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First State Bank

Spearman, TX
IDRSSD: 407168
Total Assets
$185.28M
Latest filing
Total Deposits
$162.03M
Latest filing
Net Interest Margin
4.54%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1917
Community BankYes
Ownership TypeNot Mutual
ZIP79081
State and County Number48195
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees34
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.fsbtx.com
Data Updated11/14/2025
CERT1218
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$185.28M
Total Deposits$162.03M
Total Liabilities$163.22M
Total Equity Capital$22.06M
Net Income$848.00k
Net Loans and Leases$148.82M
Assets Per Employee ($Millions)$5.61M
Bank Premises and Fixed Assets$396.00k
Cash and Balances due from Depository Institutions$20.46M
Deposits Held in Domestic Offices$162.03M

Key Performance Ratios

Return on Assets (ROA)1.86%
Return on Equity (ROE)15.61%
Net Interest Margin4.54%
Efficiency Ratio54.24%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.26%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.904%
Earning Assets to total Assets95.22%

Income and Expense

Total Interest Income$3.10M
Total Noninterest Income$150.00k
Total Interest Expense$1.11M
Total Noninterest Expense$1.16M
Net Interest Income$1.99M
Pre-tax Net Operating Income$857.00k
Provision for Credit Losses$120.00k
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$44.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.15M
Total Liabilities and Capital$185.28M

Securities

Securities$11.10M
Available-for-sale debt securities$11.04M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank?
$185.28M as of the latest filing.
How much are First State Bank's total deposits?
$162.03M in total deposits.
Where is First State Bank located?
Spearman, TX.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1917.
What is the Return on Assets (ROA)?
1.86%.
How much are total loans and leases?
$148.82M (latest filing).
What is the total interest income (latest filing)?
$3.10M.