Planters First Bank
Cordele, Georgia, Crisp County
$486M in total assets, the 1,856th largest of 4,309 US banks and 42nd of 125 headquartered in Georgia.
- FDIC certificate
- 9064
- Established
- 1896
- Owned by
- Planters First Bcorp
- Primary regulator
- FDIC
- Website
- www.plantersfirst.bank
At a glance
Compared with 98 banks headquartered in Georgia with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $486M | 71% | $334M | |
| Loans | $310M | 71% | $239M | |
| Deposits | $440M | 74% | $298M | |
| Return on assets | 1.76% | 66% | 1.54% | |
| Net interest margin | 4.61% | 51% | 4.51% | |
| Efficiency ratio | 60.8% | 62% | 57.5% | |
| Equity to assets | 8.77% | 16% | 10.90% | |
| Loans to deposits | 71% | 35% | 79% |
Growth
Total assets grew 5.7% a year over the last 5 years and 5.6% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2000 | PlantersFIRST Cordele, GA, an affiliate under the same holding company | $177M |
| Aug 2000 | Pineview State Bank Pineview, GA, an affiliate under the same holding company | $15M |
| Jun 2000 | First State Bank of South Georgia Ocilla, GA, an affiliate under the same holding company | $47M |
Where they operate
7 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Crisp County, GA | $195M | 39.2% | 1 of 5 |
| Pulaski County, GA | $99M | 56.8% | 1 of 2 |
| Houston County, GA | $59M | 2.3% | 10 of 13 |
| Irwin County, GA | $53M | 39.2% | 2 of 3 |
| Bibb County, GA | $35M | 0.7% | 12 of 14 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (7 branches then and now). 5 opened, 0 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2016 | Opened Macon and Warner Robins | 2 | 0 | +2 | 9 |
| 2017 | Opened Albany | 1 | 0 | +1 | 10 |
| 2019 | Sold 1 branch to Colony Bank | 0 | 1 | −1 | 9 |
| 2020 | Closed Pineview | 0 | 1 | −1 | 8 |
| 2023 | Opened Warner RobinsClosed Warner Robins | 1 | 1 | 0 | 8 |
| 2024 | Opened MaconClosed Fitzgerald and Macon | 1 | 2 | −1 | 7 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 47% | 32% | |
| Farmland | 14% | 6% | |
| 1-4 family residential | 14% | 31% | |
| Construction and land | 12% | 12% | |
| Business (C&I) | 6% | 9% | |
| Agricultural | 5% | 2% | |
| Consumer | 2% | 4% | |
| Multifamily | 0% | 3% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 44% | |
| Noninterest-bearing | 40% | 26% | |
| Time deposits | 18% | 30% |
Brokered deposits are 0.0% of deposits (peers 2.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.66% | 0.31% |
| Net charge-offs, annualized | 0.17% | 0.00% |
| Reserves to loans | 1.74% | 1.36% |
| Leverage ratio | 10.71% | 11.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Georgia
Largest competitors in Crisp 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/planters-first