The First, A National Banking Association
Hattiesburg, MS — National Bank
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Total Assets1.3B 11.5 %
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Total Deposits1.0B 14.1 %
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Total Net Loans865.4M 12.4 %
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Net Income11.6M 21.1 %
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Book Value179.5M 59.0 %
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Book Value x2359.1M 59.0 %
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Book Value x3538.6M 59.0 %
Financial Highlights | The First, A National Banking Association | All Insured Commercial Banks in Mississippi |
Balance Sheet $(000) | ||
Total Assets | 1,276,073 | 525,484 |
Total Net Loans | 865,424 | 348,104 |
Total Deposits | 1,039,452 | 440,088 |
Total Equity | 179,542 | 60,485 |
Profitability | ||
Net Income | 11,649 | 5,177 |
Return on Average Assets | .949 | .911 |
Return on Average Equity | 8.944 | 8.357 |
Net Interest Margin | 3.759 | 3.971 |
Efficiency Ratio | 65.309 | 70.327 |
Noninterest Income/Revenue | 18.575 | 22.171 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 83.258 | 71.665 |
Securities/Assets | .195 | .197 |
Total Equity/Total Assets | .141 | .115 |
Tangible Equity/Tangible Assets | .128 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | 165,062 | 52,498 |
Tier 1 Capital | 165,062 | 52,598 |
Tier 2 Capital | 7,510 | 3,510 |
Total Capital | 172,572 | 56,103 |
Total Risk Weighted Assets | 1,017,383 | 380,206 |
Leverage Ratio | 13.11 | 10.71 |
Common Equity Tier 1 Capital Ratio | 16.22 | 16.284 |
Tier 1 Capital Ratio | 16.22 | 16.342 |
Total Capital Ratio | 16.96 | 17.377 |
Timeline for The First, A National Banking Association
Bay Bank
Acquisition: The First, A National Banking Association acquired a new subsidiary, Bay Bank, 10 years
View Profile Jul 01 2014First National Bank Of Baldwin County
Acquisition: The First, A National Banking Association acquired a new subsidiary, First National Bank Of Baldwin County, 11 years
View Profile Apr 30 2013First National Bank Of Wiggins
Acquisition: The First, A National Banking Association acquired a new subsidiary, First National Bank Of Wiggins, 18 years
View Profile Oct 01 2006The First National Bank Of The Pine Belt
Acquisition: The First, A National Banking Association acquired a new subsidiary, The First National Bank Of The Pine Belt, 21 years
View Profile Jan 23 2004The First, A National Banking Association
The First, A National Banking Association was established 28 years ago and is currently headquartered in Hattiesburg, MS.
Aug 05 1996Want to see more?
Complete timeline for The First, A National Banking Association is available.
View Complete TimelineAcquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bay Bank | Seller | 78,005 | Acquisition | Discontinued | 7/1/2014 |
First National Bank Of Baldwin County | Seller | 187,935 | Acquisition | Discontinued | 4/30/2013 |
First National Bank Of Wiggins | Seller | 47,407 | Acquisition | Discontinued | 10/1/2006 |
The First National Bank Of The Pine Belt | Seller | 52,804 | Pooling of Interests | Discontinued | 1/23/2004 |
Relationships | Role | Relationship Start | Relationship End |
First Bancshares, Inc., The | Parent | 8/5/1996 |
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