Beacon Community Bank
Mount Pleasant, South Carolina · FDIC Cert #59106
Beacon Community Bank is an FDIC-insured bank (Certificate #59106) with $710M in total assets and $544M in total deposits as of the Q2 2024 Call Report. Headquartered in Mount Pleasant, South Carolina, the bank maintains a Tier 1 capital ratio of 7.64% (Adequately Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of C (52/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Beacon Community Bank (FDIC cert 59106) is a community bank — $710M in total assets, $544M in deposits, serving the Mount Pleasant, South Carolina area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is below the well-capitalized regulatory threshold: Tier 1 capital ratio of 7.64% is in territory that triggers heightened FDIC oversight and prompt-corrective-action requirements depending on the specific shortfall. Asset quality is clean: non-performing loan ratio of 0.00% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 9.5% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.20% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Beacon Community Bank carries a composite BankHealth grade of C (52/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Beacon Community Bank
- Total Assets
- $710M
- Total Deposits
- $544M
- Tier 1 Capital Ratio
- 7.64%
- Capital Status
- Adequately Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 9.46%
- Return on Assets
- 0.20%
- Headquarters
- Mount Pleasant, South Carolina
- FDIC Certificate
- #59106
- Health Grade
- C (52/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Beacon Community Bank holds a Tier 1 capital ratio of 7.64%. This meets the minimum 6% threshold for "adequately capitalized" but falls short of the 8% "well-capitalized" standard.
Key Financial Metrics
What This Means For Your Money
Beacon Community Bank shows average financial health. While not alarming, its Health Score of 52/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Beacon Community Bank Compares
Beacon Community Bank’s Health Score of 52 is 22 points below the South Carolina state average of 74 across 38 FDIC-insured banks. Its 7.64% Tier 1 capital ratio is 6.4 points below the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.20% is below the national ROA benchmark of ~1.1%. Among 1252 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Beacon Community Bank is 18 points below the portfolio average of 70.
Frequently Asked Questions
Beacon Community Bank has a Bank Health Score of C (52/100), placing it in average financial health. It holds a Tier 1 capital ratio of 7.64%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Beacon Community Bank's Tier 1 capital ratio of 7.64% and nonperforming loan ratio of 0.00% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Beacon Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #59106). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Beacon Community Bank holds $710M in total assets and $544M in total deposits. It is headquartered in Mount Pleasant, South Carolina (FDIC Certificate #59106).
Beacon Community Bank has a Tier 1 capital ratio of 7.64%, classifying it as "Adequately Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 0.20%.
Yes. Beacon Community Bank is FDIC-insured (Certificate #59106). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Beacon Community Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.