Call reports 2023
1ST FEDERAL SAVINGS BANK OF SC, INC. — 2023
What 1ST FEDERAL SAVINGS BANK OF SC, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 145,981,000 | 152,059,000 | 154,140,000 | 157,957,000 |
| Total loans | 99,376,000 | 105,331,000 | 110,699,000 | 118,139,000 |
| Allowance for loan losses | 864,000 | 890,000 | 918,000 | 938,000 |
| Securities available for sale | 18,553,000 | 15,904,000 | 15,130,000 | 14,637,000 |
| Securities held to maturity | 13,067,000 | 13,078,000 | 13,103,000 | 13,134,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,166,000 | 131,630,000 | 137,603,000 | 124,837,000 |
| Interest-bearing deposits | 107,551,000 | 103,596,000 | 106,275,000 | 99,636,000 |
| Noninterest-bearing deposits | 26,615,000 | 28,034,000 | 31,328,000 | 25,201,000 |
| Equity capital | 9,645,000 | 9,984,000 | 10,138,000 | 10,625,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,361,000 | 2,886,000 | 4,439,000 | 6,082,000 |
| Interest expense | 126,000 | 375,000 | 664,000 | 1,026,000 |
| Net interest income | 1,235,000 | 2,511,000 | 3,775,000 | 5,056,000 |
| Noninterest income | 160,000 | 333,000 | 514,000 | 774,000 |
| Noninterest expense | 1,139,000 | 2,301,000 | 3,527,000 | 4,839,000 |
| Provision for loan losses | 15,000 | 43,000 | 73,000 | 95,000 |
| Pretax income | 241,000 | 481,000 | 662,000 | 821,000 |
| Income tax | 61,000 | 122,000 | 161,000 | 195,000 |
| Net income | 180,000 | 359,000 | 501,000 | 626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,874,000 | 12,054,000 | 12,195,000 | 12,321,000 |
| Total capital | 12,738,000 | 12,944,000 | 13,113,000 | 13,259,000 |
| Risk-weighted assets | 72,870,000 | 75,769,000 | 78,664,000 | 83,502,000 |