Total Assets
$328M
Total balance-sheet footings
FDIC Cert #10055 · Waycross, Georgia · Est. 1907
First Southern Bank - FDIC Bank Health Profile
A community-scale look at First Southern Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $328M
- Total assets
- B
- Health grade · Good
- 0.90%
- Return on assets
- 14.0%
- Tier 1 capital
Data updated July 2026
The verdict
First Southern Bank earns a PlainBankData health grade of B (73/100), with well-capitalized at 13.95% Tier 1, 0.90% ROA, 74% efficiency ratio.
- #2,369
- largest of 4,313 FDIC banks by assets
- 45th
- percentile by asset size, nationally
- 13.95%
- Tier 1 ratio - above the 10% well-capitalized line
- 36th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How First Southern Bank's 73/100 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 (13.95%) 35/40
Return on Assets (ROA) (0.90%) 14/25
Texas Ratio (0.08%) 20/20
Efficiency Ratio (73.82%) 4/15
73 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$288M
Customer-funded liabilities
Net Loans
$229M
Outstanding loan book
Net Income
$3M
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 73/100 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 $328M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
13.95% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
13.95%
Texas Ratio
0.08%
Equity Capital
$31M
Profitability metrics
Return on Assets (ROA)
36th percentile nationally
0.90%
Return on Equity (ROE)
10.10%
Efficiency Ratio
73.82%
What the numbers say about First Southern Bank
First Southern Bank is an FDIC-insured institution (Certificate #10055) headquartered in Waycross, Georgia, established in 1907. It holds $328M in total assets - 2,369th of 4,313 FDIC-insured banks, $288M in customer deposits, and $229M in net loans. Looking at capital strength, Tier 1 stands at 13.95%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 0.08%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of B (73/100), 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 Georgia, First Southern Bank ranks 65th of 129 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$18M
Interest Income
$2M
Non-Interest Income
$12M
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 0.08% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.08% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Georgia by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Southern Bank (FDIC Cert #10055) - 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 Georgia
All Georgia banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Ameris BankAtlanta | $27.4B | A | 1.64% |
| RBC Bank, (Georgia) National AssociationAtlanta | $8.0B | A | 2.48% |
| Metro City BankDoraville | $4.7B | A | 1.79% |
| Colony BankFitzgerald | $3.7B | B | 0.92% |
| Georgia Banking CompanyAtlanta | $2.7B | B | 0.96% |
| United BankZebulon | $2.3B | A | 2.66% |
| Pinnacle BankElberton | $2.3B | B | 1.29% |
| Queensborough National Bank & Trust CompanyLouisville | $2.2B | A | 1.05% |
Frequently asked questions
What is First Southern Bank's health grade?▼
First Southern Bank receives a health grade of B (73/100) 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 good financial health with solid capital levels above regulatory minimums.
How large is First Southern Bank?▼
First Southern Bank holds $328M in total assets and $288M in deposits, ranking 2,369th of 4,313 FDIC-insured banks by asset size. It is headquartered in Waycross, Georgia.
Is my money safe at First Southern Bank?▼
Yes, deposits at First Southern Bank (Certificate #10055) 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 13.95%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for First Southern Bank?▼
First Southern Bank has a Texas Ratio of 0.08%. 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 73.82%. Above 60% means a larger share of revenue goes to operating costs. 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 Georgia banks before moving funds. Georgia 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.