First City Bank

Overview / Commentary

www.firstcitybank.com

850-244-5151

135 Perry Avenue, S.E.
Fort Walton Beach, FL 32548

First City Bank is headquartered in Fort Walton Beac and is the 90^th largest bank in the state of Florida. It is also the 3,341^st largest bank in the nation. It was established in 1948 and as of March of 2019, it had grown to 40 employees at 2 locations. First City Bank's money market rates are 2X the national average, but it has a F health rating.

View all posts from:

2010
2009
2008

2/3 - 15-Month CD Special at First City Bank
2/3 - First City Bank Offering 15

10/24 - Reward Checking Account at First City Bank in Florida
6/4 - 3.00% 24-Month CD at First City Bank in NW Florida - Local Only

5/14 - 4.01% 13-Month CD at a Florida Panhandle Bank (First City).

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2019

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First City Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #	16748
Year Established	1948
Employees	40
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.52%
Return on Equity - YTD	-21.09%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$155.5MM$179.6MM
Loans	Q1 2019vs Q1 2018	$93.3MM$109.0MM
Deposits	Q1 2019vs Q1 2018	$141.2MM$164.7MM
Equity Capital	Q1 2019vs Q1 2018	$3.8MM$4.3MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$2.7MM$2.7MM
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$9.4MM$15.9MM
Real Estate Owned	Q1 2019vs Q1 2018	$21.7MM$21.4MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First City Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First City Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	-	-	Relationship Savings
0.25%	-	-	First Savings

First City Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.90%^*	$100k^*	-	Money Market
OTHER TIERS: 0.15% → Up to $2.5k \| 0.25% → $2.5k - $10k \| 0.50% → $10k - $25k \| 0.75% → $25k - $100k

First City Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.80%^*	$50k^*	-	City Club Relationship Checking
OTHER TIERS: 0.50% → Up to $50k

First City Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.92%	$1k	-	24-29 Month CD
1.90%	$1k	-	60 Month CD
1.80%	$1k	-	48-59 Month CD
1.76%	$1k	-	18-23 Month CD
1.75%	$1k	-	36-47 Month CD
1.70%	$1k	-	12-17 Month CD
1.35%	$1k	-	30-35 Month CD
1.00%	$1k	-	180-364 Day CD
0.50%	$1k	-	90-179 Day CD
0.26%	$1k	-	30-89 Day CD

First City Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.16%	-	-	24 Month Fixed-Rate IRA
1.10%	-	-	12 Month Variable IRA
1.10%	-	-	12 Month Fixed-Rate IRA

Locations

First City Bank Locations
First City Bank Of Florida	135 Perry Avenue, S.E.	Fort Walton Beach, FL 32548
Destin Branch	363 East U.S. Highway 98	Destin, FL 32541

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.