South Atlantic Bank
Chartered Bank Active FDIC Insured
Health Score
9.4 / 10
630 29th Ave N, Myrtle Beach, SC 29577
Financial Overview
Total Assets $1.93B
Total Deposits $1.60B
Profitability (ROA) 1.05%
Shareholder Return (ROE) 12.29%
Capital Cushion (Eq/Assets) 8.61%
Established 11/28/2007
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$133.0M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: SouthAtlantic.bank
FDIC Certificate #: 58689
Specialization: Commercial Lending Specialization