# PRIMESOUTH BANK
TALLASSEE, AL · FDIC certificate 17892 · asset band <$300M · latest filing 2019-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $246.7M | |
| Deposits | $212.8M | |
| Loans and leases | $172.4M | |
| Total equity | $26.2M | |
| Loans / deposits | 79.98% (p54 of band) | 77.89% |
| Liquid assets / assets | 24.03% (p36 of band) | |
| Uninsured deposits / deposits | 21.68% (p73 of band) | 15.76% |
| Brokered deposits | 2.22% | |
| Wholesale funding | 4.25% (p66 of band) | |
| FHLB advances / assets | 2.03% | |
| Tier 1 leverage | 10.53% (p36 of band) | 11.44% |
| Unrealized securities loss / equity | 0.43% (p47 of band) | 0.54% |
| AOCI / equity | 2.55% (p56 of band) | |
| ROA (annualized) | 1.04% (p51 of band) | 1.03% |
| Net interest margin | 3.77% (p46 of band) | 3.82% |
| Efficiency ratio | 50.56% (p9 of band) | |
| Noncurrent loans | 0.78% (p59 of band) | 0.54% |
| Net charge-offs (annualized) | 0.78% (p98 of band) | |
| Reserve coverage of noncurrent | 158.49% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 96.33% (p95 of band) | |
| Auto loans | $2.0M (1.17% of loans; DQ 0.55%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.9% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, construction >100% equity |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | reserve under noncurrent |  |
| 2012-03 | 2 |  | charge-offs p90 |
| 2012-06 | 3 | charge-offs p90 |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 1 |  | construction >100% equity, reserve under noncurrent |
| 2013-03 | 0 |  | charge-offs p90 |
| 2013-06 | 1 | charge-offs p90 |  |
| 2013-09 | 2 | construction >100% equity |  |
| 2013-12 | 3 | capital falling |  |
| 2014-03 | 2 |  | charge-offs p90 |
| 2014-06 | 2 | charge-offs p90 | capital falling |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 | capital falling | charge-offs p90 |
| 2015-03 | 2 | charge-offs p90 | capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 3 | capital falling |  |
| 2016-03 | 2 |  | charge-offs p90 |
| 2016-06 | 2 |  |  |
| 2016-09 | 0 |  | construction >100% equity, capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | charge-offs p90 |  |
| 2017-06 | 2 | construction >100% equity |  |
| 2017-09 | 1 |  | charge-offs p90 |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | capital falling, charge-offs p90 |  |
| 2018-06 | 2 |  | capital falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | construction >100% equity |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2019-04-25 [Two Alabama community banks plan to merge - Montgomery Advertiser](https://news.google.com/rss/articles/CBMirgFBVV95cUxNLXZ1UkNkS3pockswQUwtVGpFb0EwSTR3YkpwXzZnSVVoY1Z3cWx2SFVzbnhvSDFPclZrT0VyTHp3QngyZ24wcnN1Y1c2VXhzZjF2ZFFueWd1czVZNm5vcFZyTy1yRGJ3bXR5RDhjSWwtQmx0NnFaUkhHMHBFTFZUMHhXWUhlQWVFTnVnUkx2NkRWdWFpQnl6X0ljbzVxOTFVNlpiZ2hUUEVFY0ZJdkE?oc=5) · Montgomery Advertiser
