TellerScore

First State Bank of the South, Inc. is a state-chartered bank headquartered in Sulligent, Alabama, in business for about 53 years. At the end of Q2 2026 it reported $130.7M in total assets and $109.2M in deposits, with 5 offices.

Based on its Q2 2026 filing, First State Bank of the South, Inc. scores 89/100, which we describe as very strong. That is higher than 94% of 2,650 banks with $100 million – $1 billion. Among 93 banks headquartered in Alabama, it ranks 6th. Its strongest component is capital cushion (100/100; 16.38%), and its lowest is earnings (62/100; 1.05%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 16.38%
Loan quality92/100
Noncurrent loans ÷ total loans: 0.24%
Earnings62/100
Return on assets (annualized): 1.05%
Funding & liquidity96/100
Loans ÷ deposits and uninsured-deposit share: 51.8% · 18.7% uninsured
Problem-loan coverage88/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 5.98%

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 2 points (87 → 89), mostly because the earnings component improved by 5 points.

TellerScore
778389Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202485
Q3 202477
Q4 202483
Q1 202585
Q2 202587
Q3 202588
Q4 202581
Q1 202687
Q2 202689
Tier 1 leverage ratio
5.00%10.71%16.43%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202415.75%
Q3 202416.43%
Q4 202415.86%
Q1 202515.99%
Q2 202515.57%
Q3 202516.39%
Q4 202515.90%
Q1 202616.33%
Q2 202616.38%
Noncurrent loans
0.24%0.86%1.48%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.56%
Q3 20241.48%
Q4 20240.84%
Q1 20250.64%
Q2 20250.35%
Q3 20250.37%
Q4 20251.13%
Q1 20260.52%
Q2 20260.24%
Return on assets
0.79%0.94%1.08%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.79%
Q3 20240.82%
Q4 20240.85%
Q1 20250.93%
Q2 20250.93%
Q3 20251.06%
Q4 20251.06%
Q1 20261.08%
Q2 20261.05%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202689$130.7M16.38%0.24%1.05%51.8%
Q1 202687$129.4M16.33%0.52%1.08%56.0%
Q4 202581$130.2M15.90%1.13%1.06%55.4%
Q3 202588$126.9M16.39%0.37%1.06%56.0%
Q2 202587$131.3M15.57%0.35%0.93%53.2%
Q1 202585$133.7M15.99%0.64%0.93%52.5%
Q4 202483$126.2M15.86%0.84%0.85%58.0%
Q3 202477$125.8M16.43%1.48%0.82%58.2%
Q2 202485$129.3M15.75%0.56%0.79%57.0%

2,650 peers · $100 million – $1 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 ratio16.38%
92nd
Total risk-based capital0.00%
24th
Problem loans0.24%
62nd
Net charge-offs-0.01%
88th
Return on assets1.05%
37th
Net interest margin3.98%
52nd
Efficiency ratio65.9%
40th
Loans to deposits51.8%
90th
Uninsured deposits18.7%
69th
Loan-loss reserves1.14%
44th
Texas ratio6.0%
30th

Similar-size banks in Alabama

InstitutionScoreAssetsCapitalProblem loansCompare
The Citizens BankBank Greensboro, AL67 out of 100, Moderate$129.2M12.2%1.87%vs
The Southern Bank CompanyBank Gadsden, AL76 out of 100, Strong$133.1M15.1%1.89%vs
Brantley Bank and Trust CompanyBank Brantley, AL48 out of 100, Below average$126.9M10.1%2.55%vs
Merchants & Farmers Bank of Greene County, AlabamaBank Eutaw, AL46 out of 100, Below average$135.9M11.7%5.41%vs
The Samson Banking Company, Inc.Bank Samson, AL94 out of 100, Very strong$124.5M14.8%0.00%vs
Bank of MoundvilleBank Moundville, AL55 out of 100, Moderate$144.6M15.1%5.45%vs

Deposit insurance

Is my money safe at First State Bank of the South, Inc.?

Yes. First State Bank of the South, Inc. is an FDIC-insured institution (FDIC certificate #21050). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 18.7% of deposits ($20.4M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 16.38%, 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

5 locations

Branches

First State Bank of the South, Inc. lists 5 offices in 5 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First State Bank of the South, Inc.
Former names
First State Bank of Lamar County
Type
State-chartered bank
FDIC certificate #
21050
RSSD ID
250430
Primary regulator
FDIC
Holding company
First State Holding Corp
Established
April 20, 1973
Headquarters
5856 Highway 278, Sulligent, AL 35586
Employees
35

Quick answers

First State Bank of the South, Inc.: common questions

Is First State Bank of the South, Inc. FDIC insured?

Yes. First State Bank of the South, Inc. is an FDIC-insured institution (FDIC certificate #21050). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First State Bank of the South, Inc.'s TellerScore?

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

Has First State Bank of the South, Inc. ever failed?

There is no failure record for FDIC certificate #21050 in the FDIC failed bank list.

How many branches does First State Bank of the South, Inc. have?

5 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Sulligent

InstitutionScoreAssetsCapitalProblem loansCompare
First National BankBank Hamilton, AL97 out of 100, Very strong$372.7M19.0%0.25%vs
Tombigbee Federal Credit UnionCredit union Amory, MS87 out of 100, Very strong$5.5M19.4%1.18%vs
The Bank of VernonBank Vernon, AL85 out of 100, Very strong$445.4M16.6%0.47%vs
The Citizens Bank of WinfieldBank Winfield, AL83 out of 100, Strong$301.3M17.5%0.26%vs
West Alabama Bank & TrustBank Reform, AL77 out of 100, Strong$929.0M12.2%0.44%vs
PeoplesTrust BankBank Hamilton, AL73 out of 100, Strong$201.2M11.1%0.45%vs