The Southern Bank Company: how it compares with its peers
Against 35 AL banks with half to twice its assets, The Southern Bank Company's strongest measure in Q2 2026 is net interest margin (8.39% vs. a 3.79% peer median). Its weakest relative measure is assets per employee ($3.3M vs. $4.9M).
| Measure | The Southern Bank Company | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.32% | 1.05% | Top third Ahead of 69% of peers |
| Net interest margin Annualized net interest income over earning assets. | 8.39% | 3.79% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 72.15% | 69.88% | Middle third Ahead of 46% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.3M | $4.9M | Bottom third Ahead of 14% of peers |
| Loans to deposits Net loans and leases over total deposits. | 63.44% | 62.89% | Context |
What it means for lending operations
Its efficiency ratio of 72.15% is above the 69.88% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- First State Bank of the South, Inc. Sulligent, AL · $131M
- Merchants & Farmers Bank of Greene County, Alabama Eutaw, AL · $136M
- The Citizens Bank Greensboro, AL · $129M
- Brantley Bank and Trust Company Brantley, AL · $127M
- The Samson Banking Company, Inc. Samson, AL · $124M
- Bank of Moundville Moundville, AL · $145M
Questions about The Southern Bank Company
How big is The Southern Bank Company?
The Southern Bank Company, established in 1936, is headquartered in Gadsden, AL. It reported $133M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is The Southern Bank Company's return on assets?
1.32% annualized in Q2 2026, against a 1.05% median for 35 AL banks with half to twice its assets, ahead of 69% of them.
What is The Southern Bank Company's efficiency ratio?
72.15% in Q2 2026: it spent about 72 cents in noninterest expense for each dollar of revenue. The peer median is 69.88%, and lower is better.
Is The Southern Bank Company growing its loans?
Net loans grew 17.6% over the year to Q2 2026, while deposits grew 3.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are AL banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Alabama bank ranked.