First Federal Bank, a FSB
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Data as of · sourced from FFIEC call reports. How we update
First Federal Bank, a FSB is an FDIC-insured savings institution headquartered in Tuscaloosa, AL, established in 1959 (FDIC certificate 31127), and it is supervised by the OCC. At Q2 2026 it reported total assets of $182.6M, up 0.4% from Q2 2025, the 66th largest of 93 banks headquartered in Alabama. Its CET1 capital ratio was 12.44% at Q2 2026, above regulatory requirements.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 31127
- Headquarters
- Tuscaloosa, AL
- Established
- 1959
- Total assets, Q2 2026
- $182.6M
- Assets vs Q2 2025
- +0.4%
- CET1 ratio, Q2 2026
- 12.44%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 262184515
- Latest call report
- Q2 2026, FFIEC 041 · First Federal Bank, a FSB call report
- Holding company
- SOUTHEASTERN FINANCIAL, INC.
- Asset rank in state
- 66th of 93 in Alabama
First Federal Bank, a FSB spends more to run itself than most banks of its size. Based in Tuscaloosa, Alabama, it had $183 million in assets at June 30, 2026. It spends about 93 cents to bring in each dollar of revenue, higher than about 9 in 10 of the 2,627 banks with $100 million to $1 billion in assets (median 61 cents). It also keeps 2.81 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.96 cents).
Earnings jumped: net income for the quarter was $295,000, 79% above the same quarter a year earlier. Funding is the softer spot: it pays an average of 3.27% on its deposits and borrowings, about double the median of 1.80% for banks its size.
As of June 30, 2026, First Federal Bank, a FSB reported a CET1 capital ratio of 12.44%, a return on assets of 0.66%, a nonperforming-loan ratio of 0.60% and a Texas ratio of 2.55%. The figures come from its call report filed with the FFIEC.
First Federal Bank, a FSB ranks as the 66th largest of the 93 banks based in Alabama, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 2.2% to $182.6M, loans rose 1.3% and deposits rose 7.4%. 1-4 family residential loans made up 97.3% of its total loans on June 30, 2026, its largest category; next came construction and land development loans at 2.4%. The FDIC Summary of Deposits lists 3 offices for it, in Tuscaloosa, AL. By the capital ratios in its Q2 2026 call report, First Federal Bank, a FSB meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1300 Mcfarland Blvd Ne, Tuscaloosa, AL 35406
- County
- Tuscaloosa
- Metro Area
- Tuscaloosa, AL
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- —
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- November 20, 1959
- Former names
- First Federal Savings Bank (1989)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 87
- Domestic deposits
- $120.4M
- Allowance for credit losses
- $1.4M
- Net charge-offs (YTD)
- $10K
- Average total assets
- $177.6M
- Average total loans
- $151.1M
- Average interest-bearing deposits
- $112.6M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 31127
- Fed RSSD
- 814074
- Website
- www.1stfed.com →
- Parent Holding Company
- SOUTHEASTERN FINANCIAL, INC. (RSSD 3814459)
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
First Federal Bank, a FSB's total assets moved between a low of $163.3M (Q4 2024) and a high of $187.7M (Q2 2024) from Q3 2023 to Q2 2026, and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$182.6M total assets against $181.8M; $168.7M total liabilities against $168.7M.
$150.5M net loans and leases against $149.8M; $120.4M total deposits against $120.1M.
$657K securities against $686K; $14.0M cash and balances due against $13.4M.
$2.4M total interest income against $2.3M; $1.3M total interest expense against $1.3M.
$1.1M net interest income against $1.0M.
$3.3M total noninterest income against $3.3M; $4.1M total noninterest expense against $4.2M.
$0 provision for credit losses against $0.
$295K net income against $165K.
0.66% return on assets against 0.39%; 2.81% net interest margin against 2.59%.
12.44% CET1 capital ratio against 11.81%; 7.82% tier 1 leverage ratio against 7.69%.
Inside the full First Federal Bank, a FSB 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.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
First Federal Bank, a FSB rankings
Its closest position to the top of a national ranking is 2,014 of 3,640, for Texas Ratio; its furthest is 3,507 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -1.16% (Q4 2024) to 0.98% (Q3 2025) and its net interest margin ran from 2.20% (Q1 2025) to 2.81% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.44% | 0.66% | 0.60% | 2.55% | 2.81% |
| Q1 2026 | 12.52% | 0.88% | 0.63% | 2.06% | 2.76% |
| Q4 2025 | 12.45% | -0.42% | 0.35% | 3.46% | 2.75% |
| Q3 2025 | 12.40% | 0.98% | 0.31% | 2.05% | 2.80% |
| Q2 2025 | 11.81% | 0.39% | 0.48% | 3.66% | 2.59% |
| Q1 2025 | 12.11% | 0.02% | 0.69% | 4.07% | 2.20% |
| Q4 2024 | 12.72% | -1.16% | 0.69% | 6.06% | 2.29% |
| Q3 2024 | 11.82% | -0.36% | 0.64% | 6.55% | 2.26% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 Federal Bank, a FSB (main office) | Tuscaloosa , AL | 35406 | $84.9M |
| Ninth Street Branch | Tuscaloosa , AL | 35401 | $21.8M |
| Tuscaloosa Branch | Tuscaloosa , AL | 35405 | $13.7M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- November 9, 2010, OCC: Formal Agreement: First Federal Bank, A FSB
- Period: Most recent institution action November 9, 2010. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in AL, rank 98 of 131 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,844 applications, 1,328 loans originated, $333.7M originated, across 16 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $75K approved, $75K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1998 (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 Federal Bank, a FSB
What are First Federal Bank, a FSB's total assets?
As of the Q2 2026 filing, First Federal Bank, a FSB reported total assets of $182.6 million in its FFIEC call report.
Where is First Federal Bank, a FSB headquartered?
It is headquartered in Tuscaloosa, AL, United States.
When was First Federal Bank, a FSB founded?
It was established in 1959, per the FDIC institution directory.
Is First Federal Bank, a FSB FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #31127). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Federal Bank, a FSB?
First Federal Bank, a FSB's primary federal regulator is the OCC.
What is First Federal Bank, a FSB's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.44% in its Q2 2026 call report, above regulatory requirements.
How many branches does First Federal Bank, a FSB operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Federal Bank, a FSB's Texas Ratio?
Its Texas Ratio is 2.55% 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 Federal Bank, a FSB previously called?
The charter now named First Federal Bank, a FSB has also operated as First Federal Savings Bank (1989), per FDIC structure-change records.
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