Sandhills Bank

1020 Highway 17 North
North Myrtle Beach, SC 29582

Notable Rates APY Vs.Others
Savings N.A. 2.60% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Sandhills Bank is an FDIC insured institution located in North Myrtle Beach, SC. It was founded in 1959 and has approximately $0.18 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 17953
Date Established 1959
Assets $0.18 billion
Loans $0.14 billion
Deposits $0.16 billion
Capital $0.02 billion
 

For a more detailed analysis of Sandhills Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 20, 2019

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Sandhills Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - November 20, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Sandhills Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

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Featured - Connecticut Home Equity Line Of Credit Rates 2019

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Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
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3.740 %
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Note to Sandhills Bank
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Branches

Sandhills Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Sandhills Bank Locations


Financial Details

Sandhills Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Sandhills Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Sandhills Bank U.S. Bank Average
5.32% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Sandhills Bank had $1,000,000 in non-current loans and $100,000 in owned real estate. To cover these potential losses it had $19,380,000 in equity and $1,293,000 in loans loss reserves. That gives it a Texas Ratio of 5.32%.

Return on Equity
Sandhills Bank U.S. Bank Average
3.36% 9.50%

Sandhills Bank has a Return on Equity of 3.36% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Sandhills Bank U.S. Bank Average
10.99% 12.76%

Sandhills Bank has a Capitalization of 10.99% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Sandhills Bank Balance Sheet Analysis

As of June 30, 2019, Sandhills Bank had assets of $176,420,000, loans of $138,696,000, and deposits of $156,366,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.14 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.16 billion
LIABILITIES
Total deposits $0.16 billion
      Interest-bearing deposits $0.14 billion
      Deposits held in domestic offices $0.16 billion
      % insured (estimated) 88.50%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.16 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Sandhills Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, Sandhills Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 50.78
Multifamily
Mortgages
0.42
Credit Card Loans 0.00
Consumer Auto Loans 0.31
Small Business Loans 12.39
Construction and Development Loans 12.46
Commercial Real Estate 28.53
Commercial and Industrial Loans 5.99
Farm Loans 0.00

Frequently Asked Questions About Sandhills Bank

Branches and Savings

Is Sandhills Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17953.

Why does Sandhills Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Sandhills Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Sandhills Bank a commercial bank?

Yes

Where are Sandhills Bank locations?

See branch locations nearby.

Is Sandhills Bank open on Saturdays?

Is Sandhills Bank open on Sundays?

What time does Sandhills Bank open?

What time does Sandhills Bank close?

Are Sandhills Bank ATMs Open 24/7?

Do Sandhills Bank ATMs accept cash deposits?

Can Sandhills Bank customers use other ATMs?

Do Sandhills Bank branches have notaries?

Will Sandhills Bank notarize my document?

What address for Sandhills Bank should I put for incoming ACH transfers?

Will the Sandhills Bank branch print checks?

Do Sandhills Bank checks expire?

Does Sandhills Bank require US citizenship to open account?

Can Sandhills Bank close my account?

Does Sandhills Bank Report to credit bureaus?

Does Sandhills Bank Use Equifax?

What is Sandhills Bank's ACH Routing Number?

What is Sandhills Bank's SWIFT code?

Products

Does Sandhills Bank offer mortgages?

Compare mortgage rates here.

Does Sandhills Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Sandhills Bank offer personal loans?

Compare personal loan rates here.

Does Sandhills Bank offer student loans?

Will Sandhills Bank cash a check?

Will Sandhills Bank redeem a savings bond?

Does Sandhills Bank cash savings bonds?

Will Sandhills Bank cash money orders?

Can Sandhills Bank issue a money order?

Does Sandhills Bank do currency exchange?

Background on The Bank

Who owns Sandhills Bank?

How long has Sandhills Bank been around?

Can Sandhills Bank transfer to other banks?

Does Sandhills Bank have quick pay?

Does Sandhills Bank accept rolled coins?

Will Sandhills Bank accept loose change?

Where is Sandhills Bank headquarters?

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