First Bank of Alabama
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Data as of · sourced from FFIEC call reports. How we update
First Bank of Alabama is an FDIC-insured commercial bank headquartered in Talladega, AL, established in 1848 (FDIC certificate 2832), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.36B, up 22.7% from Q2 2025, the 11th largest of 93 banks headquartered in Alabama. Its CET1 capital ratio was 13.37% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 2832
- Headquarters
- Talladega, AL
- Established
- 1848
- Total assets, Q2 2026
- $1.36B
- Assets vs Q2 2025
- +22.7%
- CET1 ratio, Q2 2026
- 13.37%
- Domestic offices
- 18 FDIC institution directory, current count
- Routing number
- 062200961
- Latest call report
- Q2 2026, FFIEC 051 · First Bank of Alabama call report
- Holding company
- FIRSTBANC OF ALABAMA, INC.
- Asset rank in state
- 11th of 93 in Alabama
Problem loans are rising at First Bank of Alabama. Based in Talladega, Alabama, it had $1.4 billion in assets at June 30, 2026, up 22.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 3.40% of loans from 0.23% a year earlier. It carries problem assets equal to 27.3% of the capital and reserves that would absorb them, 7.6 times the median of 3.6% for the 895 banks with $1 billion to $10 billion in assets. It also grew deposits 19.4% over the year, 3.8 times the median of 5.1% for banks its size.
The commercial and industrial book ($132 million) is worsening: 5.56% of it is past due or on nonaccrual, up from 1.04% a year earlier. The non-owner-occupied commercial real estate book ($260 million) is worsening: 6.61% of it is past due or on nonaccrual, up from 2.68% a year earlier.
As of June 30, 2026, First Bank of Alabama reported a CET1 capital ratio of 13.37%, a return on assets of 1.16%, a nonperforming-loan ratio of 3.40% and a Texas ratio of 27.30%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First Bank of Alabama is the 11th largest of the 93 banks headquartered in Alabama. Between Q1 2026 and Q2 2026, its total assets fell 0.6% to $1.36B, loans fell 0.9% and deposits fell 0.9%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 32.1% of total loans, followed by 1-4 family residential loans at 23.4%. Its 18 offices in the FDIC Summary of Deposits are in 18 cities in AL; its Talladega office books 42% of its branch deposits. Judged on its Q2 2026 call report, First Bank of Alabama meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 120 North St E, Talladega, AL 35160
- County
- Talladega
- Metro Area
- Talladega-Sylacauga, AL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1848
- Former names
- The First National Bank of Talladega (1978-2015)
- Domestic offices
- 18 FDIC institution directory, current count
- Employees (FTE)
- 183
- Domestic deposits
- $1.21B
- Allowance for credit losses
- $9.3M
- Net charge-offs (YTD)
- $1.3M
- Average total assets
- $1.37B
- Average total loans
- $817.9M
- Average interest-bearing deposits
- $1.03B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2832
- Fed RSSD
- 257233
- Website
- fbal.bank →
- Parent Holding Company
- FIRSTBANC OF ALABAMA, INC. (RSSD 1135356)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First Bank of Alabama's total assets ran between $963.2M (Q3 2023) and $1.37B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.36B total assets against $1.11B; $1.25B total liabilities against $1.03B.
$800.4M net loans and leases against $695.7M; $1.21B total deposits against $1.02B.
$327.0M securities against $225.0M; $113.2M cash and balances due against $95.4M.
$17.9M total interest income against $15.7M; $5.2M total interest expense against $5.6M.
$12.7M net interest income against $10.2M.
$1.8M total noninterest income against $1.5M; $9.6M total noninterest expense against $6.7M.
$338K provision for credit losses against $694K.
$4.0M net income against $3.0M.
1.16% return on assets against 1.07%; 3.96% net interest margin against 3.86%.
13.37% CET1 capital ratio against 13.42%; 9.82% tier 1 leverage ratio against 10.32%.
Inside the full First Bank of Alabama terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Bank of Alabama rankings
Its closest position to the top of a national ranking is 76 of 3,640, for Texas Ratio; its furthest is 2,339 of 3,606, for efficiency ratio.
