BankSouth
Greensboro, Georgia, Greene County
$1.6B in total assets, the 729th largest of 4,309 US banks and 11th of 125 headquartered in Georgia.
- FDIC certificate
- 16418
- Established
- 1946
- Owned by
- Banksouth Holding Co
- Primary regulator
- OCC
- Website
- www.banksouth.com
At a glance
Compared with 11 banks headquartered in Georgia with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 18% | $2.3B | |
| Loans | $1.2B | 27% | $1.9B | |
| Deposits | $1.4B | 27% | $2.1B | |
| Return on assets | 1.53% | 54% | 1.44% | |
| Net interest margin | 4.63% | 73% | 4.12% | |
| Efficiency ratio | 69.7% | 91% | 50.9% | |
| Equity to assets | 10.39% | 46% | 10.91% | |
| Loans to deposits | 91% | 73% | 83% |
Growth
Total assets grew 8.1% a year over the last 5 years and 12.4% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2025 | State Bank of Cochran Cochran, GA | $265M |
| Feb 2011 | North Georgia Bank Watkinsville, GA | $153M |
| Mar 1977 | Bank of Union Point Union Point, GA | n/a |
Where they operate
10 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Greene County, GA | $570M | 60.3% | 1 of 5 |
| Chatham County, GA | $223M | 2.8% | 9 of 20 |
| Fulton County, GA | $196M | 0.1% | 28 of 46 |
| Oconee County, GA | $141M | 7.6% | 5 of 11 |
| Bleckley County, GA | $128M | 44.7% | 2 of 3 |
| Laurens County, GA | $64M | 4.1% | 7 of 11 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (5 to 10, +100.0%). 3 opened, 4 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2016 | Opened Atlanta and SavannahClosed Atlanta | 2 | 1 | +1 | 6 |
| 2021 | Closed Savannah | 0 | 1 | −1 | 5 |
| 2025 | Acquired State Bank of Cochran | 4 | 0 | +4 | 9 |
| 2026 through Q2 | Opened Ellabell | 1 | 0 | +1 | 10 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 50% | 32% | |
| Commercial real estate | 25% | 35% | |
| Construction and land | 14% | 11% | |
| Business (C&I) | 4% | 8% | |
| Multifamily | 4% | 2% | |
| Consumer | 1% | 3% | |
| Farmland | 1% | 4% | |
| Other | 0% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 54% | |
| Noninterest-bearing | 28% | 23% | |
| Time deposits | 23% | 23% |
Brokered deposits are 2.3% of deposits (peers 3.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.55% | 0.44% |
| Net charge-offs, annualized | -0.01% | 0.04% |
| Reserves to loans | 1.41% | 1.12% |
| Leverage ratio | 10.17% | 10.78% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Georgia
Largest competitors in Greene County, GA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/banksouth-greensboro-ga