- 2019-04-24 [CBS Banc-Corp, Inc. and PrimeSouth BancShares, Inc. Announce Merger Agreement - PR Newswire](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQMWxRRzkzUHRVVDFadmdqcXQ0QzZGNjg5SWpBYUJ0bktvcDhhVndtM3dkaGNYbi1EQ0pJT3Q5NkppY0FtZ2tNSFpqRFNsdzFURTVvQXhiQ2tpbEs5QzdNRDVoYkxDTnVJLXhsdDZJT1BsQWR2aGxORUZCT2FMRDNaU3d4amhrbDJtVzZrNmdxZ1FPVTVNTk1GSUtXNmJ3ZWlKNk1BRGlvOXY2UklXZWo4MWhfOVRkM3hXejUtMkpJOTE0Ql9IeVgxRg?oc=5) · PR Newswire
- 2019-04-24 [CBS Banc-Corp and PrimeSouth BancShares announce merger - AL.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPb3BlWTF1ZFEwSUtVNmRvbTAxeEJZZGc3NUQ1bF81Y2ZPcERES0Y0MkV5V2RuYVNBakxXbjlKRlBKei0xUHN0V2RPMlFYT0hUaV9SdmxoVlQ4Uk02TkRDOEJKd2htRDJtM1RfZ3ZkYlllZkRWaHd1M1NibmNNVURsZnc1a3ZGWWI3M0xsaWt1X19HM3U0emxMcnUzRGQ?oc=5) · AL.com
- 2019-07-27 [PrimeSouth announces rebranding effort - The Brunswick News](https://news.google.com/rss/articles/CBMizgFBVV95cUxQaHcxUnMxa3ZlWUJCeWZ4UUJBR0U5bzJaZXphRE12UUl1TWlVSFFTQWV6UWlnWkRMclFKN0xsQ2VlUXl5dE5ZaUJZMzhzY0V6eEQ4cHpNMXBuTkNHZGJuWG81emR3SUx0TjhJa0Z0aWUtVWpoTkRuZFkzSkVLRGZPZjBiSTVFWDF5SDAwWndfbFZSa2RBSGxiTkpBT3ozTVV1RlVydjVaaENmMjZndEFtQVB0VVlET3hoZ0JNUFBGc2E5cEI4bGFiTEVEYWh2UQ?oc=5) · The Brunswick News
- 2017-03-22 [Regions, First Commercial vet to lead Alabama bank's new Bham office - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQaTVBWmg1OFJIOEJYV3BqemJJcjBkV0QtTkcwMDlsLUZZb2x6bUJSaGJSbWFIbURQTHRwLUNTV0k3YWp6cWhGTkFxM2VCQWttamhSbDZHMEI3bmROcHd1aHZuNEIzS0J4eGFtUHRzNTRSMldRa3RFQjI5RVZuRlRYanFvUjB5dk9YQjBCd1VvNlVqdDRUTHI3Z1Z1Yjl0NXozNHhhSFQzMEw2TFNiVXV3?oc=5) · The Business Journals
- 2020-07-31 [Former Bank President Sentenced to Over a Year in Prison After Pleading Guilty to Bank Fraud - WAKA 8](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPWWtSS09EbHFzWjNvWnZJejVEbFdsTXNhcU1NbHhOUDFBSzVHZUpmdXJ4bDlGT1VrT2ZCc1lNOENjR3hoMmFkazBPOEhhRW5UeGk5Qzhrclp0Zm1tbWI4SXhZcUtYb1BZSkhWSTM0TEJhS0VlU01PQ1BSUHJON3VWZHV1c3R6akEwMlpLZGZzMGFYem1WRDl1QW1MRjJfckZpVjlkQllnZ2lzOG9GRVp5d0lWNE4tU3VoN3J0YjVXY3ZFSFE?oc=5) · WAKA 8
- 2021-04-14 [Death In Federal Prison In Dorm-T: The Tragic Tale Of Jimmy Monk - Forbes](https://news.google.com/rss/articles/CBMitwFBVV95cUxNdXZubE5Ud1NCZ0VMN3VqWmp6TGU3bzdHaDZzWVFQTFlmYkVqMzVMQmJwUHhOLTlDZTJLUjlMcUVVdC1tTllZSGhHbUl4bE5tOHBlWWNHNnQzQ0pHekVnZW5KMjQ4VzdQOGFWS0dpb1Y4cVIxZEhsNmFBb1FOVmRyQVgxanh6LU9DQzYyQnczSmtnOUpzR0NUTUhReTVFSkVSXzVNT0FjMHFhSHROb2theXFCSHhSWFU?oc=5) · Forbes
- 2016-10-22 [Wetumpka woman dies after crash involving police vehicle - WSFA](https://news.google.com/rss/articles/CBMimAFBVV95cUxPMGs1amdFdHJQSEkxUHNLV0hJZXNhOGFDdTEzYjNSYWEtQ2hKTUh0YW1OMEtGY0diRk9IVEJQNzRXaFZGaTVLZmphTm4wcG5FaC1WX01QYXlsSFctdEFPSndJbVJZYjZqckl2WWFFdGVwSGdFNndKajlSNDJpYi1MZVZ2NHVzYmVyMmE1TzJtS0lJeDVpdHRZONIBqwFBVV95cUxONTZtUXJ1TFBMdnBxR0RZU1pWSW1KNU96VzNZckgwd1ZXSzVvZjBFNUxRYUJWdFRhaTRZcGZ6RXBaWTI3Y3B0VWxGajZOdEZmMUVCMi1EalFKVlUwOGZyQkFhTjlLS1hwcXJzdWV6c0xBeE9Fa2dJTWJlcWp3X1kyUzJMcjRWN0JZMXRuY1lXeDFfdFBmOWh5UEpCQmt4aE5FVjZhMWp2VElWazg?oc=5) · WSFA

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17892 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/36.json (key "17892", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide