FIRST PALMETTO BANK
CAMDEN, SOUTH CAROLINA · FDIC Cert #28396
Capital & Safety Analysis
According to FDIC financial data, FIRST PALMETTO BANK holds a Tier 1 capital ratio of 13.54%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST PALMETTO BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST PALMETTO BANK shows strong financial health indicators. With $950M in assets and a Health Score of 87/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
FIRST PALMETTO BANK has a Bank Health Score of A (87/100). It holds a Tier 1 capital ratio of 13.54%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
FIRST PALMETTO BANK holds $950M in total assets and $859M in total deposits. It is located in CAMDEN, SOUTH CAROLINA (FDIC Certificate #28396).
FIRST PALMETTO BANK has a Tier 1 capital ratio of 13.54%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.13%, and the return on assets is 1.00%.
Yes. FIRST PALMETTO BANK is FDIC-insured (Certificate #28396). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.