First Bank of Alabama
Talladega, Alabama, Talladega County
$1.4B in total assets, the 828th largest of 4,309 US banks and 11th of 93 headquartered in Alabama.
- FDIC certificate
- 2832
- Established
- 1848
- Owned by
- Firstbanc Of Alabama Inc
- Primary regulator
- FDIC
- Website
- fbal.bank
At a glance
Compared with 15 banks headquartered in Alabama with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.4B | 47% | $1.4B | |
| Loans | $810M | 33% | $942M | |
| Deposits | $1.2B | 40% | $1.2B | |
| Return on assets | 1.60% | 80% | 1.18% | |
| Net interest margin | 4.34% | 80% | 3.69% | |
| Efficiency ratio | 61.8% | 53% | 61.4% | |
| Equity to assets | 8.23% | 27% | 9.41% | |
| Loans to deposits | 67% | 33% | 73% |
Growth
Total assets grew 10.4% a year over the last 5 years and 13.3% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2026 | First Fidelity Bank Fort Payne, AL | $159M |
| Apr 2021 | SouthFirst Bank Sylacauga, AL | $95M |
| Oct 2017 | Bank of Wedowee Wedowee, AL | $128M |
Where they operate
18 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Talladega County, AL | $647M | 56.5% | 1 of 8 |
| Randolph County, AL | $171M | 39.8% | 1 of 4 |
| Dekalb County, AL | $133M | 11.1% | 4 of 8 |
| Calhoun County, AL | $95M | 4.4% | 9 of 11 |
| Cleburne County, AL | $86M | 34.4% | 2 of 3 |
| Chilton County, AL | $62M | 9.4% | 5 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 15 branches since 2016 (3 to 18, +500.0%). 7 opened, 9 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 3 | |||
| 2017 | Acquired Bank of Wedowee | 3 | 0 | +3 | 6 |
| 2018 | Opened Ashland | 1 | 0 | +1 | 7 |
| 2019 | Opened Oxford | 1 | 0 | +1 | 8 |
| 2021 | Acquired SouthFirst BankClosed Talladega | 3 | 1 | +2 | 10 |
| 2023 | Opened Heflin and Ranburne | 2 | 0 | +2 | 12 |
| 2024 | Opened Anniston | 1 | 0 | +1 | 13 |
| 2025 | Opened Childersburg | 1 | 0 | +1 | 14 |
| 2026 through Q2 | Acquired First Fidelity BankOpened Jacksonville | 4 | 0 | +4 | 18 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 47% | 34% | |
| 1-4 family residential | 23% | 22% | |
| Business (C&I) | 16% | 16% | |
| Construction and land | 8% | 10% | |
| Multifamily | 3% | 6% | |
| Consumer | 2% | 5% | |
| Farmland | 0% | 2% | |
| Other | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 55% | 51% | |
| Time deposits | 28% | 25% | |
| Noninterest-bearing | 17% | 24% |
Brokered deposits are 0.0% of deposits (peers 2.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 3.40% | 0.48% |
| Net charge-offs, annualized | 0.34% | 0.18% |
| Reserves to loans | 1.15% | 1.20% |
| Leverage ratio | 9.82% | 9.82% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Alabama
Largest competitors in Talladega County, AL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-alabama