SOUTH GROUP BANCSHARES, INC. Financial Reports

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:· SOUTH GROUP BANCSHARES, INC.

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SOUTH GROUP BANCSHARES, INC.

Institution Profile

Year Opened :

2001

Institution Type :

Holding Company

Reserve District :

Atlanta

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

09/30

Structure :

Corporation (stock)

S-Corp :

Yes

External Auditor :

Mauldin & Jenkins

Related Bank / Thrift	Assets	Asset Concentration
South Georgia Bank	221,142	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	25,307	Total Operating Income	3,200
Total Liabilities	51	Total Operating Expenses	22
Total Equity Capital	25,256	Equity in Undistributed Income	1,197
		Net income (loss)	4,375

Miscellaneous
Cash Dividends Declared by Bank Holding Company	1,900
Total Consolidated Assets of Bank Holding Company	228,822

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury