South Atlantic Bank

South Atlantic Bank
630 29th Ave N
Myrtle Beach, SC 29577

Status: Active
Concentration:Commercial Lending Specialization
Established:11/28/2007
FDIC Insurance:11/28/2007
FDIC Cert:#58689
Holden By:SOUTH ATLANTIC BANCSHARES INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:12, ranked #759
Website:SouthAtlantic.bank
Total Assets:$1,617,504,000, ranked #699
Total Deposits:$1,301,282,000, ranked #708
Total Equity Capital:$123,050,000, ranked #876
Total Domestic Deposits:$1,301,282,000, ranked #706
Net Income:$11,405,000, ranked #904
Quarterly Net Income:$2,471,000, ranked #938
Return on Assets:1%, ranked #943
Quarterly Return on Assets:1%, ranked #838
Return on Equity:10%, ranked #2330
Quarterly Return on Equity:8%, ranked #2464

Financial Information (2023-12-31 and Older)