The Southern Bank Company is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Gadsden, Alabama, established in 06/01/1936. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 4 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, The Southern Bank Company reported total assets of $110,278 and manages deposits totaling $90,889 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $472 thousands last year. For more details, visit their website at http://www.sobanco.com.
Bank Information:
- Bank Name: The Southern Bank Company
- Address: 221 S 6th St, Gadsden, Etowah, AL, 35901
- Website: http://www.sobanco.com
Classification and Operations:
- State: Alabama
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 4
- Number of Foreign Offices: 0
- Total Assets: $110,278
- Total Deposits: $90,889
- Domestic Office Deposits: $90,889
Financial Data:
- Net Income (Attributable to Bank): $472
Establishment and Record:
- Established Date: 06/01/1936
- Last Recorded Data on: 04/12/2024