Davies Joins First Federal as Lending Leader

July 9, 2011

CHARLESTON, SC – July 8, 2011 – Mike Davies has joined First Federal as Senior Vice President/Director of Mortgage and Retail Lending.

Davies has 25 years of experience in the financial services industry having worked with Sidus Financial, GMAC Mortgage and Riggs Bank, N.A. in the northeast.

At First Federal, he will lead the newly-combined team of mortgage and retail lending to increase efficiencies and improve service and solutions to clients.

Davies is a graduate of the University of Richmond. He is based at the First Federal Corporate Center in North Charleston.


About First Federal

Owned by First Financial Holdings, Inc., (NASDAQ:FFCH), First Federal is headquartered in Charleston, South Carolina, and operates 69 financial centers in the Charleston metropolitan area, Horry, Georgetown, Florence and Beaufort counties in SC and in Brunswick, New Hanover and Pender counties in North Carolina.  The Company provides integrated financial solutions, including personal, business and wealth management, as well as ancillary services through subsidiary companies Kimbrell Insurance Group, Inc., a managing general insurance agency, First Southeast 401(k) Fiduciaries, Inc., a registered investment advisor and First Southeast Investor Services, Inc., a registered broker-dealer.