State Coverage: South Carolina

Ambank, Brogan, CoastalStates Hit with Fed Enforcement Orders

American Banker | Feb 07

The Federal Reserve Board has ordered bank holding companies in Iowa, Wisconsin and South Carolina to use whatever resources are available to them to nurse their ailing bank subsidiaries back to health.

Security Federal in S.C. Switches to State Charter

American Banker | Dec 29

Security Federal Corp. in Aiken, S.C.. has reorganized as a bank holding company and its subsidiary, Security Federal Bank, has converted from a federally chartered thrift to a state-regulated commercial bank.

Palmetto in S.C. to Cut Branches, Jobs

American Banker | Dec 15

Ailing Palmetto Bancshares Inc. in Greenville, S.C., will shutter more branches and eliminate more jobs as it struggles to return to profitability.

Park Sterling Renames Acquired Branches

American Banker | Dec 01

The names of 18 former CapitalBank branches in South Carolina have been changed to Park Sterling Bank.

Bank Buyers to Sellers: Get Real on Price

American Banker | Nov 10

Four community bankers on the hunt for acquisitions warned prospective sellers that they will have little say in how much they get paid.

First Guaranty in Florida Selling Most of Itself to CertusBank

American Banker | Nov 09

CertusBank in Greenville, S.C. said Wednesday that it agreed to buy $96 million of performing loans and $211 million of deposits from First Guaranty Bank Corp. in Jacksonville, Fla.

Park Sterling in North Carolina Gets Closer to Buying Neighboring Bank

American Banker | Oct 28

Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.

Fed Takes Action Against Three Banks

American Banker | Oct 27

The Federal Reserve has announced written agreements with three banking companies.

Bank of North Carolina to Buy Two-year-Old Regent of S.C.

American Banker | Sep 08

Bank of North Carolina in Thomasville, N.C., announced Thursday that it is buying Regent Bank in Greenville, S.C., for $9.8 million.

Integra Bank Tops Week's Failures as '11 Tally Hits 61

American Banker | Jul 29

Integra Bank in Evansville, Ind., was closed by the Office of the Comptroller of the Currency, after fighting to survive for nearly two years.

More Lending Lifts SCBT 2Q Results

American Banker | Jul 29

SCBT Financial Corp. in Columbia, S.C., which bought a failed bank and raised capital in February, on Friday posted its best quarterly results in two years.

First Financial in S.C. Plans Bulk Sale of Problem Loans

American Banker | Jul 19

First Financial Holdings Inc. in Charleston, S.C., is looking to unload $155 million of mostly troubled real estate loans by the end of 2011.

Loan Growth Aided South Carolina Bank's Earnings

American Banker | Jul 13

The Bank of South Carolina Corp. is on pace to beat its profit target for the full year thanks to strong second-quarter results, its president said Wednesday.

South Carolina Bank to Buy Palmetto

American Banker | Jul 06

First Community Corp. agreed to buy the assets of Palmetto South Mortgage of Columbia, S.C. The Lexington, S.C., company said it expects to complete the deal on July 31.