First Century Bank, National Association
Commerce, Georgia, Jackson County
$832M in total assets, the 1,243rd largest of 4,309 US banks and 17th of 125 headquartered in Georgia.
- FDIC certificate
- 57123
- Established
- 2002
- Owned by
- First Century Bcorp
- Primary regulator
- OCC
- Website
- www.myfirstcenturybank.com
At a glance
Compared with 98 banks headquartered in Georgia with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $832M | 97% | $334M | |
| Loans | $141M | 28% | $245M | |
| Deposits | $693M | 94% | $298M | |
| Return on assets | 1.44% | 38% | 1.56% | |
| Net interest margin | 4.74% | 64% | 4.51% | |
| Efficiency ratio | 62.0% | 69% | 57.5% | |
| Equity to assets | 16.18% | 92% | 10.89% | |
| Loans to deposits | 20% | 2% | 79% |
Growth
Total assets grew 20.7% a year over the last 5 years and 21.7% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2019 | First Covenant Bank Commerce, GA | $112M |
Where they operate
2 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Jackson County, GA | $653M | 34.0% | 1 of 10 |
| Beaufort County, SC | $40M | 0.6% | 17 of 20 |
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 1 branch since 2016 (1 to 2, +100.0%). 1 opened, 1 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 1 | |||
| 2019 | Acquired First Covenant Bank | 1 | 0 | +1 | 2 |
| 2020 | Opened Hilton Head IslandClosed Commerce | 1 | 1 | 0 | 2 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Consumer | 53% | 4% | |
| Business (C&I) | 40% | 9% | |
| Construction and land | 4% | 12% | |
| Commercial real estate | 2% | 32% | |
| 1-4 family residential | 0% | 31% | |
| Farmland | 0% | 7% | |
| Multifamily | 0% | 3% | |
| Agricultural | 0% | 2% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Noninterest-bearing | 74% | 26% | |
| Other interest-bearing | 14% | 45% | |
| Time deposits | 12% | 30% |
Brokered deposits are 0.0% of deposits (peers 2.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.00% | 0.32% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 0.42% | 1.37% |
| Leverage ratio | 16.84% | 11.57% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Georgia
Largest competitors in Jackson County, GA
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/banks/first-century-bank-commerce-ga