Headquartered in Hampton, South Carolina, Palmetto State Bank is a state-chartered bank with $597.5M in total assets and $493.7M in deposits as of Q2 2026. It operates 8 offices. Its charter dates back to 1907.
Based on its Q2 2026 filing, Palmetto State Bank scores 88/100, which we describe as very strong. That is higher than 92% of 2,650 banks with $100 million – $1 billion. Among 44 banks headquartered in South Carolina, it ranks 3rd. Its strongest component is problem-loan coverage (99/100; 0.3%), and its lowest is earnings (58/100; 0.96%).
TellerScore · Q2 2026
Scorecard
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 4 points (84 → 88), mostly because the capital cushion component improved by 6 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 83 |
| Q3 2024 | 84 |
| Q4 2024 | 84 |
| Q1 2025 | 81 |
| Q2 2025 | 84 |
| Q3 2025 | 90 |
| Q4 2025 | 82 |
| Q1 2026 | 85 |
| Q2 2026 | 88 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 14.30% |
| Q3 2024 | 14.64% |
| Q4 2024 | 14.03% |
| Q1 2025 | 13.79% |
| Q2 2025 | 14.24% |
| Q3 2025 | 15.02% |
| Q4 2025 | 14.51% |
| Q1 2026 | 14.26% |
| Q2 2026 | 14.85% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.43% |
| Q3 2024 | 0.38% |
| Q4 2024 | 0.18% |
| Q1 2025 | 0.23% |
| Q2 2025 | 0.20% |
| Q3 2025 | 0.25% |
| Q4 2025 | 0.12% |
| Q1 2026 | 0.12% |
| Q2 2026 | 0.12% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.78% |
| Q3 2024 | 0.78% |
| Q4 2024 | 0.85% |
| Q1 2025 | 0.63% |
| Q2 2025 | 0.79% |
| Q3 2025 | 1.19% |
| Q4 2025 | 0.33% |
| Q1 2026 | 0.77% |
| Q2 2026 | 0.96% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 88 | $597.5M | 14.85% | 0.12% | 0.96% | 46.5% |
| Q1 2026 | 85 | $619.1M | 14.26% | 0.12% | 0.77% | 44.3% |
| Q4 2025 | 82 | $623.4M | 14.51% | 0.12% | 0.33% | 43.6% |
| Q3 2025 | 90 | $599.8M | 15.02% | 0.25% | 1.19% | 44.6% |
| Q2 2025 | 84 | $604.0M | 14.24% | 0.20% | 0.79% | 40.9% |
| Q1 2025 | 81 | $634.1M | 13.79% | 0.23% | 0.63% | 38.4% |
| Q4 2024 | 84 | $603.7M | 14.03% | 0.18% | 0.85% | 42.8% |
| Q3 2024 | 84 | $597.4M | 14.64% | 0.38% | 0.78% | 41.9% |
| Q2 2024 | 83 | $596.7M | 14.30% | 0.43% | 0.78% | 41.5% |
2,650 peers · $100 million – $1 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).
Similar-size banks in South Carolina
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Piedmont Federal Savings and Loan Association of GaffneyBank Gaffney, SC | 84 out of 100, Strong | $597.1M | 29.1% | 0.73% | vs |
| The Bank of South CarolinaBank Charleston, SC | 77 out of 100, Strong | $571.2M | 11.8% | 0.29% | vs |
| Enterprise Bank of South CarolinaBank Ehrhardt, SC | 52 out of 100, Below average | $535.1M | 9.3% | 3.64% | vs |
| Oconee Federal Savings and Loan AssociationBank Seneca, SC | 78 out of 100, Strong | $679.4M | 13.6% | 0.33% | vs |
| CountybankBank Greenwood, SC | 69 out of 100, Moderate | $733.0M | 8.7% | 0.44% | vs |
| The Peoples BankBank Iva, SC | 89 out of 100, Very strong | $446.7M | 12.9% | 0.00% | vs |
Deposit insurance
Is my money safe at Palmetto State Bank?
Yes. Palmetto State Bank is an FDIC-insured institution (FDIC certificate #17563). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 27.4% of deposits ($135.3M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 14.85%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
8 locations
Branches
Palmetto State Bank lists 7 offices in 7 cities. Most locations:
- Allendale, SC (1)
- Beaufort, SC (1)
- Bluffton, SC (1)
- Estill, SC (1)
- Fairfax, SC (1)
- Hampton, SC (1)
- Lady'S Island, SC (1)
HMDA 2025
Mortgage lending
In 2025, Palmetto State Bank reported 70 home-loan applications under HMDA (LEI 549300RV76T00EYJVR19): 56 originated ($23,170,000 total), 6 denied, and 4 withdrawn or closed by the applicant. Its denial rate on decided applications was 9.1%, 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
- Palmetto State Bank
- Former names
- Loan and Exchange Bank
- Type
- State-chartered bank
- FDIC certificate #
- 17563
- RSSD ID
- 277820
- Primary regulator
- FDIC
- Holding company
- Palmetto State Bankshares Inc
- Established
- January 1, 1907
- Headquarters
- 601 1st St W, Hampton, SC 29924
- Website
- www.palmettostatebank.com
- Employees
- 81
Quick answers
Palmetto State Bank: common questions
Is Palmetto State Bank FDIC insured?
Yes. Palmetto State Bank is an FDIC-insured institution (FDIC certificate #17563). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Palmetto State Bank's TellerScore?
88 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Palmetto State Bank ever failed?
There is no failure record for FDIC certificate #17563 in the FDIC failed bank list.
How many branches does Palmetto State Bank have?
8 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Hampton
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Srp Federal Credit UnionCredit union North Augusta, SC | 81 out of 100, Strong | $2.1B | 13.8% | 0.74% | vs |
| Bank of NewingtonBank Newington, GA | 69 out of 100, Moderate | $333.8M | 9.1% | 0.48% | vs |
| Regions BankBank Birmingham, AL | 64 out of 100, Moderate | $159.8B | 9.5% | 0.93% | vs |
| Truist BankBank Charlotte, NC | 63 out of 100, Moderate | $548.3B | 9.8% | 0.72% | vs |
| Enterprise Bank of South CarolinaBank Ehrhardt, SC | 52 out of 100, Below average | $535.1M | 9.3% | 3.64% | vs |