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

13,250.01 -249.99 (-1.85%)
As of October 30 at 3:41:57 PM EDT. Market Open.
Dividend
SBNC announced a cash dividend of $6.25 with an ex-date of Dec. 1, 2026

Key Executives

Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
Name Title Pay Exercised Year Born
Mr. Drew M. Covert
CEO & Chairman -- -- 1968
Mr. L. Taylor Harrell III
President -- -- 1970
Mr. David L. Sauls Jr.
Executive VP, CFO & Corporate Secretary -- -- --
Mr. Edward I. Coltrain
Executive VP & COO -- -- 1977
Ms. Valerie W. Roberson
Senior VP & Human Resources Manager -- -- --
Mr. Michael T. Bryant
Executive VP & Regional Executive -- -- 1964
Mr. Jerry C. Alexander
Executive VP & Regional Executive -- -- 1960
Ms. Sondra F. McCorquodale
Executive VP & Chief Digital Officer -- -- --
Mr. Robert E. Wood
Executive VP & Chief Credit Officer -- -- --
Mr. W. Trent Dudley
Executive Vice President of Regional Executive -- -- --

Southern BancShares (N.C.), Inc.

116 East Main Street
PO Box 729
Mount Olive, NC 28365
United States
919 658 7000 https://www.southernbank.com
Sector: 
Financial Services
Industry: 
Banks - Regional

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. The company provides checking, savings, money market, demand, and time deposits, as well as certificates of deposit. It 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, and residential and revolving mortgages. In addition, the company provides debit and credit cards, safe deposits, cashier's checks, and money orders; and check cashing, wire transfers, and internet banking services. Further, it offers wealth management services, including custodial brokerage, 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 a 10 indicates higher governance risk.

Upcoming Events

December 1, 2026 at 12:00 AM UTC

Ex-Dividend Date

Recent Events

September 15, 2026 at 12:00 AM UTC

Dividend Date

August 9, 2023 at 12:00 AM UTC

SC 13D/A: Tender Offer/Acquisition Reports

May 12, 2022 at 12:00 AM UTC

SC 13D: Tender Offer/Acquisition Reports

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