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PrimeSouth Bank


Overview / Commentary
www.primesouth.com
912-265-1710
710 Gloucester Street
Brunswick, GA 31520

PrimeSouth Bank is headquartered in Blackshear and is the 18th largest bank in the state of Georgia. It is also the 1,074th largest bank in the nation. It was established in 1891 and as of March of 2020, it had grown to 146 employees at 8 locations. PrimeSouth Bank has an A+ health rating.

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Health
A+

Data as of Q1 2020

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Health Grade Components

Overall
FDIC Certificate #5694
Year Established1891
Employees146
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD9.39%
Annual Interest Income$8.7MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$729.7MM$630.5MM
LoansQ1 2020vs Q1 2019$588.0MM$477.8MM
DepositsQ1 2020vs Q1 2019$646.1MM$550.0MM
Equity CapitalQ1 2020vs Q1 2019$80.0MM$71.4MM
Loan Loss AllowanceQ1 2020vs Q1 2019$7.7MM$7.7MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$1.4MM$2.4MM
Real Estate OwnedQ1 2020vs Q1 2019$1.5MM$2.5MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

PrimeSouth Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*-$10kFree Kasasa Saver
OTHER TIERS: 0.35% → $10k+

PrimeSouth Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*-$10kFree Kasasa Cash Checking
OTHER TIERS: 0.35% → $10k+
Locations


PrimeSouth Bank Locations
Primesouth Bank-Brunswick Branch101 Hyde Park CommonsBrunswick, GA 31523
Primesouth Bank3473 Us Hwy 84Blackshear, GA 31516
Primesouth Branch - Jesup375 W. Cherry StreetJesup, GA 31545
Psb Waycross Branch530 Memorial DriveWaycross, GA 31501
Brunswick Branch128 Altama ConnectorBrunswick, GA 31525
St. Simons Branch1663 Frederica RoadSt. Simons Island, GA 31522
Atlantic National Bank Branch710 Gloucester StreetBrunswick, GA 31520
Fernandina Beach Br1500 Sadler RoadFernandina Beach, FL 32055

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