3-1. Comparative Statement of Condition of South Carolina State Banks (in thousands):
June 30, 1992-1995

ASSETS AND LIABILITIES                                           1992          1993          1994          1995

 ASSETS:

 Cash & Due from Depository Institutions                      $283,370      $333,050      $378,754       $499,433 
 Securities                                                 $1,576,277    $1,790,418    $1,893,832     $2,620,356 
 Federal Funds Sold & Securities Purchased    1/              $173,006      $232,221      $152,949       $423,134 
 Loans, Net of Unearned Income & Reserve for Losses  *      $3,285,330    $3,628,545    $4,093,389     $6,855,628 
 Bank Premises, Furniture & Fixtures                          $126,815      $142,483      $154,225       $228,387 
 Other Real Estate Owned                                       $10,294       $11,730        $8,886         $9,922 
 All Other Assets                                             $114,698      $118,294      $143,670       $220,665 
   TOTAL ASSETS                                             $5,569,790    $6,256,741    $6,825,705    $10,857,525 


 LIABILITIES:

 Deposits                                                   $4,918,033    $5,512,463    $5,979,902     $8,639,669 
 Federal Funds Purchased & Securities Sold    1/              $111,077      $153,525      $180,928       $728,886 
 Demand Notes to U.S. Treasury & Other Borrowed Money          $14,703       $10,409       $17,279       $396,954 
 Mortgage Indebtedness & Liability for Capitalized Leases       $2,750        $2,462        $2,597         $2,442 
 Other Liabilities                                             $43,296       $41,175       $48,065       $170,923 
 Subordinated Notes & Debentures                                $2,500         ---           ---           ---
 Preferred Stock                                                 ---           ---           ---           ---
 Common Stock                                                  $82,605       $82,520       $82,705        $88,077 
 Surplus                                                      $261,484      $310,515      $347,733       $595,668 
 Undivided Profits & Capital Reserves                         $133,342      $143,672      $166,496       $229,971 

   TOTAL LIABILITIES                                        $5,569,790    $6,256,741    $6,825,705    $10,857,525 

*Reserve for Possible Loan Losses:                             $50,501       $57,208       $60,904       $101,817 

1/ Securities purchased or sold under agreements to resell or repurchase.

Note: Detail may not add to totals due to rounding; Number of State Banks and Branch Offices as of June 30, 1995: 53 Banks, 400 Branches, 1 Night Depository, 0 Military Facilities, 0 Temporary Seasonal Facilities, 35 Free- Standing automatic teller machines, and 11 Scrip Machines.

Source: S.C. State Board of Financial Institutions, Annual Report 1994-1995.