South Atlantic Bancshares, Inc.
SABK · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $61,370 | $16,392 | $12,432 | $74,345 |
| Short-Term Investments | $0 | $219,364 | $222,757 | $324,176 |
| Receivables | $0 | $6,329 | $4,899 | $3,649 |
| Inventory | $0 | $0 | $0 | -$109,082 |
| Other Curr. Assets | $68,072 | $0 | $0 | $109,082 |
| Total Curr. Assets | $68,072 | $242,085 | $240,087 | $402,169 |
| Property Plant & Equip (Net) | $36,476 | $30,331 | $27,049 | $27,346 |
| Goodwill | $5,349 | $5,349 | $5,349 | $5,349 |
| Intangibles | $175 | $298 | $453 | $640 |
| Long-Term Investments | $0 | $1,274,864 | $1,088,638 | $334,703 |
| Tax Assets | $12,840 | $11,163 | $12,319 | $4,476 |
| Other NC Assets | $1,732,310 | $58,160 | $35,698 | -$4,476 |
| Total NC Assets | $1,787,150 | $1,380,164 | $1,169,505 | $368,037 |
| Other Assets | $0 | $0 | $0 | $461,747 |
| Total Assets | $1,789,095 | $1,622,250 | $1,409,593 | $1,231,953 |
| Liabilities | – | – | – | – |
| Payables | $0 | $478 | $148 | $64 |
| Short-Term Debt | $101,080 | $0 | $0 | $0 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $623,520 | $1,294,097 | $1,216,762 | $0 |
| Total Curr. Liab. | $724,601 | $1,294,575 | $1,216,910 | $64 |
| LT Debt | $97,977 | $213,460 | $93,247 | $37,778 |
| Deferred Rev, NC | $0 | $0 | $0 | $36,359 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $1,419 |
| Other NC Liab. | $1,643,381 | $11,261 | $8,897 | -$37,778 |
| Total NC Liab. | $1,673,381 | $224,721 | $102,144 | $37,778 |
| Other Liabilities | $0 | $0 | $0 | $1,088,599 |
| Cap. Leases | $7,977 | $8,460 | $7,247 | $7,778 |
| Total Liabilities | $1,675,326 | $1,519,296 | $1,319,054 | $1,126,441 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $7,572 | $7,606 | $7,596 | $7,578 |
| Retained Earnings | $58,009 | $48,711 | $39,446 | $27,352 |
| AOCI | -$22,985 | -$24,735 | -$27,815 | -$382 |
| Other Equity | $71,173 | $71,372 | $71,312 | $70,964 |
| Total Equity | $113,769 | $102,954 | $90,538 | $105,512 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $1,789,095 | $1,622,250 | $1,409,593 | $1,231,953 |
| Net Debt | $137,688 | $197,068 | $80,816 | -$36,567 |