Market Intelligence

South Atlantic Bank

Headquartered in Myrtle Beach, SC
Institution deposit footprint ยท FDIC Summary of Deposits (SOD), June 30, 2025
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South Atlantic Bank holds $1.9B in total assets and has $1.6B in deposits across 5 counties in 3 ranked markets and 1 state. Its deposit footprint is highly concentrated in South Carolina: the top three counties (Horry County, Georgetown County, and Beaufort County) hold 86% of its deposits. It is among the top three banks by deposits in 1 of the 5 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2025, and are refreshed once a year when the next survey is released, not quarterly.

Deposit footprint
Deposits (SOD, 6/30/25)
$1.6B
nominal
Counties
5
where it holds deposits
Branches
12
reported offices, 6/30/25
Ranked Markets
3
CSAs / MSAs touched

Deposits by county

Data as of June 30, 2025 (FDIC Summary of Deposits)

CountyDepositsCounty’s
% of
Bank’s Deposits
Bank’s
% of
County Deposits
Branches
Horry County, SC$798M49.3%6.7%4
Georgetown County, SC$339M20.9%15.8%2
Beaufort County, SC$247M15.3%3.8%3
Charleston County, SC$220M13.6%1.2%2
Dorchester County, SC$14M0.9%0.5%1

“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2025, and are nominal. They reflect where deposits are booked and may differ from the institution’s balance-sheet total. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total SOD deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.

Browse all covered institutions in the bank directory or the banks headquartered in SC. All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.

South Atlantic Bank is named on this page solely to describe publicly reported FDIC deposit data. Its appearance does not imply any affiliation between South Atlantic Bank and The Executive Recruiter Group, or endorsement by either.