First Metro Bank
Muscle Shoals, Alabama · FDIC Cert #27381
First Metro Bank is an FDIC-insured bank (Certificate #27381) with $968M in total assets and $854M in total deposits as of the Q2 2024 Call Report. Headquartered in Muscle Shoals, Alabama, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.07%. BankHealthData assigns a composite Health Grade of B (65/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Metro Bank (FDIC cert 27381) is a community bank — $968M in total assets, $854M in deposits, serving the Muscle Shoals, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is clean: non-performing loan ratio of 0.07% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 34.8% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is strong: return on assets of 2.18% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. First Metro Bank carries a composite BankHealth grade of B (65/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: First Metro Bank
- Total Assets
- $968M
- Total Deposits
- $854M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.07%
- Liquidity Ratio
- 34.76%
- Return on Assets
- 2.18%
- Headquarters
- Muscle Shoals, Alabama
- FDIC Certificate
- #27381
- Health Grade
- B (65/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Metro Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject First Metro Bank to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
First Metro Bank shows strong financial health indicators. With $968M in assets and a Health Score of 65/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How First Metro Bank Compares
First Metro Bank’s Health Score of 65 is 1 points below the Alabama state average of 66 across 78 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.07% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 2.18% is in line with or above the national ROA benchmark of ~1.1%. Among 1059 similarly-sized banks, the average Health Score is 71, meaning this bank ranks below its size cohort. Site-wide, First Metro Bank is 5 points below the portfolio average of 70.
Frequently Asked Questions
First Metro Bank has a Bank Health Score of B (65/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. First Metro Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.07% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at First Metro Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27381). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
First Metro Bank holds $968M in total assets and $854M in total deposits. It is headquartered in Muscle Shoals, Alabama (FDIC Certificate #27381).
First Metro Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.07%, and the return on assets is 2.18%.
Yes. First Metro Bank is FDIC-insured (Certificate #27381). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Metro Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.