Vitals
  • Total Assets
    1.0B 4.7 %
  • Total Deposits
    882.0M 5.5 %
  • Total Net Loans
    619.8M 20.6 %
  • Net Income
    2.0M 298.2 %
  • Book Value
    157.2M 0.2 %
  • Book Value x2
    314.4M 0.2 %
  • Book Value x3
    471.5M 0.2 %
ROAA

.761

ROAE

5.135

Efficiency Ratio

99.644

Net Interest Margin

3.492

Balance Sheet Highlights
Financial Highlights First Southern Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 1,042,140 423,640
Total Net Loans 619,839 259,384
Total Deposits 882,020 353,962
Total Equity 157,180 43,623
Profitability
Net Income 1,995 584
Return on Average Assets .761 .507
Return on Average Equity 5.135 4.981
Net Interest Margin 3.492 3.537
Efficiency Ratio 99.644 82.634
Noninterest Income/Revenue -.607 12.413
Balance Sheet Ratios
Loan-to-Deposit 70.275 72.617
Securities/Assets .206 .182
Total Equity/Total Assets .151 .103
Tangible Equity/Tangible Assets .128 .099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 137,514 39,324
Tier 2 Capital 9,017 3,185
Total Capital 146,531 42,547
Total Risk Weighted Assets 719,319 273,492
Leverage Ratio 13.42 9.874
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 19.12 15.181
Total Capital Ratio 20.37 16.381

Timeline for First Southern Bank

Centerstate Bank Of Florida, National Association

First Southern Bank was acquired by Centerstate Bank Of Florida, National Association 9 years

View Profile Jun 02 2014

First Commercial Bank Of Florida

Acquisition: First Southern Bank acquired a new subsidiary, First Commercial Bank Of Florida, 13 years

View Profile Jan 08 2011

Haven Trust Bank Florida

Acquisition: First Southern Bank acquired a new subsidiary, Haven Trust Bank Florida, 13 years

View Profile Sep 25 2010

First Southern Bancorp, Inc.

First Southern Bancorp, Inc. became a new parent organization for First Southern Bank.

View Profile Jan 05 1996

First Southern Bank

First Southern Bank was established 36 years ago and is currently headquartered in Boca Raton, FL.

Sep 14 1987
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Centerstate Bank Of Florida, National Association Buyer 5,005,472 Acquisition Discontinued 6/2/2014
First Commercial Bank Of Florida Seller 578,638 Failure 1/8/2011
Haven Trust Bank Florida Seller 148,575 Failure 9/25/2010
Relationships Role Relationship Start Relationship End
First Southern Bancorp, Inc. Parent 4/30/2001 6/1/2014
First Southern Bancorp, Inc. Parent 12/31/1998 4/29/2001
First Southern Bancorp, Inc. Parent 12/31/1997 12/30/1998
First Southern Bancorp, Inc. Parent 12/31/1996 12/30/1997
First Southern Bancorp, Inc. Parent 6/30/1996 12/30/1996
First Southern Bancorp, Inc. Parent 1/5/1996 6/29/1996
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