First Southern Bank: how it compares with its peers
Against 34 AL banks with half to twice its assets, First Southern Bank's strongest measure in Q2 2026 is assets per employee ($6.5M vs. a $7.0M peer median). Its weakest relative measure is return on assets (-2.50% vs. 1.22%).
| Measure | First Southern Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -2.50% | 1.22% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.25% | 3.85% | Bottom third Ahead of 6% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.76% | 57.49% | Bottom third Ahead of 29% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.5M | $7.0M | Bottom third Ahead of 32% of peers |
| Loans to deposits Net loans and leases over total deposits. | 78.75% | 68.51% | Context |
What it means for lending operations
Its efficiency ratio of 67.76% is above the 57.49% 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
- First Community Bank of Central Alabama Wetumpka, AL · $694M
- CCB Community Bank Andalusia, AL · $662M
- The Hometown Bank of Alabama Oneonta, AL · $661M
- MidSouth Bank Dothan, AL · $771M
- Merit Bank Huntsville, AL · $582M
- EvaBank Eva, AL · $491M
Questions about First Southern Bank
How big is First Southern Bank?
First Southern Bank, established in 1934, is headquartered in Florence, AL. It reported $679M in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is First Southern Bank's return on assets?
-2.50% annualized in Q2 2026, against a 1.22% median for 34 AL banks with half to twice its assets, ahead of 0% of them.
What is First Southern Bank's efficiency ratio?
67.76% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 57.49%, and lower is better.
Is First Southern Bank growing its loans?
Net loans shrank 12.9% over the year to Q2 2026, while deposits grew 6.4%.
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.