South Atlantic Bancshares, Inc. Reports Earnings of $0.34 per Diluted Common Share for the Three Months Ended September 30, 2024
South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated net income of $2.6 million, or $0.34 per diluted common share, for the third quarter of 2024, compared to $2.3 million, or $0.30 per diluted common share for the second quarter of 2024. The Company reported $6.9 million, or $0.90 per diluted common share, for the nine months ended September 30, 2024, compared to $7.8 million, or $1.03 per diluted co