Press Releases

WINSTON-SALEM, NC, Nov 04, 2009 (MARKETWIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO), the holding company for Southern Community Bank and Trust, today confirmed that James Hastings, the Company's Chief Financial Officer and James Monroe, the Company's Treasurer are recovering following non ...

WINSTON-SALEM, NC, Aug 10, 2009 (MARKETWIRE via COMTEX News Network) -- Southern Community Bank and Trust (NASDAQ: SCMF) (NASDAQ: SCMFO) has recently received three awards in local and international competitions recognizing its commitment to providing customers with unparalleled levels of service and support. Southern Community was voted the "B...

WINSTON-SALEM, NC, Jun 30, 2009 (MARKETWIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) updated its guidance for second quarter 2009 results. The Company now expects its provision for loan losses will increase to approximately $6.0 million for the second quarter 2009 in response to an accelera...

WINSTON-SALEM, NC, Apr 21, 2009 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO), the holding company for Southern Community Bank and Trust, will report first quarter 2009 financial results on Thursday, April 30 after the stock market closes. Southern Community's executive manageme...

WINSTON-SALEM, NC, Jan 29, 2009 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) and Southern Community Bank and Trust announced that James G. Chrysson was elected Vice Chairman of the Board of Directors. Mr. Chrysson is Co-Owner and Vice President of C. B. Development Company. He is o...

WINSTON-SALEM, NC, Jan 22, 2009 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) Financial Highlights -- Net interest margin for the fourth quarter 2008 increased 22 basis points to 3.10% from 2.88% in the third quarter 2008 -- Nonperforming loans were 1.10% of total ...

WINSTON-SALEM, NC, Nov 18, 2008 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that it has received preliminary approval from the U.S. Treasury for the sale of $42.75 million in preferred stock and related warrants to the U.S. Treasury under the Capital Purchase Program of ...

WINSTON-SALEM, NC, Oct 24, 2008 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that its Board of Directors, at its regular meeting on October 22, 2008, declared a quarterly cash dividend of four cents ($0.04) per share on the Corporation's common stock. The dividend is paya...

WINSTON-SALEM, NC, Sep 22, 2008 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) has chosen Stephen L. Robertson to serve on its Board of Directors. Mr. Robertson is President and CEO of Robertson Airtech International, headquartered in Charlotte, NC, providing engineering, design, fab...

WINSTON-SALEM, NC, Jul 25, 2008 (MARKET WIRE via COMTEX News Network) -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that its Board of Directors, at its regular meeting on July 23, 2008, declared a quarterly cash dividend of four cents ($0.04) per share on the Corporation's common stock. The dividend is payable...