Vitals
  • Total Assets
    3.2B -4.0 %
  • Total Deposits
    2.6B -6.2 %
  • Total Net Loans
    2.4B -9.0 %
  • Net Income
    15.7M -2.0 %
  • Book Value
    341.4M 11.0 %
  • Book Value x2
    682.8M 11.0 %
  • Book Value x3
    1.0B 11.0 %
ROAA

.984

ROAE

9.398

Efficiency Ratio

67.736

Net Interest Margin

4.671

Balance Sheet Highlights
Financial Highlights First Federal Bank All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 3,165,281 416,712
Total Net Loans 2,414,623 259,898
Total Deposits 2,557,803 349,226
Total Equity 341,389 40,629
Profitability
Net Income 15,694 1,469
Return on Average Assets .984 .547
Return on Average Equity 9.398 5.384
Net Interest Margin 4.671 3.697
Efficiency Ratio 67.736 80.251
Noninterest Income/Revenue 26.863 21.744
Balance Sheet Ratios
Loan-to-Deposit 94.402 71.38
Securities/Assets .095 .194
Total Equity/Total Assets .108 .097
Tangible Equity/Tangible Assets .1 .094
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 335,662 40,512
Tier 2 Capital 28,132 3,554
Total Capital 363,794 44,057
Total Risk Weighted Assets 2,194,897 277,513
Leverage Ratio 10.58 9.764
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 15.29 15.149
Total Capital Ratio 16.57 16.391

Timeline for First Federal Bank

South State Bank

First Federal Bank was acquired by South State Bank 10 years

View Profile Jul 27 2013

First Southeast Reinsurance Company, Inc.

First Southeast Reinsurance Company, Inc. became a new subsidiary organization for First Federal Bank.

View Profile Nov 28 2012

Plantation Federal Bank

Acquisition: First Federal Bank acquired a new subsidiary, Plantation Federal Bank, 12 years

View Profile Apr 28 2012

Port City Ventures, Llc

Port City Ventures, Llc became a new subsidiary organization for First Federal Bank.

View Profile Feb 22 2012

Carolopolis Corporation, Inc., The

Carolopolis Corporation, Inc., The became a new subsidiary organization for First Federal Bank.

View Profile Feb 22 2012

Want to see more?

Complete timeline for First Federal Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
South State Bank Buyer 8,794,031 Acquisition Discontinued 7/27/2013
Plantation Federal Bank Seller 433,512 Failure 4/28/2012
Cape Fear Bank Seller 492,418 Failure 4/11/2009
Peoples Federal Savings And Loan Association Of South Carolina Seller 651,269 Discontinued 8/31/2002
Relationships Role Relationship Start Relationship End
First Financial Holdings Inc. Parent 7/21/2011 7/26/2013
First Financial Holdings Inc. Parent 10/2/1991 7/20/2011
First Southeast Reinsurance Company, Inc. Subsidary 11/28/2012 7/26/2013
Port City Ventures, Llc Subsidary 2/22/2012 7/26/2013
First Reinsurance Holdings, Inc. Subsidary 7/21/2011 11/28/2012
Atlantic Acceptance Corporation Subsidary 7/21/2011 10/4/2012
Carolopolis Corporation, Inc., The Subsidary 2/22/2012 6/15/2012
First Reinsurance Holdings, Inc. Subsidary 4/1/2011 7/20/2011
Atlantic Acceptance Corporation Subsidary 4/1/2011 7/20/2011
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