Palmetto State Bank
Hampton, SC
IDRSSD: 277820
Total Assets
$599.81M
Latest filing
Total Deposits
$490.15M
Latest filing
Net Interest Margin
3.16%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Palmetto State Bank
601 1st St W
Hampton, SC 29924
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1907FDIC Certificate 11537
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Palmetto State Bank (Main) | 601 1st St W | Hampton, SC |
| BURTON BRANCH | 2347 Boundary St | Beaufort, SC |
| DRIVE-IN BRANCH | 230 Main St S | Allendale, SC |
| FAIRFAX BRANCH | 127 Hampton Ave | Fairfax, SC |
| BLUFFTON BRANCH | 194 Bluffton Rd | Bluffton, SC |
| LADY'S ISLAND BRANCH | 145 Ladys Island Dr | Lady'S Island, SC |
| ESTILL BRANCH | 106 3rd St E | Estill, SC |
| ALLENDALE BRANCH | 230 Main St N | Allendale, SC |
Showing 7 of 7
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1907 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 29924 |
| State and County Number | 45049 |
| Subchapter S Corporations | No |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 95 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 12/28/1955 |
| Primary Insurance Agency | DIF |
| Website | http://www.palmettostatebank.com |
| Data Updated | 11/14/2025 |
| CERT | 17563 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $599.81M |
| Total Deposits | $490.15M |
| Total Liabilities | $515.91M |
| Total Equity Capital | $83.90M |
| Net Income | $3.01M |
| Net Loans and Leases | $218.77M |
| Assets Per Employee ($Millions) | $6.97M |
| Bank Premises and Fixed Assets | $1.46M |
| Cash and Balances due from Depository Institutions | $48.32M |
| Deposits Held in Domestic Offices | $490.15M |
Key Performance Ratios
| Return on Assets (ROA) | 2% |
| Return on Equity (ROE) | 14.77% |
| Net Interest Margin | 3.16% |
| Efficiency Ratio | 49.08% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 13.988% |
| Earning Assets to total Assets | 95.23% |
Income and Expense
| Total Interest Income | $5.86M |
| Total Noninterest Income | $3.04M |
| Total Interest Expense | $1.33M |
| Total Noninterest Expense | $3.71M |
| Net Interest Income | $4.52M |
| Pre-tax Net Operating Income | $3.85M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $31.00k |
| Other borrowed funds | $12.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $7.46M |
| All Other Liabilities | $6.29M |
| Total Liabilities and Capital | $599.81M |
Securities
| Securities | $313.35M |
| Available-for-sale debt securities | $73.45M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $239.90M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Palmetto State Bank?
$599.81M as of the latest filing.
How much are Palmetto State Bank's total deposits?
$490.15M in total deposits.
Where is Palmetto State Bank located?
Hampton, SC.
What is the Net Interest Margin?
3.16%.
How many domestic offices does it operate?
8.
When was it established?
01/01/1907.
What is the Return on Assets (ROA)?
2%.
How much are total loans and leases?
$218.77M (latest filing).
What is the total interest income (latest filing)?
$5.86M.