Regulatory Matters

12 Months Ended

Dec. 31, 2011

Regulatory Matters

Regulatory Matters

Note 27—Regulatory Matters

        The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's and Bank's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the assets, liabilities, and certain off-balance- sheet-items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies.

        Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). Management believes, at December 31, 2011 and 2010, that the Company and the Bank met all capital adequacy requirements to which they are subject.

        As of their most recent regulatory examinations, the Company and the Bank were considered well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events subsequent to the most recent examinations that management believes have changed the institutions' category.

        Actual capital amounts and ratios are presented in the table below:

	Actual					Minimum Capital Requirement					Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions
(Dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio
December 31, 2011:
Total risk-based capital (to risk-weighted assets):
Consolidated	$	385,049		15.36	%	$	200,542		8.00	%		n/a		n/a
SCBT, N.A.		379,751		15.15	%		200,516		8.00	%		250,644		10.00	%
Tier 1 capital (to risk-weighted assets):
Consolidated		353,102		14.09	%		100,271		4.00	%		n/a		n/a
SCBT, N.A.		347,808		13.88	%		100,258		4.00	%		150,387		6.00	%
Tier 1 capital (to average assets):
Consolidated		353,102		9.12	%		154,934		4.00	%		n/a		n/a
SCBT, N.A.		347,808		8.99	%		154,810		4.00	%		193,513		5.00	%
December 31, 2010:
Total risk-based capital (to risk-weighted assets):
Consolidated	$	332,855		14.60	%	$	182,434		8.00	%		n/a		n/a
SCBT, N.A.		328,971		14.43	%		182,418		8.00	%		228,023		10.00	%
Tier 1 capital (to risk-weighted assets):
Consolidated		304,116		13.34	%		91,217		4.00	%		n/a		n/a
SCBT, N.A.		300,233		13.17	%		91,209		4.00	%		136,814		6.00	%
Tier 1 capital (to average assets):
Consolidated		304,116		8.48	%		143,379		4.00	%		n/a		n/a
SCBT, N.A.		300,233		8.38	%		143,285		4.00	%		179,107		5.00	%