South Atlantic Bancshares, Inc. Declares Cash Dividend

Core Viewpoint - South Atlantic Bancshares, Inc. has declared a cash dividend of $0.10 per share, marking its fourth consecutive annual cash dividend, reflecting a strong performance in 2025 and positive momentum entering 2026 [1][2]. Company Overview - South Atlantic Bancshares, Inc. is a registered bank holding company based in Myrtle Beach, South Carolina, with total assets of approximately $1.9 billion as of December 31, 2025 [2]. - The company's banking subsidiary, South Atlantic Bank, operates twelve locations across the coastal area of South Carolina and provides a full range of personalized community banking services [2]. Services Offered - South Atlantic Bank offers various consumer and commercial banking products, including mortgage services, treasury management, mobile banking through South Atlantic Bank goMobile, internet banking, no-fee ATM access, checking accounts, certificates of deposit, money market accounts, and merchant services [2]. Investor Information - The company maintains an investor relations section on its website, providing access to annual meeting materials, annual reports, and quarterly earnings reports free of charge [3]. - Important information for investors is routinely posted on the company's website, which is used to disclose material non-public information and comply with OTC Markets Group rules [4].