PeoplesSouth Bank in Colquitt, Georgia (GA), AL, FL
Overview, Financial Summary, Detailed Financial Reports, Branches

PeoplesSouth Bank - Overview

  • General
  • FDIC Certificate #: 21292
    Status: Active
    Federal Reserve ID: 518037
    Bank Holding Company (Regulatory Top Holder): Peoplessouth Bancshares, Inc. (RSSDID: 1866155, Location: Colquitt, GA)
    Date Established: October 19, 1973
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 19 (Domestic: 19, Interstate: Yes)
    OTS Docket #: 15773
    FDIC's unique #: 14733
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 19, 1973
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 203 Crawford Street, Colquitt, GA 39837
    County: Miller
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $534.5 mil
    Equity capital: $49.8 mil
    Deposits held in domestic offices: $446.4 mil
    Return on assets (ROA): 0.51% ($2.7 mil)
    Quarterly return on assets: 0.56% ($3.0 mil)
    Return on Equity (ROE): 5.81% ($2.9 mil)
    Quarterly return on equity: 6.01% ($3.0 mil)
    Net income: $2.7 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.77% ($4,115.8 mil)
    Quarterly Pretax return on assets: 1.00% ($5,345.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 107Total employees (full-time equivalent)
  • $534,523Total assets
  • $34,863Cash and due from depository institutions
  • $29,911Interest-bearing balances
  • $144,066Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $315,633Net loans & leases
  • $6,264Loan loss allowance
  • $0Trading account assets
  • $13,052Bank premises and fixed assets
  • $17,348Other real estate owned
  • $0Goodwill and other intangibles
  • $534,523Life insurance assets
  • $9,561All other assets
  • $484,702Total liabilities and capital
  • $446,350Total liabilities
  • $389,012Total deposits
  • $446,350Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $37,000Trading liabilities
  • $0Other borrowed funds
  • $1,352Subordinated debt
  • $49,821All other liabilities
  • $49,821Total equity capital
  • $49,821Total bank equity capital
  • $0Perpetual preferred stock
  • $1,095Common stock
  • $42,905Surplus
  • $5,821Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,615Income earned, not collected on loans
  • $0Earning assets
  • $2,641Long-term assets (5+ years)
  • $489,610Average Assets, year-to-date
  • $149,331Average Assets, quarterly
  • $537,895Volatile liabilities
  • $530,784Insider loans
  • $355,843FHLB advances
  • $536,165Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $48,617Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,923Restructured Loans and leases
  • $4,710Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,861Total interest income
  • $6,590Total interest expense
  • $16,271Net interest income
  • $2,320Provision for loan and lease losses
  • $2,454Total noninterest income
  • $0Fiduciary activities
  • $1,461Service charges on deposit accounts
  • $0Trading account gains & fees
  • $993Additional noninterest income
  • $13,077Total noninterest expense
  • $5,214Salaries and employee benefits
  • $1,243Premises and equipment expense
  • $6,620Additional noninterest expense
  • $3,328Pre-tax net operating income
  • $836Securities gains (losses)
  • $1,415Applicable income taxes
  • $2,749Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,749Net income attributable to bank
  • $0Net charge-offs
  • $2,749Cash dividends
  • $2,819Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 5.81%Return on equity (ROE)
  • 5.81%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 82.30%Credit loss provision to net charge-offs
  • 2.00%Efficiency ratio
  • 69,837Assets per employee
  • 5.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.95%Loss allowance to noncurrent loans
  • 59.01%Noncurrent assets plus other real estate owned to assets
  • 5.23%Noncurrent loans to loans
  • 3.30%Net loans and leases to deposits
  • 70.71%Net loans and leases to core deposits
  • 79.25%Equity capital to assets
  • 9.32%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 13.66%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $537,895Average earning assets
  • $47,342Average equity
  • $492,684Average loans

List of branches

  • 8 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    634Peoples Community Columbia Branch109 East Church Street, Columbia, AL 36319October 21, 1912Full Service Brick and Mortar
    7180922Westside Branch2926 Ross Clark Circle, Dothan, AL 36301December 21, 1992Full Service Brick and Mortar
    81137Ashford Branch414 Broadway, Ashford, AL 36312Febuary 20, 1920Full Service Brick and Mortar
    9180923Abbeville Branch519 Kirkland Street, Abbeville, AL 36310June 15, 1994Full Service Brick and Mortar
    10180924Ozark Branch101 Painter Avenue, Ozark, AL 36360January 02, 1996Full Service Brick and Mortar
    11180925Eufaula Branch1245 South Eufaula Avenue, Eufaula, AL 36027December 13, 1996Full Service Brick and Mortar
    17458272Headland Branch617 East Church Street, Headland, AL 36345January 11, 2007Full Service Brick and Mortar
    20474359Dothan North Branch2861 John D Odom Road, Dothan, AL 36303April 28, 2008Full Service Brick and Mortar
  • 6 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1210155Malone-Pcb, The Community Branch5408 Tenth Street, Malone, FL 32445January 02, 1943Full Service Brick and Mortar
    13235930Greenwood Branch4192 Bryan St., Greenwood, FL 32443Febuary 16, 1982Full Service Brick and Mortar
    14235932Marianna Branch2546 Commercial Park Drive, Marianna, FL 32446June 01, 1999Full Service Brick and Mortar
    15365561Chipley Branch1615 Main Street, Highway 77, Chipley, FL 32428October 21, 2002Full Service Brick and Mortar
    16458051Bonifay Branch2020 South Waukesha Street, Bonifay, FL 32425January 16, 2007Full Service Brick and Mortar
    18465412Sneads Branch8146 Highway 90, Sneads, FL 32460July 16, 2007Full Service Brick and Mortar
  • 5 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014733Peoplessouth Bank203 Crawford Street, Colquitt, GA 39837October 19, 1973Full Service Brick and Mortar
    3252614Dougherty County Branch701 Westover Road, Albany, GA 31701January 13, 1997Full Service Brick and Mortar
    4252615Sumter County Branch102 N Prince Street, Americus, GA 31709January 20, 1998Full Service Brick and Mortar
    5294931Bainbridge BranchU.S. Highway 27 And Douglas Drive, Bainbridge, GA 39817October 15, 1998Full Service Brick and Mortar
    19468178Donalsonville Branch118 West Second Street, Donalsonville, GA 39845September 17, 2007Full Service Brick and Mortar

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