Southern BancShares (N.C.) Company Description
Southern BancShares, (N.C.), Inc. operates as the bank holding company for Southern Bank and Trust Company that provides banking services to consumers and businesses in Eastern North Carolina and southeastern Virginia.
The company provides checking, savings, money market, demand, and time deposits, as well as certificates of deposit.
It also offers commercial loans, including construction and land development, agricultural, industrial, commercial mortgages, paycheck protection program, and other loans; and non-commercial loans, such as consumer, construction and land development, demand overdrafts, residential mortgage, and revolving mortgage.
In addition, the company provides debit and credit cards, safe deposits, cashier’s checks, and money orders; and check cashing, wire transfers, and internet banking services.
Further, it offers investment services, including brokerage custodial, insurance, and other management services; and holds, manages, and sells real estate owned properties.
Southern BancShares (N.C.), Inc. was founded in 1901 and is headquartered in Mount Olive, North Carolina.
| Country | United States |
| Founded | 1901 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 423 |
| CEO | Drew Covert |
Contact Details
Address: 116 East Main Street Mount Olive, Delaware 28365 United States | |
| Phone | 919 658 7000 |
| Website | southernbank.com |
Stock Details
| Ticker Symbol | SBNC |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US8422431077 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Drew M. Covert | Chief Executive Officer and Chairman |
| L. Taylor Harrell | President |
| David L. Sauls Jr. | Executive Vice President, Chief Financial Officer and Corporate Secretary |
| Edward I. Coltrain | Executive Vice President and Chief Operating Officer |
| Valerie W. Roberson | Senior Vice President and Human Resources Manager |
| Michael T. Bryant | Executive Vice President and Regional Executive |
| Jerry C. Alexander | Executive Vice President and Regional Executive |
| Sondra F. McCorquodale | Executive Vice President and Chief Digital Officer |
| Robert E. Wood | Executive Vice President and Chief Credit Officer |
| W. Trent Dudley | Executive Vice President of Regional Executive |