Bank of the Lowcountry: how it compares with its peers
Against 16 SC banks with half to twice its assets, Bank of the Lowcountry's strongest measure in Q2 2026 is assets per employee ($7.1M vs. a $6.4M peer median). Its weakest relative measure is return on assets (0.75% vs. 1.49%).
| Measure | Bank of the Lowcountry | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.75% | 1.49% | Bottom third Ahead of 6% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.96% | 3.85% | Middle third Ahead of 56% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 74.95% | 58.63% | Bottom third Ahead of 19% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.1M | $6.4M | Middle third Ahead of 63% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.58% | 67.55% | Context |
What it means for lending operations
Its efficiency ratio of 74.95% is above the 58.63% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Bank of Clarendon Manning, SC · $438M
- The Peoples Bank Iva, SC · $447M
- Farmers and Merchants Bank of South Carolina Holly Hill, SC · $414M
- Southern Bank Spartanburg, SC · $408M
- Enterprise Bank of South Carolina Ehrhardt, SC · $535M
- Bank of York York, SC · $318M
Questions about Bank of the Lowcountry
How big is Bank of the Lowcountry?
Bank of the Lowcountry, established in 1989, is headquartered in Walterboro, SC. It reported $430M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Bank of the Lowcountry's return on assets?
0.75% annualized in Q2 2026, against a 1.49% median for 16 SC banks with half to twice its assets, ahead of 6% of them.
What is Bank of the Lowcountry's efficiency ratio?
74.95% in Q2 2026: it spent about 75 cents in noninterest expense for each dollar of revenue. The peer median is 58.63%, and lower is better.
Is Bank of the Lowcountry growing its loans?
Net loans grew 14.0% over the year to Q2 2026, while deposits grew 5.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are SC banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Carolina bank ranked.