The Palmetto Bank, Laurens Branch

Location
South Carolina, Laurens County, Laurens
101 West Main Street 29360, SC

Banks near The Palmetto Bank, Laurens Branch

SunTrust Bank
0.0 mi.
SunTrust Bank, Laurens Branch 297
South Carolina, Laurens County, Laurens
201 West Main Street, SC, 29360
TD Bank
0.7 mi.
TD Bank, North Harper Branch
South Carolina, Laurens County, Laurens
508 North Harper Street, SC, 29360
GrandSouth Bank
16.7 mi.
GrandSouth Bank, Fountain Inn Branch
South Carolina, Greenville County, Fountain Inn
325 South Main Street, SC, 29644
SunTrust Bank
17.1 mi.
SunTrust Bank, Fountain Inn Branch 761
South Carolina, Greenville County, Fountain Inn
201 Trade St, SC, 29644
Woodforest National Bank
20.0 mi.
Woodforest National Bank, 8009 Simpsonville South Carolina Wal
South Carolina, Greenville County, Simpsonville
3950 Grandview Drive, SC, 29681
Wells Fargo Bank
20.0 mi.
Wells Fargo Bank, Simpsonville Branch
South Carolina, Greenville County, Simpsonville
667 Fairview Road, SC, 29680
TD Bank
20.2 mi.
TD Bank, Fairview Road Branch
South Carolina, Greenville County, Simpsonville
640 Fairview Road, SC, 29680
Bank of America
20.4 mi.
Bank of America, Fairview Road Branch
South Carolina, Greenville County, Simpsonville
622 Fairview Road, SC, 29680

The Palmetto Bank

EstablishedAug 1906
Number of domestic offices30
Websitehttp://www.palmettobank.com:80/

About The Palmetto Bank

The Palmetto Bank opened its doors in Laurens, South Carolina, with a determination to offer convenient services, quality products and friendly advice. The Palmetto Bank transitioned the Corporate Headquarters to downtown Greenville, SC, in 2009. This positioned the Bank in the gateway location of the cultural, entertainment and banking center of the Upstate.

The Bank has a unique understanding of the Upstate market and delivers local decision making with greater responsiveness to clients. Through its Retail, Commercial and Wealth Management lines of business, the Bank specializes in providing financial solutions to consumers and small to mid-size businesses with deposit and cash management products, loans (including consumer, Small Business Administration, commercial, corporate, mortgage, credit card and automobile), lines of credit, trust, brokerage, private banking, financial planning and insurance. Recognized by several international publications for innovative client solutions, the Bank provides technology solutions that improve the client experience by providing clients the ability to bank whenever they want, wherever they want.

Financial information

Total assets$1,146M
Net income$-2M
Net income, quarterly$3M
Total deposits$1,024M
Domestic deposits$1,024M
Equity capital$98M
ROA-0.15%
ROAQ, quarterly0.96%
ROA, pretax0.96%
ROAQ, quarterly, pretax0.66%
ROE-1.79%
ROEQ, quarterly11.44%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.