Reviewed by RAWEXPOSURE5 | March 27, 2022
Lately, I am constantly being locked out of my account. I have double-checked and triple-checked and everything is correct. It is the weekend of March 26, 2022, and I cannot get help with this...what am I to do?
The Bank of Clarendon is an FDIC insured institution located in Manning, SC. It was founded in 1939 and has approximately $0.39 billion in assets. Customers can open an account at one of its 5 branches.
FDIC Insured | Yes |
FDIC Certificate | # 15671 |
Date Established | 1939 |
Assets | $ 389.18 million |
Loans | $ 188.68 million |
Deposits | $ 345.25 million |
Capital | $ 41.38 million |
For a more detailed analysis of The Bank of Clarendon's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Your Current Location: Ohio, OH 43085
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for The Bank of Clarendon
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Lender | APR | Rate (%) | Monthly Payment |
Learn More |
---|---|---|---|---|
NMLS ID: 401822 |
6.668% |
6.500% 0.75 points $5,600 fees |
$2,023 | Learn More |
NMLS ID: 1025894 |
6.865% |
6.750% 1.00 points $3,775 fees |
$2,076 | Learn More |
NMLS ID: 3030 |
7.225% |
7.125% 1.00 points $3,200 fees |
$2,156 | Learn More |
NMLS ID: 3029 |
points fees |
Learn More |
Lender | APR (%)? | Monthly Payment? | Learn More |
---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR
7.490 %
After Intro: 7.490 % |
$0 |
Learn More
More Info |
Note to The Bank of Clarendon
To upload and update your bank's rates please register.
It is free to register and add rates.
The Bank of Clarendon 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:
Columbus,Ohio
Branch | Distance | Map | View Lobby Hours |
---|---|---|---|
437.79 | A | View Lobby Hours | |
457.58 | B | View Lobby Hours | |
460.97 | C | View Lobby Hours | |
462.19 | D | View Lobby Hours | |
467.71 | E | View Lobby Hours |
The Bank of Clarendon is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
or use your BestCashCow account
The following ratios and data are available to help you better understand the financial condition of The Bank of Clarendon. 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.
The Bank of Clarendon | U.S. Bank Average |
---|---|
0.17% | 4.48% |
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 June 30, 2024, The Bank of Clarendon had $75,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $41,378,000 in equity and $1,727,000 in loans loss reserves. That gives it a Texas Ratio of 0.17%.
The Bank of Clarendon | U.S. Bank Average |
---|---|
10.84% | 10.46% |
The Bank of Clarendon has a Return on Equity of 10.84% versus the BestCashCow average of 10.46%. 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.
The Bank of Clarendon | U.S. Bank Average |
---|---|
10.63% | 10.84% |
The Bank of Clarendon has a Capitalization of 10.63% versus the BestCashCow average of 10.84. 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.
As of June 30, 2024, The Bank of Clarendon had assets of $389,181,000, loans of $188,681,000, and deposits of $345,245,000. 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.
ASSETS | |
---|---|
Cash & Balances due from depository institutions | $ 42.25 million |
Interest-bearing balances | $ 34.83 million |
Total securities | $ 138.66 million |
Federal funds sold and reverse repurchase | $ 0.23 million |
Net loans and leases | $ 188.68 million |
Loan loss allowance | $ 1.73 million |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | N.A. |
All other assets | $ 13.96 million |
Total Assets | $ 347.80 million |
LIABILITIES | |
---|---|
Total deposits | $ 345.25 million |
Interest-bearing deposits | $ 240.50 million |
Deposits held in domestic offices | $ 345.25 million |
% insured (estimated) | 74.35% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | N.A. |
Subordinated debt | N.A. |
All other liabilities | $ 2.16 million |
Total Liabilities | $ 347.80 million |
Shareholders’ Equity | $ 41.38 million |
INCOME AND EXPENSES | |
---|---|
Total Interest Income | $ 8.18 million |
Total Interest Expense | $ 2.06 million |
Net interest income | $ 6.12 million |
Provision for loan and lease losses | $ 0.03 million |
Total non interest income | $ 0.93 million |
Total non interest expense | $ 4.54 million |
Pre-tax Net Operating Income | $ 2.23 million |
The top three loan types in The Bank of Clarendon’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.
Compared to other banks in South Carolina, The Bank of Clarendon has a significantly higher percent of Small Business Loans, 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 | 22.82 | ✓ | ||
Multifamily Mortgages |
1.67 | ✓ | ||
Credit Card Loans | 0.00 | ✓ | ||
Consumer Auto Loans | 1.50 | ✓ | ||
Small Business Loans | 21.43 | ✓ | ||
Construction and Development Loans | 5.82 | ✓ | ||
Commercial Real Estate | 36.33 | ✓ | ||
Commercial and Industrial Loans | 12.03 | ✓ | ||
Farm Loans | 1.64 | ✓ |
Customer Reviews for The Bank of Clarendon
RAWEXPOSURE5
March 27, 2022
Lately, I am constantly being locked out of my account. I have double-checked and triple-checked and everything is correct. It is the weekend of March 26, 2022, and I cannot get help with this...what am I to do?
Is this review helpful? Yes:0 / No: 0
Add Your Review
or use your BestCashCow account