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The Southern Banc Company, Inc. (SRNN)

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The Southern Banc Company, Inc.

221 South 6th Street
Gadsden, AL 35901
United States
256-543-3860
http://www.sobanco.com

SectorFinancial
IndustrySavings & Loans
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Gates LittleChairman, CEO, Pres & CFO137.7kN/A47
Mr. Robert RedmondExec. VPN/AN/AN/A
Ms. Peggy SmithSec., Treasurer, Sec. of the Southern Bank Co. and Treasurer of the Southern Bank Co.N/AN/AN/A
Ms. Teresa ElkinsVP of the Southern Bank CompanyN/AN/AN/A
Amounts are as of December 31, 2006 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. Currency in USD.

Description

The Southern Banc Company, Inc. operates as the holding company for The Southern Bank Company that provides various banking products and services in Alabama. Its personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. The company’s business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. It also offers commercial loans, factoring services, and online banking and ATM services. The company operates through four full service banking offices located in Gadsden, Albertville, Guntersville, and Centre, as well as through one commercial finance office located in Birmingham. The Southern Banc Company, Inc. was founded in 1936 and is based in Gadsden, Alabama.

Corporate Governance

The Southern Banc Company, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.