FDIC Cert #28859 · Gaffney, South Carolina · Est. 1933

First Piedmont Federal Savings and Loan Association of Gaffney - FDIC Bank Health Profile

A community-scale look at First Piedmont Federal Savings and Loan Association of Gaffney's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$581M
Total assets
A
Health grade · Excellent
1.86%
Return on assets
28.8%
Tier 1 capital

Data updated July 2026

The verdict

First Piedmont Federal Savings and Loan Association of Gaffney earns a PlainBankData health grade of A (97/100), with well-capitalized at 28.78% Tier 1, profitable at 1.86% ROA, efficient (56% cost ratio).

#1,613
largest of 4,313 FDIC banks by assets
63rd
percentile by asset size, nationally
28.78%
Tier 1 ratio - above the 10% well-capitalized line
87th
percentile for profitability (ROA), nationally

PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.

FDIC Call Report plate

Cert 28859 · SC A · 97/100

GRADE-A · TOP-DECILE · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-STRONG · SIZE-MID · BOOK-FULL

  • GRADE-A A (97/100)
  • TOP-DECILE #187/4307
  • PHOTO-FINISH First Federal Saving… · NY
  • TIER1-WELL 28.8% Tier 1
  • TEXAS-CLEAN 2.1% Texas
  • ROA-STRONG 1.86% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside South Carolina: First Federal Savings of Middletown, NY (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around First Piedmont Federal Savings and Lo…

Lowest and highest poles plus nearest scored peers outside South Carolina, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100BancFirst · OK · near97/100Burling Bank · IL · near97/100First Federal Saving… · NY ·…97/100First Piedmont Feder… · SC ·…97/100Timberland Bank · WA · near97/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around First Piedmont Federal Savings and Lo… · July 2026

Call Report read for First Piedmont Federal Savings and Lo… in a high-failure state

First Piedmont Federal Savings and Loan Association of Gaffney (FDIC Cert #28859) carries a PlainBankData health grade of A at 97/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #187 of 4,307. Tier 1 capital prints at 28.78%, clearing the 10% well-capitalized line. The Texas Ratio is 2.11%, inside the sub-50% band analysts treat as healthy. Return on assets is 1.86%. Balance-sheet scale is $581M, 1,613th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is First Federal Savings of Middletown (NY), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around First Piedmont Federal Savings and Lo…

10 FAILURE resolutions in South Carolina since 2000, heavy vs the state corpus

First Piedmont Federal Savings and Loan Association of Gaffney sits in one of the heavier post-2000 FAILURE states (10 resolutions; latest year 2014). The list below is state history from the Failed Bank List, not a claim about First Piedmont Federal Savings and Loan Association of Gaffney's current Call Report.

  • ALLENDALE COUNTY BANK FAIRFAX, SC 2014 → PALMETTO STATE BANK
  • CAROLINA FEDERAL SAVINGS BANK CHARLESTON, SC 2012 → BANK OF NORTH CAROLINA
  • PLANTATION FEDERAL BANK PAWLEYS ISLAND, SC 2012 → FIRST FEDERAL BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and South Carolina banks.

How First Piedmont Federal Savings and Loan Association of Gaffney's 97/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10097/100
First Piedmont Federal Savings and Loan Association of Gaffney's composite health score
Tier 1 Capital Ratio (28.78%) 40/40
Return on Assets (ROA) (1.86%) 25/25
Texas Ratio (2.11%) 20/20
Efficiency Ratio (55.56%) 12/15

97 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$581M

Total balance-sheet footings

Total Deposits

$409M

Customer-funded liabilities

Net Loans

$498M

Outstanding loan book

Net Income

$11M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 5% 10% 15% 20% 25% 30% 35% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 27.38% 28.78% 30.18%
Basel III capital ratios - First Piedmont Federal Savings and Loan Association of Gaffney

Where First Piedmont Federal Savings and Loan Association of Gaffney ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Piedmont Federal Savings and Loan Association of Gaffney's score of 97/100 falls in the highlighted band.

First Piedmont Federal Savings and Loan Association of Gaffney: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

97 Top 4% higher than 96% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). Below this entry. 80–90: 1,237 FDIC-insured banks (29%). Below this entry. 90–100: 815 FDIC-insured banks (19%). This entry sits in this band. First Piedmont Federal Savings and Lo… 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

First Piedmont Federal Savings and Loan Association of Gaffney's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First Piedmont Federal Savings and Loan Association of Gaffney's $581M falls in the highlighted band.

Capital & credit buffers at First Piedmont Federal Savings and Lo…

Tier 1 capital ratio
Well-capitalized 10%

28.78% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
28.78%
Texas Ratio
2.11%
Equity Capital
$167M

What these ratios mean →

Earnings posture at First Piedmont Federal Savings and Lo…

Return on Assets (ROA)
87th percentile nationally
1.86%
Return on Equity (ROE)
6.57%
Efficiency Ratio
55.56%

What these mean →

Income & expense at First Piedmont Federal Savings and Lo…

$30M
Interest Income
$5M
Non-Interest Income
$17M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. First Piedmont Federal Savings and Loan Association of Gaffney reports a Texas Ratio of 2.11% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

2.11% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View First Piedmont Federal Savings and Loan Association of Gaffney on FDIC BankFind →

Top banks in South Carolina by total assets

Largest banks headquartered in South Carolina
  1. 1
    United Community Bank $27.9B

    Greenville, SC · Grade A

  2. 2
    Southern First Bank $4.4B

    Greenville, SC · Grade B

  3. 3
    Coastal States Bank $2.3B

    Hilton Head Island, SC · Grade A

  4. 4
    Anderson Brothers Bank $2.2B

    Mullins, SC · Grade A

  5. 5
    First Community Bank $2.1B

    Lexington, SC · Grade A

Top 5 banks in South Carolina ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($581M here), outside South Carolina so the neighborhood is not state containment.

PremierBank $580M · WI North Shore Bank of Commerce $583M · MN First Port City Bank $583M · GA Cattlemens Bank $579M · OK

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Piedmont Federal Savings and Loan Association of Gaffney (FDIC Cert #28859) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.

First Piedmont Federal Savings and Loan Association of Gaffney Call Report profile · FDIC Failed Bank List · South Carolina FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in South Carolina

All South Carolina banks →
BankAssetsGradeROA
United Community BankGreenville $27.9B A 1.19%
Southern First BankGreenville $4.4B B 0.75%
Coastal States BankHilton Head Island $2.3B A 1.17%
Anderson Brothers BankMullins $2.2B A 1.38%
First Community BankLexington $2.1B A 1.07%
The Conway National BankConway $1.9B A 1.23%
South Atlantic BankMyrtle Beach $1.9B B 0.93%
Bank of Travelers RestTravelers Rest $1.6B A 1.44%