TellerScore

Headquartered in Gaffney, South Carolina, First Piedmont Federal Savings and Loan Association of Gaffney is a savings bank with $597.1M in total assets and $420.5M in deposits as of Q2 2026. It operates 7 offices. Its charter dates back to 1933.

Based on its Q2 2026 filing, First Piedmont Federal Savings and Loan Association of Gaffney scores 84/100, which we describe as strong. That is higher than 86% of 2,650 banks with $100 million – $1 billion. Among 44 banks headquartered in South Carolina, it ranks 5th. Its strongest component is capital cushion (100/100; 29.14%), and its lowest is funding & liquidity (50/100; 123% loans-to-deposits, 14% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 29.14%
Loan quality76/100
Noncurrent loans ÷ total loans: 0.73%
Earnings90/100
Return on assets (annualized): 1.76%
Funding & liquidity50/100
Loans ÷ deposits and uninsured-deposit share: 122.5% · 13.7% uninsured
Problem-loan coverage96/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.13%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (85 → 84).

TellerScore
838587Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202487
Q3 202486
Q4 202487
Q1 202585
Q2 202585
Q3 202585
Q4 202585
Q1 202683
Q2 202684
Tier 1 leverage ratio
5.00%17.07%29.14%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202427.29%
Q3 202427.42%
Q4 202427.83%
Q1 202527.99%
Q2 202528.39%
Q3 202528.58%
Q4 202528.78%
Q1 202628.76%
Q2 202629.14%
Noncurrent loans
0.50%0.63%0.75%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.50%
Q3 20240.57%
Q4 20240.61%
Q1 20250.62%
Q2 20250.73%
Q3 20250.73%
Q4 20250.73%
Q1 20260.75%
Q2 20260.73%
Return on assets
1.69%1.91%2.14%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.84%
Q3 20241.86%
Q4 20242.14%
Q1 20251.75%
Q2 20251.84%
Q3 20251.87%
Q4 20251.86%
Q1 20261.69%
Q2 20261.76%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202684$597.1M29.14%0.73%1.76%122.5%
Q1 202683$591.0M28.76%0.75%1.69%121.7%
Q4 202585$581.0M28.78%0.73%1.86%121.8%
Q3 202585$574.7M28.58%0.73%1.87%120.8%
Q2 202585$576.9M28.39%0.73%1.84%120.2%
Q1 202585$563.5M27.99%0.62%1.75%121.6%
Q4 202487$568.9M27.83%0.61%2.14%117.6%
Q3 202486$553.1M27.42%0.57%1.86%122.4%
Q2 202487$550.2M27.29%0.50%1.84%122.7%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio29.14%
99th
Total risk-based capital0.00%
24th
Problem loans0.73%
36th
Net charge-offs0.00%
68th
Return on assets1.76%
79th
Net interest margin4.80%
88th
Efficiency ratio53.7%
75th
Loans to deposits122.5%
1st
Uninsured deposits13.7%
86th
Loan-loss reserves1.15%
45th
Texas ratio2.1%
56th

Similar-size banks in South Carolina

InstitutionScoreAssetsCapitalProblem loansCompare
Palmetto State BankBank Hampton, SC88 out of 100, Very strong$597.5M14.8%0.12%vs
The Bank of South CarolinaBank Charleston, SC77 out of 100, Strong$571.2M11.8%0.29%vs
Enterprise Bank of South CarolinaBank Ehrhardt, SC52 out of 100, Below average$535.1M9.3%3.64%vs
Oconee Federal Savings and Loan AssociationBank Seneca, SC78 out of 100, Strong$679.4M13.6%0.33%vs
CountybankBank Greenwood, SC69 out of 100, Moderate$733.0M8.7%0.44%vs
The Peoples BankBank Iva, SC89 out of 100, Very strong$446.7M12.9%0.00%vs

Deposit insurance

Is my money safe at First Piedmont Federal Savings and Loan Association of Gaffney?

Yes. First Piedmont Federal Savings and Loan Association of Gaffney is an FDIC-insured institution (FDIC certificate #28859). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 13.7% of deposits ($57.5M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 29.14%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

First Piedmont Federal Savings and Loan Association of Gaffney lists 7 offices in 4 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First Piedmont Federal Savings and Loan Association of Gaffney
Type
Savings bank
FDIC certificate #
28859
RSSD ID
646172
Primary regulator
OCC
Established
January 1, 1933
Headquarters
1229 W Floyd Baker Blvd, Gaffney, SC 29341
Employees
87

Quick answers

First Piedmont Federal Savings and Loan Association of Gaffney: common questions

Is First Piedmont Federal Savings and Loan Association of Gaffney FDIC insured?

Yes. First Piedmont Federal Savings and Loan Association of Gaffney is an FDIC-insured institution (FDIC certificate #28859). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Piedmont Federal Savings and Loan Association of Gaffney's TellerScore?

84 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Piedmont Federal Savings and Loan Association of Gaffney ever failed?

There is no failure record for FDIC certificate #28859 in the FDIC failed bank list.

How many branches does First Piedmont Federal Savings and Loan Association of Gaffney have?

7 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Gaffney

InstitutionScoreAssetsCapitalProblem loansCompare
S. C. State Federal Credit UnionCredit union Columbia, SC91 out of 100, Very strong$1.5B15.6%0.82%vs
Founders Federal Credit UnionCredit union Lancaster, SC79 out of 100, Strong$5.2B13.6%0.68%vs
The Fidelity BankBank Fuquay Varina, NC78 out of 100, Strong$4.7B11.5%0.42%vs
Commercial BankBank Harrogate, TN77 out of 100, Strong$2.4B11.6%0.35%vs
Bank OZKBank Little Rock, AR76 out of 100, Strong$41.7B14.0%0.92%vs
South Carolina Federal Credit UnionCredit union North Charlesto, SC76 out of 100, Strong$2.6B13.3%0.60%vs