Total Assets
$732M
Total balance-sheet footings
FDIC Cert #29332 · Florence, Alabama · Est. 1934
First Southern Bank - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $732M
- Total assets
- D
- Health grade · Weak
- 0.01%
- Return on assets
- 10.0%
- Tier 1 capital
Data updated July 2026
The verdict
First Southern Bank earns a PlainBankData health grade of D (41/100), with 9.97% Tier 1 capital, 0.01% ROA, efficient (59% cost ratio).
- #1,340
- largest of 4,313 FDIC banks by assets
- 69th
- percentile by asset size, nationally
- 9.97%
- Tier 1 ratio - below the 10% well-capitalized line
- 6th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How First Southern Bank's 41/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Southern Bank's composite health score
Tier 1 Capital Ratio (9.97%) 18/40
Return on Assets (ROA) (0.01%) 7/25
Texas Ratio (39.31%) 4/20
Efficiency Ratio (59.20%) 12/15
41 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$621M
Customer-funded liabilities
Net Loans
$499M
Outstanding loan book
Net Income
$97K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Southern Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Southern Bank's score of 41/100 falls in the highlighted band.
First Southern 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 Southern Bank's $732M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
9.97% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
9.97%
Texas Ratio
39.31%
Equity Capital
$68M
Profitability metrics
Return on Assets (ROA)
6th percentile nationally
0.01%
Return on Equity (ROE)
0.14%
Efficiency Ratio
59.20%
What the numbers say about First Southern Bank
First Southern Bank is an FDIC-insured institution (Certificate #29332) headquartered in Florence, Alabama, established in 1934. It holds $732M in total assets - 1,340th of 4,313 FDIC-insured banks, $621M in customer deposits, and $499M in net loans. On safety, its Tier 1 capital ratio of 9.97% is below the 10% well-capitalized threshold, and its Texas Ratio of 39.31% sits in the healthy range below 50%. It earns a PlainBankData health grade of D (41/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Alabama, First Southern Bank ranks 24th of 94 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$40M
Interest Income
$2M
Non-Interest Income
$15M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Southern Bank reports a Texas Ratio of 39.31% - within the generally healthy range below the 50% level analysts watch.
Texas Ratio
Caution 50%
39.31% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at First Southern Bank
First Southern Bank's grade of D reflects specific pressure points in the FDIC Call Report. Its Tier 1 capital ratio of 9.97% is below the 10% "well-capitalized" benchmark.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at First Southern Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in Alabama by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Southern Bank (FDIC Cert #29332) - 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 Alabama
All Alabama banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Regions BankBirmingham | $157.4B | A | 1.43% |
| ServisFirst BankBirmingham | $17.7B | A | 1.58% |
| River Bank & TrustPrattville | $3.8B | A | 1.18% |
| Bank IndependentSheffield | $3.0B | B | 1.01% |
| Bryant BankTuscaloosa | $2.9B | A | 1.69% |
| CB&S Bank, Inc.Russellville | $2.9B | C | 0.85% |
| Oakworth Capital BankBirmingham | $2.0B | B | 1.17% |
| Troy Bank & Trust CompanyTroy | $1.6B | A | 1.34% |
Frequently asked questions
What is First Southern Bank's health grade?▼
First Southern Bank receives a health grade of D (41/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is First Southern Bank?▼
First Southern Bank holds $732M in total assets and $621M in deposits, ranking 1,340th of 4,313 FDIC-insured banks by asset size. It is headquartered in Florence, Alabama.
Is my money safe at First Southern Bank?▼
Yes, deposits at First Southern Bank (Certificate #29332) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Southern Bank's Tier 1 Capital Ratio?▼
First Southern Bank has a Tier 1 Capital Ratio of 9.97%. The federal "well-capitalized" threshold is 10%. This bank meets the minimum 6% "adequately capitalized" standard.
What is the Texas Ratio for First Southern Bank?▼
First Southern Bank has a Texas Ratio of 39.31%. A ratio below 50% is generally considered 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 Southern Bank?▼
First Southern Bank has an Efficiency Ratio of 59.20%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Southern Bank's profile as a depositor or analyst.
- First Southern Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Southern Bank against other Alabama banks before moving funds. Alabama 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.