PackageTrendsPeer
Letter portraitLegal landscape

South Georgia Bank

Glennville, GA · Cert 32532 · South Group Bancshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in GA3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in GA (n=58 to 59). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

37

Q2 2024Q2 2026peer median (50)

Profitability

56

Q2 2024Q2 2026peer median (50)

Liquidity

39

Q2 2024Q2 2026peer median

Efficiency

75

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

South Georgia Bank

Glennville, GA · Cert 32532 · South Group Bancshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$269.5MAssets
$137.2MLoans
$241.3MDeposits
$23.9MEquity
Loan mix
79%RE $103.3M15%C&I $19.9M5%Consumer $6.8MQ2 2025Q2 2026
Deposit mix
69%Interest-bearing $166.7M31%Noninterest $74.7MQ2 2025Q2 2026

NIM

5.59%Q2 ’245.19%Q2 ’255.20%Q2 ’26-7%+5%

Non-interest income vs. expense

2.62%Q2 ’242.55%Q2 ’252.48%Q2 ’26+1%-5%

Market Position · Hinesville, GA · 2026 SOD (annual) · 1.5% share · #5 of 7 inst. · $13.1M of $885.9M

36.2% Tattnall
17.1% Evans
1.6% Liberty
0.2% Richmond

Executive Summary

  • Earnings: ROA of 1.49%, down 4 bps year over year; NIM at 4.04%.
  • Asset quality: problem loans at 0.16% of loans (-90 bps YoY), with net charge-offs at 0.25%.
  • Capital: tier 1 leverage ratio of 10.60%, down 10 bps from a year ago.
  • Funding: loans stand at 56.85% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.49%-4 bps YoY

Net Interest Margin (YTD, annualized)

4.04%+19 bps YoY

Efficiency Ratio (YTD, annualized)

52.88%-413 bps YoY

Tier 1 Leverage Ratio

10.60%-10 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.53%1.54%1.54%1.50%1.49%-4 bps
Return on Equity18.21%18.05%17.88%16.88%16.83%-138 bps
Net Interest Margin3.84%3.88%3.94%3.99%4.04%+19 bps
Efficiency Ratio57.01%54.98%54.82%54.20%52.88%-413 bps
Non-Interest Burden1.92%1.85%1.87%1.85%1.83%-9 bps
Growth
Asset Growth (YoY)14.46%13.89%11.94%9.83%8.05%-641 bps
Loan Growth (YoY)10.62%13.13%18.17%14.14%5.38%-524 bps
Deposit Growth (YoY)15.26%15.06%11.43%9.92%7.82%-744 bps
Asset Quality
Nonperforming Loans / Loans1.06%1.01%1.51%0.76%0.16%-90 bps
Net Charge-Offs / Loans0.00%0.00%0.02%0.44%0.25%+25 bps
Allowance / Loans2.27%2.34%2.42%2.49%2.53%+27 bps
Allowance Coverage of NPLs2.1x2.3x1.6x3.3x15.7x+13.5x
Capital
Tier 1 Leverage Ratio10.70%10.61%10.68%10.66%10.60%-10 bps
Total Risk-Based Capital21.08%20.84%21.06%21.68%21.84%+76 bps
Equity / Assets8.20%8.80%9.02%8.73%8.86%+66 bps
Liquidity & Funding
Loans / Deposits58.16%61.15%61.85%58.35%56.85%-131 bps
Liquid Assets / Assets21.58%19.49%20.41%22.15%23.29%+171 bps
CRE / Total Capitaln/a242%235%225%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

South Georgia Bank

Glennville, GA · Cert 32532 · Peer group: banks under $1B in assets in GA (n=58-59) · South Group Bancshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$269.5MAssets
$137.2MLoans
$241.3MDeposits
$23.9MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 83% of banks under $1B in assets in GA (rank 10 of 59).
  • Widest gap: net charge-offs / loans trails 93% of banks under $1B in assets in GA (rank 55 of 58).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.45%

Rank 31 of 59

Net Interest Margin

4.04%

Rank 36 of 59

Efficiency Ratio

52.88%

Rank 16 of 59

Equity / Assets

8.86%

Rank 47 of 59

Non-interest income vs. expense

$1.7M$6.6MINCOMEEXPENSE
Unfavorable gap of $4.9M · efficiency ratio beats 75% of banks under $1B in assets in GA
Bank 52.88%Peer median 60.2%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.45%0.94%1.46%1.76%Beats 47%31 / 59
Return on Equity16.43%7.92%11.60%15.10%Beats 83%10 / 59
Net Interest Margin4.04%3.66%4.24%4.75%Beats 39%36 / 59
Efficiency Ratio52.88%51.87%60.25%70.24%Beats 75%16 / 59
Asset Quality
Nonperforming Loans / Loans0.16%0.10%0.36%0.89%Beats 67%20 / 58
Net Charge-Offs / Loans0.25%0.00%0.02%0.05%Beats 7%55 / 58
Capital
Tier 1 Capital Ratio20.57%11.93%15.65%21.05%Beats 69%18 / 59
Total Risk-Based Capital Ratio21.84%12.05%15.77%22.26%Beats 71%17 / 59
Equity / Assets8.86%9.10%11.51%14.32%Beats 20%47 / 59
Liquidity & Funding
Loans / Deposits56.85%59.62%72.81%85.44%19th pctl47 / 58
Loans / Assets50.90%49.55%64.39%73.73%27th pctl43 / 59
Brokered Deposits / Depositsn/aNot reported for this institution