Southern Bank and Trust Company
Headquartered in Mount Olive, NC. Part of Southern Bancshares (N.C.), Inc. FDIC certificate #15359 · Federal Reserve RSSD 717924.
Total assets
$5.3B
Deposits
$4.8B
Q1 2026
Active branches
57
Closings since Jan 2020
12
6 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$12M
Return on assets
0.89%
Return on equity
10.90%
Noncurrent loan rate
0.12%
Deposits by year (Summary of Deposits)
22019
32020
42021
42022
42023
42024
42025
Values in $ billions, June 30 of each year.
Closings by year
42020
22022
22023
12024
32025
Openings by year
12020
12023
22024
12025
12026
Other network changes since 2020
- 2 branch relocations
Branches by state
Recent closings
- Southern Bank and Trust Company — Deep Run, NCbank exits cityno other active branch recorded in city1916 TULLS MILL RD · closed June 30, 2025
- 298 N 5TH ST · closed April 18, 2025
- Southern Bank and Trust Company — Bailey, NCbank exits city6174 E MAIN ST · closed April 18, 2025
- 1870 KEMPSVILLE RD · closed September 27, 2024
- 1217 CEDAR RD · closed October 27, 2023
- 107 S FAIRVIEW RD · closed October 27, 2023
- Southern Bank and Trust Company — Sharpsburg, NCbank exits cityno other active branch recorded in city3920 SOUTH HATHAWAY BLVD. · closed November 18, 2022
- Southern Bank and Trust Company — Lewiston, NCbank exits cityno other active branch recorded in city127 MAIN STREET · closed November 18, 2022
- 7458 MAIN STREET · closed December 11, 2020
- 110 WEST CENTER STREET · closed December 11, 2020
- Southern Bank and Trust Company — Red Oak, NCbank exits city8315 RED OAK BOULEVARD · closed December 11, 2020
- 101 EAST EHRINGHAUS STREET · closed June 29, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.southernbank.com.