First State Bank
Shallowater, TX
IDRSSD: 524766
Total Assets
$146.66M
Latest filing
Total Deposits
$119.04M
Latest filing
Net Interest Margin
5.02%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First State Bank
One Commerce Park
Shallowater, TX 79363
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/08/1960FDIC Certificate 12217
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First State Bank (Main) | One Commerce Park | Shallowater, TX |
| FIRST NATIONAL BANK OF AMHERST BANK BRANCH | 100 Main St | Amherst, TX |
| PLANO LPO | 3465 Technology Dr | Plano, TX |
| DALLAS BRANCH | 11235 Harry Hines Blvd | Dallas, TX |
| FIRST STATE BANK - PLANO BRANCH | 4024 14th Street | Plano, TX |
Showing 4 of 4
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 | 10/08/1960 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 79363 |
| State and County Number | 48303 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 11 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Dallas |
| Core Based Statistical Area Name | Lubbock, TX |
Operational Info
| Number of Employees | 36 |
| Domestic Offices | 5 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 07/11/2018 |
| Date of Deposit Insurance | 10/08/1960 |
| Primary Insurance Agency | DIF |
| Website | www.fsbshallowater.com |
| Data Updated | 01/30/2026 |
| CERT | 18301 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $146.66M |
| Total Deposits | $119.04M |
| Total Liabilities | $120.46M |
| Total Equity Capital | $26.19M |
| Net Income | $360.00k |
| Net Loans and Leases | $89.73M |
| Assets Per Employee ($Millions) | $4.07M |
| Bank Premises and Fixed Assets | $3.43M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $119.04M |
Key Performance Ratios
| Return on Assets (ROA) | 0.98% |
| Return on Equity (ROE) | 5.54% |
| Net Interest Margin | 5.02% |
| Efficiency Ratio | 79.87% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| 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 | 17.859% |
| Earning Assets to total Assets | 91.68% |
Income and Expense
| Total Interest Income | $2.40M |
| Total Noninterest Income | $105.00k |
| Total Interest Expense | $716.00k |
| Total Noninterest Expense | $1.43M |
| Net Interest Income | $1.68M |
| Pre-tax Net Operating Income | $360.00k |
| Provision for Credit Losses | $0 |
| 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 | $20.10M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.42M |
| Total Liabilities and Capital | $146.66M |
Securities
| Securities | $19.05M |
| Available-for-sale debt securities | $19.05M |
| 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?
$146.66M as of the latest filing.
How much are First State Bank's total deposits?
$119.04M in total deposits.
Where is First State Bank located?
Shallowater, TX.
What is the Net Interest Margin?
5.02%.
How many domestic offices does it operate?
5.
When was it established?
10/08/1960.
What is the Return on Assets (ROA)?
0.98%.
How much are total loans and leases?
$89.73M (latest filing).
What is the total interest income (latest filing)?
$2.40M.