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Southern Community Financial Corp. (SCMF)On Dec 18: 2.30   0.00 (0.00%)  
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Southern Community Financial Corp.
4605 Country Club Road
Winston-Salem, NC 27104
United States - Map
Phone: 336-768-8500
Fax: 336-768-2552
Web Site: http://www.smallenoughtocare.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:335

BUSINESS SUMMARY 
Southern Community Financial Corporation operates as the holding company for Southern Community Bank and Trust, which provides commercial and retail banking services to individuals, businesses, and nonprofit organizations in North Carolina. Its deposit products include non-interest-bearing checking accounts, interest-bearing checking and savings accounts, money market accounts, certificates of deposit, time deposits, and NOW deposits. The company’s loan portfolio comprises real estate loans for purchasing, constructing, and refinancing one-to-four family residential, as well as five or more family residential and commercial properties; residential and commercial mortgage loans; one-to-four family residential construction loans; commercial loans, including secured and unsecured loans for working capital, expansion, and other business purposes; and consumer loans, such as automobile loans, boat and recreational vehicle financing, and secured and unsecured personal loans. It also provides trust and investment services, and safe deposit boxes. The company serves customers through automated teller machines (ATMs) and debit cards, as well as through its automated telephone and Internet electronic banking products. As of December 31, 2008, it operated through 22 banking offices, as well as approximately 100 ATMs in 9 counties throughout North Carolina. The company was founded in 1996 and is headquartered in Winston-Salem, North Carolina.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Southern Community Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 66.9% of CGQ Universe companies and 52.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. F. Scott Bauer , 54
    Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Member of Loan Committee, Chairman of Southern Community Bank & Trust and Chief Exec. Officer of Southern Community Bank & Trust
    $ 375.00K $ 48.00K
    Mr. Jeff T. Clark , 45
    Pres, Member of Loan Committee and Pres of Southern Community Bank & Trust
    $ 275.00K $ 99.00K
    Mr. James Hastings , 56
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 190.00KN/A
    Mr. Robert L. Davis Jr., 46
    Exec. VP
    $ 218.00K $ 20.00K
    Mr. James Charles Monroe Jr.,
    Sr. VP and Treasurer
    $ 200.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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