Type | Public (NASDAQ: SUPR) |
---|---|
Industry | Financial services |
Founded | 1997 as The Banc Corporation |
Headquarters | Birmingham, Alabama, USA |
Key people | C. Stanley Bailey, Chairman and CEO |
Products | Retail banking Commercial banking Mortgage Investments |
Revenue | 193 million USD (2008) |
Total assets | 3.3 billion USD (2010) |
Employees | 826 (2009) |
Website | www.SuperiorBank.com |
Superior Bancorp, and its principal subsidiary Superior Bank, is a southeastern community thrift with approximately $3.2 billion in assets. The company is publicly held and has its corporate headquarters in Birmingham, Alabama. Superior was founded in 1997 as The Banc Corporation. Today the company stands as the second-largest community bank holding company in Alabama, behind Regions Financial Corporation, and third largest when including foreign-based, but locally headquartered, BBVA Compass. The company's corporate headquarters are located in the historic John A. Hand Building on 20th Street North in downtown Birmingham, which is named after former AmSouth Bancorporation president John A. Hand. Superior Bank had 73 branch locations including 38 in Alabama and 22 in Florida. Superior Bank was closed by FDIC on April 15, 2011.[1] The bank's branches and its assets were acquired by a newly created subsidiary of Community Bancorp, operating as Superior Bank N.A.
In October 2011 Superior Bank N.A. merger with Cadence Bank to form a stronger united southern bank.