Metric pages for First Bank of Alabama: Texas Ratio.
Banks merged into First Bank of Alabama
- First Fidelity Bank, effective March 21, 2026
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.66% (Q4 2024) to 3.24% (Q3 2025) and its net interest margin ran from 3.48% (Q3 2024) to 4.50% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.37% | 1.16% | 3.40% | 27.30% | 3.96% |
| Q1 2026 | 12.45% | 1.49% | 2.93% | 24.84% | 4.50% |
| Q4 2025 | 13.95% | 0.77% | 3.38% | 26.59% | 4.09% |
| Q3 2025 | 13.67% | 3.24% | 0.92% | 8.86% | 4.00% |
| Q2 2025 | 13.42% | 1.07% | 0.23% | 3.89% | 3.86% |
| Q1 2025 | 13.23% | 1.61% | 1.23% | 10.66% | 3.88% |
| Q4 2024 | 12.83% | 0.66% | 2.43% | 20.68% | 3.75% |
| Q3 2024 | 13.07% | 2.68% | 1.74% | 14.55% | 3.48% |
Swipe the table sideways to see every column.
Branch Network
View all 18 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Bank of Alabama (main office) | Talladega , AL | 35160 | $504.0M |
| First Fidelity Branch | Fort Payne , AL | 35967 | $102.6M |
| Bank of Wedowee Branch | Wedowee , AL | 36278 | $99.8M |
| Oxford Branch | Oxford , AL | 36203 | $79.7M |
| Sylacauga Branch | Sylacauga , AL | 35150 | $70.4M |
| 102 5th Street North Branch | Clanton , AL | 35045 | $62.1M |
| Ranburne Branch | Ranburne , AL | 36273 | $55.5M |
| Roanoke Branch | Roanoke , AL | 36274 | $42.3M |
| Lincoln Branch | Lincoln , AL | 35096 | $41.7M |
| Heflin Branch | Heflin , AL | 36264 | $30.7M |
| Woodland Branch | Woodland , AL | 36280 | $28.9M |
| Munford Branch | Munford , AL | 36268 | $25.7M |
| Ashland | Ashland , AL | 36251 | $20.7M |
| 10838 Alabama Hwy. 75 Branch | Ider , AL | 35981 | $19.3M |
| Anniston Branch | Anniston , AL | 36201 | $13.9M |
| Main Street West Branch | Rainsville , AL | 35986 | $10.9M |
| Childersburg Branch | Childersburg , AL | 35044 | $4.8M |
| Jacksonville Branch | Jacksonville , AL | 36265 | $881K |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 21, 2026 | Structure Change | Acquired First Fidelity Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 20, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 16, 2021 | Structure Change | Acquired SouthFirst Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 15, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2017 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2017 | Structure Change | Acquired Bank of Wedowee Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 2 against the institution (OCC)
- March 16, 2012, OCC: Formal Agreement: The First National Bank of Talladega
- July 27, 2010, OCC: Civil Money Penalty (CMP): The First National Bank of Talladega
- Period: Most recent institution action March 16, 2012. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.8% of deposits in AL, rank 24 of 131 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 217 applications, 175 loans originated, $50.7M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $2.0M approved, $988K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Bank of Alabama
What are First Bank of Alabama's total assets?
As of the Q2 2026 filing, First Bank of Alabama reported total assets of $1.36 billion in its FFIEC call report.
Where is First Bank of Alabama headquartered?
It is headquartered in Talladega, AL, United States.
When was First Bank of Alabama founded?
It was established in 1848, per the FDIC institution directory.
Is First Bank of Alabama FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2832). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Bank of Alabama?
First Bank of Alabama's primary federal regulator is the FDIC.
What is First Bank of Alabama's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.37% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Bank of Alabama operate?
It operates 18 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Bank of Alabama's Texas Ratio?
Its Texas Ratio is 27.30% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First Bank of Alabama previously called?
The charter now named First Bank of Alabama has also operated as The First National Bank of Talladega (1978-2015), per FDIC structure-change records.
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