Vitals
  • Total Assets
    506.6M -16.5 %
  • Total Deposits
    376.4M -9.3 %
  • Total Net Loans
    358.7M -13.0 %
  • Net Income
    2.1M 30.0 %
  • Book Value
    44.0M 5.7 %
  • Book Value x2
    88.0M 5.7 %
  • Book Value x3
    132.0M 5.7 %
ROAA

.81

ROAE

9.92

Efficiency Ratio

69.282

Net Interest Margin

3.47

Balance Sheet Highlights
Financial Highlights Community Firstbank Of Charleston All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 506,615 318,142
Total Net Loans 358,719 200,206
Total Deposits 376,358 265,325
Total Equity 44,006 28,697
Profitability
Net Income 2,125 -476
Return on Average Assets .81 -.287
Return on Average Equity 9.92 -4.603
Net Interest Margin 3.47 3.655
Efficiency Ratio 69.282 82.801
Noninterest Income/Revenue 45.896 14.186
Balance Sheet Ratios
Loan-to-Deposit 95.313 73.254
Securities/Assets .19 .189
Total Equity/Total Assets .087 .09
Tangible Equity/Tangible Assets .075 .089
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 46,498 27,898
Tier 2 Capital 8,808 2,743
Total Capital 55,306 30,808
Total Risk Weighted Assets 382,701 217,528
Leverage Ratio 9.01 9.202
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.15 14.041
Total Capital Ratio 14.45 15.332

Timeline for Community Firstbank Of Charleston

Crescom Bank

Community Firstbank Of Charleston was acquired by Crescom Bank 12 years

View Profile Aug 01 2011

Crescent Mortgage Company

Crescent Mortgage Company became a new subsidiary organization for Community Firstbank Of Charleston.

View Profile Jul 27 2009

Community Firstbank Of Charleston

Community Firstbank Of Charleston was established 27 years ago and is currently headquartered in Charleston, SC.

Apr 25 1997

Carolina Financial Corporation

Carolina Financial Corporation became a new parent organization for Community Firstbank Of Charleston.

View Profile Apr 25 1997
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Crescom Bank Buyer 1,652,824 Pooling of Interests Discontinued 8/1/2011
Relationships Role Relationship Start Relationship End
Carolina Financial Corporation Parent 4/25/1997 7/31/2011
Crescent Mortgage Company Subsidary 7/27/2009 7/31/2011
Similar Organizations
Organization City State Total Assets
Deerwood Bank
 		Deerwood MN 505.3M
The Simsbury Bank & Trust Company
 		Simsbury CT 504.8M
First Commercial Bank (Usa)
 		Alhambra CA 498.7M
San Diego Private Bank
 		Coronado CA 498.0M
Security Bank & Trust Company
 		Glencoe MN 516.5M
United Southern Bank
 		Umatilla FL 492.7M
Norstates Bank
 		Waukegan IL 506.7M
Platte Valley Bank Of Missouri
 		Platte City MO 510.2M
Concordia Bank & Trust Company
 		Vidalia LA 511.1M
The Farmers Bank, Frankfort, Indiana
 		Frankfort IN 506.1M