Overview
$4.1MNet income, fiscal 20222
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Interest | $1.2M4 | $1.2M5 | $1.3M6 | $1.8M7 | $3.6M8 | $3.9M9 | $1.8M2 | $1.1M2 |
| Income before tax | $5.1M2 | |||||||
| Income tax | $2.7M4 | $2.0M5 | $1.5M6 | $1.7M7 | $874.0K8 | $900.0K9 | $1.1M2 | $973.0K2 |
| Net income | $4.5M4 | $5.2M5 | $5.5M6 | $3.0M7 | $3.7M8 | $3.9M9 | $4.1M2 | $4.1M2 |
| Earnings per share | $0.794 | $0.915 | $0.976 | $0.537 | $0.658 | $0.689 | $0.732 | $0.732 |
| Earnings per share (diluted) | $0.784 | $0.905 | $0.956 | $0.527 | $0.648 | $0.679 | $0.722 | $0.732 |
| Shares (weighted, basic) | 5.6M shares2 | |||||||
| Shares (weighted, diluted) | 5.6M shares2 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $26.2M5 | $27.7M6 | $20.7M7 | $9.9M8 | $36.7M9 | $34.6M9 | $30.6M2 | $9.7M2 |
| Property, plant and equipment | $8.6M2 | |||||||
| Goodwill | $2.6M2 | |||||||
| Intangible assets | $74.0K2 | |||||||
| Total assets | $475.3M4 | $485.6M5 | $481.3M6 | $488.0M7 | $527.8M8 | $515.6M9 | $543.7M2 | $544.8M2 |
| Total liabilities | $394.6M4 | $400.2M5 | $395.4M6 | $403.1M7 | $439.5M8 | $427.3M9 | $455.6M2 | $469.5M2 |
| Retained earnings | $82.8M2 | |||||||
| Shareholders’ equity | $80.8M5 | $85.4M6 | $86.0M7 | $84.9M8 | $88.3M9 | $88.3M2 | $88.1M2 | $75.3M2 |
| Shares outstanding | 5.9M shares13 | 5.8M shares4 | 5.8M shares5 | 5.8M shares6 | 5.7M shares7 | 5.6M shares8 | 5.6M shares9 | 5.6M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $6.1M6 | $6.4M7 | $5.4M8 | $5.1M9 | $4.9M2 | $5.7M2 | ||
| Depreciation and amortization | $1.6M2 | |||||||
| Stock-based compensation | $103.0K2 | |||||||
| Capital spending | $435.0K4 | $204.0K5 | $195.0K6 | $669.0K7 | $1.8M8 | $1.8M9 | $258.0K2 | $214.0K2 |
| Free cash flow | $5.9M | $5.7M | $3.6M | $3.2M | $4.7M | $5.5M | ||
| Cash from investing | -$37.5M2 | |||||||
| Dividends paid | $2.2M4 | $2.3M5 | $2.2M6 | $2.2M7 | $2.2M8 | $2.2M9 | $2.2M2 | $2.2M2 |
| Share buybacks | $35.0K4 | $1.0M5 | $1.5M6 | $428.0K7 | $1.6M8 | $3.9M9 | $1.2M2 | $658.0K2 |
| Cash from financing | $10.9M2 | |||||||
| Dividend per share | $0.404 | $0.405 | $0.406 | $0.407 | $0.408 | $0.409 | $0.402 | $0.402 |
What it owns
What Oconee Federal Financial Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $14.9M2 Jun 30, 2022 | $14.8M2 Jun 30, 2021 | +1.0% |
| Accumulated depreciation | $6.3M2 Jun 30, 2022 | $5.8M2 Jun 30, 2021 | +9.2% |
| Property and equipment, net | $8.6M2 Jun 30, 2022 | $9.0M2 Jun 30, 2021 | −4.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $9.7M2 Jun 30, 2022 | $30.6M2 Jun 30, 2021 | −68.2% |
| Loans, net of allowance | $343.8M2 Jun 30, 2022 | $337.8M2 Jun 30, 2021 | +1.8% |
| Deposits held (banks) | $459.7M2 Jun 30, 2022 | $439.9M2 Jun 30, 2021 | +4.5% |
Intangibles and goodwill
Leadership
Who has led Oconee Federal Financial Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerCurtis T. Evatt Dec 18, 2020 to Mar 6, 202314
- Chief executive officerT. Rhett Evatt Jan 13, 2011 to Sep 28, 201215
- ChairT. Rhett Evatt Feb 22, 2018 to Feb 22, 201816
- PresidentCurtis T. Evatt Dec 18, 2020 to Mar 6, 202314
- PresidentT. Rhett Evatt Jan 13, 2011 to Sep 28, 201215
- Chief financial officerJohn William Hobbs Jul 17, 2017 to Jun 23, 202117
- Chief financial officerH. Allen Salter Jan 2, 2014 to Dec 16, 201518
- Chief financial officerCurtis T. Evatt Jan 13, 2011 to Sep 26, 201819
- Chief operating officerDavid H. Stafford Oct 23, 2020 to Aug 26, 202220
Board members and other officers (8)
- Senior Vice PresidentCharles Todd Latiff Feb 5, 2015 to Mar 22, 202221
- Senior VP and Asst. TreasurerNancy M. Carter Jan 13, 2011 to Sep 28, 201222
- Board memberH. Allen Salter Dec 16, 2015 to Dec 16, 201523
- Board memberCecil T. Sandifer Jr. Jan 13, 2011 to May 23, 201924
- Board memberCurtis T. Evatt Jan 13, 2011 to Mar 6, 202319
- Board memberHarry B. Mays Jr. Jan 13, 2011 to Sep 8, 202125
- Board memberT. Rhett Evatt Jan 13, 2011 to Sep 28, 201215
- Board memberW. Maurice Poore Jan 13, 2011 to Dec 22, 202126
Timeline
