South Atlantic Bancshares, Inc. reports first quarter 2021 Earnings. To view the earnings release, download the PDF.
Learn More About First Quarter 2021 Earnings
Account Holder Updates Deep Dive: Fighting Back Against The Fraud Plaguing P2P Payment Apps Payment app users also have to take security into their own hands. The first step is often fixing poor password hygiene. A recent study from data analytics firm FICO found that only 37 percent of bank customers use separate passwords for […]
Learn More About IT Regulatory Compliance Security
South Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that resolve personal and commercial banking issues:
Learn More About Methods – Volume 2
South Atlantic Bancshares, Inc. reports year-end 2020 earnings. To view the earnings release, please download the PDF.
Learn More About Year-End 2020 Earnings
South Atlantic Bank answers your questions about the upcoming Economic Impact Payments. To view the information, download the PDF.
Learn More About Economic Impact Payments
Compared to South Carolina’s larger, tourist-focused areas like Myrtle Beach and Charleston, Pawleys Island, offers residents and visitors more of a getaway feel. The town has beautiful beaches, fresh seafood, gorgeous golf courses, and plenty of solid surf drawing laid-back South Carolinians and beach lovers from across the country to one of our area’s lesser-known […]
Learn More About Pawleys Island
Are you looking for an out-of-the-ordinary adventure that’s suitable for the whole family? Head to the Murrells Inlet MarshWalk, located in Murrells Inlet, SC. This historic fishing village is one of the state’s oldest coastal communities. Its main attraction—a 1/2-mile wooden boardwalk over a natural saltwater marsh—offers a wealth of waterfront dining, sightseeing, and entertainment […]
Learn More About Take a Walk in Murrells Inlet
College can be expensive. In fact, researchers at EducationData.org discovered that the average yearly price of tuition, fees, room, and board during the 2019-2020 academic year was $30,500. That’s a whopping $122,000 over four years. Once you account for the fact that less than 40% of students actually complete a four-year degree in four years, the price […]
Learn More About Three Ways to Save for College
From dive bars at the Boardwalk to big-city stages, Myrtle Beach offers an endless number of places for locals and visitors to kick back, relax, and take in live music seven days (or nights) a week. To learn more about which concert venues should be on your must-see list, we polled a dozen or so […]
Learn More About Turn It Up: The Best Places to Hear Live Music in Myrtle Beach
At South Atlantic Bank, we’re making it easier than ever to bank from wherever you are—at home, on the beach, on the water, and beyond. With 24/7/365 access to South Atlantic Bank’s suite of digital banking services, you can access your accounts from anywhere you have an internet connection! NetTeller Online Banking Bring the bank […]
Learn More About Digital Banking That’s Tailor-Made for You
Located just inland of South Carolina’s Hilton Head Island, the charming town of Bluffton is one of the Lowcountry’s best-kept secrets. It boasts a unique collection of pristine golf courses, culinary delights, memorable outdoor activities, and old-world charm that shows why locals say, “Bluffton is a state of mind.” And with that, here are our […]
Learn More About Out and About: Things to Do in Bluffton, SC
Scams are one thing you don’t want to unwrap this holiday season. Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. Add to that this time of expanded use of online banking and the busy holiday shopping season, and the problem is only growing […]
Learn More About #BanksNeverAskThat
South Atlantic Bancshares, Inc. reports third quarter financial and employee news. Download the pdf of the quarterly newsletter.
Learn More About Third Quarter 2020 Report
South Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that resolve personal and commercial banking issues:
Learn More About Methods – Volume 1
South Atlantic Bancshares, Inc. reports third quarter 2020 earnings. To view the earnings release, download the PDF.
Learn More About Third Quarter 2020 Earnings
Can You Spot a Phishing Scam? Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers […]
Learn More About #BanksNeverAskThat
Download the PDF of South Atlantic Bank's second quarter 2020 earnings.
Learn More About 2nd Quarter 2020 Earnings
Myrtle Beach, South Carolina, April 21, 2020 – South Atlantic Bancshares, Inc. (“South Atlantic” or the “Company”) (OTCQX: SABK), parent of South Atlantic Bank (the “Bank”), today reported net income of $1.3 million, or $0.17 per diluted share, for the quarter ended March 31, 2020, compared to $1.3 million, or $0.17 per diluted share, reported […]
Learn More About Earnings of 17 Cents Per Diluted Common Share For 2020 First Quarter
The IRS began sending out the early rounds of economic impact payments on April 11th via direct deposit. For most eligible taxpayers who filed returns in 2018 and 2019 and most seniors and retirees, payments are automatic and no action is required. The IRS plans to send a letter to the taxpayer’s last known address […]
Learn More About IRS Economic Impact Payments
Stimulus check scams will be common as the government prepares to send out money. Do not respond to texts or emails about the checks or direct deposit payment. Remember, the government: Will not ask you to pay anything up front to get this money. No fees. No charges. Will not call and ask for your […]
Learn More About Avoid COVID-19 Scams
We have temporarily converted to drive-thru only service to protect the health of our customers and employees. This is a healthcare crisis not a financial crisis, and we are doing our part to contain the virus. We have changed our operating conditions to protect the community, but we stand ready, as always, to serve our […]
Learn More About The Safest Place for Your Money
With the spread of COVID-19, cyber criminals are ready to take advantage of the situation. Here are some reminders to keep yourself safe: South Atlantic Bank, the US government, or any legitimate company will NEVER call OR email you and ask you for your: social security number, personal bank account information, credit card information, or […]
Learn More About Stay Cyber Safe
By using our Electronic Banking options, you can bank from home and access your accounts anytime. Online Banking transfers funds view account activity make loan payments issue stop payments pay your bills goMobile Banking App transfer funds check your account balances pay bills remote deposit report a card lost or stolen Telephone Banking 24/7 – […]
Learn More About Electronic Banking Tips
To our customers and friends, We are updating you today regarding the measures we are taking at South Atlantic Bank considering the ever evolving COVID-19 environment. Our priorities remain, as always, to ensure the safety and well-being of our employees and the communities we serve, all while providing our standard exemplary customer service. After meeting […]
Learn More About Serving Our Customers During COVID-19
The Grand Opening of our Towne Centre office scheduled for Thursday, March 19th has been postponed. A new date will be announced as soon as we are able to reschedule. The health and safety of our community is our top priority.
