First State Bank

Gainesville, TX
IDRSSD: 435750
Total Assets
$1.82B
Latest filing
Total Deposits
$1.63B
Latest filing
Net Interest Margin
4.13%
Profitability

Key People

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Locations

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Main Office
First State Bank
801 E California St
Gainesville, TX 76240
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/16/1905FDIC Certificate 9810

Branches (13)

Page 1 of 2
NameAddressCity / State
First State Bank (Main)801 E California StGainesville, TX
NORTH TEXAS BRANCH808 E Highway 82Gainesville, TX
MUENSTER BRANCH519 E Division StMuenster, TX
LAKE KIOWA BRANCH6586 Fm 902Gainesville, TX
DENTON BRANCH400 W Oak StDenton, TX
NORTH TEXAS BANK BRANCH661 W Thompson StDecatur, TX
SAINT JO BRANCH108 E. Howell StreetSaint Jo, TX
ROANOKE BRANCH211 S Oak StRoanoke, TX
Showing 7 of 13

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date08/16/1905
Community BankYes
Ownership TypeNot Mutual
ZIP76240
State and County Number48097
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameGainesville, TX

Operational Info

Number of Employees270
Domestic Offices14
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance07/09/1937
Primary Insurance AgencyDIF
Websitehttp://www.firststate.bank
Data Updated01/30/2026
CERT15511
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.82B
Total Deposits$1.63B
Total Liabilities$1.67B
Total Equity Capital$152.61M
Net Income$3.96M
Net Loans and Leases$984.09M
Assets Per Employee ($Millions)$6.49M
Bank Premises and Fixed Assets$95.87M
Cash and Balances due from Depository Institutions$38.24M
Deposits Held in Domestic Offices$1.63B

Key Performance Ratios

Return on Assets (ROA)0.87%
Return on Equity (ROE)10.6%
Net Interest Margin4.13%
Efficiency Ratio77.74%
Tier 1 Risk-Based Capital Ratio13.394%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.374%
Earning Assets to total Assets90.5%

Income and Expense

Total Interest Income$23.65M
Total Noninterest Income$3.60M
Total Interest Expense$6.51M
Total Noninterest Expense$16.12M
Net Interest Income$17.13M
Pre-tax Net Operating Income$4.54M
Provision for Credit Losses$75.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$39.04M
Total Liabilities and Capital$1.82B

Securities

Securities$647.71M
Available-for-sale debt securities$647.71M
Equity securities with readily determinable fair values not held for trading
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?
$1.82B as of the latest filing.
How much are First State Bank's total deposits?
$1.63B in total deposits.
Where is First State Bank located?
Gainesville, TX.
What is the Net Interest Margin?
4.13%.
How many domestic offices does it operate?
14.
When was it established?
08/16/1905.
What is the Return on Assets (ROA)?
0.87%.
How much are total loans and leases?
$984.09M (latest filing).
What is the total interest income (latest filing)?
$23.65M.