Gadsden, AL · Cert 29731 · Southern Banc Co. Inc. the
State charter, non-member · FDIC · 4 branches
Q2 2026
Market Position · Gadsden, AL · 2026 SOD (annual) · 3.7% share · #7 of 12 inst. · $0.1B of $1.5B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 1.28% | 0.75% | 0.45% | 0.60% | 1.15% | 1.13% | 1.52% | +107 bps | |
| Return on Equity | 4.86% | 9.88% | 6.06% | 3.56% | 4.63% | 8.80% | 8.37% | 11.22% | +765 bps | |
| Net Interest Margin | 7.42% | 7.41% | 6.96% | 6.96% | 7.01% | 7.15% | 7.37% | 8.64% | +168 bps | |
| Efficiency Ratio | 73.36% | 75.90% | 82.37% | 83.22% | 86.14% | 79.56% | 78.35% | 66.89% | -1,633 bps | |
| Non-Interest Burden | 5.31% | 5.50% | 5.66% | 5.71% | 5.98% | 5.60% | 5.69% | 5.67% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.86% | 6.81% | 19.33% | 9.94% | 12.16% | 10.02% | -0.02% | 6.46% | -348 bps | |
| Loan Growth (YoY) | 9.23% | 7.31% | 11.45% | -2.29% | -6.82% | -0.31% | -4.50% | 16.78% | +1,907 bps | |
| Deposit Growth (YoY) | 3.80% | 5.55% | 19.56% | 9.77% | 13.16% | 7.66% | -2.21% | 2.96% | -680 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.31% | 0.68% | 3.75% | 3.87% | 3.39% | 3.15% | 3.15% | 1.89% | -197 bps | |
| Net Charge-Offs / Loans | 0.34% | 0.02% | 0.28% | 0.03% | 5.48% | 0.24% | -1.07% | -0.36% | -39 bps | |
| Allowance / Loans | 2.44% | 2.61% | 2.66% | 3.17% | 2.01% | 1.88% | 2.29% | 2.52% | -65 bps | |
| Allowance Coverage of NPLs | 8.0x | 3.9x | 0.7x | 0.8x | 0.6x | 0.6x | 0.7x | 1.3x | +0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.39% | 15.27% | 14.58% | 14.26% | 14.62% | 14.48% | 14.96% | 15.05% | +79 bps | |
| Total Risk-Based Capital | 15.39% | 15.27% | 14.58% | 14.26% | 14.62% | 14.48% | 14.96% | 15.05% | +79 bps | |
| Equity / Assets | 13.27% | 12.68% | 12.25% | 12.93% | 12.96% | 13.28% | 13.65% | 13.42% | +49 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.37% | 61.76% | 57.69% | 57.38% | 54.65% | 57.19% | 56.34% | 65.08% | +770 bps | |
| Liquid Assets / Assets | 10.00% | 13.76% | 20.28% | 19.35% | 19.29% | 19.45% | 18.51% | 14.21% | -515 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 68.57% | 64.48% | 64.29% | n/a | n/a | |