# FIRST SOUTHERN BANK
COLUMBIA, MS · FDIC certificate 31158 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $317.3M | |
| Deposits | $271.4M | |
| Loans and leases | $149.1M | |
| Total equity | $31.4M | |
| Loans / deposits | 54.18% (p8 of band) | 82.04% |
| Liquid assets / assets | 47.69% (p90 of band) | |
| Uninsured deposits / deposits | 34.08% (p77 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.25% (p54 of band) | |
| FHLB advances / assets | 4.25% | |
| Tier 1 leverage | 10.57% (p46 of band) | 10.81% |
| Unrealized securities loss / equity | -6.72% (p55 of band) | -8.10% |
| AOCI / equity | -1.08% (p20 of band) | |
| ROA (annualized) | 1.89% (p83 of band) | 1.28% |
| Net interest margin | 4.70% (p87 of band) | 3.91% |
| Efficiency ratio | 61.56% (p51 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.05% (p75 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 83% | |
| Construction % of loans | 15.58% (p20 of band) | |
| Auto loans | $6.3M (4.19% of loans; DQ 0.88%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -10.1% | |
| Employees | 68 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 2 | reserve under noncurrent, assets shrinking |  |
| 2014-12 | 1 | charge-offs p90 | reserve under noncurrent, assets shrinking |
| 2015-03 | 0 |  | charge-offs p90 |
| 2015-06 | 2 | charge-offs p90, construction >100% equity |  |
| 2015-09 | 1 |  | charge-offs p90 |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | reserve under noncurrent |  |
| 2016-06 | 3 | charge-offs p90 |  |
| 2016-09 | 2 |  | reserve under noncurrent |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 0 |  | construction >100% equity, charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | deposits shrinking, assets shrinking |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 0 |  | deposits shrinking, assets shrinking |
| 2018-12 | 1 | capital falling |  |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2019-12 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | AOCI drag >20% of equity |  |
| 2022-09 | 3 | capital falling, securities losses >30% of equity |  |
| 2022-12 | 2 |  | capital falling |
| 2023-03 | 0 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 1 | capital falling |  |
| 2023-09 | 1 | securities losses >30% of equity | capital falling |
| 2023-12 | 0 |  | securities losses >30% of equity |
| 2024-03 | 3 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2024-06 | 0 |  | charge-offs p90, deposits shrinking, assets shrinking |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | capital falling |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | capital falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 3 | capital falling, deposits shrinking, uninsured deposits leaving |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2019-12-13 [Attempted bank robbery reported at First Southern Bank in Hattiesburg - WDAM-TV](https://news.google.com/rss/articles/CBMinAFBVV95cUxOZXVZaVM5djNLalhxWmFtQl9KdzQ3NHdkT01PMFdaZzZpeWk0YnhxY1lqYjdsRXVSMF9vNjJNY3NRbkFUQ1dTTHdYX2ZHN1lYTjJTekdyeGxNeHNEQ1FrTTZ5TnBCdGpCeGlSUnVFc0JMcnkxU0RhTG1hWl96Z3BoSnFiaGItMzhpbmh2ZnFJSDcwUlJmLW1OV2JBTDbSAbABQVVfeXFMUGxScDNnQjZfLTROLXAxcGdIVnRVdUExdWZoeGVIckxCaXpWYVJVbXVmeE5lNEFxR3JCRjBaQ3lqQ053Y3lfcmNzUU43ZnZLcjBYcHUybDFoMVFKalN5TXgxRFJDOTdLTTR1ZjdybEpYSXk2UmVGTTJrSVlvZU9GSkN3QzJaTTJtUEM2M1AyZVNmZUlWOG1QMmtsTnhER1owZWVxMFI1ZWx3aENGTUU4dGM?oc=5) · WDAM-TV
- 2022-01-13 [Bank of Carbondale, First Southern Bank to merge - Southern Illinoisan](https://news.google.com/rss/articles/CBMizAFBVV95cUxQaHRwZjRlanFkeFpGamRVT2tnbXdpSE9zS2VxbF9WU0RjNDhDVWs2M0lGV2pCd0JTVW1TcGNLQ1ljUFpGLXVlajdya0xiVDdPT1gzM21EaFdXWWJRZkhqRnVLWmFldUdLNlplazFBNFR6R0Z3ZWhKZDJUamctMWJUTXgwMGpWRjRJajVfTkNqRGtURTlYUEtMMlZSeU8wdV9QRW5ISjBRRzZNei1IUk9IalZhMzRxTGtBSjM5Yk5tY2xiWGc1aU1QM2tTaU8?oc=5) · Southern Illinoisan
- 2025-05-16 [First Southern Bank Opens in Historic Downtown Clermont - South Lake Tablet](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcjVvMUhFdU11Q3RWWGVLRl9nQkkta1NsTWdGNUwwQTAzWDE0VklNUTRjUVN4VjBPN0w1c25KcDg0bUlPRE4xMkRlakZUYlBqMjU4eTJlbnZ5RklobmlLWEF4QmdwZlZGZHFPbkdYTVdUTnlGc1hENzN2RGJVVGdfQnUyRndWTUZYc19QUXpIYThzdw?oc=5) · South Lake Tablet
- 2014-08-17 [Bank of Marion and First Southern Bank come together - Southern Illinoisan](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNU2xDcVFUUjRxdGg3NU9tV0daMDdOQkJ6LXZiZjB4NnhvLVB6aEFoNEN1bWRFT0lULUFDa3BIWk5GNExMRlQtZWNOTlp6X1RtMy1rMnRYTXFBTEYtRFNwTHQwWlRfalVzRUlsZDY4b0tDVDZab25hbTJhaHg4QlkySUlZbHBWaWlQWEV1a3hEa2RzNmlGUFdSUzEwM2JCd1dYRHhQbVRMT1lIUlZrcFo2TktkTDg2MTM0RENDUHg3UGVseWd5d1N3SDRiNjZRWXBaVDNoYmdycm1RYl9ySDB6dEJDWmxuS3dBWGliLXljdFExbWs?oc=5) · Southern Illinoisan
- 2025-03-08 [Todd Swims, president/CEO Leaders Credit Union, appointed to St. Louis Federal Reserve Advisory Council - Talk-N West TN](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPcUZBNkFWQnNDd210RkdVQXhmSHpubFFLQ0hXWG1vZDBFTUIxbXM1Y3FvTDloX25IcGhDSUxjekplMjE1aTA0Y1RScFFLOXhYVVYzWk9aaDNxVndJZFVkRDJ2WDRCT1JhY1JMcXRsLWpBQ2JvR3QzcUZ3SEl1MzNrMFF2WWdkYTZYU29yYW90YzhmQmZkamtBVWlzdEt3NjVjUEVDSTlJQkFGeUtqVUpEQll3eDZDZ3hjbTg3RnY5QzlKWW8?oc=5) · Talk-N West TN
- 2023-06-24 [Tina Martin Obituary - Columbia, MS - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxQaU9sU3ZydnduaHVWeW01bVhCeUc1X09HOFZfb3d5Z1I3aEdSRVJMdjc4X1dBSTR6ZExfM051TG5wekYzbUVfY1RFYnVSN2lSUWVZdDNzbHBXcXdCTTVGeXhmb012MGpfYlJ4ZGdVTTlHRWtHY2tIRlRjX0dlOFN4ZA?oc=5) · Dignity Memorial
- 2008-06-27 [Featured Artist: Brenda Brown - Bowling Green Daily News](https://news.google.com/rss/articles/CBMickFVX3lxTE5jSVdGYnNEd3VVOVctZHNmRVdubG12RjJSczNkYkVfSkxfMWh1anhaRFh3R2N4eElWYWNrdGFLekt4VWk1M2tTOWFheDhPclYtRTBLNFAtN0NBcFZSOG9pQnFxalROM0czblhuZDdkM0pBdw?oc=5) · Bowling Green Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31158 (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/54.json (key "31158", 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