The common stock of South Atlantic Bancshares, Inc. is privately held and is not listed on any exchange. Limited trades were conducted in 2013. As of December 31, 2013, there were 384 shareholders of record.
The ability of South Atlantic Bancshares to pay cash dividends is dependent upon receiving cash in the form of dividends from South Atlantic Bank. However, certain restrictions exist regarding the ability of the Bank to transfer funds to the Company in the form of cash dividends. All of the Bank’s dividends to the Company are payable only from the undivided profits of the bank.
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2010 Annual Report
2011 Annual Report
2012 Annual Report
2013 Annual Report
||Registrar and Transfer Agent
|South Atlantic Bancshares, Inc.
630 29th Avenue North
Myrtle Beach, South Carolina 29577
|Broadbridge Corporate Issuer Solutions, Inc.
P.O. Box 1342
Brentwood, NY 11717
Please contact Richard N. Burch for information regarding the common stock of South Atlantic Bancshares, Inc. at 843.839.4412 or use the convenient form below.