First Southern Bank

Waycross, GA
IDRSSD: 631039
Total Assets
$327.68M
Latest filing
Total Deposits
$288.46M
Latest filing
Net Interest Margin
4.83%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

061206814PATTERSON, GA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
First Southern Bank
930 Memorial Dr
Waycross, GA 31501
Full Service - Brick and Mortar
Updated 01/30/2026Established 06/19/1907FDIC Certificate 6427

Branches (6)

Page 1 of 1
NameAddressCity / State
First Southern Bank (Main)930 Memorial DrWaycross, GA
WAYNE COUNTY BRANCH927 S 1st StJesup, GA
PATTERSON BRANCH6365 Us 84Patterson, GA
SEBRING BRANCH205 W Center AveSebring, FL
MANATEE BRANCH1825 Manatee Ave WBradenton, FL
STUART BRANCH2522 Se Willoughby BlvdStuart, FL
BLACKSHEAR BRANCH221 Ware StBlackshear, GA
Showing 6 of 6

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 Date06/19/1907
Community BankYes
Ownership TypeNot Mutual
ZIP31501
State and County Number13299
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 NameWaycross, GA

Operational Info

Number of Employees59
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.fsb-bank.bank
Data Updated01/30/2026
CERT10055
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$327.68M
Total Deposits$288.46M
Total Liabilities$296.83M
Total Equity Capital$30.85M
Net Income$507.00k
Net Loans and Leases$229.33M
Assets Per Employee ($Millions)$5.37M
Bank Premises and Fixed Assets$10.58M
Cash and Balances due from Depository Institutions$13.08M
Deposits Held in Domestic Offices$288.46M

Key Performance Ratios

Return on Assets (ROA)0.62%
Return on Equity (ROE)6.64%
Net Interest Margin4.83%
Efficiency Ratio82.61%
Tier 1 Risk-Based Capital Ratio13.951%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.414%
Earning Assets to total Assets93.01%

Income and Expense

Total Interest Income$4.62M
Total Noninterest Income$332.00k
Total Interest Expense$956.00k
Total Noninterest Expense$3.30M
Net Interest Income$3.66M
Pre-tax Net Operating Income$644.00k
Provision for Credit Losses$50.00k
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$7.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.38M
Total Liabilities and Capital$327.68M

Securities

Securities$65.42M
Available-for-sale debt securities$2.15M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$63.26M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Southern Bank?
$327.68M as of the latest filing.
How much are First Southern Bank's total deposits?
$288.46M in total deposits.
Where is First Southern Bank located?
Waycross, GA.
What is the Net Interest Margin?
4.83%.
How many domestic offices does it operate?
7.
When was it established?
06/19/1907.
What is the Return on Assets (ROA)?
0.62%.
How much are total loans and leases?
$229.33M (latest filing).
What is the total interest income (latest filing)?
$4.62M.