First State Bank of the South, Inc.

Sulligent, AL
IDRSSD: 250430
Total Assets
$126.91M
Latest filing
Total Deposits
$105.64M
Latest filing
Net Interest Margin
3.88%
Profitability

Locations

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Main Office
First State Bank of the South, Inc.
5856 Highway 278
Sulligent, AL 35586
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/20/1973FDIC Certificate 14549

Branches (4)

Page 1 of 1
NameAddressCity / State
First State Bank of the South, Inc. (Main)5856 Highway 278Sulligent, AL
HAMILTON BRANCH240 Military St SHamilton, AL
WINFIELD BRANCH1836 Us Highway 43Winfield, AL
NORTHPORT BRANCH5520 Mcfarland BlvdNorthport, AL
ATHENS BRANCH1319 Us Highway 72 EAthens, AL
Showing 4 of 4

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 Date04/20/1973
Community BankYes
Ownership TypeNot Mutual
ZIP35586
State and County Number01075
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 NameN/A

Operational Info

Number of Employees36
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance04/20/1973
Primary Insurance AgencyDIF
WebsiteWWW.FIRSTSTATEBANKSOUTH.COM
Data Updated11/14/2025
CERT21050
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$126.91M
Total Deposits$105.64M
Total Liabilities$107.55M
Total Equity Capital$19.36M
Net Income$421.00k
Net Loans and Leases$59.18M
Assets Per Employee ($Millions)$3.63M
Bank Premises and Fixed Assets$4.06M
Cash and Balances due from Depository Institutions$3.43M
Deposits Held in Domestic Offices$105.64M

Key Performance Ratios

Return on Assets (ROA)1.3%
Return on Equity (ROE)8.92%
Net Interest Margin3.88%
Efficiency Ratio64.07%
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 Assets15.256%
Earning Assets to total Assets89.79%

Income and Expense

Total Interest Income$1.66M
Total Noninterest Income$272.00k
Total Interest Expense$538.00k
Total Noninterest Expense$895.00k
Net Interest Income$1.13M
Pre-tax Net Operating Income$502.00k
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$497.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$5.26M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.91M
Total Liabilities and Capital$126.91M

Securities

Securities$49.27M
Available-for-sale debt securities$48.77M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$500.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank of the South, Inc.?
$126.91M as of the latest filing.
How much are First State Bank of the South, Inc.'s total deposits?
$105.64M in total deposits.
Where is First State Bank of the South, Inc. located?
Sulligent, AL.
What is the Net Interest Margin?
3.88%.
How many domestic offices does it operate?
5.
When was it established?
04/20/1973.
What is the Return on Assets (ROA)?
1.3%.
How much are total loans and leases?
$59.18M (latest filing).
What is the total interest income (latest filing)?
$1.66M.