SBNCSouthern Bancshares (N.C.), Inc.

About Southern Bancshares (N.C.), Inc. (SBNC)

Southern Bancshares (N.C.), Inc. (SBNC) is a Banks - Regional company headquartered in Mount Olive, NC, United States whose shares trade over-the-counter on the Pink tier.

Holding Company for Southern Bank and Trust Company

Products and services

Southern provides financial services and products to commercial and consumer customers in eastern North Carolina and southeastern Virginia. These products and services include commercial and consumer loans, 1 to 4 family mortgage products, commercial and consumer deposit products, as well as treasury, merchant, and investment products.

SBNC key facts

Ticker symbol

SBNC

Market tier

Pink

Sector

Financial Services

Industry

Banks - Regional

Headquarters

Mount Olive, NC, United States

Country of incorporation

US

Year of incorporation

1986

Employees

607

Estimated market cap

$620.50M (as of Apr 16, 2025)

Shares outstanding

75,671

Reporting standard

U.S. Reporting: Bank/Thrift

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Southern Bancshares (N.C.), Inc. leadership

• Drew M. Covert — CEO
• Taylor L. Harrell — President
• Edward I. Coltrain — COO
• David L. Sauls, Jr — CFO, Corporate Secretary, EVP
• Jerry C. Alexander — EVP
• Michael T. Bryant — EVP
• Sondra F. McCorquoda — EVP
• W. Trent Dudley — EVP

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