Southern Bank
Poplar Bluff, Missouri, Butler County
$5.2B in total assets, the 291st largest of 4,309 US banks and 9th of 195 headquartered in Missouri.
- FDIC certificate
- 28332
- Established
- 1887
- Owned by
- Southern Missouri Bcorp Inc
- Primary regulator
- FED
- Website
- www.bankwithsouthern.com
At a glance
Compared with 29 banks headquartered in Missouri with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $5.2B | 93% | $1.8B | |
| Loans | $4.4B | 98% | $1.2B | |
| Deposits | $4.4B | 97% | $1.4B | |
| Return on assets | 1.46% | 66% | 1.26% | |
| Net interest margin | 3.71% | 34% | 3.87% | |
| Efficiency ratio | 49.9% | 24% | 56.8% | |
| Equity to assets | 10.45% | 38% | 10.99% | |
| Loans to deposits | 99% | 76% | 93% |
Growth
Total assets grew 14.0% a year over the last 5 years and 14.0% a year over 10 years, including 6 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2023 | Citizens Bank and Trust Company Kansas City, MO | $969M |
| Feb 2022 | FortuneBank Arnold, MO | $261M |
| May 2020 | Central Federal Savings and Loan Association of Rolla Rolla, MO | $70M |
| Dec 2018 | First Commercial Bank Gideon, MO | $217M |
| Feb 2018 | Southern Missouri Bank of Marshfield Marshfield, MO | $87M |
| Jun 2017 | Capaha Bank, SB Tamms, IL | $203M |
| Dec 2014 | Peoples Bank of the Ozarks Nixa, MO, an affiliate under the same holding company | $264M |
| Feb 2014 | Citizens State Bank Bald Knob, AR | $70M |
| Oct 2013 | Bank of Thayer Thayer, MO | $78M |
| Dec 2010 | First Southern Bank Batesville, AR | $192M |
| Jul 2009 | Southern Bank of Commerce Paragould, AR | $30M |
| Feb 1983 | Kennett Savings and Loan Association Kennett, MO | n/a |
| Sep 1982 | Pioneer State Savings and Loan Association Van Buren, MO | n/a |
Where they operate
66 branches in 36 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Butler County, MO | $671M | 38.6% | 1 of 9 |
| Christian County, MO | $282M | 15.1% | 2 of 14 |
| Stoddard County, MO | $259M | 23.0% | 2 of 10 |
| Cape Girardeau County, MO | $236M | 6.8% | 7 of 16 |
| Dunklin County, MO | $201M | 26.7% | 1 of 7 |
| Greene County, MO | $187M | 1.3% | 17 of 35 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 29 branches since 2016 (37 to 66, +78.4%). 8 opened, 32 acquired, 11 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 37 | |||
| 2016 | Opened Poplar BluffClosed Poplar Bluff | 1 | 1 | 0 | 37 |
| 2017 | Acquired Capaha Bank, SBClosed Bald Knob and Brookland | 6 | 2 | +4 | 41 |
| 2018 | Acquired Southern Missouri Bank of Marshfield and First Commercial BankClosed Marshfield and Nixa | 8 | 2 | +6 | 47 |
| 2019 | Opened Essex and Poplar Bluff | 2 | 0 | +2 | 49 |
| 2020 | Acquired Central Federal Savings and Loan Association of RollaOpened Cabot | 2 | 0 | +2 | 51 |
| 2021 | Opened Rogersville and West PlainsClosed Cairo and Rogersville | 2 | 2 | 0 | 51 |
| 2022 | Acquired FortuneBankOpened Cairo, closed Matthews and Nixa | 3 | 2 | +1 | 52 |
| 2023 | Acquired Citizens Bank and Trust Company | 15 | 0 | +15 | 67 |
| 2024 | Closed Poplar Bluff | 0 | 1 | −1 | 66 |
| 2025 | Opened Saint Louis | 1 | 0 | +1 | 67 |
| 2026 through Q2 | Closed Poplar Bluff | 0 | 1 | −1 | 66 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 32% | 30% | |
| 1-4 family residential | 25% | 20% | |
| Business (C&I) | 12% | 18% | |
| Multifamily | 11% | 7% | |
| Construction and land | 7% | 11% | |
| Farmland | 7% | 5% | |
| Agricultural | 5% | 2% | |
| Consumer | 1% | 4% | |
| Other | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 48% | 48% | |
| Time deposits | 39% | 33% | |
| Noninterest-bearing | 13% | 19% |
Brokered deposits are 6.6% of deposits (peers 8.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.63% | 0.67% |
| Net charge-offs, annualized | 0.22% | 0.03% |
| Reserves to loans | 1.25% | 1.30% |
| Leverage ratio | 10.45% | 10.93% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Missouri
Largest competitors in Butler County, MO
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/southern-bank-poplar-bluff-mo