Puneet Varma

Superior Bancorp

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Type  Public (NASDAQ: SUPR)
Revenue  193 million USD (2008)
Founded  1997
Ceased operations  April 15, 2011
Industry  Financial services
Total assets  3.3 billion USD (2010)
Number of employees  826 (2009)
Parent organization  Superior Bancorp
Key people  C. Stanley Bailey, Chairman and CEO
Products  Retail banking Commercial banking Mortgage Investments
Headquarters  Birmingham, Alabama, United States
Subsidiaries  SFS, LLC, TBC Realty Holdings Corporation

Superior bancorp nasdaq supr video chart for stock traders from pennypayday com


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. 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.

References

Superior Bancorp Wikipedia


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