South Atlantic Bank
| Weiss Ratings |
South Atlantic Bank
Myrtle Beach, SC |
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| Rating | ||||
| Asset Quality Index | 7.40 | |||
| Capitalization Index | 7.30 | |||
| Liquidity Index | 2.80 | |||
| Profitability Index | 4.50 | |||
| Stability Index | 6.90 | |||
| Company Info |
South Atlantic Bank
Myrtle Beach, SC |
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| FDIC Number | 58689 | |||
| Phone Number | (843) 839-4950 | |||
| Website | southatlantic.bank | |||
| Asset Quality |
South Atlantic Bank
Myrtle Beach, SC |
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| 1-Year Asset Growth | 6.03% | |||
| 5-Year Asset Growth | 20.64% | |||
| 5-Year Charge-Offs to Average Loans | 0.00% | |||
| Charge-Offs to Average Loans | 0.00% | |||
| Non-Performing Assets to Assets | 0.01% | |||
| Non-Performing Loans to Capital | 0.07% | |||
| Non-Performing Loans to Loans | 0.01% | |||
| Balance Sheet |
South Atlantic Bank
Myrtle Beach, SC |
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| Total Assets | 1.98B | |||
| Total Deposits | 1.68B | |||
| Capital and Reserves |
South Atlantic Bank
Myrtle Beach, SC |
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| Capital | 171.02M | |||
| Leverage Ratio | 9.42 | |||
| Loan Loss Reserves to Loans | 0.95% | |||
| Risk-Based Capital Ratio | 12.21 | |||
| Liquidity |
South Atlantic Bank
Myrtle Beach, SC |
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| Hot Money Ratio | 12.04% | |||
| Liquidity Ratio | 13.32% | |||
| Profitability |
South Atlantic Bank
Myrtle Beach, SC |
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| 5-Year Return on Average Assets | 0.87% | |||
| Net Income | 10.35M | |||
| Net Interest Spread | 3.31% | |||
| Operating Profit to Average Assets | 1.32% | |||
| Overhead Efficiency Ratio | 59.17% | |||
| Return on Assets | 1.08% | |||
| Return on Equity | 12.47% | |||