# FIRST BANK
DALTON, GA · FDIC certificate 34116 · asset band $300M-1B · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $585.3M | |
| Deposits | $496.7M | |
| Loans and leases | $341.4M | |
| Total equity | $87.4M | |
| Loans / deposits | 68.26% (p46 of band) | 70.32% |
| Liquid assets / assets | 34.55% (p53 of band) | |
| Uninsured deposits / deposits | 31.50% (p64 of band) | 27.51% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p14 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.20% (p34 of band) | 9.86% |
| Unrealized securities loss / equity | -0.70% (p95 of band) | -19.94% |
| AOCI / equity | -0.52% (p91 of band) | |
| ROA (annualized) | 1.12% (p60 of band) | 1.00% |
| Net interest margin | 4.04% (p91 of band) | 3.20% |
| Efficiency ratio | 46.65% (p8 of band) | |
| Noncurrent loans | 0.87% (p82 of band) | 0.26% |
| Net charge-offs (annualized) | 0.01% (p68 of band) | |
| Reserve coverage of noncurrent | 77.68% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 47.37% (p49 of band) | |
| Auto loans | $3.8M (1.10% of loans; DQ 1.09%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 8.6% | |
| Employees | 76 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | losing money |  |
| 2011-06 | 1 | reserve under noncurrent | losing money |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | losing money |  |
| 2012-09 | 2 | uninsured deposits leaving | losing money |
| 2012-12 | 5 | losing money, expense ratio p90, charge-offs p90 |  |
| 2013-03 | 2 |  | losing money, expense ratio p90, charge-offs p90 |
| 2013-06 | 1 |  | reserve under noncurrent |
| 2013-09 | 1 | charge-offs p90 | uninsured deposits leaving |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | charge-offs p90 |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 2 | noncurrent p90 | capital falling |
| 2015-09 | 1 |  | noncurrent p90 |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 0 |  | charge-offs p90 |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | construction >100% equity |  |
| 2018-06 | 0 |  | construction >100% equity |
| 2018-09 | 1 | construction >100% equity |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | charge-offs p90 |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 0 |  | construction >100% equity, charge-offs p90 |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | reserve under noncurrent |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | reserve under noncurrent |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 2 | NIM <2.5%, reserve under noncurrent |  |
| 2022-03 | 2 | capital falling | NIM <2.5% |
| 2022-06 | 1 |  | capital falling |

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

- 2026-06-26 [Two Southeast banks to merge in $163M deal - Banking Dive](https://news.google.com/rss/articles/CBMiggFBVV95cUxNdnVFcU9uSTNncEtPV3o5dUpuc21hOFI3N1BYVURNa0wtVkNTMlhzaC14cEpuUU0xM2p4d2ItLXpYcnpETEdIN1laTzZpQkR4UldiVGpDUEFCaFY1ODNHemJ3U3dHb1M3TDdBaE9zTGNOaHhHVHJCek1DbnVNcWRWOHNn?oc=5) · Banking Dive
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2026-02-09 [15 most recent bank failures - American Banker](https://news.google.com/rss/articles/CBMickFVX3lxTE9OU0FZMFVvZ2QtYXVOTWpCa3djUGxETDEzbzlFTWhobUpfVnZMdWlDWmswQzNrOEIzc0ZDWVM3cnFTV1ZXTlRMamp2V25jM0ppMTBYM3BEZFM3OFI4bnIyaFlBSlQtT2NNa0RxMURCZ3JaQQ?oc=5) · American Banker
- 2026-02-18 [List of failed banks: 2009-2026 - Yahoo Finance](https://news.google.com/rss/articles/CBMifkFVX3lxTE40ajNvNzA5c3FWUjI4aDhNNEtOMGlWZ3F4Y2lBSkMzY3RyNHZwcWVmX3kwUks3ZWE2QUdlUm11bTRXdmw1T3Zhek5SSGZnMGxqcHZ0SjFzMnhqTG1aR1p4dnJLWm4yVUZGeVhldEF0c3Y5b2diWnlUdTZ2NktJZw?oc=5) · Yahoo Finance
- 2025-11-18 [Community First Credit Union to acquire Georgia-based First Southern Bank in first bank deal - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxQck8yUHR1UHc5V2VPYWtDODZLS2lOeXE0UGpQMEVaZW5MMXd2Sk0tcGdSX1IzUUJPNGVPZkctUnNsQmpoVnNObDFZR3VUV2c0SXNRTTZLY0ZlanlxaXdsN0t4cFVQcjlHRWFSbEp3SVNzQ3dqYXR0RTVrc1lDaFpsVjU3R2RCemRNREZwdTNFOFZVaVFWd1J4bzZYakdpVEIy?oc=5) · The Business Journals
- 2024-02-04 [Garrett Darsey named president, CEO at First Bank of Coastal Georgia - Statesboro Herald](https://news.google.com/rss/articles/CBMiowFBVV95cUxOV3o5eDM3b1I3dHk4WTc5cWhodDl1d2gyUHdrZm95OEJHRXJZXzZVQWJzZzdvTlV2MkRvbFdnb21LNnVOd1lCNXpkMUxrNEhJWEVxdTVmUGx4UDlaYXBSU2RCem1tbUkxbWhrdkQ1djE0eG5LNThPNVV6aE5nNTNxUHpWSzk4Y05sZVR0VWtNZmNZa0k2Z2FDVGdrSGpDZmlHQ01z?oc=5) · Statesboro Herald
- 2024-02-08 [Darsey and Martin Promoted at First Bank of Coastal Georgia - griceconnect.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQQzFwSmpUWUdrRkFnb3NKbXpEcXdOcnpvcFM2ci1xWXdLWUYzaDNueVVidjZ2SlVZN3B1TmtlV2oxU3NjZHhNa1p0QzRISUpyQThYb2lHNkl1SndIdlloUTdkSzBWVTBnX2drS3NmOVh1TkpaRVFrUTF3OGR4QU9CNkwyd3BaLXJVT2RQNDNlVVdCdjVkcGRUazRkSFlKSjBYdktmZUJDWWFuUW_SAbABQVVfeXFMUFJOLWRuUzBfODNuNHNlMThGSC1nU3d3SFh1R1RqZktNVWRMZjVDRFFlS1JGMFh6ZFRWNlYxTVJlMmFXWHlkb2JiOEpmWGl4ci1GMURtYkczNEJWV1NtRmx6aDJLQTFkOWlqZjdoS2U0UEwwTld1c3M2Ym9KVEtoSDBlZGFxT2hOWkJ3R3dDRFhvUlNLT0t1NXhTWTVvTDBYQ3l6V0xWbnozNGtmYXFkcTU?oc=5) · griceconnect.com
- 2026-08-17 [GDLA Warns of Action as FirstBank Ghana Faces Court Payment Deadline - NewsGhana](https://news.google.com/rss/articles/CBMimgFBVV95cUxOaVpzYjRpMWlRdjYwanczYWJUbms0YmdlZFBSV3N3QkM5NzBqX0k4U0RwSjQ3eFJPaDR2TTVual9aaVcxT194TzZWUHJuZWxsYzVfYjk4N2xic25OVlZsaDExcktCSjJud2Y0d3lWNlVIMDZDbkd1NGx3Rk9ncnM5OVFnUDVWbEYzeFBMTjd6WHNoenN6Q192Tkh3?oc=5) · NewsGhana

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34116 (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/4.json (key "34116", 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.

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