First Palmetto Bank: Bank Stress & Real-Estate Credit Exposure

At 66/100, First Palmetto Bank's DLRadar bank-stress reading is elevated; the institution is filed under FDIC Cert #28396. That figure comes straight from public FDIC call-report data — capital, asset quality, earnings and property-loan concentration — weighted by the bank's lending footprint.

Because First Palmetto Bank is rescored on each quarterly FDIC filing and graded on the identical model applied to every U.S. bank, its 66/100 reading stays current and directly comparable — a like-for-like number across 1 state and against any other institution. What separates this from a plain credit rating is the geographic weighting — First Palmetto Bank's 66/100 reading reflects not just its balance sheet but the 12 counties it lends into, so the score doubles as a map of where its stress will land first. Its lending reaches counties such as Charleston County, SC, Greenville County, SC, Richland County, SC, Lexington County, SC, each tied back to DLRadar's distress signals. The value is in the linkage: First Palmetto Bank's elevated reading is mapped onto 163 ZIP codes and 12 counties where DLRadar independently tracks foreclosures, tax liens and ownership turnover, so credit pressure and physical distress line up on one timeline. Over the trailing week its stress reading is stable. Direction is the tell: climbing stress signals credit pulling back, which shows up in forced sales months later. DLRadar maps First Palmetto Bank into 12 counties (163 ZIP codes) across 1 states — a compact, single-state lending base. Its heaviest exposure sits in South Carolina (12 counties). First Palmetto Bank is held under First Palmetto Financial Corp, so its disclosures are public and its stress trajectory is externally verifiable. Read against its 12-county reach, a elevated score sets the credit tone for every market on its map.

The acquisition angle is simple — lending capacity is what moves deals. As First Palmetto Bank tightens across its markets, refinances fail, builders lose credit, and over-levered owners are pushed toward default and forced exit. It is an early-warning read, flagging distress before it reaches the MLS.

Across the country DLRadar applies the identical model to every FDIC bank, then ties each institution to parcel-level foreclosure, lien and ownership data where it lends. The result is an early, auditable read on supply, every figure anchored to public data.