# GREER STATE BANK
GREER, SC · FDIC certificate 27413 · asset band $300M-1B · latest filing 2016-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $377.4M | |
| Deposits | $295.7M | |
| Loans and leases | $212.2M | |
| Total equity | $39.9M | |
| Loans / deposits | 70.71% (p25 of band) | 83.90% |
| Liquid assets / assets | 39.66% (p81 of band) | |
| Uninsured deposits / deposits | 19.98% (p47 of band) | 21.07% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 10.20% (p67 of band) | |
| FHLB advances / assets | 7.55% | |
| Tier 1 leverage | 10.48% (p57 of band) | 10.15% |
| Unrealized securities loss / equity | -3.98% (p15 of band) | -0.98% |
| AOCI / equity | -2.30% (p28 of band) | |
| ROA (annualized) | 0.86% (p43 of band) | 0.94% |
| Net interest margin | 3.09% (p17 of band) | 3.62% |
| Efficiency ratio | 73.15% (p66 of band) | |
| Noncurrent loans | 3.12% (p96 of band) | 0.61% |
| Net charge-offs (annualized) | -0.02% (p10 of band) | |
| Reserve coverage of noncurrent | 46.95% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 82.71% (p83 of band) | |
| Auto loans | $3.0M (1.41% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 7.3% | |
| Employees | 83 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | wholesale funding >15%, leverage <7%, expense ratio p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 | losing money |  |
| 2011-09 | 6 |  |  |
| 2011-12 | 5 |  | leverage <7% |
| 2012-03 | 5 | deposits shrinking, assets shrinking | expense ratio p90, losing money |
| 2012-06 | 5 |  |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 4 |  | reserve under noncurrent |
| 2013-03 | 3 |  | wholesale funding >15% |
| 2013-06 | 3 | wholesale funding >15%, reserve under noncurrent | construction >100% equity, assets shrinking |
| 2013-09 | 2 |  | deposits shrinking |
| 2013-12 | 1 |  | reserve under noncurrent |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2015-06 | 2 |  | wholesale funding >15% |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2017-02-02 [Testimony in Michael Benanti trial reveals victims unaware - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMiugFBVV95cUxPRDVSTE1CTE5lOF9uOWRtcTkxRXlXdzJmNUQ4RlBqdG9uQzFpbHFOczNuWkdVNVZKU3gyLW5sVW1GaG5zalYzVHRIU1kwY1RNN2tDYWZRTTdaeHdPQncxblNORmYyczJhUS1qSmVfZGtZRWVRWF8zZUFacExtT3dLUU9uaE82enl0QVFnVGw3MWRwaWQyNzNaakt5OHQ0WUZMcllQUXU0NExCRE1XRE5xTjZkRUF1RVJSYWc?oc=5) · Knoxville News Sentinel
- 2017-08-04 [Patricia Ann Wellmon - View Obituary & Service Information - The Wood Mortuary](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqREF1YWxzQnFRYXZHODIxZXhVMnhUR0p4eG1XQ2NGSlV6dE9lNk5YZDJFeVNnQU12Vk1XUDJ4ZGt3bWRFNXU0SjdoVDc2b1ZpTFhCUUNRbFR1VWdBaWt2R016LXpsYV94Nm5LMHNwZw?oc=5) · The Wood Mortuary
- 2013-12-30 [Greater Greer accomplishments - Greenville Online](https://news.google.com/rss/articles/CBMimAFBVV95cUxPUF9rb2dNYnVRbl9WUGZNRXpadjl4NS1oR3d6WlBOZkt0S2RTUlZoMlMwd0FZYnh1WGpsdzI2QUtlZHVLejYxOElKaWZqa1g5N280ZGJ0WjJQVVJCT1pncm9veklwcjhvdDZhTFBfcUNoWEU3cUtKc29iWVNGeW5TcXkzOFpjUjMxS3lFOU51Y2hLMGxpazlrVA?oc=5) · Greenville Online
- 2025-07-14 [John William "Bill" Hughes Obituary (2025) - Lyman, SC - Living Waters Funeral Home & Crematory - Lyman - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE1HblZsN3BSYXVyczYwUzVjbF8zMm54ejF0bzVyQzRHdlYtaDBPV0J0TUlkejJITTUteGhFNmV1TEtQSFFQMlJVYjE1NnoxTVNWc1Exd0VpaDFoVE1yTEUwbEkycnpjT3k2LWlTdWgzQ09EY2lnTHZkMkwxLVI3MG8?oc=5) · legacy.com
- 2007-07-14 [Joe Copeland Obituary - Visitation & Funeral Information - The Wood Mortuary](https://news.google.com/rss/articles/CBMib0FVX3lxTE02bFZYWnMwRmptdzZTaHVGVl9OZnFVdUdyMzhwYnZsMUNIVE5wWEVkU3JQb21LM0c5NHFTSURnbkVGUF9ubHhKNHBjbnhPODMwSVhEWVBzUV94Z0hUeEpCTXlJZnVHNVZXNnZzTkFIbw?oc=5) · The Wood Mortuary
- 2015-12-22 [Bush gets more than 20 Upstate business leaders' endorsements - Greenville Online](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNY29pOWNBSmI0YXhHeHRrWU1MTWtPMUd4bkJsdWxfUS1hb3RHSU5oREFVcjlUVS04NXMwbmFrZzFuVUhKc1ZwOEJPQmJvR2Z6ajg5MXNNX25Cc0ZWVTZHeUFjUWhzNnQtci1YUVppNWVuQWVvUlR1VXNHdl9ia0lXTTZIbHlWcElXZ3YxS3AxaGNvNzRtZ19Rd3BIOEtncmhXX0VqOHlDSzdhSVBidXl5QlpHbFhocDBENkdDSU9Tb25FblU?oc=5) · Greenville Online
- 2001-04-08 [Pamela Harrill Obituary (2001) - Greer, SC - The Greenville News - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxOR1g4Nm5KQWl4Q01uRFBTcl9IQkxpdUQ4dERlblN4ZEZucTZ0cFlyNXdqOFRTbUhDRG82cXpJZ2JFNGVyU1ZXVm9rTjR5NHJ2VHduX0Z6YjRMM1lvczNabU41cDVYcWd1Qk1uVWJPdktEYkVEcThkUFFhT2xzMXpYYjkzVGozT283WDV5bnZvUC1zRmlSUUt0Sm9n?oc=5) · legacy.com
- 2014-08-26 [Greer area church news - Greenville Online](https://news.google.com/rss/articles/CBMioAFBVV95cUxPYU1tLW93SERadFk5VFZYc0F1cVFPaFpxZFRjbThpU1k5Z3lqV3JWcExrVWJibVRSQktNYVBJb0RTTDRMUzRjcnJ2bnV6Y3pmVi1xUzc1RFR4ckRLMHBTaUJ1ajdyZUttNklnMVRjOGRTejN4QlMxck14N0xxNy05amdoUk0tRHl5dXJuS245UWVqN0gzVmpPRWZuaUFDSzNn?oc=5) · Greenville Online

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27413 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/21.json (key "27413", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide