Sandhills Bank is headquartered in North Myrtle Bea and is the 31st largest bank in the state of South Carolina. It is also the 2,980th largest bank in the nation. It was established in 1959 and as of March of 2021, it had grown to 34 employees at 4 locations. Sandhills Bank has an A health rating.
I visited the bank a few weeks ago with a simple request. There was no banker to even assist me. As a matter of fact, there was only 1 teller there and she was by herself. She could not assist me with a CD so I left and waited on the banker to get back from her lunch. I cashed out my CD and took my money elsewhere. How can they say customers come first when obviously their lunch does?
| Overall | |
|---|---|
| FDIC Certificate # | 17953 |
| Year Established | 1959 |
| Employees | 34 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 8.9% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $218.1MM$202.0MM |
| Loans | Q1 2021vs Q1 2020 | $152.7MM$144.2MM |
| Deposits | Q1 2021vs Q1 2020 | $191.8MM$167.4MM |
| Equity Capital | Q1 2021vs Q1 2020 | $18.8MM$19.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $1.4MM$1.3MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $250.00K$305.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $452.00K$0 |
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| Sandhills Bank Locations | ||
|---|---|---|
| Sandhills Bank | 1020 Highway 17 North | North Myrtle Beach, SC 29582 |
| Bethune Branch | 300 King Street East | Bethune, SC 29009 |
| Windy Hill Branch | 4400 Hwy 17 South | North Myrtle Beach, SC 29582 |
| Myrtle Beach Inernational Drive Bran | 610 International Drive | Myrtle Beach, SC 29579 |
| Farrow Commons | 3600 Dorsett Drive | Myrtle Beach, SC 29577 |