South Georgia Bank
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Data as of · sourced from FFIEC call reports. How we update
South Georgia Bank is an FDIC-insured commercial bank headquartered in Glennville, GA, established in 1987 (FDIC certificate 32532), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $269.5M, up 8.0% from Q2 2025, the 74th largest of 121 banks headquartered in Georgia. Its CET1 capital ratio was 20.57% 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
- 32532
- Headquarters
- Glennville, GA
- Established
- 1987
- Total assets, Q2 2026
- $269.5M
- Assets vs Q2 2025
- +8.0%
- CET1 ratio, Q2 2026
- 20.57%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 261291247
- Latest call report
- Q2 2026, FFIEC 041 · South Georgia Bank call report
- Holding company
- SOUTH GROUP BANCSHARES, INC.
- Asset rank in state
- 74th of 121 in Georgia
South Georgia Bank is one of the more profitable banks of its size. Its balance sheet stood at $270 million at June 30, 2026, up 8.0% from a year earlier; it is based in Glennville, Georgia. It returns 21.0% a year on shareholders' equity, higher than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 12.5%). It also keeps 4.53 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.95 cents). Much of that comes from cost control: it spends about 51 cents to bring in each dollar of revenue.
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 0.16% of loans from 1.06%. The non-owner-occupied commercial real estate book ($28 million) is worsening: 16.87% of it is past due or on nonaccrual, up from 3.22% a year earlier. One more trend to watch: the commercial and industrial book ($19 million) is worsening: 3.81% of it is past due or on nonaccrual, up from 2.23% a year earlier.
As of June 30, 2026, South Georgia Bank reported a CET1 capital ratio of 20.57%, a return on assets of 1.84%, a nonperforming-loan ratio of 0.16% and a Texas ratio of 0.81%. The figures come from its call report filed with the FFIEC.
Of the 121 banks headquartered in Georgia, South Georgia Bank is the 74th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.7% to $269.5M, loans were flat and deposits rose 2.7%. 1-4 family residential loans made up 23.0% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 20.2%. The FDIC Summary of Deposits lists 5 offices for it, in 5 cities in GA; its Glennville office books 45% of its branch deposits. On its Q2 2026 call report, South Georgia Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 401 S Veterans Blvd, Glennville, GA 30427
- County
- Tattnall
- 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
- April 7, 1987
- Former names
- South Georgia Bank, FSB (1995-1997)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 47
- Domestic deposits
- $241.3M
- Allowance for credit losses
- $3.5M
- Net charge-offs (YTD)
- $169K
- Average total assets
- $267.9M
- Average total loans
- $136.4M
- Average interest-bearing deposits
- $157.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 32532
- Fed RSSD
- 995571
- Website
- www.southgabank.com →
- Parent Holding Company
- SOUTH GROUP BANCSHARES, INC. (RSSD 3049569)
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
From Q3 2023 to Q2 2026, South Georgia Bank's total assets ranged from $210.8M (Q3 2023) to $269.5M (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
$269.5M total assets against $249.5M; $245.7M total liabilities against $229.0M.
$133.7M net loans and leases against $127.2M; $241.3M total deposits against $223.8M.
$55.8M securities against $52.7M; $71.8M cash and balances due against $61.8M.
$3.6M total interest income against $3.4M; $768K total interest expense against $860K.
$2.8M net interest income against $2.6M.
$416K total noninterest income against $392K; $1.7M total noninterest expense against $1.7M.
$80K provision for credit losses against $30K.
$1.2M net income against $1.2M.
1.84% return on assets against 1.86%; 4.53% net interest margin against 4.39%.
20.57% CET1 capital ratio against 19.82%; 10.60% tier 1 leverage ratio against 10.70%.
Inside the full South Georgia Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeSouth Georgia Bank rankings
Its closest position to the top of a national ranking is 305 of 2,134, for CET1 ratio; its furthest is 2,794 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.84% (Q1 2026) to 2.01% (Q3 2024) and its net interest margin ran from 4.07% (Q1 2025) to 4.53% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.57% | 1.84% | 0.16% | 0.81% | 4.53% |
| Q1 2026 | 20.41% | 1.84% | 0.76% | 3.97% | 4.33% |
| Q4 2025 | 19.79% | 1.86% | 1.51% | 8.06% | 4.52% |
| Q3 2025 | 19.57% | 1.84% | 1.01% | 5.45% | 4.39% |
| Q2 2025 | 19.82% | 1.86% | 1.06% | 5.91% | 4.39% |
| Q1 2025 | 20.36% | 1.85% | 1.27% | 6.51% | 4.07% |
| Q4 2024 | 20.52% | 1.98% | 0.58% | 3.09% | 4.30% |
| Q3 2024 | 20.01% | 2.01% | 0.29% | 1.46% | 4.30% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| South Georgia Bank (main office) | Glennville , GA | 30427 | $109.5M |
| Reidsville Branch | Reidsville , GA | 30453 | $68.9M |
| Claxton Branch | Claxton , GA | 30417 | $42.9M |
| Hinesville Branch | Hinesville , GA | 31313 | $13.1M |
| Augusta Branch | Augusta , GA | 30909 | $6.9M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve). These actions name the parent holding company, SOUTH GROUP BANCSHARES, INC., not the bank itself
- August 31, 2010, Federal Reserve: Written Agreement: South Group Bancshares, Inc., Glennville, Georgia
- Period: Most recent institution action August 31, 2010. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in GA, rank 100 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 134 applications, 123 loans originated, $23.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $3.6M approved, $3.6M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 South Georgia Bank
What are South Georgia Bank's total assets?
As of the Q2 2026 filing, South Georgia Bank reported total assets of $269.5 million in its FFIEC call report.
Where is South Georgia Bank headquartered?
It is headquartered in Glennville, GA, United States.
When was South Georgia Bank founded?
It was established in 1987, per the FDIC institution directory.
Is South Georgia Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #32532). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates South Georgia Bank?
South Georgia Bank's primary federal regulator is the FDIC.
What is South Georgia Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.57% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does South Georgia Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is South Georgia Bank's Texas Ratio?
Its Texas Ratio is 0.81% 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 South Georgia Bank previously called?
The charter now named South Georgia Bank has also operated as South Georgia Bank, FSB (1995-1997), per FDIC structure-change records.
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