TellerScore

BankFirst Financial Services is a state-chartered bank (fed member) headquartered in Columbus, Mississippi, in business for about 138 years. At the end of Q2 2026 it reported $3.3B in total assets and $2.8B in deposits, with 51 offices across 2 states.

BankFirst Financial Services has a TellerScore of 69 out of 100 (moderate) based on Q2 2026 data — higher than 53% of its 897 banks with $1 billion – $10 billion. Among 57 banks headquartered in Mississippi, it ranks 31st. Problem-loan coverage contributes the most (92/100, 3.8%); capital cushion contributes the least (59/100, 10.86%).

TellerScore · Q2 2026

Scorecard

Capital cushion59/100
Tier 1 leverage ratio: 10.86%
Loan quality74/100
Noncurrent loans ÷ total loans: 0.77%
Earnings64/100
Return on assets (annualized): 1.10%
Funding & liquidity70/100
Loans ÷ deposits and uninsured-deposit share: 79.3% · 24.3% uninsured
Problem-loan coverage92/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 3.75%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 3 points (66 → 69), mostly because the capital cushion component improved by 10 points.

TellerScore
666869Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202469
Q3 202469
Q4 202466
Q1 202568
Q2 202566
Q3 202567
Q4 202568
Q1 202668
Q2 202669
Tier 1 leverage ratio
5.00%8.12%11.23%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.99%
Q3 202411.23%
Q4 202410.58%
Q1 202510.80%
Q2 20259.89%
Q3 20259.97%
Q4 202510.35%
Q1 202610.61%
Q2 202610.86%
Noncurrent loans
0.62%0.77%0.93%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.62%
Q3 20240.72%
Q4 20240.93%
Q1 20250.81%
Q2 20250.78%
Q3 20250.68%
Q4 20250.67%
Q1 20260.74%
Q2 20260.77%
Return on assets
0.88%0.99%1.10%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.88%
Q3 20240.91%
Q4 20240.98%
Q1 20250.98%
Q2 20251.02%
Q3 20250.92%
Q4 20251.04%
Q1 20261.09%
Q2 20261.10%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202669$3.3B10.86%0.77%1.10%79.3%
Q1 202668$3.3B10.61%0.74%1.09%77.4%
Q4 202568$3.3B10.35%0.67%1.04%77.6%
Q3 202567$3.3B9.97%0.68%0.92%75.9%
Q2 202566$2.7B9.89%0.78%1.02%76.1%
Q1 202568$2.8B10.80%0.81%0.98%74.5%
Q4 202466$2.7B10.58%0.93%0.98%77.6%
Q3 202469$2.7B11.23%0.72%0.91%76.9%
Q2 202469$2.7B10.99%0.62%0.88%78.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.86%
58th
Total risk-based capital0.00%
13th
Problem loans0.77%
36th
Net charge-offs0.10%
31st
Return on assets1.10%
38th
Net interest margin4.03%
70th
Efficiency ratio63.8%
35th
Loans to deposits79.3%
70th
Uninsured deposits24.3%
72nd
Loan-loss reserves1.31%
71st
Texas ratio3.8%
48th

Similar-size banks in Mississippi

InstitutionScoreAssetsCapitalProblem loansCompare
Guaranty Bank and Trust CompanyBank Belzoni, MS55 out of 100, Moderate$3.1B10.4%2.01%vs
Planters Bank & Trust CompanyBank Indianola, MS71 out of 100, Strong$2.7B11.2%0.61%vs
The Citizens National Bank of MeridianBank Meridian, MS70 out of 100, Strong$1.9B11.3%0.87%vs
The Citizens Bank of Philadelphia, MississippiBank Philadelphia, MS66 out of 100, Moderate$1.6B9.1%0.47%vs
Community Bank of MississippiBank Flowood, MS64 out of 100, Moderate$5.1B8.3%0.25%vs
TownBridge BankBank Pascagoula, MS61 out of 100, Moderate$1.3B8.8%1.94%vs

Deposit insurance

Is my money safe at BankFirst Financial Services?

Yes. BankFirst Financial Services is an FDIC-insured institution (FDIC certificate #8870). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 24.3% of deposits ($688.0M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.86%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

51 locations

Branches

BankFirst Financial Services lists 44 offices in 33 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, BankFirst Financial Services reported 1,515 home-loan applications under HMDA (LEI 549300BR7OTD25RTS027): 1,269 originated ($266,945,000 total), 105 denied, and 119 withdrawn or closed by the applicant. Its denial rate on decided applications was 7.5%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
BankFirst Financial Services
Former names
The Merchants and Farmers Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
8870
RSSD ID
914648
Primary regulator
FED
Holding company
Bankfirst Capital Corp
Established
June 1, 1888
Headquarters
900 Main St, Columbus, MS 39701
Employees
533

Quick answers

BankFirst Financial Services: common questions

Is BankFirst Financial Services FDIC insured?

Yes. BankFirst Financial Services is an FDIC-insured institution (FDIC certificate #8870). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is BankFirst Financial Services's TellerScore?

69 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has BankFirst Financial Services ever failed?

There is no failure record for FDIC certificate #8870 in the FDIC failed bank list.

How many branches does BankFirst Financial Services have?

51 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Columbus

InstitutionScoreAssetsCapitalProblem loansCompare
The Bank of VernonBank Vernon, AL85 out of 100, Very strong$445.4M16.6%0.47%vs
Cm Members Federal Credit UnionCredit union Columbus, MS85 out of 100, Very strong$16.5M15.6%0.51%vs
Mutual Federal Credit UnionCredit union Vicksburg, MS84 out of 100, Strong$528.5M14.0%1.08%vs
West Alabama Bank & TrustBank Reform, AL77 out of 100, Strong$929.0M12.2%0.44%vs
Bank of CommerceBank Greenwood, MS72 out of 100, Strong$1.1B12.9%0.88%vs
BankPlusBank Belzoni, MS71 out of 100, Strong$8.4B10.8%0.64%vs