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I get the feeling that HCFB is going to "live". T

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Post# of 63898
Posted On: 11/23/2014 3:14:55 PM
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Posted By: SaltyMutt
I get the feeling that HCFB is going to "live". This "corpse" of a bank is not only showing a pulse, it is actually making a profit with each passing quarter, six quarters in a row now I think it is. Look for Horry County State Bank to jump off of the slab and walk out of the morgue under it's own power.

Company Background

HCSB Financial Corporation is a holding company for Horry County State Bank (the Bank). The Bank is a state chartered bank. Its primary market includes Horry County in South Carolina and Columbus and Brunswick Counties in North Carolina. From the Company's 11 branch locations, it offers a range of deposit services, including checking accounts, savings accounts, certificates of deposit, money market accounts, and individual retirement account (IRAs), as well as a range of non-deposit investment services. As of December 31, 2011, the Company had net loans of $345.8 million and deposits of $490.9 million. It offers a range of deposit services, including checking accounts, negotiable order of withdrawal (NOW) accounts, savings accounts, and time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit.

http://www.hcsbaccess.com/


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