Pineland Bank
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Data as of · sourced from FFIEC call reports. How we update
Pineland Bank is an FDIC-insured commercial bank headquartered in Alma, GA, established in 1939 (FDIC certificate 15699), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $597.1M, up 3.1% from Q2 2025, the 30th largest of 121 banks headquartered in Georgia. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.48% 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
- 15699
- Headquarters
- Alma, GA
- Established
- 1939
- Total assets, Q2 2026
- $597.1M
- Assets vs Q2 2025
- +3.1%
- Tier 1 leverage ratio, Q2 2026
- 10.48%
- Domestic offices
- 9 FDIC institution directory, current count
- Routing number
- 061211964
- Latest call report
- Q2 2026, FFIEC 041 · Pineland Bank call report
- Holding company
- SOUTH BANKING COMPANY
- Asset rank in state
- 30th of 121 in Georgia
Pineland Bank earns an unusually wide margin on its lending. Its balance sheet stood at $597 million at June 30, 2026, up 3.1% from a year earlier; it is based in Alma, Georgia. It keeps 5.13 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also pays an average of 1.25% on its deposits and borrowings, lower than about three-quarters of banks its size (median 1.80%).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.10% of loans from 0.81%. Its $83 million non-owner-occupied commercial real estate book is now fully current, after 1.25% of it was past due or on nonaccrual a year earlier.
As of June 30, 2026, Pineland Bank reported a return on assets of 1.68%, a nonperforming-loan ratio of 0.49% and a Texas ratio of 0.65%. The figures come from its call report filed with the FFIEC.
Pineland Bank ranks as the 30th largest of the 121 banks based in Georgia, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 4.8% to $597.1M, loans rose 1.8% and deposits rose 5.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 24.4% of total loans, ahead of non-owner-occupied commercial real estate loans at 19.7%. Its 9 offices in the FDIC Summary of Deposits are in 7 cities across 2 states; its Alma 2 offices book 25% of its branch deposits. On its Q2 2026 call report, Pineland Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 501 W 12th St, Alma, GA 31510
- County
- Bacon
- 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 041
- Established
- October 1, 1939
- Former names
- Alma Exchange Bank & Trust (1975-2016)
- Domestic offices
- 9 FDIC institution directory, current count
- Employees (FTE)
- 97
- Domestic deposits
- $532.6M
- Allowance for credit losses
- $7.4M
- Net charge-offs (YTD)
- $173K
- Average total assets
- $579.7M
- Average total loans
- $419.6M
- Average interest-bearing deposits
- $342.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- November 16, 1939
- FDIC Cert
- 15699
- Fed RSSD
- 6039
- SEC CIK
- 351566 → filed by SOUTH BANKING COMPANY
- Website
- www.pineland.bank →
- Parent Holding Company
- SOUTH BANKING COMPANY (RSSD 1081622)
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, Pineland Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Pineland Bank's total assets ran between $429.6M (Q3 2023) and $597.1M (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
$597.1M total assets against $578.9M; $536.7M total liabilities against $526.8M.
$416.4M net loans and leases against $396.7M; $532.6M total deposits against $521.9M.
$58.6M securities against $55.5M; $101.3M cash and balances due against $106.8M.
$8.8M total interest income against $8.9M; $1.6M total interest expense against $2.0M.
$7.2M net interest income against $6.9M.
$711K total noninterest income against $614K; $4.5M total noninterest expense against $4.4M.
$118K provision for credit losses against $294K.
$2.4M net income against $2.1M.
1.68% return on assets against 1.50%; 5.13% net interest margin against 5.09%.
10.48% tier 1 leverage ratio against 9.28%.
Inside the full Pineland Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePineland Bank rankings
Its closest position to the top of a national ranking is 940 of 3,611, for ROA; its furthest is 2,880 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.29% (Q3 2024) to 1.73% (Q4 2025) and its net interest margin ran from 5.04% (Q1 2025) to 5.23% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.48% | 1.68% | 0.49% | 0.65% | 5.13% |
| Q1 2026 | 10.31% | 1.68% | 0.08% | 5.53% | 5.15% |
| Q4 2025 | 9.75% | 1.73% | 1.86% | 3.16% | 5.12% |
| Q3 2025 | 9.44% | 1.68% | 0.95% | 2.19% | 5.23% |
| Q2 2025 | 9.28% | 1.50% | 0.81% | 5.61% | 5.09% |
| Q1 2025 | 9.29% | 1.50% | 0.79% | 5.59% | 5.04% |
| Q4 2024 | 9.32% | 1.47% | 0.88% | 6.26% | 5.16% |
| Q3 2024 | 9.73% | 1.29% | 0.77% | 5.24% | 5.18% |
Swipe the table sideways to see every column.
Branch Network
View all 9 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 |
|---|---|---|---|
| Pineland Bank (main office) | Alma , GA | 31510 | $133.5M |
| Baxley Branch | Baxley , GA | 31513 | $120.6M |
| Douglas Branch | Douglas , GA | 31533 | $108.9M |
| Metter Branch | Metter , GA | 30439 | $61.9M |
| Downtown Fernandina Beach Branch | Fernandina Beach , FL | 32034 | $46.1M |
| Kingsland Branch | Kingsland , GA | 31548 | $35.4M |
| Kings Bay Branch | Saint Marys , GA | 31558 | $26.4M |
| Drive-In Branch | Alma , GA | 31510 | $0 |
| Lanier Street Branch | Metter , GA | 30439 | $0 |
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 |
|---|---|---|---|
| September 1, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 1, 2016 | Structure Change | Acquired Citizens State Bank 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 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in GA, rank 54 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $3.6M approved, $715K 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, Mortgage lending (HMDA), 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 Pineland Bank
What are Pineland Bank's total assets?
As of the Q2 2026 filing, Pineland Bank reported total assets of $597.1 million in its FFIEC call report.
Where is Pineland Bank headquartered?
It is headquartered in Alma, GA, United States.
When was Pineland Bank founded?
It was established in 1939, per the FDIC institution directory.
Is Pineland Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15699). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Pineland Bank?
Pineland Bank's primary federal regulator is the FDIC.
How many branches does Pineland Bank operate?
It operates 9 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Pineland Bank's Texas Ratio?
Its Texas Ratio is 0.65% 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 Pineland Bank previously called?
The charter now named Pineland Bank has also operated as Alma Exchange Bank & Trust (1975-2016), per FDIC structure-change records.
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