X0303 5/A 2009-12-31 2010-02-16 0 0 1 0000706874 PALMETTO BANCSHARES INC n/a 0001246062 PATTERSON L LEON C/O PALMETTO BANCSHARES INC PO BOX 49 301 HILLCREST DRIVE LAURENS SC 29360 1 0 0 1 Chairman Common Stock, $5 Par Value 2009-02-11 4 P 0 L 300 42 A 492099 D Common Stock, $5 Par Value 2009-02-11 5 G 0 619 0 D 492099 D Amount beneficially owned includes all shares previously reported (including the transaction dated 8/6/2009 reported on 8/4/2009) in addition to the two transactions reported on this Form 5, Relationship to issuer as of the date of the filing of this form. Lauren S. Greer, with POA, CFO, The Palmetto Bank, a wholly owned subsidiary of Palmetto Bancshares, Inc. 2010-02-16