South Atlantic Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	72.71	68.97	61.37	37.2	15.85	95.38
Investment Securities	294.76	193.34	188.37	208.19	209.88	208.2
Trading Asset Securities	-	-	-	-	-	10.06
Mortgage-Backed Securities	-	91.2	105.34	105.49	107.67	115.97
Total Investments	294.76	284.54	293.71	313.68	317.54	334.23
Gross Loans	1,478	1,466	1,339	1,185	1,004	735.63
Allowance for Loan Losses	-14.01	-13.72	-11.7	-10.36	-10.11	-8.16
Other Adjustments to Gross Loans	-	-	-0.23	-0.77	-1.68	-1.74
Net Loans	1,464	1,453	1,327	1,174	992.52	725.74
Property, Plant & Equipment	29.27	37.32	36.48	30.33	27.05	27.35
Goodwill	5.35	5.35	5.35	5.35	5.35	5.35
Other Intangible Assets	0.07	0.08	0.18	0.3	0.45	0.64
Loans Held for Sale	3.74	7.29	1.18	0.95	0.68	9.69
Accrued Interest Receivable	-	7.45	6.7	6.33	4.9	3.65
Long-Term Deferred Tax Assets	-	8.83	10.89	11.16	12.32	3.06
Other Long-Term Assets	62.21	40.02	38.21	37.35	32.28	26.4
Total Assets	1,932	1,920	1,787	1,622	1,410	1,232
Interest Bearing Deposits	1,269	1,101	1,059	899.08	785.79	688.21
Institutional Deposits	-	127.99	86.74	63.09	59.56	47.37
Non-Interest Bearing Deposits	325.89	324.85	315.07	331.93	371.41	346.53
Total Deposits	1,595	1,554	1,461	1,294	1,217	1,082
Short-Term Borrowings	-	1.12	0.97	2.5	-	-
Current Portion of Long-Term Debt	-	122	100	100	-	-
Current Portion of Leases	-	1.12	-	-	-	0.84
Accrued Interest Payable	-	0.88	3.54	0.48	0.15	0.06
Long-Term Debt	177	30	30	30	30	30
Long-Term Leases	-	7.12	9.06	8.46	7.25	6.94
Pension & Post-Retirement Benefits	-	-	-	-	4.83	3.79
Other Long-Term Liabilities	22.14	68.51	69.16	83.76	60.07	2.7
Total Liabilities	1,794	1,785	1,673	1,519	1,319	1,126
Common Stock	78.1	7.58	7.57	7.61	7.6	7.58
Additional Paid-In Capital	-	70.28	71.5	71.69	71.58	71.17
Retained Earnings	77.15	73.43	58.01	48.71	39.45	27.35
Treasury Stock	-	-0.02	-0.32	-0.32	-0.27	-0.21
Comprehensive Income & Other	-16.81	-16.7	-22.98	-24.73	-27.82	-0.38
Shareholders' Equity	138.44	134.57	113.77	102.95	90.54	105.51
Total Liabilities & Equity	1,932	1,920	1,787	1,622	1,410	1,232
Total Debt	177	161.36	140.03	140.96	37.25	37.78
Net Cash (Debt)	-104.29	-92.38	-78.66	-103.76	-21.4	67.66
Net Cash Growth	-	-	-	-	-	106.21%
Net Cash Per Share	-13.53	-12.01	-10.27	-13.64	-2.79	8.89
Filing Date Shares Outstanding	7.59	7.58	7.53	7.58	7.55	7.56
Total Common Shares Outstanding	7.59	7.58	7.53	7.58	7.55	7.56
Book Value Per Share	18.25	17.76	15.12	13.57	11.99	13.96
Tangible Book Value	133.02	129.13	108.25	97.31	84.74	99.52
Tangible Book Value Per Share	17.53	17.05	14.38	12.83	11.22	13.17

Source: S&P Global Market Intelligence. Banks template. Financial Sources.