SBA lender profile
SouthPoint Bank
SouthPoint Bank appears in the public SBA loan data with 39 funded 7(a) loans totaling $38.1M, an average of $978K per loan, and an estimated 552 jobs supported. Its SBA lending concentrates in Alabama and the Accommodation and Food Services 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
39
Total volume
$38.1M
Average loan size
$978K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
552
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.4B
- Headquarters
- Birmingham, AL
- FDIC cert
- #58088
- Status
- Active
Where SouthPoint Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Alabama | 33 | $29.3M |
| Mississippi | 1 | $4.6M |
| Florida | 4 | $2.6M |
| Texas | 1 | $1.6M |
What SouthPoint Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 11 | $13.6M |
| Professional and Technical Services | 2 | $8.4M |
| Health Care and Social Assistance | 9 | $5.4M |
| Transportation and Warehousing | 1 | $2.4M |
| Other Services | 5 | $2.3M |
| Educational Services | 1 | $1.4M |
SouthPoint Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 5 | $3.2M |
| 2022 | 14 | $8.0M |
| 2023 | 8 | $10.5M |
| 2024 | 6 | $10.4M |
| 2025 | 3 | $4.9M |
| 2026 | 3 | $1.2M |
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 SouthPoint 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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