Southern Commercial Bank

Southern Commercial Bank is headquartered in Saint Louis and is the 44^th largest bank in the state of Missouri. It is also the 1,319^st largest bank in the nation. It was established in 1891 and as of March of 2012, it had grown to 135 employees at 10 locations. Southern Commercial Bank has a 3-star health rating.

Southern Commercial Bank Checking Account Rates

Southern Commercial Bank Savings Account Rates

Southern Commercial Bank Money Market Rates

Southern Commercial Bank CD Rates

Data for Q1 2012

Institution Statistics Southern Commercial Bank FDIC Certificate # 1080 BankRate Report View Year Established 1891 Employees 135 Primary Regulator FED Assets and Liabilities Assets $513.68 million Loans $306.94 million Deposits $446.18 million Equity Capital $51.55 million Loan Loss Allowance $9.72 million Unbacked Noncurrent Loans $11.09 million Real Estate Owned $6.85 million Historic Data - March 2011 Assets $521.80 million Equity Capital $49.89 million Loan Loss Allowance $8.87 million Unbacked Noncurrent Loans $18.25 million Real Estate Owned $5.08 million Profit Margin - Quarterly Net Interest Margin 4.08% Return on Assets 0.88% Return on Equity 9.02% Interest Income $5.71 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 March 31, 2012 Southern Commercial Bank had $17.94 million in non-current loans and owned real-estate with $61.26 million in equity and loan loss allowances on hand to cover it. This gives Southern Commercial Bank a Texas Ratio of 29.29% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Southern Commercial Bank decreased slightly from 39.71% as of March 31, 2011 to 29.29% as of March 31, 2012, resulting in a positive change of 26.25%.This indicates that the balance sheet and financial strength for Southern Commercial Bank has improved slightly in recent periods. Deposit Growth In the past year, Southern Commercial Bank has decreased its total deposits by -$4.61 million, resulting in -1.02% 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 Commercial Bank has shown is below 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 Commercial Bank has $513.68 million in assets with $61.26 million in equity, resulting in a capitalization level of 11.93%, which is above average.

No reviews have been left for this bank yet. Be the first to review.