- CEO
- Daniel S. Hager
- Full Time Employees
- 61
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 930 Memorial Drive Waycross GA United States of America 31501
- IPO Date
- Jun 11, 2020
- Business
- FSBH Corp. operates as the bank holding company for First Southern Bank, a Georgia state-chartered commercial bank that provides a full range of deposit, lending, and digital banking services to individual consumers, small businesses, and corporate customers in southern Georgia and west central Florida. First Southern Bank offers deposit products including checking accounts, money market accounts, savings accounts, and certificates of deposit or IRAs; consumer lending products such as personal loans, lines of credit, overdrafts, construction loans, mortgages, mobile home loans, home equity loans, and CD-secured loans; commercial lending products encompassing commercial real estate loans, small business loans, agriculture loans, equipment loans, and lines of credit; and digital and cash management services comprising online banking, mobile banking, bill pay, e-statements, remote deposit capture, ACH cash management, merchant services, telephone banking, money transfers, payments, debit cards, credit cards with UChoose Rewards, and health savings accounts. The bank maintains six full-service branches in Waycross, Patterson, Blackshear, Jesup, and other locations in Georgia, as well as Bradenton, Stuart, and Sebring in Florida, plus a loan production office in Clermont, Florida. Founded in 1907 as The Patterson Bank and headquartered in Bradenton, Florida, FSBH Corp. oversees these operations through its 100% ownership of First Southern Bank. In November 2025, FSBH Corp. announced an agreement for Community First Credit Union of Florida to acquire substantially all assets and liabilities of First Southern Bank in a transaction valued at approximately $51 million, or $17.14 per share for FSBH's 3 million outstanding shares, subject to regulatory and shareholder approvals with an expected closing in the second or third quarter of 2026, after which FSBH plans to dissolve and distribute remaining assets to stockholders; the bank recently opened a new branch in Blackshear, Georgia, earned a fifth consecutive 5-Star Superior rating from BauerFinancial in March 2025, and previously raised $16 million in capital in 2019 to fuel Florida expansion.