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Atlantic Bancshares Inc (ATBA.OB)On Nov 23: 3.00   0.00 (0.00%)  
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Atlantic Bancshares Inc
1 Sherington Drive
PO Box 3077 Suite J
Bluffton, SC 29910
United States - Map
Phone: 843-815-7111
Web Site: http://www.atlanticcommunitybank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:19

BUSINESS SUMMARY 
Atlantic Bancshares, Inc. operates as a bank holding company for Atlantic Community Bank that provides various banking products and services primarily in southern Beaufort and Jasper Counties. The company offers various deposit products comprising checking accounts, NOW accounts, commercial accounts, savings accounts, and time deposits of various types, including money market accounts and certificates of deposit. It also provides various loan products consisting of real estate loans; commercial real estate loans; and construction and development real estate loans, such as residential and commercial construction loans for builders and developers, as well as equity-line and consumer loans to individuals, small-to medium-sized businesses, and professional concerns. In addition, the company provides various services, including cashierÂ’s checks, banking by mail, direct deposit of payroll and social security checks, the United States savings bonds, travelersÂ’ checks, ATM network services, debit card and credit card service, on-line banking, lines of credit, telephone banking, and deposit courier services. As of December 31, 2008, it operated its main office and operations department in Bluffton, South Carolina; and a loan production office in Hilton Head Island, South Carolina. The company was founded in 2006 and is headquartered in Bluffton, South Carolina.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Robert P. Trask , 46
    Chief Exec. Officer, Pres
    $ 158.00KN/A
    Ms. Michelle Monts Pennell , 42
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Atlantic Community Bank and Principal Accounting Officer of Atlantic Community Bank
    $ 117.00KN/A
    Ms. Karen B. Sprague , 38
    Chief Operating Officer and Exec. VP
    $ 102.00KN/A
    Mr. Todd D. Hoke , 37
    Chief Credit Officer and Exec. VP
    $ 112.00KN/A
    Mr. Mark S. Simpson , 47
    Sec., Director and Member of Audit Committee
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.


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