South Atlantic Bancshares Inc. Stock Analysis SABK

South Atlantic Bancshares, Inc. is a bank holding company, which engages in the provision of banking services to domestic markets. The company is headquartered in Myrtle Beach, South Carolina. The company went IPO on 2015-08-04. The Company’s banking subsidiary is South Atlantic Bank (Bank). The principal business activity of the Bank is to provide banking services to domestic markets. The Bank operates around 12 offices in Myrtle Beach, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton, Beaufort, Summerville, and Hilton Head Island, South Carolina. The Bank specializes in providing personalized community banking services to individuals, small businesses and corporations. Its services include a full range of consumer and commercial banking products, including mortgage, and treasury management, including South Atlantic Bank goMobile, the Bank's mobile banking app. The Bank also offers Internet banking, no-fee ATM access, checking, certificates of deposit and money market accounts, merchant services, mortgage loans, remote deposit capture, and others.