Attached files

file filename
S-1 - S-1 FOLLOW-ON - PALMETTO BANCSHARES INCds1.htm
EX-99.1 - FORM OF SUBSCRIPTION AGREEMENT - PALMETTO BANCSHARES INCdex991.htm
EX-99.2 - FORM OF NOTICE TO RECORD SHAREHOLDERS OTHER THAN NOMINEES - PALMETTO BANCSHARES INCdex992.htm
EX-99.3 - FORM OF NOTICE TO RECORD SHAREHOLDERS WHO ARE ACTING AS NOMINEES - PALMETTO BANCSHARES INCdex993.htm
EX-5.1 - LEGAL OPINION OF NELSON MULLINS RILEY & SCARBOROUGH LLP - PALMETTO BANCSHARES INCdex51.htm

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Board of Directors

Palmetto Bancshares, Inc. and Subsidiary

We consent to incorporation by reference in the Registration Statement on Form S-1 of our report dated February 26, 2010 related to the consolidated balance sheet of Palmetto Bancshares, Inc. and Subsidiary as of December 31, 2009 and the related consolidated statements of income (loss), shareholders’ equity and comprehensive income (loss) and cash flows for the year then ended, which report appears in the December 31, 2009 Annual Report on 10-K and to the reference to us under the heading “Experts” in the Registration Statement.

LOGO

Greenville, South Carolina

October 8, 2010