Southern Bank and Trust Company holds $4.5B in deposits across 29 counties in 8 ranked markets and 2 states. Its deposit footprint is broadly distributed: the top three counties (Nash County, Hertford County, Wayne County) hold 35% of its deposits, and North Carolina accounts for 85% of the total. It ranks among the three largest institutions in 14 of the 29 counties where it operates.
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Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches | |
|---|---|---|---|---|---|
| 1. | Nash County, NC | $603M | 13.5% | 14.7% | 5 |
| 2. | Hertford County, NC | $531M | 11.8% | 83.0% | 2 |
| 3. | Wayne County, NC | $436M | 9.7% | 21.7% | 5 |
| 4. | Pitt County, NC | $390M | 8.7% | 11.0% | 5 |
| 5. | Dare County, NC | $257M | 5.7% | 13.2% | 3 |
| 6. | Virginia Beach (City) County, VA | $241M | 5.4% | 2.8% | 3 |
| 7. | Norfolk (City) County, VA | $207M | 4.6% | 4.4% | 2 |
| 8. | Wilson County, NC | $178M | 4.0% | 9.2% | 2 |
| 9. | Chesapeake (City) County, VA | $151M | 3.4% | 4.2% | 2 |
| 10. | Duplin County, NC | $144M | 3.2% | 18.0% | 2 |
| 11. | Bertie County, NC | $129M | 2.9% | 100.0% | 1 |
| 12. | Halifax County, NC | $117M | 2.6% | 15.3% | 2 |
| 13. | New Hanover County, NC | $114M | 2.5% | 0.5% | 1 |
| 14. | Beaufort County, NC | $105M | 2.3% | 12.6% | 1 |
| 15. | Sampson County, NC | $103M | 2.3% | 15.0% | 3 |
| 16. | Wake County, NC | $93M | 2.1% | 0.1% | 1 |
| 17. | Chowan County, NC | $86M | 1.9% | 23.7% | 1 |
| 18. | Edgecombe County, NC | $82M | 1.8% | 24.0% | 2 |
| 19. | Pasquotank County, NC | $77M | 1.7% | 9.0% | 1 |
| 20. | Northampton County, NC | $72M | 1.6% | 100.0% | 1 |
| 21. | Lenoir County, NC | $66M | 1.5% | 6.6% | 2 |
| 22. | Washington County, NC | $66M | 1.5% | 100.0% | 1 |
| 23. | Johnston County, NC | $56M | 1.3% | 1.9% | 2 |
| 24. | Suffolk (City) County, VA | $53M | 1.2% | 3.5% | 1 |
| 25. | Gates County, NC | $41M | 0.9% | 100.0% | 1 |
| 26. | Martin County, NC | $38M | 0.9% | 9.7% | 1 |
| 27. | Craven County, NC | $28M | 0.6% | 1.7% | 1 |
| 28. | Newport News (City) County, VA | $12M | 0.3% | 0.5% | 1 |
| 29. | Richmond (City) County, VA | $3M | 0.1% | 0.0% | 1 |
Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.