Southern Bank and Trust Company
Overview / Commentary
Southern Bank and Trust Company is headquartered in MOUNT OLIVE and is the 6th largest bank in the state of North Carolina. It is also the 287th largest bank in the nation. It was established in 1901 and as of June of 2024, it had grown to 572 employees at 57 locations. Southern Bank and Trust Company has a B+ health rating.
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15359 |
| Year Established | 1901 |
| Employees | 572 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 17.35% |
| Annual Interest Income | $93.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $4.8B$4.65B |
| Loans | Q2 2024vs Q2 2023 | $3.16B$2.95B |
| Deposits | Q2 2024vs Q2 2023 | $4.19B$4.09B |
| Equity Capital | Q2 2024vs Q2 2023 | $306.3MM$265.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $34.1MM$33MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $6.5MM$8MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$141K |
