Exhibit (4) -23
 AMENDED AND RESTATED DECLARATION OF TRUST
AND TRUST AGREEMENT
 Among
 SUPERIOR BANCORP,
As Depositor
 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
As Property Trustee
 BNY MELLON TRUST OF DELAWARE,
As Delaware Trustee
 And
 THE SEVERAL HOLDERS OF THE TRUST SECURITIES
 Dated as of December 11, 2009
 SUPERIOR CAPITAL TRUST II




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Superior Capital Trust II
  Trust Indenture
    
    Trust Agreement(Section) 310 (a)(1)
    
    8.7(a)(2)
    
    8.7(a)(3)
    
    8.7(a)(4)
    
    2.7(a)(ii)(b)
    
    8.8(Section) 311 (a)
    
    8.13(b)
    
    8.13(Section) 312 (a)
    
    5.7(b)
    
    5.7(Section) 313 (a)
    
    5.7(b)
    
    8.15(a)(a)(4)
    
    8.15(b)(b)
    
    8.15(b)(c)
    
    10.8(d)
    
    8.15(c)(Section) 314 (a)
    
    8.16(b)
    
    Not Applicable(c)(1)
    
    8.17(c)(2)
    
    8.17(c)(3)
    
    Not Applicable(d)
    
    Not Applicable(e)
    
    1.1, 8.17(Section) 315 (a)
    
    8.1(a), 8.3(a)(b)
    
    8.2, 10.8(c)
    
    8.1(a)(d)
    
    8.1, 8.3(e)
    
    Not Applicable(Section) 316 (a)
    
    Not Applicable(a)(1)(A)
    
    Not Applicable(a)(1)(B)
    
    Not Applicable(a)(2)
    
    Not Applicable(b)
    
    5.14(c)
    
    6.7(Section) 317 (a)(2)
    
    Not Applicable(a)(2)
    
    Not Applicable(b)
    
    5.9(Section) 318 (a)
    
    10.10
  i




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TABLE OF CONTENTS
 PageARTICLE IDEFINED TERMSSection 1.1 Definitions
    
    
    1ARTICLE IICONTINUATION OF THE ISSUER TRUSTSection 2.1 Name
    
    
    8Section 2.2 Office of the Delaware Trustee; Principal Place of Business
    
    
    8Section 2.3 Initial Contribution of Trust Property; Organizational Expenses
    
    
    8Section 2.4 Issuance of the Capital Securities
    
    
    8Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures
    
    
    9Section 2.6 Declaration of Trust
    
    
    9Section 2.7 Authorization to Enter into Certain Transactions
    
    
    9Section 2.8 Assets of Trust
    
    
    12Section 2.9 Title to Trust Property
    
    
    12ARTICLE IIIPAYMENT ACCOUNTSection 3.1 Payment Account
    
    
    12ARTICLE IVDISTRIBUTIONS; REDEMPTIONSection 4.1 Distributions
    
    
    12Section 4.2 Redemption
    
    
    13Section 4.3 Ranking of Trust Securities
    
    
    15Section 4.4 Payment Procedures
    
    
    15Section 4.5 Tax Returns and Reports
    
    
    15Section 4.6 Payment of Expenses of the Issuer Trust
    
    
    16Section 4.7 Payment of Taxes, Duties, Etc. of the Trust
    
    
    16Section 4.8 Payments under Indenture or Pursuant to Direct Actions
    
    
    16Section 4.9 Exchanges
    
    
    16ARTICLE VTRUST SECURITIES CERTIFICATESSection 5.1 Initial Ownership
    
    
    17Section 5.2 The Trust Securities Certificates
    
    
    17
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PageSection 5.3 Execution and Delivery of Trust Securities Certificates
    
    
    17Section 5.4 Registration of Transfer and Exchange of Capital Securities Certificates
    
