As a mid-sized, full service financial institution in Birmingham, Alabama, our immediate strength lies in both our asset size and our bank rating. Currently, First Commercial Bank boasts assets in excess of one billion dollars.
First Commercial Bank opened in 1985 with an $11.5 million capital base. Since then, we have grown to over $2 billion in assets. In the history of de novo banks, few have experienced First Commercial's growth in asset size.
At the foundation of this growth are First Commercial Bank's founders, Richard E. Anthony and John T. Oliver, Jr. They saw an opportunity to capitalize on an increasingly impersonal and frustrating Birmingham banking industry.
Their idea called for an innovative approach to banking. It called for an approach that placed responsiveness, flexibility and personal attention at the center of what First Commercial Bank had to offer individual and business clients. Our advisory board members come from businesses in our community and our decisions are made right here in Birmingham.
First Commercial Bank has the additional resources of Synovus Financial, a multi-billion dollar financial services company with divisions throughout Alabama, Georgia, Florida, South Carolina and Tennessee. But we're also part of a community. Your community. It's this balance that rests at the foundation of who we are. Giving our customers sound banking solutions, expert advice and one-of-a-kind service. Building a partnership that will last and grow as your needs grow.
As you can see, First Commercial Bank is a complete banking and financial management solution. We have products and services to meet your changing needs as you and your wealth grow. We look forward to building a relationship through service and effective solutions that last.