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BankHealth

SOUTHPOINT BANK

BIRMINGHAM, ALABAMA · FDIC Cert #58088

C
Health Score
52/100
$1.7B
Total Assets
$1.5B
Total Deposits
8.95%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SOUTHPOINT BANK holds a Tier 1 capital ratio of 8.95%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUTHPOINT BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.18%
Nonperforming Loans
Moderate — some loan stress
8.16%
Liquidity Ratio
Low — potential liquidity stress
1.35%
Return on Assets
Profitable — earning well on assets
$1.5B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SOUTHPOINT BANK shows average financial health. While not alarming, its Health Score of 52/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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.

Frequently Asked Questions

SOUTHPOINT BANK has a Bank Health Score of C (52/100). It holds a Tier 1 capital ratio of 8.95%, 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.

SOUTHPOINT BANK holds $1.7B in total assets and $1.5B in total deposits. It is located in BIRMINGHAM, ALABAMA (FDIC Certificate #58088).

SOUTHPOINT BANK has a Tier 1 capital ratio of 8.95%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.18%, and the return on assets is 1.35%.

Yes. SOUTHPOINT BANK is FDIC-insured (Certificate #58088). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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