PrimeSouth Bank

Blackshear, GA
IDRSSD: 1011638
Total Assets
$1.47B
Latest filing
Total Deposits
$1.25B
Latest filing
Net Interest Margin
4.71%
Profitability

Locations

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Main Office
PrimeSouth Bank
3473 Us Highway 84
Blackshear, GA 31516
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1891FDIC Certificate 3878

Branches (7)

Page 1 of 1
NameAddressCity / State
PrimeSouth Bank (Main)3473 Us Highway 84Blackshear, GA
PSB WAYCROSS BRANCH530 Memorial DrWaycross, GA
ST SIMONS BRANCH1795 Frederica RdSaint Simons Island, GA
BRUNSWICK BRANCH128 Altama ConnectorBrunswick, GA
PRIMESOUTH BRANCH - JESUP375 W Cherry StJesup, GA
PRIMESOUTH BANK-BRUNSWICK BRANCH101 Hyde Park CmnsBrunswick, GA
ATLANTIC NATIONAL BANK BRANCH710 Gloucester StBrunswick, GA
FERNANDINA BEACH BRANCH1500 Sadler RdFernandina Beach, FL
Showing 7 of 7

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1891
Community BankYes
Ownership TypeNot Mutual
ZIP31516
State and County Number13229
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameWaycross, GA

Operational Info

Number of Employees170
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance06/02/1934
Primary Insurance AgencyDIF
Websitehttp://https://www.primesouth.com
Data Updated11/14/2025
CERT5694
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.47B
Total Deposits$1.25B
Total Liabilities$1.31B
Total Equity Capital$155.99M
Net Income$7.22M
Net Loans and Leases$1.18B
Assets Per Employee ($Millions)$8.6M
Bank Premises and Fixed Assets$10.93M
Cash and Balances due from Depository Institutions$126.50M
Deposits Held in Domestic Offices$1.25B

Key Performance Ratios

Return on Assets (ROA)2.01%
Return on Equity (ROE)19.06%
Net Interest Margin4.71%
Efficiency Ratio44.11%
Tier 1 Risk-Based Capital Ratio14.545%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.608%
Earning Assets to total Assets96.34%

Income and Expense

Total Interest Income$22.36M
Total Noninterest Income$2.23M
Total Interest Expense$6.02M
Total Noninterest Expense$8.42M
Net Interest Income$16.34M
Pre-tax Net Operating Income$9.47M
Provision for Credit Losses$675.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$285.00k
Other borrowed funds$55.00M
Federal Funds Sold & Reverse Repurchase Agreement$1.03M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.30M
Total Liabilities and Capital$1.47B

Securities

Securities$124.56M
Available-for-sale debt securities$124.56M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of PrimeSouth Bank?
$1.47B as of the latest filing.
How much are PrimeSouth Bank's total deposits?
$1.25B in total deposits.
Where is PrimeSouth Bank located?
Blackshear, GA.
What is the Net Interest Margin?
4.71%.
How many domestic offices does it operate?
8.
When was it established?
01/01/1891.
What is the Return on Assets (ROA)?
2.01%.
How much are total loans and leases?
$1.18B (latest filing).
What is the total interest income (latest filing)?
$22.36M.