South Atlantic Bancshares Inc
South Atlantic Bancshares, Inc. operates as the bank holding company for South Atlantic Bank that provides various banking products and services to individuals and small businesses in the United States. The company offers checking, money market, and savings accounts, as well as certificates of deposit, individual retirement accounts, and health savings accounts. It also provides personal, auto, a… Read more
South Atlantic Bancshares Inc (SABK) - Net Assets
Latest net assets as of December 2025: $131.76 Million USD
Based on the latest financial reports, South Atlantic Bancshares Inc (SABK) has net assets worth $131.76 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.92 Billion) and total liabilities ($1.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $131.76 Million |
| % of Total Assets | 6.87% |
| Annual Growth Rate | 13.65% |
| 5-Year Change | 34.69% |
| 10-Year Change | 269.64% |
| Growth Volatility | 19.12 |
South Atlantic Bancshares Inc - Net Assets Trend (2014–2025)
This chart illustrates how South Atlantic Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for South Atlantic Bancshares Inc (2014–2025)
The table below shows the annual net assets of South Atlantic Bancshares Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $131.76 Million | +27.98% |
| 2023-12-31 | $102.95 Million | +13.71% |
| 2022-12-31 | $90.54 Million | -14.19% |
| 2021-12-31 | $105.51 Million | +7.86% |
| 2020-12-31 | $97.82 Million | +10.65% |
| 2019-12-31 | $88.41 Million | +11.43% |
| 2018-12-31 | $79.34 Million | +30.82% |
| 2017-12-31 | $60.65 Million | +61.98% |
| 2016-12-31 | $37.44 Million | +5.04% |
| 2015-12-31 | $35.64 Million | +10.56% |
| 2014-12-31 | $32.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to South Atlantic Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 17126.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $73.43 Million | 55.73% |
| Other Components | $58.33 Million | 44.27% |
| Total Equity | $131.76 Million | 100.00% |
South Atlantic Bancshares Inc Competitors by Market Cap
The table below lists competitors of South Atlantic Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunflag Iron And Steel Company Limited
NSE:SUNFLAG
|
$97.22 Million |
|
Nexity SA
PINK:NNXXY
|
$97.33 Million |
|
Dimand S.A.
AT:DIMAND
|
$97.35 Million |
|
Paradigm Biopharmaceuticals Limited
PINK:PBIGF
|
$97.36 Million |
|
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS
IS:LKMNH
|
$97.17 Million |
|
S + U PLC DL 0125
F:97V
|
$97.13 Million |
|
SMS Pharmaceuticals Limited
NSE:SMSPHARMA
|
$97.10 Million |
|
Sivers IMA Holding AB
ST:SIVE
|
$97.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in South Atlantic Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2025, total equity changed from 102,953,920 to 131,758,000, a change of 28,804,080 (28.0%).
- Net income of 16,167,000 contributed positively to equity growth.
- Other factors increased equity by 12,637,080.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.17 Million | +12.27% |
| Other Changes | $12.64 Million | +9.59% |
| Total Change | $- | 27.98% |
Book Value vs Market Value Analysis
This analysis compares South Atlantic Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.80x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $14.28 | x |
| 2016-12-31 | $0.00 | $14.28 | x |
| 2017-12-31 | $9.44 | $14.28 | x |
| 2018-12-31 | $10.57 | $14.28 | x |
| 2019-12-31 | $11.78 | $14.28 | x |
| 2020-12-31 | $13.11 | $14.28 | x |
| 2021-12-31 | $13.96 | $14.28 | x |
| 2022-12-31 | $11.92 | $14.28 | x |
| 2023-12-31 | $13.54 | $14.28 | x |
| 2025-12-31 | $17.92 | $14.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently South Atlantic Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.98%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.55x
- Recent ROE (12.27%) is above the historical average (8.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.22% | 15.35% | 0.04x | 11.27x | $-1.22 Million |
| 2015 | 6.29% | 14.57% | 0.04x | 11.23x | $-1.32 Million |
| 2016 | 6.95% | 14.40% | 0.04x | 11.87x | $-1.14 Million |
| 2017 | 5.63% | 15.84% | 0.04x | 8.56x | $-2.65 Million |
| 2018 | 4.36% | 12.67% | 0.04x | 7.94x | $-4.48 Million |
| 2019 | 6.86% | 19.15% | 0.04x | 8.13x | $-2.77 Million |
| 2020 | 7.36% | 18.93% | 0.04x | 9.68x | $-2.59 Million |
| 2021 | 10.28% | 23.77% | 0.04x | 11.68x | $295.57K |
| 2022 | 13.36% | 24.39% | 0.04x | 15.57x | $3.04 Million |
| 2023 | 9.73% | 21.12% | 0.03x | 15.76x | $-276.71K |
| 2025 | 12.27% | 25.98% | 0.03x | 14.55x | $2.99 Million |
Industry Comparison
This section compares South Atlantic Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| South Atlantic Bancshares Inc (SABK) | $131.76 Million | 6.22% | 13.55x | $97.20 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |