# SOUTHFIRST BANK
SYLACAUGA, AL · FDIC certificate 30433 · asset band <$300M · latest filing 2021-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $95.0M | |
| Deposits | $85.3M | |
| Loans and leases | $45.1M | |
| Total equity | $9.1M | |
| Loans / deposits | 51.92% (p29 of band) | 64.60% |
| Liquid assets / assets | 47.63% (p65 of band) | |
| Uninsured deposits / deposits | 13.87% (p33 of band) | 18.23% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.12% (p43 of band) | 10.53% |
| Unrealized securities loss / equity | -1.16% (p13 of band) | 0.67% |
| AOCI / equity | -4.20% (p15 of band) | |
| ROA (annualized) | -0.21% (p4 of band) | 1.00% |
| Net interest margin | 2.73% (p25 of band) | 3.26% |
| Efficiency ratio | 107.23% (p96 of band) | |
| Noncurrent loans | 0.48% (p53 of band) | 0.41% |
| Net charge-offs (annualized) | 0.00% (p28 of band) | |
| Reserve coverage of noncurrent | 406.05% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 43.31% (p80 of band) | |
| Auto loans | $107,000 (0.24% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 21.8% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, expense ratio p90 |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 4 | leverage <7%, capital falling |  |
| 2011-12 | 3 | construction >100% equity | expense ratio p90, capital falling |
| 2012-03 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | construction >100% equity |
| 2012-06 | 4 |  | losing money |
| 2012-09 | 3 |  | leverage <7% |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 | reserve under noncurrent | uninsured deposits leaving |
| 2013-09 | 4 | uninsured deposits leaving |  |
| 2013-12 | 3 |  | uninsured deposits leaving |
| 2014-03 | 3 |  |  |
| 2014-06 | 4 | expense ratio p90 |  |
| 2014-09 | 3 |  | expense ratio p90 |
| 2014-12 | 4 | expense ratio p90 |  |
| 2015-03 | 4 | charge-offs p90 | expense ratio p90 |
| 2015-06 | 6 | expense ratio p90, uninsured deposits leaving |  |
| 2015-09 | 3 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-12 | 2 |  | charge-offs p90 |
| 2016-03 | 1 |  | expense ratio p90 |
| 2016-06 | 2 | capital falling |  |
| 2016-09 | 1 |  | capital falling |
| 2016-12 | 0 |  | reserve under noncurrent |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | expense ratio p90 |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 3 | losing money, reserve under noncurrent |  |
| 2018-12 | 7 | noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-03 | 5 |  | losing money, uninsured deposits leaving |
| 2019-06 | 8 | capital falling, losing money, uninsured deposits leaving |  |
| 2019-09 | 9 | charge-offs p90 |  |
| 2019-12 | 7 |  | noncurrent p90, capital falling |
| 2020-03 | 2 |  | deposits shrinking, assets shrinking, losing money, uninsured deposits leaving, charge-offs p90 |
| 2020-06 | 4 | capital falling, losing money |  |
| 2020-09 | 3 |  | reserve under noncurrent |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |

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

- 2021-04-19 [FirstBanc Acquires SouthFirst - Business Alabama Magazine](https://news.google.com/rss/articles/CBMiakFVX3lxTE1WX3Y4Z0YxUWV1UVJpdG9BYkJMNklUZ29qaDlvWHV5ZkRhMXVFVjVyOXcweEs1OHBSa1hEckdRQ0NZRWdtem50Wm5ZWEFDSVcwTGNUZnNaZ1RRT1dTb196VDNud1pVTFVjRXc?oc=5) · Business Alabama Magazine
