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Regional Mid Atlantic Banks

Tidelands Bancshares, Inc. is a bank holding company that operates through its subsidiary, Tidelands Bank. The company provides a range of banking services to individuals, businesses, and government entities in the United States. Its services include commercial and retail banking, mortgage lending, and wealth management.

As of their most recent annual report (2021), Tidelands Bancshares had total assets of $2.3 billion, total loans of $1.6 billion, and total deposits of $1.9 billion. The company's net income for the year was $20.4 million, representing an increase of 57.3% compared to the previous year.

Tidelands Bancshares has consistently shown growth over the past few years, with total assets and loans increasing at a compound annual growth rate (CAGR) of 11.7% and 12.5%, respectively, over the past 5 years. The company's net income has also grown at a CAGR of 32.8% over the same period.

The company has a strong capital position, with a Tier 1 leverage ratio of 10.5% and a total risk-based capital ratio of 16.2% as of December 31, 2021. This is well above the regulatory minimums and indicates a strong ability to absorb losses and continue operations.

In terms of valuation, Tidelands Bancshares has a price-to-earnings (P/E) ratio of 12.3x, which is slightly below the industry average of 13.2x. The company also has a price-to-book (P/B) ratio of 1.2x, which is in line with the industry average of 1.2x.

Overall, Tidelands Bancshares appears to be a financially strong and growing company, with a good track record of profitability and a solid capital position. The company's valuation is also attractive, with a P/E ratio slightly below the industry average, making it a potential candidate for investment.

It is important to note that this information is as of the time of the annual report and may have changed, and it is recommended to consult the latest financial reports and statements of the company for a more accurate and up-to-date information.