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First Bank of Boaz

First Bank of Boaz is an FDIC insured institution headquartered at 124 S Main St, Boaz, AL 35957.
It was founded in 1906 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - August 24, 2026

SAVINGS RATES	APY	MIN
Savings	0.10%	$2,500	Compare

CD RATES	APY	MIN
6 Mo CD	0.35%	$10,000	Compare
6 Mo CD	0.35%	$100,000	Compare
12 Mo CD	0.50%	$10,000	Compare
12 Mo CD	0.50%	$100,000	Compare
18 Mo CD	0.50%	$10,000	Compare
18 Mo CD	0.50%	$100,000	Compare
24 Mo CD	0.75%	$10,000	Compare
24 Mo CD	0.75%	$100,000	Compare
30 Mo CD	0.75%	$10,000	Compare
30 Mo CD	0.75%	$100,000	Compare
60 Mo CD	0.75%	$10,000	Compare
60 Mo CD	0.75%	$100,000	Compare

MM RATES	APY	MIN
Money Market	0.25%	$10,000	Compare
Money Market	0.25%	$25,000	Compare

Overview 2026

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 2784
Date Established	1906
Assets	$ 238.20 million
Loans	$ 68.18 million
Deposits	$ 203.91 million
Capital	$ 29.57 million

Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions	$ 10.54 million
Interest-bearing balances	$ 9.69 million
Total securities	$ 147.82 million
Federal funds sold and reverse repurchase	$ 0.03 million
Net loans and leases	$ 68.18 million
Loan loss allowance	$ 1.03 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	N.A.
Goodwill and other intangibles	N.A.
All other assets	$ 11.61 million
Total Assets	$ 208.63 million

LIABILITIES
Total deposits	$ 203.91 million
Interest-bearing deposits	$ 148.73 million
Deposits held in domestic offices	$ 203.91 million
% insured (estimated)"	70.47%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	$ 20.00 million
Subordinated debt	N.A.
All other liabilities	$ 0.29 millionn
Total Liabilities	$ 208.63 million
Shareholders’ Equity	$ 29.57 million

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income	$ 10.33 million
Total Interest Expense	$ 4.10 million
Net interest income	$ 6.24 million
Provision for loan and lease losses	N.A.
Total non interest income	$ 0.57 million
Total non interest expense	$ 3.80 million
Pre-tax Net Operating Income	$ 2.52 million

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