South Atlantic Bancshares, Inc. (SABK)

South Atlantic Bancshares Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	89.56	85.6	72.37	58.76	39.61	33.02
Interest Income on Investments	9.58	9.97	14.82	10.44	9.22	4.96
Total Interest Income	99.14	95.58	87.19	69.2	48.83	37.99
Interest Paid on Deposits	33.13	34.4	34.06	20.82	2.87	2.15
Interest Paid on Borrowings	5.62	5.62	9	5.88	1.33	0.05
Total Interest Expense	38.76	40.03	43.06	26.7	4.2	2.2
Net Interest Income	60.38	55.55	44.13	42.5	44.64	35.79
Net Interest Income Growth	14.28%	25.87%	3.85%	-4.80%	24.73%	19.18%
Gain (Loss) on Sale of Investments	-0.32	-0.32	-	0	-0.73	1.12
Other Non-Interest Income	6.45	6.21	5.72	4.37	5.34	8.42
Total Non-Interest Income	6.6	6.35	6.09	4.94	4.94	9.84
Non-Interest Income Growth	-4.27%	4.40%	23.26%	-0.01%	-49.81%	23.27%
Revenues Before Loan Losses	66.98	61.9	50.22	47.43	49.58	45.63
Provision for Loan Losses	1.7	2.07	1.43	0.76	1.95	1.32
Revenue	65.28	59.83	48.79	46.68	47.63	44.3
Revenue Growth	13.09%	22.64%	4.52%	-1.99%	7.50%	21.96%
Salaries and Employee Benefits	22.31	22.31	20.81	19.12	19.59	18.87
Occupancy Expenses	3.77	3.77	3.61	2.5	2.3	2.09
Federal Deposit Insurance	1.4	1.4	1.33	1.06	0.87	0.73
Selling, General & Administrative	6.29	6.29	5.85	5.72	5.19	5.12
Other Non-Interest Expense	7.37	5.76	4.21	5.52	4.58	3.92
Total Non-Interest Expense	41.13	39.52	35.81	33.93	32.54	30.72
EBT Excluding Unusual Items	24.15	20.31	12.98	12.75	15.08	13.58
Pretax Income	24.15	20.31	12.98	12.75	15.08	13.58
Income Tax Expense	4.94	4.14	2.93	2.73	2.99	2.73
Net Income	19.21	16.17	10.06	10.02	12.09	10.85
Net Income to Common	19.21	16.17	10.06	10.02	12.09	10.85
Net Income Growth	31.80%	60.78%	0.37%	-17.16%	11.49%	50.73%
Basic Shares Outstanding	8	8	8	8	8	7
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change	1.23%	0.39%	0.73%	-0.81%	0.81%	1.07%
EPS (Basic)	2.53	2.14	1.33	1.33	1.60	1.45
EPS (Diluted)	2.47	2.10	1.31	1.32	1.58	1.43
EPS Growth	30.66%	60.30%	-0.76%	-16.46%	10.49%	48.96%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share	-	0.100	0.100	-	-	-
Dividend Growth	-	0%	-	-	-	-
Effective Tax Rate	20.47%	20.40%	22.55%	21.42%	19.82%	20.13%

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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