Banksouth (Greensboro, GA)
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Data as of · sourced from FFIEC call reports. How we update
Banksouth is an FDIC-insured savings institution headquartered in Greensboro, GA, established in 1946 (FDIC certificate 16418), and it is supervised by the OCC. At Q2 2026 it reported total assets of $1.59B, up 18.7% from Q2 2025, the 11th largest of 121 banks headquartered in Georgia. Its CET1 capital ratio was 14.07% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 16418
- Headquarters
- Greensboro, GA
- Established
- 1946
- Total assets, Q2 2026
- $1.59B
- Assets vs Q2 2025
- +18.7%
- CET1 ratio, Q2 2026
- 14.07%
- Domestic offices
- 10 FDIC institution directory, current count
- Routing number
- 061112364
- Holding company
- BANKSOUTH HOLDING COMPANY
- Asset rank in state
- 11th of 121 in Georgia
Problem loans are rising at Banksouth. Based in Greensboro, Georgia, it had $1.6 billion in assets at June 30, 2026, up 18.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.55% of loans from 0.09% a year earlier. It keeps 4.65 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). It also grew deposits 20.1% over the year, 4.0 times the median of 5.1% for banks its size.
Net income for the quarter rose 18% from a year earlier, to $6.6 million. Over the same year, loans grew 16.2% and deposits grew 20.1%. Costs are the weak spot: it spends about 69 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
As of June 30, 2026, Banksouth reported a CET1 capital ratio of 14.07%, a return on assets of 1.67%, a nonperforming-loan ratio of 0.55% and a Texas ratio of 3.90%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Banksouth is the 11th largest of the 121 banks headquartered in Georgia. From Q1 2026 to Q2 2026, its total assets fell 1.7% to $1.59B, loans rose 4.6% and deposits fell 2.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 49.7% of total loans, ahead of non-owner-occupied commercial real estate loans at 16.7%. Its 10 offices in the FDIC Summary of Deposits are in 9 cities in GA; its Greensboro 2 offices book 42% of its branch deposits. On its Q2 2026 call report, Banksouth meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 6340 Lake Oconee Pkwy, Greensboro, GA 30642
- County
- Greene
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- —
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 10, 1946
- Former names
- Citizens Union Bank (1977-2004)
- Domestic offices
- 10 FDIC institution directory, current count
- Employees (FTE)
- 303
- Domestic deposits
- $1.36B
- Allowance for credit losses
- $17.5M
- Net charge-offs (YTD)
- -$81K
- Average total assets
- $1.59B
- Average total loans
- $1.20B
- Average interest-bearing deposits
- $989.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 16418
- Fed RSSD
- 88231
- SEC CIK
- 1784431 → filed by BANKSOUTH HOLDING COMPANY
- Website
- www.banksouth.com →
- Parent Holding Company
- BANKSOUTH HOLDING COMPANY (RSSD 1134313)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Banksouth's total assets ran between $1.25B (Q3 2023) and $1.62B (Q1 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
$1.59B total assets against $1.34B; $1.42B total liabilities against $1.19B.
$1.22B net loans and leases against $1.05B; $1.36B total deposits against $1.13B.
$123.4M securities against $51.3M; $165.4M cash and balances due against $165.1M.
$23.3M total interest income against $20.0M; $5.8M total interest expense against $6.1M.
$17.5M net interest income against $13.9M.
$9.9M total noninterest income against $10.4M; $18.9M total noninterest expense against $17.2M.
$0 provision for credit losses against $0.
$6.6M net income against $5.6M.
1.67% return on assets against 1.67%; 4.65% net interest margin against 4.31%.
14.07% CET1 capital ratio against 14.71%; 10.17% tier 1 leverage ratio against 10.89%.
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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Banksouth rankings
Its closest position to the top of a national ranking is 703 of 4,196, for total assets; its furthest is 2,653 of 3,606, for efficiency ratio.
Banks merged into Banksouth
- State Bank of Cochran, effective October 1, 2025
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.35% (Q3 2025) to 1.72% (Q4 2024) and its net interest margin ran from 4.08% (Q3 2024) to 4.65% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.07% | 1.67% | 0.55% | 3.90% | 4.65% |
| Q1 2026 | 13.54% | 1.50% | 0.55% | 3.85% | 4.63% |
| Q4 2025 | 13.01% | 1.45% | 0.52% | 3.89% | 4.57% |
| Q3 2025 | 14.83% | 1.35% | 0.25% | 1.66% | 4.41% |
| Q2 2025 | 14.71% | 1.67% | 0.09% | 0.62% | 4.31% |
| Q1 2025 | 13.53% | 1.45% | 0.19% | 1.31% | 4.18% |
| Q4 2024 | 13.20% | 1.72% | 0.33% | 2.35% | 4.12% |
| Q3 2024 | 12.96% | 1.49% | 0.36% | 2.61% | 4.08% |
Swipe the table sideways to see every column.
Branch Network
View all 10 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) | Greensboro , GA | 30642 | $422.3M |
| Savannah Office Branch | Savannah , GA | 31401 | $222.7M |
| Forum Branch | Atlanta , GA | 30327 | $196.5M |
| Greensboro Branch | Greensboro , GA | 30642 | $148.0M |
| Watkinsville Branch | Watkinsville , GA | 30677 | $140.6M |
| State Bank of Cochran Branch | Cochran , GA | 31014 | $128.2M |
| Dublin Branch | Dublin , GA | 31021 | $40.1M |
| Wrightsville Branch | Wrightsville , GA | 31096 | $39.9M |
| Dexter Branch | Dexter , GA | 31019 | $24.3M |
| Hyundai Metaplant Branch | Ellabell , GA | 31308 | $319K |
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 |
|---|---|---|---|
| October 1, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2025 | Structure Change | Acquired State Bank of Cochran Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 5, 2011 | Structure Change | Acquired North Georgia Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| February 4, 2011 | Merger | Participated in FDIC Assisted Merger | FDIC |
| March 3, 1977 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 3, 1977 | Structure Change | Acquired Bank of Union Point Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.4% of deposits in GA, rank 28 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 253 applications, 200 loans originated, $88.9M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $300K approved, $300K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 $1.59 billion in its FFIEC call report.
Where is Banksouth headquartered?
It is headquartered in Greensboro, GA, United States.
When was Banksouth founded?
It was established in 1946, per the FDIC institution directory.
Is Banksouth FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #16418). 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 OCC.
What is Banksouth's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.07% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Banksouth operate?
It operates 10 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 3.90% 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 Citizens Union Bank (1977-2004), per FDIC structure-change records.
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