Southern Bank

Southern Bank is a currently active commercial lending specialization banking institution headquartered in Spartanburg, South Carolina. Established in 07/02/1945, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, Southern Bank manages $400.2M in total assets and holds $346.9M in customer deposits. When evaluating the stability of Southern Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 7.75%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 0.09%, while its Return on Equity (ROE) sits at 1.14%. These figures yield a lower health score of 3.7 out of 10, indicating potential areas for operational improvement and tighter capital management.