The Southern Bank Company is a bank based in Gadsden, Alabama, established in 1936, with $128 million in total assets across 4 branches. By Trust Grade it ranks 19th of 93 banks we track in Alabama. Its capital ratio of 13.7% is stronger than 84% of similarly sized banks, versus a Alabama median of 10%. It was profitable over the most recent period, with a 1.13% return on assets. No consumer complaints against The Southern Bank Company appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Southern Bank Company compares to Alabama peers
How we graded The Southern Bank Company
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.7% capital ratio)
- Strongly profitable (ROA 1.13%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Southern Bank Company over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 625 E Main St, Albertville, AL 35950
- 2204 Henry St, Guntersville, AL 35976
- 390 W Main St, Centre, AL 35960
- 221 S 6th St, Gadsden, AL 35901
Are deposits at The Southern Bank Company insured?
Yes. The Southern Bank Company is an FDIC-insured bank (FDIC certificate #29731). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Southern Bank Company: frequently asked questions
Is The Southern Bank Company a good bank?
The Southern Bank Company earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.7% capital ratio); Strongly profitable (ROA 1.13%).
Is The Southern Bank Company FDIC-insured?
Yes. The Southern Bank Company is a FDIC-insured bank (FDIC certificate #29731). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Southern Bank Company?
The Southern Bank Company holds $128 million in total assets, ranking 19th of 93 banks we track in Alabama. It operates 4 branches.
Does The Southern Bank Company have CFPB complaints?
No CFPB complaints against The Southern Bank Company appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
