Priorityone Bank
BankRegReports is independent of Priorityone Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Priorityone Bank is an FDIC-insured commercial bank headquartered in Magee, MS, established in 1975 (FDIC certificate 21906), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $1.18B, up 3.8% from Q2 2025, the 12th largest of 57 banks headquartered in Mississippi. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.89% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 21906
- Headquarters
- Magee, MS
- Established
- 1975
- Total assets, Q2 2026
- $1.18B
- Assets vs Q2 2025
- +3.8%
- Tier 1 leverage ratio, Q2 2026
- 11.89%
- Domestic offices
- 18 FDIC institution directory, current count
- Routing number
- 065302303
- Holding company
- PRIORITYONE CAPITAL CORPORATION
- Asset rank in state
- 12th of 57 in Mississippi
Problem loans are rising at Priorityone Bank. It reported $1.2 billion in assets at June 30, 2026, up 3.8% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.58% of loans from 0.46% a year earlier. It keeps 4.93 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 $2.14 a year on every $100 of assets, higher than about three-quarters of banks its size (median $1.29).
Its $272 million non-owner-occupied commercial real estate book is improving, with 3.18% past due or on nonaccrual, down from 4.93% a year earlier. Credit is the area to watch: it carries problem assets equal to 11.0% of the capital and reserves that would absorb them, about triple the median of 3.6% for banks its size.
As of June 30, 2026, Priorityone Bank reported a return on assets of 2.14%, a nonperforming-loan ratio of 1.58% and a Texas ratio of 10.99%. The figures come from its call report filed with the FFIEC.
Priorityone Bank ranks as the 12th largest of the 57 banks based in Mississippi, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 0.6% to $1.18B, loans rose 0.4% and deposits rose 1.4%. Non-owner-occupied commercial real estate loans made up 29.2% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 27.1%. The FDIC Summary of Deposits lists 17 offices for it, in 14 cities in MS; its Magee 2 offices book 17% of its branch deposits. By the capital ratios in its Q2 2026 call report, Priorityone Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 220 Main Ave N, Magee, MS 39111
- County
- Simpson
- Metro Area
- Jackson, MS
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- Limited trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 27, 1975
- Former names
- Citizens State Bank (1993-2003); Bank of Simpson County (1976-1993)
- Domestic offices
- 18 FDIC institution directory, current count
- Employees (FTE)
- 243
- Domestic deposits
- $1.03B
- Allowance for credit losses
- $13.5M
- Net charge-offs (YTD)
- $771K
- Average total assets
- $1.19B
- Average total loans
- $923.9M
- Average interest-bearing deposits
- $881.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 27, 1975
- FDIC Cert
- 21906
- Fed RSSD
- 956938
- Website
- www.priorityonebank.com →
- Parent Holding Company
- PRIORITYONE CAPITAL CORPORATION (RSSD 1084575)
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, Priorityone Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Priorityone Bank's total assets ranged from $1.06B (Q3 2023) to $1.19B (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
$1.18B total assets against $1.14B; $1.04B total liabilities against $1.01B.
$915.9M net loans and leases against $869.8M; $1.03B total deposits against $968.4M.
$179.4M securities against $171.2M; $24.3M cash and balances due against $38.6M.
$18.3M total interest income against $17.7M; $4.8M total interest expense against $5.0M.
$13.5M net interest income against $12.7M.
$3.5M total noninterest income against $3.3M; $10.1M total noninterest expense against $9.5M.
$649K provision for credit losses against $528K.
$6.4M net income against $5.9M.
2.14% return on assets against 2.08%; 4.93% net interest margin against 4.78%.
11.89% tier 1 leverage ratio against 11.61%.
Inside the full Priorityone Bank 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.
Priorityone Bank rankings
Its closest position to the top of a national ranking is 360 of 3,611, for ROA; its furthest is 800 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.42% (Q4 2024) to 2.14% (Q2 2026) and its net interest margin ran from 4.23% (Q3 2024) to 4.93% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.89% | 2.14% | 1.58% | 10.99% | 4.93% |
| Q1 2026 | 12.16% | 1.92% | 0.46% | 4.29% | 4.87% |
| Q4 2025 | 12.20% | 1.75% | 0.51% | 3.74% | 4.84% |
| Q3 2025 | 11.92% | 1.86% | 0.56% | 3.49% | 4.85% |
| Q2 2025 | 11.61% | 2.08% | 0.46% | 2.89% | 4.78% |
| Q1 2025 | 11.46% | 1.54% | 0.43% | 3.12% | 4.44% |
| Q4 2024 | 11.08% | 1.42% | 0.53% | 3.98% | 4.49% |
| Q3 2024 | 10.78% | 1.50% | 0.44% | 3.80% | 4.23% |
Swipe the table sideways to see every column.
Branch Network
View all 17 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 |
|---|---|---|---|
| Ridgeland Branch | Ridgeland , MS | 39157 | $119.3M |
| Collins Main Branch | Collins , MS | 39428 | $117.5M |
| Crossgates Branch | Brandon , MS | 39042 | $116.0M |
| Priorityone Bank (main office) | Magee , MS | 39111 | $111.7M |
| Mendenhall Branch | Mendenhall , MS | 39114 | $108.5M |
| Richland Branch | Richland , MS | 39218 | $99.7M |
| Magee Shopping Center Branch | Magee , MS | 39111 | $60.0M |
| Hattiesburg Branch | Hattiesburg , MS | 39402 | $59.6M |
| Morton Branch | Morton , MS | 39117 | $47.2M |
| Seminary Branch | Seminary , MS | 39479 | $42.5M |
| Pelahatchie Branch | Pelahatchie , MS | 39145 | $40.0M |
| Flowood Branch | Flowood , MS | 39232 | $36.9M |
| Priorityone Bank Branch | Sumrall , MS | 39482 | $22.6M |
| Hattiesburg Branch | Hattiesburg , MS | 39402 | $19.0M |
| Gluckstadt Branch | Madison , MS | 39110 | $12.9M |
| Purvis Branch | Purvis , MS | 39475 | $11.6M |
| Collins Branch | Collins , MS | 39428 | $5.5M |
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 |
|---|---|---|---|
| July 1, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 1, 1994 | Structure Change | Acquired Citizens Bank and Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 1, 1989 | Structure Change | Acquired State Bank and Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 28, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.2% of deposits in MS, rank 13 of 80 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 779 applications, 629 loans originated, $136.3M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 5 loans, $250K approved, $50K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (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
Add this badge to your website
Free to use. It shows Priorityone Bank’s latest filed figures and updates each quarter.
Similar banks
Compare Priorityone Bank with peers
Frequently asked about Priorityone Bank
What are Priorityone Bank's total assets?
As of the Q2 2026 filing, Priorityone Bank reported total assets of $1.18 billion in its FFIEC call report.
Where is Priorityone Bank headquartered?
It is headquartered in Magee, MS, United States.
When was Priorityone Bank founded?
It was established in 1975, per the FDIC institution directory.
Is Priorityone Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #21906). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Priorityone Bank?
Priorityone Bank's primary federal regulator is the Federal Reserve.
How many branches does Priorityone Bank operate?
It operates 18 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Priorityone Bank's Texas Ratio?
Its Texas Ratio is 10.99% 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 Priorityone Bank previously called?
The charter now named Priorityone Bank has also operated as Citizens State Bank (1993-2003), Bank of Simpson County (1976-1993), per FDIC structure-change records.
Go deeper on Priorityone Bank.
Get an email when Priorityone Bank files its next call report, and benchmark it against any peer you choose.
Unlock Priorityone Bank, freeFree account