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First Southern Bank
Waycross, GA · FDIC Certificate #10055 · Chartered 06/1
Total assets
$347.21M
Total deposits
$312.90M
Total equity
$32.67M
Net loans
$224.46M
Branches (offices)
7
Net income (YTD)
$1.59M
Rank: #2,264 of 4,213 U.S. banks by assets · #60 of 123 in Georgia. Assets changed 4.9% and deposits 4.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.94% |
| Return on equity | 10.00% |
| Net interest margin (YTD) | 4.50% |
| Equity to assets | 9.41% |
| Tier 1 leverage ratio | 10.92% |
| Uninsured deposits (share of deposits) | 38.6% |
| Noncurrent loans (share of loans) | 0.01% |
| Net charge-offs (share of loans) | 0.04% |
| Loans to deposits | 71.7% |
| Real estate loans (share of loans) | 87.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $196.89M | 87.7% | |
| Commercial & industrial | $23.47M | 10.5% | |
| Consumer / individual | $3.33M | 1.5% | |
| Construction & development | $32.09M | 14.3% | |
| Agricultural | $2.78M | 1.2% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $327.49M | $310.69M | $292.00K | $15.95M |
| Jun 2023 | $315.92M | $291.17M | $1.11M | $23.30M |
| Jun 2024 | $313.15M | $285.87M | $1.05M | $25.78M |
| Jun 2025 | $330.95M | $300.34M | $1.50M | $29.12M |
| Jun 2026 | $347.21M | $312.90M | $1.59M | $32.67M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Florida | $178.91M | 3 |
| Georgia | $134.00M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $312.90M.
Similar-sized banks
Kerndt Brothers Savings Bank ($347.22M) · Community Bank Of Raymore ($346.92M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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