# PLANTATION FEDERAL BANK
PAWLEYS ISLAND, SC · FDIC certificate 32503 · asset band $300M-1B · latest filing 2012-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 13 (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 | $433.5M | |
| Deposits | $415.9M | |
| Loans and leases | $322.5M | |
| Total equity | $-22.5M | |
| Loans / deposits | 74.43% (p49 of band) | 74.71% |
| Liquid assets / assets | 21.20% (p23 of band) | |
| Uninsured deposits / deposits | 3.51% (p8 of band) | 12.43% |
| Brokered deposits | 0.15% | |
| Wholesale funding | 8.45% (p61 of band) | |
| FHLB advances / assets | 8.30% | |
| Tier 1 leverage | -5.19% (p0 of band) | 9.54% |
| Unrealized securities loss / equity | – | 3.32% |
| AOCI / equity | – | |
| ROA (annualized) | -23.98% (p0 of band) | 0.80% |
| Net interest margin | 2.12% (p2 of band) | 3.67% |
| Efficiency ratio | 533.65% (p100 of band) | |
| Noncurrent loans | 11.36% (p96 of band) | 1.96% |
| Net charge-offs (annualized) | 11.73% (p100 of band) | |
| Reserve coverage of noncurrent | 35.23% | |
| Real estate % of loans | 91% | |
| Construction % of loans | – | |
| Auto loans | $425,000 (0.13% of loans; DQ 4.24%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | -20.6% | |
| Employees | 72 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 | noncurrent p90 |  |
| 2011-09 | 11 | capital falling, charge-offs p90 |  |
| 2011-12 | 11 |  |  |
| 2012-03 | 13 | deposits shrinking, assets shrinking, uninsured deposits leaving | construction >100% equity |

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

- 2012-04-27 [First Financial acquires Plantation Federal - WMBF](https://news.google.com/rss/articles/CBMijAFBVV95cUxPZE1sWUhvZm9rRU16MjR6b0NDXzNtekN6UEhDUERJM3FNdjdndDJ2c1A5RF9vclo3ZkdMcEc2YWpUemxwaHVVbkFkNExhSnQxWFI2dlVkWHVxdmpRS0xyRUFza05zVVMySV9UQnk3YjVaQ1J4dnV5Nm1Vd3dNeWc3UGgtRTFHMEFNOVBEX9IBnwFBVV95cUxPOFlMYWdicDJfb2Q1Z1BqOTQtU1Q3bnRQWThubmZ4cFROLU0yTHdGWWNlQUpTUVF1eVBjR3R1dEczMHVZN0U5Rk1abnZTS2hGZGk4MnBBa0Zna2k5ZG8wTFFIQ081cEtVTENScXhHb3hrbkZac2NkdFVPdVRrNHhNd0I0X2dEX0ZadXVteWJoSmUzNnIwWldVUlNRRDd2bGs?oc=5) · WMBF
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2018-07-27 [Timothy A Capps Obituary - Visitation & Funeral Information - Goldfinch Funeral Services](https://news.google.com/rss/articles/CBMie0FVX3lxTE45WjJ3S1diMDR1OS02aHNrSi1Tb0RpMi1MRUdaNXFxR3NTUWpDUUllQlpQRkZGQk1tWXhYWDJRYlFncGY1U0JOeGs5SHUxOGp6QjlQVGRYZ3Y0RnNXUXpYMTU0anJMRlh6NVlsYUxZb055VUp1RHRYbHliZw?oc=5) · Goldfinch Funeral Services
- 2021-06-18 [Obituary for Pamela Elinor Lawrimore - burroughsfh.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTFBhMmx4djdaNVZzMWRRdTB1Y0hwYWJ5M2czZi03SlFIYThGczU4NTJTemlVaFFvVnR1a2xMSG5ST3V1cEdXOEo5YmZ3cnotRks2OExyNU9nOU9SOWVVcENPcVdGYw?oc=5) · burroughsfh.com
- 2023-03-13 [The collapse of Silicon Valley Bank: What does it mean? - CBC](https://news.google.com/rss/articles/CBMifEFVX3lxTE5hczFoVGFySV9FMFdlRk15bUt0YWYyc0p5aEdqMmU1cjJ5ejJsaEtBZWZzQ1hZdnRzS0dRa3FUZmFNeXRRTDJ2R3lRc1dkMlZHX0d0Vk9zZWtXR05WencydFk0dFdYN0NKbG9HM0s4bE1TbGRzU3JEWHdMb2w?oc=5) · CBC
- 2024-01-22 [Lou Lachicotte Obituary (2024) - Georgetown, SC - Ridgeway Funeral Home - Georgetown - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQRDFKZUdYUWxVOU9wWFNKN216d0FXcjAwSVZ4QlZhZUJVamlJVDBoYkV2VXNUZUtncTkyZ2x0SlN6MUFLM184aTJ3WXZDTnNINU11QWgxOE8wVTBISUhGd0tPSF9XSk5pVkw5YzBocnpha09XRDVIRGhHZGhPT2NWR244WQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32503 (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/55.json (key "32503", 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