The Park Avenue Bank
Valdosta, GA · Owner: Pab Bankshares Inc
$849M
total assets, March 31, 2011
$849M
total assets, March 31, 2011
The Park Avenue Bank was a state member bank in Valdosta, GA, owned by Pab Bankshares Inc. It failed on Apr 29, 2011, and Bank Of The Ozarks took over its deposits. At its last report it held $849.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2011
This bank failed
- Failed on
- Apr 29, 2011
- Assets
- $849M
- Deposits
- $724M
- Estimated cost
- $212M
- Deposits went to
- Bank Of The Ozarks, Little Rock, AR
Total assets
$849M
-32.0% in a year · -10.9% in a quarter
Deposits
$724M
-32.1% in a year · -12.5% in a quarter
Loans
$535M
-29.4% in a year · -5.8% in a quarter
Profit so far
-$1.2M
Jan 1 to Mar 31, 2011
Capital ratio
1.83%
-2.72 pts in a year
Return on assets
-0.53%
+1.09 pts in a year
Facts
- Type
- State member bank
- Head office
- 3102 North Oak Street Extension, Valdosta, GA, 31602
- County
- Lowndes
- Holding company
- Pab Bankshares Inc
- Established
- Aug 1, 1956
- Failed
- Apr 29, 2011
- Employees
- 177
- Branches
- 12 in 2 states
- Id
- b19797
Quarter by quarter
March 31, 1984 to March 31, 2011
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Park Avenue Bank?
$849.4 million in total assets and $724.5 million in deposits as of March 31, 2011, with assets down 32.0% from a year before. Its loans were $534.8 million.
How many branches does The Park Avenue Bank have?
12 branches in 2 states as of June 30, 2026.
Is The Park Avenue Bank profitable?
No: it lost $1.18 million from January 1 to March 31, 2011. Its return on assets was -0.53% a year; about 1% is typical.
Who owns The Park Avenue Bank?
The Park Avenue Bank is owned by Pab Bankshares Inc, its holding company.
When did The Park Avenue Bank fail?
Apr 29, 2011. Bank Of The Ozarks of Little Rock, AR took over its deposits. The estimated cost of the failure was $212.0 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.