The First is headquartered in Hattiesburg and is the 6th largest bank in the state of Mississippi. It is also the 230th largest bank in the nation. It was established in 1996 and as of March of 2022, it had grown to 797 employees at 89 locations. The First has an A+ health rating.
The First Bank in Tallahassee has gone down in customer service since hiring some new people this year. I am very disappointed in their lack of concern and after 35 years I feel sicken by how they have changed for the worse since the First took over control of Sunshine Savings.
|FDIC Certificate #||34217|
|Return on Assets - YTD||1.12%|
|Return on Equity - YTD||9.17%|
|Annual Interest Income||$42.7MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$6.19B$5.44B|
|Loans||Q1 2022vs Q1 2021||$2.95B$3.04B|
|Deposits||Q1 2022vs Q1 2021||$5.45B$4.68B|
|Equity Capital||Q1 2022vs Q1 2021||$716.5MM$729.2MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$31.6MM$32.7MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$24.7MM$31.1MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$2.8MM$5.8MM|
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