Horry County State Bank

Headquarters

5009 Broad Street
Loris, SC 29569
See all branch locations →

Notable Rates	APY	Vs.Others
Savings	N.A.	4.60% →
1-Year CD	N.A.	4.59% →
2-Year CD	N.A.	4.25% →
5-Year CD	N.A.	4.15% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Climate
Financial Details
FAQs
Reviews

2025 Overview

General Bank Information

Horry County State Bank is an FDIC insured institution located in Loris, SC. It was founded in 1988 and has approximately $0.39 billion in assets.


FDIC Insured	Yes
FDIC Certificate	# 27139
Date Established	1988
Assets	$ 384.19 million
Loans	$ 228.99 million
Deposits	$ 322.16 million
Capital	$ 36.80 million

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

Deposit Rates - April 4, 2025

Your Current Location: South Carolina, SC 10007

Loan Rates - April 4, 2025

Your Current Location: South Carolina, SC 10007

There are currently no loan rates available for Horry County State Bank

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

Featured - South Carolina 30 Year Fixed Mortgage Rates 2025

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 2578474	6.092%	6.000% 0.63 points $3,149 fees	$1,919	Learn More
NMLS ID: 1025894	6.235%	6.125% 1.00 points $3,759 fees	$1,945	Learn More
NMLS ID: 2559614	6.333%	6.250% 0.88 points $2,800 fees	$1,971	Learn More
NMLS ID: 757416	6.342%	6.250% 1.00 points $3,101 fees	$1,971	Learn More

See More Mortgage Rates →

Featured - South Carolina Home Equity Line Of Credit Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 6.990 % After Intro: 6.990 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Figure Home Equity See Table	Intro APR 7.250 % After Intro: 7.250 %	$15,000	Learn More More Info
Available APRs range from 6.45% - 10.95*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Flexible terms, borrow $15K-$400K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US
Reliant Home Funding, Inc See Table	Intro APR 7.250 % After Intro: 7.250 %	$15,000	Learn More More Info
Available APRs range from 6.60% - 14.15*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(The advertised APR includes enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage company. Relationships Rule: Transactions end, Relationships remain Accountability is Personal: Reflection before Projection Service through Knowledge: Great service means great understanding Evolve to Excel: We need to adapt and improve to succeed

See More Home Equity Rates →

Note to Horry County State Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Horry County State Bank 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:
Hartsville,South Carolina

Horry County State Bank Locations around zip code 10007

Branch	Distance	Map	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

Horry County State Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Add Your Review

or use your BestCashCow account

Financial Details

Horry County State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Horry County State Bank. 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

Horry County State Bank	U.S. Bank Average
7.59%	4.62%

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 September 30, 2024, Horry County State Bank had $1,894,000 in non-current loans and $1,177,000 in owned real estate. To cover these potential losses it had $36,804,000 in equity and $3,642,000 in loans loss reserves. That gives it a Texas Ratio of 7.59%.

Return on Equity

Horry County State Bank	U.S. Bank Average
3.63%	10.02%

Horry County State Bank has a Return on Equity of 3.63% versus the BestCashCow average of 10.02%. 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

Horry County State Bank	U.S. Bank Average
9.58%	11.29%

Horry County State Bank has a Capitalization of 9.58% versus the BestCashCow average of 11.29. 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.

Horry County State Bank Balance Sheet Analysis

As of June 30, 2017, Horry County State Bank had assets of $390,233,000, loans of $228,989,000, and deposits of $322,161,000. 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

September 30, 2024

ASSETS
Cash & Balances due from depository institutions	N.A.
Interest-bearing balances	N.A.
Total securities	N.A.
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 228.99 million
Loan loss allowance	$ 3.64 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 1.18 million
Goodwill and other intangibles	N.A.
All other assets	N.A.
Total Assets	N.A.

LIABILITIES
Total deposits	$ 322.16 million
Interest-bearing deposits	N.A.
Deposits held in domestic offices	N.A.
% insured (estimated)	0.00%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	N.A.
Subordinated debt	N.A.
All other liabilities	N.A.
Total Liabilities	N.A.
Shareholders’ Equity	$ 384.19 million

Summary Income Statement

September 30, 2024

INCOME AND EXPENSES
Total Interest Income	N.A.
Total Interest Expense	N.A.
Net interest income	N.A.
Provision for loan and lease losses	N.A.
Total non interest income	N.A.
Total non interest expense	N.A.
Pre-tax Net Operating Income	N.A.

Bank Loan Profile^?

The top three loan types in Horry County State Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in South Carolina, Horry County State Bank has a significantly higher percent of Small Business Loans, Construction and Development Loans, Commercial Real Estate, Farm 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.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	31.67		✓
Multifamily Mortgages	2.16		✓
Credit Card Loans	0.00	✓
Consumer Auto Loans	0.01		✓
Small Business Loans	17.88			✓
Construction and Development Loans	11.82			✓
Commercial Real Estate	36.39			✓
Commercial and Industrial Loans	10.43		✓
Farm Loans	3.11			✓

Customer Reviews for Horry County State Bank

There are currently no comments for Horry County State Bank. Be the first to share your experience. Please provide comments that will help others.