BNET Industries
Last Fiscal Year Sales:$750.0M
- Private
- US
Dow Jones Description
The year was 1910 when the men in the photograph above gathered at the Strawberry Market in Mount Olive, North Carolina. Their local bank, The Bank of Mount Olive, was nine years old at the time, and reflected the values of the day. It was a place where their money was safe and earned good interest. A place where they were treated as friends and respected as individuals. A place where one's word was as solid as a handshake. Today, The Bank of Mount Olive is Southern Bank and Trust. Our 100-plus years of prosperity have led us to be one of the 10 largest banks in North Carolina and one of the safest, soundest banking institutions in the country. And while the men and strawberry market pictured above may only exist in the past, the values of the time they represent are alive and well at Southern Bank. Southern Bank & Trust is the third oldest state-chartered commercial bank in North Carolina. With total assets nearing $1 billion, we serve over 44 communities with 53 locations in eastern North Carolina. All but four of the communities we serve have populations of less than 5,000.
Chairman of the Board, President and Chief Executive Officer
John C PegramNumber of Employees 374
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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southern bank - All News and Analysis
Southern Bank
- 2007-09-01
Boca Raton-based First Southern Bank appointed Franklin Burnside CEO, succeeding Peter Mottek. Burnside has been a member of First Southern's board since 2005.
Bank producing 'SAFE' kids
- 2007-02-12
PORT GIBSON - Mississippi Southern Bank, a division of Ridgeland-based State Bank & Trust Company, is helping seventh-graders at Port Gibson Middle School develop good financial habits through its Students Achieve Financial Education SAFE program. For three weeks, State Bank employees Jackie Robinson, Alice Powell and Rhonda Conerly will teach...
Spotlight On: United Southern Bank Rebuilds Elkton Branch
- 2007-02-01
On January 17, 2006, United Southern Bank was dealt a severe blow when its Elkton office burned to the ground in a matter of two hours. Luckily, no one was injured, but bank staff spent the next several weeks reconstructing transactions and recovering items that were lost. For the next...
MOODY'S WITHDRAWS SOUTHERN BANK'S RATINGS
- 2006-11-07
Moody'sInvestors Service has withdrawn Southern Bank Berhad's SBB ratings asdetailed below. This action follows the November 1, 2006 vesting of theentire business undertaking of SBB into CIMB Bank Berhad (formerlyBumiputra-Commerce Bank Berhad; rated A3/P-1/D-). CIMB Bank Berhad is the commercial banking arm of listedBumiputra- Commerce Holdings Berhad (BCHB, formerly Commerce...
Malaysia sees largest bank takeover deal
- 2006-03-14
KUALA LUMPUR AFP — Malaysia's second largest financial group, Bumiputra-Commerce Holdings, has announced a landmark takeover of Southern Bank in the country's largest-ever corporate deal. The deal, worth 6.7 billion ringgit (1.8 billion dollars) sees Bumiputra-Commerce, through its unit CIMB, offering a price of 4.30 ringgit per Southern Bank...
Woman of the year
- 2005-09-01
THE search for the Tun Dr Siti Hasmah WIM Woman of the Year is on. The award was initiated to recognise and honour a Malaysian woman who has undergone great difficulties and challenges in her life, beat the odds to become successful as well...
Defining the Wind: The Beaufort Scale and How a 19th Century Admiral Turned Science Into Poetry.(Brief Article)
- 2005-08-01
John Pegram, CEO, Southern Bank Defining the Wind: The Beaufort Scale and How a 19th Century Admiral Turned Science Into Poetry by Scott Huler The subject is Sir Francis Beaufort and the development of the Beaufort Scale, but it's really a story...
United Southern Bank Opens New Branch
- 2005-06-01
United Southern Bank, headquartered in Hopkinsville, opened its new full-service branch in Crofton on May 9, with a ceremonial ribbon cutting. The new branch provides full-service banking Monday through Friday and boasts a drive-through, night depository, and drive-up ATM. The small community has been without a bank for several years,...
Looking good
- 2005-05-01
OF LATE, one of the major issues being debated among the investment community has been about the impact of potential capital outflows as a result of the recent liberalisation of capital controls in the country by Bank Negara Malaysia to the valuation of the...
Looking good
- 2005-05-01
OF LATE, one of the major issues being debated among the investment community has been about the impact of potential capital outflows as a result of the recent liberalisation of capital controls in the country by Bank Negara Malaysia to the valuation of the...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David A Bean | Chief Financial Officer |
| Drew M Covert | Chief Operating Officer |
| Chris Robbins | Senior Vice President |
| J Grey Morgan | Senior Vice President, South Region |
| Jerry Alexander | Senior Vice President, North Region |
| Robert Shepherd | Senior Vice President and Community Reinvestment Officer |
| Russell Jackson | Senior Vice President |
| Wayne Murphy | Senior Vice President, Central Region |
| Willard Barnes | Senior Vice President and City Executive |
| April Stotesberry | Assistant Vice President In the Plymouth Office |
| Faith Simmons | Assistant Vice President |
| Hope D Macneill | Vice President and City Executive In the Hamilton and Robersonville Offices |
| Hugh Q Alexander | Vice President |
| Michael T Bryant | Vice President |
| Richard D Ray | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John C Pegram | Chairman of the Board, President and Chief Executive Officer |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Chairman of the Board, President and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Chief Operating Officer | Current |
| Southern Bank | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President | Current |
| Southern Bank | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President, South Region | Current |
| Southern Bank | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President, North Region | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President and Community Reinvestment Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President, Central Region | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Senior Vice President and City Executive | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Assistant Vice President In the Plymouth Office | Current |
| Southern Bank | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Vice President and City Executive In the Hamilton and Robersonville Offices | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Southern Bank | Vice President | Current |
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Glass Door
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| Wells Fargo |  |
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| Bank of America | |
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| JPMorgan Chase | |
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