$233M
total assets, June 30, 2011
BankMeridian, N.A. was a national bank in Columbia, SC. It failed on Jul 29, 2011, and SCBT National Association took over its deposits. At its last report it held $232.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2011
This bank failed
- Failed on
- Jul 29, 2011
- Assets
- $233M
- Deposits
- $210M
- Estimated cost
- $49.2M
- Deposits went to
- SCBT National Association, Orangeburg, SC
Total assets
$233M
-19.0% in a year · -3.0% in a quarter
Deposits
$210M
-12.9% in a year · -2.7% in a quarter
Loans
$160M
-25.8% in a year · -9.0% in a quarter
Profit so far
-$6.5M
Jan 1 to Jun 30, 2011
Capital ratio
0.65%
-5.69 pts in a year
Return on assets
-5.38%
-4.16 pts in a year
Facts
- Type
- National bank
- Head office
- 1320 Main Street, Columbia, SC, 29201
- County
- Richland
- Established
- May 18, 2006
- Failed
- Jul 29, 2011
- Employees
- 34
- Branches
- 3
- Id
- b58222
Quarter by quarter
June 30, 2006 to June 30, 2011
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is BankMeridian, N.A.?
$232.6 million in total assets and $209.7 million in deposits as of June 30, 2011, with assets down 19.0% from a year before. Its loans were $160.3 million.
How many branches does BankMeridian, N.A. have?
3 branches in South Carolina as of June 30, 2026.
Is BankMeridian, N.A. profitable?
No: it lost $6.53 million from January 1 to June 30, 2011. Its return on assets was -5.38% a year; about 1% is typical.
When did BankMeridian, N.A. fail?
Jul 29, 2011. SCBT National Association of Orangeburg, SC took over its deposits. The estimated cost of the failure was $49.2 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.