The Southern Bank Company (FDIC certificate #29731) is based in Gadsden, Alabama. Its Q2 2026 call report shows $133.1M in total assets and $104.8M in deposits and 4 offices.
Based on its Q2 2026 filing, The Southern Bank Company scores 76/100, which we describe as strong. That is higher than 64% of 2,650 banks with $100 million – $1 billion. Among 93 banks headquartered in Alabama, it ranks 34th. Its strongest component is capital cushion (100/100; 15.05%), and its lowest is loan quality (37/100; 1.89%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 18 points (58 → 76), mostly because the loan quality component improved by 37 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 91 |
| Q3 2024 | 89 |
| Q4 2024 | 87 |
| Q1 2025 | 59 |
| Q2 2025 | 58 |
| Q3 2025 | 58 |
| Q4 2025 | 60 |
| Q1 2026 | 65 |
| Q2 2026 | 76 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 15.92% |
| Q3 2024 | 15.39% |
| Q4 2024 | 15.27% |
| Q1 2025 | 14.58% |
| Q2 2025 | 14.26% |
| Q3 2025 | 14.62% |
| Q4 2025 | 14.48% |
| Q1 2026 | 14.96% |
| Q2 2026 | 15.05% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.31% |
| Q3 2024 | 0.31% |
| Q4 2024 | 0.68% |
| Q1 2025 | 3.75% |
| Q2 2025 | 3.87% |
| Q3 2025 | 3.39% |
| Q4 2025 | 3.15% |
| Q1 2026 | 3.15% |
| Q2 2026 | 1.89% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.39% |
| Q3 2024 | 1.13% |
| Q4 2024 | 1.17% |
| Q1 2025 | 0.75% |
| Q2 2025 | 0.60% |
| Q3 2025 | 0.60% |
| Q4 2025 | 0.74% |
| Q1 2026 | 1.13% |
| Q2 2026 | 1.32% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 76 | $133.1M | 15.05% | 1.89% | 1.32% | 63.4% |
| Q1 2026 | 65 | $128.2M | 14.96% | 3.15% | 1.13% | 55.1% |
| Q4 2025 | 60 | $129.6M | 14.48% | 3.15% | 0.74% | 56.1% |
| Q3 2025 | 58 | $128.2M | 14.62% | 3.39% | 0.60% | 53.6% |
| Q2 2025 | 58 | $125.0M | 14.26% | 3.87% | 0.60% | 55.6% |
| Q1 2025 | 59 | $128.2M | 14.58% | 3.75% | 0.75% | 56.2% |
| Q4 2024 | 87 | $117.8M | 15.27% | 0.68% | 1.17% | 60.1% |
| Q3 2024 | 89 | $114.3M | 15.39% | 0.31% | 1.13% | 64.7% |
| Q2 2024 | 91 | $113.7M | 15.92% | 0.31% | 1.39% | 63.2% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Alabama
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First State Bank of the South, Inc.Bank Sulligent, AL | 89 out of 100, Very strong | $130.7M | 16.4% | 0.24% | vs |
| Merchants & Farmers Bank of Greene County, AlabamaBank Eutaw, AL | 46 out of 100, Below average | $135.9M | 11.7% | 5.41% | vs |
| The Citizens BankBank Greensboro, AL | 67 out of 100, Moderate | $129.2M | 12.2% | 1.87% | vs |
| Brantley Bank and Trust CompanyBank Brantley, AL | 48 out of 100, Below average | $126.9M | 10.1% | 2.55% | vs |
| The Samson Banking Company, Inc.Bank Samson, AL | 94 out of 100, Very strong | $124.5M | 14.8% | 0.00% | vs |
| Bank of MoundvilleBank Moundville, AL | 55 out of 100, Moderate | $144.6M | 15.1% | 5.45% | vs |
Deposit insurance
Is my money safe at The Southern Bank Company?
Yes. The Southern Bank Company is an FDIC-insured institution (FDIC certificate #29731). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 22.7% of deposits ($23.8M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 15.05%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
4 locations
Branches
The Southern Bank Company lists 4 offices in 4 cities. Most locations:
- Albertville, AL (1)
- Centre, AL (1)
- Gadsden, AL (1)
- Guntersville, AL (1)
Identity & history
Profile
- Legal name
- The Southern Bank Company
- Former names
- First Federal Savings and Loan Association; First Federal Savings and Loan Association of Gadsden
- Type
- State-chartered bank
- FDIC certificate #
- 29731
- RSSD ID
- 117775
- Primary regulator
- FDIC
- Holding company
- Southern Banc Co Inc the
- Established
- June 1, 1936
- Headquarters
- 221 S 6th St, Gadsden, AL 35901
- Website
- www.sobanco.com
- Employees
- 40
Quick answers
The Southern Bank Company: common questions
Is The Southern Bank Company FDIC insured?
Yes. The Southern Bank Company is an FDIC-insured institution (FDIC certificate #29731). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Southern Bank Company's TellerScore?
76 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has The Southern Bank Company ever failed?
There is no failure record for FDIC certificate #29731 in the FDIC failed bank list.
How many branches does The Southern Bank Company have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Gadsden
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Family Security Credit UnionCredit union Decatur, AL | 95 out of 100, Very strong | $1.1B | 19.9% | 0.61% | vs |
| The Exchange Bank of AlabamaBank Altoona, AL | 91 out of 100, Very strong | $392.5M | 15.3% | 0.04% | vs |
| Aod Federal Credit UnionCredit union Bynum, AL | 89 out of 100, Very strong | $466.7M | 16.4% | 0.53% | vs |
| First Bank of BoazBank Boaz, AL | 88 out of 100, Very strong | $239.8M | 19.7% | 0.05% | vs |
| Liberty BankBank Geraldine, AL | 81 out of 100, Strong | $258.6M | 11.3% | 0.15% | vs |
| NobleBank & TrustBank Anniston, AL | 81 out of 100, Strong | $444.0M | 11.3% | 0.26% | vs |