This institution is no longer active

Operations ceased on June 8, 2012. CRA examination history below reflects the period it was active.

WACCAMAW BANK

WHITEVILLE, NC · Supervised by FDIC

Est. 1997FDIC #34,515RSSD: FDIC-34515

Part ofWACCAMAW BANKSHARES INC→ View all charters

Satisfactory

Current rating · Exam: February 2000

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -2.54%

Institution Profile

FDIC BankFind

Address

110 North J.K. Powell Boulevard, WHITEVILLE, NC

County

Columbus County

Established

September 2, 1997

Total Assets

$533M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

February 1, 2000

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 26 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2012Call Report / FDIC

Total Assets

$533M

Total Deposits

$473M

Net Loans

$314M

Net Income

$-3,459K

ROA

-2.54%

ROE

-276.09%

Risk-Based Capital

2.49%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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