First Piedmont Federal Savings and Loan Association of Gaffney
Gaffney, SC
IDRSSD: 646172
Total Assets
$574.67M
Latest filing
Total Deposits
$404.58M
Latest filing
Net Interest Margin
4.87%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First Piedmont Federal Savings and Loan Association of Gaffney
1229 W Floyd Baker Blvd
Gaffney, SC 29341
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1933FDIC Certificate 41693
Branches (6)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Piedmont Federal Savings and Loan Association of Gaffney (Main) | 1229 W Floyd Baker Blvd | Gaffney, SC |
| 210 S LIMESTONE ST BRANCH | 210 S Limestone St | Gaffney, SC |
| 1510 JOHN B WHITE BLVD | 1510 John B White Blvd. | Spartanburg, SC |
| 503 N GRANARD ST BRANCH | 503 N Granard St | Gaffney, SC |
| 901 E MAIN ST BRANCH | 901 E Main St | Spartanburg, SC |
| BOILING SPRINGS BRANCH | 2101 Boiling Springs Rd | Boiling Springs, SC |
| DUNCAN BRANCH | 1908 E Main St | Duncan, SC |
Showing 6 of 6
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 01/01/1933 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 29341 |
| State and County Number | 45021 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 38 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Gaffney, SC |
Operational Info
| Number of Employees | 89 |
| Domestic Offices | 7 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.firstpiedmont.com |
| Data Updated | 11/14/2025 |
| CERT | 28859 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $574.67M |
| Total Deposits | $404.58M |
| Total Liabilities | $410.02M |
| Total Equity Capital | $164.65M |
| Net Income | $2.76M |
| Net Loans and Leases | $488.58M |
| Assets Per Employee ($Millions) | $6.61M |
| Bank Premises and Fixed Assets | $7.43M |
| Cash and Balances due from Depository Institutions | $71.71M |
| Deposits Held in Domestic Offices | $404.58M |
Key Performance Ratios
| Return on Assets (ROA) | 1.91% |
| Return on Equity (ROE) | 6.75% |
| Net Interest Margin | 4.87% |
| Efficiency Ratio | 54.81% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 28.651% |
| Earning Assets to total Assets | 96.65% |
Income and Expense
| Total Interest Income | $7.63M |
| Total Noninterest Income | $1.30M |
| Total Interest Expense | $844.00k |
| Total Noninterest Expense | $4.43M |
| Net Interest Income | $6.78M |
| Pre-tax Net Operating Income | $3.65M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.44M |
| Total Liabilities and Capital | $574.67M |
Securities
| Securities | $402.00k |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Piedmont Federal Savings and Loan Association of Gaffney?
$574.67M as of the latest filing.
How much are First Piedmont Federal Savings and Loan Association of Gaffney's total deposits?
$404.58M in total deposits.
Where is First Piedmont Federal Savings and Loan Association of Gaffney located?
Gaffney, SC.
What is the Net Interest Margin?
4.87%.
How many domestic offices does it operate?
7.
When was it established?
01/01/1933.
What is the Return on Assets (ROA)?
1.91%.
How much are total loans and leases?
$488.58M (latest filing).
What is the total interest income (latest filing)?
$7.63M.