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South Atlantic Bank, Financial Information

AboutSouth Atlantic Bank

 Address:
630 29th Ave North
Myrtle Beach,SC
Horry County,South Carolina
 Established:
Nov 2007
 Number of domestic offices:
10
Total assets$943M
Net income$8M
Net income,quarterly$2M
Total deposits$846M
Domestic deposits$846M
Equity capital$86M
ROA0.89%
ROAQ,quarterly0.81%
ROA,pretax0.81%
ROAQ,quarterly,pretax1.0%
ROE9.55%
ROEQ,quarterly8.88%
UpdatedMay 20, 2021

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.

Historical Data