South Carolina		74-2235055
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

Class		Outstanding at August 14, 2002
Common stock, $5.00 par value		6,301,578

				Page No.
PART I .    FINANCIAL INFORMATION
Item 1.    Financial Statements
		Consolidated Balance Sheets at June 30, 2002 and 2001 and December 31, 2001		1
		Consolidated Statements of Income for the three months ended June 30, 2002 and 2001		2
		Consolidated Statements of Income for the six months ended June 30, 2002 and 2001		3
		Consolidated Statements of Changes in Shareholders’ Equity and Comprehensive Income for the six months ended June 30, 2002 and 2001		4
		Consolidated Statements of Cash Flows for the six months ended June 30, 2002 and 2001		5
		Notes to the Consolidated Interim Financial Statements		6
Item 2.     Management’s Discussion and Analysis of Financial Condition and Results of Operations				8
Item 3.     Quantitative and Qualitative Disclosures About Market Risk				26
PART II.    OTHER INFORMATION
Item 1.     Legal Proceedings				28
Item 2.     Changes in Securities and Use of Proceeds				28
Item 3.     Defaults Upon Senior Securities				28
Item 4.     Submission of Matters to a Vote of Security Holders				28
Item 5.     Other Information				29
Item 6.     Exhibits and Reports on Form 8-K				29
SIGNATURES				30

		June 30, 2002				June 30, 2001				December 31, 2001
		(unaudited)				(unaudited)
ASSETS
Cash and due from banks		$	32,939			$	32,783			$	27,742
Federal funds sold			21,316				2,426				17,949
Federal Home Loan Bank (FHLB) stock, at cost			1,733				1,733				1,733
Investment securities available for sale			102,101				88,202				95,095
Loans held for sale			4,147				11,202				10,054
Loans			570,283				543,392				553,821
Less allowance for loan losses			(5,867	)			(5,760	)			(5,658	)
Loans, net			568,563				548,834				558,217
Premises and equipment, net			19,789				17,422				19,175
Accrued interest receivable			4,628				5,074				4,947
Other assets			12,505				10,272				10,421
Total assets		$	763,574			$	706,746			$	735,279
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Deposits
Noninterest-bearing		$	105,444			$	105,490			$	102,679
Interest-bearing			558,949				512,299				542,621
Total deposits			664,393				617,789				645,300
Securities sold under agreements to repurchase			17,306				13,578				15,313
Commercial paper (Master notes)			14,401				11,857				11,076
Other liabilities			3,853				7,720				4,522
Total liabilities			699,953				650,944				676,211
Shareholders’ Equity
Common stock—par value $5.00 per share; authorized 10,000,000 shares; issued and outstanding 6,295,578, 6,262,734, and 6,283,623 shares, respectively			31,478				31,314				31,418
Capital surplus			44				40				26
Retained earnings			30,941				24,063				27,386
Accumulated other comprehensive income			1,158				385				238
Total shareholders’ equity			63,621				55,802				59,068
Total liabilities and shareholders’ equity		$	763,574			$	706,746			$	735,279

		For the three months ended June 30,
		2002			2001
Interest income
Interest and fees on loans		$	10,297		$	11,177
Interest and dividends on investment securities available for sale:
U.S. Treasury and U.S. Government agencies			437			151
State and municipal			498			674
Mortgage-backed securities			107			310
Interest on federal funds sold			153			75
Dividends on FHLB stock			24			32
Total interest income			11,516			12,419
Interest expense
Interest on deposits			2,985			4,833
Interest on securities sold under agreements to repurchase			50			138
Interest on federal funds purchased			—			28
Interest on commercial paper (Master notes)			37			98
Total interest expense			3,072			5,097
Net interest income			8,444			7,322
Provision for loan losses			1,000			1,388
Net interest income after provision for loan losses			7,444			5,934
Noninterest income
Service charges on deposit accounts			1,982			2,099
Fees for trust services			474			446
Gains on sales of loans			193			141
Investment securities gains			95			—
Other income			811			791
Total noninterest income			3,555			3,477
Noninterest expense
Salaries and other personnel			3,677			3,161
Net occupancy			561			478
Furniture and equipment			669			584
FDIC assessment			37			27
Postage and supplies			328			339
Marketing and advertising			275			288
Telephone			197			182
Cardholder processing expense			147			123
Sales finance losses			42			(6	)
Other expense			1,376			1,229
Total noninterest expense			7,309			6,405
Income before income taxes			3,690			3,006
Income tax provision			1,205			916
Net income		$	2,485		$	2,090
Net income per share-basic		$	0.40		$	0.33
Net income per share-dilutive			0.38			0.32
Cash dividends declared per share			0.11			0.10

		For the six months ended June 30,
		2002			2001
Interest income
Interest and fees on loans		$	20,825		$	22,009
Interest and dividends on investment securities available for sale:
U.S. Treasury and U.S. Government agencies			748			423
State and municipal			1,133			1,365
Mortgage-backed securities			238			655
Interest on federal funds sold			211			217
Dividends on FHLB stock			50			67
Total interest income			23,205			24,736
Interest expense
Interest on deposits	&n