First State Bank

Buxton, ND
IDRSSD: 917050
Total Assets
$409.72M
Latest filing
Total Deposits
$365.83M
Latest filing
Net Interest Margin
3.96%
Profitability

Key People

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Locations

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Main Office
First State Bank
423 Broadway
Buxton, ND 58218
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1885FDIC Certificate 9834

Branches (4)

Page 1 of 1
NameAddressCity / State
First State Bank (Main)423 BroadwayBuxton, ND
PORTLAND BRANCH509 Parke AvePortland, ND
PAYING AND RECEIVING BRANCH620 Broadway StThompson, ND
GRAND FORKS BRANCH2500 32nd Ave SGrand Forks, ND
MAYVILLE BRANCH124 Center Ave SMayville, ND
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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1885
Community BankYes
Ownership TypeNot Mutual
ZIP58218
State and County Number38097
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees43
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.firststatebanks.com
Data Updated01/30/2026
CERT15539
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$409.72M
Total Deposits$365.83M
Total Liabilities$370.49M
Total Equity Capital$39.23M
Net Income$1.21M
Net Loans and Leases$363.76M
Assets Per Employee ($Millions)$9.53M
Bank Premises and Fixed Assets$3.14M
Cash and Balances due from Depository Institutions$17.55M
Deposits Held in Domestic Offices$365.83M

Key Performance Ratios

Return on Assets (ROA)1.19%
Return on Equity (ROE)12.23%
Net Interest Margin3.96%
Efficiency Ratio69.31%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.576%
Earning Assets to total Assets94.72%

Income and Expense

Total Interest Income$6.04M
Total Noninterest Income$402.00k
Total Interest Expense$2.21M
Total Noninterest Expense$2.98M
Net Interest Income$3.83M
Pre-tax Net Operating Income$1.20M
Provision for Credit Losses$45.00k
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$4.65M
Total Liabilities and Capital$409.72M

Securities

Securities$17.45M
Available-for-sale debt securities$17.32M
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?
$409.72M as of the latest filing.
How much are First State Bank's total deposits?
$365.83M in total deposits.
Where is First State Bank located?
Buxton, ND.
What is the Net Interest Margin?
3.96%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1885.
What is the Return on Assets (ROA)?
1.19%.
How much are total loans and leases?
$363.76M (latest filing).
What is the total interest income (latest filing)?
$6.04M.