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Southern Banc Company Inc
221 S 6th St
Phone: (256) 543-3860p:256 543-3860 GADSDEN, AL  35901-4102  United States Ticker: SRNNSRNN
This company ceased filing statements with the SEC on 11/9/2006.
Business Summary
The Southern Banc Company, Inc. is a holding company for The Southern Bank Company (the Bank). The Bank is primarily engaged in the business of obtaining funds in the form of various deposit products and investing those funds in mortgage loans or single-family real estate, commercial and consumer loans. The Bank operates from its four offices in the northeast portion of Alabama and originates the majority of its loans in this market area. The Bank also operates a division that conducts accounts receivable management (factoring) of commercial accounts. The Bank offers a range of accounts and services, including checking accounts, home mortgages, home equity loans, auto loans and personal loans. The Bank works with small and medium-sized business customers to offer practical solutions for deposit and borrowing needs. Its business banking services include real estate lending, equipment financing, cash flow management and business checking.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
---Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023YesYes---

Industries
SIC Code Description
6035 Savings institutions, federally chartered
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer GatesLittle 43 4/1/2001 1/1/1994
Vice President, Director James B.Little 81 4/1/2001 1/1/1957
Director Craig G.Cantrell 82 1/1/1961 1/1/1961
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
SOUTHERN BANK CO 221 S SIXTH ST GADSDEN AL US

Business Names
Business Name
First Service Corporation
SRNN
The Southern Bank Company

General Information
Number of Employees: 31 (As of 6/30/2006)
Outstanding Shares: 806,086 (As of 12/31/2023)
Shareholders: 124
Stock Exchange: OTC
Federal Tax Id: 631146351
Fax Number: (302) 655-5049


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Friday, April 19, 2024