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    Palmetto Bancshares Inc. (PLMT)

    18.49 Up 0.19(1.04%) 4:00PM EDT
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    Palmetto Bancshares Inc.
    306 East North Street
    Greenville, SC 29601
    United States - Map
    Phone: 800-725-2265
    Website: http://www.palmettobank.com

    Index Membership:N/A
    Industry:Regional - Southeast Banks
    Full Time Employees:290

    Business Summary 

    Palmetto Bancshares, Inc. operates as the bank holding company for The Palmetto Bank that provides retail and commercial banking, and wealth management services to consumers and businesses in the United States. The company’s deposit products include checking accounts and savings accounts, noninterest-bearing and interest-bearing transaction deposits; money market deposits; savings deposits; and time deposits. Its loan products comprise commercial real estate, single-family residential real estate, commercial and industrial, consumer, small business administration, corporate, mortgage, credit card, and automobile loans, as well as home equity loans and home equity lines of credit. In addition, the company offers cash management, trust, brokerage, private banking, financial planning, insurance, mobile and online banking, automated teller machines (ATM), and debit card services. As of June 30, 2014, the company provided its products and services through 25 branches. It also operates approximately 27 automatic teller machines and 6 limited service offices located in retirement centers in the Upstate. The company was founded in 1906 and is headquartered in Greenville, South Carolina.

    Key Statistics

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    Corporate Governance 
    Palmetto Bancshares Inc.’s ISS Governance QuickScore as of May 1, 2015 is 10. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 9; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Samuel L. Erwin , 47
    Chairman of The Board, Chief Exec. Officer, Pres, Chief Exec. Officer of The Palmetto Bank, Pres of The Palmetto Bank, Chairman of Palmetto Bank and Director of The Palmetto Bank
    Mr. Roy D. Jones , 47
    Chief Financial Officer, Chief Accounting Officer, Chief Financial Officer of The Palmetto Bank, Chief Accounting Officer of The Palmetto Bank and Treasurer of The Palmetto Bank
    Mr. Lee S. Dixon , 49
    Chief Operating Officer, Chief Risk Officer, Corp. Sec., Director, Chief Operating Officer of The Palmetto Bank, Chief Risk Officer of The Palmetto Bank, Corp. Sec. of The Palmetto Bank and Director of The Palmetto Bank
    Mr. Mark A. Terry ,
    Chief Information Officer
    Mr. W. Jack McElveen Jr., 52
    Chief Credit Officer
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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