| Business Summary | | First
Financial
Holdings,
Inc.
is
a
savings
and
loan
holding
company
that
owns
and
operates
First
Federal
Savings
and
Loan
Association
of
Charleston
and
Peoples
Federal
Savings
and
Loan
Association,
Conway,
South
Carolina.
The
business
of
the
Company
consists
primarily
of
acting
as
a
financial
intermediary
by
attracting
deposits
from
the
general
public
and
using
such
funds,
together
with
borrowings
and
other
funds,
to
originate
first
mortgage
loans
on
residential
properties
located
in
its
primary
market
areas.
The
Company
also
owns
First
Southeast
Investor
Services,
Inc.,
organized
for
the
purpose
of
operating
as
a
broker-dealer.
At
September
30,
2000,
First
Financial
had
total
assets
of
$2.3
billion,
total
deposits
of
$1.2
billion
and
stockholders'
equity
of
$137.9
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Financial
Holdings
is
a
savings
and
loan
holding
company
for
First
Federal
Savings
and
Loan
Association
of
Charleston
and
Peoples
Federal
Savings
and
Loan
Association.
For
the
nine
months
ended
6/30/01,
total
interest
income
rose
10%
to
$131
million.
Net
interest
income
after
loss
prov.
rose
6%
to
$47.6
million.
Net
income
rose
12%
to
$16.6
million.
Net
interest
income
reflects
increased
earning
assets,
partially
offset
by
lower
spreads.
Earnings
reflect
higher
service
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| D. Van Smith, 69 Chairman | -- | A. Thomas Hood, 54 Pres,
CEO, of the Company and Pres. and CEO of First Federal | $287K | A. Hutchinson, Jr., 66 Vice
Chairman | -- | Susan Baham, 50 Sr.
VP, CFO of the Company and First Federal | 192K | Charles Baarcke, Jr., 53 Sr.
VP of the Company and Sr. VP/Lending Division of First Federal | 189K | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|