- 2025-12-10 [Alabama banks agree to $20M deal - The Business Journals](https://news.google.com/rss/articles/CBMikAFBVV95cUxNM2RON2h2V3VRVW5IRUhuTG9YMUVGZ0dQR2FIUDBXOUs2NGUxVWZMam5fVXIydkMweU9fUldNTmFmUjFpWE5tZ04zY0xUaVgxYXpxVnphZ2FKV1dwMDNxSDJRaDhHdWVLcHlackJHejVuUVRNbkFqaXVZM0s5eTVpZE9FZXhzU0VfUHpPNkZyQnI?oc=5) · The Business Journals
- 2018-10-03 [[WATCH NOW] Oct. 2018 Business of the Month: SouthFirst Bank - Sylacauga News](https://news.google.com/rss/articles/CBMimAFBVV95cUxPQl9qSFNYeklZMEdQNk9mLWVIYk5Ocm5CUENMV3dvR0JFajRVbnZVODZKSjk1aGpOZFJ2NFl0dEY0MjFNVjBFaW9PdWNVZVZxN3NDVHdrNlNMMDdEcGpVQTRQWE5XeUJQM2JVWnNtNWJvWHkzdWxLT2tZenNXOUpxd2NBbENzN1paV1p6NEVNb0RCckd3X2pnTw?oc=5) · Sylacauga News
- 2018-09-12 [SouthFirst Bank Adult Lecture Series to begin Sept. 19 at noon - Sylacauga News](https://news.google.com/rss/articles/CBMiogFBVV95cUxNMWNycm5fQks5TW96UEljWmRxd2FiNnZNOGlxRTJKbUR2dTEwMHFxbTlZNmozX2FBMy14TVU1cUQwYVRUcjBZaEV6Z1FsazY1WFhGeU9WNERtM1pZNDdld3QwZkJ0cHFfc2p6a3Q4TXIweldyb2NfeXVZdmZnYmJMN1Voc1M3bUFDM2xyVGNEZHREd0JTWDZESjgtcXg3N2txSWc?oc=5) · Sylacauga News
- 2019-01-29 [Dr. Edwin Bridges to present “14,000 Years of Alabama History in 45 Minutes” for SouthFirst Bank’s Adult Lecture Series - Sylacauga News](https://news.google.com/rss/articles/CBMi5gFBVV95cUxNVXdRb091WVpvc01OSTBpQlphc3dURkJaTWRNOHJzdFBKbXp3d2wzWmVRbEhNNFVRdzlHWkhxbFZMdmRqMFRWeDAzR3dleGNwR3duN3hkTE1CSHQtUU5JeEtlRk90QXZQRV95TmV1dlJwS0xnbE4wUTBObTl4ZU5tVHVDYk9Tdm1VUy14cVVUajdCR0lManpIVks5Q3hJcGN2blN5MEd1WkV3NUtIVllCNmJDU2UzSHNiWWRGcWJoaTlDcjA2TGNqeU1KNmlENExxb3FaYmZIaE9sSkNZSExXTWlOWFREZw?oc=5) · Sylacauga News
- 2018-03-13 [SouthFirst Bank Adult Lecture Series: "Our Stories in Music and Song" - Sylacauga News](https://news.google.com/rss/articles/CBMipgFBVV95cUxNQmNaampsSW5KcURqMHVOV0J1V3R2eUNYWVhpS0V3SGhuTmxUUGVmNkc4UXhBb183cU5KTVBrTkhObWkzQnlLYzFlNXJydy1XVEpCTUE3LWhra0tXMVhPTmxJSFNvekFxZGhmSUFEQm9FSVJIeDhlOWxkYm9mSTZBWThnZmVYZlZQbUFGRXJqY3Rib3l3MzVKRGN1Rzk4c1RYLUlMNlBn?oc=5) · Sylacauga News
- 2018-02-20 [SouthFirst Bank Adult Lecture Series: "George Jones: The Crown Prince of Country Music" - Sylacauga News](https://news.google.com/rss/articles/CBMiswFBVV95cUxNdGxyZVNQS0FObTk4VTNZeS1EeUVCcDJfVk1JdTBVZ3BueGlwNks0YWZfZ1MxR2UtYnRLZHVDbnhWZDhfRXhrUFJrZVUzb201cWFFZnA5a3dGMy12THQyODhMdVRHYWJEVlpUb3VVZXZRcHZIalpraEkzVDhiWGZQVW9VVF9IWUNhWGp2SEs4RWEtQ29VTlNrSmpZdm1iYmw3RF9XVDVjMm5yVU5PTkNTYk8yTQ?oc=5) · Sylacauga News
- 2019-03-01 [Dolores Hydock to present "Taking Sides: A different Look at the Life of Audrey Sheppard Williams" at SouthFirst Bank Adult Lecture Series - Sylacauga News](https://news.google.com/rss/articles/CBMiggJBVV95cUxOSXNzMzd0Smw3enZISFJqYkpBQVFBMHFfYlRFejVtdUZmR0d4aHBjWWJub0FMOWZXZlJwZXlQZkNqZUxsalhLQkxoRFdvSGJaV3F2b1VaUnY0Q3RNZlNNdEhLQVcxdUtKOW5OelFNWHlfQUIzS2IxbU9wMl9qVG50Zm5qbkpPOUwydVBZRFZKTHZwdXdFODAzeF9DQ2h2S3U0NWZrS28zVUhqWmpmR3JTZ3RjTTI5aS16bjVuejV4Vko1eDFiRXFvWUhTbWVhMElUc2UwRGlaeUc0ZmFwV0NCWWU5ekNIMHZMOERxVXkwbjZ4MjFyS0taQ2pTN0JCcFFYVFE?oc=5) · Sylacauga News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30433 (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/33.json (key "30433", 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