First Choice Bank
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Data as of · sourced from FFIEC call reports. How we update
First Choice Bank is an FDIC-insured commercial bank headquartered in Pontotoc, MS (FDIC certificate 5006), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $561.0M, up 12.2% from Q2 2025, the 25th largest of 57 banks headquartered in Mississippi. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.52% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 5006
- Headquarters
- Pontotoc, MS
- Established
- Not reported
- Total assets, Q2 2026
- $561.0M
- Assets vs Q2 2025
- +12.2%
- Tier 1 leverage ratio, Q2 2026
- 9.52%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 084202073
- Holding company
- PONTOTOC BANCSHARES CORP.
- Asset rank in state
- 25th of 57 in Mississippi
First Choice Bank, based in Pontotoc, Mississippi, reported $561 million in assets at June 30, 2026, up 12.2% from a year earlier. It grew its loan book 19.0% over the year, 3.5 times the median of 5.5% for the 2,660 banks with $100 million to $1 billion in assets. It also holds commercial real estate loans worth 2.6 times its capital, about double the median of 1.2 times for banks its size.
Loans are outrunning deposits: over the year loans rose 19.0% and deposits rose 12.9%. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 0.31% of loans, down from 0.45% a year earlier. Funding is the softer spot: it pays an average of 2.49% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, First Choice Bank reported a return on assets of 0.97%, a nonperforming-loan ratio of 0.31% and a Texas ratio of 4.04%. The figures come from its call report filed with the FFIEC.
Of the 57 banks headquartered in Mississippi, First Choice Bank is the 25th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.4% to $561.0M, loans rose 9.0% and deposits were flat. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 37.5% of total loans, ahead of construction and land development loans at 17.6%. Its 6 offices in the FDIC Summary of Deposits are in 5 cities in MS; its Pontotoc 2 offices book 81% of its branch deposits. Judged on its Q2 2026 call report, First Choice Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 19 S Main St, Pontotoc, MS 38863
- County
- Pontotoc
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 98
- Domestic deposits
- $510.0M
- Allowance for credit losses
- $4.0M
- Net charge-offs (YTD)
- $173K
- Average total assets
- $555.6M
- Average total loans
- $381.0M
- Average interest-bearing deposits
- $444.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5006
- Fed RSSD
- 968744
- SEC CIK
- 1030180 → filed by PONTOTOC BANCSHARES CORP.
- Website
- https://www.firstchoice.bank →
- Parent Holding Company
- PONTOTOC BANCSHARES CORP. (RSSD 2524911)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, First Choice Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Choice Bank's total assets ranged from $451.6M (Q3 2023) to $561.0M (Q2 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$561.0M total assets against $500.0M; $515.1M total liabilities against $457.0M.
$402.4M net loans and leases against $337.4M; $510.0M total deposits against $451.9M.
$93.1M securities against $115.0M; $28.4M cash and balances due against $9.9M.
$8.0M total interest income against $7.1M; $3.1M total interest expense against $2.7M.
$4.9M net interest income against $4.5M.
$838K total noninterest income against $855K; $3.9M total noninterest expense against $3.5M.
$114K provision for credit losses against $158K.
$1.4M net income against $1.3M.
0.97% return on assets against 1.00%; 3.90% net interest margin against 3.95%.
9.52% tier 1 leverage ratio against 10.39%.
Inside the full First Choice Bank 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.
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 Choice Bank rankings
Its closest position to the top of a national ranking is 1,634 of 4,196, for total assets; its furthest is 2,566 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.24% (Q1 2026) to 1.00% (Q2 2025) and its net interest margin ran from 3.27% (Q3 2024) to 4.01% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.52% | 0.97% | 0.31% | 4.04% | 3.90% |
| Q1 2026 | 9.55% | -0.24% | 0.78% | 6.36% | 3.68% |
| Q4 2025 | 10.23% | 0.77% | 0.45% | 3.55% | 4.00% |
| Q3 2025 | 10.63% | 0.88% | 0.42% | 3.00% | 4.01% |
| Q2 2025 | 10.39% | 1.00% | 0.45% | 3.50% | 3.95% |
| Q1 2025 | 10.16% | 0.74% | 0.52% | 3.88% | 3.56% |
| Q4 2024 | 10.33% | 0.73% | 0.59% | 4.37% | 3.50% |
| Q3 2024 | 10.55% | 0.69% | 0.64% | 4.40% | 3.27% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 Choice Bank (main office) | Pontotoc , MS | 38863 | $379.4M |
| West Pontotoc Branch | Pontotoc , MS | 38863 | $36.2M |
| First Choice Bank Ecru Branch | Ecru , MS | 38841 | $30.0M |
| Tupelo Branch | Tupelo , MS | 38804 | $27.0M |
| Southaven Branch | Southaven , MS | 38672 | $21.0M |
| Houlka Branch | Houlka , MS | 38850 | $16.6M |
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 |
|---|---|---|---|
| April 16, 1994 | Structure Change | Acquired Security Federal Savings and Loan Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 2 against individuals associated with it
- Period: Most recent action April 22, 2009. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.6% of deposits in MS, rank 24 of 80 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $100K approved, $100K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1999 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), 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 Choice Bank
What are First Choice Bank's total assets?
As of the Q2 2026 filing, First Choice Bank reported total assets of $561.0 million in its FFIEC call report.
Where is First Choice Bank headquartered?
It is headquartered in Pontotoc, MS, United States.
Is First Choice Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5006). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Choice Bank?
First Choice Bank's primary federal regulator is the Federal Reserve.
How many branches does First Choice Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Choice Bank's Texas Ratio?
Its Texas Ratio is 4.04% 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.
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