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First Southern Bank
Florence, AL · FDIC Certificate #29332 · Chartered 01/0
Total assets
$679.15M
Total deposits
$577.09M
Total equity
$59.69M
Net loans
$454.45M
Branches (offices)
10
Net income (YTD)
-$8.74M
Rank: #1,401 of 4,213 U.S. banks by assets · #25 of 93 in Alabama. Assets changed 4.2% and deposits 6.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | -2.50% |
| Return on equity | -27.77% |
| Net interest margin (YTD) | 3.25% |
| Equity to assets | 8.79% |
| Tier 1 leverage ratio | 8.95% |
| Uninsured deposits (share of deposits) | 52.8% |
| Noncurrent loans (share of loans) | 10.86% |
| Net charge-offs (share of loans) | 4.60% |
| Loans to deposits | 78.7% |
| Real estate loans (share of loans) | 75.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $342.27M | 75.3% | |
| Commercial & industrial | $60.10M | 13.2% | |
| Consumer / individual | $3.29M | 0.7% | |
| Construction & development | $29.91M | 6.6% | |
| Agricultural | $55.96M | 12.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $478.88M | $406.41M | $3.23M | $41.72M |
| Jun 2023 | $587.54M | $512.79M | $3.59M | $54.87M |
| Jun 2024 | $628.50M | $522.82M | $3.77M | $62.54M |
| Jun 2025 | $651.88M | $542.44M | $173.00K | $66.72M |
| Jun 2026 | $679.15M | $577.09M | -$8.74M | $59.69M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Alabama | $556.88M | 6 |
| Florida | $17.32M | 2 |
| Mississippi | $1.61M | 1 |
| Arkansas | $1.28M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $577.09M.
Similar-sized banks
Oconee Federal Savings And Loan Association ($679.38M) · First Federal Savings And Loan Association Of Mcminnville ($678.69M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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