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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 889th largest bank in the nation. It was established in 1891 and as of June 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 Q2 2022

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Health Grade Components

Overall
FDIC Certificate #5694
Year Established1891
Employees145
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD14.84%
Annual Interest Income$20.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.11B$953.1MM
LoansQ2 2022vs Q2 2021$825.4MM$713.0MM
DepositsQ2 2022vs Q2 2021$1.02B$858.2MM
Equity CapitalQ2 2022vs Q2 2021$89.8MM$90.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$12.0MM$10.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.8MM$3.1MM
Real Estate OwnedQ2 2022vs Q2 2021$675.00K$991.00K
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 Highway 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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