Call reports 2020
1ST FEDERAL SAVINGS BANK OF SC, INC. — 2020
What 1ST FEDERAL SAVINGS BANK OF SC, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 98,844,000 | 113,023,000 | 116,293,000 | 116,752,000 |
| Total loans | 81,569,000 | 76,984,000 | 77,233,000 | 74,785,000 |
| Allowance for loan losses | 866,000 | 879,000 | 881,000 | 917,000 |
| Securities available for sale | 6,508,000 | 6,304,000 | 7,400,000 | 7,469,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,261,000 | 97,960,000 | 101,860,000 | 104,368,000 |
| Interest-bearing deposits | 69,266,000 | 75,337,000 | 83,799,000 | 88,218,000 |
| Noninterest-bearing deposits | 17,995,000 | 22,623,000 | 18,061,000 | 16,150,000 |
| Equity capital | 9,357,000 | 9,756,000 | 10,070,000 | 10,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,056,000 | 2,066,000 | 3,075,000 | 3,994,000 |
| Interest expense | 145,000 | 278,000 | 413,000 | 537,000 |
| Net interest income | 911,000 | 1,788,000 | 2,662,000 | 3,457,000 |
| Noninterest income | 273,000 | 857,000 | 1,472,000 | 2,096,000 |
| Noninterest expense | 1,000,000 | 2,020,000 | 3,044,000 | 4,189,000 |
| Provision for loan losses | 15,000 | 30,000 | 55,000 | 95,000 |
| Pretax income | 169,000 | 595,000 | 1,035,000 | 1,269,000 |
| Income tax | 38,000 | 155,000 | 275,000 | 342,000 |
| Net income | 131,000 | 440,000 | 760,000 | 927,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,299,000 | 9,608,000 | 9,928,000 | 10,095,000 |
| Total capital | 9,994,000 | 10,306,000 | 10,641,000 | 10,775,000 |
| Risk-weighted assets | 55,501,000 | 55,699,000 | 56,920,000 | 54,164,000 |