PackageTrendsPeer
Letter portraitLegal landscape

First National Bank of South Mississippi, The

Hattiesburg, MS · Cert 34217

FDIC · 115 branches

Q1 2025

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q1 2025, the quarter ended March 31, 2025, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=289 to 295). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

73

Q2 2024Q1 2025peer median (50)

Asset Quality

39

Q2 2024Q1 2025peer median (50)

Profitability

17

Q2 2024Q1 2025peer median (50)

Liquidity

87

Q2 2024Q1 2025peer median

Efficiency

2

Q2 2024Q1 2025peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First National Bank of South Mississippi, The

Hattiesburg, MS · Cert 34217

FDIC · 115 branches

Q1 2025

$7.9BAssets
$5.4BLoans
$6.5BDeposits
$1.1BEquity
Loan mix
83%RE $3.4B16%C&I $0.7B1%Consumer $0.0BQ1 2024Q1 2025
Deposit mix
72%Interest-bearing $4.7B28%Noninterest $1.8BQ1 2024Q1 2025

NIM

3.98%Q1 ’234.55%Q1 ’244.57%Q1 ’25-12%0%

Non-interest income vs. expense

2.10%Q1 ’232.09%Q1 ’243.38%Q1 ’25-1%+93%

Market Position · Gulfport-Biloxi, MS · 2024 SOD (annual) · 11.0% share · #3 of 16 inst. · $0.9B of $8.2B

5.8% Baldwin
4.2% Leon
13.5% Jackson
3.1% Mobile

Executive Summary

  • Earnings: ROA of 0.02%, down 113 bps year over year; NIM at 3.07%.
  • Asset quality: problem loans at 0.55% of loans (+32 bps YoY), with net charge-offs at 0.05%.
  • Capital: tier 1 leverage ratio of 11.15%, up 36 bps from a year ago.
  • Funding: loans stand at 83.24% of deposits as of Q1 2025.

Financial Results

Return on Assets (YTD, annualized)

0.02%-113 bps YoY

Net Interest Margin (YTD, annualized)

3.07%-1 bps YoY

Efficiency Ratio (YTD, annualized)

93.21%+3,796 bps YoY

Tier 1 Leverage Ratio

11.15%+36 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets1.15%1.14%1.15%1.14%0.02%-113 bps
Return on Equity8.68%8.52%8.45%8.38%0.16%-851 bps
Net Interest Margin3.08%3.11%3.13%3.16%3.07%-1 bps
Efficiency Ratio55.25%54.87%54.85%55.39%93.21%+3,796 bps
Non-Interest Burden1.46%1.46%1.48%1.52%2.81%+136 bps
Growth
Asset Growth (YoY)-0.63%1.35%1.04%0.06%-0.30%+34 bps
Loan Growth (YoY)3.42%4.77%4.43%4.60%4.63%+121 bps
Deposit Growth (YoY)0.66%1.91%1.10%2.09%-3.78%-445 bps
Asset Quality
Nonperforming Loans / Loans0.23%0.28%0.33%0.41%0.55%+32 bps
Net Charge-Offs / Loans0.01%0.02%0.02%0.03%0.05%+4 bps
Allowance / Loans1.05%1.05%1.05%1.04%1.04%-1 bps
Allowance Coverage of NPLs4.6x3.7x3.1x2.6x1.9x-2.7x
Capital
Tier 1 Leverage Ratio10.79%11.16%11.39%11.64%11.15%+36 bps
Total Risk-Based Capital14.93%15.09%15.20%15.37%14.69%-23 bps
Equity / Assets13.41%13.58%14.09%13.94%13.90%+48 bps
Liquidity & Funding
Loans / Deposits76.54%79.23%81.04%81.84%83.24%+670 bps
Liquid Assets / Assets10.72%8.78%8.66%8.62%8.56%-216 bps
CRE / Total Capitaln/an/an/an/an/an/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

First National Bank of South Mississippi, The

Hattiesburg, MS · Cert 34217 · Peer group: banks $1B-$10B in assets (n=289-295)

FDIC · 115 branches

Q1 2025

$7.9BAssets
$5.4BLoans
$6.5BDeposits
$1.1BEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 92% of banks $1B-$10B in assets (rank 25 of 295).
  • Widest gap: efficiency ratio trails 98% of banks $1B-$10B in assets (rank 287 of 293).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.02%

Rank 284 of 295

Net Interest Margin

3.07%

Rank 164 of 295

Efficiency Ratio

96.60%

Rank 287 of 293

Equity / Assets

13.90%

Rank 25 of 295

Non-interest income vs. expense

$45.1M$270.9MINCOMEEXPENSE
Unfavorable gap of $225.8M · efficiency ratio beats 2% of banks $1B-$10B in assets
Bank 96.60%Peer median 64.4%Q3 2024Q1 2025Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.02%0.66%0.99%1.28%Beats 4%284 / 295
Return on Equity0.16%6.86%10.32%12.56%Beats 4%284 / 295
Net Interest Margin3.07%2.78%3.17%3.67%Beats 44%164 / 295
Efficiency Ratio96.60%55.64%64.40%72.15%Beats 2%287 / 293
Asset Quality
Nonperforming Loans / Loans0.55%0.14%0.43%0.88%Beats 43%167 / 289
Net Charge-Offs / Loans0.02%0.00%0.01%0.03%Beats 35%188 / 289
Capital
Tier 1 Capital Ratio13.79%11.30%12.70%14.80%Beats 65%103 / 295
Total Risk-Based Capital Ratio14.69%12.21%13.57%15.83%Beats 63%110 / 295
Equity / Assets13.90%8.74%9.92%11.39%Beats 92%25 / 295
Liquidity & Funding
Loans / Deposits83.24%77.01%86.08%94.78%40th pctl175 / 290
Loans / Assets67.85%65.46%73.72%80.10%31st pctl200 / 289
Brokered Deposits / Depositsn/aNot reported for this institution