Joseph L. Beaver

Joseph L. Beaver

FLORENCE, AL — The First Southern Bank Board of Directors recently named Joseph L. Beaver President and CEO.  In addition, Mr. Beaver was elected to the Board of Directors of First Southern Bank, First Southern Bancshares, Inc. and FSB, LLC. 

Beaver joined First Southern in April of 2019 as Senior Vice President and Agricultural Lender.  Since joining First Southern, Mr. Beaver has more than tripled the size of the agriculture loan portfolio and led the Bank in the successful agricultural insurance agency acquisition by First Southern Bancshares.  During his 23 years at AmSouth/Regions, Mr. Beaver served as Lauderdale and Colbert County Market President, Northwest Alabama Business Banking Sales Manager, and Commercial Relationship Manager/Agricultural Specialist.

Mr. Beaver is a graduate of the University of North Alabama, Graduate School of Banking at Louisiana State University, National Commercial Lending School at Oklahoma University, and Executive Development Institute at Vanderbilt University.

In addition to Mr. Beaver’s extensive banking background, he has been active in community service, including the Easter Seals Rehabilitation Center, where is serves as Director and Treasurer.  He has served as a Director for the Shoals Chamber of Commerce, Muscle Shoals Board of Education, Tennessee Valley Art Association, and the Muscle Shoals Park and Recreation Department.

Frank Niedergeses will be assuming an expanded role as the Bank’s Executive Vice President and Senior Lending Officer.  We know that Mr. Beaver and Mr. Niedergeses will make a great team leading the Bank forward.

The Board is excited to have Beaver in this position and looks forward to the continued growth and success of the Bank.  

Having Beaver as part of the First Southern Bank management team, and not having to go outside to fill the position is a tribute to Dennis W. Morgan’s management and leadership.  Morgan, Joe Beaver’s predecessor, passed away suddenly last month.