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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Gadsden, AL · FDIC certificate #29731
SOUTHERN BANK CO is an FDIC-insured institution based in Gadsden, AL (FDIC certificate #29731). In its Q3 2026 Call Report it reported total assets of $134M, total deposits of $104M and net loans of $77M. Its primary federal regulator is FDIC.
Plain-language readout
SOUTHERN BANK CO has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $134M in Q3 2026 and were lowest at $128M in Q1 2026.
Total deposits were highest at $105M in Q2 2026 and lowest at $102M in Q1 2026.
Over the whole period total assets rose 4.3%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $134M | $104M | $77M | 1.65% | 12.29% | 8.83% |
| Q2 2026 | $133M | $105M | $66M | 1.32% | 9.80% | 8.39% |
| Q1 2026 | $128M | $102M | $56M | 1.13% | 8.37% | 7.75% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $19.3M | $24.2M | -$4.9M | -20.2% |
| Federal funds sold | $135K | $135K | $0K | 0.0% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $43.4M | $44.0M | -$573K | -1.3% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $66.5M | $56.4M | +$10.1M | +17.9% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $1.1M | $906K | +$216K | +23.8% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $2.7M | $2.6M | +$52K | +2.0% |
| Total assets | $133.1M | $128.2M | +$4.9M | +3.8% |
| Liabilities | ||||
| Total deposits | $104.8M | $102.4M | +$2.4M | +2.3% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $0K | $0K | $0K | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $10.5M | $8.3M | +$2.2M | +26.1% |
| Total liabilities | $115.2M | $110.7M | +$4.5M | +4.1% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $1K | $1K | $0K | 0.0% |
| Surplus | $7.7M | $7.7M | $0K | 0.0% |
| Retained earnings | $12.3M | $11.8M | +$495K | +4.2% |
| Accumulated other comprehensive income | -$2.2M | -$2.0M | -$132K | -6.5% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $17.9M | $17.5M | +$363K | +2.1% |
| Credit and capital | ||||
| Gross nonperforming assets | $1.3M | $1.8M | -$529K | -29.1% |
| Adjusted nonperforming assets | $1.3M | $1.8M | -$529K | -29.1% |
| Tangible equity plus allowance | $19.6M | $18.8M | +$756K | +4.0% |
| Texas ratio (gross) | 6.59% | 9.67% | -3.07 pts | See points |
| Texas ratio (adjusted) | 6.59% | 9.67% | -3.07 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 6.59% | 9.67% | -3.07 pts | See points |
| Tier 1 capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Common equity Tier 1 to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Tier 2 capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Total risk-based capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Tier 1 leverage (approximate) | 15.05% | 14.96% | +0.09 pts | See points |
| Construction and land loans to total capital | 11.89% | 14.12% | -2.24 pts | See points |
| Commercial real estate to total capital | 41.28% | 45.76% | -4.48 pts | See points |
| Dividend payout, year to date | 0.00% | 0.00% | 0.00 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -14.55% | -14.01% | -0.55 pts | See points |
| Liquidity | ||||
| Core deposits | $79.1M | $77.4M | +$1.7M | +2.2% |
| Non-core funding | $25.7M | $25.0M | +$652K | +2.6% |
| Loans to core deposits | 86.22% | 74.58% | +11.64 pts | See points |
| Loans to deposits | 65.08% | 56.34% | +8.74 pts | See points |
| Brokered deposits share of deposits | 0.00% | 0.00% | 0.00 pts | See points |
| Pledged securities share of securities | 42.30% | 43.48% | -1.18 pts | See points |
| Loans pledged, share of loans | 0.00% | 0.00% | 0.00 pts | See points |
| Volatile liabilities | $25.7M | $25.0M | +$652K | +2.6% |
| Earnings | ||||
| Earnings before provision, year to date | $1.5M | $548K | +$986K | +179.9% |
| Earnings before provision, single quarter | $986K | $548K | +$438K | +79.9% |
| Provision for credit losses, year to date | $387K | $57K | +$330K | +578.9% |
| Yield and cost | ||||
| Yield on loans and leases | 18.80% | 17.98% | +0.82 pts | See points |
| Yield on interest-bearing balances due from banks | 3.74% | 3.61% | +0.13 pts | See points |
| Total interest income to average assets | 10.66% | 9.42% | +1.24 pts | See points |
| Cost of interest-bearing transaction accounts | 0.12% | 0.12% | -0.00 pts | See points |
| Cost of savings and money market deposits | 2.21% | 2.28% | -0.08 pts | See points |
| Cost of time deposits | 3.79% | 3.77% | +0.03 pts | See points |
| Total interest expense to average assets | 2.03% | 2.05% | -0.02 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $134M | $104M | $77M | 1.65% | 12.29% | 8.83% |
| 2026-06-30 | $133M | $105M | $66M | 1.32% | 9.80% | 8.39% |
| 2026-03-31 | $128M | $102M | $56M | 1.13% | 8.37% | 7.75% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| AL | $101.8M | 0.07% | 108 | Continuing · +0.00 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.