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Hartsville Community Bank

Hartsville, SC · Cert 35076

FDIC · 3 branches

Q3 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2018, the quarter ended September 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Hartsville Community Bank

Hartsville, SC · Cert 35076

FDIC · 3 branches

Q3 2018

$110.7MAssets
$83.8MLoans
$93.7MDeposits
$11.6MEquity
Loan mix
85%RE $62.7M12%C&I $8.5M3%Consumer $2.4MQ3 2017Q3 2018
Deposit mix
77%Interest-bearing $72.6M23%Noninterest $21.1MQ3 2017Q3 2018

NIM

3.70%Q3 ’163.83%Q3 ’174.02%Q3 ’18+3%+1%

Non-interest income vs. expense

3.65%Q3 ’163.53%Q3 ’173.51%Q3 ’18-5%-3%

Market Position · Florence, SC · 2018 SOD (annual) · 1.9% share · #13 of 16 inst. · $0.1B of $2.8B

8.9% Darlington
5.7% Chesterfield
2.3% Kershaw

Executive Summary

  • Earnings: ROA of 0.59%, down 4 bps year over year; NIM at 3.57%.
  • Asset quality: problem loans at 1.91% of loans (+175 bps YoY), with net charge-offs at 0.36%.
  • Capital: tier 1 leverage ratio of 10.47%, up 39 bps from a year ago.
  • Funding: loans stand at 89.42% of deposits as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

0.59%-4 bps YoY

Net Interest Margin (YTD, annualized)

3.57%+3 bps YoY

Efficiency Ratio (YTD, annualized)

77.69%-202 bps YoY

Tier 1 Leverage Ratio

10.47%+39 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.62%0.47%0.52%0.54%0.59%-4 bps
Return on Equity6.29%4.78%5.15%5.31%5.74%-55 bps
Net Interest Margin3.55%3.53%3.52%3.58%3.57%+3 bps
Efficiency Ratio79.70%78.88%76.80%77.52%77.69%-202 bps
Non-Interest Burden2.65%2.60%2.46%2.56%2.57%-8 bps
Growth
Asset Growth (YoY)1.43%2.99%-2.51%-1.85%-3.50%-493 bps
Loan Growth (YoY)1.33%0.76%-2.62%-2.20%-3.69%-502 bps
Deposit Growth (YoY)0.30%3.94%0.80%-0.04%-2.01%-231 bps
Asset Quality
Nonperforming Loans / Loans0.16%1.27%1.06%1.05%1.91%+175 bps
Net Charge-Offs / Loans-0.01%0.03%1.04%0.53%0.36%+38 bps
Allowance / Loans0.96%0.91%0.83%0.92%0.92%-4 bps
Allowance Coverage of NPLs6.0x0.7x0.8x0.9x0.5x-5.5x
Capital
Tier 1 Leverage Ratio10.07%9.99%10.13%10.53%10.47%+39 bps
Total Risk-Based Capital13.45%13.22%14.03%14.23%14.22%+77 bps
Equity / Assets9.98%9.74%10.32%10.36%10.45%+47 bps
Liquidity & Funding
Loans / Deposits90.98%90.25%88.63%88.92%89.42%-156 bps
Liquid Assets / Assets10.47%8.26%8.36%8.15%8.25%-222 bps
CRE / Total Capitaln/an/an/an/an/an/an/a