Overview / Commentary
Southern Bancorp Bank is headquartered in ARKADELPHIA and is the 9th largest bank in the state of Arkansas. It is also the 459th largest bank in the nation. It was established in 1884 and as of June of 2024, it had grown to 505 employees at 57 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 Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1528 |
| Year Established | 1884 |
| Employees | 505 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 6.02% |
| Annual Interest Income | $62.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.64B$2.47B |
| Loans | Q2 2024vs Q2 2023 | $1.64B$1.54B |
| Deposits | Q2 2024vs Q2 2023 | $2.01B$1.96B |
| Equity Capital | Q2 2024vs Q2 2023 | $348.6MM$328.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $19.8MM$19.1MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $8.9MM$6.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $2.2MM$375K |
