| Business Summary | | Southern
Community
Bancshares,
Inc.
is
the
holding
company
for
First
Federal
Savings
and
Loan
Association
of
Cullman.
The
Association
is
primarily
engaged
in
the
business
of
obtaining
funds
in
the
form
of
various
savings
deposit
products
and
investing
those
funds
in
mortgage
loans
or
single-family
real
estate
and,
to
a
lesser
extent,
in
consumer
loans.
The
Association
operates
from
its
two
offices
in
the
primary
market
area
of
Cullman
County,
Alabama. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Southern
Community
Banchshares
is
a
bank
holding
company
for
First
Federal
Savings
and
Loan
Association
of
Cullman,
with
two
office
in
Cullman,
Alabama.
For
the
three
months
ended
12/31/00,
total
interest
income
rose
7%
to
$1.2
million.
Net
interest
income
after
loan
loss
provision
rose
3%
to
$647
thousand.
Net
income
rose
21%
to
$183
thousand.
Results
reflect
increased
average
loan
balances
and
increased
customer
service
fees. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Finis St. John IV, 43 Chairman | -- | William Faulk, 39 Pres | $173K | Beth Knight, 38 CFO,
Treasurer, Sec., VP-Fin. | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|