{"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 Q3 2020 Earnings - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"L5tuJ3nSRc\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/southpoint-bancshares-announces-q3-2020-earnings\/\">SouthPoint Bancshares Announces Q3 2020 Earnings<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/southpoint-bancshares-announces-q3-2020-earnings\/embed\/#?secret=L5tuJ3nSRc\" width=\"600\" height=\"338\" title=\"&#8220;SouthPoint Bancshares Announces Q3 2020 Earnings&#8221; &#8212; Market Newsdesk\" data-secret=\"L5tuJ3nSRc\" 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 Q3 2020 Earnings BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211; SouthPoint Bancshares, Inc. (SOUB), the parent company of SouthPoint Bank, announced a net income of $5,010,719, or $2.50 per share, for the third quarter year-to-date ended September 30, 2020, as compared to a net income of $3,665,103, or $1.83 per share, for the third quarter year-to-date ended September 30, 2019. Pre-tax and pre-provision income was $7,689,532 as of September 30, 2020 compared to $4,880,238 on September 30, 2019. \u201cWe have finished another record-breaking quarter here at SouthPoint Bank,\u201d said Steve Smith, Chairman, President and CEO. \u201cBoth our home mortgage division and commercial banking areas have had an excellent year. The mortgage division has greatly benefited from the reduction in long term &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201116005853r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}