# AMERIFIRST BANK
MONTGOMERY, AL · FDIC certificate 2838 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $364.1M | |
| Deposits | $325.1M | |
| Loans and leases | $280.7M | |
| Total equity | $34.6M | |
| Loans / deposits | 85.33% (p60 of band) | 82.04% |
| Liquid assets / assets | 18.38% (p26 of band) | |
| Uninsured deposits / deposits | 28.00% (p59 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.66% (p26 of band) | 10.81% |
| Unrealized securities loss / equity | -6.85% (p55 of band) | -8.10% |
| AOCI / equity | -0.54% (p40 of band) | |
| ROA (annualized) | 1.23% (p47 of band) | 1.28% |
| Net interest margin | 4.61% (p85 of band) | 3.91% |
| Efficiency ratio | 60.33% (p47 of band) | |
| Noncurrent loans | 0.19% (p32 of band) | 0.43% |
| Net charge-offs (annualized) | 0.07% (p80 of band) | |
| Reserve coverage of noncurrent | 617.17% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 157.13% (p97 of band) | |
| Auto loans | $342,000 (0.12% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.3% | |
| Employees | 52 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | losing money |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money |
| 2012-06 | 1 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 5 | losing money, expense ratio p90, charge-offs p90 |  |
| 2013-06 | 5 |  |  |
| 2013-09 | 4 |  | capital falling |
| 2013-12 | 5 | assets shrinking |  |
| 2014-03 | 2 | capital falling, uninsured deposits leaving | reserve under noncurrent, losing money, expense ratio p90, charge-offs p90, assets shrinking |
| 2014-06 | 0 |  | capital falling, uninsured deposits leaving |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | construction >100% equity |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 | deposits shrinking | construction >100% equity |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | deposits shrinking |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | capital falling, construction >100% equity |  |
| 2017-06 | 1 |  | construction >100% equity |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | capital falling |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | reserve under noncurrent |  |
| 2018-09 | 2 | uninsured deposits leaving |  |
| 2018-12 | 2 | charge-offs p90 | uninsured deposits leaving |
| 2019-03 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2019-06 | 1 | uninsured deposits leaving |  |
| 2019-09 | 1 | capital falling | uninsured deposits leaving |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 0 |  | capital falling |
| 2022-03 | 1 | expense ratio p90 |  |
| 2022-06 | 1 | construction >100% equity | expense ratio p90 |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2023-06 | 2 |  | deposits shrinking |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | uninsured deposits leaving |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | capital falling |  |
| 2025-03 | 1 |  | capital falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | capital falling |  |
| 2026-03 | 2 | charge-offs p90 | capital falling |
| 2026-06 | 1 |  | charge-offs p90 |

