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PrimeSouth Bank


Overview / Commentary
www.primesouth.com
912-265-1710
710 Gloucester Street
Brunswick, GA 31520-7044

PrimeSouth Bank is headquartered in Blackshear and is the 15th largest bank in the state of Georgia. It is also the 894th largest bank in the nation. It was established in 1891 and as of March of 2022, it had grown to 145 employees at 8 locations. PrimeSouth Bank has an A health rating.

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Health
A

Data as of Q1 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #5694
Year Established1891
Employees145
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD13.54%
Annual Interest Income$9.5MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$1.11B$927.2MM
LoansQ1 2022vs Q1 2021$784.1MM$690.0MM
DepositsQ1 2022vs Q1 2021$1.02B$835.3MM
Equity CapitalQ1 2022vs Q1 2021$92.0MM$87.5MM
Loan Loss AllowanceQ1 2022vs Q1 2021$11.5MM$10.0MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$3.1MM$4.2MM
Real Estate OwnedQ1 2022vs Q1 2021$890.00K$1.2MM
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%*-$10kKasasa Saver
OTHER TIERS: 0.35% → $10k+

PrimeSouth Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*-$10kKasasa 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 Branch1795 Frederica Rd.Saint Simons Island, GA 31522
Atlantic National Bank Branch710 Gloucester StreetBrunswick, GA 31520
Fernandina Beach Br1500 Sadler RdFernandina Beach, FL 32034

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