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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 19th largest bank in the state of Georgia. It is also the 1,122nd largest bank in the nation. It was established in 1891 and as of December of 2019, it had grown to 136 employees at 8 locations. PrimeSouth Bank has an A+ health rating.

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Health
A+

Data as of Q4 2019

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Health Grade Components

Overall
FDIC Certificate #5694
Year Established1891
Employees136
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.47%
Return on Equity - YTD12.79%
Annual Interest Income$33.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$685.7MM$574.8MM
LoansQ4 2019vs Q4 2018$548.6MM$450.4MM
DepositsQ4 2019vs Q4 2018$604.7MM$499.7MM
Equity CapitalQ4 2019vs Q4 2018$78.2MM$69.3MM
Loan Loss AllowanceQ4 2019vs Q4 2018$7.4MM$7.4MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.5MM$1.4MM
Real Estate OwnedQ4 2019vs Q4 2018$1.5MM$3.2MM
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%-$10kFree Kasasa Saver

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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