GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Banc Co Inc (OTCPK:SRNN) » Definitions » Mortgage Backed Securities (USD Mil)

Southern Banc Co (Southern Banc Co) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 1995. Start your Free Trial

What is Southern Banc Co Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Southern Banc Co's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Southern Banc Co Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Southern Banc Co's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southern Banc Co Mortgage Backed Securities (USD Mil) Chart

Southern Banc Co Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Mortgage Backed Securities (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Average Interest Earning Assets (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Commercial Business Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Residential Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Commercial Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Construction Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only


Competitive Comparison of Southern Banc Co's Mortgage Backed Securities (USD Mil)

For the Banks - Regional subindustry, Southern Banc Co's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Banc Co  (OTCPK:SRNN) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Southern Banc Co Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Southern Banc Co's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern Banc Co (Southern Banc Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
221 South 6th Street, Gadsden, AL, USA, 35901
Southern Banc Co Inc provides personal and business banking solutions. It offers banking solutions for every personal banking need including Personal Checking, Mortgage Loans, Consumer Loans, and Home Equity Lines of Credit. The principal business of the Bank consists of accepting deposits from the general public through the Bank's main and branch offices and investing those funds in loans secured by real estate properties, commercial and consumer loans located in the Bank's primary market area, and factoring. The company serves small and medium-sized business customers the United States.
Executives
Fred Taylor director
Little James B Iii director
Craig G Cantrell director
Dowling Thomas F Iii director
Little James B Jr director, officer: Vice President
Gates Little director, officer: President