# FIRST CHOICE BANK
PONTOTOC, MS · FDIC certificate 5006 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $561.0M | |
| Deposits | $510.0M | |
| Loans and leases | $406.4M | |
| Total equity | $45.9M | |
| Loans / deposits | 78.90% (p43 of band) | 82.04% |
| Liquid assets / assets | 21.64% (p38 of band) | |
| Uninsured deposits / deposits | 37.73% (p84 of band) | 25.97% |
| Brokered deposits | 0.15% | |
| Wholesale funding | 0.15% (p26 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.52% (p23 of band) | 10.81% |
| Unrealized securities loss / equity | -21.37% (p21 of band) | -8.10% |
| AOCI / equity | -0.27% (p54 of band) | |
| ROA (annualized) | 0.38% (p9 of band) | 1.28% |
| Net interest margin | 3.83% (p46 of band) | 3.91% |
| Efficiency ratio | 87.16% (p93 of band) | |
| Noncurrent loans | 0.31% (p42 of band) | 0.43% |
| Net charge-offs (annualized) | 0.06% (p79 of band) | |
| Reserve coverage of noncurrent | 320.35% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 155.91% (p97 of band) | |
| Auto loans | $8.4M (2.07% of loans; DQ 2.80%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 12.9% | |
| Employees | 98 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)
- **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 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | reserve under noncurrent |
| 2015-06 | 1 | reserve under noncurrent |  |
| 2015-09 | 0 |  | reserve under noncurrent |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | capital falling |  |
| 2018-06 | 0 |  | capital falling |
| 2018-09 | 1 | uninsured deposits leaving |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | capital falling |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 0 |  | uninsured deposits leaving, capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | capital falling, construction >100% equity |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | capital falling | AOCI drag >20% of equity |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | capital falling |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | capital falling |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 1 |  | securities losses >30% of equity, capital falling |
| 2024-12 | 2 | securities losses >30% of equity |  |
| 2025-03 | 3 | capital falling |  |
| 2025-06 | 1 |  | securities losses >30% of equity, capital falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | construction >100% equity |
| 2026-03 | 4 | capital falling, losing money, expense ratio p90, construction >100% equity |  |
| 2026-06 | 3 |  | losing money |

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

- 2025-10-17 [First Choice Bank opens first DeSoto County branch in Southaven - DeSoto County News](https://news.google.com/rss/articles/CBMisgFBVV95cUxOcUxtaWZ3RVo0YzVrYjViNS03OUExUTBuNGxURG9xc3h6b2J0d25WS3h3SlRaUl9GMS1TTG10cFNFV0JyRmxLTVNFOGV2amNObEw1alJRU3BSNUtkUWotXzZTall2Q1RtenNLOVIxUTFHMlRxWlMtUW14QjRWYWsxMXR5TGc4Y2I2NzU5SzJ5QzFiTzRXUUxzd1pITGJySFAtVjNJUUFhR0FsNk9fOWhPMjRn?oc=5) · DeSoto County News
- 2024-03-31 [Pontotoc banker elected president of Mississippi Young Bankers - djournal.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQR09hS05QRzlFTEFKX2pkTHBRVy11NDZTWnZNYVB6N0hRdVNwd0gtR1lCT2s1Y3U0NE9UTDJZTnJReGdPeTdtdUNBNGlva0cwRjFIeF9ESHVhd1ZqLTJ2blM1X2xUTE5KVGNBaXFzTktxUERDNnp4Q2xkY19BektwRzJWZWl5OEppMWJjc3dnRzVXd3hKT1FUWHJnU2xIYUJmSWJYci1QM1JDTXZXNWpqdEluZUlUN1NBMFZ5LU56S3Y0YlcxOGdIclJKYzB5SllVMVk4?oc=5) · djournal.com
- 2025-12-20 [Jon McDonald Obituary (1960 - 2025) - Pontotoc, MS - Pontotoc Progress - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxObzY4SnFLN1o0X1FuQjE5ZFdVYTE0RFgyR0pLV3hUbGFpc0E0Um9mb2gyR3U3Z05Mei01UU1GVm9PalpUQkg3RGhtbFh6OE4taTVPbWVpWXpHR0x1aklRcU5OTHM0NHJUVmxqdzloanRpNXQ3ZEUzbHBFWGFOOWE4YzZFUHRmWEdOaktUNXZ3ZVh4Vlo2Q2E4MQ?oc=5) · legacy.com
- 2021-09-08 [Bank of Southern California Appoints Nicole Swain as President - citybiz](https://news.google.com/rss/articles/CBMiowFBVV95cUxNazhiYXhINlBCTzI3cHlfT3M4MlloRkZESXl2VnpISU9GcWMyQURXT08zN1BmOWdmZE1wSmEzaGh3VFZmNDR3dkxLWHFGdS1Pb256djV2YUdjVHF1T2V2WEJ1MVRlcUVhQ09wQ1phSHhsSk92NW9RZlpxS3VQSnJoV3QtM2M1QTAyN0ZTZUJTV0VrSWo1ejFVVmtsYUgxN3NCNE1N?oc=5) · citybiz
- 2019-03-20 [Montgomery and Russell retiring from First Choice - djournal.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxQSEl2ZS0tYmVRbDVNTVlmRTZVQVZnT1kzQnlsYWJ6VWxVLXpVU1NwRUMycXJuQm9Qak1Qc0NGc2R6SUE4TFkzbW9IM0JHQlJkbUFGV2FpMmlXRm5KMUhDZmxYVnBCRVZwZGxHTXc3NmtUb241aVpRTnZyYzVBSEh6U0pFVTMwRWQ5bEFRNS1tTWotYUluMmJGTHpsSnJyTXJTQkJfMDhYazdIbGdycXl4LWx2T0J4ZGpJa1hLQ0hYZTVnSVJRMk5YNmVuaWR5Zw?oc=5) · djournal.com
- 2022-06-26 [Ila Robinson Obituary - Pontotoc, MS - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxNVl9lXzBQaWJmZHRfUi1vblo2ZWxBcDduZHZUVHBNQlBDTW1SSnhVU29zRHBZTWowTmJTZnlkMGIwRk1UeXJkT1E2NVVVc3VMdUFpTlI2ejg1UDIzQm9STE1NR2RkYnZBUjZkbUM1MjlyR3hBMTMzb2MycXBXZDZuc0Jn?oc=5) · Dignity Memorial
- 2025-11-07 [Renasant Bank Opens Rebuilt Southaven Facility - DeSoto County News](https://news.google.com/rss/articles/CBMimwFBVV95cUxOcTUyS3VJT0pwdDBBVGdFSkJ2UXVPY2RBT2wxWUp3T3ExRFJGY3RVQ05OSEU2aDZubDdLVXhxQUJ4ZXp2amRyNkYwb09CMl9ZUUpRdHprRlRSci1zQUk2NmhtcUU0X09BZjNOMk9HRC1EeExfcl9rYnNiSGFqaTcybFJoMWJPbzRQQ2pvRUFwUE9YZW9ObG00WVpZRQ?oc=5) · DeSoto County News
- 2019-11-30 [John Sewell Obituary - Pontotoc, MS - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE0wdDZtZVBXMlFyb1Ntei1PVVplcmhQWVJQVmVMaVFKT0NDb0pKNHlsdEg0QXgwSUZVTWU2UElSdWNxV01nWVVoVk54ZjExeWRSRGZRWWNIaC05SnN0bTZCSldPM1QtT3lDaEJUR0dIZUZJWDdxZ0ZNdzZ4aTVMdkE?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5006 (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/14.json (key "5006", 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