- Aug 8, 20238-K Other events27
- Jul 20, 20238-K Listing notice or transfer28
- Jul 20, 20238-K Other events29
- Apr 27, 20238-K Other events30
- Mar 31, 20238-K Other events31
- Jan 27, 20238-K Other events32
- Nov 18, 20228-K Shareholder vote33
- Oct 27, 20228-K Other events34
- Aug 12, 20228-K Results of operations35
- Jul 28, 20228-K Other events36
- Apr 28, 20228-K Other events37
- Jan 28, 20228-K Other events38
- Dec 18, 2020New chief executive Curtis T. Evatt becomes CEO14
- Jan 13, 2011New chief executive T. Rhett Evatt becomes CEO15
Calendar
When it reported results
- Aug 12, 2022Reported quarterly or annual results35
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
37 filings to the SEC since October 2021: 1 annual reports, 6 quarterly reports, 14 major events, 8 insider forms, 8 other. The latest 20:
- Aug 10, 202315-12G NOTICE OF TERMINATION OF REGISTRATION EDGAR
- Aug 8, 20238-K CURRENT REPORT EDGAR
- Jul 31, 2023S-8 POS POST-EFFECTIVE AMENDMENT EDGAR
- Jul 31, 2023S-8 POS POST-EFFECTIVE AMENDMENT EDGAR
- Jul 31, 202325 NOTIFICATION TO VOLUNTARILY WITHDRAW A CLASS OF SECURITIES EDGAR
- Jul 20, 20238-K CURRENT REPORT EDGAR
- Jul 20, 20238-K CURRENT REPORT EDGAR
- Jun 28, 202311-K OCONEE FEDERAL FINANCIAL CORP. FORM 11-K DECEMBER 31, 2022 EDGAR
- May 12, 202310-Q QUARTERLY REPORT EDGAR
- Apr 27, 20238-K CURRENT REPORT EDGAR
- Mar 31, 20238-K CURRENT REPORT EDGAR
- Mar 6, 20234 EDGAR
- Mar 2, 20234 EDGAR
- Feb 13, 202310-Q QUARTERLY REPORT EDGAR
- Jan 27, 20238-K CURRENT REPORT EDGAR
- Nov 18, 20228-K CURRENT REPORT EDGAR
- Nov 14, 202210-Q QUARTERLY REPORT EDGAR
- Oct 27, 20228-K CURRENT REPORT EDGAR
- Oct 14, 2022DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
- Sep 20, 202210-K ANNUAL REPORT EDGAR
The 37 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 0 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 3, 2023 | Evatt Curtis TPresident and CEO | Sale | 200 | $23.90 | $4.8K | Form 4 |
| Mar 2, 2023 | Evatt Curtis TPresident and CEO | Sale | 3 | $23.90 | $72 | Form 4 |
| Mar 1, 2023 | Evatt Curtis TPresident and CEO | Sale | 11 | $24.23 | $267 | Form 4 |
| Feb 28, 2023 | Evatt Curtis TPresident and CEO | Sale | 161 | $24.04 | $3.9K | Form 4 |
| Mar 21, 2022 | Latiff Charles ToddEVP and Chief Banking Officer | Sale | 1,800 | $26.30 | $47.3K | Form 4 |
From Forms 4 filed with the SEC.
SEC filer profile
How Oconee Federal Financial Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROconee Federal Financial Corp.1
- CIK0001501078
- Employer ID (EIN)32-03301221
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Fiscal year endsJune 301
- Industry code (SIC)6035 Savings Institution, Federally Chartered1
- Business address115 E. North Second Street, Seneca, SC 296781
- Phone(864) 882-27651
- Shares outstanding5,609,268 as of May 5, 202312
- Public float$31.7M as of Dec 31, 20212
- On EDGAR sinceSep 16, 20101
- Filings274 in all: 8-K (108), 10-Q (39), 4 (39), 11-K (13), DEF 14A (13), 10-K (12), 3 (11), 8-K/A (5)1
All 30 form types
4/A (3), 424B3 (3), S-1/A (3), SC 13G/A (3), 10-K/A (2), CORRESP (2), S-8 (2), S-8 POS (2), 10-Q/A (1), 15-12G (1), 25 (1), 8-A12B (1), CERTNAS (1), DEFA14A (1), EFFECT (1), NT 10-Q (1), S-1 (1), SC 13D (1), SC 13D/A (1), SC 13G (1), SE (1), UPLOAD (1)
- Latest filingsAnnual report (10-K) Sep 20, 2022
Quarterly report (10-Q) May 12, 2023
Proxy statement (DEF 14A) Oct 14, 2022
Latest 8-K (8-K) Aug 8, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGART. Rhett Evatt, Chair
- 17
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- 23SEC EDGARH. Allen Salter, Board member
- 24SEC EDGARCecil T. Sandifer Jr., Board member
- 25SEC EDGARHarry B. Mays Jr., Board member
- 26SEC EDGARW. Maurice Poore, Board member
- 27SEC EDGAROther events
- 28SEC EDGARListing notice or transfer
- 29SEC EDGAROther events
- 30SEC EDGAROther events
- 31SEC EDGAROther events
- 32SEC EDGAROther events
- 33SEC EDGARShareholder vote
- 34SEC EDGAROther events
- 35SEC EDGARResults of operations
- 36SEC EDGAROther events
- 37SEC EDGAROther events
- 38SEC EDGAROther events