SouthPoint Bank: how it compares with its peers
Against 17 AL banks with half to twice its assets, SouthPoint Bank's strongest measure in Q2 2026 is assets per employee ($10.5M vs. a $7.5M peer median). Its weakest relative measure is return on assets (-1.71% vs. 1.31%).
| Measure | SouthPoint Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -1.71% | 1.31% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.26% | 3.73% | Bottom third Ahead of 6% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.28% | 58.60% | Bottom third Ahead of 29% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.5M | $7.5M | Top third Ahead of 88% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.03% | 70.84% | Context |
What it means for lending operations
Its efficiency ratio of 65.28% is above the 58.60% 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 Bank of Alabama Talladega, AL · $1.36B
- Peoples Bank of Alabama Cullman, AL · $1.42B
- United Bank Atmore, AL · $1.48B
- Citizens Bank & Trust Guntersville, AL · $1.20B
- Metro Bank Pell City, AL · $1.18B
- First US Bank Birmingham, AL · $1.15B
Questions about SouthPoint Bank
How big is SouthPoint Bank?
SouthPoint Bank, established in 2005, is headquartered in Birmingham, AL. It reported $1.36B in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is SouthPoint Bank's return on assets?
-1.71% annualized in Q2 2026, against a 1.31% median for 17 AL banks with half to twice its assets, ahead of 0% of them.
What is SouthPoint Bank's efficiency ratio?
65.28% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 58.60%, and lower is better.
Is SouthPoint Bank growing its loans?
Net loans shrank 27.4% over the year to Q2 2026, while deposits shrank 18.8%.
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.