SCBT Financial Corp. profit drops 56% in 2011

The Columbia-based bank holding company posted $22.6 million in net income for the year, down from $51.9 million in 2010. In the fourth quarter of 2011, the bank said net income jumped to $4.8 million from $559,000 in the fourth quarter of 2010.

Foreclosure closings account for fewer home sales

In South Carolina, 10% of home sales in the third quarter of 2011 were foreclosure related, according to the latest data from RealtyTrac. Both statewide and national figures were down over the same time last year, in part because of uncertainty in the process of buying and selling foreclosure properties, the company said.

Ameris Bancorp posts $17.9M in net income for 2011

The Georgia-based regional bank’s 2011 net income earnings is a sharp turnaround compared with its $7.2 million loss in 2010. The bank also reported total deposits were up 2.2% to $2.59 billion.

South Atlantic Bank reports first yearly profit

The Myrtle Beach-based bank said net income for 2011 was $1,155,407, compared with a loss of $944,856 in 2010. South Atlantic Bancshares first began operations in 2007.

Continental deal earns award for S.C. commerce

The S.C. Department of Commerce was honored with the Silver Award for economic development by Business Facilities magazine for Continental Tire the Americas’ plans to invest $500 million in a new factory, expand its U.S. headquarters and create 1,700 jobs.

List of the Week

Get information about top businesses in the region through the Business Report's online lists. Sample the list of professional staffing agencies in the Midlands ranked by number of local staff members here or browse the main research page here. Each week, the Daily Report offers a new featured list for readers.

Job of the Week

The professional training company Dale Carnegie is seeking full-time sales consultants in Columbia, Greenville and Charleston. The position allows the opportunity to create new business with companies and manage existing client relationships. Salary is based on commission. Learn more or apply here.

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