Learn More About Towne Centre Grand Opening!
Myrtle Beach, South Carolina, January 21, 2020 – South Atlantic Bancshares, Inc. (“South Atlantic” or the “Company”) (OTCQX: SABK), parent of South Atlantic Bank (the “Bank”), today reported net income of $6.1 million, or $0.80 per diluted share, for the year ended December 31, 2019, compared to $3.5 million, or $0.47 per diluted share, reported […]
Learn More About Earnings of 80 Cents Per Diluted Common Share for 2019 Year-End
Myrtle Beach, South Carolina, October 15, 2019 – South Atlantic Bancshares, Inc. (“South Atlantic” or the “Company”) (OTCQX: SABK), parent of South Atlantic Bank (the “Bank”), today reported net income of $4.8 million, or $0.63 per diluted share, for the nine months ended September 30, 2019, compared to $2.1 million, or $0.29 per diluted share, […]
Learn More About Third Quarter 2019 Earnings Reflect Continued Growth
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, […]
Learn More About Mid-Year 2019 Earnings Grow 313 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 […]
Learn More About First Quarter 2019 Earnings Grow 59 Percent
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 […]
Learn More About Year-End Earnings 2018
MYRTLE BEACH, SC, October 23, 2018 — South Atlantic Bancshares, Inc. (“South Atlantic”) (OTCQX:SABK), announced today the results of its operations for the third quarter ended September 30, 2018. Financial Highlights Net operating return on average assets (non-GAAP) of 0.78 percent for the nine months ended September 30, 2018, the best performance in company history. Net interest […]
Learn More About Third Quarter Earnings 2018
Help Us as We Support the Grand Strand Miracle Leagues with our Annual Fundraiser! Make a donation today at any of our offices.
Learn More About Help Us as We Support the Grand Strand Miracle Leagues
MYRTLE BEACH, SC, July 25, 2018 — South Atlantic Bancshares, Inc. (“South Atlantic”) (OTCQX:SABK), announced today the results of its operations for the second quarter ended June 30, 2018. Financial Highlights Net operating return on average assets (non-GAAP) of 0.75 percent for the six months ending June 30, 2018, the best performance in company history. […]
Learn More About Mid-Year Earnings 2018
Myrtle Beach, South Carolina, April 16, 2018 – South Atlantic Bancshares, Inc. (the “Company”) (OTCQX: SABK), parent of South Atlantic Bank, today reported net income of $801,345 or $0.12 per diluted share for the three months ended March 31, 2018, compared to $686,134 or $0.10 per diluted share reported for the same period a year […]
Learn More About First Quarter 2018 Earnings Grow 16.8 Percent
Myrtle Beach, South Carolina, April 2, 2018 – South Atlantic Bancshares, Inc. (OTCQX: SABK) (“South Atlantic”), parent of South Atlantic Bank, today announced the closing of its acquisition of Atlantic Bancshares, Inc. (OTCPink: ATBA) (“Atlantic Bancshares”), parent of Atlantic Community Bank, effective April 2, 2018. Atlantic Bancshares had assets of approximately $85 million. The acquisition expands South Atlantic’s […]
Learn More About Merger Complete of Atlantic Bancshares
Myrtle Beach, South Carolina, March 13, 2018 – South Atlantic Bancshares,Inc. (OTCQX: SABK) (“South Atlantic”), parent of South Atlantic Bank, today announced it has received regulatory approvals from the Federal Deposit Insurance Corporation and the South Carolina Board of Financial Institutions necessary to complete the previously announced merger with Atlantic Bancshares, Inc. (OTCPink: ATBA) (“Atlantic Bancshares”), […]
Learn More About Merger Receives Regulatory Approval
Myrtle Beach, South Carolina, January 30, 2018 – South Atlantic Bancshares, Inc. (the “Company”) (OTCQX: SABK), parent of South Atlantic Bank, today reported net income of $3,414,260 for the year ended December 31, 2017, compared to $2,603,928 for the same period a year ago. These figures represent a 31.1 percent increase in net income. Financial […]
Learn More About Year-End 2017 Earnings Growth Caps 10th Anniversary Year
Myrtle Beach, South Carolina, January 25, 2018 –South Atlantic Bank announced the promotion of the following employees at the Myrtle Beach office: Michelle Coletta has been promoted to senior vice president and retail sales manager for the bank. Alison Van Wagner has been promoted to assistant vice president and branch manager of the Myrtle Beach office, and Katie […]
Learn More About Staff PromotionsWe're here to help you. Visit our Help Center to find important information and frequently asked questions.
Visit Help CenterReady to make the switch? Open a new account with South Atlantic Bank.
Next Steps for Signing Up