TellerScore

First Palmetto Bank (FDIC certificate #28396) is based in Camden, South Carolina. Its Q2 2026 call report shows $1.1B in total assets and $993.9M in deposits and 22 offices.

Based on its Q2 2026 filing, First Palmetto Bank scores 71/100, which we describe as strong. That is higher than 63% of 897 banks with $1 billion – $10 billion. Among 44 banks headquartered in South Carolina, it ranks 26th. Its strongest component is problem-loan coverage (98/100; 1.0%), and its lowest is capital cushion (44/100; 9.42%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.42%
Loan quality95/100
Noncurrent loans ÷ total loans: 0.15%
Earnings74/100
Return on assets (annualized): 1.36%
Funding & liquidity61/100
Loans ÷ deposits and uninsured-deposit share: 78.9% · 33.4% uninsured
Problem-loan coverage98/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.03%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 2 points (69 → 71), mostly because the earnings component improved by 14 points.

TellerScore
677072Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202468
Q3 202467
Q4 202467
Q1 202568
Q2 202569
Q3 202570
Q4 202568
Q1 202672
Q2 202671
Tier 1 leverage ratio
5.00%7.21%9.42%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.36%
Q3 20249.20%
Q4 20249.04%
Q1 20259.29%
Q2 20259.22%
Q3 20259.22%
Q4 20259.02%
Q1 20269.41%
Q2 20269.42%
Noncurrent loans
0.08%0.12%0.17%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.13%
Q3 20240.15%
Q4 20240.11%
Q1 20250.14%
Q2 20250.09%
Q3 20250.08%
Q4 20250.17%
Q1 20260.15%
Q2 20260.15%
Return on assets
0.76%1.14%1.52%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.76%
Q3 20240.78%
Q4 20240.81%
Q1 20250.91%
Q2 20250.99%
Q3 20251.05%
Q4 20251.07%
Q1 20261.52%
Q2 20261.36%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202671$1.1B9.42%0.15%1.36%78.9%
Q1 202672$1.1B9.41%0.15%1.52%80.4%
Q4 202568$1.1B9.02%0.17%1.07%80.2%
Q3 202570$1.0B9.22%0.08%1.05%80.3%
Q2 202569$1.0B9.22%0.09%0.99%80.9%
Q1 202568$1.0B9.29%0.14%0.91%80.0%
Q4 202467$975.3M9.04%0.11%0.81%80.5%
Q3 202467$973.1M9.20%0.15%0.78%78.0%
Q2 202468$950.5M9.36%0.13%0.76%79.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.42%
21st
Total risk-based capital14.89%
66th
Problem loans0.15%
82nd
Net charge-offs0.03%
53rd
Return on assets1.36%
60th
Net interest margin3.59%
43rd
Efficiency ratio54.8%
63rd
Loans to deposits78.9%
70th
Uninsured deposits33.4%
43rd
Loan-loss reserves1.55%
88th
Texas ratio1.0%
83rd

Similar-size banks in South Carolina

InstitutionScoreAssetsCapitalProblem loansCompare
First Reliance BankBank Florence, SC71 out of 100, Strong$1.1B10.5%0.07%vs
The Citizens BankBank Olanta, SC74 out of 100, Strong$1.1B9.9%0.18%vs
First Capital BankBank Charleston, SC68 out of 100, Moderate$1.3B9.6%0.10%vs
Coastal Carolina National BankBank Myrtle Beach, SC71 out of 100, Strong$1.4B9.4%0.00%vs
Security Federal BankBank Aiken, SC69 out of 100, Moderate$1.5B10.8%0.85%vs
Bank of Travelers RestBank Travelers Rest, SC79 out of 100, Strong$1.6B10.3%0.12%vs

Deposit insurance

Is my money safe at First Palmetto Bank?

Yes. First Palmetto Bank is an FDIC-insured institution (FDIC certificate #28396). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 33.4% of deposits ($332.3M) are above the $250,000 FDIC insurance limit, above the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.42%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.89% (benchmark: 10%).

Check how much of your own balance is covered

22 locations

Branches

First Palmetto Bank lists 22 offices in 20 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Palmetto Bank reported 546 home-loan applications under HMDA (LEI 549300Z7EP1HO5CH1C36): 458 originated ($154,530,000 total), 26 denied, and 61 withdrawn or closed by the applicant. Its denial rate on decided applications was 5.4%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Palmetto Bank
Former names
Palmetto State Savings Bank of South Carolina; First Palmetto Savings Bank, F.S.B.
Type
State-chartered bank
FDIC certificate #
28396
RSSD ID
586072
Primary regulator
FDIC
Holding company
First Palmetto Financial Corp
Established
January 1, 1904
Headquarters
315 E Dekalb St, Camden, SC 29020
Employees
177

Quick answers

First Palmetto Bank: common questions

Is First Palmetto Bank FDIC insured?

Yes. First Palmetto Bank is an FDIC-insured institution (FDIC certificate #28396). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Palmetto Bank's TellerScore?

71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Palmetto Bank ever failed?

There is no failure record for FDIC certificate #28396 in the FDIC failed bank list.

How many branches does First Palmetto Bank have?

22 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Camden

InstitutionScoreAssetsCapitalProblem loansCompare
Allsouth Federal Credit UnionCredit union Columbia, SC93 out of 100, Very strong$1.5B19.6%0.41%vs
S. C. State Federal Credit UnionCredit union Columbia, SC91 out of 100, Very strong$1.5B15.6%0.82%vs
The Bank of ClarendonBank Manning, SC84 out of 100, Strong$438.3M11.7%0.01%vs
Palmetto Citizens Federal Credit UnionCredit union Columbia, SC80 out of 100, Strong$1.5B13.5%1.11%vs
Founders Federal Credit UnionCredit union Lancaster, SC79 out of 100, Strong$5.2B13.6%0.68%vs
Mid Carolina Credit UnionCredit union Lugoff, SC77 out of 100, Strong$181.8M12.7%0.66%vs