## In the news (Google News, unfiltered, newest first; check the city)

- 2020-06-17 [EAMC President Laura Grill Named Director At AmeriFirst Bank - Opelika Observer](https://news.google.com/rss/articles/CBMiogFBVV95cUxNQTRWRHZnY2ZobFpSZXF6eWY0SVZHTkppX1ZteGo3WVF6WU0yRldRcUloZjhlRlJpRldnYW1CeWpZWHpUY0MyVkhEM3F3eEZad2cyS3NiVHA3Q0lWVFRTblJYSTc4RjFpSXVpUDdFcWk1bExPQ21tQ0hKLU5JSkY0ZWI5NHNXbUMzR3RNQldYQVlIVUoxLVNDeW5hbmpRUUZIS1E?oc=5) · Opelika Observer
- 2017-01-07 [Walters named bank president - The Selma Times-Journal](https://news.google.com/rss/articles/CBMif0FVX3lxTE41QUE2UWVsSVRwYjdrQ3VYR0NDY2c3cGVjbmo0TFdMTzllYzV1Xy1XTm5IQUNNSnFQWmgyZmdsLWtaZzIzS2oxdXowcU9xSGhLWUtVaHBxZkRXYUlxYjdDcHlBYTdacy0wazVKUVJxUjBwU0tMNVZhOVFUMURKNnc?oc=5) · The Selma Times-Journal
- 2020-08-20 [Two Alabama banks plan to merge by Q1 2021 - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxNa1hpa2pPVWF6TS00UTdBV1lLc0pjRmxKM1hKNmtDdEs5MjFQMnVJN29Femx1UmctY016UU9XMnZJTzh4dFAtcFhLVmo2bFU5YTBXcmF2di0zTFZLZTRHcWhjb2Y0TTQ1ZDNLaXAzUEliTnZQQTRpMDhuRU9kZm9kMml1eXZqQUx3cTlLRUQ4cEcyazlEZ2JRRV9VN2JoR2cyc1h2eA?oc=5) · The Business Journals
- 2005-08-10 [State Bankers Attend Alabama Banking School at USA - University of South Alabama](https://news.google.com/rss/articles/CBMimgFBVV95cUxQbzA1ZUQxbk11LW5FcFRuUkczTUp2NlVLVHd6N2RhaUFkMkNDdVVQaHlRWkMxZWRlMkQxYUtJTGpPSlVHSjkxS09jSDRPTWZWSjJhcC1TRlZOQ3U1SF9QVDctWTBsQThzSllxUmRJM0psclZIVlV1amY5elVaODNLSktlVl9tR29lbUUycWowTHF3NVE0VGNEZGNR?oc=5) · University of South Alabama
- 2016-06-29 [Evening of pampering, merriment benefits Girl Scouts - Montgomery Advertiser](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNYld3MjFxMHNZRF9vQnB1MEs0aHYwc1dCV1hBemFHTXhoc2JodkZfN2VJazI5MkdrcmE5NWY1SklxMlN6UXp3ZnVMaERTblRENXdweHNnQ3pvd2x2dzFIYlZZZGpUOVJyVUdTei1xcVFFZjV4Z29tOFJvWmlXbk1RM1NNZ2RMNFF5Z3hoSlNEcERTbE1iT2JhN2VBV0xBTzZlQ045Z0F1dS1wcWxtUUJERlctcGNWTmpD?oc=5) · Montgomery Advertiser
- 2021-12-11 [William Barry Obituary - Prattville, AL - Dignity Memorial](https://news.google.com/rss/articles/CBMihgFBVV95cUxPZlgwY19DcVAtbTFUWWo2T3pUS05fOFUwUElET2JNNmZ3cGRrZHVfMGxBNFc2T0syOFZiTmdMaFdIb3ZaZ2c4WTdWdlBRSjR1X0F1V09xcjU3RkJYQXRhd2xfcG9XQktBQzJFXy00V08wTU9yY0JETDJrdi1xYlhqd0VyVTNIUQ?oc=5) · Dignity Memorial
- 2018-05-18 [John Braswell Obituary (1940 - 2018) - Mathews, AL - Montgomery Advertiser - Legacy obituary](https://news.google.com/rss/articles/CBMinAFBVV95cUxNRXZ0ZVRiSlR2c1NSbnFaVEp1TDQ2c2FzNmNCSHFqV2cyR0pOM044VmgyZWtkV0hvWDk0N0NoUjZtMUtXX2taVVFmR25xaXRhU2lNbl9FcnFUMkVqWkw0R1g4VFl4enJkSmItWjNndTRNenBhYm9lYmlLSC05VWYtQTRjY2VZSmdlT0N1aVBXSEtkVkJyck9JSE9JTWI?oc=5) · Legacy obituary
- 2016-03-11 [Bullock County unites after fatal crash involving local teens - WSFA](https://news.google.com/rss/articles/CBMiowFBVV95cUxNUTl3cTREdEE5ZmJPWndzZmJEZlQ4N1FYa1lLb0ZzSWhjNDA2SkFsR013Y0NiTUFtSE9Pek5VNWR6X01nOTByQXVPRXdiNWtfMXVncjBHb2RhR3gyckR3d18taWxHX2dwWDhRTlJCY0c1UnpPbEN3VGNQN196bTZlRVc4X3h3TUpMU0tXQUZfQUNuZF91dlgwdy1Ka0syZjlIMnpj0gG2AUFVX3lxTFBzR0VuNF9WQ3ZaSmpFWjZaOEswUFNnQS1pYUtUNV9YN3ozM3NhVUlTMy1UWlltaFlHYWNUTERRblRwQ1JZTEVFeldyWG9ITW1ja0tlckFHdlpXbDdOc2xuRHpCZkVVem05WEh2LU5ra2lPd09MNUdSbldXOFFENkppYWdSdVlWay1FanlIa2pMRExxQzRKUEZkU2hURDdnbFRFUUc4WExLOWdyUXAzTjZzQ0s2d2FR?oc=5) · WSFA

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2838 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/22.json (key "2838", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide