First Metro Bank

Muscle Shoals, AL
IDRSSD: 1222519
Total Assets
$996.00M
Latest filing
Total Deposits
$883.52M
Latest filing
Net Interest Margin
3.94%
Profitability

Locations

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Main Office
First Metro Bank
406 Avalon Ave
Muscle Shoals, AL 35661
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/07/1988FDIC Certificate 39709

Branches (10)

Page 1 of 2
NameAddressCity / State
First Metro Bank (Main)406 Avalon AveMuscle Shoals, AL
MAIN STREET BRANCH301 N Main StTuscumbia, AL
RUSSELLVILLE BRANCH15315 Highway 43Russellville, AL
PINE STREET BRANCH325 S Pine StFlorence, AL
FLORENCE BRANCH2708 Hough RdFlorence, AL
LEXINGTON BRANCH11277 Highway 101Lexington, AL
HIGHWAY 43 BRANCH7400 Highway 43Florence, AL
CLOVERDALE ROAD BRANCH3121 Cloverdale RdFlorence, AL
Showing 7 of 10

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date11/07/1988
Community BankYes
Ownership TypeNot Mutual
ZIP35661
State and County Number01033
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameFlorence-Muscle Shoals, AL

Operational Info

Number of Employees132
Domestic Offices11
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance11/07/1988
Primary Insurance AgencyDIF
Websitehttp://www.firstmetro.com
Data Updated11/14/2025
CERT27381
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$996.00M
Total Deposits$883.52M
Total Liabilities$888.45M
Total Equity Capital$107.55M
Net Income$4.38M
Net Loans and Leases$574.90M
Assets Per Employee ($Millions)$7.66M
Bank Premises and Fixed Assets$15.78M
Cash and Balances due from Depository Institutions$79.38M
Deposits Held in Domestic Offices$883.52M

Key Performance Ratios

Return on Assets (ROA)1.76%
Return on Equity (ROE)16.97%
Net Interest Margin3.94%
Efficiency Ratio43.03%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.799%
Earning Assets to total Assets95.83%

Income and Expense

Total Interest Income$12.75M
Total Noninterest Income$1.00M
Total Interest Expense$3.35M
Total Noninterest Expense$4.47M
Net Interest Income$9.39M
Pre-tax Net Operating Income$5.92M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$358.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$73.24M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.93M
Total Liabilities and Capital$996.00M

Securities

Securities$240.42M
Available-for-sale debt securities$229.36M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$11.05M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Metro Bank?
$996.00M as of the latest filing.
How much are First Metro Bank's total deposits?
$883.52M in total deposits.
Where is First Metro Bank located?
Muscle Shoals, AL.
What is the Net Interest Margin?
3.94%.
How many domestic offices does it operate?
11.
When was it established?
11/07/1988.
What is the Return on Assets (ROA)?
1.76%.
How much are total loans and leases?
$574.90M (latest filing).
What is the total interest income (latest filing)?
$12.75M.