What's New
Mister Softee is Coming!
Treat Yourself to some ice cream! All proceeds go to the Grand Strand Miracle Leagues!! Friday, August 16 1:15 p.m. – 4:15 p.m. South Atlantic Bank Myrtle Beach Office 630 29th Ave North
Mid-Year Earnings Grow 313 Percent
Myrtle Beach, South Carolina, July 23, 2019 – South Atlantic Bancshares, Inc. (“South Atlantic” or the “Company”) (OTCQX: SABK), parent of South Atlantic Bank (the “Bank”), today reported net income of $3.1 million, or $0.41 per diluted share, for the six months ended June 30, 2019, compared to $752 thousand, or $0.11 per diluted share, … Continue reading “Mid-Year Earnings Grow 313 Percent”
Earnings Grow 59 Percent
Myrtle Beach, South Carolina, April 23, 2019 – South Atlantic Bancshares, Inc. (the “Company”) (OTCQX: SABK), parent of South Atlantic Bank, today reported net income of $1.3 million or $0.17 per diluted share for the three months ended March 31, 2019, compared to $801 thousand or $0.13 per diluted share reported for the same period … Continue reading “Earnings Grow 59 Percent”
Year End Earnings 2018
MYRTLE BEACH, SC, January 23, 2019 – South Atlantic Bancshares, Inc. (the “Company”) (OTCQX:SABK), announced today the results of its operations for the year ended December 31, 2018. Highlights include: Net operating return on average assets (a non-GAAP financial measure) of 0.80 percent for the year ended December 31, 2018, the best performance in Company … Continue reading “Year End Earnings 2018”
Happy Martin Luther King Jr. Day
Our offices will be closed Monday, January 21 in observance of Martin Luther King, Jr. Day. Our online banking, goMobile app and ATMs are always available!
