Vitals
  • Total Assets
    1.4B -10.1 %
  • Total Deposits
    1.1B -11.5 %
  • Total Net Loans
    839.2M -13.1 %
  • Net Income
    13.5M 226.9 %
  • Book Value
    149.7M 8.1 %
  • Book Value x2
    299.4M 8.1 %
  • Book Value x3
    449.0M 8.1 %
ROAA

1.237

ROAE

12.552

Efficiency Ratio

78.979

Net Interest Margin

3.366

Balance Sheet Highlights
Financial Highlights Southern Community Bank And Trust All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 1,387,119 636,186
Total Net Loans 839,222 405,114
Total Deposits 1,093,350 535,540
Total Equity 149,678 64,697
Profitability
Net Income 13,473 2,241
Return on Average Assets 1.237 .349
Return on Average Equity 12.552 1.696
Net Interest Margin 3.366 3.668
Efficiency Ratio 78.979 79.948
Noninterest Income/Revenue 12.068 15.352
Balance Sheet Ratios
Loan-to-Deposit 76.757 77.125
Securities/Assets .132 .177
Total Equity/Total Assets .108 .102
Tangible Equity/Tangible Assets .108 .095
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 151,233 58,153
Tier 2 Capital 12,255 6,209
Total Capital 163,488 64,338
Total Risk Weighted Assets 973,590 433,698
Leverage Ratio 10.78 9.509
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 15.53 13.553
Total Capital Ratio 16.79 14.956

Timeline for Southern Community Bank And Trust

Capital Bank Corporation

Southern Community Bank And Trust was acquired by Capital Bank Corporation 11 years

View Profile Oct 12 2012

The Community Bank

Acquisition: Southern Community Bank And Trust acquired a new subsidiary, The Community Bank, 19 years

View Profile Oct 18 2004

Southern Credit Services, Inc.

Acquisition: Southern Community Bank And Trust acquired a new subsidiary, Southern Credit Services, Inc. , 21 years

View Profile Oct 17 2002

Southern Investment Services, Inc.

Acquisition: Southern Community Bank And Trust acquired a new subsidiary, Southern Investment Services, Inc. , 22 years

View Profile Apr 25 2002

Southern Community Financial Corporation

Southern Community Financial Corporation became a new parent organization for Southern Community Bank And Trust.

View Profile Oct 01 2001

Want to see more?

Complete timeline for Southern Community Bank And Trust is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Capital Bank Corporation Buyer 7,789,968 Acquisition Discontinued 10/12/2012
The Community Bank Seller 313,123 Pooling of Interests Discontinued 10/18/2004
Southern Credit Services, Inc. Seller Pooling of Interests Discontinued 10/17/2002
Southern Investment Services, Inc. Seller Pooling of Interests Discontinued 4/25/2002
Relationships Role Relationship Start Relationship End
Southern Community Financial Corporation Parent 10/1/2001 10/11/2012
Vcs Management, Llc Subsidary 7/30/1999 10/11/2012
Southeastern Acceptance Corporation Subsidary 11/18/2000 12/30/2003
Southern Credit Services, Inc. Subsidary 7/23/1997 10/16/2002
Southern Investment Services, Inc. Subsidary 1/7/1997 4/24/2002
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