SOUTH ATLANTIC BANK

MYRTLE BEACH, SC | Large | Est. Nov. 28, 2007, midnight | FDIC #58689 | RSSD #3637247 | FDIC
Latest Report: 2025-12-31

SOUTH ATLANTIC BANK is aln large FDIC-insured commercial bank headquartered in MYRTLE BEACH, SC, established in Nov. 28, 2007, midnight. As of 2025-12-31, the bank reported total assets of $1.9B and total deposits of $1.6B. Profitability stands at 0.93% ROA and 11.19% ROE, with a net interest margin of 3.44%. The bank's CET1 capital ratio is 11.21%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.00% and a Texas Ratio of 0.00%. FDIC Certificate #58689.

Assets

$1.9B

Deposits

$1.6B

Loans

$1.5B

Equity

$161M

Profitability

Return on Assets (ROA) 0.93%
Return on Equity (ROE) 11.19%
Net Interest Margin (NIM) 3.44%
Yield on Assets 5.57%
Cost of Funds 2.65%

Asset Quality

NPL Ratio 0.00%
Net Charge-Off Ratio 0.00%
Texas Ratio 0.00%
NPA Ratio 0.00%
ACL / Loans 0.93%

Capital & Liquidity

CET1 Ratio 11.21%
Tier 1 Capital 11.21%
Total Capital Ratio 12.15%
Leverage Ratio 9.19%
Loan-to-Deposit 94.47%

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