PeoplesSouth Bank
Colquitt, Georgia, Miller County
$1.2B in total assets, the 903rd largest of 4,309 US banks and 12th of 125 headquartered in Georgia.
- FDIC certificate
- 21292
- Established
- 1973
- Owned by
- Peoplessouth Bancshares Inc
- Primary regulator
- FDIC
- Website
- http://www.peoplessouth.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 | $1.2B | 9% | $2.3B | |
| Loans | $874M | 9% | $1.9B | |
| Deposits | $1.1B | 9% | $2.1B | |
| Return on assets | 1.44% | 46% | 1.53% | |
| Net interest margin | 4.23% | 64% | 4.12% | |
| Efficiency ratio | 50.9% | 46% | 63.9% | |
| Equity to assets | 6.46% | 2% | 10.91% | |
| Loans to deposits | 78% | 27% | 86% |
Growth
Total assets grew 4.2% a year over the last 5 years and 5.5% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2005 | Peoples Community Bank Columbia, AL, an affiliate under the same holding company | $160M |
| Apr 2005 | PCB, The Community Bank Malone, FL, an affiliate under the same holding company | $68M |
Where they operate
33 branches in 22 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Jackson County, FL | $160M | 18.8% | 2 of 8 |
| Houston County, AL | $126M | 3.4% | 10 of 14 |
| Miller County, GA | $107M | 47.5% | 1 of 3 |
| Calhoun County, FL | $90M | 42.0% | 1 of 4 |
| Henry County, AL | $85M | 21.7% | 2 of 4 |
| Franklin County, FL | $74M | 23.1% | 2 of 2 |
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 9 branches since 2016 (24 to 33, +37.5%). 12 opened, 0 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 24 | |||
| 2016 | Opened 6 in FloridaClosed Marianna | 6 | 1 | +5 | 29 |
| 2018 | Closed Mexico Beach | 0 | 1 | −1 | 28 |
| 2019 | Closed Malone | 0 | 1 | −1 | 27 |
| 2020 | Opened 3 in 2 states | 3 | 0 | +3 | 30 |
| 2021 | Opened Dawson | 1 | 0 | +1 | 31 |
| 2023 | Opened Panama City Beach | 1 | 0 | +1 | 32 |
| 2024 | Opened Warner Robins | 1 | 0 | +1 | 33 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 29% | 34% | |
| 1-4 family residential | 27% | 34% | |
| Construction and land | 16% | 11% | |
| Business (C&I) | 9% | 7% | |
| Farmland | 7% | 3% | |
| Agricultural | 5% | 0% | |
| Multifamily | 3% | 2% | |
| Consumer | 2% | 3% | |
| Other | 2% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 44% | 21% | |
| Other interest-bearing | 36% | 55% | |
| Noninterest-bearing | 20% | 24% |
Brokered deposits are 0.0% of deposits (peers 3.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.02% | 0.44% |
| Net charge-offs, annualized | 0.01% | 0.04% |
| Reserves to loans | 1.31% | 1.12% |
| Leverage ratio | 10.45% | 10.78% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Georgia
Largest competitors in Jackson County, FL
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/peoplessouth