Southern Commercial Bank in Saint Louis, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Southern Commercial Bank in Saint Louis, Missouri (MO)
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Southern Commercial Bank routing number info

Southern Commercial Bank - Overview

  • General
  • FDIC Certificate #: 1080
    Status: Active
    Federal Reserve ID: 420457
    Bank Holding Company (Regulatory Top Holder): Southern Bancshares Corp. (RSSDID: 1099074, Location: Saint Louis, MO)
    Date Established: June 12, 1891
    WWW: http://www.southerncommercialstl.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 14528
    FDIC's unique #: 727
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 14, 2010
    Last Structure Change Process Date: July 14, 2010
    Last Data Update: July 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 4435 Meramec Bottom Road, Saint Louis, MO 63129
    County: St. Louis
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: St. Louis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $528.0 mil
    Equity capital: $49.8 mil
    Deposits held in domestic offices: $457.6 mil
    Return on assets (ROA): -0.15% (-$0.8 mil)
    Quarterly return on assets: -0.05% (-$0.3 mil)
    Return on Equity (ROE): -1.54% (-$0.8 mil)
    Quarterly return on equity: -0.54% (-$0.3 mil)
    Net income: -$0.8 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.33% (-$1,742.4 mil)
    Quarterly Pretax return on assets: -0.19% (-$1,003.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 133Total employees (full-time equivalent)
  • $527,985Total assets
  • $13,447Cash and due from depository institutions
  • $4,621Interest-bearing balances
  • $170,538Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $316,833Net loans & leases
  • $9,821Loan loss allowance
  • $0Trading account assets
  • $10,087Bank premises and fixed assets
  • $5,062Other real estate owned
  • $210Goodwill and other intangibles
  • $527,985Life insurance assets
  • $11,708All other assets
  • $478,196Total liabilities and capital
  • $457,552Total liabilities
  • $381,001Total deposits
  • $457,552Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 13806.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $838Subordinated debt
  • $49,789All other liabilities
  • $49,789Total equity capital
  • $49,789Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $1,000Surplus
  • $48,189Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,125Income earned, not collected on loans
  • $0Earning assets
  • $2,513Long-term assets (5+ years)
  • $492,092Average Assets, year-to-date
  • $119,919Average Assets, quarterly
  • $525,390Volatile liabilities
  • $530,604Insider loans
  • $372,861FHLB advances
  • $532,686Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $47,917Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $53,179Restructured Loans and leases
  • $107Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,019Total interest income
  • $4,474Total interest expense
  • $19,545Net interest income
  • $8,300Provision for loan and lease losses
  • $215Total noninterest income
  • $17Fiduciary activities
  • $1,048Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$850Additional noninterest income
  • $13,401Total noninterest expense
  • $7,785Salaries and employee benefits
  • $1,790Premises and equipment expense
  • $3,826Additional noninterest expense
  • -$1,941Pre-tax net operating income
  • $204Securities gains (losses)
  • -$969Applicable income taxes
  • -$768Income before extraordinary items
  • $0Extraordinary gains - net
  • -$768Net income attributable to bank
  • $0Net charge-offs
  • -$768Cash dividends
  • $7,214Sale, conversion, retirement of capital stock, net
  • $120Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 3.98%Net interest margin
  • 0.04%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • -0.17%Net operating income to assets
  • -0.15%Return on assets (ROA)
  • -0.33%Pretax return on assets
  • -1.54%Return on equity (ROE)
  • -1.79%Retained earnings to average equity (YTD only)
  • 2.12%Net charge-offs to loans
  • 115.05%Credit loss provision to net charge-offs
  • 0.88%Efficiency ratio
  • 67,819Assets per employee
  • 3.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -15.63%Loss allowance to loans
  • 3.01%Loss allowance to noncurrent loans
  • 69.53%Noncurrent assets plus other real estate owned to assets
  • 3.63%Noncurrent loans to loans
  • 4.32%Net loans and leases to deposits
  • 69.25%Net loans and leases to core deposits
  • 72.05%Equity capital to assets
  • 9.43%Core capital (leverage) ratio
  • 9.00%Tier 1 risk-based capital ratio
  • 12.85%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $525,390Average earning assets
  • $49,727Average equity
  • $491,152Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $5,060Managed Assets
  • 1Number of Accounts
  • $5,060Personal trust and agency accounts
  • $5,060Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 10 Missouri Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0727Southern Commercial Bank4435 Meramec Bottom Road, Saint Louis, MO 63129June 12, 1891Full Service Brick and Mortar
    1187861South Broadway Branch7201 South Broadway, St. Louis, MO 63111April 01, 1974Full Service Brick and Mortar
    2187862Meramec Branch3207 Meramec, St. Louis, MO 63118April 02, 1984Full Service Brick and Mortar
    3187863Gravois Branch4914 Gravois, St. Louis, MO 63116July 16, 1990Full Service Brick and Mortar
    4187864Grand Avenue Branch5515 South Grand Avenue, Saint Louis, MO 63111October 19, 1996Full Service Brick and Mortar
    5187865Imperial Branch1030 Main Street, Imperial, MO 63052Febuary 06, 1997Full Service Brick and Mortar
    6187866Crystal City Branch300 South Truman Boulevard, Crystal City, MO 63019October 01, 1997Full Service Brick and Mortar
    7187867Oakville Branch6121 Telegraph Road, St. Louis, MO 63129May 03, 1999Full Service Brick and Mortar
    9291955Desoto Branch2101 Rock Road, De Soto, MO 63020April 05, 2000Full Service Brick and Mortar
    10360381South Lindbergh Branch6969 South Lindbergh, Saint Louis, MO 63125March 01, 2001Full Service Brick and Mortar

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