South Atlantic Bank
Headquartered in Myrtle Beach, SC. Part of South Atlantic Bancshares, Inc. FDIC certificate #58689 · Federal Reserve RSSD 3637247.
Total assets
$1.9B
Deposits
$1.6B
Q1 2026
Active branches
12
Closings since Jan 2020
1
4 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$5M
Return on assets
1.05%
Return on equity
12.29%
Noncurrent loan rate
0.00%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
22025
Values in $ billions, June 30 of each year.
Closings by year
12024
Openings by year
12020
12021
12022
12024
Other network changes since 2020
- 4 branch relocations
Branches by state
Recent closings
- 5A PARK LN · closed August 2, 2024
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: SouthAtlantic.bank.