Primesouth Bank
BankRegReports is independent of Primesouth Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Primesouth Bank is an FDIC-insured commercial bank headquartered in Blackshear, GA, established in 1891 (FDIC certificate 5694), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.60B, up 13.7% from Q2 2025, the 10th largest of 121 banks headquartered in Georgia. Its CET1 capital ratio was 14.63% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 5694
- Headquarters
- Blackshear, GA
- Established
- 1891
- Total assets, Q2 2026
- $1.60B
- Assets vs Q2 2025
- +13.7%
- CET1 ratio, Q2 2026
- 14.63%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 061203655
- Latest call report
- Q2 2026, FFIEC 051 · Primesouth Bank call report
- Holding company
- PRIMESOUTH BANCSHARES, INC.
- Asset rank in state
- 10th of 121 in Georgia
Problem loans are rising at Primesouth Bank. Based in Blackshear, Georgia, it had $1.6 billion in assets at June 30, 2026, up 13.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.24% of loans from 0.59% a year earlier. It keeps 4.74 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 earns about $2.02 a year on every $100 of assets, higher than about three-quarters of banks its size (median $1.29).
Net income for the quarter rose 10% from a year earlier, to $7.7 million. Over the same year, loans grew 16.2% and deposits grew 8.1%. Credit is the area to watch: it carries problem assets equal to 8.6% of the capital and reserves that would absorb them, 2.4 times the median of 3.6% for banks its size.
As of June 30, 2026, Primesouth Bank reported a CET1 capital ratio of 14.63%, a return on assets of 2.02%, a nonperforming-loan ratio of 1.48% and a Texas ratio of 8.58%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Primesouth Bank is the 10th largest of the 121 banks headquartered in Georgia. From Q1 2026 to Q2 2026, its total assets rose 4.1% to $1.60B, loans rose 4.6% and deposits rose 1.6%. 1-4 family residential loans made up 33.7% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 20.5%. The FDIC Summary of Deposits lists 8 offices for it, in 6 cities across 2 states; its Brunswick 3 offices book 21% of its branch deposits. On its Q2 2026 call report, Primesouth Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 3473 Us Highway 84, Blackshear, GA 31516
- County
- Pierce
- Metro Area
- Waycross, GA
- 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, 1891
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 170
- Domestic deposits
- $1.33B
- Allowance for credit losses
- $19.1M
- Net charge-offs (YTD)
- $222K
- Average total assets
- $1.52B
- Average total loans
- $1.30B
- Average interest-bearing deposits
- $1.01B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 2, 1934
- FDIC Cert
- 5694
- Fed RSSD
- 1011638
- Parent Holding Company
- PRIMESOUTH BANCSHARES, INC. (RSSD 1841321)
- Ultimate Parent
- JONES BANCSHARES, L.P. (RSSD 2135812)
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
Primesouth Bank's total assets moved between a low of $1.20B (Q3 2023) and a high of $1.60B (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
$1.60B total assets against $1.41B; $1.43B total liabilities against $1.26B.
$1.30B net loans and leases against $1.12B; $1.33B total deposits against $1.23B.
$121.8M securities against $122.8M; $140.2M cash and balances due against $130.6M.
$23.6M total interest income against $21.5M; $6.0M total interest expense against $5.7M.
$17.6M net interest income against $15.9M.
$2.7M total noninterest income against $2.1M; $9.3M total noninterest expense against $8.4M.
$946K provision for credit losses against $458K.
$7.7M net income against $7.0M.
2.02% return on assets against 2.06%; 4.74% net interest margin against 4.79%.
14.63% CET1 capital ratio against 14.80%; 12.03% tier 1 leverage ratio against 11.57%.
Inside the full Primesouth Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePrimesouth Bank rankings
Its closest position to the top of a national ranking is 396 of 3,606, for efficiency ratio; its furthest is 964 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.61% (Q3 2024) to 2.08% (Q3 2025) and its net interest margin ran from 4.26% (Q3 2024) to 4.80% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.63% | 2.02% | 1.48% | 8.58% | 4.74% |
| Q1 2026 | 14.56% | 1.92% | 1.12% | 6.03% | 4.68% |
| Q4 2025 | 14.66% | 2.06% | 0.74% | 5.21% | 4.77% |
| Q3 2025 | 14.54% | 2.08% | 0.64% | 4.65% | 4.80% |
| Q2 2025 | 14.80% | 2.06% | 0.59% | 4.11% | 4.79% |
| Q1 2025 | 14.58% | 1.92% | 0.54% | 3.85% | 4.59% |
| Q4 2024 | 14.19% | 1.95% | 0.51% | 3.80% | 4.45% |
| Q3 2024 | 13.63% | 1.61% | 0.43% | 3.20% | 4.26% |
Swipe the table sideways to see every column.
Branch Network
View all 8 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 |
|---|---|---|---|
| Primesouth Branch - Jesup | Jesup , GA | 31545 | $276.4M |
| Primesouth Bank (main office) | Blackshear , GA | 31516 | $257.8M |
| Psb Waycross Branch | Waycross , GA | 31501 | $245.4M |
| Fernandina Beach Branch | Fernandina Beach , FL | 32034 | $163.8M |
| Atlantic National Bank Branch | Brunswick , GA | 31520 | $118.9M |
| St Simons Branch | Saint Simons Island , GA | 31522 | $103.1M |
| Primesouth Bank-Brunswick Branch | Brunswick , GA | 31523 | $100.2M |
| Brunswick Branch | Brunswick , GA | 31525 | $61.5M |
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 9, 2017 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 9, 2017 | Structure Change | Acquired Atlantic National 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.
- Enforcement actions
- 1 against the institution (Federal Reserve); 5 against individuals associated with it
- December 28, 1992, Federal Reserve: Cease and Desist Order: Blackshear Bank, Blackshear, GA
- Period: Most recent institution action December 28, 1992. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in GA, rank 29 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $4.2M approved, $839K 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
- 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
Add this badge to your website
Free to use. It shows Primesouth Bank’s latest filed figures and updates each quarter.
Similar banks
Compare Primesouth Bank with peers
Frequently asked about Primesouth Bank
What are Primesouth Bank's total assets?
As of the Q2 2026 filing, Primesouth Bank reported total assets of $1.60 billion in its FFIEC call report.
Where is Primesouth Bank headquartered?
It is headquartered in Blackshear, GA, United States.
When was Primesouth Bank founded?
It was established in 1891, per the FDIC institution directory.
Is Primesouth Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5694). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Primesouth Bank?
Primesouth Bank's primary federal regulator is the FDIC.
What is Primesouth Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.63% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Primesouth Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Primesouth Bank's Texas Ratio?
Its Texas Ratio is 8.58% 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.
Go deeper on Primesouth Bank.
Get an email when Primesouth Bank files its next call report, and benchmark it against any peer you choose.
Unlock Primesouth Bank, freeFree account