First Bank of Alabama: how it compares with its peers
Against 17 AL banks with half to twice its assets, First Bank of Alabama's strongest measure in Q2 2026 is net interest margin (4.34% vs. a 3.72% peer median). Its weakest relative measure is efficiency ratio (61.76% vs. 58.60%).
| Measure | First Bank of Alabama | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.31% | 1.28% | Middle third Ahead of 59% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.34% | 3.72% | Top third Ahead of 76% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.76% | 58.60% | Middle third Ahead of 41% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.4M | $7.6M | Middle third Ahead of 41% of peers |
| Loans to deposits Net loans and leases over total deposits. | 65.94% | 71.46% | Context |
What it means for lending operations
Its efficiency ratio of 61.76% is above the 58.60% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- SouthPoint Bank Birmingham, AL · $1.36B
- Peoples Bank of Alabama Cullman, AL · $1.42B
- United Bank Atmore, AL · $1.48B
- Citizens Bank & Trust Guntersville, AL · $1.20B
- Metro Bank Pell City, AL · $1.18B
- First US Bank Birmingham, AL · $1.15B
Questions about First Bank of Alabama
How big is First Bank of Alabama?
First Bank of Alabama, established in 1848, is headquartered in Talladega, AL. It reported $1.36B in total assets in its Q2 2026 FDIC call report and operates 18 offices.
What is First Bank of Alabama's return on assets?
1.31% annualized in Q2 2026, against a 1.28% median for 17 AL banks with half to twice its assets, ahead of 59% of them.
What is First Bank of Alabama's efficiency ratio?
61.76% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 58.60%, and lower is better.
Is First Bank of Alabama growing its loans?
Net loans grew 15.1% over the year to Q2 2026, while deposits grew 19.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are AL banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Alabama bank ranked.