First Choice Bank: how it compares with its peers
Against 30 MS banks with half to twice its assets, First Choice Bank's strongest measure in Q2 2026 is assets per employee ($5.7M vs. a $5.2M peer median). Its weakest relative measure is efficiency ratio (87.16% vs. 65.18%).
| Measure | First Choice Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.38% | 1.05% | Bottom third Ahead of 3% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.83% | 3.82% | Middle third Ahead of 53% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 87.16% | 65.18% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.7M | $5.2M | Middle third Ahead of 57% of peers |
| Loans to deposits Net loans and leases over total deposits. | 78.90% | 69.18% | Context |
What it means for lending operations
Its efficiency ratio of 87.16% is above the 65.18% 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
- United Mississippi Bank Natchez, MS · $561M
- First Bank Mccomb, MS · $563M
- Farmers and Merchants Bank Baldwyn, MS · $566M
- Century Bank Lucedale, MS · $566M
- The Peoples Bank Ripley, MS · $582M
- Bank of Holly Springs Holly Springs, MS · $588M
Questions about First Choice Bank
How big is First Choice Bank?
First Choice Bank, established in 1900, is headquartered in Pontotoc, MS. It reported $561M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is First Choice Bank's return on assets?
0.38% annualized in Q2 2026, against a 1.05% median for 30 MS banks with half to twice its assets, ahead of 3% of them.
What is First Choice Bank's efficiency ratio?
87.16% in Q2 2026: it spent about 87 cents in noninterest expense for each dollar of revenue. The peer median is 65.18%, and lower is better.
Is First Choice Bank growing its loans?
Net loans grew 19.3% over the year to Q2 2026, while deposits grew 12.9%.
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 MS 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 Mississippi bank ranked.