# SANDHILLS BANK
NORTH MYRTLE BEA, SC · FDIC certificate 17953 · asset band <$300M · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $230.6M | |
| Deposits | $213.6M | |
| Loans and leases | $142.4M | |
| Total equity | $16.8M | |
| Loans / deposits | 66.01% (p58 of band) | 61.37% |
| Liquid assets / assets | 31.15% (p29 of band) | |
| Uninsured deposits / deposits | 20.97% (p52 of band) | 20.48% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 6.43% (p1 of band) | 10.54% |
| Unrealized securities loss / equity | 0.00% (p97 of band) | -19.24% |
| AOCI / equity | 3.36% (p100 of band) | |
| ROA (annualized) | -2.94% (p1 of band) | 0.80% |
| Net interest margin | 3.51% (p74 of band) | 3.08% |
| Efficiency ratio | 101.66% (p94 of band) | |
| Noncurrent loans | 0.41% (p60 of band) | 0.23% |
| Net charge-offs (annualized) | 0.01% (p73 of band) | |
| Reserve coverage of noncurrent | 246.47% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 104.07% (p92 of band) | |
| Auto loans | $478,000 (0.34% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.8% | |
| Employees | 34 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, expense ratio p90, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 | capital falling | noncurrent p90 |
| 2011-12 | 3 |  | capital falling |
| 2012-03 | 1 |  | losing money, expense ratio p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 3 | capital falling, noncurrent p90 |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 2 |  | noncurrent p90 |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 3 | uninsured deposits leaving |  |
| 2014-06 | 2 |  | uninsured deposits leaving |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | noncurrent p90 |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 1 |  | noncurrent p90 |
| 2016-03 | 3 | losing money, expense ratio p90 |  |
| 2016-06 | 4 | capital falling |  |
| 2016-09 | 2 |  | losing money, expense ratio p90 |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | construction >100% equity |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | reserve under noncurrent |
| 2017-12 | 3 | losing money, uninsured deposits leaving | capital falling |
| 2018-03 | 1 | reserve under noncurrent | construction >100% equity, losing money, uninsured deposits leaving |
| 2018-06 | 0 |  | reserve under noncurrent |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | reserve under noncurrent |  |
| 2019-03 | 1 | expense ratio p90 | reserve under noncurrent |
| 2019-06 | 1 | liquid assets <10% | expense ratio p90 |
| 2019-09 | 1 | capital falling | liquid assets <10% |
| 2019-12 | 2 | uninsured deposits leaving |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 1 |  | uninsured deposits leaving |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | charge-offs p90 |  |
| 2021-06 | 1 | capital falling | charge-offs p90 |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 4 | leverage <7%, losing money, expense ratio p90, construction >100% equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2015-06-25 [Suspects in bank robbery arrested - WIS News 10](https://news.google.com/rss/articles/CBMie0FVX3lxTE9JLW9iX3g1amlici01QXVVaUFSdXd2bVp3cTJNcDl2Ul9ld3d5MzRLQjNoRkQ4eUI3aEI5S3FaaE1kblBDNVVfQ3QyNnBnaXlxMVlWb2pmNk5jQm5mc1lOU1E3cUxZR0l1MlRrem4teEJGTzhtc3BwM2Rzc9IBjgFBVV95cUxNTlA1WnVQTnZUVUVpOC12NF84WklVTFQ4bzNsVDhIVVhWUzBEaHI1eWZybURZU2hGTTNCVndlX0ZmR3AtTUZJV19kREpKN2d5WDlxZ0Ftay1BV2tXc1JJLTRJOTd2T19BQVdZWHJvcGwzcFpUUFhIa1hjbnVEQkNYVHg1eHlsZ245VzVzZXFB?oc=5) · WIS News 10
