First Stb of the South INC
Sulligent, Alabama · FDIC Cert #21050
This is the FDIC profile for First Stb of the South INC, an FDIC-insured bank (Certificate #21050) with $129M in total assets and $106M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Sulligent, Alabama, the bank maintains a Tier 1 capital ratio of 15.75% (Well-Capitalized) and a nonperforming loan ratio of 0.56%. BankHealthData assigns a composite Health Grade of A (93/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Stb of the South INC (FDIC cert 21050) is a community bank — $129M in total assets, $106M in deposits, serving the Sulligent, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 15.75% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.56% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 38.6% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is solid: ROA of 0.97% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. First Stb of the South INC carries a composite BankHealth grade of A (93/100) 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 Stb of the South INC
- Total Assets
- $129M
- Total Deposits
- $106M
- Tier 1 Capital Ratio
- 15.75%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.56%
- Liquidity Ratio
- 38.56%
- Return on Assets
- 0.97%
- Headquarters
- Sulligent, Alabama
- FDIC Certificate
- #21050
- Health Grade
- A (93/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
First Stb of the South INC files quarterly Call Reports with the FDIC under Certificate #21050. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track First Stb of the South INC
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, First Stb of the South INC holds a Tier 1 capital ratio of 15.75%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Stb of the South INC has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Stb of the South INC shows strong financial health indicators. With $129M in assets and a Health Score of 93/100, 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 Stb of the South INC Compares
First Stb of the South INC’s Health Score of 93 is 11 points above the Alabama state average of 82 across 78 FDIC-insured banks. Its 15.75% Tier 1 capital ratio is 1.8 points above the US banking industry average near 14%. The 0.56% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.97% is below the national ROA benchmark of ~1.1%. Among 1266 similarly-sized banks, the average Health Score is 82, meaning this bank ranks above its size cohort. Site-wide, First Stb of the South INC is 13 points above the portfolio average of 80.
Frequently Asked Questions
First Stb of the South INC has a Bank Health Score of A (93/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 15.75%, which is above 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 Stb of the South INC's Tier 1 capital ratio of 15.75% and nonperforming loan ratio of 0.56% 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 Stb of the South INC is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #21050). 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 Stb of the South INC holds $129M in total assets and $106M in total deposits. It is headquartered in Sulligent, Alabama (FDIC Certificate #21050).
First Stb of the South INC's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #21050 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
First Stb of the South INC has a Tier 1 capital ratio of 15.75%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.56%, and the return on assets is 0.97%.
Yes. First Stb of the South INC is FDIC-insured (Certificate #21050). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Stb of the South INC'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.