1st Financial Services CORP
Financials · State Commercial Banks · NC · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | — | — | — |
| Net income | $1.3M | −$20.5M | −$5.3M |
| Total assets | $710.4M | $700.0M | $724.8M |
| Total liabilities | $690.7M | $681.5M | $687.5M |
| Equity | $19.7M | $18.5M | $37.3M |
| EPS (diluted) | $0.05 | $-4.18 | $-1.25 |
| Shares out. | 5.2M | 5.2M | 5.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- —
- Net margin
- —
- Return on equity
- 6.5%
- Return on assets
- 0.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 97.2%
- Debt / equity
- 35.10×
- Book value / share
- $3.79
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Accruals / assets
- −1.5%clean
- Piotroski F-Score
- 5/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 1 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2011
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Other material eventDec 31, 2013
- Shareholder vote · Other material eventDec 10, 2013
- Entered a material agreementOct 15, 2013
- Entered a material agreementSep 3, 2013
- Entered a material agreement · Other material eventAug 28, 2013
- Director / officer changeAug 5, 2013
- Shareholder voteJun 25, 2013
- Other material eventJun 24, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GFORM 15Jan 7, 2014
- 8-KCURRENT REPORTDec 31, 2013
- S-8 POSREGISTRATION STATEMENTDec 31, 2013
- 8-KCURRENT REPORTDec 10, 2013
- DEFA14ADEFA 14ANov 19, 2013
- 10-QQUARTERLY REPORTNov 13, 2013
- DEFM14ANov 1, 2013
- UPLOADOct 29, 2013
- PREM14AOct 29, 2013
- CORRESPOct 28, 2013
- UPLOADOct 25, 2013
- PRE 14AOct 15, 2013
- 8-KCURRENT REPORTOct 15, 2013
- DEFA14ACURRENT REPORTOct 15, 2013
- 10-Q/A10Q AMENDMENTSep 10, 2013
Event-driven situations (1)
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