Bank of the South


Overview / Commentary
850-456-5722
4410 W. Fairfield Drive
Pensacola, FL 32506

Bank of the South is headquartered in Pensacola and is the 92nd largest bank in the state of Florida. It is also the 4,140th largest bank in the nation. It was established in 1964 and as of September of 2021, it had grown to 15 employees at 2 locations. Bank of the South has an A+ health rating.

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Health
A+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Bank of the South has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #19125
Year Established1964
Employees15
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.13%
Return on Equity - YTD0.78%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$92.1MM$83.2MM
LoansQ3 2021vs Q3 2020$23.6MM$30.8MM
DepositsQ3 2021vs Q3 2020$77.5MM$68.5MM
Equity CapitalQ3 2021vs Q3 2020$14.6MM$14.7MM
Loan Loss AllowanceQ3 2021vs Q3 2020$247.00K$272.00K
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$0$0
Real Estate OwnedQ3 2021vs Q3 2020$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of the South Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--IRA Account
0.10%--Regular Savings Account
0.10%--Minor Savings Account

Bank of the South Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$2.5k*-Money Market Deposit Account
OTHER TIERS: 0.05% Up to $2.5k

Bank of the South Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Interest Checking Account

Bank of the South CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--12 Month CD
0.20%--6 Month CD
0.15%--3 Month CD

Bank of the South IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--12 Month IRA
0.20%--6 Month IRA
0.15%--3 Month IRA
Locations


Bank of the South Locations
Island Branch136 Fort Pickens RoadPensacola Beach, FL 32561
Bank Of The South4410 W. Fairfield DrivePensacola, FL 32506

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