date Established 1905
Assets $ 256.47 million
Loans $ 93.71 million
Deposits $ 218.42 million
Capital $ 26.01 million
 

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

Deposit Rates - September 26, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.05% $2,500 $9,999 Learn More
Money Market
0.10% $10,000 $24,999 Learn More
Money Market
0.15% $25,000 - Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 $9,999 Learn MoreShow Less
 

Loan Rates - September 26, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First National Bank of South Carolina

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.783% 2.750%
0.38 points
$1,055 fees
$1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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BMO Harris Bank
BMO Harris Bank
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Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
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Note to First National Bank of South Carolina
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Branches

First National Bank of South Carolina branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First National Bank of South Carolina Locations


Financial Details

First National Bank of South Carolina Ratio Analysis

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

Texas Ratio
First National Bank of South Carolina U.S. Bank Average
5.37% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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, 2021, First National Bank of South Carolina had $862,000 in non-current loans and $625,000 in owned real estate. To cover these potential losses it had $26,010,000 in equity and $1,670,000 in loans loss reserves. That gives it a Texas Ratio of 5.37%.

Return on Equity
First National Bank of South Carolina U.S. Bank Average
2.56% 11.43%

First National Bank of South Carolina has a Return on Equity of 2.56% versus the BestCashCow average of 11.43%. 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.

Capitalization
First National Bank of South Carolina U.S. Bank Average
10.14% 11.51%

First National Bank of South Carolina has a Capitalization of 10.14% versus the BestCashCow average of 11.51. 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.

First National Bank of South Carolina Balance Sheet Analysis

As of March 31, 2021, First National Bank of South Carolina had assets of $256,473,000, loans of $93,714,000, and deposits of $218,420,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 93.74 million
Interest-bearing balances $ 90.87 million
Total securities $ 58.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 93.71 million
Loan loss allowance $ 1.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.63 million
Goodwill and other intangibles N.A.
All other assets $ 1.94 million
     Total Assets $ 230.46 million
LIABILITIES
Total deposits $ 218.42 million
      Interest-bearing deposits $ 146.45 million
      Deposits held in domestic offices $ 218.42 million
      % insured (estimated) 88.26%
Federal funds purchased and repurchase agreements $ 11.24 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.81 million
      Total Liabilities $ 230.46 million
      Shareholders’ Equity $ 26.01 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 1.45 million
Total Interest Expense $ 0.08 million
Net interest income $ 1.37 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.50 million
Total non interest expense $ 1.64 million
Pre-tax Net Operating Income $ 0.22 million

Bank Loan Profile?

The top three loan types in First National Bank of South Carolina’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in South Carolina, First National Bank of South Carolina has a significantly higher percent of Commercial Real Estate 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.00
Multifamily
Mortgages
1.30
Credit Card Loans 0.00
Consumer Auto Loans 1.34
Small Business Loans 0.00
Construction and Development Loans 12.51
Commercial Real Estate 40.86
Commercial and Industrial Loans 19.65
Farm Loans 0.57

Frequently Asked Questions About First National Bank Of South Carolina

Branches and Savings

Is First National Bank Of South Carolina FDIC insured?

Yes. It is covered under FDIC Certificate #2107.

Why does First National Bank Of South Carolina pay such low interest on savings accounts?

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

Why are First National Bank Of South Carolina CD rates not competitive?

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

Is First National Bank Of South Carolina a commercial bank?

Yes

Where are First National Bank Of South Carolina locations?

See branch locations nearby.

Is First National Bank Of South Carolina open on Saturdays?

Is First National Bank Of South Carolina open on Sundays?

What time does First National Bank Of South Carolina open?

What time does First National Bank Of South Carolina close?

Are First National Bank Of South Carolina ATMs Open 24/7?

Do First National Bank Of South Carolina ATMs accept cash deposits?

Can First National Bank Of South Carolina customers use other ATMs?

Do First National Bank Of South Carolina branches have notaries?

Will First National Bank Of South Carolina notarize my document?

What address for First National Bank Of South Carolina should I put for incoming ACH transfers?

Will the First National Bank Of South Carolina branch print checks?

Do First National Bank Of South Carolina checks expire?

Does First National Bank Of South Carolina require US citizenship to open account?

Can First National Bank Of South Carolina close my account?

Does First National Bank Of South Carolina Report to credit bureaus?

Does First National Bank Of South Carolina Use Equifax?

What is First National Bank Of South Carolina's ACH Routing Number?

What is First National Bank Of South Carolina's SWIFT code?

Products

Does First National Bank Of South Carolina offer mortgages?

Compare mortgage rates here.

Does First National Bank Of South Carolina offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank Of South Carolina offer personal loans?

Compare personal loan rates here.

Does First National Bank Of South Carolina offer student loans?

Will First National Bank Of South Carolina cash a check?

Will First National Bank Of South Carolina redeem a savings bond?

Does First National Bank Of South Carolina cash savings bonds?

Will First National Bank Of South Carolina cash money orders?

Can First National Bank Of South Carolina issue a money order?

Does First National Bank Of South Carolina do currency exchange?

Background on The Bank

Who owns First National Bank Of South Carolina?

How long has First National Bank Of South Carolina been around?

Can First National Bank Of South Carolina transfer to other banks?

Does First National Bank Of South Carolina have quick pay?

Does First National Bank Of South Carolina accept rolled coins?

Will First National Bank Of South Carolina accept loose change?

Where is First National Bank Of South Carolina headquarters?

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