November 19, 2008

Written agreement with Southern Community Bancshares

For immediate release

The Federal Reserve Board on Wednesday announced the execution of a Written Agreement by and among Southern Community Bancshares, Inc., Fayetteville, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.

A copy of the Written Agreement is attached.

Last Update: November 19, 2008