Peach State Bank & Trust

What Peach State Bank & Trust does

Peach State Bank & Trust is a privately held community bank headquartered in Gainesville, Georgia, founded in 2005 and operating as the only locally owned community bank in Gainesville-Hall County. The bank serves individual consumers and small-to-medium businesses across Hall, Jackson, Barrow, and Gwinnett counties through two physical branches (Gainesville headquarters and a 10,000-square-foot Braselton location opened permanently in 2025 featuring an open-lobby universal-banking concept) plus digital channels including online banking and the MyPeach mobile application. Its product set spans personal and business checking and savings, consumer and mortgage loans, commercial lending, treasury management, and credit cards (issued through TCM Bank since July 2023 and previously through ServisFirst Bank), with debit card rewards via CardCash and Zelle available as a downloadable integration.

Underlying technology is built on third-party core banking infrastructure rather than proprietary systems: Jack Henry provides the treasury management and commercial online banking platform, ProfitStars delivers business payment and payroll processing, and the MyPeach mobile app and online banking portal handle retail digital experiences. The bank is FDIC-insured, Equal Housing Lender designated, and operates under Bank NMLS #439912, with USA Patriot Act Section 326 compliance protocols.

The revenue model is a traditional community bank spread-and-fee structure: net interest income from the $498M loan book and securities portfolio funded by $713M in deposits forms the primary revenue stream, supplemented by account service fees, overdraft charges, wire fees, safe deposit box rentals, and credit card interchange and referral income from TCM Bank. The go-to-market is relationship-led and community-embedded, leveraging local decision-making authority, the leadership stability of President/CEO Ron Quinn (since founding), COO/EVP Gina Rider (20-year tenure), and Chairman Stewart Teaver, plus community event sponsorships and a content marketing engine (financial education blog, quarterly Peach Buzz newsletter, annual reports). On April 21, 2026, the bank announced a pending merger with United Community Banks (NYSE: UCB) for approximately $100.8 million in a 50/50 cash-and-stock transaction at 1.9x tangible book value, expected to close Q3 2026 and grant UCB the number-one market share position in Hall County.

Name

Peach State Bank & Trust

Legal name

Peach State Bank & Trust

Website

https://peachstate.bank

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Peach State Bank & Trust is a privately held community bank founded in 2005 in Gainesville, Georgia, serving consumers and small businesses across Hall County through two branches and digital banking, with a pending merger into United Community Banks announced in April 2026.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking services
• Consumer lending products
• Commercial loan services
• Treasury management solutions
• Retail deposit accounts

Headquarters

HQ city

Gainesville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Primary revenue from interest earned on loans (consumer loans, mortgage loans, commercial loans) minus interest paid on deposits (checking, savings, CDs). Traditional community bank interest spread model.
2. Banking Fees and Service Charges: Revenue from account service fees, overdraft fees, wire transfer fees, safe deposit box rental, and other banking service charges.
3. Credit Card Services: Revenue from credit card products offered to personal and business customers, including TCM Bank as issuer for business credit cards.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Peach State Bank & Trust is a locally owned community bank offering personal and business banking products including checking, savings, CDs, consumer loans, mortgage loans, and commercial loans. The bank provides treasury management services for businesses, debit and credit card products, and digital banking channels through online and mobile (MyPeach) platforms. It operates two physical branches in Gainesville and Braselton, Georgia, serving Northeast Georgia consumers and small-to-medium businesses.

Product overview

Peach State Bank & Trust is a community bank offering a unified suite of retail and commercial banking products. The core offerings include personal and business checking/savings accounts, consumer and commercial loans, mortgage loans, and treasury management services. Digital banking is provided through Online Banking, the MyPeach mobile app, and Bill Pay services. Additional products include debit and credit cards, safe deposit boxes, and a comprehensive suite of financial planning calculators. The bank operates two branches in Gainesville and Braselton, Georgia, and announced a merger with United Community Banks in April 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Personal checking accounts designed for individual consumer banking needs with standard features including debit cards and online access.
• Personal Savings Savings accounts for personal banking customers with options to support different savings goals.
• Consumer Loans Personal loan products for consumer needs including auto loans and other personal financing for individuals.
• Mortgage Loans Home mortgage financing products for purchasing or refinancing residential properties in Northeast Georgia.
• Business Checking Business checking accounts tailored for businesses of all sizes, with features including debit cards and overdraft protection.
• Business Savings Savings products designed for business banking customers to manage business finances and reserves.
• Commercial Loans Commercial lending products for business growth, equipment financing, and working capital needs.
• Treasury Management Services Cash management and treasury services for business customers including remote deposit capture and payment solutions.
• MyPeach Mobile App Mobile banking application for iOS and Android devices enabling account access, mobile deposits, and bill payment.
• Online Banking Services Digital banking platform enabling account access, transactions, bill payment, and mobile deposit capabilities.
• Credit Card Services Credit card products issued through TCM Bank for personal and business customers, with options for rewards and competitive rates.
• Debit Card Services Debit card management including card rewards enrollment through CardCash, lost/stolen card reporting, and international transaction controls.
• Safe Deposit Boxes Secure storage boxes available for rent to individuals with deposit accounts at Peach State Bank.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

