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Beach First National Bancshares, Inc
3751 Robert M Grissom Pkwy Ste 100
Phone: (843) 626-2265p:843 626-2265 MYRTLE BEACH, SC  29577-6412  United States
On 5/5/2017, Beach First National Bancshares, Inc's Chapter 7 bankruptcy case (10-03499) was terminated.
This company is no longer actively traded on any major stock exchange.
Business Summary
Beach First National Bancshares, Inc. is a holding company for Beach First National Bank (the Bank), Beach First National Trust (the Trust), Beach First National Trust II (the Trust II) and BFNM, LLC (the LLC). The Bank provides full commercial banking services to customers. The Trust and Trust II are special purpose subsidiaries organized for the sole purpose of issuing trust preferred securities. The Company focuses on a range of lending services, including real estate, commercial, consumer loans, home equity lines of credit, and loans to small-to-mid-size businesses in the Grand Strand and Hilton Head Island markets. At December 31, 2008, the Company had loans that were secured by real estate of approximately $482.7 million, or 87.53%, of the loan portfolio, commercial loans of $59 million, and consumer loans of $9.7 million.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/200912/31/2008YesYesYes--

Industries
SIC Code Description
6021 National commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Raymond E.Cleary 64 1/1/1995
Chief Financial Officer, Executive Vice President, corporate Secretary Gary S.Austin 58 8/27/2007 8/27/2007
Executive Vice President, Chief Credit Officer, Assistant Secretary Mary K.Huntley 62 1/1/2007
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Beach First National Bank (SC) 3751 Robert M. Grissom Parkway Myrtle Beach SC United States

Business Names
Business Name
Beach First National Bancshares Inc
Beach First National Bank
Beach First National Trust
Beach First National Trust II
BFNM, LLC

General Information
Number of Employees: 179 (As of 12/31/2008)
Outstanding Shares: 4,845,018 (As of 12/31/2009)
Shareholders: 1,515
Stock Exchange: OTC
Federal Tax Id: 571030117


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Saturday, July 22, 2023