SouthBank, a Federal Savings Bank

SouthBank, a Federal Savings Bank is headquartered in Huntsville and is the 60^th largest bank in the state of Alabama. It is also the 3,268^th largest bank in the nation. It was established in 1990 and as of March of 2012, it had grown to 94 employees at 13 locations. SouthBank, a Federal Savings Bank has a 2-star health rating.

Data for Q1 2012

SouthBank, a Federal Savings Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

33109 - SouthBank, a Federal Savings Bank
33848 - SouthBank, a Federal Savings Bank

Institution Statistics SouthBank, a Federal Savings Bank OTS # 08854 11351 FDIC Certificate # 33109 BankRate Report View Year Established 1990 Employees 94 Primary Regulator OCC Assets and Liabilities Assets $189.03 million Loans $99.91 million Deposits $165.52 million Equity Capital $20.52 million Loan Loss Allowance $1.69 million Unbacked Noncurrent Loans $6.20 million Real Estate Owned $5.46 million Historic Data - March 2011 Assets $255.76 million Equity Capital $21.50 million Loan Loss Allowance $2.93 million Unbacked Noncurrent Loans $2.51 million Real Estate Owned $9.72 million Profit Margin - Quarterly Net Interest Margin 2.81% Return on Assets -1.41% Return on Equity -14.72% Interest Income $1.72 million

Institution Health Overall Score: 2 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 SouthBank, a Federal Savings Bank had $11.66 million in non-current loans and owned real-estate with $22.22 million in equity and loan loss allowances on hand to cover it. This gives SouthBank, a Federal Savings Bank a Texas Ratio of 52.47% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for SouthBank, a Federal Savings Bank held steady from 50.04% as of March 31, 2011 to 52.47% as of March 31, 2012, resulting in a negative change of 4.85%. This indicates that the balance sheet and financial strength for SouthBank, a Federal Savings Bank has held steady in recent periods. Deposit Growth In the past year, SouthBank, a Federal Savings Bank has decreased its total deposits by -$56.83 million, resulting in -25.56% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth SouthBank, a Federal Savings Bank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. SouthBank, a Federal Savings Bank has $189.03 million in assets with $22.22 million in equity, resulting in a capitalization level of 11.75%, which is above average.

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