    
    17Section 5.5 Mutilated, Destroyed, Lost or Stolen Trust Securities Certificates
    
    
    19Section 5.6 Persons Deemed Holders
    
    
    19Section 5.7 Access to List of Holders Names and Addresses
    
    
    19Section 5.8 Maintenance of Office or Agency
    
    
    19Section 5.9 Appointment of Paying Agent
    
    
    19Section 5.10 Ownership of Common Securities by Depositor
    
    
    20Section 5.11 Book-Entry Capital Securities Certificates; Common Securities Certificate
    
    
    20Section 5.12 Notices to Clearing Agency
    
    
    21Section 5.13 Definitive Capital Securities Certificates
    
    
    21Section 5.14 Rights of Holders; Waivers of Past Defaults
    
    
    21Section 5.15 CUSIP Numbers
    
    
    23ARTICLE VIACTS OF HOLDERS; MEETINGS; VOTINGSection 6.1 Limitations on Voting Rights
    
    
    23Section 6.2 Notice of Meetings
    
    
    24Section 6.3 Meetings of Holders of the Capital Securities
    
    
    24Section 6.4 Voting Rights
    
    
    24Section 6.5 Proxies, etc
    
    
    24Section 6.6 Holder Action by Written Consent
    
    
    24Section 6.7 Record Date for Voting and Other Purposes
    
    
    25Section 6.8 Acts of Holders
    
    
    25Section 6.9 Inspection of Records
    
    
    25ARTICLE VIIREPRESENTATIONS AND WARRANTIESSection 7.1 Representations and Warranties of the Property Trustee and the Delaware Trustee
    
    
    26Section 7.2 Representations and Warranties of Depositor
    
    
    27ARTICLE VIIITHE ISSUER TRUSTEESSection 8.1 Certain Duties and Responsibilities
    
    
    27Section 8.2 Certain Notices
    
    
    29Section 8.3 Certain Rights of Property Trustee
    
    
    29Section 8.4 Issuer Trustees Not Responsible for Recitals or Issuance of Securities
    
    
    31Section 8.5 Issuer Trustees May Hold Securities
    
    
    31Section 8.6 Compensation; Indemnity; Fees
    
    
    31Section 8.7 Corporate Property Trustee Required; Eligibility of Issuer Trustees
    
    
    32Section 8.8 Conflicting Interests
    
    
    32Section 8.9 Co-Trustees and Separate Trustee
    
    
    32Section 8.10 Resignation and Removal; Appointment of Successor
    
    
    33Section 8.11 Acceptance of Appointment by Successor
    
    
    34Section 8.12 Merger, Conversion, Consolidation or Succession to Business
    
    
    35Section 8.13 Preferential Collection of Claims Against Depositor or Issuer Trust
    
    
    35
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PageSection 8.14 Trustee May File Proofs of Claim
    
    
    35Section 8.15 Reports by Property Trustee
    
    
    36Section 8.16 Reports to the Property Trustee
    
    
    36Section 8.17 Evidence of Compliance with Conditions Precedent
    
    
    36Section 8.18 Number of Issuer Trustees
    
    
    36Section 8.19 Delegation of Power
    
    
    36ARTICLE IXDISSOLUTION, LIQUIDATION AND MERGERSection 9.1 Dissolution Events
    
    
    37Section 9.2 Dissolution
    
    
    37Section 9.3 Liquidation
    
    
    37Section 9.4 Mergers, Consolidations, Amalgamations or Replacements of Issuer Trust
    
    
    38ARTICLE XMISCELLANEOUS PROVISIONSSection 10.1 Limitation of Rights of Holders
    
    
    39Section 10.2 Amendment
    
    
    39Section 10.3 Separability
    
    
    40Section 10.4 Governing Law
    
    
    40Section 10.5 Payments Due on Non-Business Day
    
    
    40Section 10.6 Successors
    
    
    41Section 10.7 Headings
    
    
    41Section 10.8 Reports, Notices and Demands
    
    
    41Section 10.9 Agreement Not to Petition
    
    
    42Section 10.10 Trust Indenture Act; Conflict with Trust Indenture Act
    
    
    42Section 10.11 Acceptance of Terms of Trust Agreement, Guarantee Agreement and Indenture
    
