Southern Bank
Spartanburg, SC · Cert 16288 · Peer group: banks under $1B in assets operating regionally (n=94) · Southern Financial Corp.
State charter, non-member · FDIC · 8 branches
Q2 2026
$407.9MAssets
$265.1MLoans
$358.4MDeposits
$32.1MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 66% of banks under $1B in assets operating regionally (rank 33 of 94).
- Widest gap: total risk-based capital ratio trails 99% of banks under $1B in assets operating regionally (rank 93 of 94).
- Overall: at or above the peer median on 2 of 9 directional measures.
Return on Assets
0.10%
Rank 91 of 94
Net Interest Margin
2.91%
Rank 88 of 94
Efficiency Ratio
91.64%
Rank 88 of 94
Equity / Assets
7.88%
Rank 83 of 94
Non-interest income vs. expense
Unfavorable gap of $10.8M · efficiency ratio beats 7% of banks under $1B in assets operating regionally | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.10% | 0.82% | 1.19% | 1.46% | Beats 3% | 91 / 94 | |
| Return on Equity | 1.28% | 7.85% | 11.84% | 14.03% | Beats 3% | 91 / 94 | |
| Net Interest Margin | 2.91% | 3.42% | 3.81% | 4.18% | Beats 6% | 88 / 94 | |
| Efficiency Ratio | 91.64% | 55.99% | 62.41% | 73.02% | Beats 7% | 88 / 94 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.28% | 0.19% | 0.47% | 1.14% | Beats 66% | 33 / 94 | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.02% | 0.05% | Beats 56% | 42 / 94 | |
| Capital |
| Tier 1 Capital Ratio | 8.18% | 10.28% | 11.95% | 15.07% | Beats 1% | 93 / 94 | |
| Total Risk-Based Capital Ratio | 8.18% | 10.31% | 12.59% | 15.88% | Beats 1% | 93 / 94 | |
| Equity / Assets | 7.88% | 8.98% | 10.21% | 11.41% | Beats 12% | 83 / 94 | |
| Liquidity & Funding |
| Loans / Deposits | 73.97% | 72.62% | 84.44% | 94.55% | 26th pctl | 70 / 94 | |
| Loans / Assets | 64.99% | 62.50% | 72.84% | 78.99% | 29th pctl | 67 / 94 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |