Southern Bancorp Bank in Arkadelphia, Arkansas (AR), MS
Overview, Financial Summary, Detailed Financial Reports, Branches

Southern Bancorp Bank - Overview

  • General
  • FDIC Certificate #: 1528
    Status: Active
    Federal Reserve ID: 852544
    Bank Holding Company (Regulatory Top Holder): Southern Bancorp, Inc (RSSDID: 1248939, Location: Arkadelphia, AR)
    Date Established: March 01, 1884
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 40 (Domestic: 40, Interstate: Yes)
    OTS Docket #: 12867
    FDIC's unique #: 1008
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 17, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 601 Main Street, Arkadelphia, AR 71923
    County: Clark
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Arkadelphia, AR (#11660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $1,146.8 mil
    Equity capital: $120.2 mil
    Deposits held in domestic offices: $966.8 mil
    Return on assets (ROA): 0.81% ($9.3 mil)
    Quarterly return on assets: 0.63% ($7.2 mil)
    Return on Equity (ROE): 7.79% ($9.3 mil)
    Quarterly return on equity: 5.93% ($7.1 mil)
    Net income: $9.1 mil
    Quarterly Net income: $1.8 mil
    Pretax return on assets: 1.05% ($12,041.1 mil)
    Quarterly Pretax return on assets: 0.77% ($8,830.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 324Total employees (full-time equivalent)
  • $1,146,771Total assets
  • $118,017Cash and due from depository institutions
  • $96,347Interest-bearing balances
  • $297,089Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $604,370Net loans & leases
  • $7,713Loan loss allowance
  • $0Trading account assets
  • $50,044Bank premises and fixed assets
  • $6,928Other real estate owned
  • $36,753Goodwill and other intangibles
  • $1,146,771Life insurance assets
  • $33,570All other assets
  • $1,026,556Total liabilities and capital
  • $966,778Total liabilities
  • $806,256Total deposits
  • $966,778Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 30595.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,561Trading liabilities
  • $0Other borrowed funds
  • $8,622Subordinated debt
  • $120,215All other liabilities
  • $120,215Total equity capital
  • $120,215Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $90,523Surplus
  • $29,692Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,745Income earned, not collected on loans
  • $497Earning assets
  • $6,125Long-term assets (5+ years)
  • $997,806Average Assets, year-to-date
  • $234,902Average Assets, quarterly
  • $1,113,014Volatile liabilities
  • $1,139,842Insider loans
  • $660,705FHLB advances
  • $1,097,666Loans and leases held for sale
  • $18,425Unused loan commitments
  • $15,550Tier 1 (core) risk-based capital
  • $78,727Tier 2 risk-based capital
  • $2,875Total risk weighted assets
  • $0Total unused commitments
  • $70,551Restructured Loans and leases
  • $3,390Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $48,794Total interest income
  • $9,023Total interest expense
  • $39,771Net interest income
  • $3,896Provision for loan and lease losses
  • $8,893Total noninterest income
  • $73Fiduciary activities
  • $4,516Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,304Additional noninterest income
  • $32,979Total noninterest expense
  • $18,057Salaries and employee benefits
  • $4,566Premises and equipment expense
  • $10,356Additional noninterest expense
  • $11,789Pre-tax net operating income
  • -$63Securities gains (losses)
  • $2,657Applicable income taxes
  • $9,069Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,069Net income attributable to bank
  • $0Net charge-offs
  • $9,069Cash dividends
  • $2,470Sale, conversion, retirement of capital stock, net
  • $4,350Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 3.42%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 7.79%Return on equity (ROE)
  • 4.05%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 157.73%Credit loss provision to net charge-offs
  • 6.35%Efficiency ratio
  • 67,769Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.97%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 79.15%Noncurrent assets plus other real estate owned to assets
  • 1.45%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 62.51%Net loans and leases to core deposits
  • 71.48%Equity capital to assets
  • 10.48%Core capital (leverage) ratio
  • 7.17%Tier 1 risk-based capital ratio
  • 11.92%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,113,014Average earning assets
  • $116,429Average equity
  • $963,823Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $13,137Managed Assets
  • 1Number of Accounts
  • $10,577Personal trust and agency accounts
  • $10,577Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 56Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,560Other retirement accounts
  • $2,181Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $378Fiduciary accounts held in foreign offices

