First Jackson Bank, Inc.

Established in 1981

About First Jackson Bank, Inc.

First Jackson Bank, Inc. was established on 1981. The bank's headquarters are located at 43243 Us Highway 72 in Stevenson, Alabama.

First Jackson Bank, Inc. is an FDIC insured bank with FDIC number 23376 managing assets to the value of $346,246 as of 12/31/2020.

First Jackson Bank, Inc. has a Texas ratio of 7.79%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

7.79%
Texas Ratio
FDIC Certificate #

23376

Active Insured Since #

10/4/1981

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $346,246
Equity Capital $37,813
Total Deposits $285,825
Total Liabilities $308,433
Total Securities $46,639
Net Loans And Leases $194,614
Loan Loss Allowance $2,071
Total Loans And Leases $196,685
YTD (as of 12/31/2020)
Return On Assets 1.14%
Return On Equity 10.08%
Total Interest Income $13,439
Total Interest Expense $3,984
Total Non Interest Income $516
Total Non Interest Expense $5,076

Headquarters

43243 Us Highway 72 35772, Stevenson

First Jackson Bank, Inc. branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $196,685 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

First Jackson Bank, Inc. Mortgage Loans Profile

Classic Bank

91.89%

Application Approval Rate

Classic Bank

$100,000

Average Mortgage Loan Amount

Classic Bank

185

Number of Loan Applications

Classic Bank

$75,545

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Jackson

Number of Loan Applications
112
Average Loan Amount
$61,214
Approval Rate
91.96%
Average Income of Approved Loans’ Applicants
$60,312

2 Marion

Number of Loan Applications
24
Average Loan Amount
$127,609
Approval Rate
95.83%
Average Income of Approved Loans’ Applicants
$86,474

3 Madison

Number of Loan Applications
14
Average Loan Amount
$161,923
Approval Rate
92.86%
Average Income of Approved Loans’ Applicants
$102,750

4 De Kalb

Number of Loan Applications
13
Average Loan Amount
$107,222
Approval Rate
69.23%
Average Income of Approved Loans’ Applicants
$73,000

5 Marshall

Number of Loan Applications
5
Average Loan Amount
$215,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$81,000

6 Cullman

Number of Loan Applications
3
Average Loan Amount
$111,667
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
150
Average Loan Amount
$84,265
Approval Rate
90.67%
Average Income of Approved Loans’ Applicants
$64,542

2 Tennessee

Number of Loan Applications
32
Average Loan Amount
$161,129
Approval Rate
96.88%
Average Income of Approved Loans’ Applicants
$116,440

3 Georgia

Number of Loan Applications
3
Average Loan Amount
$181,667
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$92,500