One partnership is on record.

• United Community BankscoreStrategic or Co-development Partner · 21 April 2026United Community Banks (NYSE: UCB), a top 100 U.S. financial institution with $28.2 billion in assets, announced acquisition of Peach State Bancshares Inc. and its subsidiary Peach State Bank & Trust for approximately $100.8 million in a stock and cash transaction (50% cash, 50% stock). The merger gives UCB the number-one market share in Hall County, Georgia. Peach State President Ron Quinn named chairman of United Community Bank-Hall County. Deal expected to close Q3 2026 pending regulatory and shareholder approval. Projected to be $0.09 to $0.12 accretive to UCB's EPS in 2027.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• United Community Banks: United Community Banks (NYSE: UCB) is the acquiring regional bank of Peach State — a top-100 U.S. financial institution with $28.2B in assets headquartered in Georgia. Directly comparable as a Southeast-focused regional/community bank with overlapping product set (deposits, commercial loans, treasury management) and overlapping Hall County geography post-close.
• Pinnacle Financial Partners: Pinnacle Financial Partners (NYSE: PNFP) is a Southeast-focused community/regional bank with ~$50B in assets known for high-touch local relationship banking. Comparable as a premium community-banking franchise model emphasizing local decision-making — the same differentiation Peach State has historically claimed.
• ServisFirst Bancshares: ServisFirst Bancshares (NYSE: SFBS) is a Southeast community/regional bank with ~$15B in assets headquartered in Alabama with significant Georgia presence. Comparable as a commercial-banking-focused community franchise with treasury management capabilities — and notably was Peach State's prior credit card issuer prior to July 2023.
• Colony Bankcorp: Colony Bankcorp (NASDAQ: CBAN) is a Georgia community bank holding company with ~$3B+ in assets operating branches across Georgia. Directly comparable as a Georgia-based community bank franchise of similar vintage targeting local consumers, SMBs, and commercial lending.

Broad incumbents

• SouthState Corporation: SouthState Corporation is a Southeast regional bank with ~$45B+ in assets serving consumers and businesses across multiple Southeastern states. Comparable as a larger Southeast banking franchise built largely through community-bank acquisitions, mirroring the consolidation thesis behind the UCB/Peach State deal.
• Bank OZK: Bank OZK (NASDAQ: OZK) is a community-oriented regional bank with ~$40B in assets, with notable expansion into the Southeast. Comparable as a higher-performing community-bank-style franchise that has successfully scaled beyond its regional roots.
• Cadence Bank: Cadence Bank (NYSE: CADE) is a Southeast-focused regional bank with ~$50B in assets providing commercial banking, treasury management, and consumer products. Comparable as a multi-state Southeast community/regional bank with similar SMB and consumer deposit focus.
• Regions Financial: Regions Financial (NYSE: RF) is a large Southeast-headquartered bank with ~$160B in assets. Comparable as a broad incumbent operating community-banking-style branches and commercial banking services throughout Georgia and the broader Southeast.
• Synovus Financial: Synovus Financial (NYSE: SNV) is a large Georgia-headquartered regional bank with ~$60B+ in assets serving consumers, SMBs, and commercial clients across the Southeast. Comparable as a Georgia-anchored commercial and retail banking franchise operating in adjacent markets.
• Atlantic Union Bankshares: Atlantic Union Bankshares (NASDAQ: AUB) is a Mid-Atlantic/Southeast regional bank with ~$30B+ in assets formed through community-bank consolidation. Comparable as a consolidator that targets community banks in attractive markets — analogous to UCB's acquisition of Peach State.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/peachstatebankandtrust
• LinkedInlinkedin.com/company/peach-state-bank-&-trust
• Instagraminstagram.com/peachstatebank
• Xx.com/peachstatebank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peach State Bank & Trust