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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
[X]		QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly period ended March 31, 2004
OR
[  ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                 to
Commission File Number: 0-17122
FIRST FINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware				57-0866076
(State or other jurisdiction of incorporation or organization)				(I.R.S. Employer Identification No.)
34 Broad Street, Charleston, South Carolina				29401
(Address of principal executive offices)				(Zip Code)
Registrant's telephone number, including area code				(843) 529-5933
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES   X   NO
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act). YES   X   NO
APPLICABLE ONLY TO CORPORATE ISSUERS: Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.
Class			Outstanding Shares at
Common Stock			April 30, 2004
$.01 Par Value			12,570,639

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FIRST FINANCIAL HOLDINGS, INC.

INDEX

PART I - CONSOLIDATED FINANCIAL INFORMATION						PAGE NO.
Item
1.			Consolidated Financial Statements
					Consolidated Statements of Financial Condition	1
					at March 31, 2004 and September 30, 2003
					Consolidated Statements of Income for the Three
					Months Ended March 31, 2004 and 2003	2
					Consolidated Statements of Income for the Six
					Months Ended March 31, 2004 and 2003	3
					Consolidated Statements of Stockholders' Equity and	4
					Comprehensive Income at March 31, 2004 and 2003
					Consolidated Statements of Cash Flows for the	5
					Six months Ended March 31, 2004 and 2003
					Notes to Consolidated Financial Statements	6-15
2.			Management's Discussion and Analysis of Financial			15-34
				Condition and Results of Operations
3.			Quantitative and Qualitative Disclosures About Market Risk			34-35
4.			Controls and Procedures			35
PART II - OTHER INFORMATION
Item
1.		Legal Proceedings				36
2.			Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities				36-37
4.			Submission of Matters to a Vote of Security Holders				37-38
6.			Exhibits and Report on Form 8-K			38-40
SIGNATURES						41
EXHIBIT 31 - CERTIFICATIONS						42-43
EXHIBIT 32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND							44
	CHIEF FINANCIAL OFFICER
SCHEDULES OMITTED
All schedules other than those indicated above are omitted because of the absence of the conditions under which they are required or because the information is included in the Financial Statements and related notes.

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FIRST FINANCIAL HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
			March 31,		September 30,
			2004		2003
				(Amounts in thousands)
				(Unaudited)
ASSETS
Cash and cash equivalents			$	91,055	$	85,523
Investments available for sale, at fair value				36,857		13,787
Investment in capital stock of FHLB, at cost				35,200		29,900
Loans receivable, net of allowance of $14,725 and $14,957				1,800,658		1,781,881
Loans held for sale				6,310		20,051
Mortgage-backed securities available for sale, at fair value				386,595		303,470
Accrued interest receivable				9,221		8,823
Office properties and equipment, net				36,594		37,199
Real estate and other assets acquired in settlement of loans				3,949		4,009
Intangible assets				22,301		16,351
Other assets				26,876		21,888
Total assets			$	2,455,616	$	2,322,882
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
	Deposit accounts		$	1,470,395	$	1,481,651
	Advances from Federal Home Loan Bank			689,000		598,000
	Other short-term borrowings			36,161		24,075
	Long-term debt			46,392
	Advances by borrowers for taxes and insurance			3,635		5,904
	Outstanding checks			14,734		21,719
	Accounts payable and other liabilities			25,467		28,527
Total liabilities				2,285,784		2,159,876
Stockholders' equity:
	Serial preferred stock, authorized 3,000,000 shares--none issued
	Common stock, $.01 par value, authorized 24,000,000 shares,
		issued 15,991,069 and 15,870,130 shares at March 31, 2004
		and September 30, 2003, respectively		160		159
	Additional paid-in capital			43,031		41,106
	Retained income, substantially restricted			182,242		176,111
	Accumulated other comprehensive income, net of income taxes			2,204		672
	Treasury stock at cost, 3,440,622 and 3,348,029 shares at March 31,
		2004 and September 30, 2003, respectively		(57,805	)	(55,042	)
Total stockholders' equity				169,832		163,006
Total liabilities and stockholders' equity			$	2,455,616	$	2,322,882
The accompanying notes are an integral part of the consolidated financial statements.

