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BankSonar

Southern Bank

Spartanburg, SC · State, non-member commercial bank

37

Sonar Score

Caution

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$400.2M
Total deposits
$346.9M
Branches
8
Return on assets
0.09%
Return on equity
1.14%
Charter type
State, non-member commercial bank
Established
1945
FDIC cert #
16288

How the 37 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Thin profitability.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Southern Bank

Southern Bank is an FDIC-insured institution (Cert #16288). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

8 branch locations

468 E Main St

Spartanburg, SC 29302

2455 Ga Highway 88

Hephzibah, GA 30815

855 N Liberty St

Waynesboro, GA 30830

21 College St

Gibson, GA 30810

101 Cleveland St

Greenville, SC 29601

108 Barnwell Avenue Nw

Aiken, SC 29801

1312 Professional Dr

Myrtle Beach, SC 29577

731 Charles Perry Ave

Sardis, GA 30456

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