{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"SouthPoint Bancshares Announces 2020 Earnings - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"KGXNJu3zhb\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/southpoint-bancshares-announces-2020-earnings\/\">SouthPoint Bancshares Announces 2020 Earnings<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/southpoint-bancshares-announces-2020-earnings\/embed\/#?secret=KGXNJu3zhb\" width=\"600\" height=\"338\" title=\"&#8220;SouthPoint Bancshares Announces 2020 Earnings&#8221; &#8212; Market Newsdesk\" data-secret=\"KGXNJu3zhb\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"SouthPoint Bancshares Announces 2020 Earnings BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211; SouthPoint Bancshares, Inc. (SOUB), the parent company of SouthPoint Bank, announced a net income of $7,389,468, or $3.68 per share, for the year ended December 31, 2020, as compared to a net income of $4,917,759, or $2.46 per share, for the year ended December 31, 2019. \u201cSouthPoint Bank, like all of us, had an unusual year in 2020 due to the Coronavirus pandemic. We ultimately had an outstanding year both in total profits and the amount of businesses and people that we assisted in managing the crisis,\u201d said Steve Smith, Chairman, President and CEO. Earnings per share were up 50 percent, while pre-tax income was up 80 percent over 2019. Low interest &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210208005112r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}