SBA lender profile
Southern Bank and Trust Company
Southern Bank and Trust Company appears in the public SBA loan data with 348 funded 7(a) loans since FY2010, totaling $57.9M, an average of $166K per loan, and an estimated 2,980 jobs supported. Its SBA lending concentrates in North Carolina and the Health Care and Social Assistance sector. Across its 7(a) loans, the charge-off rate is 1.4%. 0.9% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 82
- Scale 68
- Activity 52
- Consistency 85
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Southern Bank and Trust Company the right lender for you?
Lenders fund what they know. Southern Bank and Trust Company's SBA lending concentrates in North Carolina (323 loans) and Health Care and Social Assistance (44 loans), at an average loan of $166K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
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 | 323 | $53.2M |
| Virginia | 25 | $4.7M |
Metro areas where Southern Bank and Trust Company funds
What Southern Bank and Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 44 | $9.9M |
| Retail Trade | 53 | $8.6M |
| Other Services | 38 | $6.2M |
| Agriculture, Forestry, Fishing | 22 | $5.9M |
| Accommodation and Food Services | 37 | $5.5M |
| Real Estate | 15 | $5.5M |
Southern Bank and Trust Company SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 13 | $1.1M |
| 2011 | 28 | $9.5M |
| 2012 | 32 | $3.9M |
| 2013 | 30 | $3.8M |
| 2014 | 40 | $3.5M |
| 2015 | 42 | $5.7M |
| 2016 | 26 | $3.2M |
| 2017 | 32 | $5.0M |
| 2018 | 37 | $3.5M |
| 2019 | 17 | $2.6M |
| 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 |
Related SBA lenders
Other lenders active in North Carolina or in Health Care and Social Assistance.
Comparing lenders? See how to choose an SBA lender by track record.
Southern Bank and Trust Company: frequently asked questions
Does Southern Bank and Trust Company offer SBA loans?
Yes. Southern Bank and Trust Company appears in the public SBA data with 348 funded SBA 7(a) loans totaling $57.9M.
How many SBA loans has Southern Bank and Trust Company made?
Southern Bank and Trust Company is associated with 348 SBA 7(a) loans totaling $57.9M in the public SBA data (as of 2026-03-31).
What is Southern Bank and Trust Company's SBA charge-off rate?
About 1.4% of Southern Bank and Trust Company's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Southern Bank and Trust Company do most of its SBA lending?
Southern Bank and Trust Company's SBA lending in the data is most concentrated in North Carolina, and by industry in Health Care and Social Assistance.
Is Southern Bank and Trust Company an SBA Preferred Lender (PLP)?
The loan record shows Southern Bank and Trust Company operating under PLP delegated authority: 3 of its 7(a) loans (0.9%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Southern Bank and Trust Company SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/southern-bank-and-trust-company/
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