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Share this article Share this article MYRTLE BEACH, S.C., April 20, 2021 /PRNewswire/  South Atlantic Bancshares, Inc. ( South Atlantic or the Company ) (OTCQX: SABK), parent of South Atlantic Bank (the Bank ), reported consolidated net income of $3.5 million, or $0.46 per diluted common share, for the three months ended March 31, 2021, an increase of $1.7 million, or $0.22 per diluted common share, compared to the fourth quarter of 2020. This was a significant quarter for our Company as we reached over $1 billion in total assets, achieved record earnings, and opened our 11 th branch location in Hilton Head Island, South Carolina, said K. Wayne Wicker, Chairman and Chief Executive Officer of South Atlantic. As in prior quarters, our bankers continue to assist local businesses through the Small Business Administration s (the SBA ) Paycheck Protection Program (the PPP ), which continued to drive growth in assets, earnings, and customers in the first quarter of 2021. We ha

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