Southern BancShares (N.C.), Inc. (SBNC)

5,401.00 +0.99 (+0.02%) At close: 03:37PM EDT

Southern BancShares (N.C.), Inc.

116 East Main Street
PO Box 729
Mount Olive, NC 28365
United States
919 658 7022
https://www.southernbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Drew M. Covert	CEO & Chairman	N/A	N/A	1968
Mr. L. Taylor Harrell	President	N/A	N/A	1970
Mr. David L. Sauls Jr.	Executive VP & CFO	N/A	N/A	N/A
Mr. Edward I. Coltrain	Executive VP & COO	N/A	N/A	1977
Mr. Michael T. Bryant	Executive VP & Regional Executive	N/A	N/A	1965
Mr. Jerry C. Alexander	Executive VP & Regional Executive	N/A	N/A	1961
Ms. Sondra F. McCorquodale	Executive VP & Chief Digital Officer	N/A	N/A	N/A
Mr. Robert E. Wood	Executive VP & Chief Credit Officer	N/A	N/A	N/A
Mr. W. Trent Dudley	Executive Vice President of Regional Executive	N/A	N/A	N/A
Ms. Valerie W. Roberson	Senior VP & Human Resources Manager	N/A	N/A	N/A

Amounts are as of 31 December 2017, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Southern BancShares, (N.C.), Inc. operates as the bank holding company for Southern Bank and Trust Company that provides banking services to consumers and businesses in Eastern North Carolina and southeastern Virginia. It provides checking, savings, money market, demand, and time deposits, as well as certificates of deposit. The company also offers commercial loans, including construction and land development, agricultural, industrial, commercial mortgages, paycheck protection program, and other loans; and non-commercial loans, such as consumer, construction and land development, demand overdrafts, residential mortgage, and revolving mortgage. In addition, it provides debit and credit cards, safe deposits, cashier's checks, and money orders; and check cashing, wire transfers, and internet banking services. Further, the company offers investment services, including brokerage custodial, insurance, and other management services; and holds, manages, and sells real estate owned properties. Southern BancShares (N.C.), Inc. was founded in 1901 and is headquartered in Mount Olive, North Carolina.

Corporate governance

Southern BancShares (N.C.), Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.