First Financial Holdings (SCBT) in Columbia, S.C., reported a big leap in first-quarter profits thanks largely to double-digit growth in its loan portfolio.

The $8 billion-asset company earned $15.8 million in the first quarter, up 49% from the same period a year ago. Earnings per share of 66 cents were 2 cents higher than the estimates of analysts polled by Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.