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 Southern Bank
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Southern Bank
| RSSD ID 307334 | CERTIFICATE 16288 | ABA NUMBER 61212235 |
| 468 E Main St |
Quarter Ended : |
2026-06-30 |
| Spartanburg, South Carolina, 29302 |
Updated : |
2026-07-20 |
| www.thesouthern.bank |
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| Institution Profile |
| Year Opened : |
1945 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
71 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 407,877 |
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Total Interest Income | 11,355 |
| Total Liabilities | 375,729 |
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Total NonInterest Income | 634 |
| Total Bank Equity Capital | 32,148 |
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Total Interest Expense | 5,401 |
| Total Deposits | 358,383 |
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Total NonInterest Expense | 6,037 |
| Net Loans & Leases | 262,379 |
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Net Income | 206 |
| Loan Loss Allowance | 2,716 |
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Net Charge Offs | (38) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 261,967 |
| Total assets for the leverage ratio | 408,571 |
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Loans secured by real estate: | 231,511 |
| Tier 1 Leverage Ratio | 8.18 |
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Commercial and industrial loans | 27,230 |
| Off Balance Sheet Exposures (%) | 8.2 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 3,234 |
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:· Southern Bank
