305B2


Registration No. 333-202413

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
_____________________________

FORM T-1

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
_____________________________

X CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)

WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
A National Banking Association
(Jurisdiction of incorporation or
organization if not a U.S. national
bank)
 
94-1347393
(I.R.S. Employer
Identification No.)
 
 
 
101 North Phillips Avenue
Sioux Falls, South Dakota
(Address of principal executive offices)
 
57104
(Zip code)

Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
_____________________________

THE SOUTHERN COMPANY
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
 
58-0690070
(I.R.S. Employer
Identification No.)
 
 
 
30 Ivan Allen Jr. Boulevard, N.W.
Atlanta, Georgia
(Address of principal executive offices)
 
30308
(Zip code)

_____________________________
JUNIOR SUBORDINATED NOTES
(Title of the indenture securities)








Item 1.    General Information. Furnish the following information as to the trustee:

(a)
Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency
Treasury Department
Washington, D.C.

Federal Deposit Insurance Corporation
Washington, D.C.

Federal Reserve Bank of San Francisco
San Francisco, California 94120

(b)
Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2.    Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15.    Foreign Trustee.    Not applicable.

Item 16.    List of Exhibits.    List below all exhibits filed as a part of this Statement of Eligibility.

 
Exhibit 1.
A copy of the Articles of Association of the trustee now in effect.*
 
 
 
 
Exhibit 2.
A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated June 27, 2012.**
 
 
 
 
Exhibit 3.
A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated December 21, 2011. **
 
 
 
 
Exhibit 4.
Copy of By-laws of the trustee as now in effect.***
 
 
 
 
Exhibit 5.
Not applicable.
 
 
 
 
Exhibit 6.
The consent of the trustee required by Section 321(b) of the Act.
 
 
 
 
Exhibit 7.
A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
 
 
 
 
Exhibit 8.
Not applicable.
 
 
 
 
Exhibit 9.
Not applicable.








*    Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.

**    Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-3 dated January 23, 2013 of file number 333-186155.

***    Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.









SIGNATURE


Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Atlanta and State of Georgia on the 9th day of September 2015.



 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
 
 
/s/Stefan Victory
 
 
Stefan Victory
Vice President
 











EXHIBIT 6




September 9, 2015



Securities and Exchange Commission
Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.


 
Very truly yours,
 
 
 
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
 
 
/s/Stefan Victory
 
 
Stefan Victory
Vice President
 







Exhibit 7
Consolidated Report of Condition of

Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business June 30, 2015, filed in accordance with 12 U.S.C. §161 for National Banks.
 
 
 
 
 
 
Dollar Amounts
In Millions
ASSETS
 
 
 
 
 
 
Cash and balances due from depository institutions:
 
 
 
 
Noninterest-bearing balances and currency and coin
 
$17,464
 
Interest-bearing balances
 
 
 
189,787
Securities:
 
 
 
 
 
 
Held-to-maturity securities
 
 
 
80,102
 
Available-for-sale securities
 
 
 
233,717
Federal funds sold and securities purchased under agreements to resell:
 
 
 
Federal funds sold in domestic offices
 
 
1,864
 
Securities purchased under agreements to resell
 
18,746
Loans and lease financing receivables:
 
 
 
 
 
Loans and leases held for sale
 
 
 
20,241
 
Loans and leases, net of unearned income
848,562

 
 
 
LESS: Allowance for loan and lease losses
10,493

 
 
 
Loans and leases, net of unearned income and allowance
 
 
838,069
Trading Assets
 
 
 
 
39,221
Premises and fixed assets (including capitalized leases)
 
 
7,527
Other real estate owned
 
 
 
1,849
Investments in unconsolidated subsidiaries and associated companies
 
 
855
Direct and indirect investments in real estate ventures
 
 
0
Intangible assets
 
 
 
 
 
 
Goodwill
 
 
 
21,627
 
Other intangible assets
 
 
 
17,894
Other assets
 
 
 
 
64,908
 
 
 
 
 
 
 
Total assets
 
 
 
 
$1,553,871
 
 
 
 
 
 
 
LIABILITIES
 
 
 
 
 
Deposits:
 
 
 
 
 
 
In domestic offices
 
 
$1,086,292
 
 
Noninterest-bearing
343,725

 
 
 
 
Interest-bearing
 
742,567

 
 
 
In foreign offices, Edge and Agreement subsidiaries, and IBFs
 
 
140,792
 
 
Noninterest-bearing
 
669

 
 
 
 
Interest-bearing
 
140,123

 
 
Federal funds purchased and securities sold under agreements to repurchase:
 
 
 
 
Federal funds purchased in domestic offices
 
 
594
 
Securities sold under agreements to repurchase
 
 
19,806





 
 
 
 
 
 
Dollar Amounts
In Millions
 
 
 
 
 
Trading liabilities
 
 
 
 
18,515
Other borrowed money
 
 
 
 
 
(includes mortgage indebtedness and obligations under capitalized leases)
 
 
89,743
Subordinated notes and debentures
 
 
 
16,760
Other liabilities
 
 
 
 
33,801
 
 
 
 
 
 
 
Total liabilities
 
 
 
 
$1,406,303
 
 
 
 
 
 
 
EQUITY CAPITAL
 
 
 
 
Perpetual preferred stock and related surplus
 
 
 
0
Common stock
 
 
 
 
519
Surplus (exclude all surplus related to preferred stock)
 
 
106,692
Retained earnings
 
 
 
 
36,940
Accumulated other comprehensive income
 
 
 
2,986
Other equity capital components
 
 
 
0
 
 
 
 
 
 
 
Total bank equity capital
 
 
 
147,137
Noncontrolling (minority) interests in consolidated subsidiaries
 
 
431
 
 
 
 
 
 
 
Total equity capital
 
 
 
147,568
 
 
 
 
 
 
 
Total liabilities, and equity capital
 
 
 
$1,553,871

I, John R. Shrewsberry, Sr. EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 
John R. Shrewsberry
 
Sr. EVP & CFO

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 
 
John Stumpf
James Quigley
Enrique Hernandez, Jr.
Directors