    
    42Section 10.12 Counterparts
    
    
    42Section 10.13 Waiver of Jury Trial
    
    
    42Section 10.14 Force Majeure
    
    
    43
 
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AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT, SUPERIOR BANCORP, Depositor), THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., Property Trustee), BNY MELLON TRUST OF DELAWARE, Delaware Trustee), JAMES A. WHITE, WILLIAM H. CAUGHRAN, Administrative Trustee, Administrative Trustees) Issuer Trustees),
 WITNESSETH
 WHEREAS, Issuer Trust) Original Trust Agreement), Certificate of Trust);
 WHEREAS,
 NOW THEREFORE,
 ARTICLE I
 DEFINED TERMS
 Section 1.1 Definitions.
       1




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Act
 Additional Amount
 Additional Sums
 Administrative Trustee
 Affiliate
 Bankruptcy Event
   Bankruptcy Laws
 Board of Directors
 Book-Entry Capital Securities Certificate
 Book-Entry Capital Security
 Business Day
 2




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Capital Securities Certificate
 Capital Security
 Certificate Depository Agreement
 Certificate of Trust
 Clearing Agency
 Clearing Agency Participant
 Closing Date
 Code
 Commission
 Common Securities Certificate
 Common Security
 Corporate Trust Office th th
 Debenture Event of Default
 Debenture Redemption Date
 3




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Debenture Trustee
 Debentures
 Definitive Capital Securities Certificates
 Delaware Statutory Trust Act
 Delaware Trustee
 Depositor
 Depositor Affiliated Owner
 Depositor Bankruptcy Event
 Dissolution Event
 Distribution Date
 Distribution
Period
 Distributions
 DTC
 Event of Default
     4




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Exchange Act
 Exchange Agreement
 Federal Reserve
 Guarantee
 Holder
 Indenture
 Investment Company Act
 Issuer Trust
 Issuer Trustees
 Lien
 Like Amount
 Liquidation Amount
 5




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Liquidation Date
 Liquidation Distribution
 Majority in Liquidation Amount of the Capital Securities Majority in Liquidation Amount
of the Common Securities
 Officers Certificate
     Opinion of Counsel
 Original Trust Agreement
 Outstanding,
  provided
  provided, however,
 6




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Owner
 Paying Agent
 Payment Account
 Person
 Property Trustee Property Trustee
 Redemption Date provided
 Redemption Price
 Relevant Trustee
 Responsible Officer
 Securities Act
 Securities Register Securities Registrar
 Series A Preferred Stock
 Transfer
 7




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Trust Agreement
 Trust Indenture Act provided, however,
 Trust Property
 Trust Security
 Trust Securities Certificate
 Vice President,
 ARTICLE II
 CONTINUATION OF THE ISSUER TRUST
 Section 2.1 Name.
  Section 2.2 Office of the Delaware Trustee; Principal Place of Business.
  Section 2.3 Initial Contribution of Trust Property; Organizational Expenses.
  Section 2.4 Issuance of the Capital Securities.
  8




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Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures.
  Section 2.6 Declaration of Trust.
  Section 2.7 Authorization to Enter into Certain Transactions.
     9




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10




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11




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Section 2.8 Assets of Trust.
  Section 2.9 Title to Trust Property.
  ARTICLE III
 PAYMENT ACCOUNT
 Section 3.1 Payment Account.
   ARTICLE IV
 DISTRIBUTIONS; REDEMPTION
 Section 4.1 Distributions.
  12




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Distribution Date).
 per annum per annum
   Section 4.2 Redemption.
     13




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provided
 14




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Section 4.3 Ranking of Trust Securities.
 pro rata provided, however,
  Section 4.4 Payment Procedures.
  Section 4.5 Tax Returns and Reports.
  15




