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Companies/South Atlantic Bancshares, Inc.
Company profile

South Atlantic Bancshares, Inc.

OTC: SABK · Financial Services · Banks - Regional
PublicHQ Myrtle Beach, SC · HorryReports USD
#337 of 1,011 Financial Services companies by revenue54th-percentile growth
EA Score
51D
FH 45DQ —GM 69SS 49
v0.1 · 45/100 weight · provisional
↑ return on equity, 3-yr revenue growth · ↓ balance-sheet leverage, Piotroski F
Methodology →
Revenue TTM
$103.5M
Rev growth YoY (TTM)
+7.4%
Net income (FY)
$16.2M
Employees
170
Market cap
$194.3M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$102.3M$102.3M2025
Net income$16.2M$16.2M2025
Operating income$20.3M$20.3M2025
Total assets$1.9B$1.9B2025
Liabilities$1.8B$1.8B2025
Equity$134.6M$134.6M2025

Revenue trend

FY2018 – FY2025 · USD
$30.2M
FY18
$37.1M
FY19
$41.6M
FY20
$47.8M
FY21
$53.8M
FY22
$74.1M
FY23
$93.3M
FY24
$102.3M
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

South Atlantic Bancshares, Inc. booked $102.3M in FY2025 revenue, growing 9.6% year over year — about the middle of the pack among Financial Services companies we track, at a 15.8% net margin.

Peers · Financial Services
First Acceptance Corporation66BCB Financial Services, Inc.41DFS Bancorp61CNewbury Street II Acquisition Corp——
Neighbors
Horry →
CNB Corp.$36.5M——Coastal Carolina Bancshares, Inc.$65.0M52DTMM, Inc.$0——4Cable TV International, Inc.$0——PCT Ltd$1.3M——
Key facts
CEOK. Wayne Wicker
SectorFinancial Services
IndustryBanks - Regional
HeadquartersMyrtle Beach, SC
ExchangeOTC: SABK
Employees170
IPO date2018-02-07
Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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