First Bank of Boaz
Boaz, AL
IDRSSD: 533535
Total Assets
$238.19M
Latest filing
Total Deposits
$203.91M
Latest filing
Net Interest Margin
2.67%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
062203719CULLMAN, AL
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First Bank of Boaz
124 S Main St
Boaz, AL 35957
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1906FDIC Certificate 1816
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| First Bank of Boaz (Main) | 124 S Main St | Boaz, AL | ||
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1906 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 35957 |
| State and County Number | 01095 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Albertville, AL |
Operational Info
| Number of Employees | 23 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://firstbankofboaz.com |
| Data Updated | 01/30/2026 |
| CERT | 2784 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $238.19M |
| Total Deposits | $203.91M |
| Total Liabilities | $208.63M |
| Total Equity Capital | $29.57M |
| Net Income | $577.00k |
| Net Loans and Leases | $68.17M |
| Assets Per Employee ($Millions) | $10.36M |
| Bank Premises and Fixed Assets | $458.00k |
| Cash and Balances due from Depository Institutions | $10.54M |
| Deposits Held in Domestic Offices | $203.91M |
Key Performance Ratios
| Return on Assets (ROA) | 0.95% |
| Return on Equity (ROE) | 7.96% |
| Net Interest Margin | 2.67% |
| Efficiency Ratio | 55.83% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.414% |
| Earning Assets to total Assets | 94.76% |
Income and Expense
| Total Interest Income | $2.54M |
| Total Noninterest Income | $101.00k |
| Total Interest Expense | $1.00M |
| Total Noninterest Expense | $915.00k |
| Net Interest Income | $1.54M |
| Pre-tax Net Operating Income | $724.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $4.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $25.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $717.00k |
| Total Liabilities and Capital | $238.19M |
Securities
| Securities | $147.82M |
| Available-for-sale debt securities | $147.82M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Bank of Boaz?
$238.19M as of the latest filing.
How much are First Bank of Boaz's total deposits?
$203.91M in total deposits.
Where is First Bank of Boaz located?
Boaz, AL.
What is the Net Interest Margin?
2.67%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1906.
What is the Return on Assets (ROA)?
0.95%.
How much are total loans and leases?
$68.17M (latest filing).
What is the total interest income (latest filing)?
$2.54M.