Stock Detail
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Stock Profile
Waccamaw Bankshares, Inc. operates as the holding company for Waccamaw Bank, which provides commercial banking services in Columbus, Brunswick, and New Hanover counties of North Carolina. The bank accepts demand accounts, as well as money market, savings, and time deposits. It also offers commercial loans; loans for real estate construction and land development; one- to four-family residential loans, multifamily residential loans; farmland, nonfarm and nonresidential, and agricultural loans; and consumer loans. The bank invests in U.S. government agency securities, mortgage-backed securities, corporate securities, municipal securities, and equity securities. As of December 31, 2004, the bank had three banking offices serving Columbus County, two banking offices serving Brunswick County, and one banking office serving New Hanover County, North Carolina. The company was formed in 1997 and is based in Whiteville, North Carolina.