The Southern Bank Company
Gadsden, AL · Owner: The Southern Banc Company, Inc.
$133M
total assets, June 30, 2026
$133M
total assets, June 30, 2026
The Southern Bank Company is a state nonmember bank based in Gadsden, AL, owned by The Southern Banc Company, Inc. (SRNN). As of June 30, 2026 it held $133.1 million in assets and $104.8 million in deposits; assets were up 6.5% from a year before. It has 4 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$133M
+6.5% in a year · +3.8% in a quarter
Deposits
$105M
+3.0% in a year · +2.3% in a quarter
Loans
$68.2M
+16.8% in a year · +18.2% in a quarter
Profit so far
$859K
Jan 1 to Jun 30, 2026 · +129.7% in a year
Capital ratio
15.05%
+0.79 pts in a year
Return on assets
1.32%
+0.71 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 221 S 6th St, Gadsden, AL, 35901
- County
- Etowah
- Holding company
- The Southern Banc Company, Inc. (SRNN)
- Established
- Jun 1, 1936
- Employees
- 40
- Branches
- 4
- Website
- www.sobanco.com
- Id
- b29731
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
4 offices as of June 30, 2026, holding $104.8 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Alabama | 4 | $105M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| The Southern Bank Company (main office) | Gadsden, AL | $56.4M |
| 390 West Main Street Branch | Centre, AL | $33.1M |
| 2204 Henry Street Branch | Guntersville, AL | $10.3M |
| East Main Street Branch | Albertville, AL | $5.0M |
Related pages
Questions and answers
How big is The Southern Bank Company?
$133.1 million in total assets and $104.8 million in deposits as of June 30, 2026, with assets up 6.5% from a year before. Its loans were $68.2 million.
How many branches does The Southern Bank Company have?
4 branches in Alabama as of June 30, 2026.
Is The Southern Bank Company profitable?
Yes: it earned $859,000 from January 1 to June 30, 2026 (up 129.7% from the same months a year before). Its return on assets was 1.32% a year; about 1% is typical.
Who owns The Southern Bank Company?
The Southern Bank Company is owned by The Southern Banc Company, Inc., its holding company, which is listed as SRNN.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.