Overview / Commentary
Southern Bancorp Bank is headquartered in ARKADELPHIA and is the 9th largest bank in the state of Arkansas. It is also the 481st largest bank in the nation. It was established in 1884 and as of March of 2023, it had grown to 441 employees at 56 locations. Southern Bancorp Bank has an A+ health rating.
Reviews (1)
They Have An Internet Only Bank , ELEVAULT
Posted by: casey31 | Sep 19, 2023
anyone know about this bank
5.5% interest seems too good to be true
Health
A+
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1528 |
| Year Established | 1884 |
| Employees | 441 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 6.97% |
| Annual Interest Income | $23.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $2.40B$2.07B |
| Loans | Q1 2023vs Q1 2022 | $1.48B$1.24B |
| Deposits | Q1 2023vs Q1 2022 | $2.03B$1.74B |
| Equity Capital | Q1 2023vs Q1 2022 | $324.6MM$203.3MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $20.5MM$16.4MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $7.0MM$7.4MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $403.00K$944.00K |
