Anderson Brothers Bank, Loris 701 Branch

Location
South Carolina, Horry County, Loris
302 Highway 701 North 29569, SC
Phone 843-756-6001

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Anderson Brothers Bank

EstablishedJan 1933
Number of domestic offices22
Websitehttp://www.abbank.com

About Anderson Brothers Bank

Anderson Brothers Bank had its beginning in 1933 during the Depression period. Anderson Brothers Bank had its origin in the back of the Anderson Warehouse in Mullins as a small office that was set up to finance the Mullins tobacco market. Financing meant loaning money to warehousemen so they could issue checks to farmers immediately following the sale of tobacco. Warehouse loans were paid off as tobacco companies such as Reynolds, American, Imperial, etc. paid the warehouses several days or weeks later for the tobacco they had bought. The small office at the back of the warehouse turned into a depository and eventually moved to Main Street, across from the bank's present main office in Mullins.

Today, Anderson Brothers Bank remains family-owned and operated. In 1933, Anderson Brothers Bank was opened with the idea of helping the families and businesses in the community. Today, banks commitment to customers and communities remains unwavering and strong.

101 N. Main St.
PO Box 310
Mullins, SC 29574
Phone: 843-464-6271 or 800-345-8081

Social Media monitoring

twitter.com We had great turnout today for our Thanksgiving Clinic. Thank you to all the players who came to work and contribut… https://t.co/FVe7N4Y66Z
Source: twitter.com | author: Manzer Basketball | 564 | 19/11/17 21:11
twitter.com Thanksgiving Camp powered by Anderson Brothers Bank is underway in Myrtle Beach! https://t.co/JXjuAocyrV
Source: twitter.com | author: Manzer Basketball | 564 | 19/11/17 14:53
twitter.com Make Your Mark would like to recognize Mr. David Anderson of Anderson Brothers Bankhttps://t.co/i5KyaauJ17 in Mull… https://t.co/SANcxGmLq4
Source: twitter.com | author: Make Your Mark FD | 57 | 15/11/17 08:34
twitter.com Make Your Mark would like to recognize Mr. David Anderson of Anderson Brothers Bankhttps://t.co/i5KyaauJ17 in Mull… https://t.co/6aAdHcp4yw
Source: twitter.com | author: Make Your Mark FD | 57 | 15/11/17 08:33
twitter.com Bring your own basketball and 5 canned goods to our FREE Thanksgiving Clinic powered by Anderson Brothers Bank. https://t.co/7gd1kCbetw
Source: twitter.com | author: Manzer Basketball | 562 | 06/11/17 19:40
twitter.comAnderson Brothers Bank announced Monday the promotion of Jessica Gleason to branch operations coordinator of the... https://t.co/GhYFCQVeNY
Source: twitter.com | author: Morning News | 6431 | 06/11/17 12:52
twitter.com Mullins defense bottles up Marion for Anderson Brothers Bank Tobacco Bowl trophy https://t.co/hBGBrYXXSY via @VoiceOfPeeDee
Source: twitter.com | author: Morning News Sports | 2147 | 28/10/17 10:10
twitter.com This is an update to the story posted Saturday. https://t.co/l6PSjThHBL
Source: twitter.com | author: GAB News | 93 | 16/10/17 10:14
twitter.com For all of your financial planning and banking needs, head to Anderson Brothers Bank in Mullins. They can meet... https://t.co/QcxfauHAct
Source: twitter.com | author: Make Your Mark FD | 58 | 16/09/17 18:46
twitter.com I just wrote the first review for Anderson Brothers Bank on #Yelp! Small town banking options are limited, but Ande… https://t.co/lefPnGijEX
Source: twitter.com | author: Amy Lauren ♔ | 1383 | 25/08/17 21:48
twitter.comAnderson Brothers Bank sponsors Law Enforcement Appreciation Dinner in Marion and Dillon counties #SC#HiTechCJhttps://t.co/iz4Sn8TT71
Source: twitter.com | author: Raymond E. Foster | 44834 | 23/08/17 10:15
Source: twitter.com | author: Dixie Hix | 118 | 11/08/17 16:20

Financial information

Total assets$623M
Net income$4M
Net income, quarterly$2M
Total deposits$559M
Domestic deposits$559M
Equity capital$58M
ROA1.27%
ROAQ, quarterly1.31%
ROA, pretax1.31%
ROAQ, quarterly, pretax1.92%
ROE13.77%
ROEQ, quarterly14.09%
UpdatedNov 16, 2017

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.