Palmetto Bancshares Inc (PLMT) financial statements (2021 and earlier)

Company profile

Business Address 306 EAST NORTH STREET
GREENVILLE, SC 29601
State of Incorp. SC
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4238101
Cash and cash equivalents3738101
Short-term investments6  
Disposal group, including discontinued operation1  
Total current assets:4438101
Noncurrent Assets
Property, plant and equipment222325
Total noncurrent assets:222325
Other undisclosed assets1,0531,0291,019
TOTAL ASSETS:1,1191,0901,145
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt16  
Total current liabilities:16  
Noncurrent Liabilities
Other undisclosed liabilities9709661,047
Total liabilities:9869661,047
Stockholders' equity
Stockholders' equity attributable to parent13312498
Common stock000
Additional paid in capital145145143
Accumulated other comprehensive loss(10)(10)(7)
Accumulated deficit(3)(11)(38)
Total stockholders' equity:13312498
TOTAL LIABILITIES AND EQUITY:1,1191,0901,145

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues46  
Net investment income36  
Financial services revenue10  
Cost of revenue
(Financial Services Costs)
 (3)(13)
Gross profit:46(3)(13)
Operating expenses(27)(21)(22)
Other operating income, net
(Noninterest Income, Other Operating Income)
1315 
Operating income (loss):32(10)(36)
Nonoperating income
(Investment Income, Nonoperating)
00 
Interest and debt expense(1)(2)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(17)2142
Income from continuing operations before income taxes:1591
Income tax expense (benefit)(5)183
Net income:9284
Other undisclosed net loss attributable to parent  (5)
Net income (loss) attributable to parent:928(2)
Other undisclosed net loss available to common stockholders, basic(0)(0) 
Net income (loss) available to common stockholders, diluted:927(2)

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income:9284
Other comprehensive income (loss)0(4)(4)
Comprehensive income (loss):1024(1)
Other undisclosed comprehensive loss, net of tax, attributable to parent  (5)
Comprehensive income (loss), net of tax, attributable to parent:1024(6)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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