Description: Southern BancShares (N.C.) is the holding company for Southern Bank & Trust, which operates more than 50 branches throughout eastern and central North Carolina. The bank offers standard retail products and services, including checking and savings accounts, IRAs, and CDs. It primarily uses funds from deposits to originate residential and commercial mortgages, which represent about half of the company's loan portfolio. The bank also offers business loans, construction loans, consumer loans, and lease financing. The Holding family, which also owns significant stakes in another North Carolina bank, First Citizens BancShares, and in South Carolina's First Citizens Bancorporation, controls Southern BancShares. More from Hoovers ยป
Home Page: www.southernbank.com
116 East Main Street
Mount Olive,
NC
28365
United States
Phone:
919 658 7022
Officers
| Name | Title |
|---|---|
| Mr. Drew M. Covert | CEO & Chairman |
| Mr. L. Taylor Harrell | Pres |
| Mr. David L. Sauls Jr. | Exec. VP & CFO |
| Mr. Edward I. Coltrain | Exec. VP & COO |
| Mr. Michael T. Bryant | Exec. VP of Legacy Region |
| Mr. Jerry C. Alexander | Exec. VP of Northeast Region |
| Ms. Sondra F. McCorquodale | Exec. VP & Chief Digital Officer |
| Mr. Robert E. Wood | Exec. VP & Chief Credit Officer |
| Mr. Trent Dudley | Sr. VP of Hampton Roads Region |
| Ms. Valerie W. Roberson | Sr. VP & HR Mang. |
Exchange: PINK
Country: US
Currency: US Dollar ($)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Regional Banks |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 8.9568 |
| Price-to-Book MRQ: | 0 |
| Price-to-Sales TTM: | 1.8741 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 0 |