PAB Bankshares (PAB Bankshares) Other Cash Payments from Operating Activities

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What is PAB Bankshares Other Cash Payments from Operating Activities?

Other Cash Payments from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.

PAB Bankshares (PAB Bankshares) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PAB Bankshares Inc (OTCPK:PABK) » Definitions » Other Cash Payments from Operating Activities

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PAB Bankshares, Inc. was organized and incorporated in 1982 under the laws of the State of Georgia. It is the holding Company for The Park Avenue Bank. The bank offers traditional banking products and services to commercial and individual customers in its markets. Its product line includes, among other things, loans to small- and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, consumer loans, and a number of commercial and consumer demand, savings and time deposit products. It also offers internet banking, on-line cash management, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, remote depository products and the availability of a network of ATMs to its customers. In addition, through an agreement with a third-party broker-dealer and investment advisory firm, it is able to offer securities brokerage and investment advisory services to its customers. The Company also owns PAB Bankshares Capital Trust II, a Delaware statutory business trust. This non-operating subsidiary's sole purpose is issuing trust preferred securities and investing the proceeds in subordinated debt issued by the company. It faces competitive pressures from both larger regional banks and smaller community banks and thrifts in attracting and retaining commercial and consumer accounts.

Executives

Nicole S Stokes

officer: EVP/CFO

3250 NORTH VALDOSTA ROAD, VALDOSTA GA 31602