Total Assets
$2.0B
Total Deposits
$1.7B
Branches
12
Established
2007
South Atlantic Bank is a bank headquartered in Myrtle Beach, South Carolina, established in 2007. It holds $2.0B in total assets across 12 branch locations. In our editorial opinion, based on public FDIC/NCUA data, South Atlantic Bank earns a TFS Financial Health Grade of B (78.9/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
78.9 / 100
Good financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| South Atlantic BankHQ | 630 29th Ave N | Myrtle Beach | SC | 11 |
| South Atlantic Bank | 37 Robert Smalls Pkwy | Beaufort | SC | 11 |
| South Atlantic Bank | 1 Sheridan Park Cir | Bluffton | SC | 11 |
| South Atlantic Bank | 40 Calhoun St | Charleston | SC | 11 |
| South Atlantic Bank | 1187 N Fraser St | Georgetown | SC | 11 |
| South Atlantic Bank | 81 N Main St | Hilton Head Island | SC | 11 |
| South Atlantic Bank | 930 Johnnie Dodds Blvd | Mount Pleasant | SC | 11 |
| South Atlantic Bank | 11019 Tournament Blvd | Murrells Inlet | SC | 11 |
| South Atlantic Bank | 3990 River Oaks Dr | Myrtle Beach | SC | 11 |
| South Atlantic Bank | 1801 Highway 17 S | North Myrtle Beach | SC | 11 |
| South Atlantic Bank | 10970 Ocean Hwy | Pawleys Island | SC | 11 |
| South Atlantic Bank | 2444 N Main St | Summerville | SC | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
78.9
Tier 1 capital ratio
9.42%
Return on assets
1.07%
Non-performing loans
0.01%
Efficiency ratio
59.17%
Asset growth (YoY)
6.03%
Suggested direct comparisons
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Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.