Call reports 2016
1ST FEDERAL SAVINGS BANK OF SC, INC. — 2016
What 1ST FEDERAL SAVINGS BANK OF SC, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 72,346,000 | 72,939,000 | 76,860,000 | 77,313,000 |
| Total loans | 48,729,000 | 49,778,000 | 54,846,000 | 56,201,000 |
| Allowance for loan losses | 774,000 | 758,000 | 876,000 | 906,000 |
| Securities available for sale | 12,881,000 | 12,909,000 | 12,494,000 | 11,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,981,000 | 66,469,000 | 70,204,000 | 70,736,000 |
| Interest-bearing deposits | 57,368,000 | 58,937,000 | 59,856,000 | 61,007,000 |
| Noninterest-bearing deposits | 7,613,000 | 7,532,000 | 10,348,000 | 9,729,000 |
| Equity capital | 4,628,000 | 4,733,000 | 4,880,000 | 4,743,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 688,000 | 1,366,000 | 2,087,000 | 2,856,000 |
| Interest expense | 24,000 | 48,000 | 72,000 | 96,000 |
| Net interest income | 664,000 | 1,318,000 | 2,015,000 | 2,760,000 |
| Noninterest income | 229,000 | 471,000 | 795,000 | 1,085,000 |
| Noninterest expense | 802,000 | 1,606,000 | 2,400,000 | 3,176,000 |
| Provision for loan losses | 0 | 55,000 | 180,000 | 210,000 |
| Pretax income | 91,000 | 128,000 | 230,000 | 459,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 91,000 | 128,000 | 230,000 | 459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,068,000 | 6,105,000 | 6,207,000 | 6,436,000 |
| Total capital | 6,546,000 | 6,591,000 | 6,732,000 | 6,972,000 |
| Risk-weighted assets | 38,012,000 | 38,630,000 | 41,674,000 | 42,574,000 |