List of branches

  • 24 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01008Southern Bancorp Bank601 Main Street, Arkadelphia, AR 71923March 01, 1884Full Service Brick and Mortar
    1189674West Pine Branch2500 Pine St, Arkadelphia, AR 71923September 14, 1967Full Service Brick and Mortar
    3189676Bismarck BranchHighway 7 And Highway 84, Bismarck, AR 71929September 14, 1995Full Service Brick and Mortar
    6288182Ash Street Branch208 Ash Street, Malvern, AR 72104December 05, 1986Full Service Brick and Mortar
    7446114Hot Springs Branch3832-A Central Avenue, Hot Springs, AR 71913July 01, 2005Full Service Brick and Mortar
    8294978Timberland Branch2421 North West Avenue, El Dorado, AR 71730August 25, 2000Full Service Brick and Mortar
    9451144El Dorado Branch1615 West Hillsboro, El Dorado, AR 71730August 27, 2004Full Service Brick and Mortar
    10451145North Jefferson Branch119 North Jefferson, El Dorado, AR 71730December 09, 2004Full Service Brick and Mortar
    112525Plaza Branch425 East Plaza Street, West Helena, AR 72390January 01, 1931Full Service Brick and Mortar
    12202064Round Branch432 N Sebastian, West Helena, AR 72390December 08, 1988Full Service Brick and Mortar
    1310805Main Street Branch128 Main Street, Elaine, AR 72333January 05, 1948Full Service Brick and Mortar
    14238735Marvell Branch911 Highway 49, Marvell, AR 72366June 07, 1991Full Service Brick and Mortar
    15238733Barton Branch6140 Hwy 49, Barton, AR 72312September 28, 1972Full Service Brick and Mortar
    16419955Cherry Street Branch502 Cherry Street, Helena, AR 72342July 10, 2003Full Service Brick and Mortar
    31508885Trumann Branch326 Highway 463 North, Trumann, AR 72472May 17, 2010Full Service Brick and Mortar
    329825Blytheville Branch120 South Second Street, Blytheville, AR 72315August 10, 1937Full Service Brick and Mortar
    33234469North Branch807 North 6th Street, Blytheville, AR 72315June 01, 1967Limited Service Facility
    34234470South Branch1012 South Division Street, Blytheville, AR 72315December 02, 1968Limited Service Facility
    35234471East Branch1040 East Main Street, Blytheville, AR 72315May 01, 1975Limited Service Facility
    36234472Gosnell Branch599 Airbase Highway, Blytheville, AR 72315December 15, 1998Limited Service Facility
    37357108Walmart Branch3700 E. State Highway 18, Blytheville, AR 72315June 30, 2000Limited Service Facility
    3810814Manila Branch319 North Baltimore, Manila, AR 72442Febuary 09, 1934Full Service Brick and Mortar
    39238565Manila Branch403 Highway 18 South, Manila, AR 72442Febuary 05, 1992Limited Service Facility
    40515139Airport Rd Branch206 Airport Rd, Hot Springs, AR 71913October 15, 2010Full Service Brick and Mortar
  • 16 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    17264Ruleville Branch117 West Floyce Street, Ruleville, MS 38771November 01, 1902Full Service Brick and Mortar
    1846178Drew Branch108 North Main Street, Drew, MS 38737July 02, 1990Full Service Brick and Mortar
    19218135Friars Point Branch574 Second Street, Friars Point, MS 38631September 01, 1954Full Service Brick and Mortar
    20218137Lambert Branch815 Darby Avenue, Lambert, MS 38643January 02, 1968Full Service Brick and Mortar
    21218138Sledge Branch104 Main Street, Sledge, MS 38670October 03, 1949Full Service Brick and Mortar
    22218139Lula BranchFront Street, Lula, MS 38644April 30, 1968Full Service Brick and Mortar
    23227170Shelby Branch905 North Broadway, Shelby, MS 38774Febuary 02, 1934Full Service Brick and Mortar
    24219104Greenville Branch215 South Broadway, Greenville, MS 38701August 01, 1995Full Service Brick and Mortar
    255667Webb, Mississippi Branch2058 Hgy 49 E, Webb, MS 38966August 26, 1902Full Service Brick and Mortar
    26359375Clarksdale Branch875 South State Street, Clarksdale, MS 38614January 15, 2001Full Service Brick and Mortar
    27365497Martin Luther King Branch1868 Martin Luther King Jr., Boulevard South, Greenville, MS 38701August 12, 2002Full Service Brick and Mortar
    28450431Indianola Branch504 Highway 82 East, Indianola, MS 38751April 05, 2006Full Service Brick and Mortar
    29468641Picayune Branch6351 Highway 11 North, Picayune, MS 39466October 10, 2007Full Service Brick and Mortar
    30478861Leland Branch323 Hwy 82 East, Leland, MS 38756May 06, 2008Full Service Brick and Mortar
    41518623Madison Branch1888 Main Street Crossing, Suite D, Madison, MS 39110April 05, 2011Full Service Brick and Mortar
    42520021Hernando Branch970 Byhalia Road, Hernando, MS 38632May 16, 2011Full Service Brick and Mortar

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