World Library  
Flag as Inappropriate
Email this Article

Superior Bancorp

Article Id: WHEBN0011127151
Reproduction Date:

Title: Superior Bancorp  
Author: World Heritage Encyclopedia
Language: English
Subject: Superior Bank, Alabama
Publisher: World Heritage Encyclopedia

Superior Bancorp

Superior Bancorp
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
Revenue Increase 193 million USD (2008)
Total assets 3.3 billion USD (2010)
Employees 826 (2009)

Superior Bancorp, and its principal subsidiary Superior Bank, was a southeastern community thrift with approximately $3.2 billion in assets in 2010. The company was publicly held and had its corporate headquarters in Birmingham, Alabama. Superior was founded in 1997 as The Banc Corporation. Before its demise, the company stood 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 were 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.

  1. ^ Failed Bank Information: Superior Bank, Birmingham, AL -, Apr 15 2011
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.