First Federal of South Carolina, FSB

Overview / Commentary

www.1stfederalofsc.com

843-549-2526

300 Robertson Boulevard
Walterboro, SC 29488

First Federal of South Carolina, FSB is headquartered in Walterboro and is the 41^st largest bank in the state of South Carolina. It is also the 4,292^nd largest bank in the nation. It was established in 1962 and as of December of 2018, it had grown to 25 employees at 2 locations. First Federal of South Carolina, FSB's money market rates are 14% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2018

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Federal of South Carolina, FSB has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	31410
Year Established	1962
Employees	25
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.2%
Return on Equity - YTD	14.85%
Annual Interest Income	$3.6MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$89.5MM$84.0MM
Loans	Q4 2018vs Q4 2017	$71.1MM$64.3MM
Deposits	Q4 2018vs Q4 2017	$75.0MM$73.0MM
Equity Capital	Q4 2018vs Q4 2017	$8.4MM$6.1MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$877.00K$1.0MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$115.00K$208.00K
Real Estate Owned	Q4 2018vs Q4 2017	$215.00K$74.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Federal of South Carolina, FSB Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	-	-	Looney Tunes Savings Club
0.20%	$25	-	Statement Junior Savings
0.20%	$25	-	Statement Savings
0.20%	-	-	Christmas Club

First Federal of South Carolina, FSB Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$15k^*	-	Money Market Fund
OTHER TIERS: 0.10% → Up to $2.5k \| 0.25% → $2.5k - $15k

First Federal of South Carolina, FSB Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$2.5k^*	-	Super NOW Checking
OTHER TIERS: 0.10% → Up to $2.5k
0.10%	$100	-	Preferred Customer Checking
0.10%	-	-	First Class Seniors Account
0.10%	-	-	$250.00 Plus Checking
0.10%	$500	-	Non-Profit Organization/Sole Proprietorship

First Federal of South Carolina, FSB CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.77%	$1k	-	30 Month CD
1.36%	$1k	-	48 Month CD
1.26%	$1k	-	18 Month CD
1.21%	$1k	-	36 Month CD
1.11%	$1k	-	15 Month Relationship CD
1.01%	$1k	-	12 Month CD
0.90%	$1k	-	15 Month CD
0.75%	$1k	-	9 Month CD
0.65%	$1k	-	6 Month CD
0.45%	$1k	-	91 Day CD

First Federal of South Carolina, FSB IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.79%	$100	-	30 Month IRA
2.28%	$100	-	18 Month IRA
2.02%	$100	-	12 Month IRA

Locations

First Federal of South Carolina, FSB Locations
First Federal Of South Carolina, FSB	300 Robertson Boulevard	Walterboro, SC 29488
Edisto Island Branch	428 Highway 174	Edisto Island, SC 29438
St. George Branch	5561 West Memorial Blvd	Saint George, SC 29477

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