SouthPoint Bank is headquartered in Birmingham and is the 21st largest bank in the state of Alabama. It is also the 1,299th largest bank in the nation. It was established in 2005 and as of December of 2021, it had grown to 100 employees at 5 locations. SouthPoint Bank has an A health rating.
SouthPoint has been great for me (hence the 3 star instead of 1), but are no longer offering the rewards interest rate effective March 1st, 2010. They said that the reason for the change is that "their rate was higher than most of their competitors." So you reduce it a little, right, not just totally can it. Anyway, moving on. Starting to feel like a serial bad-relationship kind of guy, always thinking that the next girl will make me happy. So am I using these banks, or are they using me????
|FDIC Certificate #||58088|
|Return on Assets - YTD||1.44%|
|Return on Equity - YTD||16.71%|
|Annual Interest Income||$28.8MM|
|Assets and Liabilities|
|Assets||Q4 2021vs Q4 2020||$718.8MM$576.0MM|
|Loans||Q4 2021vs Q4 2020||$607.5MM$455.1MM|
|Deposits||Q4 2021vs Q4 2020||$593.2MM$433.5MM|
|Equity Capital||Q4 2021vs Q4 2020||$62.4MM$47.0MM|
|Loan Loss Allowance||Q4 2021vs Q4 2020||$9.8MM$5.7MM|
|Unbacked Noncurrent Loans||Q4 2021vs Q4 2020||$3.9MM$1.1MM|
|Real Estate Owned||Q4 2021vs Q4 2020||$339.00K$0|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|OTHER TIERS: 0.25% → $25k+|
|Arab Branch||1096 North Brindlee Mountain Parkway||Arab, AL 35016|
|Southpoint Bank||3501 Grandview Pkwy||Birmingham, AL 35243|
|Liberty Park Branch||8000 Liberty Pkwy||Birmingham, AL 35242|
|Fairview Branch||44 Butler Street||Cullman, AL 35058|
|Highway 157 Branch||4855 Highway 157, Northwest||Cullman, AL 35055|
|Merchants Bank Al Mo Branch||900 Second Avenue, Sw||Cullman, AL 35055|
|Gardendale Branch||1101 Main Street||Gardendale, AL 35071|
|Hanceville Branch||906 Main Street, Ne||Hanceville, AL 35077|
|The Shoppes At Deerfoot Branch||7278 Gadsden Highway||Trussville, AL 35173|
|Wilsonville Branch||9833 North Main Street||Wilsonville, AL 35186|