North Carolina – Forsyth – Winston Salem
(NM) Commercial bank, state charter and Fed nonmember
active
www.smallenoughtocare.com
North Carolina
Forsyth
Winston Salem
(NM) Commercial bank, state charter and Fed nonmember
active
34321
1996
FDIC Certificate Number: 34321
FDIC's unique number: 57080
The FDIC Field Office where an institution is physically located: Charlotte
Federal Reserve ID Number: 2514547
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 22
Number of Foreign Offices: 0
The date of the last data update: 2007-02-23
1996-11-18 Institution established. Original name: Southern Community Bank And Trust.
1998-03-31 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.
2001-02-02 Moved bank headquarters from Winston-salem, North Carolina to Winston Salem, North Carolina.
2001-02-02 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2001-02-02 Changed institution class to Insured Commercial Banks, State, Members Frs.
2004-10-18 Acquired The Community Bank in Pilot Mountain, North Carolina.
2006-11-17 Changed primary regulatory agency from Federal Reserve Board to Federal Deposit Insurance Corporation.
2006-11-17 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
Total assets: $1,559,298,000
Total deposits: $1,253,630,000
Deposits held in domestic offices: $1,253,630,000
Equity capital: $134,003,000
Net income: $2,454,000
Return on Assets: 0.31
Return on Equity: 3.73
Last updated on: 2011-10-20
Bank Holding Company: Southern Community Financial Corporation
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Profile ID: LFUS-BAB-P-465