Waccamaw Bank to sell 11 branches, including those in Horry County

Sun News -  Waccamaw Bank will be selling 11 of its branches, including those in Horry and Brunswick counties, to First Bank, if regulators approve the deal.  First Bank will buy all of the buildings and equipment at the branches, gain about $180 million in deposits and buy $98 million in performing loans, First Bancorp, the parent company of First Bank and Waccamaw Bankshares, Inc., the parent company of Waccamaw Bank announced Monday.  The sale is expected to be completed in the first three months of next year.