South Atlantic Bank

Details South Atlantic Bank South Atlantic Bank

www.southatlanticbank.com

South Carolina

Horry

Myrtle Beach

(NM) Commercial bank, state charter and Fed nonmember

active

58689

2007

FDIC Certificate Number: 58689
FDIC's unique number: 463026
The FDIC Field Office where an institution is physically located: Columbia Sc

Federal Reserve ID Number: 3637247
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 2
Number of Foreign Offices: 0
The date of the last data update: 2010-10-01

2007-11-28 Institution established. Original name: South Atlantic Bank.

Total assets: $246,745,000
Total deposits: $225,254,000
Deposits held in domestic offices: $225,254,000
Equity capital: $21,156,000

Net income: $353,000

Return on Assets: 0.32
Return on Equity: 3.43
Last updated on: 2011-10-20

Bank Holding Company: South Atlantic Bancshares, Inc.

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Profile ID: LFUS-BAB-P-20823