SBA lender profile
Southern Bank and Trust Company
Southern Bank and Trust Company appears in the public SBA loan data with 51 funded 7(a) loans totaling $16.1M, an average of $316K per loan, and an estimated 476 jobs supported. Its SBA lending concentrates in North Carolina and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
51
Total volume
$16.1M
Average loan size
$316K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
476
Programs
7(a)
Bank profile
via FDIC- Total assets
- $5.3B
- Headquarters
- Mount Olive, NC
- FDIC cert
- #15359
- Status
- Active
Where Southern Bank and Trust Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Carolina | 47 | $14.9M |
| Virginia | 4 | $1.2M |
What Southern Bank and Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 14 | $4.0M |
| Real Estate | 2 | $2.5M |
| Agriculture, Forestry, Fishing | 2 | $1.8M |
| Retail Trade | 7 | $1.8M |
| Construction | 6 | $1.5M |
| Other Services | 6 | $1.2M |
Southern Bank and Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 18 | $5.6M |
| 2021 | 6 | $1.7M |
| 2022 | 7 | $1.8M |
| 2023 | 3 | $830K |
| 2024 | 9 | $4.6M |
| 2025 | 6 | $1.2M |
| 2026 | 2 | $435K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Southern Bank and Trust Company's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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