Vitals
  • Total Assets
    533.1M -9.1 %
  • Total Deposits
    472.7M -4.3 %
  • Total Net Loans
    314.1M -17.8 %
  • Net Income
    -3459000.0000 -1,184.3 %
  • Book Value
    3.2M -88.3 %
  • Book Value x2
    6.5M -88.3 %
  • Book Value x3
    9.7M -88.3 %
ROAA

-2.56

ROAE

-276.085

Efficiency Ratio

120.576

Net Interest Margin

2.359

Balance Sheet Highlights
Financial Highlights Waccamaw Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 533,114 626,455
Total Net Loans 314,065 398,365
Total Deposits 472,704 530,076
Total Equity 3,237 60,488
Profitability
Net Income -3,459 702
Return on Average Assets -2.56 .357
Return on Average Equity -276.085 2.298
Net Interest Margin 2.359 3.637
Efficiency Ratio 120.576 80.134
Noninterest Income/Revenue 19.416 16.002
Balance Sheet Ratios
Loan-to-Deposit 66.44 77.143
Securities/Assets .133 .18
Total Equity/Total Assets .006 .097
Tangible Equity/Tangible Assets .006 .09
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,599 55,015
Tier 2 Capital 4,599 6,231
Total Capital 9,198 61,221
Total Risk Weighted Assets 369,794 427,357
Leverage Ratio .85 9.226
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 1.24 13.006
Total Capital Ratio 2.49 14.476

Timeline for Waccamaw Bank

Waccamaw Bank was acquired by 11 years

Jun 09 2012

First Community Bank Of Mercer County, Inc.

Waccamaw Bank was acquired by First Community Bank Of Mercer County, Inc. 11 years

View Profile Jun 09 2012

Wb Trustee, Llc

Wb Trustee, Llc became a new subsidiary organization for Waccamaw Bank.

View Profile Mar 02 2010

Riverbank Real Estate, Llc

Riverbank Real Estate, Llc became a new subsidiary organization for Waccamaw Bank.

View Profile Aug 27 2009

The Bank Of Heath Springs

Acquisition: Waccamaw Bank acquired a new subsidiary, The Bank Of Heath Springs, 18 years

View Profile Apr 29 2006

Want to see more?

Complete timeline for Waccamaw Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Community Bank Of Mercer County, Inc. Buyer 439,839 Failure 6/9/2012
The Bank Of Heath Springs Seller 20,150 Acquisition Discontinued 4/29/2006
Relationships Role Relationship Start Relationship End
Waccamaw Bankshares, Inc Parent 7/1/2001 6/8/2012
Riverbank Real Estate, Llc Subsidary 8/27/2009 6/8/2012
Wb Trustee, Llc Subsidary 3/2/2010 6/8/2012
Waccamaw Financial Services, Inc. Subsidary 6/30/2007 12/31/2008
Waccamaw Financial Services, Inc. Subsidary 3/6/2001 6/29/2007
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