PAB Bankshares, Inc.
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Balance Sheet Cash Flow Statement 3250 N. Valdosta Rd. Valdosta, GA 31602 GA Tel. 229-241-2775 Fax 229-241-2774 |
Type: Public
On the web:
http://www.pabbankshares.com
Employees:
330
Employee growth: 5.1%
PAB Bankshares is the holding company of The Park Avenue Bank, which has about 20 branch locations in southern Georgia and northern Florida. Catering to individuals and small to midsized businesses, the bank offers traditional retail services and products including deposit accounts, loans, and bill payment services. Through a third-party provider, the bank also offers investment advisory and securities brokerage services. Construction loans account for about 40% of the company's loan portfolio, which also includes residential and commercial mortgages and agricultural, business, and personal loans.
Key numbers for fiscal year ending December, 2007:
Sales: $90.7M
One year growth: 8.6%
Net income: $10.8M
Income growth: (21.5%)
Officers:
Chairman: James L. Dewar Jr.
President, CEO, and Director: M. Burke Welsh Jr.
EVP and Director Operations: R. Wesley Fuller
Competitors:
Bank of America
Regions Financial
SunTrust





