# TIDELANDS BANK
MOUNT PLEASANT, SC · FDIC certificate 57594 · asset band $300M-1B · latest filing 2016-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $445.4M | |
| Deposits | $398.1M | |
| Loans and leases | $321.5M | |
| Total equity | $22.7M | |
| Loans / deposits | 79.90% (p41 of band) | 83.96% |
| Liquid assets / assets | 17.68% (p28 of band) | |
| Uninsured deposits / deposits | 7.84% (p7 of band) | 19.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.16% (p44 of band) | |
| FHLB advances / assets | 2.92% | |
| Tier 1 leverage | 5.04% (p1 of band) | 10.13% |
| Unrealized securities loss / equity | -0.31% (p2 of band) | 2.47% |
| AOCI / equity | 3.90% (p91 of band) | |
| ROA (annualized) | -1.27% (p0 of band) | 0.92% |
| Net interest margin | 3.26% (p27 of band) | 3.59% |
| Efficiency ratio | 137.64% (p100 of band) | |
| Noncurrent loans | 1.78% (p85 of band) | 0.67% |
| Net charge-offs (annualized) | 0.37% (p96 of band) | |
| Reserve coverage of noncurrent | 59.59% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 200.50% (p99 of band) | |
| Auto loans | $306,000 (0.10% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 76 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, losing money, expense ratio p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 |  |  |
| 2011-09 | 7 | noncurrent p90 |  |
| 2011-12 | 7 |  |  |
| 2012-03 | 6 | uninsured deposits leaving | losing money, expense ratio p90 |
| 2012-06 | 6 | expense ratio p90 | uninsured deposits leaving |
| 2012-09 | 7 | losing money |  |
| 2012-12 | 8 | capital falling |  |
| 2013-03 | 7 | assets shrinking | charge-offs p90, capital falling |
| 2013-06 | 6 |  | assets shrinking |
| 2013-09 | 7 | assets shrinking |  |
| 2013-12 | 7 |  |  |
| 2014-03 | 8 | deposits shrinking, uninsured deposits leaving | losing money |
| 2014-06 | 5 |  | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2014-09 | 4 |  | noncurrent p90 |
| 2014-12 | 4 |  |  |
| 2015-03 | 6 | losing money, noncurrent p90 |  |
| 2015-06 | 5 |  | noncurrent p90 |
| 2015-09 | 7 | capital falling, charge-offs p90 |  |
| 2015-12 | 6 |  | capital falling |
| 2016-03 | 6 |  |  |
| 2016-06 | 8 | deposits shrinking, assets shrinking |  |

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

- 2017-11-29 [Sale of ailing Tidelands Bank is finalized - Post and Courier](https://news.google.com/rss/articles/CBMizAFBVV95cUxNaEd1VnhNLVZLU0pfWGN1ME91cHJVRlVuWFQ5dFN3YzRoLVFSSmRMaTNfTG1JSkVSLUZ1cmZQN1o4YURZTHpKVXNzcTlGaEt5cnhMR19oY3p4TENmVmg3bFJ5cmlZOHZ3YmZUSE1lTTk1SGFFT3FENmhlYUZCZGMzeTRvb0w0eWJrbWtIT1RyT0NoTi1OYmVjeEJqaWxGalBUY1ZBTGZqYWYzSU1Gd1pMQ3hXQnEzaWh3a25xamQ3c0ZSeW9sR1pJT25wWjY?oc=5) · Post and Courier
- 2021-02-03 [United CEO: Bank Growth Goes Through Greenville - Greenville Business Magazine](https://news.google.com/rss/articles/CBMingFBVV95cUxQaU9PZnBJcU0tSzBNXzRQaGpsa0RmZFVXNTVrTWxvMWI5OG5BX1ZENXlRSFFmeWtuU1o1MzRzbmgwODY1WGV5cW1yNEhNSC1TbHlOMUhNWVJSalk4eG5BUkNIcV9vRjRKQkJoQm1zUEtkSHh6aHM4YXd4Z2t3QVZxQkE0WWN3VGlHVldYbkw4a2c1ZU1QSHVqRTFNck1rdw?oc=5) · Greenville Business Magazine
- 2017-07-26 [Higher profits, question about provision at United Community Bank - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxNQkZIOGhDckxWUnhxTkY1Zmc1NzhQM19HX1lxQXZnNVN2TXg3TjVVM1MweVBxMFhCT2N2VTZWMks1U3VCUDl2RTlVbHgwNkJGZTFNSkFHMWlmZVR0Wk5LUEpILXFOYUh4SDBITFp4bEc4OEY0RnJMRGNka3JHVWxlbmM2azBMd2kzRHdrWlRTZVd2YndTdlFqbzhCVEtZVHNmOEE?oc=5) · American Banker
- 2016-04-04 [United Community Bank grows in the Lowcountry - Greenville Online](https://news.google.com/rss/articles/CBMiswFBVV95cUxQa1VUNmVMb0xHSTdRX01YRE9WaTItU2NLRm1YNncwdy1nR2Jub2NmcXZ0c2hkUmF5clZWQy1WRG1JQ0dlNWE0YTU0aktHSEVaZG9hOFU4ZTJDOUxfRWJyYi1NX1RVbUdGdjBmdGFhTXFZVndET2t1MFJuLWo4Uy15c01SNldIbXdodXZuOUJFVU1hSEFqbl9lWUgxTmhKcFAzRkZSTV8tTkhkSHA1SExpUHpTcw?oc=5) · Greenville Online
- 2023-08-25 [John Alfred Larisey Obituary Aug 22, 2023 - obits.jhenrystuhr.com](https://news.google.com/rss/articles/CBMiVEFVX3lxTFAwa1pZcV9tdmkyUHM0c29SUks5U3FkbEs4VnpaRks0cllvbVdQaXloT29ObHVXNVp6Wk9PSmxQeGhtZXVwWGljbHpQekxRaURMSGtMVg?oc=5) · obits.jhenrystuhr.com
- 2020-05-01 [United Community Bank names coastal banker as manager of S.C. operations - Post and Courier](https://news.google.com/rss/articles/CBMijAJBVV95cUxOUEhOaVFBeWxTODFCRXcxUF9yUXpFSUlLaFBEcC15VGlzSEpmaTJuZGJ3a0VEUnVpRFBHQ2xUcnVpTXgwY3dVcF9sVGFaZ0psMlVOYjNUOGl2VTlRaXo3V2p2YnpRVEQwd1VnWUxQNlV0MkJXejZRVkJWeC1kbm0zWVZvbktiU2Q1WHQ3NGZYVW1jN1cwMkg3azdnWVpmYXc4WXZlTFhiQkVyWm52QU1JUE1hSmhIUFpLbDVHbktld18zS0FDbmdmTUJKZVg1SWNqUmd2Vl9rVVd0R1ZSRUVpcHBYelNYbmJwWTdOc0t2NHRxRnNnVG5seFdpQ0QwZVBxYTg1dXNKb3RsMGhr?oc=5) · Post and Courier
- 2021-02-03 [Grand Strand mall back in legal limbo as lawsuit alleges millions in unpaid bills - myrtlebeachonline.com](https://news.google.com/rss/articles/CBMidEFVX3lxTE5wTFFyZG81REhEUEphaE52ODM4c3pFYXNrWXo1bDhKWkRKcWlDdHB2VjhnWGtHSXhSdFNtZWF5MHdnbDZCOVEtR1pwazR5d194WDFYT0hJbGIzb0hFdmx3Mnp0MXUzWXI3Q1h3M2dWU2FTYm030gF0QVVfeXFMUC1yTERkYVd4ZnRMb0k5aG5zWmd2RTJNb0g4RS1PYTdqQ2N6eDJLTFJGSm5yTnd3REZvaXJyVm9WczN2RkVQbjdPU21qOFhDMjFtRlE3M0s1dGEtcm1UajBxV3V4LVM5WU5NZzhnbkY4eWtnYUw?oc=5) · myrtlebeachonline.com
- 2023-11-26 [SC's 1st new bank in years makes HQ move to Mount Pleasant - Post and Courier](https://news.google.com/rss/articles/CBMi9wFBVV95cUxPYzJRQjBRLWZ3Q2JVaUptLWFhRmFUV3lBWkhRakNsVWNDUE1qVldxckp1NW5Cb0xSRERXVE1HVHJyOVlWWVVvaTA0OTdrZ2F1aC1hbEpmcmFNdEtaNXl1MnZGSlpicWZ0SGNIQm5ocndxVV9xeU1qaVR4dXhVYzU2UkhWY3Y0LTI3UXhoa3l0bkJFMEctLXAwTVhRaHBNN0wydzhseEJzYmJZOS1CMlBLTVdDRFhGcTc2REEwcUhPM3B0OUkzcndMU2g0eEczZlUtT2JvUWV3bUxSVndyN29vb0dsanRkbWN6VGJmVWdpVHBXVkZMdFVZ?oc=5) · Post and Courier

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57594 (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/58.json (key "57594", 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