Net Income Shows Improvement for South Atlantic Bancshares
PR Newswire - Tue Apr 19, 6:30AM CDT
South Atlantic Bancshares, Inc. (OTCQX: SABK), parent of South Atlantic Bank, today reported net income of $496,913 or $0.14 per diluted share for the three months ended March 31, 2016, compared to $482,504 or $0.12 per diluted share reported for the same period a year ago. This represents a 3.0% increase in net income year over year.
Year-to-Date Earnings Grow 8.8 Percent at South Atlantic Bancshares, Inc.
PR Newswire - Wed Oct 21, 6:30AM CDT
South Atlantic Bancshares, Inc. (OTCQX: SABK), parent of South Atlantic Bank, today reported net income of $1,612,352 or $0.45 per diluted share for the nine months ended September 30, 2015, compared to the $1,482,184 or $0.42 per diluted share reported for the same period a year ago. These figures represent an 8.8 percent increase in net income year over year. Net income for the three months ended September 30, 2015, was $595,012 or $0.17 per diluted share, compared to $603,026 or $0.17 per diluted share for the three months ended September 30, 2014.
Earnings Grow 15.7 Percent at South Atlantic Bancshares, Inc.
PR Newswire - Tue Jul 21, 7:30AM CDT
South Atlantic Bancshares, Inc. (the company), parent of South Atlantic Bank, today reported net income of $1,017,339 or $0.29 per diluted share for the six months ended June 30, 2015, compared to $879,158 or $0.25 per diluted share reported for the same period a year ago. This represents a 15.7 percent increase in earnings year-over-year. The second quarter of 2015 marked the bank's eighteenth consecutive quarterly profit.
First Quarter Earnings Grow Nearly 29% at South Atlantic Bancshares, Inc.
PR Newswire - Mon Apr 20, 3:01PM CDT
South Atlantic Bancshares, Inc. (the company), parent of South Atlantic Bank, is reporting continued improvement in its financial performance for the first quarter of 2015.