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    Southcoast Financial Corp. (SOCB)

    15.62 Nov 30, 4:00PM EST
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    Southcoast Financial Corp.
    530 Johnnie Dodds Boulevard
    Mt. Pleasant, SC 29464
    United States - Map
    Phone: 843-884-0504
    Website: http://www.southcoastbank.com

    Index Membership:N/A
    Industry:Regional - Southeast Banks
    Full Time Employees:89

    Business Summary 

    Southcoast Financial Corporation operates as the holding company for Southcoast Community Bank that provides commercial banking services in South Carolina. The company accepts deposits, such as business and personal checking accounts, NOW accounts, savings accounts, money market accounts, various term certificates of deposit, IRA accounts, and other deposit services. It also provides secured and unsecured short-to-intermediate term loans for commercial, consumer, and residential purposes; consumer loans, including car loans, home equity improvement loans secured by first and second mortgages, personal expenditure loans, education loans, and overdraft lines of credit; and commercial loans for businesses to provide working capital, expand physical assets, or acquire assets. In addition, the company offers loans secured by real estate mortgages for the acquisition, improvement or construction, and development of residential and other properties; residential real estate loans; non-farm and non-residential loans; commercial real estate loans; real estate construction loans; and land development loans. Further, it provides residential mortgage loan origination services, safe deposit boxes, business courier services, night depository services, electronic banking, MasterCard brand credit cards, tax deposits, and automated teller machine services. As of July 09, 2015, the company operated through its main office in Mt. Pleasant, South Carolina; and 10 branches in the Charleston, South Carolina. Southcoast Financial Corporation was founded in 1998 and is headquartered in Mt. Pleasant, South Carolina.

    Key Statistics

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    Key Executives 
    Mr. L. Wayne Pearson , 67
    Chairman, Chief Exec. Officer, Pres, Chairman of Southcoast Community Bank, Chief Exec. Officer of Southcoast Community Bank and Pres of Southcoast Community Bank
    Mr. William B. Seabrook , 58
    Chief Operating Officer, Exec. VP, Head of Retail Banking - Southcoast Community Bank and Exec. VP of Southcoast Community Bank
    Mr. Robert M. Scott , 72
    Exec. VP, Treasurer, Sec., Director, Sec. of Southcoast Community Bank, Treasurer of South Coast Community Bank, Exec. VP of Southcoast Community Bank and Director of Southcoast Community Bank
    Mr. William C. Heslop , 40
    Chief Financial Officer, Sr. VP, Sr. VP of Southcoast Community Bank and Chief Financial Officer of Southcoast Community Bank
    Mr. Robert A. Daniel Jr., 64
    Exec. VP, Chief Lending Officer of Southcoast Community Bank and Exec. VP of Southcoast Community Bank
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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