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PAB Bankshares, Inc.

(NASDAQ (GS):PABK)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
PAB Bankshares, Inc.
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

 
 
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