Category Archives: Banking

NBSC makes $100,000 investment with the South Carolina Community Loan Fund

March 16, 2015 –NBSC, a division of Synovus Bank, has invested $100,000 in the South Carolina Community Loan Fund’s (SCCLF) revolving loan fund to finance community development projects throughout the state. “We are excited to partner with the South Carolina Community Loan Fund. The work being done by SCCLF is so vital to ensure all…
Read more

Bailey Gronbeck

This month, local banking leader Bailey Gronbeck has been promoted to branch manager for CresCom Bank’s James Island branch location. In her new position, she will oversee the day-to-day operations of the branch location and will continue to place an emphasis on knowing each one of the bank’s James Island customers. Gronbeck first joined CresCom…
Read more

South Atlantic Bancshares first-quarter report

Myrtle Beach, South Carolina, April 20, 2015 – South Atlantic Bancshares, Inc. (the company), parent of South Atlantic Bank, is reporting continued improvement in its financial performance for the first quarter of 2015. Net income in the first quarter of 2015 rose to $482,504 or $0.14 per diluted share, from $374,662 or $0.11 per diluted…
Read more

ServisFirst Bank

BIRMINGHAM, Ala., April 14, 2015 /PRNewswire/ -- ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ: SFBS) with an office in Charleston, announced that it earned investment-grade ratings by the Kroll Bond Rating Agency ("KBRA"). KBRA assigned a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a short-term rating of K2 and outlook as stable. ServisFirst Bank was assigned a senior…
Read more