First State Bank of the Florida Keys
Key West, FL
IDRSSD: 191935
Total Assets
$1.16B
Latest filing
Total Deposits
$1.03B
Latest filing
Net Interest Margin
3.35%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank of the Florida Keys
1201 Simonton St
Key West, FL 33040
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/29/1955FDIC Certificate 11489
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| First State Bank of the Florida Keys (Main) | 1201 Simonton St | Key West, FL |
| KEY LARGO BRANCH | 97670 Overseas Hwy | Key Largo, FL |
| BOULEVARD BRANCH | 3406 N Roosevelt Blvd | Key West, FL |
| TRADEWINDS BRANCH | 101433 Overseas Hwy | Key Largo, FL |
| MARATHON BRANCH | 6900 Overseas Hwy | Marathon, FL |
| STOCK ISLAND BRANCH | 5450 Macdonald Ave | Stock Island, FL |
| ISLAMORADA BRANCH | 81621 Old Hwy | Islamorada, FL |
| MIRAMAR BRANCH | 3740 Executive Way | Miramar, FL |
Showing 7 of 8
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 10/29/1955 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 33040 |
| State and County Number | 12087 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Key West, FL |
Operational Info
| Number of Employees | 180 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 10/29/1955 |
| Primary Insurance Agency | DIF |
| Website | keysbank.com |
| Data Updated | 11/14/2025 |
| CERT | 17509 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.16B |
| Total Deposits | $1.03B |
| Total Liabilities | $1.06B |
| Total Equity Capital | $104.22M |
| Net Income | $1.84M |
| Net Loans and Leases | $800.46M |
| Assets Per Employee ($Millions) | $6.36M |
| Bank Premises and Fixed Assets | $10.64M |
| Cash and Balances due from Depository Institutions | $63.78M |
| Deposits Held in Domestic Offices | $1.03B |
Key Performance Ratios
| Return on Assets (ROA) | 0.63% |
| Return on Equity (ROE) | 7.16% |
| Net Interest Margin | 3.35% |
| Efficiency Ratio | 76.79% |
| Tier 1 Risk-Based Capital Ratio | 15.867% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.955% |
| Earning Assets to total Assets | 96.94% |
Income and Expense
| Total Interest Income | $14.51M |
| Total Noninterest Income | $954.00k |
| Total Interest Expense | $5.09M |
| Total Noninterest Expense | $7.96M |
| Net Interest Income | $9.42M |
| Pre-tax Net Operating Income | $2.41M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $14.38M |
| All Other Liabilities | $10.76M |
| Total Liabilities and Capital | $1.16B |
Securities
| Securities | $271.09M |
| Available-for-sale debt securities | $181.24M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $90.28M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First State Bank of the Florida Keys?
$1.16B as of the latest filing.
How much are First State Bank of the Florida Keys's total deposits?
$1.03B in total deposits.
Where is First State Bank of the Florida Keys located?
Key West, FL.
What is the Net Interest Margin?
3.35%.
How many domestic offices does it operate?
9.
When was it established?
10/29/1955.
What is the Return on Assets (ROA)?
0.63%.
How much are total loans and leases?
$800.46M (latest filing).
What is the total interest income (latest filing)?
$14.51M.