RANKING ·
Lowest efficiency ratio in South Carolina
41 of 44 banks in South Carolina that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets and positive revenue. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Efficiency ratio (noninterest expense / revenue) | Total assets |
|---|---|---|---|---|
| 1 | Carolina Bank & Trust Company | Lamar, SC | 41.7% | $845 million |
| 2 | Bank of York | York, SC | 46.7% | $318 million |
| 3 | The Conway National Bank | Conway, SC | 48.4% | $2.0 billion |
| 4 | The Bank of Clarendon | Manning, SC | 51.3% | $438 million |
| 5 | First Piedmont Federal Savings and Loan Association | Gaffney, SC | 52.7% | $597 million |
| 6 | Farmers and Merchants Bank of South Carolina | Holly Hill, SC | 52.7% | $414 million |
| 7 | First Capital Bank | Charleston, SC | 53.1% | $1.3 billion |
| 8 | The Bank of South Carolina | Charleston, SC | 54.8% | $571 million |
| 9 | Southern First Bank | Greenville, SC | 56.1% | $4.7 billion |
| 10 | First Palmetto Bank | Camden, SC | 56.8% | $1.1 billion |
| 11 | United Community Bank | Greenville, SC | 56.8% | $29.0 billion |
| 12 | Bank of Travelers Rest | Travelers Rest, SC | 57.6% | $1.6 billion |
| 13 | First Community Bank | Lexington, SC | 57.8% | $2.4 billion |
| 14 | Coastal States Bank | Hilton Head Isla, SC | 58.1% | $2.4 billion |
| 15 | South Atlantic Bank | Myrtle Beach, SC | 58.4% | $2.0 billion |
| 16 | Anderson Brothers Bank | Mullins, SC | 58.8% | $2.4 billion |
| 17 | Oconee Federal Savings and Loan Association | Seneca, SC | 60.4% | $679 million |
| 18 | Palmetto State Bank | Hampton, SC | 60.7% | $597 million |
| 19 | First National Bank of South Carolina | Holly Hill, SC | 61.4% | $310 million |
| 20 | Peoples Bank the | Iva, SC | 61.7% | $447 million |
| 21 | Coastal Carolina National Bank | Myrtle Beach, SC | 61.9% | $1.4 billion |
| 22 | The Citizens Bank | Olanta, SC | 65.1% | $1.1 billion |
| 23 | Bank of Greeleyville | Greeleyville, SC | 65.2% | $160 million |
| 24 | Optus Bank | Columbia, SC | 68.4% | $764 million |
| 25 | Arthur State Bank | Union, SC | 69.1% | $832 million |
| 26 | Security Federal Bank | Aiken, SC | 69.2% | $1.5 billion |
| 27 | First Reliance Bank | Florence, SC | 69.7% | $1.1 billion |
| 28 | The Commercial Bank | Honea Path, SC | 73.0% | $284 million |
| 29 | Bank of the Lowcountry | Walterboro, SC | 73.3% | $430 million |
| 30 | Beacon Community Bank | Mount Pleasant, SC | 73.5% | $982 million |
| 31 | Pickens Savings and Loan Association, Federal Association | Pickens, SC | 74.0% | $138 million |
| 32 | Dedicated Community Bank | Darlington, SC | 74.2% | $101 million |
| 33 | Enterprise Bank of South Carolina | Ehrhardt, SC | 74.7% | $535 million |
| 34 | Abbeville First Bank SSB | Abbeville, SC | 74.7% | $139 million |
| 35 | Countybank | Greenwood, SC | 76.9% | $733 million |
| 36 | 1st Federal Savings Bank of Sc Inc. | Walterboro, SC | 82.7% | $152 million |
| 37 | Woodruff Federal Savings and Loan Association | Woodruff, SC | 82.9% | $104 million |
| 38 | Blue Ridge Bank | Walhalla, SC | 83.7% | $199 million |
| 39 | Southern Bank | Spartanburg, SC | 91.3% | $408 million |
| 40 | Spratt Savings Bank | Chester, SC | 92.1% | $154 million |
| 41 | Cbl State Savings Bank | Greer, SC | 98.3% | $191 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings