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We were founded on two service principles upon which we continue to uphold:

Always listen to the needs of our customers, and keep the banking process as simple as possible

William F Easterlin

Meet Our CEO

William F. Easterlin, III President & CEO

“It is our responsibility to be responsive to business and individual banking needs in a way that values the relationships that we've developed over the past century.”

A great deal has happened since Queensborough National Bank & Trust was founded in 1902 as First National Bank of Louisville in Louisville, Georgia. Our promise then was “great service and uncomplicated banking”. Over a century later, those values still hold. We’ve changed our name but never our promise. We were ahead of our time then and we are still a bank ahead of our time today. Our footprint stretches from Augusta to Savannah with 26 locations and potential for growth in the near future. Our President & CEO, Bill Easterlin, is a 4th generation CEO that takes great pride in preserving the bank’s history and founding core values. As a community bank, we offer all of the essential products and services you will find from larger banks including smartphone banking and a full array of on-line deposit capabilities. We take pride in our technology. But, the biggest difference is our attitude of service toward our customers at every level. We value relationships. We work for our customers and appreciate them. As automated as banking has become, we know that it is still a “people” business. We are Queensborough - Georgia’s Community Bank since 1902.

Executive Management

William F. Easterlin, III

President, CEO

Jeffrey L. Karafa

Chief Financial Officer

Richard H. Peacock

Chief Credit Officer

William R. Thompson

Chief Lending Officer

Kimberly S. Kirk

Chief Operations Officer

Sheryl R. Reed, SPHR, SHRM-SCP

Chief Human Resource Officer

Julie W. Evans

Corporate Secretary

D. Phil Polhill, CPA

EVP of Finance

Clare C. Easterlin, SPHR, SHRM-CP

Chief Risk Officer

John J. Jackson, II

Senior Credit Officer

Tillman Sauls

Senior Credit Officer

Dagan Sharpe

Head Of Wealth

Mike English

Coastal Region President
Senior Lending Officer

Adam Harris

Augusta Region President
Senior Lending Officer

Board Of Directors

William F. Easterlin, III

Chairman of the Board

J. Thomas Battle

Board Member

L.J. Bowles, III

Board Member

Gretchen B. Caughman, PhD

Board Member

Clare C. Easterlin, SPHR, SHRM-CP

Board Member

W. Abbot Easterlin, PA-C

Board Member

Charles Troy Jordan

Board Member

D. Phil Polhill, CPA

Board Member

Charles E. Smith, Jr.

Board Member

Paul G. Trotter, DDS

Board Member

Jermaine Whirl, EdD

Board Member



Stockholder Letter


As we take stock of Queensborough's financial journey throughout 2023, I am pleased to share our annual review with you. Despite encountering various challenges, I am both proud and grateful to report on our continued commitment to delivering exceptional service, fostering growth, and positively impacting the communities we serve.


In 2023, Queensborough maintained its legacy of excellence, achieving robust figures in key financial metrics. Our total loans reached an impressive $1,165,939,000, showcasing our dedication to supporting individuals and businesses in pursuit of their aspirations. Additionally, our total assets surged to $2,076,760,000, a testament to our prudent financial management and strategic initiatives.


While our net income for the year experienced a slight decline compared to the previous year, standing at $15,165,000, it highlights the resilience of our institution amidst evolving market dynamics and economic uncertainties.


Our commitment to enhancing shareholder value remains steadfast, as evidenced by our earnings per share of $11.37. Although this figure reflects a decrease from 2022's earnings per share of $14.64, we maintain confidence in our ability to navigate challenges and seize opportunities for long-term growth and profitability.


A notable achievement of 2023 was the opening of our 25th retail branch location in Hinesville, Georgia. This expansion not only underscores our dedication to serving the needs of our growing customer base but also reinforces our presence in the local communities we are privileged to be a part of.


Furthermore, Queensborough expanded its offerings in wealth management and insurance, empowering our clients to achieve financial security and peace of mind. Additionally, we launched an internal financial literacy accreditation program, certifying 96 of our employees to educate others on the importance of financial wellness—a testament to our commitment to empowering individuals and fostering economic prosperity.


As we look ahead, I want to express my sincere gratitude to our shareholders, clients, and dedicated employees for their unwavering support and commitment to Queensborough's mission. Together, we will continue to innovate, adapt, and thrive in an ever-changing landscape, ensuring a brighter future for all.


Thank you for your continued trust and confidence in Queensborough.

Read more in the Annual Report

Financials at a Glance

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