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406 West Avalon Avenue
Muscle Shoals, AL 35661

First Metro Bank is headquartered in Muscle Shoals and is the 16st largest bank in the state of Alabama. It is also the 1,270th largest bank in the nation. It was established in 1988 and as of June of 2014, it had grown to 109 employees at 8 locations. First Metro Bank has a A health rating.

Reviews (4)

Hey HUNNNNN! Hometown Tuscumbia Bank Next To Courthouse

There is an older lady on the drive thru lanes in Tuscumbia that is adorable!  She goes out of her way to talk with you while your transaction is being processed.  She even had a small treat for my yorkie!

One Of The Good Ones Left!

First Metro Bank is one of the very few "hometown" banks left!  When you call you get a human!


Loan Officers That Care

First Metro cares about its customers. When I lost my job, I went in and talked with my loan officer about the situation.  They worked with me and I will never bank anywhere else!

First Metro Bank In Muscle Shoals Sucks

we started using them at the beginning of the year, everything s5arted out great except for my debit card was late and i didn't recieve a pin# until 2 months after i got my card! well, we took out a personal loan, made our payments early every month. my husband was recently starting a new job and were barely a few days late, and they went in our account took out money didn't notify us and charged us with a ton of overdraft fees that were not our fault. the customer service is aweful, excuses being my computer cant access that information. i have talked to several people be very rude rather than help you. i do NOT recommend this bank. they do not process your purchases so they can purposely charge and overdraft fee, then will not help or explain why they didnt process your purchases when they were supposed to. if you want to keep your hard earned money do NOT use this bank.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 First Metro Bank had $1.21 million in non-current loans and owned real-estate with $57.02 million in equity and loan loss allowances on hand to cover it. This gives First Metro Bank a Texas Ratio of 2.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Metro Bank experienced no significant changes from 1.26% as of June 30, 2013 to 2.13% as of June 30, 2014, resulting in a negative change of 68.97%. This indicates that the balance sheet and financial strength for First Metro Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, First Metro Bank has increased its total deposits by $14.04 million, resulting in 3.05% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Metro Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Metro Bank has $530.03 million in assets with $57.02 million in equity, resulting in a capitalization level of 10.76%, which is above average.

Institution Statistics

FDIC Certificate #27381
Year Established1988
Primary RegulatorFDIC
Assets and Liabilities
Assets$530.03 million
Loans$316.72 million
Deposits$473.87 million
Equity Capital$54.19 million
Loan Loss Allowance$2.83 million
Unbacked Noncurrent Loans$675,000
Real Estate Owned$538,000
Historic Data - June 2013
Assets$512.13 million
Equity Capital$50.64 million
Loan Loss Allowance$3.30 million
Unbacked Noncurrent Loans$675,000
Real Estate Owned$350,000
Profit Margin - Quarterly
Return on Assets1.49%
Return on Equity15.35%
Interest Income$10.59 million

Sorry, we do not have rate data for First Metro Bank


First Metro Bank Locations
Lexington Branch11277 Highway 101Lexington, AL 35648
Russellville Branch15315 Highway 43Russellville, AL 35653
Florence Branch2708 Hough RoadFlorence, AL 35630
Main Street Branch301 North Main StreetTuscumbia, AL 35674
Pine Street Branch304 South Pine StreetFlorence, AL 35630
Cloverdale Road Branch3121 Cloverdale RoadFlorence, AL 35633
First Metro Bank406 West Avalon AvenueMuscle Shoals, AL 35661
Highway 43 Branch7400 Highway 43Florence, AL 35634