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The First Bank
The First Bank
| RSSD ID 2385514 | CERTIFICATE 34217 | ABA NUMBER 65303360 |
| 6480 U S Highway 98 W |
Quarter Ended : |
2025-03-31 |
| Hattiesburg, Mississippi, 39402 |
Updated : |
2025-04-30 |
| Institution Profile |
| Year Opened : |
1996 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Employees : |
1,048 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 7,933,164 |
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Total Interest Income | 91,635 |
| Total Liabilities | 6,830,822 |
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Total NonInterest Income | 11,287 |
| Total Bank Equity Capital | 1,102,342 |
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Total Interest Expense | 32,803 |
| Total Deposits | 6,466,366 |
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Total NonInterest Expense | 67,737 |
| Net Loans & Leases | 5,324,338 |
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Net Income | 448 |
| Loan Loss Allowance | 56,076 |
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Net Charge Offs | 629 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 911,203 |
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Total loans | 5,400,404 |
| Total assets for the leverage ratio | 7,671,253 |
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Loans secured by real estate: | 4,660,534 |
| Tier 1 Leverage Ratio | 11.15 |
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Commercial and industrial loans | 673,141 |
| Tier 1 Capital Ratio | 13.79 |
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Loans to individuals - Credit Cards | 1,737 |
| Total Capital Ratio | 14.69 |
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Loans to individuals - Other | 42,129 |
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