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FIRST FINANCIAL HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF INCOME
		Three Months Ended
		March 31,
		2004		2003
			(Amounts in thousands,
			except per share amounts)
			(Unaudited)
INTEREST INCOME
	Interest and fees on loans	$	27,743	$	31,706
	Interest on mortgage-backed securities		3,864		1,716
	Interest and dividends on investments		413		382
	Other		17		30
Total interest income			32,037		33,834
INTEREST EXPENSE
	Interest on deposits		5,506		7,134
	Interest on borrowed money		6,922		7,010
Total interest expense			12,428		14,144
NET INTEREST INCOME			19,609		19,690
Provision for loan losses			1,825		1,650
Net interest income after provision for loan losses			17,784		18,040
OTHER INCOME
	Net gain on sale of loans		744		2,550
	Net gain on sale of investment and mortgage-backed securities		958		860
	Brokerage fees		650		629
	Commissions on insurance		5,021		3,885
	Other agency income		430		257
	Service charges and fees on deposit accounts		2,833		2,506
	Loan servicing operations, net		(1,150	)	(1,067	)
	Real estate operations, net		(274	)	(201	)
	Other		1,213		1,069
Total other income			10,425		10,488
NON-INTEREST EXPENSE
	Salaries and employee benefits		11,238		10,891
	Occupancy costs		1,357		1,263
	Marketing		391		386
	Depreciation, amortization, rental and maintenance of equipment		1,331		1,329
	FDIC insurance premiums		59		64
	Other		3,929		3,398
Total non-interest expense			18,305		17,331
Income before income taxes			9,904		11,197
Income tax expense			3,514		4,028
NET INCOME		$	6,390	$	7,169
NET INCOME PER COMMON SHARE BASIC		$	0.51	$	0.55
NET INCOME PER COMMON SHARE DILUTED		$	0.50	$	0.54
The accompanying notes are an integral part of the consolidated financial statements.

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FIRST FINANCIAL HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF INCOME
		Six Months Ended
		March 31,
			2004		2003
			(Amounts in thousands,
			except per share amounts)
			(Unaudited)
INTEREST INCOME
	Interest and fees on loans	$	55,951	$	65,527
	Interest on mortgage-backed securities		6,972		3,329
	Interest and dividends on investments		840		823
	Other		34		73
Total interest income			63,797		69,752
INTEREST EXPENSE
	Interest on deposits		11,265		15,216
	Interest on borrowed money		13,784		14,461
Total interest expense			25,049		29,677
NET INTEREST INCOME			38,748		40,075
Provision for loan losses			3,250		3,135
Net interest income after provision for loan losses			35,498		36,940
OTHER INCOME
	Net gain on sale of loans		954		4,562
	Net gain on sale of investment and mortgage-backed securities		1,394		1,186
	Brokerage fees		1,144		1,024
	Commissions on insurance		7,867		6,269
	Other agency income		692		509
	Service charges and fees on deposit accounts		5,590		5,183
	Loan servicing operations, net		(735	)	(996	)
	Real estate operations, net		(459	)	(358	)
	Other		2,443		2,314
Total other income			18,890		19,693
NON-INTEREST EXPENSE
	Salaries and employee benefits		22,539		21,994
	Occupancy costs		2,639		2,587
	Marketing		741		800
	Depreciation, amortization, rental and maintenance of equipment		2,763		2,705
	FDIC insurance premiums		116		126
	Other		7,512		6,791
Total non-interest expense			36,310		35,003
Income before income taxes			18,078		21,630
Income tax expense			6,434		7,753
NET INCOME		$	11,644	$	13,877
NET INCOME PER COMMON SHARE BASIC		$	0.93	$	1.06
NET INCOME PER COMMON SHARE DILUTED		$	0.90	$	1.04
The accompanying notes are an integral part of the consolidated financial statements.

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