Vitals
  • Total Assets
    623.8M 5.1 %
  • Total Deposits
    543.9M 12.3 %
  • Total Net Loans
    460.1M 6.7 %
  • Net Income
    4.8M 18.1 %
  • Book Value
    78.3M 0.3 %
  • Book Value x2
    156.6M 0.3 %
  • Book Value x3
    234.9M 0.3 %
ROAA

.775

ROAE

6.102

Efficiency Ratio

64.056

Net Interest Margin

3.228

Balance Sheet Highlights
Financial Highlights First Palmetto Bank All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 623,753 396,146
Total Net Loans 460,100 246,095
Total Deposits 543,851 337,242
Total Equity 78,316 39,753
Profitability
Net Income 4,833 2,936
Return on Average Assets .775 .658
Return on Average Equity 6.102 6.043
Net Interest Margin 3.228 3.683
Efficiency Ratio 64.056 77.076
Noninterest Income/Revenue 8.28 19.526
Balance Sheet Ratios
Loan-to-Deposit 84.6 72.161
Securities/Assets .092 .198
Total Equity/Total Assets .126 .1
Tangible Equity/Tangible Assets .123 .099
Capital Adequacy
Tier 1 Common Capital 75,257 39,215
Tier 1 Capital 75,257 39,215
Tier 2 Capital 5,793 2,972
Total Capital 81,050 42,275
Total Risk Weighted Assets 461,355 268,714
Leverage Ratio 11.94 10.143
Common Equity Tier 1 Capital Ratio 16.31 15.311
Tier 1 Capital Ratio 16.31 15.311
Total Capital Ratio 17.57 16.421

Timeline for First Palmetto Bank

Palmetto State Service Corporation

Palmetto State Service Corporation became a new subsidiary organization for First Palmetto Bank.

View Profile Jul 21 2011

First Federal Savings And Loan Association

Acquisition: First Palmetto Bank acquired a new subsidiary, First Federal Savings And Loan Association, 33 years

View Profile Apr 06 1992

First Federal Savings And Loan Association Of Camden

Acquisition: First Palmetto Bank acquired a new subsidiary, First Federal Savings And Loan Association Of Camden, 35 years

View Profile Nov 01 1990

First Palmetto Financial Corporation

First Palmetto Financial Corporation became a new parent organization for First Palmetto Bank.

View Profile Aug 10 1990

Patriot Federal Savings And Loan Association

Acquisition: First Palmetto Bank acquired a new subsidiary, Patriot Federal Savings And Loan Association, 45 years

View Profile Nov 28 1980

Want to see more?

Complete timeline for First Palmetto Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Federal Savings And Loan Association Seller 25,743 Discontinued 4/6/1992
First Federal Savings And Loan Association Of Camden Seller 98,068 Discontinued 11/1/1990
Patriot Federal Savings And Loan Association Seller Discontinued 11/28/1980
Relationships Role Relationship Start Relationship End
First Palmetto Financial Corporation Parent 7/21/2011
First Palmetto Financial Corporation Parent 8/10/1990 7/20/2011
Palmetto State Service Corporation Subsidary 7/21/2011
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