Williamsburg First National Bank
Kingstree, SC — National Bank
Acquired Jul 2010
Vitals
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Total Assets130.4M -8.9 %
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Total Deposits127.0M 10.1 %
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Total Net Loans60.5M -32.3 %
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Net Income-3330000.0000 -5,942.1 %
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Book Value1.6M -87.4 %
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Book Value x23.2M -87.4 %
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Book Value x34.8M -87.4 %
Balance Sheet Highlights
| Financial Highlights | Williamsburg First National Bank | All Insured Commercial Banks in South Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 130,411 | 342,296 |
| Total Net Loans | 60,530 | 225,299 |
| Total Deposits | 126,993 | 280,854 |
| Total Equity | 1,588 | 29,772 |
| Profitability | ||
| Net Income | -3,330 | -288 |
| Return on Average Assets | -4.879 | -.094 |
| Return on Average Equity | -259.447 | -2.767 |
| Net Interest Margin | 2.284 | 3.475 |
| Efficiency Ratio | 129.457 | 80.988 |
| Noninterest Income/Revenue | 18.643 | 13.616 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 47.664 | 78.432 |
| Securities/Assets | .274 | .169 |
| Total Equity/Total Assets | .012 | .087 |
| Tangible Equity/Tangible Assets | .012 | .086 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,195 | 28,725 |
| Tier 2 Capital | 942 | 3,226 |
| Total Capital | 2,137 | 31,936 |
| Total Risk Weighted Assets | 71,981 | 243,793 |
| Leverage Ratio | .91 | 9.161 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.66 | 13.168 |
| Total Capital Ratio | 2.97 | 14.451 |
Timeline for Williamsburg First National Bank
Williamsburg First National Bank was acquired by 13 years
Jul 24 2010
First Citizens Bank And Trust Company, Inc.
Williamsburg First National Bank was acquired by First Citizens Bank And Trust Company, Inc. 13 years
View Profile Jul 24 2010
Wfnb Bankshares, Inc.
Wfnb Bankshares, Inc. became a new parent organization for Williamsburg First National Bank.
View Profile Oct 24 1986
Williamsburg First National Bank
Williamsburg First National Bank was established 66 years ago and is currently headquartered in Kingstree, SC.
Feb 01 1958| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| First Citizens Bank And Trust Company, Inc. | Buyer | 8,346,821 | Failure | 7/24/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Wfnb Bankshares, Inc. | Parent | 10/24/1986 | 7/23/2010 |
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