Southern Bank and Trust Company

Southern Bank and Trust Company is headquartered in Mount Olive and is the 6^th largest bank in the state of North Carolina. It is also the 353^rd largest bank in the nation. It was established in 1901 and as of December of 2012, it had grown to 498 employees at 65 locations. Southern Bank and Trust Company has a 3-star health rating.

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Data for Q4 2012

Institution Statistics Southern Bank and Trust Company FDIC Certificate # 15359 BankRate Report View Year Established 1901 Employees 498 Primary Regulator FDIC Assets and Liabilities Assets $2.02 billion Loans $1.14 billion Deposits $1.71 billion Equity Capital $180.22 million Loan Loss Allowance $13.53 million Unbacked Noncurrent Loans $76.94 million Real Estate Owned $1.72 million Historic Data - December 2011 Assets $2.04 billion Equity Capital $187.37 million Loan Loss Allowance $14.61 million Unbacked Noncurrent Loans $28.82 million Real Estate Owned $1.92 million Profit Margin - Quarterly Net Interest Margin 4.08% Return on Assets 0.99% Return on Equity 10.55% Interest Income $80.17 million

Institution Health Overall Score: 3 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 December 31, 2012 Southern Bank and Trust Company had $78.66 million in non-current loans and owned real-estate with $193.75 million in equity and loan loss allowances on hand to cover it. This gives Southern Bank and Trust Company a Texas Ratio of 40.60% 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 Southern Bank and Trust Company increased slightly from 15.22% as of December 31, 2011 to 40.60% as of December 31, 2012, resulting in a negative change of 166.80%. This indicates that the balance sheet and financial strength for Southern Bank and Trust Company has declined slightly in recent periods. Deposit Growth In the past year, Southern Bank and Trust Company has increased its total deposits by $49.88 million, resulting in 3.01% 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 Southern Bank and Trust Company has shown is above average. 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. Southern Bank and Trust Company has $2.02 billion in assets with $193.75 million in equity, resulting in a capitalization level of 9.59%, which is average.

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