Total Assets
$12.7B
Total balance-sheet footings
FDIC Cert #15019 · Southern Pines, North Carolina · Est. 1934
First Bank - FDIC Bank Health Profile
A community-scale look at First Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $12.7B
- Total assets
- A
- Health grade · Excellent
- 0.94%
- Return on assets
- 14.7%
- Tier 1 capital
Data updated July 2026
The verdict
First Bank earns a PlainBankData health grade of A (81/100), with well-capitalized at 14.69% Tier 1, 0.94% ROA, efficient (50% cost ratio).
- #138
- largest of 4,313 FDIC banks by assets
- 97th
- percentile by asset size, nationally
- 14.69%
- Tier 1 ratio - above the 10% well-capitalized line
- 39th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How First Bank's 81/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Bank's composite health score
Tier 1 Capital Ratio (14.69%) 35/40
Return on Assets (ROA) (0.94%) 14/25
Texas Ratio (1.98%) 20/20
Efficiency Ratio (50.34%) 12/15
81 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$10.8B
Customer-funded liabilities
Net Loans
$8.6B
Outstanding loan book
Net Income
$118M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Bank's score of 81/100 falls in the highlighted band.
First Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First Bank's $12.7B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
14.69% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
14.69%
Texas Ratio
1.98%
Equity Capital
$1.7B
Profitability metrics
Return on Assets (ROA)
39th percentile nationally
0.94%
Return on Equity (ROE)
7.26%
Efficiency Ratio
50.34%
What the numbers say about First Bank
First Bank is an FDIC-insured institution (Certificate #15019) headquartered in Southern Pines, North Carolina, established in 1934. It holds $12.7B in total assets - 138th of 4,313 FDIC-insured banks, $10.8B in customer deposits, and $8.6B in net loans. Capital-wise, the Tier 1 ratio sits at 14.69%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 1.98%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (81 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, First Bank sits in the top decile of all FDIC-insured institutions by asset size (138th of 4,313), and within North Carolina it ranks 5th of 38 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is Southern Bank and Trust Company, at $5.2B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$557M
Interest Income
$73M
Non-Interest Income
$246M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Bank reports a Texas Ratio of 1.98% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.98% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in North Carolina by total assets
National size peers: banks closest to First Bank by assets
Measured strictly by total assets rather than geography, First Bank's closest national peers include PlainsCapital Bank, Dollar Bank, Federal Savings Bank, BMW Bank of North America, Safra National Bank of New York, spanning 5 different states -- a reminder that at this scale, competition and comparison happen nationally, not just within North Carolina. Averaged across this asset-matched cohort, return on assets runs 1.29% (First Bank is below that at 0.94%), the efficiency ratio averages 56.49% (First Bank runs leaner at 50.34%), and Tier 1 capital averages 15.28% (First Bank holds less at 14.69%). None of this cohort competes on branch count alone -- balance-sheet scale, funding mix, and regulatory capital posture are the metrics that actually separate similarly-sized institutions.
At $12.7B in assets, First Bank has crossed the $10 billion threshold at which the CFPB takes over direct supervision for consumer-protection compliance under Dodd-Frank Act Section 1025, rather than leaving that oversight solely to the bank's primary prudential regulator.
| Bank | State | Assets | ROA | Efficiency | Tier 1 |
|---|---|---|---|---|---|
| First Bank (this bank) | NC | $12.7B | 0.94% | 50.34% | 14.69% |
| PlainsCapital Bank | TX | $12.7B | 1.05% | 74.52% | 14.49% |
| Dollar Bank, Federal Savings Bank | PA | $12.5B | 0.53% | 75.71% | 15.21% |
| BMW Bank of North America | UT | $12.8B | 2.31% | 17.65% | 14.53% |
| Safra National Bank of New York | NY | $12.5B | 0.92% | 64.01% | 22.33% |
| Oriental Bank | PR | $12.4B | 1.59% | 52.92% | 13.44% |
| First Commonwealth Bank | PA | $12.3B | 1.33% | 54.10% | 11.69% |
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Bank (FDIC Cert #15019) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in North Carolina
All North Carolina banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bank of America, National AssociationCharlotte | $2.64T | A | 1.15% |
| Truist BankCharlotte | $539.5B | A | 1.04% |
| First-Citizens Bank & Trust CompanyRaleigh | $229.3B | B | 1.00% |
| Live Oak Banking CompanyWilmington | $15.1B | C | 0.82% |
| Southern Bank and Trust CompanyMount Olive | $5.2B | A | 1.19% |
| HomeTrust BankAsheville | $4.5B | A | 1.43% |
| The Fidelity BankFuquay Varina | $4.4B | A | 1.74% |
| First Carolina BankRocky Mount | $3.3B | C | 0.51% |
Frequently asked questions
What is First Bank's health grade?▼
First Bank receives a health grade of A (81/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is First Bank?▼
First Bank holds $12.7B in total assets and $10.8B in deposits, ranking 138th of 4,313 FDIC-insured banks by asset size. It is headquartered in Southern Pines, North Carolina.
Is my money safe at First Bank?▼
Yes, deposits at First Bank (Certificate #15019) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Bank's Tier 1 Capital Ratio?▼
First Bank has a Tier 1 Capital Ratio of 14.69%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for First Bank?▼
First Bank has a Texas Ratio of 1.98%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First Bank?▼
First Bank has an Efficiency Ratio of 50.34%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Bank's profile as a depositor or analyst.
- First Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Bank against other North Carolina banks before moving funds. North Carolina banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.