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News 2026-09-30 18:11 UTC

Southern Banc Company Reports Q4 Net Income of $493K, FY of $1.42M

The Southern Banc Company reported unaudited Q4 net income of approximately $493,000 ($0.65 basic) and audited FY26 net income of approximately $1.42 million ($1.86 basic). Net interest income increased due to higher loan and securities income, while the FY loan loss provision decreased.