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2016 was a milestone year in Southern Bancorp’s history. From launching our three audacious goals, which will guide our work for the next ten years, to repurchasing $33.8 million dollars in Community Development Capital Initiative (CDCI) debt, originally acquired in 2009 as part of the Troubled Asset Relief Program, to expanding our footprint both physically and digitally, our work over the past year has laid the groundwork for an unprecedented era in the life of our organization.
What’s Inside:
  • Message from the CEO
  • The Importance of Capital
  • A Message from the CEO
  • Creating Economic Opportunity—A Ten Year Plan
  • Housing
  • Jobs
  • Savings
  • Margin + Mission
  • Financials
  • Governing Board