$13.2M
total assets, December 31, 1998
Victory State Bank was a state nonmember bank in Columbia, SC. It failed on Mar 26, 1999, and South Carolina Community Ba took over its deposits. At its last report it held $13.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1998
This bank failed
- Failed on
- Mar 26, 1999
- Assets
- $13.2M
- Deposits
- $12.9M
- Estimated cost
- $0
- Deposits went to
- South Carolina Community Ba, Columbia, SC
Total assets
$13.2M
-22.0% in a year · -7.2% in a quarter
Deposits
$12.9M
-17.6% in a year · -4.8% in a quarter
Loans
$7.0M
-11.2% in a year · -1.9% in a quarter
Profit so far
-$798K
Jan 1 to Dec 31, 1998
Capital ratio
1.67%
-4.68 pts in a year
Return on assets
-5.25%
-2.23 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1545 Sumter Street, Columbia, SC, 29201
- County
- Richland
- Established
- Oct 13, 1921
- Failed
- Mar 29, 1999
- Employees
- 9
- Branches
- 1
- Id
- b17200
Quarter by quarter
March 31, 1984 to December 31, 1998
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 Victory State Bank?
$13.2 million in total assets and $12.9 million in deposits as of December 31, 1998, with assets down 22.0% from a year before. Its loans were $6.97 million.
How many branches does Victory State Bank have?
1 branch in South Carolina as of June 30, 2026.
Is Victory State Bank profitable?
No: it lost $798,000 from January 1 to December 31, 1998. Its return on assets was -5.25% a year; about 1% is typical.
When did Victory State Bank fail?
Mar 26, 1999. South Carolina Community Ba of Columbia, SC took over its deposits.
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.