SBA lender profile
Southern Bank
Southern Bank appears in the public SBA loan data with 155 funded 7(a) loans totaling $79.9M, an average of $515K per loan, and an estimated 2,097 jobs supported. Its SBA lending concentrates in Missouri and the Other Services sector. Across all of its loans in the data, its charge-off rate is 0.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
155
Total volume
$79.9M
Average loan size
$515K
Charge-off rate
0.7%
Share of funded loans charged off
Jobs supported (reported)
2,097
Programs
7(a)
Bank profile
via FDIC- Total assets
- $291M
- Headquarters
- Richmond, VA
- FDIC cert
- #11591
- Status
- Inactive
Where Southern Bank lends
Top states by funded SBA volume.
What Southern Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 27 | $14.2M |
| Accommodation and Food Services | 27 | $13.9M |
| Retail Trade | 21 | $10.0M |
| Arts, Entertainment, Recreation | 11 | $8.2M |
| Administrative and Support | 12 | $6.8M |
| Health Care and Social Assistance | 12 | $6.7M |
Southern Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 27 | $14.8M |
| 2021 | 47 | $38.7M |
| 2022 | 22 | $8.0M |
| 2023 | 16 | $7.3M |
| 2024 | 18 | $5.1M |
| 2025 | 14 | $3.3M |
| 2026 | 11 | $2.8M |
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'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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