South Atlantic Bancshares (South Atlantic Bancshares) Other Assets for Banks : $70.56 Mil (As of Mar. 2024)

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What is South Atlantic Bancshares Other Assets for Banks?

South Atlantic Bancshares's quarterly other assets (bank) declined from Sep. 2023 ($65.79 Mil) to Dec. 2023 ($48.51 Mil) but then increased from Dec. 2023 ($48.51 Mil) to Mar. 2024 ($70.56 Mil).

South Atlantic Bancshares's annual other assets (bank) increased from Dec. 2021 ($29.46 Mil) to Dec. 2022 ($44.60 Mil) and increased from Dec. 2022 ($44.60 Mil) to Dec. 2023 ($48.51 Mil).

South Atlantic Bancshares Other Assets for Banks Historical Data

The historical data trend for South Atlantic Bancshares's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South Atlantic Bancshares Other Assets for Banks Chart

South Atlantic Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Assets for Banks

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15.11

25.97

29.46

44.60

48.51

South Atlantic Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Assets for Banks	Get a 7-Day Free Trial															57.81	60.62	65.79	48.51	70.56

South Atlantic Bancshares Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Atlantic Bancshares Inc (OTCPK:SABK) » Definitions » Other Assets for Banks

Comparable Companies

Traded in Other Exchanges

N/A

Address

630 29th Avenue North, Myrtle Beach, SC, USA, 29577

Website

https://www.southatlantic.bank

South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.