South Atlantic Bancshares, Inc. Reports Earnings of $0.61 per Diluted Common Share for the Three Months Ended June 30, 2026

South Atlantic Bancshares, Inc. Reports Earnings of $0.61 per Diluted Common Share for the Three Months Ended June 30, 2026

MYRTLE BEACH, S.C., July 23, 2026 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated net income of $4.7 million, or $0.61 per diluted common share, for the second quarter of 2026, compared to $4.5 million, or $0.58 per diluted common share for the first quarter of 2026. The Company reported $9.2 million, or $1.18 per diluted common share, for the six months ended June 30, 2026, compared to $7.0 million, or $0.91 per diluted common share, for the six months ended June 30, 2025.