Alabama – Etowah – Gadsden
(NM) Commercial bank, state charter and Fed nonmember
active
www.sobanco.com
Alabama
Etowah
Gadsden
(NM) Commercial bank, state charter and Fed nonmember
active
29731
1936
FDIC Certificate Number: 29731
FDIC's unique number: 42565
The FDIC Field Office where an institution is physically located: Shelby
Federal Reserve ID Number: 117775
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 4
Number of Foreign Offices: 0
The date of the last data update: 2011-02-24
1936-06-01 Institution established. Original name: First Federal Savings And Loan Association.
1993-11-01 Changed name to First Federal Savings And Loan Association Of Gadsden .
1995-10-05 Changed organization type to Stock Savings & Loan.
1999-08-15 Changed name to The Southern Bank Company .
2008-07-01 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2008-07-01 Changed organization type to Commercial Bank.
2008-07-01 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
Total assets: $95,947,000
Total deposits: $71,131,000
Deposits held in domestic offices: $71,131,000
Equity capital: $15,243,000
Net income: $-89,000
Return on Assets: -0.18
Return on Equity: -1.16
Last updated on: 2011-10-20
Bank Holding Company: Southern Banc Company, Inc., The
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Profile ID: LFUS-BAB-P-4017