The Southern Bank Company: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Asset quality shifted last quarter, NPLs fell to 1.89% from 3.12% in the prior period. Operating from Gadsden, AL, The Southern Bank Company serves its local market as an FDIC-insured commercial bank. The Southern Bank Company's Q2 2026 balance sheet shows $133M in assets funded primarily by $105M in customer deposits. Under the simplified Community Bank Leverage Ratio framework, leverage of 15.05% exceeds the CBLR threshold. The bank posts a strong 1.49% ROA and 11.22% ROE. Credit conditions bear watching: 1.89% NPL ratio with a 6.59% Texas Ratio (elevated but below the 100% concern level). 4 branches make up the footprint.
As of June 30, 2026, The Southern Bank Company reported a Tier 1 leverage ratio of 15.05%, a return on assets of 1.49%, a nonperforming-loan ratio of 1.89%, a Texas ratio of 6.59%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 221 S 6th St, Gadsden, AL 35901
- County
- Etowah
- Metro Area
- Gadsden, AL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- June 1, 1936
- Former names
- The Southern Bank Company (1999); First Federal Savings and Loan Association of Gadsden (1993-1999)
- Offices
- 4 domestic
- Employees (FTE)
- 40
- Domestic deposits
- $104.8M
- Allowance for credit losses
- $1.7M
- Net charge-offs (YTD)
- -$215K
- Average total assets
- $133.0M
- Average total loans
- $65.5M
- Average interest-bearing deposits
- $91.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29731
- Fed RSSD
- 117775
- SEC CIK
- 946453 → filed by SOUTHERN BANC COMPANY, INC., THE
- Website
- www.sobanco.com →
- Parent Holding Company
- SOUTHERN BANC COMPANY, INC., THE (RSSD 2496193)
Profitability
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. This bank files the community bank leverage ratio (CBLR), the simplified capital framework for qualifying community banks. It does not report CET1, Tier 1 or total risk-based ratios, so the Tier 1 leverage ratio is the capital measure that applies.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
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How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings. A community bank leverage ratio filer reports no CET1 ratio, so the first ratio column is the Tier 1 leverage ratio.
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.05% | 1.49% | 1.89% | 6.59% | 8.84% |
| Q1 2026 | 14.96% | 1.11% | 3.12% | 9.67% | 7.54% |
| Q4 2025 | 14.48% | 1.12% | 3.23% | 10.40% | 7.31% |
| Q3 2025 | 14.62% | 0.59% | 3.47% | 11.06% | 7.17% |
| Q2 2025 | 14.26% | 0.43% | 3.94% | 12.78% | 7.09% |
| Q1 2025 | 14.58% | 0.73% | 3.72% | 13.10% | 7.14% |
| Q4 2024 | 15.27% | 1.25% | 0.68% | 2.44% | 7.53% |
| Q3 2024 | 15.39% | 0.61% | 0.31% | 1.12% | 7.57% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 4 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Southern Bank Company | Gadsden , AL | 35901 | $56.4M |
| 390 West Main Street Branch | Centre , AL | 35960 | $33.1M |
| 2204 Henry Street Branch | Guntersville , AL | 35976 | $10.3M |
| East Main Street Branch | Albertville , AL | 35950 | $5.0M |
Regulatory record
What the public regulatory sources show for The Southern Bank Company, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in AL, rank 107 of 131 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about The Southern Bank Company
What are The Southern Bank Company's total assets?
As of the Q2 2026 filing, The Southern Bank Company reported total assets of $133.1 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is The Southern Bank Company headquartered?
The Southern Bank Company is headquartered in Gadsden, AL, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was The Southern Bank Company founded?
The Southern Bank Company was established in 1936, per the FDIC institution directory.
Is The Southern Bank Company FDIC-insured?
Yes. The Southern Bank Company is an FDIC-insured commercial bank (FDIC Certificate #29731). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Southern Bank Company?
The Southern Bank Company's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
How many branches does The Southern Bank Company operate?
The Southern Bank Company operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Southern Bank Company's Texas Ratio?
The Southern Bank Company's Texas Ratio is 6.59% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was The Southern Bank Company previously called?
The charter now named The Southern Bank Company has also operated as The Southern Bank Company (1999), First Federal Savings and Loan Association of Gadsden (1993-1999), per FDIC structure-change records.
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