Bank Safety Analysis
Is Southpoint Bank Safe? Birmingham, Alabama
Based on its Q2 2026 call report, Southpoint Bank meets every capital ratio test for well capitalized, its Texas ratio is 36.15%, and its deposits are FDIC insured up to $250,000 per depositor.
BankRegReports is independent of Southpoint Bank and never asks for online banking logins or passwords.
Short answer
On its Q2 2026 call report, Southpoint Bank's CET1 ratio is 8.91%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q2 2026): 8.91%
- Tier 1 leverage ratio (Q2 2026): 6.86%
- Texas ratio (Q2 2026): 36.15%
- Noncurrent loans ratio (Q2 2026): 3.54%
Southpoint Bank is an FDIC-insured commercial bank (FDIC Certificate #58088). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Context: largest US bank failures · what these ratios mean · how we score.
Southpoint Bank is outside the pass range on 1 of 5 safety dimensions: asset quality. Capital and leverage are above their regulatory minimums. The failed band is a BankRegReports band, not a supervisory threshold. 2 risk screens are flagged: non-performing loan ratio and commercial real estate to capital. Analysis based on the Q2 2026 call report.
Return on assets dropped 3.01 percentage points in Q2 2026, from -0.27% to -3.28%. It was the largest change from Q1 2026 among the key lines here. Southpoint Bank has the 1st lowest CET1 ratio of the 36 banks headquartered in Alabama, at 8.91% as of Q2 2026. The median for banks in the $1B-10B asset tier is 13.49% on CET1 ratio. Southpoint Bank sits 4.59 points lower, at 8.91% (Q2 2026). From Q3 2023 to Q2 2026, Southpoint Bank's CET1 ratio ranged between 7.98% (Q4 2024) and 9.61% (Q3 2025) and its Texas ratio ranged between 5.55% (Q3 2023) and 42.81% (Q3 2025). Between Q2 2025 and Q2 2026, Southpoint Bank's CET1 ratio rose from 8.73% to 8.91%, nonperforming loan ratio (nonaccrual plus 90+ days past due) rose from 2.83% to 3.54%, Texas ratio rose from 31.36% to 36.15% and return on assets fell from 0.54% to -3.28%.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating. Held-out test AUC 0.910 for the 1-year horizon (v20261026_025757). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: $1B to $10B (941 banks) · Industry averages as of Q2 2026.
CET1 of 8.91% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 6.86% is above the 5% well-capitalized threshold.
Nonperforming loans at 3.54% are at a stress-band level above 3%.
Texas Ratio of 36.1% is well below the 100% historical failure threshold.
Efficiency ratio of 69.1% is inside the 75% pass line, though above the 65% level typical of lower-cost banks.
Risk screens
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 8.91% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 36.15% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 3.54% | Flags at 3% or above | Flagged |
| Uninsured deposit share BankRegReports band | 13.26% | Watch at 50%, concern at 70% | Within range |
| Loan-to-deposit ratio BankRegReports band | 85.38% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 306.01% | Watch at 200%, concern at 300% | Flagged |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Watch at 10%, concern at 25% | Within range |
Capital ratio: last 9 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 8.91% |
| Q1 2026 | 9.43% |
| Q4 2025 | 9.26% |
| Q3 2025 | 9.61% |
| Q2 2025 | 8.73% |
| Q1 2025 | 8.19% |
| Q4 2024 | 7.98% |
| Q3 2024 | 9.21% |
| Q2 2024 | 8.95% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 36.15% |
| Q1 2026 | 37.19% |
| Q4 2025 | 32.25% |
| Q3 2025 | 42.81% |
| Q2 2025 | 31.36% |
| Q1 2025 | 35.75% |
| Q4 2024 | 25.27% |
| Q3 2024 | 14.15% |
| Q2 2024 | 12.36% |
| Q1 2024 | 9.87% |
| Q4 2023 | 12.24% |
| Q3 2023 | 5.55% |
Southpoint Bank by quarter
| Quarter end | CET1 | NPL ratio | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | 8.91% | 3.54% | 36.15% | -3.28% |
| Mar 31, 2026 | 9.43% | 4.18% | 37.19% | -0.27% |
| Dec 31, 2025 | 9.26% | 3.40% | 32.25% | -4.03% |
| Sep 30, 2025 | 9.61% | 4.45% | 42.81% | 0.53% |
| Jun 30, 2025 | 8.73% | 2.83% | 31.36% | 0.54% |
| Mar 31, 2025 | 8.19% | 3.17% | 35.75% | 0.49% |
| Dec 31, 2024 | 7.98% | 1.75% | 25.27% | -4.75% |
| Sep 30, 2024 | 9.21% | 1.41% | 14.15% | 1.03% |
| Jun 30, 2024 | 8.95% | 1.18% | 12.36% | 0.98% |
| Mar 31, 2024 | — | 0.90% | 9.87% | 1.15% |
| Dec 31, 2023 | — | 1.16% | 12.24% | 0.88% |
| Sep 30, 2023 | — | 0.55% | 5.55% | 1.34% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Southpoint Bank FDIC insured?
Yes. Southpoint Bank is an FDIC-insured commercial bank (FDIC Certificate #58088). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is Southpoint Bank well capitalized?
On its Q2 2026 call report, Southpoint Bank's CET1 ratio is 8.91%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are Southpoint Bank's key safety ratios?
For Q2 2026, Southpoint Bank reports CET1 8.91%, leverage 6.86%, Texas ratio 36.15%, noncurrent loans 3.54%. The Texas ratio compares problem assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
What happens to my deposits if Southpoint Bank fails?
Insured deposits are protected up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC pays insured depositors as soon as possible, usually the next business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 58088) · FFIEC NIC profile (RSSD 3386536)
Explore: Full Southpoint Bank profile · Other banks in AL · Metric glossary · How the call report works