FSGB | 1st Federal Savings Bank of SC, Inc. Annual &

Annual Income Statements

(In USD)

Breakdown	2022	2021	2020	2019
Revenue	4.87 Million	5.93 Million	5.58 Million	4.73 Million
Cost of Revenue	-	-	-	-
Gross Profit	4.87 Million	5.93 Million	5.58 Million	4.73 Million
Operating Expenses	4.4 Million	4.33 Million	4.21 Million	4.01 Million
Selling, General and Administrative Expenses	-	-	-	-
Research and Development Expenses	-	-	-	-
Other Expenses	4.4 Million	-	-	-
Cost and Expenses	4.4 Million	4.33 Million	4.21 Million	4.01 Million
Operating Income	-	1.63 Million	1.26 Million	738.53 Thousand
Interest Expense	258.37 Thousand	360.96 Thousand	537.63 Thousand	573.85 Thousand
Income Tax Expense	105 Thousand	420.5 Thousand	341.5 Thousand	243 Thousand
Earnings before Tax	485.59 Thousand	1.63 Million	1.26 Million	738.53 Thousand
Net Income	380.59 Thousand	1.21 Million	926.54 Thousand	495.53 Thousand
Earnings Per Share Basic	0.38	1.20	0.91	0.49
Earnings Per Share Diluted	0.38	1.20	0.91	0.49
Weighted Average Shares Outstanding	1.01 Million	1.01 Million	1.01 Million	1.01 Million
Weighted Average Shares Outstanding (Diluted)	1.01 Million	1.01 Million	1.01 Million	1.01 Million
Gross Margin	1.00	1.00	1.00	1.00
EBIT Margin	-	0.30	0.25	0.18
Profit Margin	0.08	0.21	0.17	0.10
EBITDA	-	-	-	-
Earnings Before Tax Margin	-	0.28	0.23	0.16

Breakdown	2022 FY	2021 FY	2020 FY	2019 FY
Revenue	4.87 Million	5.93 Million	5.58 Million	4.73 Million
Cost of Revenue	-	-	-	-
Gross Profit	4.87 Million	5.93 Million	5.58 Million	4.73 Million
Operating Expenses	4.4 Million	4.33 Million	4.21 Million	4.01 Million
Selling, General and Administrative Expenses	-	-	-	-
Research and Development Expenses	-	-	-	-
Other Expenses	-	-	-	-
Cost and Expenses	4.4 Million	4.33 Million	4.21 Million	4.01 Million
Operating Income	485.59 Thousand	1.63 Million	1.26 Million	738.53 Thousand
Interest Expense	258.37 Thousand	360.96 Thousand	537.63 Thousand	573.85 Thousand
Income Tax Expense	105 Thousand	420.5 Thousand	341.5 Thousand	243 Thousand
Earnings before Tax	485.59 Thousand	1.63 Million	1.26 Million	738.53 Thousand
Net Income	380.59 Thousand	1.21 Million	926.54 Thousand	495.53 Thousand
Earnings Per Share Basic	-	-	-	-
Earnings Per Share Diluted	-	-	-	-
Weighted Average Shares Outstanding	1.01 Million	1.01 Million	1.01 Million	1.01 Million
Weighted Average Shares Outstanding (Diluted)	1.01 Million	1.01 Million	1.01 Million	1.01 Million
Gross Margin	1.00	1.00	1.00	1.00
EBIT Margin	-	-	-	-
Profit Margin	0.08	0.21	0.17	0.10
EBITDA	-	-	-	-
Earnings Before Tax Margin	0.10	0.28	0.23	0.16