First South Bank, Financial Information

AboutFirst South Bank

 Address:
1862 Highway 45 Bypass
Jackson,TN
Madison County,Tennessee
 Established:
Apr 1903
 Number of domestic offices:
10
Total assets$449M
Net income$7M
Net income,quarterly$2M
Total deposits$367M
Domestic deposits$367M
Equity capital$53M
ROA1.65%
ROAQ,quarterly1.45%
ROA,pretax1.45%
ROAQ,quarterly,pretax1.54%
ROE13.56%
ROEQ,quarterly11.82%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First South Bank chartered as Hardeman County Savings Bank in 1903. From headquarters in Jackson, Tennessee, the bank now serves the people of Dyer, Hardeman, Haywood and Madison counties. Additionally, First South Banks insurance agency, is one of the largest in West Tennessee offering property and casualty, personal lines, life, health, and group insurance.

First South Banks mortgage specialists are able to offer an array of mortgage products that fit your needs when purchasing or refinancing your home. From traditional banking to investments to insurance to home loans, the bank is able to provide the service and expertise to fit your needs.

Banks suite of electronic banking products allows you to be connected to your bank from anywhere in the world. Securities and insurance products offered by Infinex Investments Inc. and its affiliates, member FINRA /SIPC. Infinex Investments Inc. and First South Bank are independent entities.