South Atlantic Bank
Myrtle Beach, SC · Cert 58689 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · South Atlantic Bancshares Inc.
State charter, non-member · FDIC · 12 branches
Q2 2026
$2.0BAssets
$1.5BLoans
$1.7BDeposits
$171.0MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 97% of banks $1B-$10B in assets operating in a single state (rank 8 of 258).
- Widest gap: equity / assets trails 84% of banks $1B-$10B in assets operating in a single state (rank 218 of 258).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
1.05%
Rank 167 of 258
Net Interest Margin
3.11%
Rank 199 of 258
Efficiency Ratio
59.17%
Rank 121 of 257
Equity / Assets
8.64%
Rank 218 of 258
Non-interest income vs. expense
Unfavorable gap of $32.8M · efficiency ratio beats 53% of banks $1B-$10B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.05% | 0.93% | 1.23% | 1.54% | Beats 35% | 167 / 258 | | |
| Return on Equity | 12.11% | 9.26% | 11.84% | 14.74% | Beats 52% | 124 / 258 | | |
| Net Interest Margin | 3.11% | 3.16% | 3.49% | 3.88% | Beats 23% | 199 / 258 | | |
| Efficiency Ratio | 59.17% | 51.71% | 60.30% | 69.65% | Beats 53% | 121 / 257 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.01% | 0.19% | 0.46% | 0.90% | Beats 97% | 8 / 258 | | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.02% | 0.07% | Beats 94% | 20 / 258 | | |
| Capital |
| Tier 1 Capital Ratio | 11.27% | 11.41% | 12.98% | 15.12% | Beats 24% | 196 / 258 | | |
| Total Risk-Based Capital Ratio | 12.21% | 12.10% | 13.91% | 16.08% | Beats 28% | 187 / 258 | | |
| Equity / Assets | 8.64% | 9.09% | 10.24% | 11.72% | Beats 16% | 218 / 258 | | |
| Liquidity & Funding |
| Loans / Deposits | 91.95% | 73.24% | 86.34% | 95.95% | 66th pctl | 87 / 258 | | |
| Loans / Assets | 77.97% | 63.01% | 72.27% | 78.40% | 71st pctl | 74 / 258 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |