Call reports 2021
1ST FEDERAL SAVINGS BANK OF SC, INC. — 2021
What 1ST FEDERAL SAVINGS BANK OF SC, INC. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 123,870,000 | 130,905,000 | 132,252,000 | 129,090,000 |
| Total loans | 73,551,000 | 75,698,000 | 74,476,000 | 77,038,000 |
| Allowance for loan losses | 928,000 | 932,000 | 930,000 | 874,000 |
| Securities available for sale | 15,702,000 | 18,278,000 | 18,319,000 | 23,733,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,396,000 | 117,139,000 | 120,348,000 | 117,721,000 |
| Interest-bearing deposits | 91,060,000 | 93,598,000 | 97,337,000 | 99,009,000 |
| Noninterest-bearing deposits | 20,336,000 | 23,541,000 | 23,011,000 | 18,712,000 |
| Equity capital | 10,298,000 | 11,187,000 | 11,315,000 | 11,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 871,000 | 1,779,000 | 2,668,000 | 3,538,000 |
| Interest expense | 113,000 | 209,000 | 293,000 | 361,000 |
| Net interest income | 758,000 | 1,570,000 | 2,375,000 | 3,177,000 |
| Noninterest income | 593,000 | 957,000 | 1,335,000 | 1,667,000 |
| Noninterest expense | 1,057,000 | 2,148,000 | 3,195,000 | 4,327,000 |
| Provision for loan losses | 13,000 | 20,000 | 20,000 | -30,000 |
| Pretax income | 281,000 | 1,428,000 | 1,570,000 | 1,639,000 |
| Income tax | 70,000 | 363,000 | 400,000 | 420,000 |
| Net income | 211,000 | 1,065,000 | 1,170,000 | 1,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,305,000 | 11,160,000 | 11,265,000 | 11,313,000 |
| Total capital | 10,973,000 | 11,850,000 | 11,942,000 | 12,034,000 |
| Risk-weighted assets | 53,252,000 | 54,968,000 | 53,934,000 | 57,534,000 |