- 2022-01-14 [Holiday Closings for Martin Luther King Jr Day - Myrtle Beach Sun News](https://news.google.com/rss/articles/CBMiggFBVV95cUxNOHB2TE1yQl8yUXVvQVlNTGNHbFdrd0ZqM2hUbTd3SWFhbjAyVlZ3Y2xLVFBvUlEzeWdvbWNvdVFSdC1GMEZ3Rm5uWWg1N3hLUlRTZmxhc0lXbktEcHRORWNqZ3pCVDdtY3Z3ZlptTFJKNFpqcEREUWwyMDFOdEppNENn0gGCAUFVX3lxTFBsZjBRQTZySm1GNnVySXF2OGo2eERhRW80Uk53bHBQb1JEU3FuQWtGZEFjZlNqM3VKblVOZ3ZoV0NzWU9lM0RtenZmS3VseWhyWlluRm5hSWNDUXdLNXdNbGpjdXY1NDIza1FQRFVlMy1uZlpqeHJkaElfak1VaUZlTFE?oc=5) · Myrtle Beach Sun News
- 2018-12-02 [Sounds of Summer Concert Series - Grand Strand Magazine](https://news.google.com/rss/articles/CBMibEFVX3lxTE00T28xeGVtYnV0cDNsU1hSaVotQ0JxbVVxajRsXzZMRmlFc3NsZDJYYV9pc1JTUFZGbnVxak5ORkNEb2hPMHhFdG1UVzZOSWJxWVUxSm15SlZ1a2h3SWZ3dWI5anV5ZGRWekU3Mw?oc=5) · Grand Strand Magazine
- 2021-05-17 [Live music returns to North Myrtle Beach with outdoor concert - WPDE](https://news.google.com/rss/articles/CBMikwFBVV95cUxPSU43ejc1eHVvLU1ZeHRXdXctS1R5eHhaS1N5c21SNzFfVk9MTDZEUUJHRkV6aDRUWHNmdGd4cVJLNG5sUlM3eWIwQmMxd0FaNlpORzlMNjhDZGMxeHVsNFRRdFlGeE1ONDVFNExqdFpVM3hiN2ZmLVVTLTJ0ZUNYbDhLUUZ4NGVzcnhlLUpXeWV1bE0?oc=5) · WPDE
- 2015-07-02 [Sheriff Explains How Man Escaped from Jail - WLTX](https://news.google.com/rss/articles/CBMilAFBVV95cUxNa095Z203YnFOdHBDdkEtdnVMUC1QN2JiMTZ2UFZ0U0hQU21DWVdpLWhVZ05yemJmUS1YVEo3ZWJpZXlWaVMxNzVmUElDVGRqRUVsM3FHY3p1SHRtbm5LZHlaU242MGpacmsyQ2xSN2M4ektKQk1IQkxES0FxT2MwWlFSc3NVd3Zvb2JSeWZSUzU1eGtj?oc=5) · WLTX
- 2017-07-19 [Two sentenced after guilty pleas in 2015 Midlands bank robbery - WIS News 10](https://news.google.com/rss/articles/CBMiogFBVV95cUxQZzRmYk9qZk9uR2hEUlQxeGktOU95OUxtcDJWbzNNUmwxNTBWOFNoalY1MmJxNHZwZWRVMjhfaExQdS16ZGRxaTBibVUzREdOVXNTRkZtSVhZeEN4WUozaXlGZk1XdVJfTlg0WHhLRjViQlpMVUs2VkVQNXdOTElHaWRsekktZVR6YVF0d0pXa2VZZUZ4X0ZFVXRCM3FIS3FvanfSAbQBQVVfeXFMT2tuNG4xOWppMlpBcENCOHA0Rng3VUtLWWptbERabGxyLTlmYVN3T2RES0lBT1p6eWQ4REttbEhacmtYWmM1R09YOU9MTlFlUElCQUVPSWdGT0wxN09RRU9XZ2NIenRWZlZfSHpRLXpuXzUzWWZTSk1paUp2Um50bjdRSUlTWkthV191X1p3Sy0zaHIzRFoxZlpFU2QwaENZdVVfd2g2Z205UTFUNVZ0UzRieWlw?oc=5) · WIS News 10
- 2019-02-15 [Holiday Closings for President’s Day - Myrtle Beach Sun News](https://news.google.com/rss/articles/CBMiggFBVV95cUxQUWpQWDF5RGJOazJVdTBRQWU1emp0X0twSGY1RVdHdEhfSjRfUDlLeEMwMnlMM0tuRHVWSVd6OGhqMVpIWGVURFBoNVVsellkMnZpTGRUMW1qX1dldmRIOWZaRXQ1MlQ2dGNDbzE5ekI2ZjdFYlFDcVl3RjY5SmRiOGNR0gGCAUFVX3lxTE9jX1dsblY2Y0RyblVKa29IaGJnNjUxcFJuSWVEejJIM2NpQ0tVOWVfUGQ4MTZ0cUxPby1zTHIxa0RsYURGUmYtN2VWM2hxOFNSbmFTWjRqS1lrT1U4ckhsc2pCcHctUkU3MWFuMWFDbV8teUdGMW1GalhQQm1JWGFWY2c?oc=5) · Myrtle Beach Sun News
- 2015-07-01 [HOLIDAY CLOSINGS - Myrtle Beach Sun News](https://news.google.com/rss/articles/CBMic0FVX3lxTE1mZXNSN283UkI4ME9DYzdFbVFHckItekFQWHI3MFZGeEpTazhtVzhtd1pLYmhWQldadjZkVkg1MzZoTWM3d21zbGFkN25MeDFFUk1RMlhkUGd1TzFMMEdBQ1A0LW9ldFlaUTJ4NU9oYTExWVHSAXNBVV95cUxNZTgwdzEyOW9tX0JrSXBpY3pxOGg1WnRzVTVISlViSUkyTmc5TmNjMS14V0hCRGZDTEhZbXpZOHRFamZNSGJjT1VWU2ktM3ZYMThhZlVBMURtYW80S1dGallTS2pIZnRfc1gwb0RlZUZaVGZZ?oc=5) · Myrtle Beach Sun News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17953 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/33.json (key "17953", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide