# SOUTHERN COMMUNITY BANK
TULLAHOMA, TN · FDIC certificate 58105 · asset band <$300M · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $237.0M | |
| Deposits | $205.0M | |
| Loans and leases | $191.2M | |
| Total equity | $27.1M | |
| Loans / deposits | 92.27% (p81 of band) | 75.02% |
| Liquid assets / assets | 14.61% (p13 of band) | |
| Uninsured deposits / deposits | 16.29% (p55 of band) | 15.14% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.69% (p51 of band) | |
| FHLB advances / assets | 1.69% | |
| Tier 1 leverage | 10.71% (p45 of band) | 11.04% |
| Unrealized securities loss / equity | -1.61% (p57 of band) | -2.21% |
| AOCI / equity | -0.90% (p54 of band) | |
| ROA (annualized) | 1.19% (p66 of band) | 0.95% |
| Net interest margin | 3.94% (p63 of band) | 3.73% |
| Efficiency ratio | 60.70% (p24 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.60% |
| Net charge-offs (annualized) | 0.06% (p81 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 83% | |
| Construction % of loans | 102.62% (p95 of band) | |
| Auto loans | $688,000 (0.36% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $1.1M (4% of equity) (p98 of band) | |
| Deposits YoY | -4.1% | |
| Employees | 41 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 2 | reserve under noncurrent | uninsured deposits leaving |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 2 | reserve under noncurrent |  |
| 2013-06 | 1 |  | reserve under noncurrent |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | construction >100% equity |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 3 | charge-offs p90 |  |
| 2016-06 | 2 |  | charge-offs p90 |
| 2016-09 | 1 |  | capital falling |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2012-06-01 [Capital Bank makes move to buy Southern Community Bank - Carolina Public Press](https://news.google.com/rss/articles/CBMilgFBVV95cUxQLS1HZEJUMDZmVXQ4bFQ5blpWT3NPa040bFFvb0lyaHkwNF8yRVVNWW4wMWFjNUZEdURQZk5ETWVCczU2aENzS2FjZXhrcWJmNzBSLXo2aXRWWmk2d1Zyd0xUZ1pnbXZiVGFBb1pUTXZTOXVQVk9hdE1WV2FiVUVCV2dGeEdVeExhaGk5REFJVU9ISGliWlE?oc=5) · Carolina Public Press
- 2017-12-12 [SmartBank to acquire Southern Community Bank - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMijwFBVV95cUxPdkRrVS0takUxZGtDbDJ0TXAyNVBkYnJ5XzNWc3NnUFlOSHNjRUV2bjIxMDk5eEhtV2UtbW9BX2VtNllVNXZYeUZkdUVXSF9lTFhSV0NNM1JVWEktZ2E3c2h4Q3dqQzVBY3huLXhGRVZ2VG9XNlpSdTg4T1MySVRwMC1yWW1Oc1VIakpIaWYwUQ?oc=5) · Chattanooga Times Free Press
- 2017-12-12 [SmartFinancial, Inc. to acquire Tullahoma, TN-based Southern Community Bank - paymentsjournal.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxOQTFUTkxLOXp0TU4zOTN4ZmRFUGNwZ3RIWWdKRUJURzMyc2NVSVFmbmRaUEptNnpZUTRwQl9fUGJraTVIbU1lVmJQS1pvaVFCNDM0ZDZaTGFHMFc5enU0ZVU2b1Fqdk05NjJyYVdmcFduNWRRYmNQUG9pSDJMV0tGd2l6TWJKTThIV0l0dzJncFNIb0ZyRklGWE1XUlR0ZE5lR2FMN9IBqgFBVV95cUxPbVZGRmFMSTh3d1dZNjY3ZkFmc2d6THZ2aWVkQ0dja3FsUzVrS1RrYlVMZUFSOVdDMVJTSFRSS0lSem9oVi0tYU1FMFRUZTlEWlJiekxxTVp3alhVMF9vNU54aVFmT191X0RoR1ZaLVM0R1Z6eFhMdHRua0FlZ05RX0xXQVBUa2pock5ldjN0MTJaMDNSb0NzUm9id1duT3dEa0ZFUm5rSk5NZw?oc=5) · paymentsjournal.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-03-27 [TN bank 'just started to scratch the surface' with Green Hills buy - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxPVE9fMDZ1UXhUQ3VkeFk3eGlfWHp5R25kU0hycEZaYWxaOTRGbkVraWs0VDF2N1pIemFKaG9mNHFYdWNVakVxMGx2N0FGMXM2bDNpRE9GNFJCWlNybHRDNnVXSzhocHF0ekxKU1RaY21xakYwZ242blNxNTN3TFpZSEI1cjlVd0VxUmxZWTJ0UXcwOGRLeHNuUXE0UDZnUE04TkE?oc=5) · The Business Journals
- 2021-04-15 [Deal to combine Tennessee banks will ripple into Richmond - Richmond BizSense](https://news.google.com/rss/articles/CBMinwFBVV95cUxNcXlRQ0ZaWmdQNXdidFhKa0VNeWZQRVYtNXdQZVhCb0dBZmRHblNhTW5CNFVYdFd5TS1PUEVjZEhhdHUxb0FXRFNMV1ZUYXpGWVBFSEwzV2RCQTBVX1pzMEtlMlZsdmc3NVl4UWs4a3luSzhyazd5a09EcXo3Uk53U090aFU1V0NGQll3NHZKb0R0OTJpYnBkSUVZMXNTRGc?oc=5) · Richmond BizSense
- 2025-01-30 [SmartBank names new Tennessee leader - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPUUZHeFM2TUc3anpoUWtoQVFwMEFQOXg2MmJaWHBIZ1JLTEVERkxiQm1XX1NNeThyX2x3M3Q3Wm5NWlFwNFNHczFBNXJxdFR4elBhNkpRUTdBWlZIVzd1bVZaRU5Qa1E1S2tJb2FMSlA0aUhrd2xEN1BJcGZiSURmWTFiY2EtV0g4bm5jeXlSMzcwenpCVnJ4ejkyN1lsMHpxNUxOU05KSG8?oc=5) · The Business Journals
- 2018-04-24 [SmartBank boosts profits, expects bank purchase this spring - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxQZkxmSlVzenQ5ZTAxajBNbzRNaHVvOGVZOGdrRUhBOUdwenJ5VHNBWERlOVZvcGtVT0QwR2U2RUg3UDdVcVR1cUxDMDR3cDlBdG1ESEVBbnUxVTdaRzR1bFpfemp0OFBFYy1SZEltblFPaU42N3AzenZhN21FbVlwcHBwLWVVRFNobXQ2OVU0WXFNeV9TclJTVXVJNm93MGJJ?oc=5) · Chattanooga Times Free Press

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58105 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/57.json (key "58105", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide