Banksouth (Dothan, AL)
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Data as of · sourced from FFIEC call reports. How we update
Banksouth is an FDIC-insured commercial bank headquartered in Dothan, AL, established in 1928 (FDIC certificate 77), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $221.5M, up 5.2% from Q2 2025, the 59th largest of 93 banks headquartered in Alabama. It reports no CET1 ratio; its Tier 1 leverage ratio was 19.06% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 77
- Headquarters
- Dothan, AL
- Established
- 1928
- Total assets, Q2 2026
- $221.5M
- Assets vs Q2 2025
- +5.2%
- Tier 1 leverage ratio, Q2 2026
- 19.06%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 062105529
- Latest call report
- Q2 2026, FFIEC 051 · Banksouth call report
- Holding company
- BANCSOUTH CORPORATION
- Asset rank in state
- 59th of 93 in Alabama
Banksouth carries far more capital than most banks of its size. Its balance sheet stood at $221 million at June 30, 2026, up 5.2% from a year earlier; it is based in Dothan, Alabama. It funds 19.06% of its assets with Tier 1 capital, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 10.99%). It also carries problem assets equal to 0.1% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Profitability lags: it returns 7.9% a year on shareholders' equity, lower than about three-quarters of banks its size (median 12.5%).
As of June 30, 2026, Banksouth reported a return on assets of 1.50%, a nonperforming-loan ratio of 0.02% and a Texas ratio of 0.08%. The figures come from its call report filed with the FFIEC.
Of the 93 banks headquartered in Alabama, Banksouth is the 59th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.6% to $221.5M, loans rose 4.6% and deposits rose 1.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 61.2% of total loans, ahead of owner-occupied commercial real estate loans at 12.1%. The FDIC Summary of Deposits lists 2 offices for it, in Dothan, AL and Abbeville, AL; its Dothan office books 73% of its branch deposits. On its Q2 2026 call report, Banksouth meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 3251 Ross Clark Cir, Dothan, AL 36303
- County
- Houston
- Metro Area
- Dothan, AL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1928
- Former names
- Bank of the South (1988-1999)
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 24
- Domestic deposits
- $178.4M
- Allowance for credit losses
- $2.8M
- Net charge-offs (YTD)
- $0
- Average total assets
- $219.2M
- Average total loans
- $176.8M
- Average interest-bearing deposits
- $151.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 77
- Fed RSSD
- 194936
- Parent Holding Company
- BANCSOUTH CORPORATION (RSSD 1084061)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Banksouth reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Banksouth's total assets moved between a low of $202.5M (Q2 2024) and a high of $221.5M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$221.5M total assets against $210.4M; $180.0M total liabilities against $169.9M.
$178.6M net loans and leases against $167.5M; $178.4M total deposits against $168.8M.
$34.1M securities against $35.6M; $6.2M cash and balances due against $4.7M.
$3.0M total interest income against $2.8M; $854K total interest expense against $860K.
$2.1M net interest income against $1.9M.
$10K total noninterest income against $13K; $1.2M total noninterest expense against $1.1M.
No provision recorded in the last 12 quarters.
$822K net income against $748K.
1.50% return on assets against 1.41%; 3.90% net interest margin against 3.63%.
19.06% tier 1 leverage ratio against 19.28%.
Inside the full Banksouth terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Banksouth rankings
Its closest position to the top of a national ranking is 1,313 of 3,611, for ROA; its furthest is 3,257 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.20% (Q1 2025) to 1.64% (Q3 2025) and its net interest margin ran from 3.44% (Q1 2025) to 3.90% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 19.06% | 1.50% | 0.02% | 0.08% | 3.90% |
| Q1 2026 | 19.41% | 1.27% | 0.02% | 0.08% | 3.73% |
| Q4 2025 | 19.48% | 1.50% | 0.02% | 0.08% | 3.88% |
| Q3 2025 | 19.58% | 1.64% | 0.02% | 0.08% | 3.85% |
| Q2 2025 | 19.28% | 1.41% | 0.02% | 0.09% | 3.63% |
| Q1 2025 | 19.30% | 1.20% | 0.02% | 0.09% | 3.44% |
| Q4 2024 | 19.40% | 1.48% | 0.02% | 0.09% | 3.61% |
| Q3 2024 | 20.02% | 1.38% | 0.02% | 0.09% | 3.46% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Banksouth (main office) | Dothan , AL | 36303 | $129.5M |
| Abbeville Branch | Abbeville , AL | 36310 | $48.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| May 7, 1988 | Structure Change | Acquired Bank of the South Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 6, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in AL, rank 86 of 131 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Banksouth
What are Banksouth's total assets?
As of the Q2 2026 filing, Banksouth reported total assets of $221.5 million in its FFIEC call report.
Where is Banksouth headquartered?
It is headquartered in Dothan, AL, United States.
When was Banksouth founded?
It was established in 1928, per the FDIC institution directory.
Is Banksouth FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #77). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Banksouth?
Banksouth's primary federal regulator is the FDIC.
How many branches does Banksouth operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Banksouth's Texas Ratio?
Its Texas Ratio is 0.08% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Banksouth previously called?
The charter now named Banksouth has also operated as Bank of the South (1988-1999), per FDIC structure-change records.
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