Southern Bank and Trust Company

Mount Olive, NC
IDRSSD: 717924
Total Assets
$5.20B
Latest filing
Total Deposits
$4.69B
Latest filing
Net Interest Margin
3.57%
Profitability

Key People

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Locations

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Main Office
Southern Bank and Trust Company
100 N Center St
Mount Olive, NC 28365
Limited Service - Administrative
Updated 01/30/2026Established 01/01/1901FDIC Certificate 9687

Branches (55)

Page 1 of 8
NameAddressCity / State
Southern Bank and Trust Company (Main)100 N Center StMount Olive, NC
NORFOLK BRANCH403 Boush StNorfolk, VA
GARLAND BRANCH83 S Bladen AveGarland, NC
SALEMBURG BRANCH102 North Main StreetSalemburg, NC
SCOTLAND NECK BRANCH810 Main StScotland Neck, NC
KENLY BRANCH101 W 2nd StKenly, NC
MIDDLESEX BRANCH11438 E Finch AveMiddlesex, NC
FREMONT BRANCH100 Wilson StreetFremont, NC
Showing 7 of 55

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1901
Community BankNo
Ownership TypeNot Mutual
ZIP28365
State and County Number37191
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameGoldsboro, NC

Operational Info

Number of Employees584
Domestic Offices56
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance03/02/1936
Primary Insurance AgencyDIF
Websitewww.southernbank.com
Data Updated01/30/2026
CERT15359
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$5.20B
Total Deposits$4.69B
Total Liabilities$4.77B
Total Equity Capital$424.42M
Net Income$27.23M
Net Loans and Leases$3.39B
Assets Per Employee ($Millions)$8.68M
Bank Premises and Fixed Assets$59.20M
Cash and Balances due from Depository Institutions$278.00M
Deposits Held in Domestic Offices$4.69B

Key Performance Ratios

Return on Assets (ROA)2.1%
Return on Equity (ROE)25.82%
Net Interest Margin3.57%
Efficiency Ratio52.22%
Tier 1 Risk-Based Capital Ratio12.93%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.13%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.164%
Earning Assets to total Assets94.93%

Income and Expense

Total Interest Income$57.54M
Total Noninterest Income$7.36M
Total Interest Expense$13.82M
Total Noninterest Expense$26.68M
Net Interest Income$43.73M
Pre-tax Net Operating Income$22.73M
Provision for Credit Losses$1.68M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$30.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$24.25M
All Other Liabilities$25.52M
Total Liabilities and Capital$5.20B

Securities

Securities$1.33B
Available-for-sale debt securities$1.25B
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Southern Bank and Trust Company?
$5.20B as of the latest filing.
How much are Southern Bank and Trust Company's total deposits?
$4.69B in total deposits.
Where is Southern Bank and Trust Company located?
Mount Olive, NC.
What is the Net Interest Margin?
3.57%.
How many domestic offices does it operate?
56.
When was it established?
01/01/1901.
What is the Return on Assets (ROA)?
2.1%.
How much are total loans and leases?
$3.39B (latest filing).
What is the total interest income (latest filing)?
$57.54M.