1st Federal Savings Bank of SC, Inc.: how it compares with its peers
Against 9 SC banks with half to twice its assets, 1st Federal Savings Bank of SC, Inc.'s strongest measure in Q2 2026 is net interest margin (4.29% vs. a 3.14% peer median). Its weakest relative measure is return on assets (0.61% vs. 0.70%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.61% | 0.70% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.29% | 3.14% | Top third Ahead of 67% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 81.11% | 75.47% | Middle third Ahead of 44% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.6M | $7.0M | Middle third Ahead of 44% of peers |
| Loans to deposits Net loans and leases over total deposits. | 86.10% | 75.75% | Context |
What it means for lending operations
Its efficiency ratio of 81.11% is above the 75.47% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Spratt Savings Bank Chester, SC · $154M
- Bank of Greeleyville Greeleyville, SC · $160M
- Abbeville First Bank, SSB Abbeville, SC · $139M
- Pickens Savings and Loan Association, FA Pickens, SC · $138M
- CBL State Savings Bank Greer, SC · $191M
- Woodruff Federal Savings and Loan Association Woodruff, SC · $104M
Questions about 1st Federal Savings Bank of SC, Inc.
How big is 1st Federal Savings Bank of SC, Inc.?
1st Federal Savings Bank of SC, Inc., established in 1962, is headquartered in Walterboro, SC. It reported $152M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is 1st Federal Savings Bank of SC, Inc.'s return on assets?
0.61% annualized in Q2 2026, against a 0.70% median for 9 SC banks with half to twice its assets, ahead of 44% of them.
What is 1st Federal Savings Bank of SC, Inc.'s efficiency ratio?
81.11% in Q2 2026: it spent about 81 cents in noninterest expense for each dollar of revenue. The peer median is 75.47%, and lower is better.
Is 1st Federal Savings Bank of SC, Inc. growing its loans?
Net loans shrank 2.3% over the year to Q2 2026, while deposits grew 0.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are SC banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Carolina bank ranked.