Southern Community Bancshares Inc. (SNCB/SNCB.OB) Wrap Up:

Southern Community Bancshares, Inc. operates as the holding company for Southern Community Bank, which provides commercial banking services primarily in Fayette County, Georgia. It primarily engages in generating deposits and originating loans. The company’s deposit products include non-interest bearing demand accounts, time deposits, savings, and other interest bearing transaction accounts. Its lending portfolio comprises construction and development, commercial and residential real estate, and commercial and industrial loans, as well as consumer loans that include home equity, vehicle financing, overdraft protection lines, secured and unsecured personal loans, and loans secured by deposits...