Portrait of Judy BarnaskeyUPSTATE, S.C. – The Palmetto Bank (the “Bank”), the wholly-owned subsidiary of Palmetto Bancshares, Inc. (NASDAQ: PLMT), is pleased to announce the hiring of Judy Barnaskey as Assistant Vice President, Branch Manager of the Bank’s Seneca branch.

Ms. Barnaskey brings to the Bank twenty-seven years of financial services experience, the most recent of which was as branch manager for a regional bank in Oconee County.

“We are pleased to have Judy join The Palmetto Bank team. Her experience, commitment and dedication to providing an excellent client experience and support of our community are a true asset to the Seneca market,” said Beth Wilson, Greenville Retail Regional Executive.

Ms. Barnaskey is a native and resident of Central, South Carolina. She is a graduate of Leadership Class of Clemson and is active in United Way, March of Dimes and serving as Ambassador for Clemson Chamber of Commerce.

About The Palmetto Bank

Headquartered in Greenville, South Carolina, The Palmetto Bank is a 106-year-old independent state-chartered commercial bank and is the fourth largest banking institution headquartered in South Carolina. The Palmetto Bank has assets of $1.1 billion and serves the Upstate through 25 branch locations in the nine counties of Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, and Spartanburg. The Bank specializes in providing personalized community banking services to individuals and small to mid-size businesses including Retail Banking (including Mortgage, Credit Cards and Indirect Auto), Commercial Banking (including Small Business Administration loans, Business Banking, Corporate Banking, Treasury Management and Merchant Services), and Wealth Management (including Trust, Investments, Financial Planning, and Insurance). Additional information may be found at the Company’s web site at www.palmettobank.com or Facebook.