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, 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.