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Section 4.6 Payment of Expenses of the Issuer Trust.
  Section 4.7 Payment of Taxes, Duties, Etc. of the Trust.
 provided, however,
 Section 4.8 Payments under Indenture or Pursuant to Direct Actions.
  Section 4.9 Exchanges.
 Depositor
Affiliated Owner)
  16




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ARTICLE V
 TRUST SECURITIES CERTIFICATES
 Section 5.1 Initial Ownership.
  Section 5.2 The Trust Securities Certificates.
  Section 5.3 Execution and Delivery of Trust Securities Certificates.
  Section 5.4 Registration of Transfer and Exchange of Capital Securities Certificates.
 Securities Register) Securities Registrar),
  17




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provided (Transfer)
 18




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Section 5.5 Mutilated, Destroyed, Lost or Stolen Trust Securities Certificates.
  Section 5.6 Persons Deemed Holders.
  Section 5.7 Access to List of Holders Names and Addresses.
  Section 5.8 Maintenance of Office or Agency.
 th
 Section 5.9 Appointment of Paying Agent.
  19




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Section 5.10 Ownership of Common Securities by Depositor.
  Section 5.11 Book-Entry Capital Securities Certificates; Common Securities Certificate.
       20




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Section 5.12 Notices to Clearing Agency.
  Section 5.13 Definitive Capital Securities Certificates.
  Section 5.14 Rights of Holders; Waivers of Past Defaults.
   21




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provided
         provided
  22




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Direct Action).
  Section 5.15 CUSIP Numbers.
 provided
 ARTICLE VI
 ACTS OF HOLDERS; MEETINGS; VOTING
 Section 6.1 Limitations on Voting Rights.
  provided, however,
  23




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Section 6.2 Notice of Meetings.
  Section 6.3 Meetings of Holders of the Capital Securities.
    Section 6.4 Voting Rights.
  Section 6.5 Proxies, etc.
 provided
 Section 6.6 Holder Action by Written Consent.
  24




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Section 6.7 Record Date for Voting and Other Purposes.
  Section 6.8 Acts of Holders.
 Act
      Section 6.9 Inspection of Records.
  25




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ARTICLE VII
 REPRESENTATIONS AND WARRANTIES
 Section 7.1 Representations and Warranties of the Property Trustee and the Delaware
Trustee.
          26




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Section 7.2 Representations and Warranties of Depositor.
    ARTICLE VIII
 THE ISSUER TRUSTEES
 Section 8.1 Certain Duties and Responsibilities.
     27




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28




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Section 8.2 Certain Notices.
    Section 8.3 Certain Rights of Property Trustee.
   provided, however,
     29




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provided that
  provided
        30




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Section 8.4 Issuer Trustees Not Responsible for Recitals or Issuance of Securities.
  Section 8.5 Issuer Trustees May Hold Securities.
  Section 8.6 Compensation; Indemnity; Fees.
    Indemnified Person)
     31




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Section 8.7 Corporate Property Trustee Required; Eligibility of Issuer Trustees.
    Section 8.8 Conflicting Interests.
   Section 8.9 Co-Trustees and Separate Trustee.
  32




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Section 8.10 Resignation and Removal; Appointment of Successor.
 Relevant Trustee)
  33




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Section 8.11 Acceptance of Appointment by Successor.
  34




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Section 8.12 Merger, Conversion, Consolidation or Succession to Business.
 provided
 Section 8.13 Preferential Collection of Claims Against Depositor or Issuer Trust.
  Section 8.14 Trustee May File Proofs of Claim.
     35




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Section 8.15 Reports by Property Trustee.
   Section 8.16 Reports to the Property Trustee.
   Section 8.17 Evidence of Compliance with Conditions Precedent.
  Section 8.18 Number of Issuer Trustees.
    Section 8.19 Delegation of Power.
   36




