PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Bank of Boaz

Boaz, AL · Cert 2784 · First Boaz Bcorp

State charter, non-member · FDIC · 1 branch

Q2 2026

$239.8MAssets
$70.1MLoans
$208.0MDeposits
$29.0MEquity
Loan mix
79%RE $51.5M13%C&I $8.7M8%Consumer $5.0MQ3 2024Q2 2026
Deposit mix
73%Interest-bearing $151.8M27%Noninterest $56.3MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.95%, down 3 bps year over year; NIM at 2.37%.
  • Asset quality: problem loans at 0.05% of loans (-2 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 19.66%, up 66 bps from a year ago.
  • Funding: loans stand at 33.72% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

0.95%-3 bps YoY

Net Interest Margin (quarter, annualized)

2.37%+1 bps YoY

Efficiency Ratio (quarter, annualized)

60.25%+307 bps YoY

Tier 1 Leverage Ratio

19.66%+66 bps YoY

NIM

4.30%Q2 ’243.85%Q2 ’253.84%Q2 ’26-1%+1%

Non-interest income vs. expense

1.46%Q2 ’241.43%Q2 ’251.54%Q2 ’26+0%+6%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%1.01%0.69%0.98%1.14%0.95%0.76%0.95%-3 bps
Return on Equity8.57%9.13%6.87%9.58%10.47%7.96%6.23%7.96%-161 bps
Net Interest Margin2.35%2.45%2.25%2.35%2.35%2.35%2.25%2.37%+1 bps
Efficiency Ratio57.10%53.25%57.28%57.18%53.45%55.83%64.03%60.25%+307 bps
Non-Interest Burden1.26%1.21%1.22%1.28%1.09%1.24%1.38%1.35%+8 bps
Growth
Asset Growth (YoY)2.81%-0.99%1.43%-4.41%-0.54%-0.81%-5.80%-0.62%+379 bps
Loan Growth (YoY)8.32%3.32%0.28%1.25%0.17%7.11%7.50%8.07%+682 bps
Deposit Growth (YoY)-3.55%2.41%3.67%2.38%7.94%4.27%-0.49%1.15%-123 bps
Asset Quality
Nonperforming Loans / Loans0.57%0.53%0.07%0.07%0.01%0.00%0.04%0.05%-2 bps
Net Charge-Offs / Loans0.00%0.09%-0.01%0.01%-0.01%0.00%0.00%-0.03%-4 bps
Allowance / Loans1.59%1.59%1.60%1.58%1.56%1.48%1.49%1.47%-11 bps
Allowance Coverage of NPLs2.8x3.0x23.3x23.8x171.0xn/a41.0x30.3x+6.5x
Capital
Tier 1 Leverage Ratio20.28%21.06%18.93%19.00%19.33%19.88%19.98%19.66%+66 bps
Total Risk-Based Capital20.28%21.06%18.93%19.00%19.33%19.88%19.98%19.66%+66 bps
Equity / Assets12.13%9.88%10.18%10.26%11.51%12.41%11.85%12.07%+182 bps
Liquidity & Funding
Loans / Deposits33.33%33.04%31.28%31.56%30.93%33.94%33.79%33.72%+216 bps
Liquid Assets / Assets6.88%6.92%12.19%8.73%9.40%4.07%4.79%3.54%-519 bps
CRE / Total Capitaln/an/an/an/a53.52%59.31%58.29%n/an/a