Palmetto State Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.60%	1-year CD	12 Month CD 1.50% - Ally Bank No Penalty 11-Month CD
0.30%	Savings	Regular Savings Account 1.20% - Ally Bank Online Savings Account
0.60%	2-year CD	24 Month CD 1.50% - Ally Bank Raise Your Rate 2-Year CD

View all Palmetto State Bank rates »

Overview / Commentary

www.palmettostatebank.com

803-943-2671

601 First Street, West
Hampton, SC 29924

Palmetto State Bank is headquartered in Hampton and is the 12^th largest bank in the state of South Carolina. It is also the 1,291^st largest bank in the nation. It was established in 1907 and as of June of 2017, it had grown to 86 employees at 8 locations. Palmetto State Bank has an A+ health rating.

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Health

A+

Data as of Q2 2017

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Health Grade Components

Overall
FDIC Certificate #	17563
Year Established	1907
Employees	86
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.27%
Return on Equity - YTD	8.6%
Annual Interest Income	$9.1MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$558.7MM$529.5MM
Loans	Q2 2017vs Q2 2016	$174.1MM$179.8MM
Deposits	Q2 2017vs Q2 2016	$459.3MM$429.8MM
Equity Capital	Q2 2017vs Q2 2016	$82.9MM$80.9MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$5.2MM$4.6MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$566.00K$574.00K
Real Estate Owned	Q2 2017vs Q2 2016	$268.00K$0

Rates

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Palmetto State Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$50k^*	-	Regular Savings Account
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $20k \| 0.20% → $20k - $50k
0.10%	-	-	Christmas Club Account

Palmetto State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $20k \| 0.20% → $20k - $50k
0.20%^*	$50k^*	-	Business Money Market Account
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $20k \| 0.15% → $20k - $50k

Palmetto State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Interest Checking

Palmetto State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$50k^*	-	12 Month CD
OTHER TIERS: 0.25% → Up to $5k \| 0.35% → $5k - $20k \| 0.45% → $20k - $50k
0.60%^*	$50k^*	-	18 Month CD
OTHER TIERS: 0.25% → Up to $5k \| 0.35% → $5k - $20k \| 0.45% → $20k - $50k
0.60%^*	$50k^*	-	24 Month CD
OTHER TIERS: 0.25% → Up to $5k \| 0.35% → $5k - $20k \| 0.45% → $20k - $50k
0.60%^*	$50k^*	-	36 Month CD
OTHER TIERS: 0.25% → Up to $5k \| 0.35% → $5k - $20k \| 0.45% → $20k - $50k
0.60%^*	$50k^*	-	48 Month CD
OTHER TIERS: 0.25% → Up to $5k \| 0.35% → $5k - $20k \| 0.45% → $20k - $50k
0.40%^*	$50k^*	-	182 Day CD
OTHER TIERS: 0.20% → Up to $5k \| 0.30% → $5k - $50k
0.10%	-	-	30 Day CD
0.10%	-	-	90 Day CD

Locations

Palmetto State Bank Locations
Estill Branch	106 East 3rd Street	Estill, SC 29918
Lady's Island Branch	145 Lady's Island Drive	Lady's Island, SC 29902
Allendale Branch	230 Main Street N	Allendale, SC 29810
Palmetto State Bank	601 First Street, West	Hampton, SC 29924
Bluffton Branch	194 Bluffton Road	Bluffton, SC 29910
Fairfax Branch	Seventh Street and Charleston Avenue	Fairfax, SC 29827
Burton Branch	2347 Boundary Street	Beaufort, SC 29902
Drive-In Branch	Bay Street	Allendale, SC 29810