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ARTICLE IX
 DISSOLUTION, LIQUIDATION AND MERGER
 Section 9.1 Dissolution Events.
 Dissolution Event:
     Section 9.2 Dissolution.
  Section 9.3 Liquidation.
     37




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Liquidation
Distribution). pro rata pro rata
 Section 9.4 Mergers, Consolidations, Amalgamations or Replacements of Issuer Trust.
 provided, Successor Securities)
 38




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ARTICLE X
 MISCELLANEOUS PROVISIONS
 Section 10.1 Limitation of Rights of Holders.
  Section 10.2 Amendment.
 provided, however,
  39




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Section 10.3 Separability.
  Section 10.4 Governing Law.
  Section 10.5 Payments Due on Non-Business Day.
  40




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Section 10.6 Successors.
  Section 10.7 Headings.
  Section 10.8 Reports, Notices and Demands.
  th
 provided, however,
 41




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Section 10.9 Agreement Not to Petition.
 Bankruptcy Laws)
 Section 10.10 Trust Indenture Act; Conflict with Trust Indenture Act.
    Section 10.11 Acceptance of Terms of Trust Agreement, Guarantee Agreement and
Indenture.
  Section 10.12 Counterparts.
  Section 10.13 Waiver of Jury Trial.
  42




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Section 10.14 Force Majeure.
  43




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IN WITNESS WHEREOF,
 SUPERIOR BANCORP,as DepositorBy:
    
    /s/ James A. WhiteName:
    
    James A. WhiteTitle:
    
    Chief Financial OfficerTHE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,as Property TrusteeBy:
    
    /s/ Charles S. Northen IVName:
    
    Charles S. Northen IVTitle:
    
    Authorized SignatoryBNY MELLON TRUST OF DELAWARE,as Delaware TrusteeBy:
    
    /s/ Kristine K. GulloName:
    
    Kristine K. GulloTitle:
    
    Vice President
 /s/ James A. WhiteJames A. White,as Administrative Trustee/s/ William H. CaughranWilliam H. Caughran,as Administrative Trustee 44




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EXHIBIT A




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CERTIFICATE OF TRUST
OF
SUPERIOR CAPITAL TRUST II
 et seq
 Name
 Delaware Trustee
 Effective Date
 Counterparts
  BNY MELLON TRUST OF DELAWARE,
As Delaware Trustee
not in its individual capacity but solely as trustee
of the trustBy:Name:Title:THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
As Property Trustee
not in its individual capacity but solely as trustee
of the trustBy:Name:Title: JAMES A. WHITE,as Administrative TrusteeWILLIAM H. CAUGHRAN,as Administrative Trustee




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EXHIBIT B
   Certificate Number
    
    Number of Common Securities
 
   Issuer Trust), Holder)      Common Securities). Trust
Agreement),
  IN WITNESS WHEREOF,
 SUPERIOR CAPITAL TRUST IIBy:Name:Title:
    Administrative Trustee




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THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
as Property TrusteeBy:Authorized Signatory




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EXHIBIT C
  [Include if required by Section 5.4 
  [Include if this is a Book-Entry Capital Securities Certificate




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Certificate Number
    
    Number of Capital SecuritiesCUSIP NO.
   Superior Capital Trust II
Fixed Rate Capital Securities
 (liquidation amount $1,000 per Capital Security)
 Issuer
Trust), Holder) Capital Securities).  Trust Agreement),  Guarantee Agreement),




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IN WITNESS WHEREOF,
 SUPERIOR CAPITAL TRUST IIBy:Name:Title:
    Administrative Trustee




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THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,
as Property TrusteeBy:Authorized Signatory




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Date:
    
    
    
    
    
    Signature:(Sign exactly as your name appears on the other side
of this Capital Security Certificate) The
signature(s) should be guaranteed by an eligible
guarantor institution (banks, stockbrokers, savings
and loan associations and credit unions with
membership in an approved signature guarantee
medallion program), pursuant to S.E.C. Rule 17Ad-15.