Southern Bank&Trust Co
Mount Olive, North Carolina · FDIC Cert #15359
Southern Bank&Trust Co is an FDIC-insured bank (Certificate #15359) with $4.8B in total assets and $4.2B in total deposits as of the Q2 2024 Call Report. Headquartered in Mount Olive, North Carolina, the bank maintains a Tier 1 capital ratio of 12.49% (Well-Capitalized) and a nonperforming loan ratio of 0.21%. BankHealthData assigns a composite Health Grade of A (89/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Southern Bank&Trust Co (FDIC cert 15359) is a mid-sized bank with $4.8B in total assets and $4.2B in deposits, based in Mount Olive, North Carolina. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 12.49% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.21% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 29.2% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is solid: ROA of 1.36% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Southern Bank&Trust Co carries a composite BankHealth grade of A (89/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Southern Bank&Trust Co
- Total Assets
- $4.8B
- Total Deposits
- $4.2B
- Tier 1 Capital Ratio
- 12.49%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.21%
- Liquidity Ratio
- 29.17%
- Return on Assets
- 1.36%
- Headquarters
- Mount Olive, North Carolina
- FDIC Certificate
- #15359
- Health Grade
- A (89/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Southern Bank&Trust Co holds a Tier 1 capital ratio of 12.49%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Southern Bank&Trust Co has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Southern Bank&Trust Co shows strong financial health indicators. With $4.8B in assets and a Health Score of 89/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Southern Bank&Trust Co Compares
Southern Bank&Trust Co’s Health Score of 89 is 16 points above the North Carolina state average of 73 across 36 FDIC-insured banks. Its 12.49% Tier 1 capital ratio is 1.5 points below the US banking industry average near 14%. The 0.21% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.36% is in line with or above the national ROA benchmark of ~1.1%. Among 308 similarly-sized banks, the average Health Score is 74, meaning this bank ranks above its size cohort. Site-wide, Southern Bank&Trust Co is 19 points above the portfolio average of 70.
Frequently Asked Questions
Southern Bank&Trust Co has a Bank Health Score of A (89/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 12.49%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Southern Bank&Trust Co's Tier 1 capital ratio of 12.49% and nonperforming loan ratio of 0.21% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Southern Bank&Trust Co is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #15359). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Southern Bank&Trust Co holds $4.8B in total assets and $4.2B in total deposits. It is headquartered in Mount Olive, North Carolina (FDIC Certificate #15359).
Southern Bank&Trust Co has a Tier 1 capital ratio of 12.49%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.21%, and the return on assets is 1.36%.
Yes. Southern Bank&Trust Co is FDIC-insured (Certificate #15359). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Southern Bank&Trust Co's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.