Southern Bancorp

Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".^[1]

Southern Bancorp

Company type	Public
Industry	Financial services, Philanthropy, Mortgage
Founded	1986 (1986)
Headquarters	Arkadelphia, Arkansas , United States
Area served	Arkansas, Mississippi
Total assets	$2,800,000,000 (2024)
Website	banksouthern.com

With 56 locations, the organization focuses most of its work in the Arkansas Delta and Mississippi Delta.^[2] Southern's community-development work in these areas has directly improved various aspects of resident's lives through different projects such as the Delta Bridge Project,^[3] The Arkadelphia Promise,^[4] and numerous other sponsorships and projects.

Origin

In 1986, then Arkansas Governor Bill Clinton partnered with the Winthrop Rockefeller Foundation to help combat different issues plaguing the state.^[5] From this initiative, various nonprofit development agencies came together to form Southern Bancorp.

Structure

There are three entities that make up Southern Bancorp:

• Southern Bancorp Bank (SBB)
• Southern Bancorp Community Partners (SBCP)
• Southern Bancorp Incorporated (SBI)