Vitals
  • Total Assets
    137.7M
  • Total Deposits
    124.6M
  • Total Net Loans
    115.3M
  • Net Income
    495000.0000
  • Book Value
    11.1M
  • Book Value x2
    22.1M
  • Book Value x3
    33.2M
ROAA

.815

ROAE

9.17

Efficiency Ratio

57.054

Net Interest Margin

4.15

Balance Sheet Highlights
Financial Highlights Southern Community Bank, Atlantic All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 137,675 193,657
Total Net Loans 115,280 123,397
Total Deposits 124,572 159,435
Total Equity 11,064 17,344
Profitability
Net Income 495 1,869
Return on Average Assets .815 1.035
Return on Average Equity 9.17 11.379
Net Interest Margin 4.15 4.045
Efficiency Ratio 57.054 72.602
Noninterest Income/Revenue 6.838 14.245
Balance Sheet Ratios
Loan-to-Deposit 92.541 77.024
Securities/Assets .07 .426
Total Equity/Total Assets .08 .09
Tangible Equity/Tangible Assets .073 -.092
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 10,028 16,116
Tier 2 Capital 1,290 1,524
Total Capital 11,318 17,673
Total Risk Weighted Assets 132,818 134,998
Leverage Ratio 7.79 9.179
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 7.55 13.156
Total Capital Ratio 8.52 14.286

Timeline for Southern Community Bank, Atlantic

Trustmark National Bank

Southern Community Bank, Atlantic was acquired by Trustmark National Bank 20 years

View Profile Aug 23 2003

Southern Community Bancorp

Southern Community Bancorp became a new parent organization for Southern Community Bank, Atlantic.

View Profile May 01 2001

Peninsula Bancorp, Inc.

Peninsula Bancorp, Inc. became a new parent organization for Southern Community Bank, Atlantic.

View Profile Jan 03 2000

Southern Community Bank, Atlantic

Southern Community Bank, Atlantic was established 25 years ago and is currently headquartered in Destin, FL.

Oct 09 1998
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Trustmark National Bank Buyer 13,160,266 Acquisition Discontinued 8/23/2003
Relationships Role Relationship Start Relationship End
Southern Community Bancorp Parent 5/1/2001 8/22/2003
Peninsula Bancorp, Inc. Parent 1/3/2000 4/30/2001
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