First Southern Bank is a bank based in Florence, Alabama, established in 1934, with $685 million in total assets across 10 branches. By Trust Grade it ranks 90th of 93 banks we track in Alabama. Its capital ratio of 8.9% trails most similarly sized banks (27th percentile), versus a Alabama median of 10%. It posted a loss over the most recent period (-4.34% return on assets), a point to watch. No consumer complaints against First Southern Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Southern Bank compares to Alabama peers
How we graded First Southern Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.9% capital ratio)
- Unprofitable over the period (ROA -4.34%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Southern Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 1455 Highway 72, Killen, AL 35645
- 1027 Avalon Ave, Muscle Shoals, AL 35661
- 201 S Court Street, Florence, AL 35630
- 4350 County Road 47, Florence, AL 35630
- 1720 Us Highway 431, Boaz, AL 35957
- 3809 East 9th Street, Texarkana, AR 71854
- 805 E Bankhead St, New Albany, MS 38652
- 11809 Alabama Highway 157, Moulton, AL 35650
- 612 E. Hathaway Avenue, Bronson, FL 32621
- 644 West Ave, Clermont, FL 34711
Are deposits at First Southern Bank insured?
Yes. First Southern Bank is an FDIC-insured bank (FDIC certificate #29332). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Southern Bank: frequently asked questions
Is First Southern Bank a good bank?
First Southern Bank earns a Bankzia Trust Grade of D (69/100, "Below average"), based on a financial-strength score of 69/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Unprofitable over the period (ROA -4.34%).
Is First Southern Bank FDIC-insured?
Yes. First Southern Bank is a FDIC-insured bank (FDIC certificate #29332). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Southern Bank?
First Southern Bank holds $685 million in total assets, ranking 90th of 93 banks we track in Alabama. It operates 10 branches.
Does First Southern Bank have CFPB complaints?
No CFPB complaints against First Southern Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
