FirstBank, Financial Information

AboutFirstBank

 Address:
211 Commerce Street, Suite 300
Nashville,TN
Henderson County,Tennessee
 Established:
Jan 1906
 Number of domestic offices:
131
Total assets$11,192M
Net income$66M
Net income,quarterly$46M
Total deposits$9,463M
Domestic deposits$9,463M
Equity capital$1,375M
ROA0.79%
ROAQ,quarterly1.67%
ROA,pretax1.67%
ROAQ,quarterly,pretax2.16%
ROE6.44%
ROEQ,quarterly13.71%
UpdatedMay 20, 2021

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.

FirstBank is the third largest Tennessee bank, with 57 locations across the Southeast. The bank, headquartered in Lexington, Tenn., serves every major metropolitan market in the state. With more than $2 billion in total assets, FirstBank has the resources to provide a variety of financial services and products while maintaining its community-banking approach to business.

With roots in West Tennessee, FirstBank is dedicated to being involved in the communities it serves. That commitment is reflected by the Ayers Foundation Scholars program, a scholarship fund established by FirstBank Chairman and sole shareholder Jim Ayers to advance higher education for young people in Tennessee.

FirstBank is the largest independently owned Tennessee bank, with locations in all major markets across the state, from Memphis to Nashville, to Knoxville and Chattanooga, and in communities in between.

FirstBank has 57 locations across the Southeast. That includes financial centers in Camden, Chattanooga, Cleveland, Crossville, Dayton, Dickson, Fairview, Fayetteville, Franklin, Goodlettsville, Hollow Rock-Bruceton, Huntingdon, Jackson, Knoxville, Lexington, Linden, Memphis, Mt. Juliet, Murfreesboro, Nashville, Paris, Parsons, Scotts Hill, Shelbyville, Smithville, Smyrna, Waverly and Woodbury.

First South Bancorp, Inc., is the holding company for FirstBank and The Ayers Foundation while FirstBank Investment Partners and FirstBankMortgage Partners are divisions of FirstBank.