| (Values in U.S. Thousands) | Dec, 2015 | Dec, 2014 | Dec, 2013 | Dec, 2012 | Dec, 2011 |
| Sales | 18,350 | 18,910 | 19,220 | 22,420 | 26,340 |
| Sales Growth | -2.96% | -1.61% | -14.27% | -14.88% | -14.26% |
| Net Income | -1,810 | -430 | -1,020 | -3,150 | -9,110 |
| Net Income Growth | -320.93% | +57.84% | +67.62% | +65.42% | +41.45% |
Tidelands Bancshares (TDBK)
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Tideland Bancshares, Inc. is a South Carolina corporation organized in 2002 to serve as the holding company for Tidelands Bank. The Company is mainly engaged in the business of accepting demand, savings and time deposits insured by the FDIC and providing commercial, consumer and mortgage loans to the general public. It provides lending services, including commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans and consumer loans. The company's customers are individuals and small to medium-sized businesses and professional firms that are located in or conduct a substantial portion of their business in its market area. It has focused its lending activities mainly on the professional market, including doctors, dentists, small business owners and commercial real estate developers. The company's main market area is the South Carolina coast, including the Charleston (Charleston, Dorchester and Berkeley counties), Myrtle Beach (Horry and Georgetown County) and Hilton Head (Beaufort and Jasper County) markets areas. Loans secured by real estate mortgages are the main component of its loan portfolio. It offers fixed and adjustable rate residential and commercial construction loans to builders and developers and to consumers who wish to build their own homes. Residential land loans are made to both commercial entities and consumer borrowers for the purpose of financing land upon which to build a residential home. Residential land loans are reclassified as residential construction loans once construction of the residential home commences. The company offers deposit services that are typically available in most banks and savings institutions, including checking accounts, commercial accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. It also offers other bank services including safe deposit boxes, traveler's checks, direct deposit, United States Savings Bonds and banking by mail. The Company competes with commercial banks, credit unions, savings institutions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, money market funds and other mutual funds, as well as other super-regional, national and international financial institutions that operate offices in its market areas and elsewhere.
Fiscal Year End Date: 12/31