Call reports 2026
SOUTH ATLANTIC BANK — 2026
What SOUTH ATLANTIC BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 1,929,221,000 | 1,979,313,000 |
| Total loans | 1,479,108,000 | 1,543,357,000 |
| Allowance for loan losses | 14,010,000 | 14,610,000 |
| Securities available for sale | 191,621,000 | 189,034,000 |
| Securities held to maturity | 93,259,000 | 93,141,000 |
| Trading assets | 0 | 0 |
| Total deposits | 1,596,546,000 | 1,678,393,000 |
| Interest-bearing deposits | 1,268,749,000 | 1,315,028,000 |
| Noninterest-bearing deposits | 327,797,000 | 363,365,000 |
| Equity capital | 166,094,000 | 171,018,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 23,864,000 | 48,643,000 |
| Interest expense | 9,312,000 | 18,611,000 |
| Net interest income | 14,552,000 | 30,032,000 |
| Noninterest income | 1,647,000 | 3,354,000 |
| Noninterest expense | 9,718,000 | 19,756,000 |
| Provision for loan losses | 300,000 | 900,000 |
| Pretax income | 6,181,000 | 12,730,000 |
| Income tax | 1,153,000 | 2,377,000 |
| Net income | 5,028,000 | 10,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 176,313,000 | 181,851,000 |
| Total capital | 190,925,000 | 197,063,000 |
| Risk-weighted assets | 1,550,165,000 | 1,613,843,000 |