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30 South Main Street
Lexington, TN 38351

FirstBank is headquartered in Lexington and is the 3rd largest bank in the state of Tennessee. It is also the 322nd largest bank in the nation. It was established in 1906 and as of March of 2014, it had grown to 679 employees at 55 locations. FirstBank has a B+ health rating.

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Reviews (2)


laughing stock of Nashville banks. Desperate, but have wool completely pulled over the eyes of owner.

Great People, Great Business

This is where my wife & I both bank after moving to M'boro.  It's a very friendly atmosphere, friendly people, & helpful associates.  They even provide awesome rewards with their rewards checking accounts, & searching around they definitely have the best rates in town.  The only thing I have bad to say is that they need to get their act together when it comes to making deposits, we have to fill out over a minutes worth of paperwork with every deposit, but even still we love our neighborhood bank.  Check them out when you get a chance. 


Data for Q1 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 March 31, 2014 FirstBank had $36.01 million in non-current loans and owned real-estate with $255.91 million in equity and loan loss allowances on hand to cover it. This gives FirstBank a Texas Ratio of 14.07% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for FirstBank decreased slightly from 17.85% as of March 31, 2013 to 14.07% as of March 31, 2014, resulting in a positive change of 21.18%.This indicates that the balance sheet and financial strength for FirstBank has improved slightly in recent periods.

Deposit Growth


In the past year, FirstBank has increased its total deposits by $57.33 million, resulting in 3.14% 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 FirstBank 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. FirstBank has $2.32 billion in assets with $255.91 million in equity, resulting in a capitalization level of 11.01%, which is excellent.

Institution Statistics

FDIC Certificate #8663
Year Established1906
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.32 billion
Loans$1.41 billion
Deposits$1.88 billion
Equity Capital$221.69 million
Loan Loss Allowance$34.22 million
Unbacked Noncurrent Loans$27.88 million
Real Estate Owned$8.13 million
Historic Data - March 2013
Assets$2.22 billion
Equity Capital$224.67 million
Loan Loss Allowance$33.85 million
Unbacked Noncurrent Loans$27.88 million
Real Estate Owned$10.93 million
Profit Margin - Quarterly
Return on Assets1.37%
Return on Equity14.24%
Interest Income$21.96 million

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FirstBank has 47 locations. Click to view all FirstBank locations.