Website: N/A
Stock Symbol: NASDAQ: WBNK
Market Value: N/A (in millions)
Waccamaw Bankshares, Inc. (the “Company”) was formed during 2001 as a financial
holding company chartered in the State of North Carolina. On July 1, 2001, the
Company acquired all the outstanding shares of Waccamaw Bank (the “Bank”) in a
tax-free exchange. To date, the only business activities of the Company consist
of the activities of the Bank.
Waccamaw Bank was organized and incorporated under the laws of the State of
North Carolina on August 28, 1997 and commenced operations on September 2, 1997.
The Bank currently serves Columbus County, North Carolina and surrounding areas
through three banking offices, Brunswick County through seven banking offices,
New Hanover County through one banking office, Bladen County through one banking
office, Lancaster County, South Carolina through one banking office and Horry
County, South Carolina through three banking offices.