Florence, AL · Cert 29332 · First Southern Bancshares Inc.
State charter, non-member · FDIC · 10 branches
Q2 2026
Market Position · Florence-Muscle Shoals, AL · 2026 SOD (annual) · 14.0% share · #3 of 16 inst. · $0.5B of $3.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.41% | 1.02% | 0.30% | -0.20% | 0.09% | -0.12% | -4.34% | -0.62% | -41 bps | |
| Return on Equity | 14.06% | 10.27% | 3.03% | -1.99% | 0.86% | -1.29% | -47.61% | -6.99% | -500 bps | |
| Net Interest Margin | 3.97% | 3.58% | 3.12% | 3.76% | 3.66% | 3.56% | 3.19% | 2.97% | -79 bps | |
| Efficiency Ratio | 51.75% | 56.34% | 65.71% | 61.30% | 58.88% | 52.02% | 61.87% | 74.28% | +1,298 bps | |
| Non-Interest Burden | 1.92% | 1.89% | 1.97% | 2.22% | 2.04% | 1.74% | 1.89% | 2.13% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.38% | 6.02% | 5.71% | 3.72% | 6.14% | 7.81% | 5.72% | 4.18% | +46 bps | |
| Loan Growth (YoY) | 7.94% | 7.95% | 2.42% | -1.92% | -5.24% | -7.95% | -13.05% | -11.44% | -952 bps | |
| Deposit Growth (YoY) | 2.98% | 1.11% | 0.85% | 3.75% | 7.13% | 8.96% | 8.08% | 6.39% | +264 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.33% | 3.02% | 5.85% | 5.73% | 6.34% | 5.94% | 7.38% | 10.86% | +513 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.85% | 0.48% | 3.61% | 1.40% | 1.37% | 9.96% | -0.56% | -417 bps | |
| Allowance / Loans | 1.35% | 1.24% | 1.36% | 1.06% | 1.22% | 1.59% | 1.89% | 2.66% | +160 bps | |
| Allowance Coverage of NPLs | 4.1x | 0.4x | 0.2x | 0.2x | 0.2x | 0.3x | 0.3x | 0.2x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.31% | 10.32% | 10.36% | 10.31% | 10.17% | 9.97% | 8.66% | 8.95% | -136 bps | |
| Total Risk-Based Capital | 10.31% | 10.32% | 10.36% | 10.31% | 10.17% | 9.97% | 8.66% | 8.95% | -136 bps | |
| Equity / Assets | 10.18% | 9.77% | 10.33% | 10.23% | 9.86% | 9.36% | 8.86% | 8.79% | -144 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.02% | 96.53% | 100.51% | 97.18% | 91.12% | 81.55% | 80.86% | 80.90% | -1,628 bps | |
| Liquid Assets / Assets | 8.42% | 13.47% | 11.30% | 12.12% | 14.29% | 19.13% | 10.74% | 9.94% | -218 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 222% | 210% | 235% | n/a | n/a | |