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Home > Company Index > Banking > Banking - Southeast > SouthBanc Shares, Inc.
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SouthBanc Shares, Inc. |
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NEWS FROM THE WIRES |
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National Commerce to buy Southbanc for $126 million Jul 16 2001 05:46 AM PDT
National Commerce to buy Southbanc for $126 million Jul 16 2001 05:46 AM PDT
Argentine stocks reverse on profit-taking Jul 13 2001 09:03 AM PDT
Southbanc Shares may sell out for $28/shr Jul 13 2001 09:02 AM PDT
> More WIRE STORIES about this company
PROFILE |
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SouthBanc Shares is the holding company for Perpetual Bank and Heritage Federal Bank, which together operate about a dozen offices serving northwestern South Carolina. The bank offers CDs, IRAs, and checking, savings, passbook, money market, and NOW accounts. With these funds, it primarily originates real estate and consumer loans, with one- to four-family mortgages (more than 55% of the portfolio), commercial real estate mortgages (approximately 12%), and construction loans (more than 25%) representing the lion's share of the bank's lending activities. SouthBanc Shares has agreed to be bought by National Commerce Financial Corporation.
COMPETITION |
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BB&T Corporation (BBT)
The South Financial Group, Inc. (TSFG)
Wachovia Corporation (WB)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 34.10
1-Yr. Sales Growth: 8.9%
Employees: 185
Revenue per employee: $184,324.32
KEY PEOPLE |
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Robert W. Orr
CEO
Thomas C. Hall
CFO
CONTACT INFO |
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907 N. Main St.
Anderson, SC 29621
US
Phone: 864-225-0241
Fax: 864-261-5208
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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