Southern Bank and Trust Company is headquartered in Mount Olive, North Carolina. It is a state-chartered bank that is not a member of the Federal Reserve System, established 01/01/1901 and insured by the FDIC since 03/02/1936. At the 06/30/2026 reporting date it held $5.3 billion in assets and $4.8 billion in deposits across 57 offices.
Size
By total assets it ranks #279 of 4,213 active FDIC-insured banks in the United States. Among the 38 FDIC-insured banks headquartered in North Carolina it ranks #6.
Capital and earnings
| Equity capital | $434 million (8.2% of assets) |
|---|---|
| Net income, year to date | $37 million through 06/30/2026 |
| Return on assets (annualized) | 1.40% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Southern Bank and Trust Company holds FDIC certificate number 15359. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in North Carolina
- Bank of America, National Association, $2.65 trillion in assets
- Truist Bank, $548 billion in assets
- First-Citizens Bank & Trust Company, $236 billion in assets
- Live Oak Banking Company, $16.0 billion in assets
- First Bank, $13.0 billion in assets
- The Fidelity Bank, $4.7 billion in assets
Banks of a similar size
- Celtic Bank, #277, $5.3 billion in assets
- InterBank, #278, $5.3 billion in assets
- Leader Bank, National Association, #280, $5.3 billion in assets
- Alerus Financial, National Association, #281, $5.3 billion in assets
Related
- Credit unions in North Carolina
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- North Carolina property tax, home prices and banks
- All large US banks
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. southernbank.com