BankSouth, Financial Information

About BankSouth

 Address:
3251 Ross Clark Circle
Dothan, AL
Houston County, Alabama
 Established:
Jan 1928
 Number of domestic offices:
2
Total assets$196M
Net income$2M
Net income, quarterly$1M
Total deposits$157M
Domestic deposits$157M
Equity capital$38M
ROA1.13%
ROAQ, quarterly1.15%
ROA, pretax1.15%
ROAQ, quarterly, pretax1.2%
ROE5.61%
ROEQ, quarterly5.86%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

What is known as BankSouth today is a combination of two local banks – The Citizens Bank was founded in Greensboro, Georgia on April 1, 1946, and Bank of Union Point, was founded in Union Point, Georgia on May 15, 1911. The bank operated as Citizens Union until adopting the name of BankSouth in 2004.

A century later, BankSouth remains locally owned and managed with board members who have served for decades, and has become the leading financial institution in the area with over 53% deposit market share.

BankSouth has been recognized by its peers receiving the inaugural Georgia Community Bank of the Year Service Award; by the Independent Community Bankers of America (ICBA) as a Top 100 among community banks; and also by IBCA and in the Top 20 among other banks its size.

Dedication and support to the community and to customers of Lake Oconee, Greensboro, Watkinsville, Athens-Clarke County, Greene and Putnam Counties remain the bank's highest priorities.

Lake Oconee Branch/ LoanSouth Mortgage
6340 Lake Oconee Parkway
P.O. Box 730
Greensboro, GA 30642
phone: (706) 453-2943
toll free: (800) 499-9094
fax: (706) 453-4437

Downtown Branch

200 North East Street
P.O. Box 89
Greensboro, GA 30642
phone: (706) 453-2236
fax: (706) 453-0155

Watkinsville Branch/LoanSouth Mortgage
7911 Macon Highway
P.O. Box 1499
Watkinsville, GA 30677
phone: (706) 769-8200
fax: (706) 769-8220

LoanSouth
1001 Village Park Drive,
Suite 101
Greensboro, GA 30642
phone: (706) 453-1609

Customer Service
phone: (706) 453-2265
fax: (706) 453-9172

Telephone Banking: (706) 453-1000