South Atlantic Bancshares, Inc. Reports Earnings of $0.43 per Diluted Common Share for the Quarter Ended March 31, 2025

  • MYRTLE BEACH, S.C. , April 24, 2025 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated net income of $3.3 million, or $0.43 per diluted common share, for the first quarter of 2025, compared to $3.2 million, or $0.41 per diluted common share for the fourth quarter of 2024, and compared to $2.0 million, or $0.26 per diluted common share, for the first quarter of 2024.