First Bank: how it compares with its peers
Against 30 MS banks with half to twice its assets, First Bank's strongest measure in Q2 2026 is return on assets (1.58% vs. a 1.00% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $5.4M).
| Measure | First Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.58% | 1.00% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.04% | 3.82% | Middle third Ahead of 60% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.80% | 65.55% | Middle third Ahead of 63% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $5.4M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 78.77% | 69.18% | Context |
What it means for lending operations
Its efficiency ratio of 63.80% is better than the 65.55% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Choice Bank Pontotoc, MS · $561M
- United Mississippi Bank Natchez, MS · $561M
- 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 Bank
How big is First Bank?
First Bank, established in 1895, is headquartered in Mccomb, MS. It reported $563M in total assets in its Q2 2026 FDIC call report and operates 14 offices.
What is First Bank's return on assets?
1.58% annualized in Q2 2026, against a 1.00% median for 30 MS banks with half to twice its assets, ahead of 77% of them.
What is First Bank's efficiency ratio?
63.80% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 65.55%, and lower is better.
Is First Bank growing its loans?
Net loans grew 8.3% over the year to Q2 2026, while deposits grew 2.3%.
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.