Capital Ratios

9 Months Ended

Sep. 30, 2013

Capital Ratios

Capital Ratios

Note 17 — Capital Ratios

The Company is subject to certain risk-based capital guidelines. Certain ratios measure the relationship of capital to a combination of balance sheet and off-balance sheet risks. The values of both balance sheet and off-balance sheet items are adjusted to reflect credit risk. Under the guidelines promulgated by the Federal Reserve, which are substantially similar to those of the FDIC, Tier 1 risk-based capital must be at least 4% of risk-weighted assets, while total risk-based capital must be at least 8% of risk-weighted assets.

In conjunction with the risk-based capital ratios, the regulatory agencies have also prescribed a leverage capital ratio for assessing capital adequacy.

The Company’s capital adequacy ratios are reflected below:

	September 30,		December 31,		September 30,
	2013		2012		2012
First Financial Holdings, Inc.:
Tier 1 risk-based capital	13.15	%	12.73	%	14.02	%
Total risk-based capital	14.40	%	13.99	%	15.29	%
Tier 1 leverage	10.10	%	9.87	%	9.35	%
SCBT:
Tier 1 risk-based capital	12.95	%	12.51	%	13.80	%
Total risk-based capital	14.20	%	13.78	%	15.07	%
Tier 1 leverage	9.96	%	9.70	%	9.21	%