Southern Bank
Chartered Bank Active FDIC Insured
Health Score
3.7 / 10
468 E Main St, Spartanburg, SC 29302
Financial Overview
Total Assets $400.2M
Total Deposits $346.9M
Profitability (ROA) 0.09%
Shareholder Return (ROE) 1.14%
Capital Cushion (Eq/Assets) 7.75%
Established 07/02/1945
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$43.4M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.thesouthern.bank
FDIC Certificate #: 16288
Specialization: Commercial Lending Specialization