South Alabama Bancorp - SABC- Profile

South Alabama Bancorporation, Inc. is a holding company which operates through its subsidiaries, South Alabama Bank, First National Bank, The Monroe County Bank, South Alabama Trust Company, Inc, The Commercia Bank of Demopolis and Sweet Water State Bank. The company provides banking services which include business and personal checking accounts, money market accounts, saving accounts, certificates of deposits, overdraft protection, mortgage on commercial and residential real estate, credit card privileges, letters of credit, safe deposit box facilities, mutual funds, annuities, insurance products, general banking advice and consultation and community oriented services. The company's has 22 branch offices. During 1999 the company acquired Sweet Water State Bancshares, Inc. Interest and fees on loans accounted for 67% of 1999 revenues; other interest income, 23% and non-interest income, 10%.